Qorvo (QRVO) Return on Invested Capital [ROIC] (2016 - 2026)
Qorvo (QRVO) posted Return on Invested Capital [ROIC] of 8.24% for fiscal Q1 2027 (quarter ended Jun 27, 2026), up 6.24 percentage points from 2.00% a year earlier and up 1.34 percentage points from the prior quarter.
Qorvo (QRVO) Return on Invested Capital [ROIC] (2016 - 2026) Analysis & Trends
For FY2026 (ended Mar 28, 2026), Qorvo's Return on Invested Capital [ROIC] came in at 7.12%, up 5.58 percentage points from FY2025.
- Annual Return on Invested Capital [ROIC] shows a five-year change of -11.32 percentage points (FY2021 to FY2026).
- In prior fiscal years, Qorvo's Return on Invested Capital [ROIC] was 1.54% in FY2025 (+1.54 pp), 0.00% in FY2024 (-2.42 pp), 2.42% in FY2023 (-16.68 pp) and 19.10% in FY2022 (+0.65 pp).
- The fiscal Q1 2027 figure stands as the highest quarterly Return on Invested Capital [ROIC] since fiscal Q2 2023.
- On a year-over-year basis, Return on Invested Capital [ROIC] has increased in each of the last eight quarters, with an average year-over-year change of +3.76 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Invested Capital [ROIC] in the past five years was fiscal Q2 2022, with a gain of 15.75 percentage points; the weakest was fiscal Q2 2023, with a drop of 13.67 percentage points.
- According to Business Quant data, Return on Invested Capital [ROIC] for the three prior fiscal quarters was 6.91% (Q4 2026), 6.88% (Q3 2026) and 4.65% (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,257.94 Bn | 5,032.10 Bn | 72.14 Bn | 71.14% |
| 2 | Taiwan Semiconductor Manufacturing | 2,182.39 Bn | 1,807.25 Bn | 27.22 Bn | 33.38% |
| 3 | Broadcom | 1,596.71 Bn | 1,522.75 Bn | 20.46 Bn | 25.97% |
| 4 | Micron Technology | 1,020.41 Bn | 926.05 Bn | 47.05 Bn | 67.70% |
| 5 | Advanced Micro Devices | 879.62 Bn | 836.36 Bn | 6.20 Bn | 8.03% |
| 6 | Asml Holding | 640.55 Bn | 596.23 Bn | 5.90 Bn | - |
| 7 | Intel | 470.49 Bn | 339.62 Bn | 6.51 Bn | -0.05% |
| 8 | Lam Research | 342.11 Bn | 318.91 Bn | 3.48 Bn | 47.24% |
| 9 | Applied Materials | 328.25 Bn | 293.69 Bn | 4.59 Bn | 25.26% |
| 10 | Qorvo | 10.07 Bn | 5.10 Bn | 400.97 Mn | 8.24% |
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 8.24% |
| Mar 28, 2026 | 6.91% |
| Dec 27, 2025 | 6.88% |
| Sep 27, 2025 | 4.65% |
| Jun 28, 2025 | 2.00% |
| Mar 29, 2025 | 1.63% |
| Dec 28, 2024 | 0.64% |
| Sep 28, 2024 | 0.05% |
| Jun 29, 2024 | 0.00% |
| Mar 30, 2024 | 0.00% |
| Dec 30, 2023 | -2.21% |
| Sep 30, 2023 | -1.16% |
| Jul 1, 2023 | 0.56% |
| Apr 1, 2023 | 2.49% |
| Dec 31, 2022 | 8.12% |
| Oct 1, 2022 | 11.70% |
| Jul 2, 2022 | 13.51% |
| Apr 2, 2022 | 16.11% |
| Jan 1, 2022 | 20.01% |
| Oct 2, 2021 | 25.38% |
Qorvo 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=QRVO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "QRVO", "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=QRVO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();