Intuitive Surgical
Intuitive Surgical returns on capital
Annual and trailing 12-month returns on invested capital, equity and assets.
ROIC
% · Annual / TTM
Reported borrowing balances are unavailable in the extracted statements for this period.
ROCE
% · Annual / TTM
ROIIC
% · Annual / TTM
Reported borrowing balances are unavailable in the extracted statements for this period.
ROE
% · Annual / TTM
ROA
% · Annual / TTM
ROIC − WACC
Percentage points · Scenario
Reported borrowing balances are unavailable in the extracted statements for this period.
Quarterly data
| Fiscal period | Ended | ROIC% | ROCE% | ROIIC% | ROE% | ROA% | ROIC − WACCPercentage points |
|---|---|---|---|---|---|---|---|
| FY 2026 Q2 | Jun 30, 2026 | — | 18.44% | — | 17.43% | 15.3% | — |
| FY 2026 Q1 | Mar 31, 2026 | — | 17.96% | — | 17.23% | 15.15% | — |
| FY 2025 Q4 | Dec 31, 2025 | — | 16.62% | — | 16.67% | 14.57% | — |
| FY 2025 Q3 | Sep 30, 2025 | — | 16.75% | — | 16.9% | 14.81% | — |
| FY 2025 Q2 | Jun 30, 2025 | — | 15.66% | — | 16.02% | 14.17% | — |
| FY 2025 Q1 | Mar 31, 2025 | — | 15.3% | — | 15.94% | 14.13% | — |
| FY 2024 Q4 | Dec 31, 2024 | — | 15.26% | — | 15.62% | 13.59% | — |
| FY 2024 Q3 | Sep 30, 2024 | — | 14.19% | — | 15.95% | 13.82% | — |
| FY 2024 Q2 | Jun 30, 2024 | — | 14.19% | — | 15.75% | 13.71% | — |
| FY 2024 Q1 | Mar 31, 2024 | — | 14.11% | — | 15.79% | 13.76% | — |
| FY 2023 Q4 | Dec 31, 2023 | — | 13.95% | — | 14.77% | 12.66% | — |
| FY 2023 Q3 | Sep 30, 2023 | — | 13.48% | — | 12.61% | 10.84% | — |
| FY 2023 Q2 | Jun 30, 2023 | — | 13.03% | — | 11.92% | 10.32% | — |
| FY 2023 Q1 | Mar 31, 2023 | — | 12.81% | — | 11.25% | 9.82% | — |
| FY 2022 Q4 | Dec 31, 2022 | — | 13.17% | — | 11.53% | 9.97% | — |
| FY 2022 Q3 | Sep 30, 2022 | — | 13.83% | — | 12.02% | 10.52% | — |
| FY 2022 Q2 | Jun 30, 2022 | — | 14.26% | — | 12.55% | 11.03% | — |
| FY 2022 Q1 | Mar 31, 2022 | — | 15.62% | — | 14.77% | 13.04% | — |
| FY 2021 Q4 | Dec 31, 2021 | — | 16.11% | — | 15.76% | 13.79% | — |
| FY 2021 Q3 | Sep 30, 2021 | — | 16.52% | — | 16.35% | 14.34% | — |
| FY 2021 Q2 | Jun 30, 2021 | — | 15.77% | — | 16.58% | 14.49% | — |
| FY 2021 Q1 | Mar 31, 2021 | — | 12.09% | — | 12.58% | 10.95% | — |
| FY 2020 Q4 | Dec 31, 2020 | — | 11.11% | — | 11.79% | 10.15% | — |
| FY 2020 Q3 | Sep 30, 2020 | — | 11.51% | — | 12.38% | 10.66% | — |
| FY 2020 Q2 | Jun 30, 2020 | — | 13.33% | — | 14.19% | 12.19% | — |
| FY 2020 Q1 | Mar 31, 2020 | — | 17.1% | — | 17.85% | 15.3% | — |
| FY 2019 Q4 | Dec 31, 2019 | — | 17.48% | — | 18.46% | 15.69% | — |
| FY 2019 Q3 | Sep 30, 2019 | — | 17.67% | — | 18.72% | 15.98% | — |
| FY 2019 Q2 | Jun 30, 2019 | — | 18.07% | — | 18.43% | 15.73% | — |
| FY 2019 Q1 | Mar 31, 2019 | — | 17.62% | — | 18.32% | 15.64% | — |
| FY 2018 Q4 | Dec 31, 2018 | — | 19.86% | — | 19.78% | 16.58% | — |
| FY 2018 Q3 | Sep 30, 2018 | — | 20.51% | — | 14.18% | 12.29% | — |
| FY 2018 Q2 | Jun 30, 2018 | — | 21.41% | — | 15.44% | 13.25% | — |
| FY 2018 Q1 | Mar 31, 2018 | — | 22.58% | — | 15.95% | 13.67% | — |
| FY 2017 Q4 | Dec 31, 2017 | — | 19.27% | — | 12.57% | 10.78% | — |
| FY 2017 Q3 | Sep 30, 2017 | — | 18.58% | — | 17.2% | 15.28% | — |
| FY 2017 Q2 | Jun 30, 2017 | — | 19.51% | — | 16.82% | 14.8% | — |
| FY 2017 Q1 | Mar 31, 2017 | — | 21.04% | — | 17.56% | 15.41% | — |
| FY 2016 Q4 | Dec 31, 2016 | — | 18.34% | — | 14.58% | 12.92% | — |
| FY 2016 Q3 | Sep 30, 2016 | — | 18.82% | — | 14.95% | 13.3% | — |
| FY 2016 Q2 | Jun 30, 2016 | — | 18.76% | — | 15.11% | 13.38% | — |
| FY 2016 Q1 | Mar 31, 2016 | — | 18.51% | — | 15.07% | 13.32% | — |
| FY 2015 Q4 | Dec 31, 2015 | — | 18.8% | — | 15.3% | 13.28% | — |
| FY 2015 Q3 | Sep 30, 2015 | — | 18.45% | — | 15.16% | 13.09% | — |
| FY 2015 Q2 | Jun 30, 2015 | — | 19.13% | — | 15.18% | 12.94% | — |
| FY 2015 Q1 | Mar 31, 2015 | — | 16.71% | — | 13.02% | 11.33% | — |
| FY 2014 Q4 | Dec 31, 2014 | — | 15.5% | — | 12.17% | 10.59% | — |
| FY 2014 Q3 | Sep 30, 2014 | — | 17.45% | — | 13.8% | 11.93% | — |
| FY 2014 Q2 | Jun 30, 2014 | — | 17.34% | — | 14.41% | 12.39% | — |
| FY 2014 Q1 | Mar 31, 2014 | — | 17.33% | — | 14.17% | 12.49% | — |
| FY 2013 Q4 | Dec 31, 2013 | — | 23.59% | — | 18.95% | 16.76% | — |
| FY 2013 Q3 | Sep 30, 2013 | — | 26.64% | — | 20.73% | 18.3% | — |
| FY 2013 Q2 | Jun 30, 2013 | — | 26.21% | — | 20.47% | 18.04% | — |
| FY 2013 Q1 | Mar 31, 2013 | — | 27.22% | — | 20.96% | 18.55% | — |
| FY 2012 Q4 | Dec 31, 2012 | — | 27.44% | — | 21.09% | 18.44% | — |
| FY 2012 Q3 | Sep 30, 2012 | — | 28.46% | — | 22.35% | 19.54% | — |
| FY 2012 Q2 | Jun 30, 2012 | — | 28.19% | — | 20.91% | 18.23% | — |
| FY 2012 Q1 | Mar 31, 2012 | — | 27.73% | — | 20.72% | 18.11% | — |
| FY 2011 Q4 | Dec 31, 2011 | — | 28.6% | — | 21.14% | 18.16% | — |
| FY 2011 Q3 | Sep 30, 2011 | — | 28.55% | — | 21.25% | 18.25% | — |
| FY 2011 Q2 | Jun 30, 2011 | — | 27.52% | — | 20.38% | 17.55% | — |
| FY 2011 Q1 | Mar 31, 2011 | — | 27.59% | — | 20.03% | 17.47% | — |
| FY 2010 Q4 | Dec 31, 2010 | — | 29.82% | — | 21.36% | 18.18% | — |
| FY 2010 Q3 | Sep 30, 2010 | — | 29.96% | — | 19.9% | 16.95% | — |
| FY 2010 Q2 | Jun 30, 2010 | — | 30.24% | — | 19.78% | 16.88% | — |
| FY 2010 Q1 | Mar 31, 2010 | — | — | — | — | — | — |
| FY 2009 Q4 | Dec 31, 2009 | — | — | — | — | — | — |
| FY 2009 Q3 | Sep 30, 2009 | — | — | — | — | — | — |
| FY 2009 Q2 | Jun 30, 2009 | — | — | — | — | — | — |
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 · ISRG, 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.