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 20.94% is 285% above its 5-year average of -11.31%, near the high end of its 5-year range (-34.10%–20.94%).
As of the fiscal period ended Tuesday, June 30, 2026. 42.99% above its 12-month average of 14.65%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 20.94%.
RETURN ON INVESTED CAPITAL (ROIC)
20.94%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
14.65%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-2.44%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-11.31%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
+42.99%
CURRENT VS 3Y AVG
+958.64%
CURRENT VS 5Y AVG
+285.25%
CURRENT VS 10Y AVG
N/A
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
+156.35%
vs the sector median at left
Toast, Inc.
Market Cap
$17.20B
Return on Invested Capital (ROIC)
20.94%
TTM Avg
14.65%
3Y Avg
-2.44%
5Y Avg
-11.31%
Market Cap
$17.20B
Return on Invested Capital (ROIC)
3.03%
TTM Avg
4.61%
3Y Avg
5.60%
5Y Avg
6.80%
Market Cap
$17.22B
Return on Invested Capital (ROIC)
10.35%
TTM Avg
9.27%
3Y Avg
8.53%
5Y Avg
11.34%
Market Cap
$17.33B
Return on Invested Capital (ROIC)
-7.62%
TTM Avg
-3.44%
3Y Avg
-6.28%
5Y Avg
-4.32%
Market Cap
$16.90B
Return on Invested Capital (ROIC)
6.83%
TTM Avg
7.05%
3Y Avg
6.70%
5Y Avg
6.02%
Market Cap
$17.58B
Return on Invested Capital (ROIC)
24.31%
TTM Avg
16.21%
3Y Avg
20.54%
5Y Avg
21.80%
Market Cap
$17.59B
Return on Invested Capital (ROIC)
8.17%
TTM Avg
6.63%
3Y Avg
-0.22%
5Y Avg
3.98%
Market Cap
$16.67B
Return on Invested Capital (ROIC)
5.60%
TTM Avg
5.80%
3Y Avg
5.73%
5Y Avg
5.34%
Market Cap
$16.34B
Return on Invested Capital (ROIC)
11.20%
TTM Avg
10.63%
3Y Avg
8.92%
5Y Avg
10.45%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Toast, Inc. (TOST) | $17.20B | 20.94% | 14.65% | -2.44% | -11.31% |
| Akamai Technologies, Inc. (AKAM)vs › | $17.20B | 3.03% | 4.61% | 5.60% | 6.80% |
| Zebra Technologies Corporation (ZBRA)vs › | $17.22B | 10.35% | 9.27% | 8.53% | 11.34% |
| IREN Limited (IREN)vs › | $17.33B | -7.62% | -3.44% | -6.28% | -4.32% |
| Fortive Corporation (FTV)vs › | $16.90B | 6.83% | 7.05% | 6.70% | 6.02% |
| BE Semiconductor Industries N.V. (BESIY)vs › | $17.58B | 24.31% | 16.21% | 20.54% | 21.80% |
| MKS Inc. (MKSI)vs › | $17.59B | 8.17% | 6.63% | -0.22% | 3.98% |
| Dynatrace, Inc. (DT)vs › | $16.67B | 5.60% | 5.80% | 5.73% | 5.34% |
| Gen Digital Inc. (GEN)vs › | $16.34B | 11.20% | 10.63% | 8.92% | 10.45% |
| Fidelity National Information Services, Inc. (FIS)vs › | $18.08B | 4.62% | 3.75% | 3.37% | 2.72% |
ROIC
20.9%
ROE
23.8%
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) |
|---|---|
| 2026-06-30 | 20.94% |
| 2026-03-31 | 17.58% |
| 2025-12-31 | 13.45% |
| 2025-09-30 | 11.43% |
| 2025-06-30 | 9.83% |
| 2025-03-31 | 6.50% |
| 2024-12-31 | 0.82% |
| 2024-09-30 | -4.90% |
| 2024-06-30 | -11.61% |
| 2024-03-31 | -18.59% |
| 2023-12-31 | -21.98% |
| 2023-09-30 | -25.98% |
| 2023-06-30 | -29.20% |
| 2023-03-31 | -29.48% |
| 2022-12-31 | -30.02% |
| 2022-09-30 | -31.03% |
| 2022-06-30 | -28.50% |
| 2022-03-31 | -24.07% |
| 2021-12-31 | -16.26% |
| 2021-09-30 | -12.24% |
| 2021-06-30 | -34.10% |
