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 51.40% is 143% above its 5-year average of 21.12%, near the high end of its 5-year range (-12.24%–51.40%).
As of the fiscal period ended Friday, July 3, 2026. 19.63% above its 12-month average of 42.96%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
51.40%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
42.96%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
22.33%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
21.12%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
20.07%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
22.59%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
20.77%
CURRENT VS TTM AVG
+19.63%
CURRENT VS 3Y AVG
+130.13%
CURRENT VS 5Y AVG
+143.31%
CURRENT VS 10Y AVG
+156.08%
CURRENT VS 15Y AVG
+127.49%
CURRENT VS 20Y AVG
+147.47%
SECTOR MEDIAN · TECHNOLOGY
8.17%
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
+529.11%
vs the sector median at left
Seagate Technology Holdings plc
Market Cap
$198.65B
Return on Invested Capital (ROIC)
51.40%
TTM Avg
42.96%
3Y Avg
22.33%
5Y Avg
21.12%
Market Cap
$199.97B
Return on Invested Capital (ROIC)
8.78%
TTM Avg
8.41%
3Y Avg
5.81%
5Y Avg
4.14%
Market Cap
$200.58B
Return on Invested Capital (ROIC)
15.10%
TTM Avg
15.01%
3Y Avg
15.20%
5Y Avg
14.59%
Market Cap
$205.81B
Return on Invested Capital (ROIC)
5.44%
TTM Avg
1.03%
3Y Avg
-0.05%
5Y Avg
-0.75%
Market Cap
$211.59B
Return on Invested Capital (ROIC)
-1.57%
TTM Avg
-2.75%
3Y Avg
-3.01%
5Y Avg
-3.90%
Market Cap
$185.22B
Return on Invested Capital (ROIC)
17.42%
TTM Avg
18.97%
3Y Avg
22.79%
5Y Avg
23.23%
Market Cap
$177.82B
Return on Invested Capital (ROIC)
9.62%
TTM Avg
4.73%
3Y Avg
5.67%
5Y Avg
5.29%
Market Cap
$226.06B
Return on Invested Capital (ROIC)
10.12%
TTM Avg
9.80%
3Y Avg
8.91%
5Y Avg
7.63%
Market Cap
$166.23B
Return on Invested Capital (ROIC)
40.19%
TTM Avg
39.70%
3Y Avg
19.73%
5Y Avg
12.92%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Seagate Technology Holdings plc (STX) | $198.65B | 51.40% | 42.96% | 22.33% | 21.12% |
| Salesforce, Inc. (CRM)vs › | $199.97B | 8.78% | 8.41% | 5.81% | 4.14% |
| Amphenol Corporation (APH)vs › | $200.58B | 15.10% | 15.01% | 15.20% | 14.59% |
| Marvell Technology, Inc. (MRVL)vs › | $205.81B | 5.44% | 1.03% | -0.05% | -0.75% |
| CrowdStrike Holdings, Inc. (CRWD)vs › | $211.59B | -1.57% | -2.75% | -3.01% | -3.90% |
| QUALCOMM Incorporated (QCOM)vs › | $185.22B | 17.42% | 18.97% | 22.79% | 23.23% |
| Analog Devices, Inc. (ADI)vs › | $177.82B | 9.62% | 4.73% | 5.67% | 5.29% |
| International Business Machines Corporation (IBM)vs › | $226.06B | 10.12% | 9.80% | 8.91% | 7.63% |
| Western Digital Corporation (WDC)vs › | $166.23B | 40.19% | 39.70% | 19.73% | 12.92% |
| Shopify Inc. (SHOP)vs › | $164.53B | 11.67% | 8.12% | -0.45% | 0.23% |
ROIC
51.4%
ROE
146.9%
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) |
|---|---|
| 2026-07-03 | 51.40% |
| 2026-04-03 | 45.80% |
| 2026-01-02 | 39.01% |
| 2025-10-03 | 35.65% |
| 2025-06-27 | 34.14% |
| 2025-03-28 | 30.43% |
| 2024-12-27 | 23.03% |
| 2024-09-27 | 16.88% |
| 2024-06-28 | 6.65% |
| 2024-03-29 | 3.63% |
| 2023-12-29 | -6.36% |
| 2023-09-29 | -12.24% |
| 2023-06-30 | -6.80% |
| 2023-03-31 | -0.15% |
| 2022-12-30 | 12.68% |
| 2022-09-30 | 23.73% |
| 2022-06-30 | 32.15% |
| 2022-04-01 | 32.69% |
| 2021-12-31 | 30.37% |
| 2021-10-01 | 29.82% |
| 2021-06-30 | 24.24% |
| 2021-04-02 | 21.10% |
| 2021-01-01 | 19.05% |
| 2020-10-02 | 19.93% |
| 2020-06-30 | 20.31% |
| 2020-04-03 | 22.19% |
| 2020-01-03 | 19.64% |
| 2019-10-04 | 20.31% |
| 2019-06-30 | 22.35% |
| 2019-03-29 | 24.79% |
| 2018-12-28 | 27.92% |
| 2018-09-28 | 23.30% |
| 2018-06-30 | 20.27% |
| 2018-03-30 | 15.98% |
| 2017-12-29 | 13.50% |
| 2017-09-29 | 15.84% |
| 2017-06-30 | 15.02% |
| 2017-03-31 | 13.11% |
| 2016-12-30 | 11.50% |
| 2016-09-30 | 9.01% |
| 2016-06-30 | 6.69% |
| 2016-04-01 | 7.69% |
| 2016-01-01 | 13.07% |
| 2015-10-02 | 23.02% |
| 2015-06-30 | 24.27% |
| 2015-04-03 | 27.69% |
| 2015-01-02 | 27.36% |
| 2014-10-03 | 24.47% |
| 2014-06-30 | 25.04% |
| 2014-03-28 | 27.91% |
| 2013-12-27 | 28.51% |
| 2013-09-27 | 28.47% |
| 2013-06-30 | 31.51% |
| 2013-03-29 | 43.27% |
| 2012-12-28 | 55.82% |
| 2012-09-28 | 51.22% |
| 2012-06-30 | 46.00% |
| 2012-03-30 | 31.94% |
| 2011-12-30 | 16.94% |
| 2011-09-30 | 11.26% |
| 2011-06-30 | 11.25% |
| 2011-04-01 | 16.97% |
| 2010-12-31 | 22.81% |
| 2010-10-01 | 32.22% |
| 2010-06-30 | 31.19% |
| 2010-04-02 | 26.25% |
| 2010-01-01 | 10.84% |
| 2009-10-02 | -57.28% |
| 2009-06-30 | -57.33% |
| 2009-04-03 | -55.25% |
| 2009-01-02 | -38.79% |
| 2008-10-03 | 14.19% |
| 2008-06-30 | 18.17% |
| 2008-03-28 | 18.72% |
| 2007-12-28 | 16.12% |
| 2007-09-28 | 13.24% |
| 2007-06-30 | 8.57% |
| 2007-03-30 | 5.80% |
| 2006-12-29 | 6.26% |
| 2006-09-29 | 6.89% |
| 2006-06-30 | 12.15% |
| 2006-03-31 | 26.40% |
| 2005-12-30 | 28.18% |
| 2005-09-30 | 24.13% |
| 2005-06-30 | 20.11% |
| 2005-04-01 | 12.21% |
| 2004-12-31 | 7.60% |
| 2004-10-01 | 10.57% |
| 2004-06-30 | 16.46% |
| 2004-04-02 | 23.79% |
| 2004-01-02 | 29.54% |
| 2003-10-03 | 32.11% |
| 2003-06-30 | 31.15% |