3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
BILL Holdings's 3-Year ROIIC % for the quarter that ended in Jun. 2025 was 21.59%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for BILL Holdings's 3-Year ROIIC % or its related term are showing as below:
BILL's 3-Year ROIIC % is ranked better than 69.05% of 2627
companies
in the Software industry
Industry Median: 5.25
vs BILL: 21.59
BILL Holdings (NYSE:BILL) 3-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
BILL Holdings 3-Year ROIIC % Related Terms
BILL Holdings 3-Year ROIIC % Historical Data
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The historical data trend for BILL Holdings's 3-Year ROIIC % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
BILL vs BULL, ADEA, MNDY: 3-Year ROIIC % Comparison
For the Software - Application subindustry, BILL Holdings's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
BILL Holdings 3-Year ROIIC % vs Software Industry
For the Software industry and Technology sector, BILL Holdings's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where BILL Holdings's 3-Year ROIIC % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
BILL Holdings (BILL) has a 3-Year ROIIC % of 21.59 as of Jun. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on BILL Holdings and its competitors. According to the industry distribution chart, BILL Holdings ranks #813 out of 2627 companies in the Software industry, placing it in the top 30.9%.
Is BILL Holdings' 3-Year ROIIC % too high?
BILL Holdings' current 3-Year ROIIC % is 21.59. The Software industry median 3-Year ROIIC % is 5.25. BILL Holdings' value of 21.59 is 311.2% above this industry median. Based on the distribution chart, BILL Holdings ranks #813 out of 2627 companies in the Software industry, which is above the industry midpoint. Overall, BILL Holdings has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does BILL Holdings' 3-Year ROIIC % compare to BULL and ADEA?
According to the Software industry distribution chart, BILL Holdings ranks #813 out of 2627 companies for 3-Year ROIIC %. This puts BILL Holdings in the upper half of its industry. The industry median 3-Year ROIIC % is 5.25. BILL Holdings' value of 21.59 is 311.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for a Software company?
The median 3-Year ROIIC % among Software companies is 5.25, based on 2,627 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BILL Holdings's current 3-Year ROIIC % of 21.59 is 311.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on BILL Holdings and its competitors. For the Software industry, the median 3-Year ROIIC % is 5.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BILL Holdings's current 3-Year ROIIC % is 21.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BILL Holdings stock overvalued right now?
Based on GuruFocus' analysis, BILL Holdings (BILL) is currently considered Possible Value Trap. The stock's GF Value™ is $65.91, compared to a current price of $36.16 — trading 45.1% below its estimated fair value. The current 3-Year ROIIC % is 21.59 and 311.2% above the Software industry median of 5.25. BILL Holdings' overall GF Score™ is 71/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For BILL Holdings (BILL), the current 3-Year ROIIC % is 21.59 as of Jun. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is BILL Holdings (BILL) Overvalued in 2026?
Based on GuruFocus' analysis, BILL Holdings stock appears to be undervalued.
The current stock price of $36.16 is trading 45.1% below its estimated GF Value™ of $65.91.
GuruFocus considers BILL Holdings to be Possible Value Trap.
Key valuation signals for BILL:
3-Year ROIIC %: 21.59
GF Value™: $65.91 vs. price of $36.16 (45.1% below fair value)
Industry Position: 311.2% above the Software median (#813 of 2627)
No single metric tells the full story. See the BILL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BILL Holdings Inc is a provider of software-as-a-service, cloud-based payments and spend and expense management products, which allow users to automate accounts payable and accounts receivable transactions, enable businesses to easily connect with their suppliers or customers to do business, eliminate expense reports, manage cash flows and improve back office efficiency. Initial Public Offering and Follow-on Offering.
71GF Score
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