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 6.44% is in line with its 5-year average of 6.02%, around the middle of its 5-year range (4.90%–8.44%).
As of the fiscal period ended Wednesday, December 31, 2025. 1.90% above its 12-month average of 6.32%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
6.44%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
6.32%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
5.62%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
6.02%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
7.87%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
11.19%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
11.48%
CURRENT VS TTM AVG
+1.90%
CURRENT VS 3Y AVG
+14.64%
CURRENT VS 5Y AVG
+6.95%
CURRENT VS 10Y AVG
-18.14%
CURRENT VS 15Y AVG
-42.45%
CURRENT VS 20Y AVG
-43.88%
SECTOR MEDIAN · TECHNOLOGY
8.02%
median of 175 covered companies
CURRENT VS SECTOR MEDIAN
-19.70%
vs the sector median at left
Tyler Technologies, Inc.
Market Cap
$12.68B
Return on Invested Capital (ROIC)
6.44%
TTM Avg
6.32%
3Y Avg
5.62%
5Y Avg
6.02%
Market Cap
$12.86B
Return on Invested Capital (ROIC)
5.18%
TTM Avg
5.18%
3Y Avg
6.65%
5Y Avg
8.57%
Market Cap
$12.92B
Return on Invested Capital (ROIC)
4.99%
TTM Avg
5.73%
3Y Avg
5.68%
5Y Avg
5.29%
Market Cap
$12.42B
Return on Invested Capital (ROIC)
10.10%
TTM Avg
11.75%
3Y Avg
12.62%
5Y Avg
11.99%
Market Cap
$12.39B
Return on Invested Capital (ROIC)
5.98%
TTM Avg
6.11%
3Y Avg
8.46%
5Y Avg
9.85%
Market Cap
$13.19B
Return on Invested Capital (ROIC)
6.48%
TTM Avg
5.47%
3Y Avg
5.23%
5Y Avg
6.08%
Market Cap
$12.16B
Return on Invested Capital (ROIC)
0.31%
TTM Avg
-0.05%
3Y Avg
-3.75%
5Y Avg
-3.62%
Market Cap
$13.36B
Return on Invested Capital (ROIC)
3.75%
TTM Avg
4.78%
3Y Avg
5.09%
5Y Avg
4.98%
Market Cap
$13.63B
Return on Invested Capital (ROIC)
19.59%
TTM Avg
21.56%
3Y Avg
21.42%
5Y Avg
20.08%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Tyler Technologies, Inc. (TYL) | $12.68B | 6.44% | 6.32% | 5.62% | 6.02% |
| Onto Innovation Inc. (ONTO)vs › | $12.86B | 5.18% | 5.18% | 6.65% | 8.57% |
| Dynatrace, Inc. (DT)vs › | $12.92B | 4.99% | 5.73% | 5.68% | 5.29% |
| Nova Ltd. (NVMI)vs › | $12.42B | 10.10% | 11.75% | 12.62% | 11.99% |
| Amkor Technology, Inc. (AMKR)vs › | $12.39B | 5.98% | 6.11% | 8.46% | 9.85% |
| Trimble Inc. (TRMB)vs › | $13.19B | 6.48% | 5.47% | 5.23% | 6.08% |
| HubSpot, Inc. (HUBS)vs › | $12.16B | 0.31% | -0.05% | -3.75% | -3.62% |
| Juniper Networks, Inc. (JNPR)vs › | $13.36B | 3.75% | 4.78% | 5.09% | 4.98% |
| Nextpower Inc. (NXT)vs › | $13.63B | 19.59% | 21.56% | 21.42% | 20.08% |
| Unity Software Inc. (U)vs › | $13.84B | -7.17% | -9.97% | -11.50% | -11.84% |
ROIC
6.4%
ROE
5.6%
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 | 6.44% |
| 2024-12-31 | 6.20% |
| 2023-12-31 | 4.90% |
| 2022-12-31 | 4.93% |
| 2021-12-31 | 5.22% |
| 2020-12-31 | 8.44% |
| 2019-12-31 | 8.49% |
| 2018-12-31 | 10.55% |
| 2017-12-31 | 13.48% |
| 2016-12-31 | 11.20% |
| 2015-12-31 | 6.69% |
| 2014-12-31 | 17.34% |
| 2013-12-31 | 15.64% |
| 2012-12-31 | 20.56% |
| 2011-12-31 | 20.21% |
| 2010-12-31 | 18.76% |
| 2009-12-31 | 19.16% |
| 2008-12-31 | 14.47% |
| 2007-12-31 | 11.31% |
| 2006-12-31 | 10.19% |
| 2005-12-31 | 6.81% |
| 2004-12-31 | 7.57% |
| 2003-12-31 | 7.86% |
| 2002-12-31 | 5.09% |
| 2001-12-31 | 0.32% |
| 2000-12-31 | -3.60% |
| 1999-12-31 | -0.11% |
| 1998-12-31 | 1.33% |
| 1997-12-31 | 1.19% |
| 1996-12-31 | -27.57% |
