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 18.77% is 11% above its 5-year average of 16.84%, near the high end of its 5-year range (14.53%–19.08%).
As of the fiscal period ended Tuesday, June 30, 2026. 2.91% above its 12-month average of 18.24%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q4 FY2026 (2026-06-30): 18.77%.
RETURN ON INVESTED CAPITAL (ROIC)
18.77%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
18.24%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
16.44%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
16.84%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
17.32%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
16.49%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
15.61%
CURRENT VS TTM AVG
+2.91%
CURRENT VS 3Y AVG
+14.16%
CURRENT VS 5Y AVG
+11.45%
CURRENT VS 10Y AVG
+8.34%
CURRENT VS 15Y AVG
+13.79%
CURRENT VS 20Y AVG
+20.22%
SECTOR MEDIAN · TECHNOLOGY
8.17%
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
+129.71%
vs the sector median at left
Jack Henry & Associates, Inc.
Market Cap
$10.50B
Return on Invested Capital (ROIC)
18.77%
TTM Avg
18.24%
3Y Avg
16.44%
5Y Avg
16.84%
Market Cap
$10.11B
Return on Invested Capital (ROIC)
11.16%
TTM Avg
5.13%
3Y Avg
5.92%
5Y Avg
7.10%
Market Cap
$10.95B
Return on Invested Capital (ROIC)
5.70%
TTM Avg
-0.53%
3Y Avg
-4.07%
5Y Avg
-3.84%
Market Cap
$10.04B
Return on Invested Capital (ROIC)
2.53%
TTM Avg
3.17%
3Y Avg
2.83%
5Y Avg
3.75%
Market Cap
$9.94B
Return on Invested Capital (ROIC)
23.60%
TTM Avg
21.75%
3Y Avg
20.25%
5Y Avg
18.82%
Market Cap
$11.20B
Return on Invested Capital (ROIC)
8.56%
TTM Avg
5.01%
3Y Avg
6.78%
5Y Avg
7.91%
Market Cap
$11.41B
Return on Invested Capital (ROIC)
14.56%
TTM Avg
13.93%
3Y Avg
11.15%
5Y Avg
7.19%
Market Cap
$11.70B
Return on Invested Capital (ROIC)
10.06%
TTM Avg
11.79%
3Y Avg
12.68%
5Y Avg
12.05%
Market Cap
$9.27B
Return on Invested Capital (ROIC)
14.77%
TTM Avg
9.14%
3Y Avg
11.24%
5Y Avg
15.36%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Jack Henry & Associates, Inc. (JKHY) | $10.50B | 18.77% | 18.24% | 16.44% | 16.84% |
| FormFactor, Inc. (FORM)vs › | $10.11B | 11.16% | 5.13% | 5.92% | 7.10% |
| HubSpot, Inc. (HUBS)vs › | $10.95B | 5.70% | -0.53% | -4.07% | -3.84% |
| Viavi Solutions Inc. (VIAV)vs › | $10.04B | 2.53% | 3.17% | 2.83% | 3.75% |
| Paycom Software, Inc. (PAYC)vs › | $9.94B | 23.60% | 21.75% | 20.25% | 18.82% |
| Advanced Energy Industries, Inc. (AEIS)vs › | $11.20B | 8.56% | 5.01% | 6.78% | 7.91% |
| Rambus Inc. (RMBS)vs › | $11.41B | 14.56% | 13.93% | 11.15% | 7.19% |
| Nova Ltd. (NVMI)vs › | $11.70B | 10.06% | 11.79% | 12.68% | 12.05% |
| Silicon Motion Technology Corporation (SIMO)vs › | $9.27B | 14.77% | 9.14% | 11.24% | 15.36% |
| Elastic N.V. (ESTC)vs › | $9.16B | -1.37% | -2.59% | -9.00% | -12.88% |
ROIC
18.8%
ROE
24.5%
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 | 18.77% |
| 2026-03-31 | 18.62% |
| 2025-12-31 | 18.36% |
| 2025-09-30 | 17.80% |
| 2025-06-30 | 17.63% |
| 2025-03-31 | 16.06% |
| 2024-12-31 | 15.67% |
| 2024-09-30 | 15.89% |
| 2024-06-30 | 14.96% |
| 2024-03-31 | 14.53% |
| 2023-12-31 | 14.91% |
| 2023-09-30 | 14.91% |
| 2023-06-30 | 15.60% |
| 2023-03-31 | 15.50% |
| 2022-12-31 | 16.42% |
| 2022-09-30 | 17.55% |
| 2022-06-30 | 19.08% |
| 2022-03-31 | 18.49% |
| 2021-12-31 | 18.21% |
| 2021-09-30 | 17.47% |
| 2021-06-30 | 17.20% |
| 2021-03-31 | 15.52% |
| 2020-12-31 | 15.42% |
| 2020-09-30 | 15.48% |
| 2020-06-30 | 15.32% |
| 2020-03-31 | 15.33% |
| 2019-12-31 | 15.26% |
| 2019-09-30 | 15.14% |
| 2019-06-30 | 17.40% |
| 2019-03-31 | 17.56% |
| 2018-12-31 | 19.18% |
| 2018-09-30 | 24.62% |
| 2018-06-30 | 24.07% |
| 2018-03-31 | 22.00% |
| 2017-12-31 | 21.93% |
| 2017-09-30 | 17.73% |
| 2017-06-30 | 17.13% |
| 2017-03-31 | 18.76% |
| 2016-12-31 | 22.08% |
| 2016-09-30 | 19.78% |
| 2016-06-30 | 20.90% |
| 2016-03-31 | 19.76% |
| 2015-12-31 | 16.20% |
| 2015-09-30 | 16.88% |
| 2015-06-30 | 16.07% |
| 2015-03-31 | 16.00% |
| 2014-12-31 | 16.98% |
| 2014-09-30 | 17.36% |
| 2014-06-30 | 16.81% |
| 2014-03-31 | 15.77% |
| 2013-12-31 | 15.42% |
| 2013-09-30 | 14.84% |
| 2013-06-30 | 14.75% |
| 2013-03-31 | 13.04% |
| 2012-12-31 | 12.75% |
| 2012-09-30 | 12.82% |
| 2012-06-30 | 12.72% |
| 2012-03-31 | 12.17% |
| 2011-12-31 | 12.25% |
| 2011-09-30 | 12.41% |
| 2011-06-30 | 12.48% |
| 2011-03-31 | 11.38% |
| 2010-12-31 | 11.53% |
| 2010-09-30 | 11.15% |
| 2010-06-30 | 9.71% |
| 2010-03-31 | 13.01% |
| 2009-12-31 | 13.13% |
| 2009-09-30 | 14.47% |
| 2009-06-30 | 13.44% |
| 2009-03-31 | 11.79% |
| 2008-12-31 | 12.22% |
| 2008-09-30 | 13.26% |
| 2008-06-30 | 12.21% |
| 2008-03-31 | 13.85% |
| 2007-12-31 | 14.69% |
| 2007-09-30 | 15.29% |
| 2007-06-30 | 14.01% |
| 2007-03-31 | 13.81% |
| 2006-12-31 | 14.31% |
| 2006-09-30 | 14.06% |
| 2006-06-30 | 12.91% |
| 2006-03-31 | 12.84% |
| 2005-12-31 | 12.98% |
| 2005-09-30 | 13.40% |
| 2005-06-30 | 12.25% |
| 2005-03-31 | 12.62% |
| 2004-12-31 | 12.69% |
| 2004-09-30 | 12.95% |
| 2004-06-30 | 12.86% |
| 2004-03-31 | 12.61% |
| 2003-12-31 | 12.18% |
| 2003-09-30 | 12.19% |
| 2003-06-30 | 12.21% |
