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 1.88% is 86% below its 5-year average of 13.29%, near the low end of its 5-year range (0.77%–24.16%).
As of the fiscal period ended Tuesday, June 30, 2026. 19.16% above its 12-month average of 1.58%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 1.88%.
RETURN ON INVESTED CAPITAL (ROIC)
1.88%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
1.58%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
9.46%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
13.29%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
11.32%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
7.83%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
5.17%
CURRENT VS TTM AVG
+19.16%
CURRENT VS 3Y AVG
-80.14%
CURRENT VS 5Y AVG
-85.87%
CURRENT VS 10Y AVG
-83.42%
CURRENT VS 15Y AVG
-76.01%
CURRENT VS 20Y AVG
-63.72%
SECTOR MEDIAN · TECHNOLOGY
8.17%
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
-77.02%
vs the sector median at left
STMicroelectronics N.V.
Market Cap
$44.79B
Return on Invested Capital (ROIC)
1.88%
TTM Avg
1.58%
3Y Avg
9.46%
5Y Avg
13.29%
Market Cap
$44.39B
Return on Invested Capital (ROIC)
-0.36%
TTM Avg
1.00%
3Y Avg
0.55%
5Y Avg
0.55%
Market Cap
$45.40B
Return on Invested Capital (ROIC)
4.78%
TTM Avg
6.63%
3Y Avg
3.67%
5Y Avg
2.70%
Market Cap
$45.81B
Return on Invested Capital (ROIC)
21.19%
TTM Avg
18.64%
3Y Avg
17.32%
5Y Avg
15.98%
Market Cap
$42.27B
Return on Invested Capital (ROIC)
10.40%
TTM Avg
9.27%
3Y Avg
9.56%
5Y Avg
11.34%
Market Cap
$49.37B
Return on Invested Capital (ROIC)
11.56%
TTM Avg
4.13%
3Y Avg
4.91%
5Y Avg
6.51%
Market Cap
$39.79B
Return on Invested Capital (ROIC)
5.01%
TTM Avg
2.13%
3Y Avg
8.76%
5Y Avg
8.73%
Market Cap
$50.44B
Return on Invested Capital (ROIC)
0.22%
TTM Avg
-2.17%
3Y Avg
-6.29%
5Y Avg
-2.37%
Market Cap
$38.81B
Return on Invested Capital (ROIC)
21.27%
TTM Avg
18.05%
3Y Avg
16.87%
5Y Avg
16.06%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| STMicroelectronics N.V. (STM) | $44.79B | 1.88% | 1.58% | 9.46% | 13.29% |
| CoreWeave, Inc. Class A Common Stock (CRWV)vs › | $44.39B | -0.36% | 1.00% | 0.55% | 0.55% |
| Block, Inc. (XYZ)vs › | $45.40B | 4.78% | 6.63% | 3.67% | 2.70% |
| Autodesk, Inc. (ADSK)vs › | $45.81B | 21.19% | 18.64% | 17.32% | 15.98% |
| Veeva Systems Inc. (VEEV)vs › | $42.27B | 10.40% | 9.27% | 9.56% | 11.34% |
| Ciena Corporation (CIEN)vs › | $49.37B | 11.56% | 4.13% | 4.91% | 6.51% |
| Microchip Technology Incorporated (MCHP)vs › | $39.79B | 5.01% | 2.13% | 8.76% | 8.73% |
| Atlassian Corporation (TEAM)vs › | $50.44B | 0.22% | -2.17% | -6.29% | -2.37% |
| NetApp, Inc. (NTAP)vs › | $38.81B | 21.27% | 18.05% | 16.87% | 16.06% |
| Workday, Inc. (WDAY)vs › | $50.78B | 11.40% | 4.37% | 1.96% | 0.29% |
ROIC
1.9%
ROE
2.6%
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 | 1.88% |
| 2026-03-31 | 1.09% |
| 2025-12-31 | 0.77% |
| 2025-09-30 | 1.73% |
| 2025-06-30 | 2.41% |
| 2025-03-31 | 4.05% |
| 2024-12-31 | 6.36% |
| 2024-09-30 | 9.52% |
| 2024-06-30 | 12.84% |
| 2024-03-31 | 16.33% |
| 2023-12-31 | 19.52% |
| 2023-09-30 | 22.52% |
| 2023-06-30 | 23.89% |
| 2023-04-01 | 24.16% |
| 2022-12-31 | 24.05% |
| 2022-10-01 | 23.70% |
| 2022-06-30 | 21.19% |
| 2022-03-31 | 18.45% |
| 2021-12-31 | 16.30% |
| 2021-09-30 | 15.65% |
| 2021-06-30 | 12.69% |
| 2021-03-31 | 10.54% |
| 2020-12-31 | 9.42% |
| 2020-09-30 | 8.19% |
| 2020-06-30 | 9.79% |
| 2020-03-31 | 10.53% |
| 2019-12-31 | 10.48% |
| 2019-09-30 | 11.02% |
| 2019-06-30 | 10.85% |
| 2019-03-31 | 13.02% |
| 2018-12-31 | 14.66% |
| 2018-09-30 | 14.50% |
| 2018-06-30 | 11.85% |
| 2018-03-31 | 12.86% |
| 2017-12-31 | 11.65% |
| 2017-09-30 | 8.99% |
| 2017-06-30 | 6.77% |
| 2017-03-31 | 4.92% |
| 2016-12-31 | 2.80% |
| 2016-09-30 | 1.01% |
| 2016-06-30 | 1.19% |
| 2016-03-31 | 1.37% |
| 2015-12-31 | 1.60% |
| 2015-09-30 | 1.74% |
| 2015-06-30 | 0.85% |
| 2015-03-31 | 2.17% |
| 2014-12-31 | 2.27% |
| 2014-09-30 | 1.53% |
| 2014-06-30 | 0.21% |
| 2014-03-31 | -2.56% |
| 2013-12-31 | -6.28% |
| 2013-09-30 | -15.98% |
| 2013-06-30 | -25.45% |
| 2013-03-31 | -26.15% |
| 2012-12-31 | -24.46% |
| 2012-09-30 | -17.14% |
| 2012-06-30 | -7.71% |
| 2012-03-31 | -4.24% |
| 2011-12-31 | 0.25% |
| 2011-09-30 | 2.73% |
| 2011-06-30 | 4.05% |
| 2011-03-31 | 4.20% |
| 2010-12-31 | 3.41% |
| 2010-09-30 | 1.55% |
| 2010-06-30 | -0.62% |
| 2010-03-31 | -5.98% |
| 2009-12-31 | -8.87% |
| 2009-09-30 | -9.64% |
| 2009-06-30 | -7.50% |
| 2009-03-31 | -4.09% |
| 2008-12-31 | -1.67% |
| 2008-09-30 | -0.61% |
| 2008-06-30 | 0.41% |
| 2008-03-31 | -5.28% |
| 2007-12-31 | -4.43% |
| 2007-09-30 | -2.93% |
| 2007-06-30 | -2.94% |
| 2007-03-31 | 4.77% |
| 2006-12-31 | 5.46% |
| 2006-09-30 | 5.37% |
| 2006-06-30 | 4.03% |
| 2006-03-31 | 3.13% |
| 2005-12-31 | 2.22% |
| 2005-09-30 | 2.34% |
| 2005-06-30 | 3.41% |
| 2005-03-31 | 4.51% |
| 2004-12-31 | 5.34% |
| 2004-09-30 | 5.53% |
| 2004-06-30 | 4.27% |
| 2004-03-31 | 3.67% |
| 2003-12-31 | 4.00% |
| 2003-09-30 | 4.55% |
| 2003-06-30 | 5.11% |
