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 12.13% is 14% below its 5-year average of 14.06%, near the low end of its 5-year range (12.13%–15.77%).
As of the fiscal period ended Wednesday, December 31, 2025. 3.96% below its 12-month average of 12.63%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
12.13%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
12.63%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
14.04%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
14.06%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
14.12%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
11.91%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
11.43%
CURRENT VS TTM AVG
-3.96%
CURRENT VS 3Y AVG
-13.62%
CURRENT VS 5Y AVG
-13.72%
CURRENT VS 10Y AVG
-14.07%
CURRENT VS 15Y AVG
+1.85%
CURRENT VS 20Y AVG
+6.14%
SECTOR MEDIAN · TECHNOLOGY
8.38%
median of 168 covered companies
CURRENT VS SECTOR MEDIAN
+44.84%
vs the sector median at left
CDW Corporation
Market Cap
$17.72B
Return on Invested Capital (ROIC)
12.13%
TTM Avg
12.63%
3Y Avg
14.04%
5Y Avg
14.06%
Market Cap
$17.71B
Return on Invested Capital (ROIC)
15.00%
TTM Avg
14.43%
3Y Avg
10.72%
5Y Avg
9.83%
Market Cap
$17.96B
Return on Invested Capital (ROIC)
8.81%
TTM Avg
9.24%
3Y Avg
8.49%
5Y Avg
11.27%
Market Cap
$18.02B
Return on Invested Capital (ROIC)
4.35%
TTM Avg
4.54%
3Y Avg
5.48%
5Y Avg
6.62%
Market Cap
$17.19B
Return on Invested Capital (ROIC)
10.61%
TTM Avg
10.61%
3Y Avg
8.91%
5Y Avg
10.43%
Market Cap
$18.45B
Return on Invested Capital (ROIC)
7.44%
TTM Avg
7.04%
3Y Avg
6.69%
5Y Avg
6.01%
Market Cap
$16.95B
Return on Invested Capital (ROIC)
14.43%
TTM Avg
11.70%
3Y Avg
9.92%
5Y Avg
9.55%
Market Cap
$16.89B
Return on Invested Capital (ROIC)
5.18%
TTM Avg
5.18%
3Y Avg
6.65%
5Y Avg
8.57%
Market Cap
$19.40B
Return on Invested Capital (ROIC)
13.36%
TTM Avg
13.21%
3Y Avg
12.18%
5Y Avg
10.89%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| CDW Corporation (CDW) | $17.72B | 12.13% | 12.63% | 14.04% | 14.06% |
| Leidos Holdings, Inc. (LDOS)vs › | $17.71B | 15.00% | 14.43% | 10.72% | 9.83% |
| Zebra Technologies Corporation (ZBRA)vs › | $17.96B | 8.81% | 9.24% | 8.49% | 11.27% |
| Akamai Technologies, Inc. (AKAM)vs › | $18.02B | 4.35% | 4.54% | 5.48% | 6.62% |
| Gen Digital Inc. (GEN)vs › | $17.19B | 10.61% | 10.61% | 8.91% | 10.43% |
| Fortive Corporation (FTV)vs › | $18.45B | 7.44% | 7.04% | 6.69% | 6.01% |
| PTC Inc. (PTC)vs › | $16.95B | 14.43% | 11.70% | 9.92% | 9.55% |
| Onto Innovation Inc. (ONTO)vs › | $16.89B | 5.18% | 5.18% | 6.65% | 8.57% |
| Broadridge Financial Solutions, Inc. (BR)vs › | $19.40B | 13.36% | 13.21% | 12.18% | 10.89% |
| Unity Software Inc. (U)vs › | $19.52B | -7.17% | -9.97% | -11.50% | -11.84% |
ROIC
12.1%
ROE
44.2%
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 | 12.13% |
| 2024-12-31 | 13.13% |
| 2023-12-31 | 15.14% |
| 2022-12-31 | 15.77% |
| 2021-12-31 | 12.69% |
| 2020-12-31 | 15.49% |
| 2019-12-31 | 17.87% |
| 2018-12-31 | 17.21% |
| 2017-12-31 | 15.35% |
| 2016-12-31 | 11.05% |
| 2015-12-31 | 9.44% |
| 2014-12-31 | 9.20% |
| 2013-12-31 | 7.56% |
| 2012-12-31 | 7.11% |
| 2011-12-31 | 5.91% |
| 2010-12-31 | 5.51% |
| 2009-12-31 | -0.48% |
| 2008-12-31 | 0.00% |
| 2006-12-31 | 17.90% |
| 2005-12-31 | 20.58% |
| 2004-12-31 | 18.97% |
| 2003-12-31 | 16.19% |
| 2002-12-31 | 19.52% |
| 2001-12-31 | 20.75% |
| 2000-12-31 | 24.64% |
| 1999-12-31 | 24.39% |
| 1998-12-31 | 23.34% |
| 1997-12-31 | 24.31% |
| 1996-12-31 | 22.89% |
| 1995-12-31 | 17.72% |
