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 0.22% is 106% above its 5-year average of -3.94%, around the middle of its 5-year range (-17.98%–11.33%).
As of the fiscal period ended Tuesday, June 30, 2026. 104.08% above its 12-month average of -5.41%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
0.22%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-5.41%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-7.25%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-3.94%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-3.83%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
+104.08%
CURRENT VS 3Y AVG
+103.04%
CURRENT VS 5Y AVG
+105.61%
CURRENT VS 10Y AVG
+105.77%
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
-97.30%
vs the sector median at left
Atlassian Corporation
Market Cap
$47.55B
Return on Invested Capital (ROIC)
0.22%
TTM Avg
-5.41%
3Y Avg
-7.25%
5Y Avg
-3.94%
Market Cap
$48.10B
Return on Invested Capital (ROIC)
11.56%
TTM Avg
4.13%
3Y Avg
4.91%
5Y Avg
6.51%
Market Cap
$46.94B
Return on Invested Capital (ROIC)
4.78%
TTM Avg
6.63%
3Y Avg
3.67%
5Y Avg
2.70%
Market Cap
$48.35B
Return on Invested Capital (ROIC)
11.40%
TTM Avg
4.37%
3Y Avg
1.96%
5Y Avg
0.29%
Market Cap
$46.13B
Return on Invested Capital (ROIC)
1.88%
TTM Avg
3.59%
3Y Avg
12.69%
5Y Avg
12.76%
Market Cap
$44.57B
Return on Invested Capital (ROIC)
-0.07%
TTM Avg
-3.67%
3Y Avg
-17.72%
5Y Avg
-16.03%
Market Cap
$43.99B
Return on Invested Capital (ROIC)
21.19%
TTM Avg
18.64%
3Y Avg
17.32%
5Y Avg
15.98%
Market Cap
$42.71B
Return on Invested Capital (ROIC)
10.40%
TTM Avg
9.27%
3Y Avg
9.56%
5Y Avg
11.34%
Market Cap
$52.54B
Return on Invested Capital (ROIC)
15.47%
TTM Avg
0.21%
3Y Avg
-13.24%
5Y Avg
-13.24%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Atlassian Corporation (TEAM) | $47.55B | 0.22% | -5.41% | -7.25% | -3.94% |
| Ciena Corporation (CIEN)vs › | $48.10B | 11.56% | 4.13% | 4.91% | 6.51% |
| Block, Inc. (XYZ)vs › | $46.94B | 4.78% | 6.63% | 3.67% | 2.70% |
| Workday, Inc. (WDAY)vs › | $48.35B | 11.40% | 4.37% | 1.96% | 0.29% |
| STMicroelectronics N.V. (STM)vs › | $46.13B | 1.88% | 3.59% | 12.69% | 12.76% |
| Strategy Inc (MSTR)vs › | $44.57B | -0.07% | -3.67% | -17.72% | -16.03% |
| Autodesk, Inc. (ADSK)vs › | $43.99B | 21.19% | 18.64% | 17.32% | 15.98% |
| Veeva Systems Inc. (VEEV)vs › | $42.71B | 10.40% | 9.27% | 9.56% | 11.34% |
| Astera Labs, Inc. Common Stock (ALAB)vs › | $52.54B | 15.47% | 0.21% | -13.24% | -13.24% |
| Garmin Ltd. (GRMN)vs › | $52.84B | 18.76% | 16.46% | 15.58% | 15.92% |
ROIC
0.2%
ROE
-5.1%
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 | 0.22% |
| 2026-03-31 | -9.87% |
| 2025-12-31 | -6.01% |
| 2025-09-30 | -6.83% |
| 2025-06-30 | -4.56% |
| 2025-03-31 | -5.84% |
| 2024-12-31 | -5.02% |
| 2024-09-30 | -5.09% |
| 2024-06-30 | -4.50% |
| 2024-03-31 | -3.80% |
| 2023-12-31 | -11.75% |
| 2023-09-30 | -14.85% |
| 2023-06-30 | -16.31% |
| 2023-03-31 | -17.98% |
| 2022-12-31 | -8.31% |
| 2022-09-30 | -2.21% |
| 2022-06-30 | 2.84% |
| 2022-03-31 | 6.14% |
| 2021-12-31 | 9.43% |
| 2021-09-30 | 11.33% |
| 2021-06-30 | 10.33% |
| 2021-03-31 | 8.11% |
| 2020-12-31 | 1.36% |
| 2020-09-30 | 1.61% |
| 2020-06-30 | 0.80% |
| 2020-03-31 | -0.76% |
| 2019-12-31 | -1.09% |
| 2019-09-30 | -3.65% |
| 2019-06-30 | -4.22% |
| 2019-03-31 | -1.57% |
| 2018-12-31 | -0.86% |
| 2018-09-30 | -1.37% |
| 2018-06-30 | -2.47% |
| 2018-03-31 | -7.92% |
| 2017-12-31 | -9.48% |
| 2017-09-30 | -7.85% |
| 2017-06-30 | -6.59% |
| 2017-03-31 | -4.53% |
| 2016-12-31 | -2.92% |
| 2016-09-30 | -2.23% |
| 2016-06-30 | -0.78% |
| 2016-03-31 | 0.12% |
| 2015-12-31 | 0.59% |
| 2015-09-30 | 2.16% |
| 2015-06-30 | 0.04% |