Credo Technology Group Holding Ltd logo
CRDOCredo Technology Group Holding Ltd

Return on Invested Capital (ROIC): 21.06%

Is the return on invested capital (ROIC) high or low?

The return on invested capital (ROIC) of 21.06% is 1215% above its 4-year average of 1.60%, near the high end of its 4-year range (-6.62%–21.06%).

As of Monday, June 29, 2026.

Return on Invested Capital (ROIC)

CRDO Return on Invested Capital (ROIC) Chart

21.06%

Annual fiscal-year return on invested capital; no daily interpolation.

+437.50% 5Y
CRDO Return on Invested Capital (ROIC)

CRDO Average Return on Invested Capital (ROIC) Chart

CRDO Return on Invested Capital (ROIC)

CRDO Current vs Average Return on Invested Capital (ROIC) Chart

CRDO Return on Invested Capital (ROIC) Metrics

RETURN ON INVESTED CAPITAL (ROIC)

21.06%

RETURN ON INVESTED CAPITAL (ROIC) AVG TTM

N/A

RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y

6.52%

RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y

1.60%

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

N/A

CURRENT VS 3Y AVG

+222.84%

CURRENT VS 5Y AVG

+1214.61%

CURRENT VS 10Y AVG

N/A

CURRENT VS 15Y AVG

N/A

CURRENT VS 20Y AVG

N/A

CRDO Competitors' Return on Invested Capital (ROIC)

NAMEMARKET CAPRETURN ON INVESTED CAPITAL (ROIC)TTM3Y5Y
Credo Technology Group Holding Ltd (CRDO)$44.38B21.06%N/A6.52%1.60%
Garmin Ltd. (GRMN)vs ›$44.84B16.71%16.50%15.60%15.93%
GLOBALFOUNDRIES Inc. (GFS)vs ›$43.78B5.20%1.87%4.50%0.42%
Block, Inc. (XYZ)vs ›$46.25B7.52%6.62%3.56%2.62%
Autodesk, Inc. (ADSK)vs ›$41.44B18.74%18.48%17.13%15.78%
Microchip Technology Incorporated (MCHP)vs ›$47.67B3.11%1.54%8.45%8.51%
Celestica Inc. (CLS)vs ›$38.81B27.74%21.92%15.52%11.87%
Jabil Inc. (JBL)vs ›$37.79B16.06%22.12%19.08%15.19%
Block, Inc. (SQ)vs ›$51.73B-12.82%-4.90%-3.29%-1.18%
ON Semiconductor Corporation (ON)vs ›$35.53B6.24%9.06%13.87%12.29%

Capital Efficiency

ROIC

21.1%

ROE

22.9%

Return on Invested Capital (ROIC) Formula & Definition

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

Return on Invested Capital (ROIC) FAQ

What is the return on invested capital (ROIC) for Credo Technology Group Holding Ltd (CRDO)?
The return on invested capital (ROIC) for CRDO stock is 21.06%.
Is Credo Technology Group Holding Ltd's return on invested capital (ROIC) high or low?
The return on invested capital (ROIC) of 21.06% is 1215% above its 4-year average of 1.60%, near the high end of its 4-year range (-6.62%–21.06%).
What is the 3Y average return on invested capital (ROIC) for Credo Technology Group Holding Ltd (CRDO)?
The 3Y average return on invested capital (ROIC) for CRDO stock is 6.52%.
What is the 5Y average return on invested capital (ROIC) for Credo Technology Group Holding Ltd (CRDO)?
The 5Y average return on invested capital (ROIC) for CRDO stock is 1.60%.

CRDO Return on Invested Capital (ROIC) History

DATERETURN ON INVESTED CAPITAL (ROIC)
2026-05-0221.06%
2025-04-305.13%
2024-04-30-6.62%
2023-04-30-5.32%
2022-04-30-6.24%
2021-04-30-17.65%
2020-04-301.47%

About Credo Technology Group Holding Ltd

Credo Technology Group Holding Ltd (CRDO) specializes in delivering advanced high-speed connectivity solutions for both optical and electrical Ethernet applications. Its operational reach extends globally, encompassing the United States, Mexico, Mainland China, Hong Kong, and various other international regions. The company's product offerings include integrated circuits (ICs), active electrical cables (AECs), and SerDes chiplets, all developed utilizing its proprietary serializer/deserializer (SerDes) and digital signal processor (DSP) technologies. Beyond hardware, Credo also provides intellectual property (IP) solutions, particularly focusing on SerDes IP licensing. Established in 2008, the firm's corporate headquarters are situated in San Jose, California.

San Jose, CA
500 employees
Technology / Communication Equipment
Sector
Technology
Industry
Communication Equipment
CEO
William J. Brennan