Basis: Trailing twelve months (TTM), to the latest fiscal quarter end. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the return on invested capital (ROIC) high or low?
The return on invested capital (ROIC) of 12.95% is 65% above its 5-year average of 7.83%, around the middle of its 5-year range (-4.74%–23.17%).
As of the fiscal period ended Saturday, August 1, 2026. 31.08% above its 12-month average of 9.88%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q1 FY2027 (2026-08-01): 12.95%.
RETURN ON INVESTED CAPITAL (ROIC)
12.95%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
9.88%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
11.43%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
7.83%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
4.43%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
5.31%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
6.35%
CURRENT VS TTM AVG
+31.08%
CURRENT VS 3Y AVG
+13.26%
CURRENT VS 5Y AVG
+65.32%
CURRENT VS 10Y AVG
+192.42%
CURRENT VS 15Y AVG
+143.96%
CURRENT VS 20Y AVG
+103.84%
SECTOR MEDIAN · TECHNOLOGY
3.92%
median of 379 covered companies
CURRENT VS SECTOR MEDIAN
+230.30%
vs the sector median at left
Daktronics, Inc.
Market Cap
$859.47M
Return on Invested Capital (ROIC)
12.95%
TTM Avg
9.88%
3Y Avg
11.43%
5Y Avg
7.83%
Market Cap
$867.96M
Return on Invested Capital (ROIC)
-0.01%
TTM Avg
-4.17%
3Y Avg
-1.81%
5Y Avg
1.62%
Market Cap
$843.50M
Return on Invested Capital (ROIC)
0.76%
TTM Avg
5.96%
3Y Avg
3.00%
5Y Avg
-0.33%
Market Cap
$833.00M
Return on Invested Capital (ROIC)
-11.30%
TTM Avg
-30.35%
3Y Avg
-47.09%
5Y Avg
-37.35%
Market Cap
$897.50M
Return on Invested Capital (ROIC)
3.08%
TTM Avg
1.24%
3Y Avg
1.20%
5Y Avg
0.78%
Market Cap
$796.61M
Return on Invested Capital (ROIC)
2.61%
TTM Avg
2.47%
3Y Avg
-4.54%
5Y Avg
0.98%
Market Cap
$793.55M
Return on Invested Capital (ROIC)
-25.08%
TTM Avg
-10.09%
3Y Avg
1.19%
5Y Avg
10.39%
Market Cap
$965.75M
Return on Invested Capital (ROIC)
-63.42%
TTM Avg
-115.45%
3Y Avg
-84.53%
5Y Avg
-76.01%
Market Cap
$990.24M
Return on Invested Capital (ROIC)
-2.77%
TTM Avg
-21.19%
3Y Avg
-21.04%
5Y Avg
-13.96%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Daktronics, Inc. (DAKT) | $859.47M | 12.95% | 9.88% | 11.43% | 7.83% |
| Alpha and Omega Semiconductor Limited (AOSL)vs › | $867.96M | -0.01% | -4.17% | -1.81% | 1.62% |
| Frequency Electronics, Inc. (FEIM)vs › | $843.50M | 0.76% | 5.96% | 3.00% | -0.33% |
| Backblaze, Inc. (BLZE)vs › | $833.00M | -11.30% | -30.35% | -47.09% | -37.35% |
| Daily Journal Corporation (DJCO)vs › | $897.50M | 3.08% | 1.24% | 1.20% | 0.78% |
| Viant Technology Inc. (DSP)vs › | $796.61M | 2.61% | 2.47% | -4.54% | 0.98% |
| HIVE Digital Technologies Ltd. (HIVE)vs › | $793.55M | -25.08% | -10.09% | 1.19% | 10.39% |
| Aeva Technologies, Inc. (AEVA)vs › | $965.75M | -63.42% | -115.45% | -84.53% | -76.01% |
| Rackspace Technology, Inc. (RXT)vs › | $990.24M | -2.77% | -21.19% | -21.04% | -13.96% |
| Gilat Satellite Networks Ltd. (GILT)vs › | $709.43M | 4.01% | 5.48% | 5.17% | 5.83% |
ROIC
12.9%
ROE
15.2%
ROIC = NOPAT / Invested Capital, where NOPAT = Operating Income × (1 − effective tax rate) and Invested Capital = Total Assets − (Current Liabilities − Short-Term Debt)
Return on invested capital measures the after-tax operating return a company earns on the capital invested in the business. TGMCharts computes it from reported statements: trailing-twelve-month operating income after tax, over invested capital at the latest balance sheet — total assets less the non-interest-bearing current liabilities (payables, accruals, deferred revenue) that fund them; short-term debt stays in the capital base. The tax rate is the period's own effective rate (income tax ÷ pretax income), capped at 45%; when pretax income is zero or negative, or the tax line is a net benefit, no tax is deducted — the operating figure is shown untaxed rather than adjusted by an assumed rate. Not shown for banks, insurers or funds.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2026-08-01 | 12.95% |
| 2026-05-02 | 12.96% |
| 2026-01-31 | 10.19% |
| 2025-11-01 | 6.35% |
| 2025-08-02 | 6.94% |
| 2025-04-30 | 9.96% |
| 2025-01-25 | 8.22% |
| 2024-10-26 | 11.62% |
| 2024-07-27 | 10.68% |
| 2024-04-30 | 16.55% |
| 2024-01-27 | 23.17% |
| 2023-10-28 | 19.33% |
| 2023-07-29 | 11.39% |
| 2023-04-30 | 1.52% |
| 2023-01-28 | -4.74% |
| 2022-10-29 | -4.22% |
| 2022-07-30 | -2.87% |
| 2022-04-30 | 0.98% |
| 2022-01-29 | 1.97% |
| 2021-10-30 | 3.68% |
| 2021-07-31 | 4.03% |
| 2021-04-30 | 5.82% |
| 2021-01-30 | 4.80% |
| 2020-10-31 | 0.81% |
| 2020-08-01 | 0.75% |
| 2020-04-30 | -0.07% |
| 2020-02-01 | -3.19% |
| 2019-11-02 | -2.28% |
| 2019-08-03 | -0.51% |
| 2019-04-30 | -2.20% |
| 2019-01-26 | 0.07% |
| 2018-10-27 | 1.41% |
| 2018-07-28 | 1.13% |
| 2018-04-30 | 3.00% |
| 2018-01-27 | 4.56% |
| 2017-10-28 | 4.66% |
| 2017-07-29 | 5.53% |
| 2017-04-30 | 4.52% |
| 2017-01-28 | 2.63% |
| 2016-10-29 | 3.74% |
| 2016-07-30 | 1.38% |
| 2016-04-30 | 0.71% |
| 2016-01-30 | 3.83% |
| 2015-10-31 | 4.75% |
| 2015-08-01 | 6.66% |
| 2015-04-30 | 8.66% |
| 2015-01-31 | 7.92% |
| 2014-11-01 | 8.85% |
| 2014-08-02 | 10.64% |
| 2014-04-30 | 9.71% |
| 2014-01-25 | 9.90% |
| 2013-10-26 | 9.88% |
| 2013-07-27 | 10.37% |
| 2013-04-30 | 10.99% |
| 2013-01-26 | 9.61% |
| 2012-10-27 | 8.19% |
| 2012-07-28 | 4.71% |
| 2012-04-30 | 3.61% |
| 2012-01-28 | 5.33% |
| 2011-10-29 | 4.75% |
| 2011-07-30 | 6.17% |
| 2011-04-30 | 5.69% |
| 2011-01-29 | 2.67% |
| 2010-10-30 | -2.26% |
| 2010-07-31 | -2.71% |
| 2010-04-30 | -2.90% |
| 2010-01-30 | -0.17% |
| 2009-10-31 | 4.90% |
| 2009-08-01 | 8.45% |
| 2009-04-30 | 12.16% |
| 2009-01-31 | 14.77% |
| 2008-11-01 | 15.12% |
| 2008-08-02 | 13.81% |
| 2008-04-30 | 13.16% |
| 2008-01-26 | 11.89% |
| 2007-10-27 | 13.04% |
| 2007-07-28 | 13.96% |
| 2007-04-30 | 13.01% |
| 2007-01-27 | 15.31% |
| 2006-10-28 | 15.79% |
| 2006-07-29 | 14.49% |
| 2006-04-30 | 15.01% |
| 2006-01-28 | 12.62% |
| 2005-10-29 | 11.87% |
| 2005-07-30 | 12.23% |
| 2005-04-30 | 12.81% |
| 2005-01-29 | 14.70% |
| 2004-10-30 | 15.17% |
| 2004-07-31 | 17.99% |
| 2004-04-30 | 18.37% |
| 2004-01-31 | 18.63% |
| 2003-11-01 | 18.75% |
| 2003-08-02 | 16.85% |