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 4.04% is 161% above its 5-year average of -6.62%, near the high end of its 5-year range (-27.41%–4.74%).
As of the fiscal period ended Tuesday, June 30, 2026. 26.02% above its 12-month average of 3.21%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q1 FY2027 (2026-06-30): 4.04%.
RETURN ON INVESTED CAPITAL (ROIC)
4.04%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
3.21%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
3.14%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-6.62%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-12.15%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
-5.91%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
-4.60%
CURRENT VS TTM AVG
+26.02%
CURRENT VS 3Y AVG
+28.69%
CURRENT VS 5Y AVG
+161.04%
CURRENT VS 10Y AVG
+133.24%
CURRENT VS 15Y AVG
+168.39%
CURRENT VS 20Y AVG
+187.90%
SECTOR MEDIAN · TECHNOLOGY
0.43%
median of 609 covered companies
CURRENT VS SECTOR MEDIAN
+839.31%
vs the sector median at left
8x8, Inc.
Market Cap
$307.00M
Return on Invested Capital (ROIC)
4.04%
TTM Avg
3.21%
3Y Avg
3.14%
5Y Avg
-6.62%
Market Cap
$310.03M
Return on Invested Capital (ROIC)
2.87%
TTM Avg
-23.07%
3Y Avg
-11.35%
5Y Avg
-7.32%
Market Cap
$301.48M
Return on Invested Capital (ROIC)
-15.77%
TTM Avg
-33.03%
3Y Avg
-53.74%
5Y Avg
-38.63%
Market Cap
$315.51M
Return on Invested Capital (ROIC)
-22.05%
TTM Avg
-22.05%
3Y Avg
-51.83%
5Y Avg
-26.16%
Market Cap
$315.62M
Return on Invested Capital (ROIC)
-1.53%
TTM Avg
2.14%
3Y Avg
-0.31%
5Y Avg
-2.10%
Market Cap
$293.93M
Return on Invested Capital (ROIC)
7.56%
TTM Avg
15.02%
3Y Avg
14.03%
5Y Avg
7.13%
Market Cap
$326.96M
Return on Invested Capital (ROIC)
-3.84%
TTM Avg
-32.39%
3Y Avg
-29.11%
5Y Avg
-22.92%
Market Cap
$287.71M
Return on Invested Capital (ROIC)
-26.97%
TTM Avg
-26.57%
3Y Avg
-15.03%
5Y Avg
-10.79%
Market Cap
$333.18M
Return on Invested Capital (ROIC)
-83.01%
TTM Avg
-187.50%
3Y Avg
-174.03%
5Y Avg
-174.03%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| 8x8, Inc. (EGHT) | $307.00M | 4.04% | 3.21% | 3.14% | -6.62% |
| Amtech Systems, Inc. (ASYS)vs › | $310.03M | 2.87% | -23.07% | -11.35% | -7.32% |
| Gorilla Technology Group Inc. (GRRR)vs › | $301.48M | -15.77% | -33.03% | -53.74% | -38.63% |
| Currenc Group, Inc. (CURR)vs › | $315.51M | -22.05% | -22.05% | -51.83% | -26.16% |
| Ribbon Communications Inc. (RBBN)vs › | $315.62M | -1.53% | 2.14% | -0.31% | -2.10% |
| TSS, Inc. (TSSI)vs › | $293.93M | 7.56% | 15.02% | 14.03% | 7.13% |
| Telos Corporation (TLS)vs › | $326.96M | -3.84% | -32.39% | -29.11% | -22.92% |
| Silvaco Group, Inc. Common Stock (SVCO)vs › | $287.71M | -26.97% | -26.57% | -15.03% | -10.79% |
| Kodiak AI, Inc. Common Stock (KDK)vs › | $333.18M | -83.01% | -187.50% | -174.03% | -174.03% |
| Lantronix, Inc. (LTRX)vs › | $332.78M | -2.85% | -7.13% | -5.77% | -5.74% |
ROIC
4.0%
ROE
3.2%
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) |
|---|---|
| 2026-06-30 | 4.04% |
| 2026-03-31 | 2.48% |
| 2025-12-31 | 3.15% |
| 2025-09-30 | 3.02% |
| 2025-06-30 | 3.33% |
| 2025-03-31 | 3.23% |
| 2024-12-31 | 4.74% |
| 2024-09-30 | 4.16% |
| 2024-06-30 | 2.60% |
| 2024-03-31 | 2.29% |
| 2023-12-31 | 1.47% |
| 2023-09-30 | -2.63% |
| 2023-06-30 | -6.14% |
| 2023-03-31 | -9.82% |
| 2022-12-31 | -16.44% |
| 2022-09-30 | -18.91% |
| 2022-06-30 | -19.90% |
| 2022-03-31 | -21.45% |
| 2021-12-31 | -24.22% |
| 2021-09-30 | -27.41% |
| 2021-06-30 | -26.55% |
| 2021-03-31 | -26.24% |
| 2020-12-31 | -26.95% |
| 2020-09-30 | -28.06% |
| 2020-06-30 | -29.13% |
| 2020-03-31 | -27.69% |
| 2019-12-31 | -23.32% |
| 2019-09-30 | -22.15% |
| 2019-06-30 | -22.90% |
| 2019-03-31 | -19.29% |
| 2018-12-31 | -32.62% |
| 2018-09-30 | -28.74% |
| 2018-06-30 | -20.57% |
| 2018-03-31 | -18.96% |
| 2017-12-31 | -14.38% |
| 2017-09-30 | -4.96% |
| 2017-06-30 | -3.58% |
| 2017-03-31 | -2.30% |
| 2016-12-31 | -2.09% |
| 2016-09-30 | -2.37% |
| 2016-06-30 | -2.89% |
| 2016-03-31 | -2.54% |
| 2015-12-31 | -1.48% |
| 2015-09-30 | -0.15% |
| 2015-06-30 | 0.68% |
| 2015-03-31 | 0.78% |
| 2014-12-31 | 0.66% |
| 2014-09-30 | 0.16% |
| 2014-06-30 | 0.12% |
| 2014-03-31 | 0.65% |
| 2013-12-31 | 1.79% |
| 2013-09-30 | 4.86% |
| 2013-06-30 | 5.17% |
| 2013-03-31 | 9.99% |
| 2012-12-31 | 16.24% |
| 2012-09-30 | 16.46% |
| 2012-06-30 | 15.64% |
| 2012-03-31 | 6.06% |
| 2011-12-31 | 13.00% |
| 2011-09-30 | 12.20% |
| 2011-06-30 | 37.59% |
| 2011-03-31 | 38.94% |
| 2010-12-31 | 29.34% |
| 2010-09-30 | 33.12% |
| 2010-06-30 | 29.27% |
| 2010-03-31 | 29.25% |
| 2009-12-31 | -7.29% |
| 2009-09-30 | -18.95% |
| 2009-06-30 | -38.46% |
| 2009-03-31 | -32.83% |
| 2008-12-31 | 12.64% |
| 2008-09-30 | 10.70% |
| 2008-06-30 | -20.67% |
| 2008-03-31 | -44.83% |
| 2007-12-31 | -92.64% |
| 2007-09-30 | -157.82% |
| 2007-06-30 | -102.81% |
| 2007-03-31 | -158.96% |
| 2006-12-31 | -179.51% |
| 2006-09-30 | -172.58% |
| 2006-06-30 | -168.36% |
| 2006-03-31 | -123.92% |
| 2005-12-31 | -95.47% |
| 2005-09-30 | -126.67% |
| 2005-06-30 | -90.73% |
| 2005-03-31 | -66.93% |
| 2004-12-31 | -60.85% |
| 2004-09-30 | -50.71% |
| 2004-06-30 | -24.33% |
| 2004-03-31 | -30.20% |
| 2003-12-31 | -51.68% |
| 2003-09-30 | -291.02% |
| 2003-06-30 | -844.42% |
