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 24.31% is in line with its 5-year average of 23.93%, around the middle of its 5-year range (15.11%–33.09%).
As of the fiscal period ended Tuesday, June 30, 2026. 32.55% above its 12-month average of 18.34%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 24.31%.
RETURN ON INVESTED CAPITAL (ROIC)
24.31%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
18.34%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
20.58%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
23.93%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
21.78%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
18.40%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
17.00%
CURRENT VS TTM AVG
+32.55%
CURRENT VS 3Y AVG
+18.14%
CURRENT VS 5Y AVG
+1.58%
CURRENT VS 10Y AVG
+11.59%
CURRENT VS 15Y AVG
+32.10%
CURRENT VS 20Y AVG
+42.98%
SECTOR MEDIAN · TECHNOLOGY
8.17%
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
+197.53%
vs the sector median at left
BE Semiconductor Industries N.V.
Market Cap
$17.02B
Return on Invested Capital (ROIC)
24.31%
TTM Avg
18.34%
3Y Avg
20.58%
5Y Avg
23.93%
Market Cap
$16.98B
Return on Invested Capital (ROIC)
-15.57%
TTM Avg
-29.55%
3Y Avg
-26.12%
5Y Avg
-22.91%
Market Cap
$16.94B
Return on Invested Capital (ROIC)
6.83%
TTM Avg
7.05%
3Y Avg
6.70%
5Y Avg
6.02%
Market Cap
$16.89B
Return on Invested Capital (ROIC)
5.60%
TTM Avg
5.80%
3Y Avg
5.73%
5Y Avg
5.34%
Market Cap
$17.30B
Return on Invested Capital (ROIC)
12.55%
TTM Avg
12.63%
3Y Avg
14.04%
5Y Avg
14.06%
Market Cap
$16.57B
Return on Invested Capital (ROIC)
3.03%
TTM Avg
4.61%
3Y Avg
5.60%
5Y Avg
6.80%
Market Cap
$17.62B
Return on Invested Capital (ROIC)
8.17%
TTM Avg
6.63%
3Y Avg
-0.22%
5Y Avg
3.98%
Market Cap
$17.63B
Return on Invested Capital (ROIC)
10.35%
TTM Avg
9.27%
3Y Avg
8.53%
5Y Avg
11.34%
Market Cap
$17.75B
Return on Invested Capital (ROIC)
20.94%
TTM Avg
7.34%
3Y Avg
-9.33%
5Y Avg
-14.66%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| BE Semiconductor Industries N.V. (BESIY) | $17.02B | 24.31% | 18.34% | 20.58% | 23.93% |
| IonQ, Inc. (IONQ)vs › | $16.98B | -15.57% | -29.55% | -26.12% | -22.91% |
| Fortive Corporation (FTV)vs › | $16.94B | 6.83% | 7.05% | 6.70% | 6.02% |
| Dynatrace, Inc. (DT)vs › | $16.89B | 5.60% | 5.80% | 5.73% | 5.34% |
| CDW Corporation (CDW)vs › | $17.30B | 12.55% | 12.63% | 14.04% | 14.06% |
| Akamai Technologies, Inc. (AKAM)vs › | $16.57B | 3.03% | 4.61% | 5.60% | 6.80% |
| MKS Inc. (MKSI)vs › | $17.62B | 8.17% | 6.63% | -0.22% | 3.98% |
| Zebra Technologies Corporation (ZBRA)vs › | $17.63B | 10.35% | 9.27% | 8.53% | 11.34% |
| Toast, Inc. (TOST)vs › | $17.75B | 20.94% | 7.34% | -9.33% | -14.66% |
| PTC Inc. (PTC)vs › | $15.95B | 17.18% | 11.75% | 9.97% | 9.61% |
ROIC
24.3%
ROE
36.9%
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 | 24.31% |
| 2026-03-31 | 17.23% |
| 2025-12-31 | 15.11% |
| 2025-09-30 | 16.73% |
| 2025-06-30 | 18.32% |
| 2025-03-31 | 17.30% |
| 2024-12-31 | 18.25% |
| 2024-09-30 | 17.27% |
| 2024-06-30 | 26.19% |
| 2024-03-31 | 23.14% |
| 2023-12-31 | 23.50% |
| 2023-09-30 | 24.15% |
| 2023-06-30 | 25.99% |
| 2023-03-31 | 22.32% |
| 2022-12-31 | 25.41% |
| 2022-09-30 | 30.35% |
| 2022-06-30 | 32.94% |
| 2022-03-31 | 33.09% |
| 2021-12-31 | 31.57% |
| 2021-09-30 | 31.61% |
| 2021-06-30 | 27.74% |
| 2021-03-31 | 20.14% |
| 2020-12-31 | 17.00% |
| 2020-09-30 | 16.69% |
| 2020-06-30 | 19.78% |
| 2020-03-31 | 15.39% |
| 2019-12-31 | 14.97% |
| 2019-09-30 | 14.82% |
| 2019-06-30 | 16.63% |
| 2019-03-31 | 18.54% |
| 2018-12-31 | 23.15% |
| 2018-09-30 | 26.02% |
| 2018-06-30 | 30.07% |
| 2018-03-31 | 24.20% |
| 2017-12-31 | 23.67% |
| 2017-09-30 | 27.10% |
| 2017-06-30 | 22.32% |
| 2017-03-31 | 16.52% |
| 2016-12-31 | 13.87% |
| 2016-09-30 | 16.20% |
| 2016-06-30 | 13.49% |
| 2016-03-31 | 10.14% |
| 2015-12-31 | 13.39% |
| 2015-09-30 | 16.50% |
| 2015-06-30 | 21.75% |
| 2015-03-31 | 23.15% |
| 2014-12-31 | 20.95% |
| 2014-09-30 | 16.21% |
| 2014-06-30 | 11.35% |
| 2014-03-31 | 6.34% |
| 2013-12-31 | 5.13% |
| 2013-09-30 | 5.20% |
| 2013-06-30 | 5.42% |
| 2013-03-31 | 6.20% |
| 2012-12-31 | 5.36% |
| 2012-09-30 | 5.63% |
| 2012-06-30 | 5.99% |
| 2012-03-31 | 6.03% |
| 2011-12-31 | 9.80% |
| 2011-09-30 | 15.96% |
| 2011-06-30 | 18.88% |
| 2011-03-31 | 21.69% |
| 2010-12-31 | 17.99% |
| 2010-09-30 | 5.86% |
| 2010-06-30 | -1.86% |
| 2010-03-31 | 7.45% |
| 2009-12-31 | 3.94% |
| 2006-12-31 | 4.03% |
| 2006-09-30 | 4.43% |
| 2006-06-30 | 4.05% |
| 2006-03-31 | 0.88% |
| 2005-12-31 | -2.16% |
| 2005-09-30 | -6.97% |
| 2005-06-30 | -7.40% |
| 2005-03-31 | -4.72% |
| 2004-12-31 | -4.97% |
| 2004-09-30 | -4.19% |
| 2004-06-30 | -7.22% |
| 2004-03-31 | -8.69% |
| 2003-12-31 | -9.38% |
| 2003-09-30 | -7.59% |
| 2003-06-30 | -6.48% |
| 2003-03-31 | -7.24% |
| 2002-12-31 | -7.67% |
| 2002-09-30 | -10.21% |
| 2002-06-30 | -8.95% |
| 2002-03-31 | -8.11% |
| 2001-12-31 | -2.12% |
| 2001-09-30 | 3.34% |
| 2001-06-30 | 6.56% |
