Illumina
Illumina 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 28, 2026 | — | 18.19% | — | 32.38% | 12.95% | — |
| FY 2026 Q1 | Mar 29, 2026 | — | 17.48% | — | 33.82% | 13.39% | — |
| FY 2025 Q4 | Dec 28, 2025 | — | 16.44% | — | 33.36% | 13.13% | — |
| FY 2025 Q3 | Sep 28, 2025 | — | 16.86% | — | 31.16% | 11.52% | — |
| FY 2025 Q2 | Jun 29, 2025 | — | 30.45% | — | 68.06% | 20.66% | — |
| FY 2025 Q1 | Mar 30, 2025 | — | -8.37% | — | -23.85% | -11.91% | — |
| FY 2024 Q4 | Dec 29, 2024 | — | -12.53% | — | -30.13% | -14.9% | — |
| FY 2024 Q3 | Sep 29, 2024 | — | -17.12% | — | -39.51% | -19.65% | — |
| FY 2024 Q2 | Jun 30, 2024 | — | -39.96% | — | -76.19% | -34.1% | — |
| FY 2024 Q1 | Mar 31, 2024 | — | -12.31% | — | -20.76% | -11.81% | — |
| FY 2023 Q4 | Dec 31, 2023 | — | -11.86% | — | -18.81% | -10.38% | — |
| FY 2023 Q3 | Oct 1, 2023 | — | -11.99% | — | -17.8% | -10.52% | — |
| FY 2023 Q2 | Jul 2, 2023 | — | -35.72% | — | -49.25% | -30.75% | — |
| FY 2023 Q1 | Apr 2, 2023 | — | -37.89% | — | -51.02% | -33.13% | — |
| FY 2022 Q4 | Jan 1, 2023 | — | -35.41% | — | -50.8% | -32.07% | — |
| FY 2022 Q3 | Oct 2, 2022 | — | -35.28% | — | -47.93% | -31.55% | — |
| FY 2022 Q2 | Jul 3, 2022 | — | -8.83% | — | -0.24% | -0.16% | — |
| FY 2022 Q1 | Apr 3, 2022 | — | -1.25% | — | 8.86% | 5.83% | — |
| FY 2021 Q4 | Jan 2, 2022 | — | -1.2% | — | 9.87% | 6.68% | — |
| FY 2021 Q3 | Oct 3, 2021 | — | -0.31% | — | 11.85% | 8.07% | — |
| FY 2021 Q2 | Jul 4, 2021 | — | 9.69% | — | 15.77% | 9.65% | — |
| FY 2021 Q1 | Apr 4, 2021 | — | 8.53% | — | 13.18% | 7.87% | — |
| FY 2020 Q4 | Jan 3, 2021 | — | 8.93% | — | 14.1% | 8.8% | — |
| FY 2020 Q3 | Sep 27, 2020 | — | 11.21% | — | 13.96% | 8.8% | — |
| FY 2020 Q2 | Jun 28, 2020 | — | 13.78% | — | 15.58% | 9.75% | — |
| FY 2020 Q1 | Mar 29, 2020 | — | 15.7% | — | 21.86% | 12.86% | — |
| FY 2019 Q4 | Dec 29, 2019 | — | 16.69% | — | 23.94% | 14.04% | — |
| FY 2019 Q3 | Sep 29, 2019 | — | 15.9% | — | 24.5% | 14.05% | — |
| FY 2019 Q2 | Jun 30, 2019 | — | 15.41% | — | 24.72% | 14.63% | — |
| FY 2019 Q1 | Mar 31, 2019 | — | 16.54% | — | 24.34% | 13.16% | — |
| FY 2018 Q4 | Dec 30, 2018 | 20.84% | 18.27% | 19.09% | 25.39% | 13.52% | 13.1 pp |
| FY 2018 Q3 | Sep 30, 2018 | — | 19.48% | — | 21.52% | 11.59% | — |
| FY 2018 Q2 | Jul 1, 2018 | — | 19.43% | — | 21.7% | 12.1% | — |
| FY 2018 Q1 | Apr 1, 2018 | — | 18.74% | — | 20.4% | 11.18% | — |
| FY 2017 Q4 | Dec 31, 2017 | 14.86% | 14.99% | -41.06% | 29.36% | 15.22% | 7.2 pp |
| FY 2017 Q3 | Oct 1, 2017 | — | 13.01% | — | 30.69% | 16.86% | — |
| FY 2017 Q2 | Jul 2, 2017 | — | 13.16% | — | 31.34% | 16.91% | — |
| FY 2017 Q1 | Apr 2, 2017 | — | 14.4% | — | 32.59% | 17.64% | — |
| FY 2016 Q4 | Jan 1, 2017 | 18.83% | 17.65% | -7.93% | 22.87% | 11.61% | 11.1 pp |
| FY 2016 Q3 | Oct 2, 2016 | — | 17.43% | — | — | 11.14% | — |
| FY 2016 Q2 | Jul 3, 2016 | — | 17.8% | — | 22.48% | 11.25% | — |
| FY 2016 Q1 | Apr 3, 2016 | — | 18.3% | — | 22.94% | 11.37% | — |
| FY 2015 Q4 | Jan 3, 2016 | 22.42% | 21.52% | 143.13% | 27.88% | 13.14% | 14.7 pp |
| FY 2015 Q3 | Sep 27, 2015 | 25.25% | 24.11% | 31.92% | — | 14.56% | 17.5 pp |
| FY 2015 Q2 | Jun 28, 2015 | 24.22% | 24.25% | 33.83% | 33.79% | 14.42% | 16.5 pp |
| FY 2015 Q1 | Mar 29, 2015 | 22.08% | 25.52% | 57.41% | 26.9% | 13.13% | 14.4 pp |
| FY 2014 Q4 | Dec 28, 2014 | 21.29% | 19.37% | 70.13% | 23.59% | 11.11% | 13.6 pp |
| FY 2014 Q3 | Sep 28, 2014 | — | 16% | — | 21.2% | 9.21% | — |
| FY 2014 Q2 | Jun 29, 2014 | — | 13.01% | — | 17.71% | 7.46% | — |
| FY 2014 Q1 | Mar 30, 2014 | — | 12.81% | — | 14.41% | 7.17% | — |
| FY 2013 Q4 | Dec 29, 2013 | 6.17% | 5.41% | — | 8.79% | 4.49% | -1.5 pp |
| FY 2013 Q3 | Sep 29, 2013 | — | 5.28% | — | 8.98% | 4.44% | — |
| FY 2013 Q2 | Jun 30, 2013 | — | 5.52% | — | 8.95% | 4.44% | — |
| FY 2013 Q1 | Mar 31, 2013 | — | 4.88% | — | 8.29% | 4.06% | — |
| FY 2012 Q4 | Dec 30, 2012 | — | 9.51% | — | 12.64% | 6.35% | — |
| FY 2012 Q3 | Sep 30, 2012 | — | 8.47% | — | 8.07% | 3.97% | — |
| FY 2012 Q2 | Jul 1, 2012 | — | 7.79% | — | 6.94% | 3.54% | — |
| FY 2012 Q1 | Apr 1, 2012 | — | 9.49% | — | 7.97% | 4.01% | — |
| FY 2011 Q4 | Jan 1, 2012 | — | 12.23% | — | 7.62% | 4.29% | — |
| FY 2011 Q3 | Oct 2, 2011 | — | 15.67% | — | 10.58% | 5.85% | — |
| FY 2011 Q2 | Jul 3, 2011 | — | 16.69% | — | 11.67% | 6.6% | — |
| FY 2011 Q1 | Apr 3, 2011 | — | — | — | — | — | — |
| FY 2010 Q4 | Jan 2, 2011 | — | — | — | — | — | — |
| FY 2010 Q3 | Oct 3, 2010 | — | — | — | — | — | — |
| FY 2010 Q2 | Jul 4, 2010 | — | — | — | — | — | — |
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 7.7%, rounded from the US nonfinancial market · generic proxy 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 · ILMN, 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.