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 10.82% is in line with its 2-year average of 10.28%, around the middle of its 2-year range (3.73%–20.72%).
As of the fiscal period ended Tuesday, June 30, 2026. 46.30% above its 12-month average of 7.39%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q1 FY2026 (2026-06-30): 10.82%.
RETURN ON INVESTED CAPITAL (ROIC)
10.82%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
7.39%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
+46.30%
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
1.99%
median of 541 covered companies
CURRENT VS SECTOR MEDIAN
+443.60%
vs the sector median at left
FatPipe, Inc.
Market Cap
$75.65M
Return on Invested Capital (ROIC)
10.82%
TTM Avg
7.39%
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$76.14M
Return on Invested Capital (ROIC)
-16.58%
TTM Avg
-19.80%
3Y Avg
-11.95%
5Y Avg
-16.62%
Market Cap
$77.15M
Return on Invested Capital (ROIC)
-19.30%
TTM Avg
6.57%
3Y Avg
-23.62%
5Y Avg
-21.24%
Market Cap
$74.60M
Return on Invested Capital (ROIC)
-29.61%
TTM Avg
-42.47%
3Y Avg
-9.45%
5Y Avg
-9.45%
Market Cap
$73.65M
Return on Invested Capital (ROIC)
-0.05%
TTM Avg
-48.23%
3Y Avg
-48.23%
5Y Avg
-48.23%
Market Cap
$73.27M
Return on Invested Capital (ROIC)
-67.07%
TTM Avg
-80.86%
3Y Avg
-90.58%
5Y Avg
-312.34%
Market Cap
$78.72M
Return on Invested Capital (ROIC)
-11.94%
TTM Avg
-4.97%
3Y Avg
-4.97%
5Y Avg
-4.97%
Market Cap
$73.16M
Return on Invested Capital (ROIC)
9.25%
TTM Avg
8.57%
3Y Avg
0.41%
5Y Avg
0.53%
Market Cap
$78.86M
Return on Invested Capital (ROIC)
-5.77%
TTM Avg
-4.82%
3Y Avg
-1.54%
5Y Avg
-1.83%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| FatPipe, Inc. (FATN) | $75.65M | 10.82% | 7.39% | N/A | N/A |
| AmpliTech Group, Inc. (AMPG)vs › | $76.14M | -16.58% | -19.80% | -11.95% | -16.62% |
| Inseego Corp. (INSG)vs › | $77.15M | -19.30% | 6.57% | -23.62% | -21.24% |
| Rank One Computing Corp. (ROC)vs › | $74.60M | -29.61% | -42.47% | -9.45% | -9.45% |
| Airship AI Holdings, Inc. (AISP)vs › | $73.65M | -0.05% | -48.23% | -48.23% | -48.23% |
| Arbe Robotics Ltd. (ARBE)vs › | $73.27M | -67.07% | -80.86% | -90.58% | -312.34% |
| SkyAI, Inc. (SKYA)vs › | $78.72M | -11.94% | -4.97% | -4.97% | -4.97% |
| NetSol Technologies, Inc. (NTWK)vs › | $73.16M | 9.25% | 8.57% | 0.41% | 0.53% |
| CSP Inc. (CSPI)vs › | $78.86M | -5.77% | -4.82% | -1.54% | -1.83% |
| Datacentrex, Inc. (DTCX)vs › | $71.72M | -19.24% | -47.36% | -240.89% | -235.25% |
ROIC
10.8%
ROE
20.6%
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 | 10.82% |
| 2026-03-31 | 11.56% |
| 2025-12-31 | 4.50% |
| 2025-09-30 | 3.73% |
| 2025-06-30 | 6.35% |
| 2025-03-31 | 7.10% |
| 2024-12-31 | 17.46% |
| 2024-09-30 | 20.72% |
