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 64.29% is 251% above its 2-year average of 18.32%, near the high end of its 2-year range (-3.84%–64.29%).
As of the fiscal period ended Friday, July 3, 2026. 134.73% above its 12-month average of 27.39%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q4 FY2026 (2026-07-03): 64.29%.
RETURN ON INVESTED CAPITAL (ROIC)
64.29%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
27.39%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
+134.73%
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
8.17%
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
+686.88%
vs the sector median at left
Sandisk Corporation
Market Cap
$225.09B
Return on Invested Capital (ROIC)
64.29%
TTM Avg
27.39%
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$223.75B
Return on Invested Capital (ROIC)
10.12%
TTM Avg
9.80%
3Y Avg
8.91%
5Y Avg
7.63%
Market Cap
$218.62B
Return on Invested Capital (ROIC)
35.75%
TTM Avg
36.17%
3Y Avg
33.56%
5Y Avg
32.79%
Market Cap
$238.06B
Return on Invested Capital (ROIC)
18.81%
TTM Avg
15.57%
3Y Avg
22.12%
5Y Avg
25.71%
Market Cap
$205.19B
Return on Invested Capital (ROIC)
8.78%
TTM Avg
8.41%
3Y Avg
5.81%
5Y Avg
4.14%
Market Cap
$245.77B
Return on Invested Capital (ROIC)
-1.57%
TTM Avg
-2.75%
3Y Avg
-3.01%
5Y Avg
-3.90%
Market Cap
$248.43B
Return on Invested Capital (ROIC)
13.02%
TTM Avg
8.86%
3Y Avg
7.92%
5Y Avg
8.43%
Market Cap
$248.74B
Return on Invested Capital (ROIC)
21.80%
TTM Avg
22.69%
3Y Avg
23.35%
5Y Avg
21.10%
Market Cap
$201.17B
Return on Invested Capital (ROIC)
5.44%
TTM Avg
1.03%
3Y Avg
-0.05%
5Y Avg
-0.75%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Sandisk Corporation (SNDK) | $225.09B | 64.29% | 27.39% | N/A | N/A |
| International Business Machines Corporation (IBM)vs › | $223.75B | 10.12% | 9.80% | 8.91% | 7.63% |
| KLA Corporation (KLAC)vs › | $218.62B | 35.75% | 36.17% | 33.56% | 32.79% |
| Texas Instruments Incorporated (TXN)vs › | $238.06B | 18.81% | 15.57% | 22.12% | 25.71% |
| Salesforce, Inc. (CRM)vs › | $205.19B | 8.78% | 8.41% | 5.81% | 4.14% |
| CrowdStrike Holdings, Inc. (CRWD)vs › | $245.77B | -1.57% | -2.75% | -3.01% | -3.90% |
| SAP SE (SAP)vs › | $248.43B | 13.02% | 8.86% | 7.92% | 8.43% |
| Arista Networks, Inc. (ANET)vs › | $248.74B | 21.80% | 22.69% | 23.35% | 21.10% |
| Marvell Technology, Inc. (MRVL)vs › | $201.17B | 5.44% | 1.03% | -0.05% | -0.75% |
| QUALCOMM Incorporated (QCOM)vs › | $194.08B | 17.42% | 18.97% | 22.79% | 23.23% |
ROIC
64.3%
ROE
72.7%
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) |
|---|---|
| 2026-07-03 | 64.29% |
| 2026-04-03 | 31.10% |
| 2026-01-02 | 10.94% |
| 2025-10-03 | 3.23% |
| 2025-06-27 | 4.18% |
| 2024-06-30 | -3.84% |
