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 7.81% is 32% below its 5-year average of 11.42%, near the low end of its 5-year range (7.81%–19.27%).
As of the fiscal period ended Tuesday, June 30, 2026. 26.35% below its 12-month average of 10.60%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 7.81%.
RETURN ON INVESTED CAPITAL (ROIC)
7.81%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
10.60%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
10.73%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
11.42%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
12.49%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
8.95%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
5.64%
CURRENT VS TTM AVG
-26.35%
CURRENT VS 3Y AVG
-27.26%
CURRENT VS 5Y AVG
-31.65%
CURRENT VS 10Y AVG
-37.50%
CURRENT VS 15Y AVG
-12.71%
CURRENT VS 20Y AVG
+38.41%
SECTOR MEDIAN · TECHNOLOGY
8.17%
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
-4.42%
vs the sector median at left
Camtek Ltd.
Market Cap
$6.90B
Return on Invested Capital (ROIC)
7.81%
TTM Avg
10.60%
3Y Avg
10.73%
5Y Avg
11.42%
Market Cap
$6.89B
Return on Invested Capital (ROIC)
-9.29%
TTM Avg
-7.54%
3Y Avg
-7.19%
5Y Avg
-9.83%
Market Cap
$6.83B
Return on Invested Capital (ROIC)
10.63%
TTM Avg
9.91%
3Y Avg
9.71%
5Y Avg
9.84%
Market Cap
$6.69B
Return on Invested Capital (ROIC)
10.85%
TTM Avg
8.02%
3Y Avg
0.73%
5Y Avg
-3.59%
Market Cap
$6.65B
Return on Invested Capital (ROIC)
-17.52%
TTM Avg
-18.38%
3Y Avg
-20.29%
5Y Avg
-20.97%
Market Cap
$7.31B
Return on Invested Capital (ROIC)
7.40%
TTM Avg
-2.59%
3Y Avg
-7.26%
5Y Avg
-12.59%
Market Cap
$7.45B
Return on Invested Capital (ROIC)
26.85%
TTM Avg
22.73%
3Y Avg
5.80%
5Y Avg
3.92%
Market Cap
$7.55B
Return on Invested Capital (ROIC)
2.53%
TTM Avg
-2.96%
3Y Avg
-30.48%
5Y Avg
-34.20%
Market Cap
$7.59B
Return on Invested Capital (ROIC)
18.36%
TTM Avg
16.70%
3Y Avg
16.39%
5Y Avg
14.74%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Camtek Ltd. (CAMT) | $6.90B | 7.81% | 10.60% | 10.73% | 11.42% |
| Cipher Mining Inc. (CIFR)vs › | $6.89B | -9.29% | -7.54% | -7.19% | -9.83% |
| Plexus Corp. (PLXS)vs › | $6.83B | 10.63% | 9.91% | 9.71% | 9.84% |
| Duolingo, Inc. (DUOL)vs › | $6.69B | 10.85% | 8.02% | 0.73% | -3.59% |
| SentinelOne, Inc. (S)vs › | $6.65B | -17.52% | -18.38% | -20.29% | -20.97% |
| UiPath Inc. (PATH)vs › | $7.31B | 7.40% | -2.59% | -7.26% | -12.59% |
| AppFolio Inc. (APPF)vs › | $7.45B | 26.85% | 22.73% | 5.80% | 3.92% |
| Zeta Global Holdings Corp. (ZETA)vs › | $7.55B | 2.53% | -2.96% | -30.48% | -34.20% |
| Paylocity Holding Corporation (PCTY)vs › | $7.59B | 18.36% | 16.70% | 16.39% | 14.74% |
| Applied Digital Corp. (APLD)vs › | $7.61B | -2.21% | -4.08% | -10.55% | -11.25% |
ROIC
7.8%
ROE
5.3%
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 | 7.81% |
| 2026-03-31 | 10.03% |
| 2025-12-31 | 10.78% |
| 2025-09-30 | 11.00% |
| 2025-06-30 | 13.39% |
| 2025-03-31 | 13.32% |
| 2024-12-31 | 12.71% |
| 2024-09-30 | 11.77% |
| 2024-06-30 | 10.99% |
| 2024-03-31 | 9.97% |
| 2023-12-31 | 8.49% |
| 2023-09-30 | 9.32% |
| 2023-06-30 | 9.98% |
| 2023-03-31 | 11.29% |
| 2022-12-31 | 12.50% |
| 2022-09-30 | 12.18% |
| 2022-06-30 | 12.56% |
| 2022-03-31 | 12.47% |
| 2021-12-31 | 11.96% |
| 2021-09-30 | 19.27% |
| 2021-06-30 | 15.96% |
| 2021-03-31 | 12.89% |
| 2020-12-31 | 9.05% |
| 2020-09-30 | 11.16% |
| 2020-06-30 | 10.50% |
| 2020-03-31 | 11.62% |
| 2019-12-31 | 14.48% |
| 2019-09-30 | 16.13% |
| 2019-06-30 | 16.71% |
| 2019-03-31 | 18.82% |
| 2018-12-31 | 17.67% |
| 2018-09-30 | 16.51% |
| 2018-06-30 | 15.12% |
| 2018-03-31 | -1.03% |
| 2017-12-31 | -0.71% |
| 2017-09-30 | -1.62% |
| 2017-06-30 | -3.55% |
| 2017-03-31 | 11.41% |
| 2016-12-31 | 7.50% |
| 2016-09-30 | -14.35% |
| 2016-06-30 | -13.51% |
| 2016-03-31 | -14.63% |
| 2015-12-31 | -13.64% |
| 2015-09-30 | 3.61% |
| 2015-06-30 | 2.92% |
| 2015-03-31 | 5.82% |
| 2014-12-31 | 6.19% |
| 2014-09-30 | 6.31% |
| 2014-06-30 | 5.76% |
| 2014-03-31 | 3.63% |
| 2013-12-31 | 1.66% |
| 2013-09-30 | -5.37% |
| 2013-06-30 | -1.88% |
| 2013-03-31 | 0.63% |
| 2012-12-31 | -0.07% |
| 2012-09-30 | 4.22% |
| 2012-06-30 | 5.14% |
| 2012-03-31 | 4.58% |
| 2011-12-31 | 10.38% |
| 2011-09-30 | 13.47% |
| 2011-06-30 | 12.51% |
| 2011-03-31 | 11.15% |
| 2010-12-31 | 6.22% |
| 2010-09-30 | -0.18% |
| 2010-06-30 | -4.21% |
| 2010-03-31 | -9.69% |
| 2009-12-31 | -16.95% |
| 2009-09-30 | -21.12% |
| 2009-06-30 | -26.35% |
| 2009-03-31 | -24.45% |
| 2008-12-31 | -14.43% |
| 2008-09-30 | -5.65% |
| 2008-06-30 | -0.02% |
| 2008-03-31 | -3.43% |
| 2007-12-31 | -9.21% |
| 2007-09-30 | -12.52% |
| 2007-06-30 | -7.03% |
| 2007-03-31 | 9.17% |
| 2006-12-31 | 18.98% |
| 2006-09-30 | 23.27% |
| 2006-06-30 | 27.61% |
| 2006-03-31 | 23.67% |
| 2005-12-31 | 14.77% |
| 2005-09-30 | 16.97% |
| 2005-06-30 | 11.57% |
| 2005-03-31 | 15.60% |
| 2004-12-31 | 21.29% |
| 2004-09-30 | 17.52% |
| 2004-06-30 | 11.43% |
| 2004-03-31 | 2.23% |
| 2003-12-31 | -3.80% |
| 2003-09-30 | -12.69% |
| 2003-06-30 | -20.86% |
