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 17.90% is 32309% above its 5-year average of -0.06%, near the high end of its 5-year range (-15.76%–21.06%).
As of the fiscal period ended Saturday, August 1, 2026. 5.54% above its 12-month average of 16.96%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q1 FY2027 (2026-08-01): 17.90%.
RETURN ON INVESTED CAPITAL (ROIC)
17.90%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
16.96%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
4.20%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-0.06%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
+5.54%
CURRENT VS 3Y AVG
+325.86%
CURRENT VS 5Y AVG
+32308.56%
CURRENT VS 10Y AVG
N/A
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
+119.08%
vs the sector median at left
Credo Technology Group Holding Ltd
Market Cap
$35.93B
Return on Invested Capital (ROIC)
17.90%
TTM Avg
16.96%
3Y Avg
4.20%
5Y Avg
-0.06%
Market Cap
$35.72B
Return on Invested Capital (ROIC)
6.01%
TTM Avg
5.56%
3Y Avg
5.30%
5Y Avg
5.10%
Market Cap
$37.84B
Return on Invested Capital (ROIC)
-2.34%
TTM Avg
-6.30%
3Y Avg
-8.21%
5Y Avg
-1.47%
Market Cap
$33.59B
Return on Invested Capital (ROIC)
3.03%
TTM Avg
0.68%
3Y Avg
-4.04%
5Y Avg
-5.57%
Market Cap
$33.49B
Return on Invested Capital (ROIC)
61.23%
TTM Avg
67.38%
3Y Avg
55.51%
5Y Avg
65.21%
Market Cap
$33.42B
Return on Invested Capital (ROIC)
18.48%
TTM Avg
22.49%
3Y Avg
19.41%
5Y Avg
15.96%
Market Cap
$32.24B
Return on Invested Capital (ROIC)
-2.72%
TTM Avg
-2.97%
3Y Avg
-5.22%
5Y Avg
-8.94%
Market Cap
$40.11B
Return on Invested Capital (ROIC)
21.27%
TTM Avg
18.05%
3Y Avg
16.87%
5Y Avg
16.06%
Market Cap
$40.99B
Return on Invested Capital (ROIC)
29.75%
TTM Avg
21.92%
3Y Avg
15.57%
5Y Avg
11.93%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Credo Technology Group Holding Ltd (CRDO) | $35.93B | 17.90% | 16.96% | 4.20% | -0.06% |
| Roper Technologies, Inc. (ROP)vs › | $35.72B | 6.01% | 5.56% | 5.30% | 5.10% |
| Take-Two Interactive Software, Inc. (TTWO)vs › | $37.84B | -2.34% | -6.30% | -8.21% | -1.47% |
| Okta, Inc. (OKTA)vs › | $33.59B | 3.03% | 0.68% | -4.04% | -5.57% |
| Ubiquiti Inc. (UI)vs › | $33.49B | 61.23% | 67.38% | 55.51% | 65.21% |
| Jabil Inc. (JBL)vs › | $33.42B | 18.48% | 22.49% | 19.41% | 15.96% |
| Zscaler, Inc. (ZS)vs › | $32.24B | -2.72% | -2.97% | -5.22% | -8.94% |
| NetApp, Inc. (NTAP)vs › | $40.11B | 21.27% | 18.05% | 16.87% | 16.06% |
| Celestica Inc. (CLS)vs › | $40.99B | 29.75% | 21.92% | 15.57% | 11.93% |
| Roblox Corporation (RBLX)vs › | $29.92B | -27.89% | -29.00% | -32.58% | -32.33% |
ROIC
17.9%
ROE
19.7%
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) |
|---|---|
| 2026-08-01 | 17.90% |
| 2026-05-02 | 21.06% |
| 2026-01-31 | 17.03% |
| 2025-11-01 | 15.02% |
| 2025-08-02 | 13.78% |
| 2025-04-30 | 5.15% |
| 2025-02-01 | -0.39% |
| 2024-11-02 | -6.22% |
| 2024-08-03 | -6.45% |
| 2024-04-30 | -6.65% |
| 2024-01-27 | -8.25% |
| 2023-10-28 | -11.54% |
| 2023-07-29 | -9.71% |
| 2023-04-30 | -5.80% |
| 2023-01-28 | -2.99% |
| 2022-10-29 | -2.40% |
| 2022-07-30 | -2.91% |
| 2022-04-30 | -6.29% |
| 2022-01-31 | -5.69% |
| 2021-10-31 | -15.76% |
| 2021-07-31 | -22.80% |
| 2021-04-30 | -17.65% |
