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 5.01% is 45% below its 5-year average of 9.18%, near the low end of its 5-year range (0.43%–18.01%).
As of the fiscal period ended Tuesday, June 30, 2026. 134.12% above its 12-month average of 2.14%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
5.01%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
2.14%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
7.69%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
9.18%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
7.00%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
7.83%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
8.87%
CURRENT VS TTM AVG
+134.12%
CURRENT VS 3Y AVG
-34.87%
CURRENT VS 5Y AVG
-45.48%
CURRENT VS 10Y AVG
-28.52%
CURRENT VS 15Y AVG
-36.03%
CURRENT VS 20Y AVG
-43.55%
SECTOR MEDIAN · TECHNOLOGY
8.17%
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
-38.72%
vs the sector median at left
Microchip Technology Incorporated
Market Cap
$39.55B
Return on Invested Capital (ROIC)
5.01%
TTM Avg
2.14%
3Y Avg
7.69%
5Y Avg
9.18%
Market Cap
$39.57B
Return on Invested Capital (ROIC)
-2.34%
TTM Avg
-6.30%
3Y Avg
-8.21%
5Y Avg
-1.47%
Market Cap
$39.57B
Return on Invested Capital (ROIC)
6.01%
TTM Avg
5.56%
3Y Avg
5.30%
5Y Avg
5.10%
Market Cap
$38.51B
Return on Invested Capital (ROIC)
29.75%
TTM Avg
21.92%
3Y Avg
15.57%
5Y Avg
11.93%
Market Cap
$42.52B
Return on Invested Capital (ROIC)
10.40%
TTM Avg
9.27%
3Y Avg
9.56%
5Y Avg
11.34%
Market Cap
$36.43B
Return on Invested Capital (ROIC)
20.63%
TTM Avg
18.05%
3Y Avg
16.87%
5Y Avg
16.06%
Market Cap
$43.80B
Return on Invested Capital (ROIC)
21.19%
TTM Avg
18.64%
3Y Avg
17.32%
5Y Avg
15.98%
Market Cap
$44.22B
Return on Invested Capital (ROIC)
-0.07%
TTM Avg
-3.67%
3Y Avg
-17.72%
5Y Avg
-16.03%
Market Cap
$34.48B
Return on Invested Capital (ROIC)
3.06%
TTM Avg
0.38%
3Y Avg
-2.90%
5Y Avg
-4.08%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Microchip Technology Incorporated (MCHP) | $39.55B | 5.01% | 2.14% | 7.69% | 9.18% |
| Take-Two Interactive Software, Inc. (TTWO)vs › | $39.57B | -2.34% | -6.30% | -8.21% | -1.47% |
| Roper Technologies, Inc. (ROP)vs › | $39.57B | 6.01% | 5.56% | 5.30% | 5.10% |
| Celestica Inc. (CLS)vs › | $38.51B | 29.75% | 21.92% | 15.57% | 11.93% |
| Veeva Systems Inc. (VEEV)vs › | $42.52B | 10.40% | 9.27% | 9.56% | 11.34% |
| NetApp, Inc. (NTAP)vs › | $36.43B | 20.63% | 18.05% | 16.87% | 16.06% |
| Autodesk, Inc. (ADSK)vs › | $43.80B | 21.19% | 18.64% | 17.32% | 15.98% |
| Strategy Inc (MSTR)vs › | $44.22B | -0.07% | -3.67% | -17.72% | -16.03% |
| Twilio Inc. (TWLO)vs › | $34.48B | 3.06% | 0.38% | -2.90% | -4.08% |
| Jabil Inc. (JBL)vs › | $32.96B | 18.48% | 22.49% | 19.41% | 15.96% |
ROIC
5.0%
ROE
7.0%
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) |
|---|---|
| 2026-06-30 | 5.01% |
| 2026-03-31 | 3.11% |
| 2025-12-31 | 1.35% |
| 2025-09-30 | 0.43% |
| 2025-06-30 | 0.79% |
| 2025-03-31 | 1.15% |
| 2024-12-31 | 3.45% |
| 2024-09-30 | 6.71% |
| 2024-06-30 | 10.75% |
| 2024-03-31 | 14.44% |
| 2023-12-31 | 17.32% |
| 2023-09-30 | 18.01% |
| 2023-06-30 | 17.42% |
| 2023-03-31 | 16.36% |
| 2022-12-31 | 15.55% |
| 2022-09-30 | 14.05% |
| 2022-06-30 | 12.46% |
| 2022-03-31 | 10.84% |
| 2021-12-31 | 9.11% |
| 2021-09-30 | 7.94% |
| 2021-06-30 | 6.62% |
| 2021-03-31 | 6.48% |
| 2020-12-31 | 5.47% |
| 2020-09-30 | 4.66% |
| 2020-06-30 | 4.33% |
| 2020-03-31 | 3.95% |
| 2019-12-31 | 4.63% |
| 2019-09-30 | 4.96% |
| 2019-06-30 | 4.39% |
| 2019-03-31 | 4.12% |
| 2018-12-31 | 3.85% |
| 2018-09-30 | 2.22% |
| 2018-06-30 | 2.53% |
| 2018-03-31 | 6.82% |
| 2017-12-31 | 6.32% |
| 2017-09-30 | 9.82% |
| 2017-06-30 | 7.77% |
| 2017-03-31 | 3.93% |
| 2016-12-31 | 3.11% |
| 2016-09-30 | 2.46% |
| 2016-06-30 | 2.53% |
| 2016-03-31 | 6.79% |
| 2015-12-31 | 7.50% |
| 2015-09-30 | 7.47% |
| 2015-06-30 | 9.61% |
| 2015-03-31 | 9.61% |
| 2014-12-31 | 9.67% |
| 2014-09-30 | 10.10% |
| 2014-06-30 | 10.37% |
| 2014-03-31 | 11.19% |
| 2013-12-31 | 9.94% |
| 2013-09-30 | 7.60% |
| 2013-06-30 | 4.29% |
| 2013-03-31 | 4.26% |
| 2012-12-31 | 4.64% |
| 2012-09-30 | 6.46% |
| 2012-06-30 | 11.51% |
| 2012-03-31 | 12.40% |
| 2011-12-31 | 14.60% |
| 2011-09-30 | 15.62% |
| 2011-06-30 | 16.60% |
| 2011-03-31 | 16.80% |
| 2010-12-31 | 15.26% |
| 2010-09-30 | 14.15% |
| 2010-06-30 | 12.15% |
| 2010-03-31 | 9.66% |
| 2009-12-31 | 6.98% |
| 2009-09-30 | 6.38% |
| 2009-06-30 | 7.95% |
| 2009-03-31 | 10.30% |
| 2008-12-31 | 13.03% |
| 2008-09-30 | 12.33% |
| 2008-06-30 | 11.04% |
| 2008-03-31 | 11.02% |
| 2007-12-31 | 12.07% |
| 2007-09-30 | 13.90% |
| 2007-06-30 | 14.19% |
| 2007-03-31 | 15.38% |
| 2006-12-31 | 13.84% |
| 2006-09-30 | 12.46% |
| 2006-06-30 | 12.03% |
| 2006-03-31 | 10.95% |
| 2005-12-31 | 11.89% |
| 2005-09-30 | 12.97% |
| 2005-06-30 | 13.22% |
| 2005-03-31 | 12.81% |
| 2004-12-31 | 12.58% |
| 2004-09-30 | 12.58% |
| 2004-06-30 | 11.61% |
| 2004-03-31 | 9.78% |
| 2003-12-31 | 8.73% |
| 2003-09-30 | 8.90% |
| 2003-06-30 | 7.14% |