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 4.78% is 145% above its 5-year average of 1.95%, near the high end of its 5-year range (-2.62%–7.53%).
As of the fiscal period ended Tuesday, June 30, 2026. 28.81% below its 12-month average of 6.72%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 4.78%.
RETURN ON INVESTED CAPITAL (ROIC)
4.78%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
6.72%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
3.27%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
1.95%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
0.06%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
-28.81%
CURRENT VS 3Y AVG
+46.20%
CURRENT VS 5Y AVG
+145.42%
CURRENT VS 10Y AVG
+8160.21%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
8.17%
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
-41.47%
vs the sector median at left
Block, Inc.
Market Cap
$46.61B
Return on Invested Capital (ROIC)
4.78%
TTM Avg
6.72%
3Y Avg
3.27%
5Y Avg
1.95%
Market Cap
$47.33B
Return on Invested Capital (ROIC)
11.56%
TTM Avg
4.13%
3Y Avg
4.91%
5Y Avg
6.51%
Market Cap
$47.82B
Return on Invested Capital (ROIC)
21.19%
TTM Avg
18.64%
3Y Avg
17.32%
5Y Avg
15.98%
Market Cap
$44.15B
Return on Invested Capital (ROIC)
-0.36%
TTM Avg
1.00%
3Y Avg
0.55%
5Y Avg
0.55%
Market Cap
$49.77B
Return on Invested Capital (ROIC)
-2.24%
TTM Avg
-9.09%
3Y Avg
-6.87%
5Y Avg
-4.75%
Market Cap
$49.86B
Return on Invested Capital (ROIC)
0.22%
TTM Avg
-2.17%
3Y Avg
-6.29%
5Y Avg
-2.37%
Market Cap
$43.31B
Return on Invested Capital (ROIC)
10.40%
TTM Avg
9.27%
3Y Avg
9.56%
5Y Avg
11.34%
Market Cap
$43.29B
Return on Invested Capital (ROIC)
15.47%
TTM Avg
0.21%
3Y Avg
-13.24%
5Y Avg
-13.24%
Market Cap
$49.94B
Return on Invested Capital (ROIC)
11.40%
TTM Avg
4.37%
3Y Avg
1.96%
5Y Avg
0.29%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Block, Inc. (XYZ) | $46.61B | 4.78% | 6.72% | 3.27% | 1.95% |
| Ciena Corporation (CIEN)vs › | $47.33B | 11.56% | 4.13% | 4.91% | 6.51% |
| Autodesk, Inc. (ADSK)vs › | $47.82B | 21.19% | 18.64% | 17.32% | 15.98% |
| CoreWeave, Inc. Class A Common Stock (CRWV)vs › | $44.15B | -0.36% | 1.00% | 0.55% | 0.55% |
| Nebius Group N.V. (NBIS)vs › | $49.77B | -2.24% | -9.09% | -6.87% | -4.75% |
| Atlassian Corporation (TEAM)vs › | $49.86B | 0.22% | -2.17% | -6.29% | -2.37% |
| Veeva Systems Inc. (VEEV)vs › | $43.31B | 10.40% | 9.27% | 9.56% | 11.34% |
| Astera Labs, Inc. Common Stock (ALAB)vs › | $43.29B | 15.47% | 0.21% | -13.24% | -13.24% |
| Workday, Inc. (WDAY)vs › | $49.94B | 11.40% | 4.37% | 1.96% | 0.29% |
| Strategy Inc (MSTR)vs › | $42.87B | -0.07% | -3.67% | -17.72% | -16.03% |
ROIC
4.8%
ROE
1.6%
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) |
|---|---|
| 2026-06-30 | 4.78% |
| 2026-03-31 | 7.25% |
| 2025-12-31 | 7.53% |
| 2025-09-30 | 7.49% |
| 2025-06-30 | 6.52% |
| 2025-03-31 | 5.00% |
| 2024-12-31 | 3.87% |
| 2024-09-30 | 2.53% |
| 2024-06-30 | 1.33% |
| 2024-03-31 | -0.08% |
| 2023-12-31 | -1.12% |
| 2023-09-30 | -1.21% |
| 2023-06-30 | -1.38% |
| 2023-03-31 | -1.73% |
| 2022-12-31 | -2.62% |
| 2022-09-30 | -2.44% |
| 2022-06-30 | -2.10% |
| 2022-03-31 | -0.57% |
| 2021-12-31 | 1.79% |
| 2021-09-30 | 2.87% |
| 2021-06-30 | 3.19% |
| 2021-03-31 | 2.10% |
| 2020-12-31 | -0.30% |
| 2020-09-30 | -0.98% |
| 2020-06-30 | -1.37% |
| 2020-03-31 | -1.03% |
| 2019-12-31 | 0.92% |
| 2019-09-30 | 0.26% |
| 2019-06-30 | -1.57% |
| 2019-03-31 | -1.70% |
| 2018-12-31 | -1.62% |
| 2018-09-30 | -2.08% |
| 2018-06-30 | -2.30% |
| 2018-03-31 | -4.90% |
| 2017-12-31 | -4.46% |
| 2017-09-30 | -4.78% |
| 2017-06-30 | -6.47% |
| 2017-03-31 | -8.43% |
| 2016-12-31 | -26.89% |
| 2016-09-30 | -36.08% |
| 2016-06-30 | -43.03% |
| 2016-03-31 | -45.49% |
| 2015-12-31 | -31.12% |
| 2015-09-30 | -56.23% |
| 2015-06-30 | -42.59% |
| 2015-03-31 | -44.13% |
| 2014-12-31 | -42.90% |
