Impinj (PI) Return on Invested Capital [ROIC] (2016 - 2026)
Impinj's Return on Invested Capital [ROIC] came in at -0.58% for Q3 2026, down 0.23 percentage points from -0.34% a year earlier but up 0.88 percentage points from the prior quarter.
Impinj (PI) Return on Invested Capital [ROIC] (2016 - 2026) Analysis & Trends
For FY2025, Impinj's Return on Invested Capital [ROIC] was -0.16%, up 1.72 percentage points from FY2024.
- Return on Invested Capital [ROIC] carries a five-year change of +27.55 percentage points (FY2020 to FY2025).
- Going back by year, Return on Invested Capital [ROIC] was -1.88% in FY2024 (+12.23 pp), -14.11% in FY2023 (-7.31 pp), -6.80% in FY2022 (+10.10 pp) and -16.90% in FY2021 (+10.81 pp).
- The five-year range for quarterly Return on Invested Capital [ROIC] is -16.53% (Q4 2021) to -0.15% (Q4 2025).
- Year-over-year, Return on Invested Capital [ROIC] has declined for three consecutive quarters, with an average year-over-year change of +4.64 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Invested Capital [ROIC] over five years came in Q1 2022 (a gain of 18.00 percentage points), and the weakest in Q1 2024 (a drop of 9.03 percentage points).
- Business Quant data shows PI's Return on Invested Capital [ROIC] at -1.46% (Q2 2026), -1.35% (Q1 2026) and -0.15% (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 4,516.52 Bn | 4,290.68 Bn | 72.14 Bn | 71.14% |
| 2 | Taiwan Semiconductor Manufacturing | 1,945.01 Bn | 1,569.87 Bn | 27.22 Bn | 33.38% |
| 3 | Broadcom | 1,397.97 Bn | 1,324.02 Bn | 20.46 Bn | 25.97% |
| 4 | Micron Technology | 778.23 Bn | 683.86 Bn | 47.05 Bn | 67.70% |
| 5 | Advanced Micro Devices | 731.93 Bn | 680.14 Bn | 7.21 Bn | 10.50% |
| 6 | Asml Holding | 553.38 Bn | 509.07 Bn | 5.90 Bn | - |
| 7 | Intel | 294.27 Bn | 140.33 Bn | 7.10 Bn | 1.05% |
| 8 | Applied Materials | 264.14 Bn | 229.58 Bn | 4.59 Bn | 25.26% |
| 9 | Texas Instruments | 253.31 Bn | 228.18 Bn | 3.89 Bn | 22.86% |
| 10 | Impinj | 5.23 Bn | 4.68 Bn | 59.13 Mn | -0.58% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -0.58% |
| Jun 30, 2026 | -1.46% |
| Mar 31, 2026 | -1.35% |
| Dec 31, 2025 | -0.15% |
| Sep 30, 2025 | -0.34% |
| Jun 30, 2025 | -0.63% |
| Mar 31, 2025 | -0.99% |
| Dec 31, 2024 | -1.65% |
| Sep 30, 2024 | -4.42% |
| Jun 30, 2024 | -8.69% |
| Mar 31, 2024 | -13.88% |
| Dec 31, 2023 | -13.65% |
| Sep 30, 2023 | -8.91% |
| Jun 30, 2023 | -4.60% |
| Mar 31, 2023 | -4.84% |
| Dec 31, 2022 | -6.74% |
| Sep 30, 2022 | -9.90% |
| Jun 30, 2022 | -13.75% |
| Mar 31, 2022 | -13.47% |
| Dec 31, 2021 | -16.53% |
Impinj 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=PI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "PI", "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=PI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();