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 16.02% is 29% above its 5-year average of 12.41%, near the high end of its 5-year range (8.13%–16.42%).
As of the fiscal period ended Friday, July 31, 2026. 1.29% above its 12-month average of 15.82%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
16.02%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
15.82%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
13.48%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
12.41%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
22.78%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
23.13%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
20.71%
CURRENT VS TTM AVG
+1.29%
CURRENT VS 3Y AVG
+18.88%
CURRENT VS 5Y AVG
+29.10%
CURRENT VS 10Y AVG
-29.67%
CURRENT VS 15Y AVG
-30.74%
CURRENT VS 20Y AVG
-22.65%
SECTOR MEDIAN · TECHNOLOGY
8.17%
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
+96.08%
vs the sector median at left
Intuit Inc.
Market Cap
$86.46B
Return on Invested Capital (ROIC)
16.02%
TTM Avg
15.82%
3Y Avg
13.48%
5Y Avg
12.41%
Market Cap
$89.51B
Return on Invested Capital (ROIC)
7.20%
TTM Avg
5.97%
3Y Avg
7.71%
5Y Avg
7.86%
Market Cap
$80.08B
Return on Invested Capital (ROIC)
0.23%
TTM Avg
0.17%
3Y Avg
-0.80%
5Y Avg
-0.85%
Market Cap
$78.73B
Return on Invested Capital (ROIC)
13.29%
TTM Avg
13.77%
3Y Avg
18.23%
5Y Avg
18.78%
Market Cap
$77.92B
Return on Invested Capital (ROIC)
8.17%
TTM Avg
1.58%
3Y Avg
-2.18%
5Y Avg
0.95%
Market Cap
$76.94B
Return on Invested Capital (ROIC)
16.59%
TTM Avg
18.95%
3Y Avg
19.16%
5Y Avg
18.05%
Market Cap
$76.93B
Return on Invested Capital (ROIC)
6.18%
TTM Avg
3.59%
3Y Avg
4.35%
5Y Avg
4.42%
Market Cap
$76.04B
Return on Invested Capital (ROIC)
1.74%
TTM Avg
7.06%
3Y Avg
11.34%
5Y Avg
11.10%
Market Cap
$102.11B
Return on Invested Capital (ROIC)
36.61%
TTM Avg
31.16%
3Y Avg
27.93%
5Y Avg
27.17%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Intuit Inc. (INTU) | $86.46B | 16.02% | 15.82% | 13.48% | 12.41% |
| ASE Technology Holding Co., Ltd. (ASX)vs › | $89.51B | 7.20% | 5.97% | 7.71% | 7.86% |
| Datadog, Inc. (DDOG)vs › | $80.08B | 0.23% | 0.17% | -0.80% | -0.85% |
| Cadence Design Systems, Inc. (CDNS)vs › | $78.73B | 13.29% | 13.77% | 18.23% | 18.78% |
| Lumentum Holdings Inc. (LITE)vs › | $77.92B | 8.17% | 1.58% | -2.18% | 0.95% |
| Motorola Solutions, Inc. (MSI)vs › | $76.94B | 16.59% | 18.95% | 19.16% | 18.05% |
| Hewlett Packard Enterprise Company (HPE)vs › | $76.93B | 6.18% | 3.59% | 4.35% | 4.42% |
| Synopsys, Inc. (SNPS)vs › | $76.04B | 1.74% | 7.06% | 11.34% | 11.10% |
| Adobe Inc. (ADBE)vs › | $102.11B | 36.61% | 31.16% | 27.93% | 27.17% |
| AppLovin Corporation (APP)vs › | $103.23B | 63.79% | 50.00% | 28.59% | 18.74% |
ROIC
16.0%
ROE
24.0%
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) |
|---|---|
| 2026-07-31 | 16.02% |
| 2026-04-30 | 16.22% |
| 2026-01-31 | 16.42% |
| 2025-10-31 | 15.60% |
| 2025-07-31 | 14.82% |
| 2025-04-30 | 12.95% |
| 2025-01-31 | 12.48% |
| 2024-10-31 | 11.96% |
| 2024-07-31 | 12.05% |
| 2024-04-30 | 12.47% |
| 2024-01-31 | 12.24% |
| 2023-10-31 | 11.52% |
| 2023-07-31 | 10.44% |
| 2023-04-30 | 9.43% |
| 2023-01-31 | 8.59% |
| 2022-10-31 | 8.13% |
| 2022-07-31 | 8.49% |
| 2022-04-30 | 10.05% |
| 2022-01-31 | 9.22% |
| 2021-10-31 | 15.81% |
| 2021-07-31 | 15.68% |
| 2021-04-30 | 15.95% |
| 2021-01-31 | 13.96% |
| 2020-10-31 | 24.85% |
| 2020-07-31 | 20.68% |
| 2020-04-30 | 24.20% |
| 2020-01-31 | 34.99% |
| 2019-10-31 | 34.51% |
| 2019-07-31 | 35.14% |
| 2019-04-30 | 34.96% |
| 2019-01-31 | 42.91% |
| 2018-10-31 | 40.87% |
| 2018-07-31 | 38.22% |
| 2018-04-30 | 41.61% |
| 2018-01-31 | 42.04% |
| 2017-10-31 | 41.62% |
| 2017-07-31 | 45.58% |
| 2017-04-30 | 36.85% |
| 2017-01-31 | 36.17% |
| 2016-10-31 | 35.08% |
| 2016-07-31 | 33.14% |
| 2016-04-30 | 36.37% |
| 2016-01-31 | 33.04% |
| 2015-10-31 | 30.36% |
| 2015-07-31 | 21.12% |
| 2015-04-30 | 17.94% |
| 2015-01-31 | 28.42% |
| 2014-10-31 | 23.85% |
| 2014-07-31 | 22.35% |
| 2014-04-30 | 22.55% |
| 2014-01-31 | 25.93% |
| 2013-10-31 | 29.50% |
| 2013-07-31 | 20.67% |
| 2013-04-30 | 20.33% |
| 2013-01-31 | 21.05% |
| 2012-10-31 | 23.14% |
| 2012-07-31 | 22.58% |
| 2012-04-30 | 21.04% |
| 2012-01-31 | 20.74% |
| 2011-10-31 | 18.63% |
| 2011-07-31 | 17.37% |
| 2011-04-30 | 16.62% |
| 2011-01-31 | 16.04% |
| 2010-10-31 | 14.86% |
| 2010-07-31 | 14.32% |
| 2010-04-30 | 13.46% |
| 2010-01-31 | 13.05% |
| 2009-10-31 | 13.07% |
| 2009-07-31 | 12.49% |
| 2009-04-30 | 12.66% |
| 2009-01-31 | 13.29% |
| 2008-10-31 | 14.40% |
| 2008-07-31 | 13.18% |
| 2008-04-30 | 14.23% |
| 2008-01-31 | 12.99% |
| 2007-10-31 | 13.83% |
| 2007-07-31 | 13.15% |
| 2007-04-30 | 13.60% |
| 2007-01-31 | 17.94% |
| 2006-10-31 | 18.84% |
| 2006-07-31 | 19.63% |
| 2006-04-30 | 19.79% |
| 2006-01-31 | 21.40% |
| 2005-10-31 | 22.05% |
| 2005-07-31 | 20.77% |
| 2005-04-30 | 13.02% |
| 2005-01-31 | 11.47% |
| 2004-10-31 | 11.75% |
| 2004-07-31 | 10.27% |
| 2004-04-30 | 15.77% |
| 2004-01-31 | 13.65% |
| 2003-10-31 | 12.60% |
| 2003-07-31 | 11.56% |
