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 9.94% is 15% below its 5-year average of 11.66%, near the low end of its 5-year range (9.58%–18.43%).
As of the fiscal period ended Wednesday, December 31, 2025. 0.25% below its 12-month average of 9.96%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
9.94%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
9.96%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
10.13%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
11.66%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
16.45%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
15.78%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
14.80%
CURRENT VS TTM AVG
-0.25%
CURRENT VS 3Y AVG
-1.92%
CURRENT VS 5Y AVG
-14.74%
CURRENT VS 10Y AVG
-39.59%
CURRENT VS 15Y AVG
-37.02%
CURRENT VS 20Y AVG
-32.85%
SECTOR MEDIAN · HEALTHCARE
8.53%
median of 79 covered companies
CURRENT VS SECTOR MEDIAN
+16.53%
vs the sector median at left
Align Technology, Inc.
Market Cap
$11.96B
Return on Invested Capital (ROIC)
9.94%
TTM Avg
9.96%
3Y Avg
10.13%
5Y Avg
11.66%
Market Cap
$12.32B
Return on Invested Capital (ROIC)
2.82%
TTM Avg
2.97%
3Y Avg
3.42%
5Y Avg
5.50%
Market Cap
$11.57B
Return on Invested Capital (ROIC)
-1.79%
TTM Avg
-0.86%
3Y Avg
-2.61%
5Y Avg
0.30%
Market Cap
$11.31B
Return on Invested Capital (ROIC)
13.62%
TTM Avg
12.65%
3Y Avg
8.97%
5Y Avg
7.27%
Market Cap
$11.21B
Return on Invested Capital (ROIC)
3.18%
TTM Avg
5.25%
3Y Avg
8.14%
5Y Avg
8.29%
Market Cap
$10.91B
Return on Invested Capital (ROIC)
8.36%
TTM Avg
4.65%
3Y Avg
6.09%
5Y Avg
6.66%
Market Cap
$13.51B
Return on Invested Capital (ROIC)
17.76%
TTM Avg
12.30%
3Y Avg
11.68%
5Y Avg
9.70%
Market Cap
$10.37B
Return on Invested Capital (ROIC)
-24.28%
TTM Avg
-15.13%
3Y Avg
-6.38%
5Y Avg
-2.73%
Market Cap
$10.31B
Return on Invested Capital (ROIC)
7.64%
TTM Avg
12.01%
3Y Avg
15.07%
5Y Avg
15.28%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Align Technology, Inc. (ALGN) | $11.96B | 9.94% | 9.96% | 10.13% | 11.66% |
| Revvity, Inc. (RVTY)vs › | $12.32B | 2.82% | 2.97% | 3.42% | 5.50% |
| Baxter International Inc. (BAX)vs › | $11.57B | -1.79% | -0.86% | -2.61% | 0.30% |
| Insulet Corp. (PODD)vs › | $11.31B | 13.62% | 12.65% | 8.97% | 7.27% |
| Bio-Techne Corporation (TECH)vs › | $11.21B | 3.18% | 5.25% | 8.14% | 8.29% |
| Charles River Laboratories International, Inc. (CRL)vs › | $10.91B | 8.36% | 4.65% | 6.09% | 6.66% |
| Solventum Corporation (SOLV)vs › | $13.51B | 17.76% | 12.30% | 11.68% | 9.70% |
| Walgreens Boots Alliance, Inc. (WBA)vs › | $10.37B | -24.28% | -15.13% | -6.38% | -2.73% |
| Molina Healthcare, Inc. (MOH)vs › | $10.31B | 7.64% | 12.01% | 15.07% | 15.28% |
| The Cooper Companies, Inc. (COO)vs › | $13.71B | 3.98% | 4.09% | 3.90% | 4.29% |
ROIC
9.9%
ROE
10.4%
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 | 9.94% |
| 2024-12-31 | 9.99% |
| 2023-12-31 | 11.03% |
| 2022-12-31 | 9.58% |
| 2021-12-31 | 18.43% |
| 2020-12-31 | 10.98% |
| 2019-12-31 | 28.00% |
| 2018-12-31 | 29.97% |
| 2017-12-31 | 17.77% |
| 2016-12-31 | 18.85% |
| 2015-12-31 | 16.46% |
| 2014-12-31 | 18.86% |
| 2013-12-31 | 9.90% |
| 2012-12-31 | 9.92% |
| 2011-12-31 | 13.37% |
| 2010-12-31 | 19.48% |
| 2009-12-31 | -11.45% |
| 2008-12-31 | 7.09% |
| 2007-12-31 | 20.29% |
| 2006-12-31 | -39.40% |
| 2005-12-31 | 1.35% |
| 2004-12-31 | 10.01% |
| 2003-12-31 | -29.84% |
| 2002-12-31 | -95.01% |
| 2001-12-31 | -99.90% |
| 2000-12-31 | -169.28% |
| 1999-12-31 | 0.00% |
