indie Semiconductor (INDI) Return on Invested Capital [ROIC] (2021 - 2026)
indie Semiconductor's Return on Invested Capital [ROIC] was -19.35% in Q3 2026, up 0.97 percentage points from -20.32% a year earlier but down 0.41 percentage points from the prior quarter.
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Analysis
indie Semiconductor (INDI) Return on Invested Capital [ROIC] (2021 - 2026) Analysis & Trends
For FY2025, Return on Invested Capital [ROIC] at indie Semiconductor came in at -19.33%, up 3.59 percentage points from FY2024.
- Return on Invested Capital [ROIC] has now increased for four consecutive years, with a four-year change of +48.75 percentage points (FY2021 to FY2025).
- In earlier years, Return on Invested Capital [ROIC] was -22.92% in FY2024 (+0.37 pp), -23.29% in FY2023 (+6.46 pp), -29.75% in FY2022 (+38.34 pp) and -68.09% in FY2021.
- Quarterly Return on Invested Capital [ROIC] has moved between -39.11% (Q4 2021) and -18.94% (Q2 2026) over five years.
- Compared with a year earlier, Return on Invested Capital [ROIC] was higher in six of the last eight quarters, with an average year-over-year change of +1.27 percentage points.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was Q3 2023 (a gain of 12.13 percentage points); the worst was Q4 2024 (a drop of 0.91 percentage points).
- Per Business Quant data, INDI's Return on Invested Capital [ROIC] in the three quarters before Q3 2026 was -18.94% (Q2 2026), -20.11% (Q1 2026) and -20.38% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | SK hynix | 24,980.27 Bn | 24,964.04 Bn | 43.99 Bn | - |
| 2 | Taiwan Semiconductor Manufacturing | 10,337.48 Bn | 9,919.73 Bn | 31.04 Bn | 34.41% |
| 3 | Nvidia | 3,939.34 Bn | 3,713.50 Bn | 72.14 Bn | 71.14% |
| 4 | Broadcom | 1,653.85 Bn | 1,579.89 Bn | 20.46 Bn | 25.97% |
| 5 | Micron Technology | 880.27 Bn | 785.91 Bn | 47.05 Bn | 67.70% |
| 6 | Advanced Micro Devices | 875.86 Bn | 824.07 Bn | 7.21 Bn | 10.50% |
| 7 | Asml Holding | 576.26 Bn | 531.95 Bn | 5.90 Bn | - |
| 8 | Intel | 316.79 Bn | 179.50 Bn | 7.10 Bn | 1.05% |
| 9 | Applied Materials | 294.03 Bn | 294.03 Bn | 5.25 Bn | - |
| 10 | indie Semiconductor | 482.67 Mn | -79.95 Mn | 22.37 Mn | -19.35% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -19.35% |
| Jun 30, 2026 | -18.94% |
| Mar 31, 2026 | -20.11% |
| Dec 31, 2025 | -20.38% |
| Sep 30, 2025 | -20.32% |
| Jun 30, 2025 | -20.97% |
| Mar 31, 2025 | -19.37% |
| Dec 31, 2024 | -22.50% |
| Sep 30, 2024 | -23.00% |
| Jun 30, 2024 | -21.55% |
| Mar 31, 2024 | -22.79% |
| Dec 31, 2023 | -21.59% |
| Sep 30, 2023 | -24.93% |
| Jun 30, 2023 | -24.47% |
| Mar 31, 2023 | -23.60% |
| Dec 31, 2022 | -29.98% |
| Sep 30, 2022 | -37.06% |
| Jun 30, 2022 | -33.40% |
| Mar 31, 2022 | -31.56% |
| Dec 31, 2021 | -39.11% |
API Access
indie Semiconductor Return on Invested Capital [ROIC] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=INDI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "INDI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=INDI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();