Keysight Technologies
Keysight Technologies 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 Q3 | Jul 31, 2026 | 20% | 14.49% | 79.16% | 20.59% | 11.16% | 12.3 pp |
| FY 2026 Q2 | Apr 30, 2026 | 17.75% | 12.28% | 22.8% | 17.85% | 9.46% | 10.1 pp |
| FY 2026 Q1 | Jan 31, 2026 | 14.33% | 10.32% | 13.07% | 16.89% | 9.22% | 6.6 pp |
| FY 2025 Q4 | Oct 31, 2025 | 12.09% | 10.13% | 7.78% | 15.47% | 8.26% | 4.4 pp |
| FY 2025 Q3 | Jul 31, 2025 | 8.75% | 10.8% | — | 9.98% | 5.45% | 1.1 pp |
| FY 2025 Q2 | Apr 30, 2025 | 13.11% | 10.81% | — | 14.3% | 7.6% | 5.4 pp |
| FY 2025 Q1 | Jan 31, 2025 | 12.39% | 11.2% | -1,297.15% | 12.22% | 6.62% | 4.7 pp |
| FY 2024 Q4 | Oct 31, 2024 | 13.03% | 11.51% | -41.54% | 12.58% | 6.84% | 5.3 pp |
| FY 2024 Q3 | Jul 31, 2024 | — | 12.38% | — | 18.03% | 10.06% | — |
| FY 2024 Q2 | Apr 30, 2024 | 18.15% | 15.13% | -35.03% | 16.9% | 9.18% | 10.4 pp |
| FY 2024 Q1 | Jan 31, 2024 | 21.91% | 18.05% | -23.11% | 21.02% | 11.07% | 14.2 pp |
| FY 2023 Q4 | Oct 31, 2023 | 26.82% | 20.38% | -170.44% | 23.98% | 12.6% | 19.1 pp |
| FY 2023 Q3 | Jul 31, 2023 | 27.74% | 20.25% | -17.23% | — | 13.55% | 20 pp |
| FY 2023 Q2 | Apr 30, 2023 | 30.84% | 20.63% | 36.83% | — | 14.33% | 23.1 pp |
| FY 2023 Q1 | Jan 31, 2023 | 31.17% | 20.59% | 51.97% | — | 14.28% | 23.5 pp |
| FY 2022 Q4 | Oct 31, 2022 | 31.39% | 20.27% | 54.22% | 28.29% | 14.16% | 23.7 pp |
| FY 2022 Q3 | Jul 31, 2022 | 31.74% | 19.84% | 54.58% | — | 14.14% | 24 pp |
| FY 2022 Q2 | Apr 30, 2022 | 30.43% | 19.23% | 79.13% | — | 13.24% | 22.7 pp |
| FY 2022 Q1 | Jan 31, 2022 | 28.43% | 17.74% | 189.74% | — | 12.5% | 20.7 pp |
| FY 2021 Q4 | Oct 31, 2021 | 27.9% | 17.13% | 148.63% | — | 11.92% | 20.2 pp |
| FY 2021 Q3 | Jul 31, 2021 | 26.07% | 15.78% | — | — | 11.08% | 18.4 pp |
| FY 2021 Q2 | Apr 30, 2021 | 25.03% | 14.86% | 68.15% | — | 10.4% | 17.3 pp |
| FY 2021 Q1 | Jan 31, 2021 | 19.6% | 12.66% | -6.4% | — | 8.87% | 11.9 pp |
| FY 2020 Q4 | Oct 31, 2020 | 20.51% | 13.01% | 16.59% | — | 9.06% | 12.8 pp |
| FY 2020 Q3 | Jul 31, 2020 | 17.76% | 12.53% | — | — | 8.96% | 10.1 pp |
| FY 2020 Q2 | Apr 30, 2020 | 18.48% | 13.51% | — | — | 9.08% | 10.8 pp |
| FY 2020 Q1 | Jan 31, 2020 | 20.28% | 15.2% | — | — | 10.45% | 12.6 pp |
| FY 2019 Q4 | Oct 31, 2019 | 19.88% | 14.25% | — | — | 9.98% | 12.2 pp |
| FY 2019 Q3 | Jul 31, 2019 | — | -1.34% | — | — | 5.12% | — |
| FY 2019 Q2 | Apr 30, 2019 | — | -2.79% | — | — | 4.52% | — |
| FY 2019 Q1 | Jan 31, 2019 | — | -4.52% | — | — | 3.08% | — |
| FY 2018 Q4 | Oct 31, 2018 | — | -7.3% | — | — | 2.81% | — |
| FY 2018 Q3 | Jul 31, 2018 | — | 5.24% | — | — | 4.12% | — |
| FY 2018 Q2 | Apr 30, 2018 | — | 2.57% | — | — | 1.71% | — |
| FY 2018 Q1 | Jan 31, 2018 | — | 1.71% | — | — | 1.75% | — |
| FY 2017 Q4 | Oct 31, 2017 | 7.8% | 5.78% | -10.15% | — | 2.1% | 0.1 pp |
| FY 2017 Q3 | Jul 31, 2017 | — | 7.55% | — | — | 4.88% | — |
| FY 2017 Q2 | Apr 30, 2017 | — | 10.24% | — | — | 7.05% | — |
| FY 2017 Q1 | Jan 31, 2017 | — | 15.28% | — | — | 10.34% | — |
| FY 2016 Q4 | Oct 31, 2016 | — | 13.58% | — | — | 9.16% | — |
| FY 2016 Q3 | Jul 31, 2016 | — | 14.77% | — | — | 15.36% | — |
| FY 2016 Q2 | Apr 30, 2016 | — | 14.87% | — | — | 14.86% | — |
| FY 2016 Q1 | Jan 31, 2016 | — | 16.78% | — | — | 15.58% | — |
| FY 2015 Q4 | Oct 31, 2015 | — | — | — | — | — | — |
| FY 2015 Q3 | Jul 31, 2015 | — | — | — | — | — | — |
| FY 2015 Q2 | Apr 30, 2015 | — | — | — | — | — | — |
| FY 2015 Q1 | Jan 31, 2015 | — | — | — | — | — | — |
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 · KEYS, 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.