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 9.25% is 387% above its 5-year average of 1.90%, near the high end of its 5-year range (-20.00%–9.25%).
As of the fiscal period ended Tuesday, June 30, 2026. 51.14% above its 12-month average of 6.12%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q4 FY2026 (2026-06-30): 9.25%.
RETURN ON INVESTED CAPITAL (ROIC)
9.25%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
6.12%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
3.40%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
1.90%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
2.72%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
3.65%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
3.07%
CURRENT VS TTM AVG
+51.14%
CURRENT VS 3Y AVG
+171.98%
CURRENT VS 5Y AVG
+386.91%
CURRENT VS 10Y AVG
+239.89%
CURRENT VS 15Y AVG
+153.14%
CURRENT VS 20Y AVG
+201.56%
SECTOR MEDIAN · TECHNOLOGY
2.30%
median of 522 covered companies
CURRENT VS SECTOR MEDIAN
+301.19%
vs the sector median at left
NetSol Technologies, Inc.
Market Cap
$73.69M
Return on Invested Capital (ROIC)
9.25%
TTM Avg
6.12%
3Y Avg
3.40%
5Y Avg
1.90%
Market Cap
$73.87M
Return on Invested Capital (ROIC)
-0.05%
TTM Avg
-48.23%
3Y Avg
-48.23%
5Y Avg
-48.23%
Market Cap
$73.17M
Return on Invested Capital (ROIC)
-67.07%
TTM Avg
-80.86%
3Y Avg
-90.58%
5Y Avg
-312.34%
Market Cap
$73.27M
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$70.75M
Return on Invested Capital (ROIC)
-19.24%
TTM Avg
-47.36%
3Y Avg
-240.89%
5Y Avg
-235.25%
Market Cap
$76.01M
Return on Invested Capital (ROIC)
10.82%
TTM Avg
10.41%
3Y Avg
17.92%
5Y Avg
13.80%
Market Cap
$75.37M
Return on Invested Capital (ROIC)
-29.61%
TTM Avg
-42.47%
3Y Avg
-9.45%
5Y Avg
-9.45%
Market Cap
$76.65M
Return on Invested Capital (ROIC)
-16.58%
TTM Avg
-19.80%
3Y Avg
-11.95%
5Y Avg
-16.62%
Market Cap
$76.66M
Return on Invested Capital (ROIC)
-19.30%
TTM Avg
6.57%
3Y Avg
-23.62%
5Y Avg
-21.24%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| NetSol Technologies, Inc. (NTWK) | $73.69M | 9.25% | 6.12% | 3.40% | 1.90% |
| Airship AI Holdings, Inc. (AISP)vs › | $73.87M | -0.05% | -48.23% | -48.23% | -48.23% |
| Arbe Robotics Ltd. (ARBE)vs › | $73.17M | -67.07% | -80.86% | -90.58% | -312.34% |
| QTREX Quantum Ltd. (QTEX)vs › | $73.27M | N/A | N/A | N/A | N/A |
| Datacentrex, Inc. (DTCX)vs › | $70.75M | -19.24% | -47.36% | -240.89% | -235.25% |
| FatPipe, Inc. (FATN)vs › | $76.01M | 10.82% | 10.41% | 17.92% | 13.80% |
| Rank One Computing Corp. (ROC)vs › | $75.37M | -29.61% | -42.47% | -9.45% | -9.45% |
| AmpliTech Group, Inc. (AMPG)vs › | $76.65M | -16.58% | -19.80% | -11.95% | -16.62% |
| Inseego Corp. (INSG)vs › | $76.66M | -19.30% | 6.57% | -23.62% | -21.24% |
| CSP Inc. (CSPI)vs › | $77.45M | -5.77% | -4.82% | -1.54% | -1.83% |
ROIC
9.2%
ROE
7.1%
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 | 9.25% |
| 2026-03-31 | 7.28% |
| 2025-12-31 | 5.99% |
| 2025-09-30 | 2.92% |
| 2025-06-30 | 5.15% |
| 2025-03-31 | 1.27% |
| 2024-12-31 | 1.00% |
| 2024-09-30 | 3.13% |
| 2024-06-30 | 4.84% |
| 2024-03-31 | -0.46% |
| 2023-12-31 | -2.98% |
| 2023-09-30 | -15.13% |
| 2023-06-30 | -20.00% |
| 2023-03-31 | -8.46% |
| 2022-12-31 | -13.37% |
| 2022-09-30 | -2.32% |
| 2022-06-30 | -0.99% |
| 2022-03-31 | 2.01% |
| 2021-12-31 | 3.06% |
| 2021-09-30 | 0.96% |
| 2021-06-30 | 2.52% |
| 2021-03-31 | 2.49% |
| 2020-12-31 | 2.16% |
| 2020-09-30 | 2.78% |
| 2020-06-30 | 0.75% |
| 2020-03-31 | 0.86% |
| 2019-12-31 | 3.20% |
| 2019-09-30 | 5.61% |
| 2019-06-30 | 8.49% |
| 2019-03-31 | 7.79% |
| 2018-12-31 | 9.14% |
| 2018-09-30 | 6.56% |
| 2018-06-30 | 3.18% |
| 2018-03-31 | -1.22% |
| 2017-12-31 | -1.45% |
| 2017-09-30 | -0.74% |
| 2017-06-30 | -1.47% |
| 2017-03-31 | 4.88% |
| 2016-12-31 | 4.15% |
| 2016-09-30 | 5.26% |
| 2016-06-30 | 6.80% |
| 2016-03-31 | 2.99% |
| 2015-12-31 | 0.08% |
| 2015-09-30 | -3.90% |
| 2015-06-30 | -6.66% |
| 2015-03-31 | -16.14% |
| 2014-12-31 | -17.45% |
| 2014-09-30 | -17.98% |
| 2014-06-30 | -15.73% |
| 2014-03-31 | -1.29% |
| 2013-12-31 | 4.09% |
| 2013-09-30 | 8.88% |
| 2013-06-30 | 11.72% |
| 2013-03-31 | 12.75% |
| 2012-12-31 | 12.58% |
| 2012-09-30 | 11.31% |
| 2012-06-30 | 8.60% |
| 2012-03-31 | 2.23% |
| 2011-12-31 | 6.12% |
| 2011-09-30 | 10.17% |
| 2011-06-30 | 14.20% |
| 2011-03-31 | 19.31% |
| 2010-12-31 | 19.28% |
| 2010-09-30 | 17.53% |
| 2010-06-30 | 16.77% |
| 2010-03-31 | 8.49% |
| 2009-12-31 | -3.83% |
| 2009-09-30 | -13.24% |
| 2009-06-30 | -13.55% |
| 2009-03-31 | -9.03% |
| 2008-12-31 | 3.31% |
| 2008-09-30 | 9.94% |
| 2008-06-30 | 13.37% |
| 2008-03-31 | 14.31% |
| 2007-12-31 | 11.79% |
| 2007-09-30 | 10.84% |
| 2007-06-30 | 6.27% |
| 2007-03-31 | -2.14% |
| 2006-12-31 | -2.97% |
| 2006-09-30 | -3.32% |
| 2006-06-30 | -0.83% |
| 2006-03-31 | 5.47% |
| 2005-12-31 | 4.51% |
| 2005-09-30 | 3.62% |
| 2005-06-30 | 2.64% |
| 2005-03-31 | -1.70% |
| 2004-12-31 | -9.33% |
| 2004-09-30 | -22.18% |
| 2004-06-30 | -31.07% |
| 2004-03-31 | -22.69% |
| 2003-12-31 | -26.81% |
| 2003-09-30 | -27.07% |
| 2003-06-30 | -34.60% |
