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 7.57% is 74% above its 5-year average of 4.34%, near the high end of its 5-year range (-0.37%–8.33%).
As of the fiscal period ended Friday, May 29, 2026. 81.56% above its 12-month average of 4.17%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q3 FY2026 (2026-05-29): 7.57%.
RETURN ON INVESTED CAPITAL (ROIC)
7.57%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
4.17%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
2.96%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
4.34%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
5.59%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
+81.56%
CURRENT VS 3Y AVG
+155.99%
CURRENT VS 5Y AVG
+74.34%
CURRENT VS 10Y AVG
+35.28%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
0.38%
median of 608 covered companies
CURRENT VS SECTOR MEDIAN
+1918.25%
vs the sector median at left
Penguin Solutions, Inc.
Market Cap
$3.29B
Return on Invested Capital (ROIC)
7.57%
TTM Avg
4.17%
3Y Avg
2.96%
5Y Avg
4.34%
Market Cap
$3.28B
Return on Invested Capital (ROIC)
2.27%
TTM Avg
3.06%
3Y Avg
3.17%
5Y Avg
5.51%
Market Cap
$3.27B
Return on Invested Capital (ROIC)
8.82%
TTM Avg
9.43%
3Y Avg
9.41%
5Y Avg
9.11%
Market Cap
$3.24B
Return on Invested Capital (ROIC)
-15.98%
TTM Avg
-39.63%
3Y Avg
-73.32%
5Y Avg
-79.00%
Market Cap
$3.35B
Return on Invested Capital (ROIC)
0.69%
TTM Avg
0.00%
3Y Avg
-12.19%
5Y Avg
-14.18%
Market Cap
$3.21B
Return on Invested Capital (ROIC)
8.56%
TTM Avg
5.16%
3Y Avg
5.04%
5Y Avg
5.56%
Market Cap
$3.40B
Return on Invested Capital (ROIC)
1.89%
TTM Avg
4.48%
3Y Avg
5.67%
5Y Avg
5.61%
Market Cap
$3.45B
Return on Invested Capital (ROIC)
-2.95%
TTM Avg
-6.55%
3Y Avg
-0.42%
5Y Avg
2.89%
Market Cap
$3.13B
Return on Invested Capital (ROIC)
-12.27%
TTM Avg
-27.45%
3Y Avg
-28.11%
5Y Avg
-29.97%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Penguin Solutions, Inc. (PENG) | $3.29B | 7.57% | 4.17% | 2.96% | 4.34% |
| Ultra Clean Holdings, Inc. (UCTT)vs › | $3.28B | 2.27% | 3.06% | 3.17% | 5.51% |
| OSI Systems, Inc. (OSIS)vs › | $3.27B | 8.82% | 9.43% | 9.41% | 9.11% |
| Ouster, Inc. (OUST)vs › | $3.24B | -15.98% | -39.63% | -73.32% | -79.00% |
| Life360, Inc. (LIF)vs › | $3.35B | 0.69% | 0.00% | -12.19% | -14.18% |
| Extreme Networks, Inc. (EXTR)vs › | $3.21B | 8.56% | 5.16% | 5.04% | 5.56% |
| Veeco Instruments Inc. (VECO)vs › | $3.40B | 1.89% | 4.48% | 5.67% | 5.61% |
| Cohu, Inc. (COHU)vs › | $3.45B | -2.95% | -6.55% | -0.42% | 2.89% |
| Navitas Semiconductor Corp (NVTS)vs › | $3.13B | -12.27% | -27.45% | -28.11% | -29.97% |
| Ionic Digital Inc. Class A (IOND)vs › | $3.11B | -11.63% | -11.63% | -11.63% | -11.63% |
ROIC
7.6%
ROE
22.0%
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) |
|---|---|
| 2026-05-29 | 7.57% |
| 2026-02-27 | 4.49% |
| 2025-11-28 | 3.63% |
| 2025-08-29 | 2.93% |
| 2025-05-30 | 2.23% |
| 2025-02-28 | 2.27% |
| 2024-11-29 | 2.97% |
| 2023-11-30 | -0.37% |
| 2023-08-31 | 0.78% |
| 2023-05-31 | 3.07% |
| 2023-02-28 | 3.33% |
| 2022-11-30 | 4.81% |
| 2022-08-31 | 8.33% |
| 2022-05-31 | 8.19% |
| 2022-02-28 | 5.21% |
| 2021-11-30 | 6.73% |
| 2021-08-31 | 4.16% |
| 2021-05-31 | 3.10% |
| 2021-02-28 | 5.29% |
| 2020-11-30 | 4.72% |
| 2020-08-31 | 4.51% |
| 2020-05-31 | 4.02% |
| 2020-02-29 | 3.39% |
| 2019-11-30 | 6.82% |
| 2019-08-31 | 14.09% |
| 2019-05-31 | 22.20% |
| 2019-02-28 | 29.31% |
| 2018-11-30 | 35.40% |
| 2018-08-31 | 36.50% |
| 2018-05-31 | 35.96% |
| 2018-02-28 | 28.59% |
| 2017-11-30 | 17.09% |
| 2017-08-31 | 11.27% |
| 2017-05-31 | 8.46% |
| 2017-02-28 | 9.18% |
