Block
Block returns on capital
Annual and trailing 12-month returns on invested capital, equity and assets.
ROIC
% · Annual / TTM
ROCE
% · Annual / TTM
ROIIC
% · Annual / TTM
NOPAT is undefined under this method: pretax profit must be positive and the effective tax rate must be between 0 and 100%.
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 30, 2026 | 2.77% | 4.22% | — | 1.62% | 0.94% | -6.5 pp |
| FY 2026 Q1 | Mar 31, 2026 | 4.38% | 4.33% | — | 3.74% | 2.11% | -4.9 pp |
| FY 2025 Q4 | Dec 31, 2025 | 6.25% | 5.95% | — | 6.01% | 3.42% | -3 pp |
| FY 2025 Q3 | Sep 30, 2025 | — | 4.46% | — | 14.78% | 8.3% | — |
| FY 2025 Q2 | Jun 30, 2025 | — | 4.41% | — | 14.27% | 7.95% | — |
| FY 2025 Q1 | Mar 31, 2025 | — | 3.82% | — | 12.93% | 7.26% | — |
| FY 2024 Q4 | Dec 31, 2024 | — | 3.41% | — | 14.5% | 8.18% | — |
| FY 2024 Q3 | Sep 30, 2024 | — | 3.01% | — | 5.98% | 3.28% | — |
| FY 2024 Q2 | Jun 30, 2024 | — | 1.73% | — | 4.41% | 2.38% | — |
| FY 2024 Q1 | Mar 31, 2024 | — | -0.1% | — | 2.74% | 1.49% | — |
| FY 2023 Q4 | Dec 31, 2023 | — | -1.18% | — | 0.05% | 0.03% | — |
| FY 2023 Q3 | Sep 30, 2023 | — | -1.25% | — | -1.64% | -0.91% | — |
| FY 2023 Q2 | Jun 30, 2023 | — | -1.44% | — | -1.55% | -0.89% | — |
| FY 2023 Q1 | Mar 31, 2023 | — | -1.77% | — | -2.03% | -1.17% | — |
| FY 2022 Q4 | Dec 31, 2022 | — | -3.98% | — | -5.28% | -2.39% | — |
| FY 2022 Q3 | Sep 30, 2022 | — | -3.6% | — | -5.18% | -2.34% | — |
| FY 2022 Q2 | Jun 30, 2022 | — | -3.14% | — | -5% | -2.29% | — |
| FY 2022 Q1 | Mar 31, 2022 | — | -0.92% | — | -0.78% | -0.38% | — |
| FY 2021 Q4 | Dec 31, 2021 | — | 2.26% | — | 5.59% | 1.4% | — |
| FY 2021 Q3 | Sep 30, 2021 | — | 4.13% | — | 21.39% | 4.88% | — |
| FY 2021 Q2 | Jun 30, 2021 | — | 4.65% | — | 24.85% | 5.3% | — |
| FY 2021 Q1 | Mar 31, 2021 | — | 2.84% | — | 17.37% | 4.13% | — |
| FY 2020 Q4 | Dec 31, 2020 | — | -0.44% | — | 9.69% | 2.96% | — |
| FY 2020 Q3 | Sep 30, 2020 | — | -1.4% | — | 18.72% | 5.12% | — |
| FY 2020 Q2 | Jun 30, 2020 | — | -1.98% | — | 19.48% | 4.86% | — |
| FY 2020 Q1 | Mar 31, 2020 | — | -1.34% | — | 21.01% | 5.91% | — |
| FY 2019 Q4 | Dec 31, 2019 | — | 1.04% | — | 26.48% | 9.59% | — |
| FY 2019 Q3 | Sep 30, 2019 | — | 0.27% | — | -3.68% | -1.1% | — |
| FY 2019 Q2 | Jun 30, 2019 | — | -1.59% | — | -4.72% | -1.3% | — |
| FY 2019 Q1 | Mar 31, 2019 | — | -2.17% | — | -5.45% | -1.55% | — |
| FY 2018 Q4 | Dec 31, 2018 | — | -2.11% | — | -4.03% | -1.41% | — |
| FY 2018 Q3 | Sep 30, 2018 | — | -2.85% | — | -2.79% | -0.86% | — |
| FY 2018 Q2 | Jun 30, 2018 | — | -3.07% | — | -6.91% | -2.33% | — |
| FY 2018 Q1 | Mar 31, 2018 | — | -5.35% | — | -9.97% | -3.61% | — |
| FY 2017 Q4 | Dec 31, 2017 | — | -5.87% | — | -9.22% | -3.7% | — |
| FY 2017 Q3 | Sep 30, 2017 | — | -6.42% | — | -10.02% | -3.97% | — |
| FY 2017 Q2 | Jun 30, 2017 | — | -8.82% | — | -13.37% | -5.87% | — |
| FY 2017 Q1 | Mar 31, 2017 | — | -11.41% | — | -16.76% | -7.09% | — |
| FY 2016 Q4 | Dec 31, 2016 | — | — | — | — | — | — |
| FY 2016 Q3 | Sep 30, 2016 | — | — | — | — | — | — |
| FY 2016 Q2 | Jun 30, 2016 | — | — | — | — | — | — |
| FY 2016 Q1 | Mar 31, 2016 | — | — | — | — | — | — |
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 · XYZ, 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.