Return on Invested Capital snapshot
Advanced Micro Devices's return on invested capital was 6.2% in FY2025, compared with 2.8% in FY2024. On a trailing-twelve-month basis it was 7.0% as of Q1 FY26. Return on invested capital (ROIC) is after-tax operating profit divided by invested capital (debt plus equity, less cash). It measures the return a company earns on the total capital put to work in the business.
Return on Invested Capital (latest FY)
6.2%
Return on Invested Capital (TTM)
7.0%
Return on equity (latest FY)
6.9%
Return on assets (latest FY)
5.6%
Advanced Micro Devices Return on Invested Capital
After-tax operating profit ÷ invested capital
Return on Invested Capital vs. related metrics
Advanced Micro Devices Return on Invested Capital — by fiscal year
| Fiscal year | Return on invested capital | Return on equity | Return on assets |
|---|---|---|---|
| FY2025 | 6.2% | 6.9% | 5.6% |
| FY2024 | 2.8% | 2.9% | 2.4% |
| FY2023 | 1.2% | 1.5% | 1.3% |
| FY2022 | 2.7% | 2.4% | 2.0% |
| FY2021 | 59.5% | 42.2% | 25.5% |
| FY2020 | 58.2% | 42.7% | 27.8% |
| FY2019 | 31.3% | 12.1% | 5.7% |
| FY2018 | 32.2% | 26.6% | 7.4% |
| FY2017 | 34.7% | -5.5% | -0.9% |
| FY2016 | -62.5% | -104.4% | -15.0% |
| FY2015 | -43.6% | 188.6% | -21.4% |
| FY2014 | -9.9% | -215.5% | -10.7% |
| FY2013 | 6.7% | -15.3% | -1.9% |
| FY2012 | -50.7% | -219.9% | -29.6% |
| FY2011 | 16.5% | 30.9% | 9.9% |
| FY2010 | 30.2% | 46.5% | 9.5% |
| FY2009 | 14.9% | 58.0% | 4.1% |
| FY2008 | — | -2463.8% | — |
| FY2007 | — | — | — |
By quarter (trailing-twelve-month basis)
| Quarter | Return on invested capital | Return on equity | Return on assets |
|---|---|---|---|
| Q1 FY26 | 7.0% | 7.8% | 6.3% |
| Q4 FY25 | 6.2% | 6.9% | 5.6% |
| Q3 FY25 | 5.0% | 5.4% | 4.3% |
| Q2 FY25 | 4.4% | 4.7% | 3.8% |
| Q1 FY25 | 3.9% | 3.8% | 3.1% |
| Q4 FY24 | 2.8% | 2.9% | 2.4% |
| Q3 FY24 | 3.1% | 3.2% | 2.6% |
| Q2 FY24 | 2.2% | 2.4% | 2.0% |
| Q1 FY24 | 1.7% | 2.0% | 1.6% |
| Q4 FY23 | 1.2% | 1.5% | 1.3% |
| Q3 FY23 | -5.8% | 0.4% | 0.3% |
| Q2 FY23 | -0.1% | -0.0% | -0.0% |
Figures normalized from SEC filings. See the full Advanced Micro Devices ratios & metrics.