Basis: Latest reported fiscal year. 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 2.79% is 50% below its 5-year average of 5.58%, near the low end of its 5-year range (2.79%–7.94%).
As of the fiscal period ended Wednesday, December 31, 2025. 37.58% below its 12-month average of 4.47%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
2.79%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
4.47%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
5.64%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
5.58%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-4.60%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
-0.68%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
-1.77%
CURRENT VS TTM AVG
-37.58%
CURRENT VS 3Y AVG
-50.58%
CURRENT VS 5Y AVG
-50.00%
CURRENT VS 10Y AVG
+160.70%
CURRENT VS 15Y AVG
+507.99%
CURRENT VS 20Y AVG
+257.53%
SECTOR MEDIAN · TECHNOLOGY
8.02%
median of 175 covered companies
CURRENT VS SECTOR MEDIAN
-65.21%
vs the sector median at left
Veeco Instruments Inc.
Market Cap
$2.95B
Return on Invested Capital (ROIC)
2.79%
TTM Avg
4.47%
3Y Avg
5.64%
5Y Avg
5.58%
Market Cap
$3.09B
Return on Invested Capital (ROIC)
-5.41%
TTM Avg
-5.07%
3Y Avg
-3.35%
5Y Avg
-1.39%
Market Cap
$2.61B
Return on Invested Capital (ROIC)
-4.73%
TTM Avg
-2.80%
3Y Avg
0.50%
5Y Avg
3.01%
Market Cap
$2.36B
Return on Invested Capital (ROIC)
-12.00%
TTM Avg
-12.71%
3Y Avg
-32.07%
5Y Avg
-22.71%
Market Cap
$3.66B
Return on Invested Capital (ROIC)
-13.25%
TTM Avg
-17.66%
3Y Avg
-18.17%
5Y Avg
-14.92%
Market Cap
$2.10B
Return on Invested Capital (ROIC)
-48.28%
TTM Avg
-50.66%
3Y Avg
-51.62%
5Y Avg
-48.69%
Market Cap
$4.44B
Return on Invested Capital (ROIC)
8.79%
TTM Avg
8.26%
3Y Avg
5.26%
5Y Avg
2.98%
Market Cap
$4.51B
Return on Invested Capital (ROIC)
11.19%
TTM Avg
9.68%
3Y Avg
8.32%
5Y Avg
4.19%
Market Cap
$1.44B
Return on Invested Capital (ROIC)
-68.18%
TTM Avg
-52.14%
3Y Avg
-42.04%
5Y Avg
-32.15%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Veeco Instruments Inc. (VECO) | $2.95B | 2.79% | 4.47% | 5.64% | 5.58% |
| AXT, Inc. (AXTI)vs › | $3.09B | -5.41% | -5.07% | -3.35% | -1.39% |
| Ichor Holdings, Ltd. (ICHR)vs › | $2.61B | -4.73% | -2.80% | 0.50% | 3.01% |
| Keel Infrastructure Corp. (KEEL)vs › | $2.36B | -12.00% | -12.71% | -32.07% | -22.71% |
| Ambarella, Inc. (AMBA)vs › | $3.66B | -13.25% | -17.66% | -18.17% | -14.92% |
| Asana, Inc. (ASAN)vs › | $2.10B | -48.28% | -50.66% | -51.62% | -48.69% |
| Itron, Inc. (ITRI)vs › | $4.44B | 8.79% | 8.26% | 5.26% | 2.98% |
| Box, Inc. (BOX)vs › | $4.51B | 11.19% | 9.68% | 8.32% | 4.19% |
| C3.ai, Inc. (AI)vs › | $1.44B | -68.18% | -52.14% | -42.04% | -32.15% |
| monday.com Ltd. (MNDY)vs › | $4.63B | -0.12% | -0.93% | -4.84% | -72.08% |
ROIC
2.8%
ROE
2.6%
ROIC = NOPAT / Invested Capital
Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2025-12-31 | 2.79% |
| 2024-12-31 | 6.15% |
| 2023-12-31 | 6.89% |
| 2022-12-31 | 6.75% |
| 2021-12-31 | 7.94% |
| 2020-12-31 | 2.96% |
| 2019-12-31 | -5.62% |
| 2018-12-31 | -52.63% |
| 2017-12-31 | -3.03% |
| 2016-12-31 | -19.57% |
| 2015-12-31 | -3.19% |
| 2014-12-31 | -8.89% |
| 2013-12-31 | -5.20% |
| 2012-12-31 | 3.13% |
| 2011-12-31 | 25.16% |
| 2010-12-31 | 30.78% |
| 2009-12-31 | -1.59% |
| 2008-12-31 | -21.30% |
| 2007-12-31 | -2.82% |
| 2006-12-31 | 3.31% |
| 2005-12-31 | -0.59% |
| 2004-12-31 | -2.38% |
| 2003-12-31 | -0.42% |
| 2002-12-31 | -21.88% |
| 2001-12-31 | 2.21% |
| 2000-12-31 | 0.77% |
| 1999-12-31 | 10.97% |
| 1998-12-31 | 13.61% |
| 1997-12-31 | 18.42% |
| 1996-12-31 | 13.18% |
