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 7.99% is 28% below its 5-year average of 11.12%, near the low end of its 5-year range (7.96%–14.47%).
As of the fiscal period ended Sunday, May 31, 2026. 14.23% below its 12-month average of 9.32%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q4 FY2026 (2026-05-31): 7.99%.
RETURN ON INVESTED CAPITAL (ROIC)
7.99%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
9.32%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
11.08%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
11.12%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
10.59%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
11.90%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
12.64%
CURRENT VS TTM AVG
-14.23%
CURRENT VS 3Y AVG
-27.86%
CURRENT VS 5Y AVG
-28.11%
CURRENT VS 10Y AVG
-24.49%
CURRENT VS 15Y AVG
-32.79%
CURRENT VS 20Y AVG
-36.76%
SECTOR MEDIAN · TECHNOLOGY
8.17%
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
-2.15%
vs the sector median at left
Oracle Corporation
Market Cap
$465.77B
Return on Invested Capital (ROIC)
7.99%
TTM Avg
9.32%
3Y Avg
11.08%
5Y Avg
11.12%
Market Cap
$431.31B
Return on Invested Capital (ROIC)
12.96%
TTM Avg
12.31%
3Y Avg
13.13%
5Y Avg
13.79%
Market Cap
$535.87B
Return on Invested Capital (ROIC)
0.05%
TTM Avg
-3.55%
3Y Avg
-1.38%
5Y Avg
1.34%
Market Cap
$394.98B
Return on Invested Capital (ROIC)
40.77%
TTM Avg
37.48%
3Y Avg
33.35%
5Y Avg
33.83%
Market Cap
$389.25B
Return on Invested Capital (ROIC)
25.60%
TTM Avg
11.80%
3Y Avg
5.23%
5Y Avg
-8.54%
Market Cap
$372.25B
Return on Invested Capital (ROIC)
23.58%
TTM Avg
23.96%
3Y Avg
27.87%
5Y Avg
28.45%
Market Cap
$355.67B
Return on Invested Capital (ROIC)
22.65%
TTM Avg
14.86%
3Y Avg
12.60%
5Y Avg
11.91%
Market Cap
$282.20B
Return on Invested Capital (ROIC)
7.33%
TTM Avg
8.81%
3Y Avg
7.18%
5Y Avg
7.18%
Market Cap
$273.11B
Return on Invested Capital (ROIC)
1.03%
TTM Avg
3.35%
3Y Avg
3.82%
5Y Avg
1.38%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Oracle Corporation (ORCL) | $465.77B | 7.99% | 9.32% | 11.08% | 11.12% |
| Cisco Systems, Inc. (CSCO)vs › | $431.31B | 12.96% | 12.31% | 13.13% | 13.79% |
| Intel Corp. (INTC)vs › | $535.87B | 0.05% | -3.55% | -1.38% | 1.34% |
| Lam Research Corporation (LRCX)vs › | $394.98B | 40.77% | 37.48% | 33.35% | 33.83% |
| Palantir Technologies Inc. (PLTR)vs › | $389.25B | 25.60% | 11.80% | 5.23% | -8.54% |
| Applied Materials, Inc. (AMAT)vs › | $372.25B | 23.58% | 23.96% | 27.87% | 28.45% |
| Dell Technologies Inc. (DELL)vs › | $355.67B | 22.65% | 14.86% | 12.60% | 11.91% |
| Arm Holdings plc American Depositary Shares (ARM)vs › | $282.20B | 7.33% | 8.81% | 7.18% | 7.18% |
| Palo Alto Networks, Inc. (PANW)vs › | $273.11B | 1.03% | 3.35% | 3.82% | 1.38% |
| ASML Holding N.V. (ASML)vs › | $666.59B | 37.49% | 30.16% | 30.41% | 28.27% |
ROIC
8.0%
ROE
40.2%
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) |
|---|---|
| 2026-05-31 | 7.99% |
| 2026-02-28 | 8.02% |
| 2025-11-30 | 9.36% |
| 2025-08-31 | 10.36% |
| 2025-05-31 | 10.87% |
| 2025-02-28 | 10.87% |
| 2024-11-30 | 11.48% |
| 2024-08-31 | 11.58% |
| 2024-05-31 | 11.40% |
| 2024-02-29 | 12.10% |
| 2023-11-30 | 11.98% |
| 2023-08-31 | 11.32% |
| 2023-05-31 | 10.58% |
| 2023-02-28 | 10.24% |
| 2022-11-30 | 10.81% |
| 2022-08-31 | 7.96% |
| 2022-05-31 | 10.26% |
| 2022-02-28 | 10.78% |
| 2021-11-30 | 11.85% |
| 2021-08-31 | 14.47% |
| 2021-05-31 | 13.21% |
| 2021-02-28 | 14.46% |
| 2020-11-30 | 12.83% |
| 2020-08-31 | 12.25% |
| 2020-05-31 | 11.60% |
| 2020-02-29 | 14.51% |
| 2019-11-30 | 14.43% |
| 2019-08-31 | 13.43% |
| 2019-05-31 | 12.93% |
| 2019-02-28 | 12.20% |
| 2018-11-30 | 7.15% |
| 2018-08-31 | 6.60% |
| 2018-05-31 | 6.05% |
| 2018-02-28 | 5.81% |
| 2017-11-30 | 8.50% |
| 2017-08-31 | 8.97% |
| 2017-05-31 | 8.54% |
| 2017-02-28 | 8.65% |
| 2016-11-30 | 8.73% |
| 2016-08-31 | 9.01% |
| 2016-05-31 | 9.93% |
| 2016-02-29 | 10.51% |
| 2015-11-30 | 10.65% |
| 2015-08-31 | 10.77% |
| 2015-05-31 | 11.00% |
| 2015-02-28 | 13.41% |
| 2014-11-30 | 13.68% |
| 2014-08-31 | 13.68% |
| 2014-05-31 | 15.30% |
| 2014-01-31 | 15.62% |
| 2013-11-30 | 15.83% |
| 2013-08-31 | 15.91% |
| 2013-05-31 | 16.58% |
| 2013-02-28 | 16.41% |
| 2012-11-30 | 16.28% |
| 2012-08-31 | 16.79% |
| 2012-05-31 | 16.02% |
| 2012-02-29 | 16.40% |
| 2011-11-30 | 16.03% |
| 2011-08-31 | 15.74% |
| 2011-05-31 | 14.90% |
| 2011-02-28 | 14.53% |
| 2010-11-30 | 13.03% |
| 2010-08-31 | 12.91% |
| 2010-05-31 | 13.48% |
| 2010-02-28 | 12.52% |
| 2009-11-30 | 13.44% |
| 2009-08-31 | 13.51% |
| 2009-05-31 | 15.13% |
| 2009-02-28 | 15.84% |
| 2008-11-30 | 15.67% |
| 2008-08-31 | 14.89% |
| 2008-05-31 | 14.46% |
| 2008-02-29 | 16.68% |
| 2007-11-30 | 16.40% |
| 2007-08-31 | 16.21% |
| 2007-05-31 | 16.07% |
| 2007-02-28 | 17.08% |
| 2006-11-30 | 15.90% |
| 2006-08-31 | 15.60% |
| 2006-05-31 | 14.96% |
| 2006-02-28 | 13.43% |
| 2005-11-30 | 19.55% |
| 2005-08-31 | 19.75% |
| 2005-05-31 | 18.71% |
| 2005-02-28 | 15.01% |
| 2004-11-30 | 31.60% |
| 2004-08-31 | 32.10% |
| 2004-05-31 | 30.91% |
| 2004-02-29 | 31.37% |
| 2003-11-30 | 30.62% |
| 2003-08-31 | 32.63% |
| 2003-05-31 | 32.83% |
