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 10.82% is 17% above its 5-year average of 9.24%, near the high end of its 5-year range (6.56%–11.77%).
As of the fiscal period ended Tuesday, June 30, 2026. 12.15% above its 12-month average of 9.65%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
10.82%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
9.65%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
9.92%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
9.24%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
12.56%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
11.45%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
7.77%
CURRENT VS TTM AVG
+12.15%
CURRENT VS 3Y AVG
+9.03%
CURRENT VS 5Y AVG
+17.09%
CURRENT VS 10Y AVG
-13.85%
CURRENT VS 15Y AVG
-5.49%
CURRENT VS 20Y AVG
+39.30%
SECTOR MEDIAN · TECHNOLOGY
8.17%
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
+32.44%
vs the sector median at left
Electronic Arts Inc.
Market Cap
$52.92B
Return on Invested Capital (ROIC)
10.82%
TTM Avg
9.65%
3Y Avg
9.92%
5Y Avg
9.24%
Market Cap
$53.06B
Return on Invested Capital (ROIC)
18.76%
TTM Avg
16.46%
3Y Avg
15.58%
5Y Avg
15.92%
Market Cap
$53.85B
Return on Invested Capital (ROIC)
-0.36%
TTM Avg
1.00%
3Y Avg
0.55%
5Y Avg
0.55%
Market Cap
$51.86B
Return on Invested Capital (ROIC)
15.47%
TTM Avg
0.21%
3Y Avg
-13.24%
5Y Avg
-13.24%
Market Cap
$55.74B
Return on Invested Capital (ROIC)
8.07%
TTM Avg
8.05%
3Y Avg
11.99%
5Y Avg
11.16%
Market Cap
$56.33B
Return on Invested Capital (ROIC)
12.04%
TTM Avg
7.80%
3Y Avg
11.92%
5Y Avg
12.12%
Market Cap
$56.72B
Return on Invested Capital (ROIC)
12.71%
TTM Avg
11.97%
3Y Avg
13.63%
5Y Avg
11.52%
Market Cap
$48.40B
Return on Invested Capital (ROIC)
11.40%
TTM Avg
4.37%
3Y Avg
1.96%
5Y Avg
0.29%
Market Cap
$47.92B
Return on Invested Capital (ROIC)
11.56%
TTM Avg
4.13%
3Y Avg
4.91%
5Y Avg
6.51%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Electronic Arts Inc. (EA) | $52.92B | 10.82% | 9.65% | 9.92% | 9.24% |
| Garmin Ltd. (GRMN)vs › | $53.06B | 18.76% | 16.46% | 15.58% | 15.92% |
| CoreWeave, Inc. Class A Common Stock (CRWV)vs › | $53.85B | -0.36% | 1.00% | 0.55% | 0.55% |
| Astera Labs, Inc. Common Stock (ALAB)vs › | $51.86B | 15.47% | 0.21% | -13.24% | -13.24% |
| United Microelectronics Corporation (UMC)vs › | $55.74B | 8.07% | 8.05% | 11.99% | 11.16% |
| Keysight Technologies, Inc. (KEYS)vs › | $56.33B | 12.04% | 7.80% | 11.92% | 12.12% |
| NXP Semiconductors N.V. (NXPI)vs › | $56.72B | 12.71% | 11.97% | 13.63% | 11.52% |
| Workday, Inc. (WDAY)vs › | $48.40B | 11.40% | 4.37% | 1.96% | 0.29% |
| Ciena Corporation (CIEN)vs › | $47.92B | 11.56% | 4.13% | 4.91% | 6.51% |
| Nebius Group N.V. (NBIS)vs › | $58.20B | -2.24% | -9.09% | -6.87% | -4.75% |
ROIC
10.8%
ROE
15.3%
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 | 10.82% |
| 2026-03-31 | 9.36% |
| 2025-12-31 | 7.41% |
| 2025-09-30 | 9.59% |
| 2025-06-30 | 11.06% |
| 2025-03-31 | 11.40% |
| 2024-12-31 | 9.45% |
| 2024-09-30 | 9.49% |
| 2024-06-30 | 10.55% |
| 2024-03-31 | 11.77% |
| 2023-12-31 | 10.09% |
| 2023-09-30 | 9.41% |
| 2023-06-30 | 8.61% |
| 2023-03-31 | 7.92% |
| 2022-12-31 | 10.17% |
| 2022-09-30 | 8.73% |
| 2022-06-30 | 8.93% |
| 2022-03-31 | 8.01% |
| 2021-12-31 | 6.56% |
| 2021-09-30 | 7.83% |
| 2021-06-30 | 6.89% |
| 2021-03-31 | 8.34% |
| 2020-12-31 | 12.43% |
| 2020-09-30 | 13.58% |
| 2020-06-30 | 16.11% |
| 2020-03-31 | 15.97% |
| 2019-12-31 | 14.05% |
| 2019-09-30 | 12.77% |
| 2019-06-30 | 13.72% |
| 2019-03-31 | 14.06% |
| 2018-12-31 | 20.15% |
| 2018-09-30 | 13.79% |
| 2018-06-30 | 9.92% |
| 2018-03-31 | 16.94% |
| 2017-12-31 | 17.94% |
| 2017-09-30 | 20.92% |
| 2017-06-30 | 20.38% |
| 2017-03-31 | 18.45% |
| 2016-12-31 | 21.81% |
| 2016-09-30 | 20.98% |
| 2016-06-30 | 18.58% |
| 2016-03-31 | 18.74% |
| 2015-12-31 | 18.16% |
| 2015-09-30 | 22.01% |
| 2015-06-30 | 23.22% |
| 2015-03-31 | 22.41% |
| 2014-12-31 | 23.64% |
| 2014-09-30 | 11.61% |
| 2014-06-30 | 3.99% |
| 2014-03-31 | 0.99% |
| 2013-12-31 | -0.07% |
| 2013-09-30 | 6.75% |
| 2013-06-30 | 3.12% |
| 2013-03-31 | 2.71% |
| 2012-12-31 | 6.12% |
| 2012-09-30 | 1.05% |
| 2012-06-30 | 0.66% |
| 2012-03-31 | 1.04% |
| 2011-12-31 | -5.61% |
| 2011-09-30 | -8.52% |
| 2011-06-30 | -5.85% |
| 2011-03-31 | -10.66% |
| 2010-12-31 | -13.76% |
| 2010-09-30 | -6.08% |
| 2010-06-30 | -11.14% |
| 2010-03-31 | -22.33% |
| 2009-12-31 | -27.09% |
| 2009-09-30 | -33.28% |
| 2009-06-30 | -28.16% |
| 2009-03-31 | -23.35% |
| 2008-12-31 | -23.51% |
| 2008-09-30 | -11.11% |
| 2008-06-30 | -8.48% |
| 2008-03-31 | -10.25% |
| 2007-12-31 | -11.11% |
| 2007-09-30 | -7.04% |
| 2007-06-30 | -0.32% |
| 2007-03-31 | 0.51% |
| 2006-12-31 | 1.87% |
| 2006-09-30 | 3.98% |
| 2006-06-30 | 5.04% |
| 2006-03-31 | 5.75% |
| 2005-12-31 | 6.50% |
| 2005-09-30 | 11.03% |
| 2005-06-30 | 11.83% |
| 2005-03-31 | 13.12% |
| 2004-12-31 | 16.32% |
| 2004-09-30 | 19.81% |
| 2004-06-30 | 20.29% |
| 2004-03-31 | 20.99% |
| 2003-12-31 | 19.34% |
| 2003-09-30 | 16.71% |
| 2003-06-30 | 17.03% |
