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 13.59% is in line with its 5-year average of 12.91%, near the high end of its 5-year range (7.87%–15.47%).
As of the fiscal period ended Friday, June 26, 2026. 28.98% above its 12-month average of 10.54%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q3 FY2026 (2026-06-26): 13.59%.
RETURN ON INVESTED CAPITAL (ROIC)
13.59%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
10.54%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
12.07%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
12.91%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
11.97%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
11.17%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
10.14%
CURRENT VS TTM AVG
+28.98%
CURRENT VS 3Y AVG
+12.60%
CURRENT VS 5Y AVG
+5.32%
CURRENT VS 10Y AVG
+13.58%
CURRENT VS 15Y AVG
+21.71%
CURRENT VS 20Y AVG
+34.07%
SECTOR MEDIAN · TECHNOLOGY
8.17%
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
+66.38%
vs the sector median at left
TE Connectivity plc
Market Cap
$59.43B
Return on Invested Capital (ROIC)
13.59%
TTM Avg
10.54%
3Y Avg
12.07%
5Y Avg
12.91%
Market Cap
$59.30B
Return on Invested Capital (ROIC)
18.22%
TTM Avg
15.76%
3Y Avg
18.62%
5Y Avg
17.70%
Market Cap
$60.92B
Return on Invested Capital (ROIC)
8.07%
TTM Avg
8.05%
3Y Avg
11.99%
5Y Avg
11.16%
Market Cap
$61.50B
Return on Invested Capital (ROIC)
5.11%
TTM Avg
3.84%
3Y Avg
2.70%
5Y Avg
3.59%
Market Cap
$57.10B
Return on Invested Capital (ROIC)
12.04%
TTM Avg
7.80%
3Y Avg
11.92%
5Y Avg
12.12%
Market Cap
$57.04B
Return on Invested Capital (ROIC)
12.71%
TTM Avg
11.97%
3Y Avg
13.63%
5Y Avg
11.52%
Market Cap
$56.47B
Return on Invested Capital (ROIC)
30.79%
TTM Avg
17.85%
3Y Avg
18.95%
5Y Avg
22.86%
Market Cap
$53.36B
Return on Invested Capital (ROIC)
-2.24%
TTM Avg
-9.09%
3Y Avg
-6.87%
5Y Avg
-4.75%
Market Cap
$52.82B
Return on Invested Capital (ROIC)
18.76%
TTM Avg
16.46%
3Y Avg
15.58%
5Y Avg
15.92%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| TE Connectivity plc (TEL) | $59.43B | 13.59% | 10.54% | 12.07% | 12.91% |
| Monolithic Power Systems, Inc. (MPWR)vs › | $59.30B | 18.22% | 15.76% | 18.62% | 17.70% |
| United Microelectronics Corporation (UMC)vs › | $60.92B | 8.07% | 8.05% | 11.99% | 11.16% |
| Coherent, Inc. (COHR)vs › | $61.50B | 5.11% | 3.84% | 2.70% | 3.59% |
| Keysight Technologies, Inc. (KEYS)vs › | $57.10B | 12.04% | 7.80% | 11.92% | 12.12% |
| NXP Semiconductors N.V. (NXPI)vs › | $57.04B | 12.71% | 11.97% | 13.63% | 11.52% |
| Teradyne, Inc. (TER)vs › | $56.47B | 30.79% | 17.85% | 18.95% | 22.86% |
| Nebius Group N.V. (NBIS)vs › | $53.36B | -2.24% | -9.09% | -6.87% | -4.75% |
| Garmin Ltd. (GRMN)vs › | $52.82B | 18.76% | 16.46% | 15.58% | 15.92% |
| Workday, Inc. (WDAY)vs › | $51.03B | 11.40% | 4.37% | 1.96% | 0.29% |
ROIC
13.6%
ROE
22.8%
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) |
|---|---|
| 2026-06-26 | 13.59% |
| 2026-03-27 | 13.30% |
| 2025-12-26 | 9.42% |
| 2025-09-26 | 8.46% |
| 2025-06-27 | 7.93% |
| 2025-03-28 | 7.87% |
| 2024-12-27 | 10.32% |
| 2024-09-27 | 15.13% |
| 2024-06-28 | 15.47% |
| 2024-03-29 | 15.12% |
| 2023-12-29 | 14.21% |
| 2023-09-30 | 12.36% |
| 2023-06-30 | 13.75% |
| 2023-03-31 | 14.18% |
| 2022-12-30 | 14.01% |
| 2022-09-30 | 14.81% |
| 2022-06-24 | 15.05% |
| 2022-03-25 | 15.01% |
| 2021-12-24 | 13.91% |
| 2021-09-30 | 14.21% |
| 2021-06-25 | 11.71% |
| 2021-03-26 | 8.18% |
| 2020-12-25 | 6.20% |
| 2020-09-30 | 5.98% |
| 2020-06-26 | 6.07% |
| 2020-03-27 | 9.15% |
| 2019-12-27 | 10.29% |
| 2019-09-30 | 13.12% |
| 2019-06-28 | 13.85% |
| 2019-03-29 | 14.08% |
| 2018-12-28 | 14.45% |
| 2018-09-30 | 14.46% |
| 2018-06-29 | 9.29% |
| 2018-03-30 | 9.52% |
| 2017-12-29 | 9.03% |
| 2017-09-30 | 11.84% |
| 2017-06-30 | 12.86% |
| 2017-03-31 | 13.81% |
| 2016-12-30 | 13.67% |
| 2016-09-30 | 13.01% |
| 2016-06-24 | 12.37% |
| 2016-03-25 | 8.38% |
| 2015-12-25 | 7.23% |
| 2015-09-30 | 8.06% |
| 2015-06-26 | 11.24% |
| 2015-03-27 | 11.77% |
| 2014-12-26 | 11.87% |
| 2014-09-30 | 10.87% |
| 2014-06-27 | 9.86% |
| 2014-03-28 | 9.67% |
| 2013-12-27 | 9.01% |
| 2013-09-30 | 10.20% |
| 2013-06-28 | 10.08% |
| 2013-03-29 | 9.52% |
| 2012-12-28 | 9.43% |
| 2012-09-30 | 7.75% |
| 2012-06-29 | 7.44% |
| 2012-03-30 | 8.14% |
| 2011-12-30 | 9.15% |
| 2011-09-30 | 9.35% |
| 2011-06-24 | 8.60% |
| 2011-03-25 | 8.07% |
| 2010-12-24 | 7.56% |
| 2010-09-30 | 7.60% |
| 2010-06-25 | 7.12% |
| 2010-03-26 | 5.02% |
| 2009-12-25 | -24.17% |
| 2009-09-30 | -26.14% |
| 2009-06-26 | -25.78% |
| 2009-03-27 | -21.76% |
| 2008-12-26 | 4.62% |
| 2008-09-30 | 7.10% |
| 2008-06-27 | 7.63% |
| 2008-03-28 | 2.67% |
| 2007-12-28 | 2.43% |
| 2007-09-30 | 2.35% |
| 2007-06-29 | 1.35% |
| 2007-03-31 | 8.07% |