Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the return on invested capital (ROIC) high or low?
The return on invested capital (ROIC) of 16.46% is 36% below its 5-year average of 25.67%, near the low end of its 5-year range (14.69%–35.66%).
As of the fiscal period ended Wednesday, December 31, 2025. 5.68% above its 12-month average of 15.57%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
16.46%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
15.57%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
22.12%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
25.67%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
26.23%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
23.23%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
22.29%
CURRENT VS TTM AVG
+5.68%
CURRENT VS 3Y AVG
-25.57%
CURRENT VS 5Y AVG
-35.88%
CURRENT VS 10Y AVG
-37.25%
CURRENT VS 15Y AVG
-29.14%
CURRENT VS 20Y AVG
-26.16%
SECTOR MEDIAN · TECHNOLOGY
8.03%
median of 177 covered companies
CURRENT VS SECTOR MEDIAN
+104.98%
vs the sector median at left
Texas Instruments Incorporated
Market Cap
$251.82B
Return on Invested Capital (ROIC)
16.46%
TTM Avg
15.57%
3Y Avg
22.12%
5Y Avg
25.67%
Market Cap
$255.99B
Return on Invested Capital (ROIC)
7.29%
TTM Avg
8.79%
3Y Avg
7.17%
5Y Avg
6.67%
Market Cap
$238.81B
Return on Invested Capital (ROIC)
35.75%
TTM Avg
36.11%
3Y Avg
33.48%
5Y Avg
32.70%
Market Cap
$269.19B
Return on Invested Capital (ROIC)
15.00%
TTM Avg
14.86%
3Y Avg
12.60%
5Y Avg
11.91%
Market Cap
$270.44B
Return on Invested Capital (ROIC)
5.67%
TTM Avg
5.41%
3Y Avg
2.94%
5Y Avg
0.73%
Market Cap
$227.09B
Return on Invested Capital (ROIC)
22.64%
TTM Avg
22.69%
3Y Avg
23.35%
5Y Avg
21.10%
Market Cap
$282.55B
Return on Invested Capital (ROIC)
17.95%
TTM Avg
11.73%
3Y Avg
5.20%
5Y Avg
-8.29%
Market Cap
$213.96B
Return on Invested Capital (ROIC)
12.45%
TTM Avg
8.84%
3Y Avg
7.80%
5Y Avg
8.33%
Market Cap
$210.71B
Return on Invested Capital (ROIC)
10.37%
TTM Avg
9.77%
3Y Avg
8.86%
5Y Avg
7.58%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Texas Instruments Incorporated (TXN) | $251.82B | 16.46% | 15.57% | 22.12% | 25.67% |
| Arm Holdings plc American Depositary Shares (ARM)vs › | $255.99B | 7.29% | 8.79% | 7.17% | 6.67% |
| KLA Corporation (KLAC)vs › | $238.81B | 35.75% | 36.11% | 33.48% | 32.70% |
| Dell Technologies Inc. (DELL)vs › | $269.19B | 15.00% | 14.86% | 12.60% | 11.91% |
| Palo Alto Networks, Inc. (PANW)vs › | $270.44B | 5.67% | 5.41% | 2.94% | 0.73% |
| Arista Networks, Inc. (ANET)vs › | $227.09B | 22.64% | 22.69% | 23.35% | 21.10% |
| Palantir Technologies Inc. (PLTR)vs › | $282.55B | 17.95% | 11.73% | 5.20% | -8.29% |
| SAP SE (SAP)vs › | $213.96B | 12.45% | 8.84% | 7.80% | 8.33% |
| International Business Machines Corporation (IBM)vs › | $210.71B | 10.37% | 9.77% | 8.86% | 7.58% |
| Amphenol Corporation (APH)vs › | $197.70B | 15.12% | 15.01% | 15.20% | 14.59% |
ROIC
16.5%
ROE
33.6%
ROIC = NOPAT / Invested Capital
Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2025-12-31 | 16.46% |
| 2024-12-31 | 14.69% |
| 2023-12-31 | 21.65% |
| 2022-12-31 | 35.66% |
| 2021-12-31 | 34.40% |
| 2020-12-31 | 31.17% |
| 2019-12-31 | 30.44% |
| 2018-12-31 | 36.35% |
| 2017-12-31 | 23.19% |
| 2016-12-31 | 23.92% |
| 2015-12-31 | 20.63% |
| 2014-12-31 | 17.90% |
| 2013-12-31 | 12.93% |
| 2012-12-31 | 9.91% |
| 2011-12-31 | 14.31% |
| 2010-12-31 | 28.04% |
| 2009-12-31 | 15.30% |
| 2008-12-31 | 20.37% |
| 2007-12-31 | 23.51% |
| 2006-12-31 | 20.60% |
| 2005-12-31 | 16.66% |
| 2004-12-31 | 11.79% |
| 2003-12-31 | 6.73% |
| 2002-12-31 | 2.17% |
| 2001-12-31 | -1.93% |
| 2000-12-31 | 10.48% |
| 1999-12-31 | 9.34% |
| 1998-12-31 | 2.82% |
| 1997-12-31 | 3.09% |
| 1996-12-31 | -0.36% |
