NVIDIA Corp. (NVDA)
Return on Capital (ROC)
Return on capital (ROC) is after tax rate of return on net business assets. ROIC is unaffected by changes in interest rates or company’s debt and equity structure. It measures business productivity performance.
Return on Invested Capital (ROIC)
NVIDIA Corp., ROIC calculation
|Jan 26, 2020||Jan 27, 2019||Jan 28, 2018||Jan 29, 2017||Jan 31, 2016||Jan 25, 2015|
|Selected Financial Data (US$ in millions)|
|Net operating profit after taxes (NOPAT)1|
Based on: 10-K (filing date: 2020-02-20), 10-K (filing date: 2019-02-21), 10-K (filing date: 2018-02-28), 10-K (filing date: 2017-03-01), 10-K (filing date: 2016-03-17), 10-K (filing date: 2015-03-12).
1 NOPAT. See details »
2 Invested capital. See details »
3 2020 Calculation
ROIC = 100 × NOPAT ÷ Invested capital
= 100 × ÷ =
|Performance ratio||Description||The company|
|ROIC||A measure of the periodic, after tax, cash-on-cash yield earned in the business.||NVIDIA Corp.’s ROIC improved from 2018 to 2019 but then deteriorated significantly from 2019 to 2020.|