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 5.98% is 186% above its 5-year average of 2.09%, near the high end of its 5-year range (-35.76%–5.98%).
As of the fiscal period ended Tuesday, June 30, 2026. 19.72% above its 12-month average of 5.00%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q1 FY2027 (2026-06-30): 5.98%.
RETURN ON INVESTED CAPITAL (ROIC)
5.98%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
5.00%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-7.40%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
2.09%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
0.89%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
3.65%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
4.02%
CURRENT VS TTM AVG
+19.72%
CURRENT VS 3Y AVG
+180.89%
CURRENT VS 5Y AVG
+186.43%
CURRENT VS 10Y AVG
+574.58%
CURRENT VS 15Y AVG
+64.04%
CURRENT VS 20Y AVG
+48.83%
SECTOR MEDIAN · TECHNOLOGY
1.89%
median of 553 covered companies
CURRENT VS SECTOR MEDIAN
+216.53%
vs the sector median at left
NetScout Systems, Inc.
Market Cap
$2.98B
Return on Invested Capital (ROIC)
5.98%
TTM Avg
5.00%
3Y Avg
-7.40%
5Y Avg
2.09%
Market Cap
$2.98B
Return on Invested Capital (ROIC)
-16.36%
TTM Avg
-21.62%
3Y Avg
-25.33%
5Y Avg
-27.09%
Market Cap
$3.01B
Return on Invested Capital (ROIC)
5.00%
TTM Avg
2.69%
3Y Avg
7.83%
5Y Avg
9.42%
Market Cap
$3.00B
Return on Invested Capital (ROIC)
-9.32%
TTM Avg
-17.80%
3Y Avg
-18.59%
5Y Avg
-15.30%
Market Cap
$2.91B
Return on Invested Capital (ROIC)
9.30%
TTM Avg
8.28%
3Y Avg
8.73%
5Y Avg
8.91%
Market Cap
$3.06B
Return on Invested Capital (ROIC)
7.57%
TTM Avg
2.66%
3Y Avg
2.03%
5Y Avg
1.54%
Market Cap
$2.87B
Return on Invested Capital (ROIC)
-11.53%
TTM Avg
-8.28%
3Y Avg
-10.25%
5Y Avg
-12.73%
Market Cap
$2.86B
Return on Invested Capital (ROIC)
25.78%
TTM Avg
21.38%
3Y Avg
20.00%
5Y Avg
14.80%
Market Cap
$3.09B
Return on Invested Capital (ROIC)
9.24%
TTM Avg
8.32%
3Y Avg
11.76%
5Y Avg
9.86%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| NetScout Systems, Inc. (NTCT) | $2.98B | 5.98% | 5.00% | -7.40% | 2.09% |
| Braze, Inc. (BRZE)vs › | $2.98B | -16.36% | -21.62% | -25.33% | -27.09% |
| Power Integrations, Inc. (POWI)vs › | $3.01B | 5.00% | 2.69% | 7.83% | 9.42% |
| Ambarella, Inc. (AMBA)vs › | $3.00B | -9.32% | -17.80% | -18.59% | -15.30% |
| SPS Commerce, Inc. (SPSC)vs › | $2.91B | 9.30% | 8.28% | 8.73% | 8.91% |
| Penguin Solutions, Inc. (PENG)vs › | $3.06B | 7.57% | 2.66% | 2.03% | 1.54% |
| Intapp, Inc. (INTA)vs › | $2.87B | -11.53% | -8.28% | -10.25% | -12.73% |
| StoneCo Ltd. (STNE)vs › | $2.86B | 25.78% | 21.38% | 20.00% | 14.80% |
| Bel Fuse Inc. (BELFA)vs › | $3.09B | 9.24% | 8.32% | 11.76% | 9.86% |
| Ionic Digital Inc. Class A (IOND)vs › | $3.10B | -11.63% | -11.63% | -11.63% | -11.63% |
ROIC
6.0%
ROE
7.3%
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 | 5.98% |
| 2026-03-31 | 4.67% |
| 2025-12-31 | 4.93% |
| 2025-09-30 | 5.11% |
| 2025-06-30 | 4.28% |
| 2025-03-31 | -20.54% |
| 2024-12-31 | -23.53% |
| 2024-09-30 | -35.76% |
| 2024-06-30 | -35.50% |
| 2024-03-31 | -6.77% |
| 2023-12-31 | -5.01% |
| 2023-09-30 | 3.02% |
| 2023-06-30 | 2.96% |
| 2023-03-31 | 2.85% |
| 2022-12-31 | 2.48% |
| 2022-09-30 | 2.20% |
| 2022-06-30 | 1.83% |
| 2022-03-31 | 1.49% |
| 2021-12-31 | 2.29% |
| 2021-09-30 | 1.81% |
| 2021-06-30 | 1.37% |
| 2021-03-31 | 1.20% |
| 2020-12-31 | 1.03% |
| 2020-09-30 | 1.42% |
| 2020-06-30 | 0.81% |
| 2020-03-31 | 0.36% |
| 2019-12-31 | 0.70% |
| 2019-09-30 | -0.11% |
| 2019-06-30 | -0.66% |
| 2019-03-31 | -2.48% |
| 2018-12-31 | -3.72% |
| 2018-09-30 | -2.39% |
| 2018-06-30 | -1.63% |
| 2018-03-31 | -0.14% |
| 2017-12-31 | 1.43% |
| 2017-09-30 | 0.82% |
| 2017-06-30 | 0.81% |
| 2017-03-31 | 1.26% |
| 2016-12-31 | 0.60% |
| 2016-09-30 | -0.42% |
| 2016-06-30 | -1.59% |
| 2016-03-31 | -0.81% |
| 2015-12-31 | 0.17% |
| 2015-09-30 | 1.10% |
| 2015-06-30 | 11.88% |
| 2015-03-31 | 12.95% |
| 2014-12-31 | 12.30% |
| 2014-09-30 | 12.80% |
| 2014-06-30 | 12.42% |
| 2014-03-31 | 11.06% |
| 2013-12-31 | 11.05% |
| 2013-09-30 | 9.95% |
| 2013-06-30 | 10.12% |
| 2013-03-31 | 10.17% |
| 2012-12-31 | 10.10% |
| 2012-09-30 | 8.86% |
| 2012-06-30 | 8.53% |
| 2012-03-31 | 7.91% |
| 2011-12-31 | 7.82% |
| 2011-09-30 | 8.33% |
| 2011-06-30 | 8.35% |
| 2011-03-31 | 9.47% |
| 2010-12-31 | 8.85% |
| 2010-09-30 | 8.56% |
| 2010-06-30 | 8.51% |
| 2010-03-31 | 8.12% |
| 2009-12-31 | 8.14% |
| 2009-09-30 | 8.38% |
| 2009-06-30 | 7.96% |
| 2009-03-31 | 7.14% |
| 2008-12-31 | 4.70% |
| 2008-09-30 | 0.42% |
| 2008-06-30 | -1.36% |
| 2008-03-31 | -1.76% |
| 2007-12-31 | 1.24% |
| 2007-09-30 | 4.75% |
| 2007-06-30 | 4.37% |
| 2007-03-31 | 3.52% |
| 2006-12-31 | 3.54% |
| 2006-09-30 | 3.71% |
| 2006-06-30 | 3.38% |
| 2006-03-31 | 3.20% |
| 2005-12-31 | 2.55% |
| 2005-09-30 | 2.00% |
| 2005-06-30 | 1.81% |
| 2005-03-31 | 1.76% |
| 2004-12-31 | 1.13% |
| 2004-09-30 | 0.58% |
| 2004-06-30 | -0.20% |
| 2004-03-31 | -1.49% |
| 2003-12-31 | -1.40% |
| 2003-09-30 | -2.57% |
| 2003-06-30 | -3.72% |