HP Inc. (HPQ) Return on Invested Capital (ROIC): 24.97%
Is HP Inc.’s return on invested capital (ROIC) high or low?
HP Inc.'s return on invested capital (ROIC) of 24.97% is 15% below its 5-year average of 29.30%, near the low end of its 5-year range (24.72%–42.24%).
The return on invested capital (ROIC) for HP Inc. (HPQ) is 24.97% as of Wednesday, June 10, 2026. It is above its 12-month average by 0.50% (24.84%).
HPQ Return on Invested Capital (ROIC) Chart
HPQ Average Return on Invested Capital (ROIC) Chart
HPQ Current vs Average Return on Invested Capital (ROIC) Chart
HPQ Return on Invested Capital (ROIC) Metrics
RETURN ON INVESTED CAPITAL (ROIC)
24.97%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
24.84%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
25.36%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
29.30%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
28.09%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
20.40%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
18.05%
CURRENT VS TTM AVG
+0.50%
CURRENT VS 3Y AVG
-1.56%
CURRENT VS 5Y AVG
-14.76%
CURRENT VS 10Y AVG
-11.10%
CURRENT VS 15Y AVG
+22.41%
CURRENT VS 20Y AVG
+38.36%
HPQ Competitors' Return on Invested Capital (ROIC)
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| HP Inc. (HPQ) | — | 24.97% | 24.84% | 25.36% | 29.30% |
| Cognizant Technology Solutions Corporation (CTSH) | $24.92B | 12.31% | 12.78% | 13.55% | 13.20% |
| Fidelity National Information Services, Inc. (FIS) | $20.66B | 3.49% | 3.74% | 3.37% | 2.71% |
| Atlassian Corporation (TEAM) | $25.11B | -4.48% | -4.45% | -5.23% | -2.26% |
| Zscaler, Inc. (ZS) | $20.35B | -3.18% | -3.82% | -9.21% | -9.47% |
| Akamai Technologies, Inc. (AKAM) | $20.04B | 4.35% | 4.54% | 5.48% | 6.62% |
| Okta, Inc. (OKTA) | $19.93B | 1.88% | 0.68% | -4.02% | -5.54% |
| VeriSign, Inc. (VRSN) | $25.83B | -61876.44% | -30712.72% | -15290.31% | -10160.01% |
| Tower Semiconductor Ltd. (TSEM) | $26.02B | 5.73% | 6.07% | 10.73% | 9.25% |
| Splunk Inc. (SPLK) | $26.44B | 7.66% | 0.95% | -11.78% | -10.23% |
Capital Efficiency
ROIC
25.0%
ROE
-730.9%
HP Inc. 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
HP Inc. Return on Invested Capital (ROIC) FAQ
- What is the return on invested capital (ROIC) for HP Inc. (HPQ)?
- The return on invested capital (ROIC) for HPQ stock is 24.97%.
- Is HP Inc.'s return on invested capital (ROIC) high or low?
- HP Inc.'s return on invested capital (ROIC) of 24.97% is 15% below its 5-year average of 29.30%, near the low end of its 5-year range (24.72%–42.24%).
- What is the TTM average return on invested capital (ROIC) for HP Inc. (HPQ)?
- The TTM average return on invested capital (ROIC) for HPQ stock is 24.84%.
- What is the 3Y average return on invested capital (ROIC) for HP Inc. (HPQ)?
- The 3Y average return on invested capital (ROIC) for HPQ stock is 25.36%.
- What is the 5Y average return on invested capital (ROIC) for HP Inc. (HPQ)?
- The 5Y average return on invested capital (ROIC) for HPQ stock is 29.30%.
- What is the 10Y average return on invested capital (ROIC) for HP Inc. (HPQ)?
- The 10Y average return on invested capital (ROIC) for HPQ stock is 28.09%.
- What is the 15Y average return on invested capital (ROIC) for HP Inc. (HPQ)?
- The 15Y average return on invested capital (ROIC) for HPQ stock is 20.40%.
- What is the 20Y average return on invested capital (ROIC) for HP Inc. (HPQ)?
- The 20Y average return on invested capital (ROIC) for HPQ stock is 18.05%.
HP Inc. Return on Invested Capital (ROIC) History
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2025-10-31 | 24.97% |
| 2024-10-31 | 24.72% |
| 2023-10-31 | 26.23% |
| 2022-10-31 | 25.54% |
| 2021-10-31 | 42.24% |
| 2020-10-31 | 32.07% |
| 2019-10-31 | 45.45% |
| 2018-10-31 | 34.97% |
| 2017-10-31 | 22.44% |
| 2016-10-31 | 24.47% |
| 2015-10-31 | 5.86% |
| 2014-10-31 | 5.12% |
| 2013-10-31 | 8.47% |
| 2012-10-31 | -16.08% |
| 2011-10-31 | 8.74% |
| 2010-10-31 | 11.16% |
| 2009-10-31 | 11.20% |
| 2008-10-31 | 11.80% |
| 2007-10-31 | 13.11% |
| 2006-10-31 | 11.58% |
| 2005-10-31 | 4.93% |
| 2004-10-31 | 7.04% |
| 2003-10-31 | 5.18% |
| 2002-10-31 | -1.84% |
| 2001-10-31 | 6.29% |
| 2000-10-31 | 15.22% |
| 1999-10-31 | 11.33% |
| 1998-10-31 | 13.42% |
| 1997-10-31 | 11.03% |
| 1996-10-31 | 13.58% |
Related Metrics
About HP Inc.
HP Inc. is a global technology company specializing in personal computing devices, imaging and printing solutions, and a variety of related technologies, software, and support services, serving clients both in the United States and worldwide. Its operations are structured into three main divisions: Personal Systems, Printing, and Corporate Investments. The Personal Systems segment offers a broad array of computing hardware, including desktop and laptop personal computers for both business and individual consumers, along with specialized workstations, thin clients, commercial mobile devices, retail point-of-sale systems, displays, and various peripherals. This division also encompasses essential software, support, and associated services. The Printing division focuses on delivering printer hardware for both general consumers and commercial clients, alongside a full suite of supplies, comprehensive print solutions, and related services. Finally, the Corporate Investments segment is dedicated to fostering innovation through HP Labs, incubating new business ventures, and managing various investment projects. HP's extensive client base spans individual end-users, small and medium-sized enterprises (SMEs), and major corporations, reaching diverse sectors such as government, healthcare, and education. Established in 1939, the company initially operated as Hewlett-Packard Company before rebranding to HP Inc. in October 2015. Its corporate headquarters are located in Palo Alto, California.
- Sector
- Technology
- Industry
- Computer Hardware
- CEO
- Bruce Dale Broussard