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 3.42% is 60% below its 5-year average of 8.57%, near the low end of its 5-year range (3.42%–13.39%).
As of the fiscal period ended Tuesday, June 30, 2026. 31.16% below its 12-month average of 4.97%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 3.42%.
RETURN ON INVESTED CAPITAL (ROIC)
3.42%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
4.97%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
7.17%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
8.57%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
7.77%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
7.12%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
6.51%
CURRENT VS TTM AVG
-31.16%
CURRENT VS 3Y AVG
-52.27%
CURRENT VS 5Y AVG
-60.05%
CURRENT VS 10Y AVG
-55.93%
CURRENT VS 15Y AVG
-51.92%
CURRENT VS 20Y AVG
-47.39%
SECTOR MEDIAN · TECHNOLOGY
8.17%
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
-58.11%
vs the sector median at left
Onto Innovation Inc.
Market Cap
$13.10B
Return on Invested Capital (ROIC)
3.42%
TTM Avg
4.97%
3Y Avg
7.17%
5Y Avg
8.57%
Market Cap
$13.19B
Return on Invested Capital (ROIC)
15.17%
TTM Avg
10.65%
3Y Avg
4.36%
5Y Avg
-0.27%
Market Cap
$12.90B
Return on Invested Capital (ROIC)
20.64%
TTM Avg
17.70%
3Y Avg
14.37%
5Y Avg
11.89%
Market Cap
$13.36B
Return on Invested Capital (ROIC)
4.30%
TTM Avg
6.39%
3Y Avg
9.12%
5Y Avg
12.52%
Market Cap
$13.42B
Return on Invested Capital (ROIC)
9.25%
TTM Avg
5.47%
3Y Avg
5.23%
5Y Avg
6.08%
Market Cap
$13.55B
Return on Invested Capital (ROIC)
13.93%
TTM Avg
17.05%
3Y Avg
18.54%
5Y Avg
18.52%
Market Cap
$12.50B
Return on Invested Capital (ROIC)
7.31%
TTM Avg
6.11%
3Y Avg
8.46%
5Y Avg
9.85%
Market Cap
$12.44B
Return on Invested Capital (ROIC)
23.78%
TTM Avg
20.59%
3Y Avg
21.97%
5Y Avg
19.23%
Market Cap
$13.82B
Return on Invested Capital (ROIC)
6.13%
TTM Avg
6.32%
3Y Avg
5.63%
5Y Avg
6.03%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Onto Innovation Inc. (ONTO) | $13.10B | 3.42% | 4.97% | 7.17% | 8.57% |
| DocuSign, Inc. (DOCU)vs › | $13.19B | 15.17% | 10.65% | 4.36% | -0.27% |
| GoDaddy Inc. (GDDY)vs › | $12.90B | 20.64% | 17.70% | 14.37% | 11.89% |
| Skyworks Solutions, Inc. (SWKS)vs › | $13.36B | 4.30% | 6.39% | 9.12% | 12.52% |
| Trimble Inc. (TRMB)vs › | $13.42B | 9.25% | 5.47% | 5.23% | 6.08% |
| Check Point Software Technologies Ltd. (CHKP)vs › | $13.55B | 13.93% | 17.05% | 18.54% | 18.52% |
| Amkor Technology, Inc. (AMKR)vs › | $12.50B | 7.31% | 6.11% | 8.46% | 9.85% |
| Gartner, Inc. (IT)vs › | $12.44B | 23.78% | 20.59% | 21.97% | 19.23% |
| Tyler Technologies, Inc. (TYL)vs › | $13.82B | 6.13% | 6.32% | 5.63% | 6.03% |
| Manhattan Associates, Inc. (MANH)vs › | $12.33B | 90.92% | 58.33% | 55.49% | 48.77% |
ROIC
3.4%
ROE
6.9%
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 | 3.42% |
| 2026-03-31 | 4.09% |
| 2026-01-03 | 5.19% |
| 2025-09-27 | 7.18% |
| 2025-06-28 | 8.60% |
| 2025-03-29 | 9.70% |
| 2024-12-28 | 8.79% |
| 2024-09-28 | 8.09% |
| 2024-06-29 | 7.61% |
| 2024-03-30 | 6.60% |
| 2023-12-31 | 6.02% |
| 2023-09-30 | 8.25% |
| 2023-07-01 | 9.68% |
| 2023-04-01 | 11.59% |
| 2022-12-31 | 13.39% |
| 2022-10-01 | 12.56% |
| 2022-07-02 | 11.86% |
| 2022-04-02 | 11.14% |
| 2021-12-31 | 9.56% |
| 2021-09-25 | 8.02% |
| 2021-06-26 | 6.19% |
| 2021-03-27 | 4.31% |
| 2020-12-31 | 1.98% |
| 2020-09-26 | -0.85% |
| 2020-06-27 | -1.17% |
| 2020-03-28 | -1.35% |
| 2019-12-31 | -0.37% |
| 2019-09-28 | 5.94% |
| 2019-06-29 | 6.40% |
| 2019-03-30 | 8.88% |
| 2018-12-31 | 11.58% |
| 2018-09-29 | 9.09% |
| 2018-06-30 | 12.10% |
| 2018-03-31 | 11.20% |
| 2017-12-31 | 9.49% |
| 2017-09-30 | 11.53% |
| 2017-07-01 | 9.62% |
| 2017-04-01 | 9.89% |
| 2016-12-31 | 12.81% |
| 2016-09-24 | 12.02% |
| 2016-06-25 | 10.03% |
| 2016-03-26 | 9.69% |
| 2015-12-31 | 6.49% |
| 2015-09-26 | 5.95% |
| 2015-06-27 | 3.78% |
| 2015-03-28 | 1.12% |
| 2014-12-31 | -0.40% |
| 2014-09-27 | -0.89% |
| 2014-06-28 | -1.83% |
| 2014-03-29 | 1.58% |
| 2013-12-31 | 1.94% |
| 2013-09-28 | 3.55% |
| 2013-06-29 | 6.76% |
| 2013-03-30 | 9.41% |
| 2012-12-31 | 10.40% |
| 2012-09-29 | 8.60% |
| 2012-06-30 | 7.01% |
| 2012-03-31 | 6.32% |
| 2011-12-31 | 7.75% |
| 2011-10-01 | 10.65% |
| 2011-07-02 | 15.69% |
| 2011-04-02 | 15.66% |
| 2010-12-31 | 14.05% |
| 2010-10-02 | 6.25% |
| 2010-07-03 | -1.79% |
| 2010-04-03 | -11.13% |
| 2009-12-31 | -20.22% |
| 2009-09-26 | -164.97% |
| 2009-06-27 | -159.67% |
| 2009-03-28 | -153.41% |
| 2008-12-31 | -140.02% |
| 2008-09-27 | -2.23% |
| 2008-06-28 | -1.93% |
| 2008-03-29 | 0.31% |
| 2007-12-31 | 2.06% |
| 2007-09-29 | 4.22% |
| 2007-06-30 | 5.93% |
| 2007-03-31 | 6.69% |
| 2006-12-31 | 2.89% |
| 2006-09-30 | 1.58% |
| 2006-07-01 | 0.01% |
| 2006-04-01 | -2.77% |
| 2005-12-31 | 2.37% |
| 2005-10-01 | 3.51% |
| 2005-07-02 | 3.87% |
| 2005-04-02 | 3.83% |
| 2004-12-31 | 3.43% |
| 2004-10-02 | 2.73% |
| 2004-07-03 | 1.89% |
| 2004-04-03 | 0.99% |
| 2003-12-31 | 0.26% |
| 2003-09-30 | -0.05% |
| 2003-06-30 | -2.92% |
