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 35.54% is 26% above its 5-year average of 28.29%, near the high end of its 5-year range (16.94%–35.54%).
As of the fiscal period ended Wednesday, December 31, 2025. 17.55% above its 12-month average of 30.23%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
35.54%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
30.23%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
30.45%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
28.29%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
21.69%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
21.25%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
20.23%
CURRENT VS TTM AVG
+17.55%
CURRENT VS 3Y AVG
+16.72%
CURRENT VS 5Y AVG
+25.61%
CURRENT VS 10Y AVG
+63.87%
CURRENT VS 15Y AVG
+67.23%
CURRENT VS 20Y AVG
+75.69%
SECTOR MEDIAN · TECHNOLOGY
8.02%
median of 175 covered companies
CURRENT VS SECTOR MEDIAN
+343.14%
vs the sector median at left
ASML Holding N.V.
Market Cap
$653.60B
Return on Invested Capital (ROIC)
35.54%
TTM Avg
30.23%
3Y Avg
30.45%
5Y Avg
28.29%
Market Cap
$792.17B
Return on Invested Capital (ROIC)
5.40%
TTM Avg
3.95%
3Y Avg
2.65%
5Y Avg
9.51%
Market Cap
$506.87B
Return on Invested Capital (ROIC)
0.00%
TTM Avg
-3.55%
3Y Avg
-1.38%
5Y Avg
1.34%
Market Cap
$478.25B
Return on Invested Capital (ROIC)
11.66%
TTM Avg
11.23%
3Y Avg
13.98%
5Y Avg
13.96%
Market Cap
$430.08B
Return on Invested Capital (ROIC)
21.96%
TTM Avg
23.89%
3Y Avg
27.74%
5Y Avg
28.32%
Market Cap
$415.59B
Return on Invested Capital (ROIC)
7.99%
TTM Avg
9.43%
3Y Avg
10.18%
5Y Avg
10.70%
Market Cap
$391.07B
Return on Invested Capital (ROIC)
40.98%
TTM Avg
37.49%
3Y Avg
33.36%
5Y Avg
33.82%
Market Cap
$367.74B
Return on Invested Capital (ROIC)
17.95%
TTM Avg
11.73%
3Y Avg
5.20%
5Y Avg
-8.29%
Market Cap
$312.56B
Return on Invested Capital (ROIC)
15.00%
TTM Avg
14.86%
3Y Avg
12.60%
5Y Avg
11.91%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| ASML Holding N.V. (ASML) | $653.60B | 35.54% | 30.23% | 30.45% | 28.29% |
| Advanced Micro Devices, Inc. (AMD)vs › | $792.17B | 5.40% | 3.95% | 2.65% | 9.51% |
| Intel Corp. (INTC)vs › | $506.87B | 0.00% | -3.55% | -1.38% | 1.34% |
| Cisco Systems, Inc. (CSCO)vs › | $478.25B | 11.66% | 11.23% | 13.98% | 13.96% |
| Applied Materials, Inc. (AMAT)vs › | $430.08B | 21.96% | 23.89% | 27.74% | 28.32% |
| Oracle Corporation (ORCL)vs › | $415.59B | 7.99% | 9.43% | 10.18% | 10.70% |
| Lam Research Corporation (LRCX)vs › | $391.07B | 40.98% | 37.49% | 33.36% | 33.82% |
| Palantir Technologies Inc. (PLTR)vs › | $367.74B | 17.95% | 11.73% | 5.20% | -8.29% |
| Dell Technologies Inc. (DELL)vs › | $312.56B | 15.00% | 14.86% | 12.60% | 11.91% |
| Arm Holdings plc American Depositary Shares (ARM)vs › | $297.18B | 7.29% | 8.79% | 7.17% | 6.67% |
ROIC
35.5%
ROE
49.5%
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 | 35.54% |
| 2024-12-31 | 24.93% |
| 2023-12-31 | 32.08% |
| 2022-12-31 | 29.25% |
| 2021-12-31 | 31.02% |
| 2020-12-31 | 16.94% |
| 2019-12-31 | 14.61% |
| 2018-12-31 | 15.92% |
| 2017-12-31 | 13.74% |
| 2016-12-31 | 10.73% |
| 2015-12-31 | 13.80% |
| 2014-12-31 | 13.83% |
| 2013-12-31 | 11.58% |
| 2012-12-31 | 21.62% |
| 2011-12-31 | 29.17% |
| 2010-12-31 | 25.27% |
| 2009-12-31 | -5.27% |
| 2008-12-31 | 10.19% |
| 2007-12-31 | 21.07% |
| 2006-12-31 | 21.90% |
| 2005-12-31 | 11.39% |
| 2004-12-31 | 10.08% |
| 2003-12-31 | -4.80% |
| 2002-12-31 | -2.48% |
| 2001-12-31 | -16.93% |
| 2000-12-31 | 17.95% |
| 1999-12-31 | 4.16% |
| 1998-12-31 | 7.89% |
| 1997-12-31 | 31.45% |
| 1996-12-31 | 32.60% |
