AMD
AMD returns on capital
Annual and trailing 12-month returns on invested capital, equity and assets.
ROIC
% · Annual / TTM
ROCE
% · Annual / TTM
ROIIC
% · Annual / TTM
ROE
% · Annual / TTM
ROA
% · Annual / TTM
ROIC − WACC
Percentage points · Scenario
Quarterly data
| Fiscal period | Ended | ROIC% | ROCE% | ROIIC% | ROE% | ROA% | ROIC − WACCPercentage points |
|---|---|---|---|---|---|---|---|
| FY 2026 Q2 | Jun 27, 2026 | 8.96% | 9.45% | — | 10.14% | 8.08% | -1.6 pp |
| FY 2026 Q1 | Mar 28, 2026 | 7.43% | 6.56% | 31.53% | 8.19% | 6.63% | -3.2 pp |
| FY 2025 Q4 | Dec 27, 2025 | — | 5.71% | — | 7.19% | 5.93% | — |
| FY 2025 Q3 | Sep 27, 2025 | — | 4.42% | — | 5.61% | 4.51% | — |
| FY 2025 Q2 | Jun 28, 2025 | — | 3.58% | — | 4.88% | 3.97% | — |
| FY 2025 Q1 | Mar 29, 2025 | 3.86% | 4.26% | — | 3.9% | 3.19% | -6.7 pp |
| FY 2024 Q4 | Dec 28, 2024 | 2.79% | 3.09% | — | 2.89% | 2.39% | -7.8 pp |
| FY 2024 Q3 | Sep 28, 2024 | — | 2.25% | — | 3.26% | 2.66% | — |
| FY 2024 Q2 | Jun 29, 2024 | — | 1.43% | — | 2.42% | 1.99% | — |
| FY 2024 Q1 | Mar 30, 2024 | — | 0.95% | — | 2.01% | 1.65% | — |
| FY 2023 Q4 | Dec 30, 2023 | — | 0.66% | — | 1.54% | 1.26% | — |
| FY 2023 Q3 | Sep 30, 2023 | — | -0.15% | — | 0.38% | 0.31% | — |
| FY 2023 Q2 | Jul 1, 2023 | — | -0.62% | — | -0.05% | -0.04% | — |
| FY 2023 Q1 | Apr 1, 2023 | — | 0.27% | — | 0.72% | 0.59% | — |
| FY 2022 Q4 | Dec 31, 2022 | — | 3.64% | — | 4.24% | 3.3% | — |
| FY 2022 Q3 | Sep 24, 2022 | 8.01% | 7.63% | — | 7.37% | 5.76% | -2.6 pp |
| FY 2022 Q2 | Jun 25, 2022 | — | 10.41% | — | 10.06% | 8.01% | — |
| FY 2022 Q1 | Mar 26, 2022 | — | 11.49% | — | 10.98% | 8.82% | — |
| FY 2021 Q4 | Dec 25, 2021 | 63.75% | 49.55% | — | 47.43% | 29.58% | 53.2 pp |
| FY 2021 Q3 | Sep 25, 2021 | — | 49.38% | — | 72.14% | 43.67% | — |
| FY 2021 Q2 | Jun 26, 2021 | — | 42.05% | — | 66.27% | 39.78% | — |
| FY 2021 Q1 | Mar 27, 2021 | — | 33.52% | — | 60.61% | 36.24% | — |
| FY 2020 Q4 | Dec 26, 2020 | — | 26.81% | — | 57.48% | 33.22% | — |
| FY 2020 Q3 | Sep 26, 2020 | — | 28.69% | — | 29.09% | 14.32% | — |
| FY 2020 Q2 | Jun 27, 2020 | 38.88% | 23.74% | — | 23.4% | 10.42% | 28.3 pp |
| FY 2020 Q1 | Mar 28, 2020 | — | 21.86% | — | 20.19% | 9.02% | — |
| FY 2019 Q4 | Dec 28, 2019 | 35.22% | 20.22% | — | 16.66% | 6.44% | 24.6 pp |
| FY 2019 Q3 | Sep 28, 2019 | — | 10.62% | — | 12.66% | 4.35% | — |
| FY 2019 Q2 | Jun 29, 2019 | — | 9.94% | — | 13.74% | 4.15% | — |
| FY 2019 Q1 | Mar 30, 2019 | — | 14.1% | — | 21.73% | 6.26% | — |
| FY 2018 Q4 | Dec 29, 2018 | — | 19.5% | — | 35.91% | 8.33% | — |
| FY 2018 Q3 | Sep 29, 2018 | 39.29% | 22.63% | — | 43.77% | 9.08% | 28.7 pp |
| FY 2018 Q2 | Jun 30, 2018 | 37.32% | 23.15% | — | 50.77% | 8.81% | 26.7 pp |
| FY 2018 Q1 | Mar 31, 2018 | — | 17.68% | — | 35.05% | 5.58% | — |
| FY 2017 Q4 | Dec 30, 2017 | 20.1% | 10.13% | — | 8.37% | 1.25% | 9.5 pp |
| FY 2017 Q3 | Sep 30, 2017 | — | 5.75% | — | -15.25% | -1.92% | — |
| FY 2017 Q2 | Jul 1, 2017 | — | -16.41% | — | -27,300% | -16.33% | — |
| FY 2017 Q1 | Apr 1, 2017 | — | -18.6% | — | — | -14.68% | — |
| FY 2016 Q4 | Dec 31, 2016 | — | -20.21% | — | -24,850% | -15.46% | — |
| FY 2016 Q3 | Sep 24, 2016 | — | -21.31% | — | -2,236.73% | -16.01% | — |
| FY 2016 Q2 | Jun 25, 2016 | — | -15.23% | — | — | -10.12% | — |
| FY 2016 Q1 | Mar 26, 2016 | — | -21.75% | — | — | -18.38% | — |
| FY 2015 Q4 | Dec 26, 2015 | — | -23.85% | — | — | -19.2% | — |
| FY 2015 Q3 | Sep 26, 2015 | — | -33.58% | — | -926.63% | -24.41% | — |
| FY 2015 Q2 | Jun 27, 2015 | — | -22.91% | — | -393.33% | -18.57% | — |
| FY 2015 Q1 | Mar 28, 2015 | — | -14.03% | — | -213.26% | -14.94% | — |
| FY 2014 Q4 | Dec 27, 2014 | — | -6.14% | — | -110.26% | -9.95% | — |
| FY 2014 Q3 | Sep 27, 2014 | 12.69% | 11.67% | — | 10.32% | 1.16% | 2.1 pp |
| FY 2014 Q2 | Jun 28, 2014 | 13.91% | 13.19% | — | 18.84% | 1.99% | 3.3 pp |
| FY 2014 Q1 | Mar 29, 2014 | 10.05% | 9.62% | — | 9.29% | 1.09% | -0.5 pp |
| FY 2013 Q4 | Dec 28, 2013 | — | — | — | — | — | — |
| FY 2013 Q3 | Sep 28, 2013 | — | — | — | — | — | — |
| FY 2013 Q2 | Jun 29, 2013 | — | — | — | — | — | — |
| FY 2013 Q1 | Mar 30, 2013 | — | — | — | — | — | — |
Sources and calculations
Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.
Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.
Quarterly returns use trailing 12-month earnings and period-end balances averaged with the same fiscal quarter one year earlier. NOPAT uses the reported effective tax rate only when pretax profit is positive and the rate is between 0 and 100%. WACC starts at 10.6%, rounded from the Semiconductor benchmark in NYU Stern · January 2026. It is an editable US sector proxy applied across history, not a company estimate; foreign reporting currencies also need a currency-specific assessment.
Market prices: Yahoo Finance · AMD, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.
- ROIC
- NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
- ROCE
- Operating income / average (assets − current liabilities) × 100, using period end and one year earlier.
- ROIIC
- Year-over-year change in annual/TTM NOPAT / positive year-over-year change in invested capital × 100. Capital reductions and missing inputs yield unavailable values.
- ROE
- Earnings attributable to owners / average equity attributable to owners × 100, using period end and one year earlier.
- ROA
- Net income / average total assets × 100, using period end and one year earlier.
- ROIC − WACC
- ROIC less your WACC assumption, in percentage points. The same scenario rate is applied across history; it is not a reported or historical company WACC.