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 16.90% is 166% above its 5-year average of 6.35%, near the high end of its 5-year range (-4.10%–16.90%).
As of the fiscal period ended Friday, July 31, 2026. 47.83% above its 12-month average of 11.43%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2027 (2026-07-31): 16.90%.
RETURN ON INVESTED CAPITAL (ROIC)
16.90%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
11.43%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
9.65%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
6.35%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-24.49%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
+47.83%
CURRENT VS 3Y AVG
+75.17%
CURRENT VS 5Y AVG
+166.04%
CURRENT VS 10Y AVG
+169.02%
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
+106.86%
vs the sector median at left
Box, Inc.
Market Cap
$4.64B
Return on Invested Capital (ROIC)
16.90%
TTM Avg
11.43%
3Y Avg
9.65%
5Y Avg
6.35%
Market Cap
$4.71B
Return on Invested Capital (ROIC)
-1.54%
TTM Avg
-6.53%
3Y Avg
-14.42%
5Y Avg
-15.62%
Market Cap
$4.93B
Return on Invested Capital (ROIC)
10.22%
TTM Avg
-0.19%
3Y Avg
-2.19%
5Y Avg
10.91%
Market Cap
$4.32B
Return on Invested Capital (ROIC)
42.50%
TTM Avg
27.09%
3Y Avg
-2.17%
5Y Avg
-2.38%
Market Cap
$4.24B
Return on Invested Capital (ROIC)
0.32%
TTM Avg
-0.40%
3Y Avg
-2.28%
5Y Avg
-2.93%
Market Cap
$4.22B
Return on Invested Capital (ROIC)
33.31%
TTM Avg
25.16%
3Y Avg
8.55%
5Y Avg
-1.46%
Market Cap
$5.14B
Return on Invested Capital (ROIC)
-5.89%
TTM Avg
-7.82%
3Y Avg
-83.52%
5Y Avg
-55.34%
Market Cap
$4.04B
Return on Invested Capital (ROIC)
31.82%
TTM Avg
24.75%
3Y Avg
27.68%
5Y Avg
33.05%
Market Cap
$4.03B
Return on Invested Capital (ROIC)
6.58%
TTM Avg
12.52%
3Y Avg
18.35%
5Y Avg
16.71%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Box, Inc. (BOX) | $4.64B | 16.90% | 11.43% | 9.65% | 6.35% |
| Klaviyo, Inc. (KVYO)vs › | $4.71B | -1.54% | -6.53% | -14.42% | -15.62% |
| Kulicke and Soffa Industries, Inc. (KLIC)vs › | $4.93B | 10.22% | -0.19% | -2.19% | 10.91% |
| Dave Inc. (DAVE)vs › | $4.32B | 42.50% | 27.09% | -2.17% | -2.38% |
| Bill.com Holdings, Inc. (BILL)vs › | $4.24B | 0.32% | -0.40% | -2.28% | -2.93% |
| Clear Secure, Inc. (YOU)vs › | $4.22B | 33.31% | 25.16% | 8.55% | -1.46% |
| Core Scientific, Inc. (CORZ)vs › | $5.14B | -5.89% | -7.82% | -83.52% | -55.34% |
| Dlocal Limited (DLO)vs › | $4.04B | 31.82% | 24.75% | 27.68% | 33.05% |
| Axcelis Technologies, Inc. (ACLS)vs › | $4.03B | 6.58% | 12.52% | 18.35% | 16.71% |
| AXT, Inc. (AXTI)vs › | $3.93B | 0.23% | -5.08% | -3.35% | -1.38% |
ROIC
16.9%
ROE
79.7%
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) |
|---|---|
| 2026-07-31 | 16.90% |
| 2026-04-30 | 14.80% |
| 2026-01-31 | 11.19% |
| 2025-10-31 | 7.27% |
| 2025-07-31 | 6.99% |
| 2025-04-30 | 7.02% |
| 2025-01-31 | 8.39% |
| 2024-10-31 | 10.80% |
| 2024-07-31 | 12.66% |
| 2024-04-30 | 10.34% |
| 2024-01-31 | 9.03% |
| 2023-10-31 | 8.24% |
| 2023-07-31 | 9.04% |
| 2023-04-30 | 7.48% |
| 2023-01-31 | 5.84% |
| 2022-10-31 | 1.74% |
| 2022-07-31 | -1.68% |
| 2022-04-30 | -3.00% |
| 2022-01-31 | -4.10% |
| 2021-10-31 | -3.40% |
| 2021-07-31 | -2.15% |
| 2021-04-30 | -3.12% |
| 2021-01-31 | -5.09% |
| 2020-10-31 | -14.14% |
| 2020-07-31 | -22.33% |
| 2020-04-30 | -29.32% |
| 2020-01-31 | -36.46% |
| 2019-10-31 | -35.22% |
| 2019-07-31 | -35.96% |
| 2019-04-30 | -35.11% |
| 2019-01-31 | -71.80% |
| 2018-10-31 | -85.87% |
| 2018-07-31 | -84.12% |
| 2018-04-30 | -79.85% |
| 2018-01-31 | -96.50% |
| 2017-10-31 | -92.98% |
| 2017-07-31 | -86.69% |
| 2017-04-30 | -80.74% |
| 2017-01-31 | -76.97% |
| 2016-10-31 | -80.62% |
| 2016-07-31 | -84.45% |
| 2016-04-30 | -82.65% |
| 2016-01-31 | -81.37% |
| 2015-10-31 | -73.56% |
| 2015-07-31 | -64.36% |
| 2015-04-30 | -55.55% |
| 2015-01-31 | -51.03% |
| 2014-10-31 | -91.49% |
