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 7.32% is 11% above its 5-year average of 6.57%, near the high end of its 5-year range (3.17%–7.59%).
As of the fiscal period ended Sunday, June 28, 2026. 8.10% above its 12-month average of 6.77%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-28): 7.32%.
RETURN ON INVESTED CAPITAL (ROIC)
7.32%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
6.77%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
6.85%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
6.57%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
7.52%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
8.04%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
8.56%
CURRENT VS TTM AVG
+8.10%
CURRENT VS 3Y AVG
+6.93%
CURRENT VS 5Y AVG
+11.40%
CURRENT VS 10Y AVG
-2.57%
CURRENT VS 15Y AVG
-8.95%
CURRENT VS 20Y AVG
-14.44%
SECTOR MEDIAN · TECHNOLOGY
8.17%
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
-10.37%
vs the sector median at left
Teledyne Technologies Incorporated
Market Cap
$27.74B
Return on Invested Capital (ROIC)
7.32%
TTM Avg
6.77%
3Y Avg
6.85%
5Y Avg
6.57%
Market Cap
$28.04B
Return on Invested Capital (ROIC)
17.90%
TTM Avg
21.06%
3Y Avg
6.52%
5Y Avg
1.49%
Market Cap
$27.29B
Return on Invested Capital (ROIC)
8.02%
TTM Avg
7.86%
3Y Avg
5.69%
5Y Avg
9.46%
Market Cap
$28.50B
Return on Invested Capital (ROIC)
5.23%
TTM Avg
9.06%
3Y Avg
13.88%
5Y Avg
12.30%
Market Cap
$28.50B
Return on Invested Capital (ROIC)
12.43%
TTM Avg
12.84%
3Y Avg
13.67%
5Y Avg
13.33%
Market Cap
$26.87B
Return on Invested Capital (ROIC)
N/A
TTM Avg
95.28%
3Y Avg
77.28%
5Y Avg
58.97%
Market Cap
$26.67B
Return on Invested Capital (ROIC)
6.47%
TTM Avg
8.44%
3Y Avg
7.30%
5Y Avg
5.83%
Market Cap
$26.65B
Return on Invested Capital (ROIC)
8.92%
TTM Avg
9.77%
3Y Avg
10.34%
5Y Avg
10.06%
Market Cap
$30.38B
Return on Invested Capital (ROIC)
-0.36%
TTM Avg
-5.98%
3Y Avg
-9.86%
5Y Avg
-12.39%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Teledyne Technologies Incorporated (TDY) | $27.74B | 7.32% | 6.77% | 6.85% | 6.57% |
| Credo Technology Group Holding Ltd (CRDO)vs › | $28.04B | 17.90% | 21.06% | 6.52% | 1.49% |
| Zoom Communications, Inc. (ZM)vs › | $27.29B | 8.02% | 7.86% | 5.69% | 9.46% |
| ON Semiconductor Corporation (ON)vs › | $28.50B | 5.23% | 9.06% | 13.88% | 12.30% |
| Cognizant Technology Solutions Corporation (CTSH)vs › | $28.50B | 12.43% | 12.84% | 13.67% | 13.33% |
| VeriSign, Inc. (VRSN)vs › | $26.87B | N/A | 95.28% | 77.28% | 58.97% |
| Fiserv, Inc. (FISV)vs › | $26.67B | 6.47% | 8.44% | 7.30% | 5.83% |
| Corpay, Inc. (CPAY)vs › | $26.65B | 8.92% | 9.77% | 10.34% | 10.06% |
| MongoDB, Inc. (MDB)vs › | $30.38B | -0.36% | -5.98% | -9.86% | -12.39% |
| HP Inc. (HPQ)vs › | $30.93B | 22.46% | 25.66% | 26.20% | 30.24% |
ROIC
7.3%
ROE
8.9%
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) |
|---|---|
| 2026-06-28 | 7.32% |
| 2026-03-29 | 6.94% |
| 2025-12-28 | 6.78% |
| 2025-09-28 | 6.19% |
| 2025-06-29 | 6.64% |
| 2025-03-30 | 6.47% |
| 2024-12-31 | 6.69% |
| 2024-09-29 | 7.59% |
| 2024-06-30 | 7.21% |
| 2024-03-31 | 7.04% |
| 2023-12-31 | 7.16% |
| 2023-10-01 | 6.59% |
| 2023-07-02 | 6.40% |
| 2023-04-02 | 6.08% |
| 2022-12-31 | 6.43% |
| 2022-10-02 | 6.14% |
| 2022-07-03 | 5.75% |
| 2022-04-03 | 4.89% |
| 2021-12-31 | 4.02% |
| 2021-10-03 | 3.63% |
| 2021-07-04 | 3.17% |
| 2021-04-04 | 6.30% |
| 2020-12-31 | 9.29% |
| 2020-09-27 | 9.44% |
| 2020-06-28 | 10.05% |
| 2020-03-29 | 10.78% |
| 2019-12-31 | 10.66% |
| 2019-09-29 | 10.20% |
| 2019-06-30 | 10.38% |
| 2019-03-31 | 10.09% |
| 2018-12-31 | 10.94% |
| 2018-09-30 | 10.00% |
| 2018-07-01 | 9.39% |
| 2018-04-01 | 8.52% |
| 2017-12-31 | 7.78% |
| 2017-10-01 | 7.29% |
| 2017-07-02 | 6.85% |
| 2017-04-02 | 6.12% |
| 2016-12-31 | 8.28% |
| 2016-10-02 | 8.35% |
| 2016-07-03 | 8.28% |
| 2016-04-03 | 8.96% |
| 2015-12-31 | 9.31% |
| 2015-09-27 | 9.13% |
| 2015-06-28 | 9.16% |
| 2015-03-29 | 9.32% |
| 2014-12-31 | 9.33% |
| 2014-09-28 | 9.10% |
| 2014-06-29 | 8.67% |
| 2014-03-30 | 8.55% |
| 2013-12-31 | 8.47% |
| 2013-09-29 | 8.62% |
| 2013-06-30 | 8.73% |
| 2013-03-31 | 8.37% |
| 2012-12-31 | 8.66% |
| 2012-09-30 | 7.98% |
| 2012-07-01 | 9.63% |
| 2012-04-01 | 9.74% |
| 2011-12-31 | 10.22% |
| 2011-10-02 | 10.62% |
| 2011-07-03 | 9.86% |
| 2011-04-03 | 8.30% |
| 2010-12-31 | 9.96% |
| 2010-10-03 | 9.45% |
| 2010-07-04 | 10.29% |
| 2010-04-04 | 10.30% |
| 2009-12-31 | 10.70% |
| 2009-09-27 | 9.04% |
| 2009-06-28 | 8.46% |
| 2009-03-29 | 9.23% |
| 2008-12-31 | 9.74% |
| 2008-09-28 | 11.14% |
| 2008-06-29 | 10.76% |
| 2008-03-30 | 10.44% |
| 2007-12-31 | 11.93% |
| 2007-09-30 | 11.48% |
| 2007-07-01 | 10.70% |
| 2007-04-01 | 10.22% |
| 2006-12-31 | 9.92% |
| 2006-10-01 | 9.29% |
| 2006-07-02 | 11.27% |
| 2006-04-02 | 10.67% |
| 2005-12-31 | 11.39% |
| 2005-10-02 | 10.91% |
| 2005-07-03 | 10.92% |
| 2005-04-03 | 10.09% |
| 2004-12-31 | 35.21% |
| 2004-09-26 | 37.01% |
| 2004-06-27 | 41.36% |
| 2004-03-28 | 51.50% |
| 2003-12-31 | 10.26% |
| 2003-09-28 | 10.19% |
| 2003-06-29 | 9.74% |
