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 5.53% is 122% above its 5-year average of -25.26%, near the high end of its 5-year range (-56.62%–5.53%).
As of the fiscal period ended Tuesday, June 30, 2026. 639.50% above its 12-month average of 0.75%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 5.53%.
RETURN ON INVESTED CAPITAL (ROIC)
5.53%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
0.75%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-18.86%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-25.26%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-30.94%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
+639.50%
CURRENT VS 3Y AVG
+129.31%
CURRENT VS 5Y AVG
+121.88%
CURRENT VS 10Y AVG
+117.87%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
2.21%
median of 537 covered companies
CURRENT VS SECTOR MEDIAN
+150.12%
vs the sector median at left
Appian Corporation
Market Cap
$2.83B
Return on Invested Capital (ROIC)
5.53%
TTM Avg
0.75%
3Y Avg
-18.86%
5Y Avg
-25.26%
Market Cap
$2.81B
Return on Invested Capital (ROIC)
6.93%
TTM Avg
12.25%
3Y Avg
9.23%
5Y Avg
7.87%
Market Cap
$2.81B
Return on Invested Capital (ROIC)
9.74%
TTM Avg
7.68%
3Y Avg
7.16%
5Y Avg
2.80%
Market Cap
$2.81B
Return on Invested Capital (ROIC)
6.57%
TTM Avg
6.06%
3Y Avg
5.89%
5Y Avg
4.64%
Market Cap
$2.79B
Return on Invested Capital (ROIC)
12.30%
TTM Avg
17.50%
3Y Avg
13.20%
5Y Avg
11.42%
Market Cap
$2.88B
Return on Invested Capital (ROIC)
-11.53%
TTM Avg
-8.28%
3Y Avg
-10.25%
5Y Avg
-12.73%
Market Cap
$2.76B
Return on Invested Capital (ROIC)
6.99%
TTM Avg
5.12%
3Y Avg
4.72%
5Y Avg
5.48%
Market Cap
$2.75B
Return on Invested Capital (ROIC)
16.81%
TTM Avg
13.81%
3Y Avg
13.27%
5Y Avg
10.34%
Market Cap
$2.98B
Return on Invested Capital (ROIC)
5.98%
TTM Avg
-7.89%
3Y Avg
-4.93%
5Y Avg
-2.84%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Appian Corporation (APPN) | $2.83B | 5.53% | 0.75% | -18.86% | -25.26% |
| Cellebrite DI Ltd. (CLBT)vs › | $2.81B | 6.93% | 12.25% | 9.23% | 7.87% |
| Agilysys, Inc. (AGYS)vs › | $2.81B | 9.74% | 7.68% | 7.16% | 2.80% |
| Digi International Inc. (DGII)vs › | $2.81B | 6.57% | 6.06% | 5.89% | 4.64% |
| Teradata Corporation (TDC)vs › | $2.79B | 12.30% | 17.50% | 13.20% | 11.42% |
| Intapp, Inc. (INTA)vs › | $2.88B | -11.53% | -8.28% | -10.25% | -12.73% |
| Alarm.com Holdings, Inc. (ALRM)vs › | $2.76B | 6.99% | 5.12% | 4.72% | 5.48% |
| Adeia Inc. (ADEA)vs › | $2.75B | 16.81% | 13.81% | 13.27% | 10.34% |
| NetScout Systems, Inc. (NTCT)vs › | $2.98B | 5.98% | -7.89% | -4.93% | -2.84% |
| Ambarella, Inc. (AMBA)vs › | $3.00B | -9.32% | -17.80% | -18.59% | -15.30% |
ROIC
5.5%
ROE
N/A
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 | 5.53% |
| 2026-03-31 | 1.10% |
| 2025-12-31 | 0.13% |
| 2025-09-30 | 2.49% |
| 2025-06-30 | -5.51% |
| 2025-03-31 | -15.49% |
| 2024-12-31 | -22.06% |
| 2024-09-30 | -31.69% |
| 2024-06-30 | -33.71% |
| 2024-03-31 | -29.90% |
| 2023-12-31 | -33.46% |
| 2023-09-30 | -38.84% |
| 2023-06-30 | -43.74% |
| 2023-03-31 | -40.47% |
| 2022-12-31 | -44.39% |
| 2022-09-30 | -56.62% |
| 2022-06-30 | -44.87% |
| 2022-03-31 | -32.86% |
| 2021-12-31 | -29.05% |
| 2021-09-30 | -21.41% |
| 2021-06-30 | -15.64% |
| 2021-03-31 | -11.25% |
| 2020-12-31 | -10.63% |
| 2020-09-30 | -11.48% |
| 2020-06-30 | -12.53% |
| 2020-03-31 | -16.48% |
| 2019-12-31 | -19.32% |
| 2019-09-30 | -26.41% |
| 2019-06-30 | -57.77% |
| 2019-03-31 | -54.65% |
| 2018-12-31 | -44.59% |
| 2018-09-30 | -41.98% |
| 2018-06-30 | -68.37% |
| 2018-03-31 | -67.72% |
| 2017-12-31 | -48.24% |
| 2017-09-30 | -40.36% |
| 2017-06-30 | -36.16% |
| 2017-03-31 | -73.53% |
| 2016-12-31 | -34.63% |
