Basis: Trailing twelve months (TTM), to the latest fiscal quarter end. 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 2.27% is 39% below its 5-year average of 3.74%, around the middle of its 5-year range (-7.36%–9.68%).
As of the fiscal period ended Friday, June 26, 2026. 147.02% above its 12-month average of -4.82%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-26): 2.27%.
RETURN ON INVESTED CAPITAL (ROIC)
2.27%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-4.82%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-0.20%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
3.74%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
5.30%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
5.50%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
6.72%
CURRENT VS TTM AVG
+147.02%
CURRENT VS 3Y AVG
+1212.48%
CURRENT VS 5Y AVG
-39.35%
CURRENT VS 10Y AVG
-57.29%
CURRENT VS 15Y AVG
-58.83%
CURRENT VS 20Y AVG
-66.30%
SECTOR MEDIAN · TECHNOLOGY
7.68%
median of 221 covered companies
CURRENT VS SECTOR MEDIAN
-70.50%
vs the sector median at left
Ultra Clean Holdings, Inc.
Market Cap
$3.26B
Return on Invested Capital (ROIC)
2.27%
TTM Avg
-4.82%
3Y Avg
-0.20%
5Y Avg
3.74%
Market Cap
$3.33B
Return on Invested Capital (ROIC)
4.62%
TTM Avg
-0.95%
3Y Avg
-6.22%
5Y Avg
-73.15%
Market Cap
$3.12B
Return on Invested Capital (ROIC)
9.24%
TTM Avg
8.32%
3Y Avg
11.76%
5Y Avg
9.86%
Market Cap
$3.47B
Return on Invested Capital (ROIC)
-2.95%
TTM Avg
-6.55%
3Y Avg
-0.42%
5Y Avg
2.89%
Market Cap
$3.50B
Return on Invested Capital (ROIC)
1.89%
TTM Avg
4.48%
3Y Avg
5.67%
5Y Avg
5.61%
Market Cap
$3.01B
Return on Invested Capital (ROIC)
-9.32%
TTM Avg
-17.80%
3Y Avg
-18.59%
5Y Avg
-15.30%
Market Cap
$2.84B
Return on Invested Capital (ROIC)
12.30%
TTM Avg
17.50%
3Y Avg
13.20%
5Y Avg
11.42%
Market Cap
$3.79B
Return on Invested Capital (ROIC)
7.58%
TTM Avg
8.26%
3Y Avg
5.23%
5Y Avg
2.71%
Market Cap
$3.81B
Return on Invested Capital (ROIC)
-33.24%
TTM Avg
4.75%
3Y Avg
-5.82%
5Y Avg
-10.73%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Ultra Clean Holdings, Inc. (UCTT) | $3.26B | 2.27% | -4.82% | -0.20% | 3.74% |
| monday.com Ltd. (MNDY)vs › | $3.33B | 4.62% | -0.95% | -6.22% | -73.15% |
| Bel Fuse Inc. (BELFB)vs › | $3.12B | 9.24% | 8.32% | 11.76% | 9.86% |
| Cohu, Inc. (COHU)vs › | $3.47B | -2.95% | -6.55% | -0.42% | 2.89% |
| Veeco Instruments Inc. (VECO)vs › | $3.50B | 1.89% | 4.48% | 5.67% | 5.61% |
| Ambarella, Inc. (AMBA)vs › | $3.01B | -9.32% | -17.80% | -18.59% | -15.30% |
| Teradata Corporation (TDC)vs › | $2.84B | 12.30% | 17.50% | 13.20% | 11.42% |
| Itron, Inc. (ITRI)vs › | $3.79B | 7.58% | 8.26% | 5.23% | 2.71% |
| Wix.com Ltd. (WIX)vs › | $3.81B | -33.24% | 4.75% | -5.82% | -10.73% |
| Himax Technologies, Inc. (HIMX)vs › | $2.66B | 2.25% | 3.57% | 6.53% | 11.74% |
ROIC
2.3%
ROE
-3.7%
ROIC = NOPAT / Invested Capital, where NOPAT = Operating Income × (1 − effective tax rate) and Invested Capital = Total Assets − (Current Liabilities − Short-Term Debt)
Return on invested capital measures the after-tax operating return a company earns on the capital invested in the business. TGMCharts computes it from reported statements: trailing-twelve-month operating income after tax, over invested capital at the latest balance sheet — total assets less the non-interest-bearing current liabilities (payables, accruals, deferred revenue) that fund them; short-term debt stays in the capital base. The tax rate is the period's own effective rate (income tax ÷ pretax income), capped at 45%; when pretax income is zero or negative, or the tax line is a net benefit, no tax is deducted — the operating figure is shown untaxed rather than adjusted by an assumed rate. Not shown for banks, insurers or funds.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2026-06-26 | 2.27% |
| 2026-03-27 | -7.17% |
| 2025-12-26 | -7.36% |
| 2025-09-26 | -6.43% |
| 2025-06-27 | -5.39% |
| 2025-03-28 | 3.09% |
| 2024-12-31 | 3.14% |
| 2024-09-27 | 2.40% |
| 2024-06-28 | 1.74% |
| 2024-03-29 | 2.55% |
| 2023-12-31 | 2.23% |
| 2023-09-29 | 2.61% |
| 2023-06-30 | 3.69% |
| 2023-03-31 | 3.04% |
| 2022-12-31 | 4.32% |
| 2022-09-30 | 5.91% |
| 2022-07-01 | 7.25% |
| 2022-04-01 | 9.68% |
| 2021-12-31 | 9.64% |
| 2021-09-24 | 8.07% |
| 2021-06-25 | 7.45% |
| 2021-03-26 | 12.11% |
| 2020-12-31 | 10.63% |
| 2020-09-25 | 7.88% |
| 2020-06-26 | 4.43% |
| 2020-03-27 | 2.81% |
| 2019-12-31 | 2.01% |
| 2019-09-27 | 2.33% |
| 2019-06-28 | 1.81% |
| 2019-03-29 | 2.70% |
| 2018-12-31 | 5.17% |
| 2018-09-28 | 7.16% |
| 2018-06-29 | 16.69% |
| 2018-03-30 | 17.66% |
| 2017-12-31 | 20.95% |
| 2017-09-29 | 19.09% |
| 2017-06-30 | 15.23% |
| 2017-03-31 | 9.71% |
| 2016-12-31 | 4.15% |
| 2016-09-23 | 1.25% |
| 2016-06-24 | 1.00% |
| 2016-03-25 | 0.49% |
| 2015-12-31 | 1.13% |
| 2015-09-25 | 3.49% |
| 2015-06-26 | 1.35% |
| 2015-03-27 | 2.37% |
| 2014-12-31 | 6.07% |
| 2014-09-26 | 6.75% |
| 2014-06-27 | 9.57% |
| 2014-03-28 | 8.15% |
| 2013-12-31 | 5.72% |
| 2013-09-27 | 2.27% |
| 2013-06-28 | 0.61% |
| 2013-03-29 | 1.07% |
| 2012-12-31 | 2.73% |
| 2012-09-28 | 4.98% |
| 2012-06-29 | 12.73% |
| 2012-03-30 | 14.52% |
| 2011-12-31 | 16.30% |
| 2011-09-30 | 15.16% |
| 2011-07-01 | 18.18% |
| 2011-04-01 | 18.08% |
| 2010-12-31 | 17.29% |
| 2010-10-01 | 18.79% |
| 2010-07-02 | 11.83% |
| 2010-04-02 | -1.47% |
| 2009-12-31 | -20.03% |
| 2009-10-02 | -103.46% |
| 2009-07-03 | -102.15% |
| 2009-04-03 | -80.34% |
| 2008-12-31 | -61.35% |
| 2008-09-26 | 1.66% |
| 2008-06-27 | 5.27% |
| 2008-03-28 | 8.77% |
| 2007-12-31 | 11.19% |
| 2007-09-28 | 12.65% |
| 2007-06-29 | 14.50% |
| 2007-03-30 | 14.04% |
| 2006-12-31 | 12.37% |
| 2006-09-30 | 9.79% |
| 2006-06-30 | 5.09% |
| 2006-03-31 | 4.53% |
| 2005-12-31 | 3.27% |
| 2005-09-30 | 5.90% |
| 2005-06-30 | 10.22% |
| 2005-03-31 | 15.12% |
| 2004-12-31 | 16.61% |
| 2004-09-30 | 14.90% |
| 2004-06-30 | 12.04% |
| 2004-03-31 | 3.71% |
| 2003-12-31 | 2.54% |