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 33.31% is 581% above its 5-year average of 4.89%, near the high end of its 5-year range (-28.60%–34.83%).
As of the fiscal period ended Tuesday, June 30, 2026. 4.27% above its 12-month average of 31.95%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
33.31%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
31.95%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
24.00%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
4.89%
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
+4.27%
CURRENT VS 3Y AVG
+38.80%
CURRENT VS 5Y AVG
+581.15%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
8.30%
median of 181 covered companies
CURRENT VS SECTOR MEDIAN
+301.34%
vs the sector median at left
Clear Secure, Inc.
Market Cap
$4.51B
Return on Invested Capital (ROIC)
33.31%
TTM Avg
31.95%
3Y Avg
24.00%
5Y Avg
4.89%
Market Cap
$4.50B
Return on Invested Capital (ROIC)
31.82%
TTM Avg
24.75%
3Y Avg
27.68%
5Y Avg
33.05%
Market Cap
$4.58B
Return on Invested Capital (ROIC)
16.90%
TTM Avg
9.79%
3Y Avg
8.61%
5Y Avg
4.21%
Market Cap
$4.40B
Return on Invested Capital (ROIC)
10.22%
TTM Avg
-0.19%
3Y Avg
-2.19%
5Y Avg
10.91%
Market Cap
$4.38B
Return on Invested Capital (ROIC)
-33.24%
TTM Avg
4.75%
3Y Avg
-5.82%
5Y Avg
-10.73%
Market Cap
$4.33B
Return on Invested Capital (ROIC)
7.58%
TTM Avg
8.26%
3Y Avg
5.23%
5Y Avg
2.71%
Market Cap
$4.72B
Return on Invested Capital (ROIC)
2.30%
TTM Avg
0.59%
3Y Avg
-1.78%
5Y Avg
-2.60%
Market Cap
$4.87B
Return on Invested Capital (ROIC)
42.50%
TTM Avg
27.09%
3Y Avg
-2.17%
5Y Avg
-2.38%
Market Cap
$3.87B
Return on Invested Capital (ROIC)
4.62%
TTM Avg
-0.95%
3Y Avg
-6.22%
5Y Avg
-73.15%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Clear Secure, Inc. (YOU) | $4.51B | 33.31% | 31.95% | 24.00% | 4.89% |
| Dlocal Limited (DLO)vs › | $4.50B | 31.82% | 24.75% | 27.68% | 33.05% |
| Box, Inc. (BOX)vs › | $4.58B | 16.90% | 9.79% | 8.61% | 4.21% |
| Kulicke and Soffa Industries, Inc. (KLIC)vs › | $4.40B | 10.22% | -0.19% | -2.19% | 10.91% |
| Wix.com Ltd. (WIX)vs › | $4.38B | -33.24% | 4.75% | -5.82% | -10.73% |
| Itron, Inc. (ITRI)vs › | $4.33B | 7.58% | 8.26% | 5.23% | 2.71% |
| Bill.com Holdings, Inc. (BILL)vs › | $4.72B | 2.30% | 0.59% | -1.78% | -2.60% |
| Dave Inc. (DAVE)vs › | $4.87B | 42.50% | 27.09% | -2.17% | -2.38% |
| monday.com Ltd. (MNDY)vs › | $3.87B | 4.62% | -0.95% | -6.22% | -73.15% |
| Klaviyo, Inc. (KVYO)vs › | $5.35B | -1.54% | -6.53% | -14.42% | -15.62% |
ROIC
33.3%
ROE
71.7%
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 | 33.31% |
| 2026-03-31 | 29.99% |
| 2025-12-31 | 28.00% |
| 2025-09-30 | 33.80% |
| 2025-06-30 | 34.64% |
| 2025-03-31 | 32.37% |
| 2024-12-31 | 22.32% |
| 2024-09-30 | 34.83% |
| 2024-06-30 | 24.88% |
| 2024-03-31 | 14.56% |
| 2023-12-31 | 4.03% |
| 2023-09-30 | -4.72% |
| 2023-06-30 | -19.10% |
| 2023-03-31 | -20.01% |
| 2022-12-31 | -20.16% |
| 2022-09-30 | -23.20% |
| 2022-06-30 | -16.99% |
| 2022-03-31 | -21.31% |
| 2021-12-31 | -20.97% |
| 2021-09-30 | -14.94% |
| 2021-06-30 | -28.60% |
| 2021-03-31 | 13.85% |
| 2020-12-31 | -21.97% |
