Synopsys
Synopsys 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 | 1.73% | 1.83% | — | 3.66% | 2.24% | -7.6 pp |
| FY 2026 Q2 | Apr 30, 2026 | 2.67% | 1.89% | -2% | 3.83% | 2.19% | -6.6 pp |
| FY 2026 Q1 | Jan 31, 2026 | — | 3.21% | — | 5.53% | 3.65% | — |
| FY 2025 Q4 | Oct 31, 2025 | 3.99% | 3.33% | -1.15% | 7.14% | 4.35% | -5.3 pp |
| FY 2025 Q3 | Jul 31, 2025 | — | 4.1% | — | 11.31% | 6.67% | — |
| FY 2025 Q2 | Apr 30, 2025 | — | 8.7% | — | 25.35% | 12.44% | — |
| FY 2025 Q1 | Jan 31, 2025 | — | 13.5% | — | 26.41% | 17.88% | — |
| FY 2024 Q4 | Oct 31, 2024 | — | 15.26% | — | 29.9% | 19.34% | — |
| FY 2024 Q3 | Jul 31, 2024 | — | 18.18% | — | 21.93% | 13.89% | — |
| FY 2024 Q2 | Apr 30, 2024 | — | 18.24% | — | 21.97% | 13.72% | — |
| FY 2024 Q1 | Jan 31, 2024 | — | 18.61% | — | 22.87% | 13.99% | — |
| FY 2023 Q4 | Oct 31, 2023 | — | 18.14% | — | 21.09% | 12.45% | — |
| FY 2023 Q3 | Jul 31, 2023 | — | 15.11% | — | 17.89% | 10.74% | — |
| FY 2023 Q2 | Apr 30, 2023 | — | 14.42% | — | 16.16% | 9.69% | — |
| FY 2023 Q1 | Jan 31, 2023 | — | 16.14% | — | 17.1% | 10.21% | — |
| FY 2022 Q4 | Oct 31, 2022 | 25.2% | 17.9% | 209% | 18.21% | 10.84% | 15.9 pp |
| FY 2022 Q3 | Jul 31, 2022 | — | 17.55% | — | 19.2% | 11.59% | — |
| FY 2022 Q2 | Apr 30, 2022 | — | 17.19% | — | 18.94% | 11.49% | — |
| FY 2022 Q1 | Jan 31, 2022 | — | 15.21% | — | 17.7% | 10.75% | — |
| FY 2021 Q4 | Oct 31, 2021 | 17.76% | 12.02% | — | 14.85% | 9.03% | 8.5 pp |
| FY 2021 Q3 | Jul 31, 2021 | — | 12.6% | — | 15.46% | 9.33% | — |
| FY 2021 Q2 | Apr 30, 2021 | — | 13.2% | — | 17.25% | 10.32% | — |
| FY 2021 Q1 | Jan 31, 2021 | — | 12.39% | — | 16% | 9.5% | — |
| FY 2020 Q4 | Oct 31, 2020 | — | 11.76% | — | 14.78% | 9.2% | — |
| FY 2020 Q3 | Jul 31, 2020 | — | 10.93% | — | 14.72% | 9.08% | — |
| FY 2020 Q2 | Apr 30, 2020 | — | 9.68% | — | 11.6% | 7.02% | — |
| FY 2020 Q1 | Jan 31, 2020 | 11.87% | 9.73% | — | 12.18% | 7.13% | 2.6 pp |
| FY 2019 Q4 | Oct 31, 2019 | 15.09% | 11.96% | — | 14.08% | 8.48% | 5.8 pp |
| FY 2019 Q3 | Jul 31, 2019 | — | 10.98% | — | 17.65% | 10.48% | — |
| FY 2019 Q2 | Apr 30, 2019 | — | 9.38% | — | 16.9% | 10.18% | — |
| FY 2019 Q1 | Jan 31, 2019 | — | 9.89% | — | 17.06% | 9.78% | — |
| FY 2018 Q4 | Oct 31, 2018 | — | 9.21% | — | 12.81% | 7.49% | — |
| FY 2018 Q3 | Jul 31, 2018 | 1.92% | 10.24% | -73.34% | 1.77% | 1.01% | -7.4 pp |
| FY 2018 Q2 | Apr 30, 2018 | 3.03% | 11.23% | -39.72% | 2.88% | 1.71% | -6.3 pp |
| FY 2018 Q1 | Jan 31, 2018 | 1.42% | 9.46% | -78.35% | 1.43% | 0.84% | -7.9 pp |
| FY 2017 Q4 | Oct 31, 2017 | 5.16% | 9.51% | — | 4.22% | 2.57% | -4.1 pp |
| FY 2017 Q3 | Jul 31, 2017 | — | 9.2% | — | 10.07% | 6.11% | — |
| FY 2017 Q2 | Apr 30, 2017 | — | 8.43% | — | 8.5% | 5.32% | — |
| FY 2017 Q1 | Jan 31, 2017 | — | 9.64% | — | 9.29% | 5.86% | — |
| FY 2016 Q4 | Oct 31, 2016 | 10.43% | 9.08% | — | 8.43% | 5.19% | 1.1 pp |
| FY 2016 Q3 | Jul 31, 2016 | — | 8.42% | — | 7.79% | 4.85% | — |
| FY 2016 Q2 | Apr 30, 2016 | — | 8.01% | — | 7.55% | 4.83% | — |
| FY 2016 Q1 | Jan 31, 2016 | — | 8.02% | — | 7.45% | 4.69% | — |
| FY 2015 Q4 | Oct 31, 2015 | 9.2% | 7.77% | -6.45% | 7.3% | 4.6% | -0.1 pp |
| FY 2015 Q3 | Jul 31, 2015 | 9.73% | 7.82% | -3.91% | — | 5.02% | 0.4 pp |
| FY 2015 Q2 | Apr 30, 2015 | 9.61% | 8.14% | 53.95% | — | 5.34% | 0.3 pp |
| FY 2015 Q1 | Jan 31, 2015 | 10.76% | 8.03% | 5.09% | — | 5.8% | 1.5 pp |
| FY 2014 Q4 | Oct 31, 2014 | 11.79% | 7.62% | 5.55% | 8.87% | 5.67% | 2.5 pp |
| FY 2014 Q3 | Jul 31, 2014 | 11.05% | 7.53% | 13.2% | — | 5.74% | 1.7 pp |
| FY 2014 Q2 | Apr 30, 2014 | 9.52% | 7.25% | -4.18% | — | 5.55% | 0.2 pp |
| FY 2014 Q1 | Jan 31, 2014 | 10.42% | 7.98% | — | — | 5.98% | 1.1 pp |
| FY 2013 Q4 | Oct 31, 2013 | 11.51% | 8.17% | — | 9.37% | 5.83% | 2.2 pp |
| FY 2013 Q3 | Jul 31, 2013 | 11.31% | 8.04% | 2.77% | 8.56% | 5.38% | 2 pp |
| FY 2013 Q2 | Apr 30, 2013 | 11.64% | 8.45% | 15.31% | 9.74% | 6.19% | 2.3 pp |
| FY 2013 Q1 | Jan 31, 2013 | — | 6.66% | — | 8.17% | 5.33% | — |
| FY 2012 Q4 | Oct 31, 2012 | — | 7.23% | — | 7.9% | 4.84% | — |
| FY 2012 Q3 | Jul 31, 2012 | — | 8.08% | — | 8.57% | 5.34% | — |
| FY 2012 Q2 | Apr 30, 2012 | — | 7.95% | — | 7.65% | 4.88% | — |
| FY 2012 Q1 | Jan 31, 2012 | — | 9.71% | — | 10.62% | 7.06% | — |
| FY 2011 Q4 | Oct 31, 2011 | — | 9.01% | — | 10.54% | 6.65% | — |
| FY 2011 Q3 | Jul 31, 2011 | — | 8.14% | — | 9.92% | 6.38% | — |
| FY 2011 Q2 | Apr 30, 2011 | — | — | — | — | — | — |
| FY 2011 Q1 | Jan 31, 2011 | — | — | — | — | — | — |
| FY 2010 Q4 | Oct 31, 2010 | — | — | — | — | — | — |
| FY 2010 Q3 | Jul 31, 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 9.3%, rounded from the Software · System & Application 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 · SNPS, 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.