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 8.07% is 32% below its 5-year average of 11.83%, near the low end of its 5-year range (6.96%–21.32%).
As of the fiscal period ended Tuesday, June 30, 2026. 3.01% above its 12-month average of 7.84%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 8.07%.
RETURN ON INVESTED CAPITAL (ROIC)
8.07%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
7.84%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
9.00%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
11.83%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
7.20%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
4.60%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
4.15%
CURRENT VS TTM AVG
+3.01%
CURRENT VS 3Y AVG
-10.33%
CURRENT VS 5Y AVG
-31.75%
CURRENT VS 10Y AVG
+12.06%
CURRENT VS 15Y AVG
+75.56%
CURRENT VS 20Y AVG
+94.62%
SECTOR MEDIAN · TECHNOLOGY
8.17%
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
-1.20%
vs the sector median at left
United Microelectronics Corporation
Market Cap
$64.28B
Return on Invested Capital (ROIC)
8.07%
TTM Avg
7.84%
3Y Avg
9.00%
5Y Avg
11.83%
Market Cap
$62.33B
Return on Invested Capital (ROIC)
30.79%
TTM Avg
17.85%
3Y Avg
18.95%
5Y Avg
22.86%
Market Cap
$62.30B
Return on Invested Capital (ROIC)
15.47%
TTM Avg
0.21%
3Y Avg
-13.24%
5Y Avg
-13.24%
Market Cap
$61.90B
Return on Invested Capital (ROIC)
13.59%
TTM Avg
11.73%
3Y Avg
12.72%
5Y Avg
13.02%
Market Cap
$67.83B
Return on Invested Capital (ROIC)
18.22%
TTM Avg
15.76%
3Y Avg
18.62%
5Y Avg
17.70%
Market Cap
$60.72B
Return on Invested Capital (ROIC)
5.11%
TTM Avg
3.84%
3Y Avg
2.70%
5Y Avg
3.59%
Market Cap
$59.91B
Return on Invested Capital (ROIC)
12.71%
TTM Avg
11.97%
3Y Avg
13.63%
5Y Avg
11.52%
Market Cap
$59.36B
Return on Invested Capital (ROIC)
12.04%
TTM Avg
7.80%
3Y Avg
11.92%
5Y Avg
12.12%
Market Cap
$56.67B
Return on Invested Capital (ROIC)
-2.24%
TTM Avg
-9.09%
3Y Avg
-6.87%
5Y Avg
-4.75%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| United Microelectronics Corporation (UMC) | $64.28B | 8.07% | 7.84% | 9.00% | 11.83% |
| Teradyne, Inc. (TER)vs › | $62.33B | 30.79% | 17.85% | 18.95% | 22.86% |
| Astera Labs, Inc. Common Stock (ALAB)vs › | $62.30B | 15.47% | 0.21% | -13.24% | -13.24% |
| TE Connectivity plc (TEL)vs › | $61.90B | 13.59% | 11.73% | 12.72% | 13.02% |
| Monolithic Power Systems, Inc. (MPWR)vs › | $67.83B | 18.22% | 15.76% | 18.62% | 17.70% |
| Coherent, Inc. (COHR)vs › | $60.72B | 5.11% | 3.84% | 2.70% | 3.59% |
| NXP Semiconductors N.V. (NXPI)vs › | $59.91B | 12.71% | 11.97% | 13.63% | 11.52% |
| Keysight Technologies, Inc. (KEYS)vs › | $59.36B | 12.04% | 7.80% | 11.92% | 12.12% |
| Nebius Group N.V. (NBIS)vs › | $56.67B | -2.24% | -9.09% | -6.87% | -4.75% |
| Strategy Inc (MSTR)vs › | $55.35B | -0.07% | -3.67% | -17.72% | -16.03% |
ROIC
8.1%
ROE
19.0%
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 | 8.07% |
| 2026-03-31 | 7.89% |
| 2025-12-31 | 7.47% |
| 2025-09-30 | 7.80% |
| 2025-06-30 | 7.94% |
| 2025-03-31 | 8.44% |
| 2024-12-31 | 8.96% |
| 2024-09-30 | 8.82% |
| 2024-06-30 | 9.88% |
| 2024-03-31 | 9.68% |
| 2023-12-31 | 10.86% |
| 2023-09-30 | 12.20% |
| 2023-06-30 | 16.91% |
| 2023-03-31 | 17.84% |
| 2022-12-31 | 21.14% |
| 2022-09-30 | 21.32% |
| 2022-06-30 | 19.72% |
| 2022-03-31 | 14.78% |
| 2021-12-31 | 12.88% |
| 2021-09-30 | 8.83% |
| 2021-06-30 | 6.96% |
| 2021-03-31 | 5.92% |
| 2020-12-31 | 4.58% |
| 2020-09-30 | 5.52% |
| 2020-06-30 | 4.14% |
| 2020-03-31 | 3.03% |
| 2019-12-31 | 1.36% |
| 2019-09-30 | 0.61% |
| 2019-06-30 | 0.62% |
| 2019-03-31 | 1.00% |
| 2018-12-31 | 1.75% |
| 2018-09-30 | 2.45% |
| 2018-06-30 | 2.24% |
| 2018-03-31 | 1.69% |
| 2017-12-31 | 1.72% |
| 2017-09-30 | 1.72% |
| 2017-06-30 | 1.73% |
| 2017-03-31 | 2.02% |
| 2016-12-31 | 1.67% |
| 2016-09-30 | 1.60% |
| 2016-06-30 | 1.59% |
| 2016-03-31 | 2.06% |
| 2015-12-31 | 3.58% |
| 2015-09-30 | 3.97% |
| 2015-06-30 | 3.92% |
| 2015-03-31 | 3.75% |
| 2014-12-31 | 2.99% |
| 2014-09-30 | 1.82% |
| 2014-06-30 | 2.03% |
| 2014-03-31 | 1.54% |
| 2013-12-31 | 1.36% |
| 2013-09-30 | 0.98% |
| 2013-06-30 | 0.78% |
| 2013-03-31 | 1.00% |
| 2012-12-31 | 0.93% |
| 2012-09-30 | 0.78% |
| 2012-06-30 | 0.43% |
| 2012-03-31 | 0.60% |
| 2011-12-31 | 1.99% |
| 2011-09-30 | 4.98% |
| 2011-06-30 | 7.25% |
| 2011-03-31 | 8.36% |
| 2010-12-31 | 8.11% |
| 2010-09-30 | 8.43% |
| 2010-06-30 | 7.53% |
| 2010-03-31 | 5.77% |
| 2009-12-31 | 1.03% |
| 2009-09-30 | -1.45% |
| 2009-06-30 | -3.34% |
| 2009-03-31 | -4.10% |
| 2008-12-31 | -0.04% |
| 2008-06-30 | -18.33% |
| 2007-12-31 | -3.89% |
| 2007-06-30 | -7.19% |
| 2006-12-31 | -4.34% |
| 2006-06-30 | 3.82% |
| 2005-12-31 | 4.81% |
| 2005-09-30 | -17.95% |
| 2005-06-30 | -7.24% |
| 2004-12-31 | 6.54% |
