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 9.83% is 644% above its 5-year average of -1.81%, near the high end of its 5-year range (-17.33%–9.83%).
As of the fiscal period ended Friday, July 31, 2026. 248.70% above its 12-month average of 2.82%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q3 FY2026 (2026-07-31): 9.83%.
RETURN ON INVESTED CAPITAL (ROIC)
9.83%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
2.82%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-2.55%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-1.81%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-4.34%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
-2.56%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
-1.55%
CURRENT VS TTM AVG
+248.70%
CURRENT VS 3Y AVG
+485.37%
CURRENT VS 5Y AVG
+644.31%
CURRENT VS 10Y AVG
+326.45%
CURRENT VS 15Y AVG
+484.12%
CURRENT VS 20Y AVG
+732.30%
SECTOR MEDIAN · TECHNOLOGY
1.59%
median of 560 covered companies
CURRENT VS SECTOR MEDIAN
+516.04%
vs the sector median at left
Optical Cable Corporation
Market Cap
$149.00M
Return on Invested Capital (ROIC)
9.83%
TTM Avg
2.82%
3Y Avg
-2.55%
5Y Avg
-1.81%
Market Cap
$145.76M
Return on Invested Capital (ROIC)
7.26%
TTM Avg
6.17%
3Y Avg
5.20%
5Y Avg
5.32%
Market Cap
$145.27M
Return on Invested Capital (ROIC)
N/A
TTM Avg
-16.95%
3Y Avg
-55.38%
5Y Avg
-55.38%
Market Cap
$142.99M
Return on Invested Capital (ROIC)
-50.10%
TTM Avg
-425.78%
3Y Avg
-271.21%
5Y Avg
-241.03%
Market Cap
$140.95M
Return on Invested Capital (ROIC)
-91.13%
TTM Avg
-68.02%
3Y Avg
-66.63%
5Y Avg
-62.04%
Market Cap
$160.40M
Return on Invested Capital (ROIC)
-6.06%
TTM Avg
-3.68%
3Y Avg
-2.19%
5Y Avg
-1.91%
Market Cap
$136.57M
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$133.72M
Return on Invested Capital (ROIC)
-6.48%
TTM Avg
-8.41%
3Y Avg
-8.04%
5Y Avg
-10.37%
Market Cap
$132.18M
Return on Invested Capital (ROIC)
-26.60%
TTM Avg
-17.36%
3Y Avg
-518.98%
5Y Avg
-377.70%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Optical Cable Corporation (OCC) | $149.00M | 9.83% | 2.82% | -2.55% | -1.81% |
| eGain Corporation (EGAN)vs › | $145.76M | 7.26% | 6.17% | 5.20% | 5.32% |
| Nano Labs Ltd (NA)vs › | $145.27M | N/A | -16.95% | -55.38% | -55.38% |
| Axe Compute Inc. (AGPU)vs › | $142.99M | -50.10% | -425.78% | -271.21% | -241.03% |
| Digimarc Corp. (DMRC)vs › | $140.95M | -91.13% | -68.02% | -66.63% | -62.04% |
| Sangoma Technologies Corporation (SANG)vs › | $160.40M | -6.06% | -3.68% | -2.19% | -1.91% |
| Huckleberry.ai, Inc. Class B (HUCK)vs › | $136.57M | N/A | N/A | N/A | N/A |
| KVH Industries, Inc. (KVHI)vs › | $133.72M | -6.48% | -8.41% | -8.04% | -10.37% |
| Datavault AI Inc. (DVLT)vs › | $132.18M | -26.60% | -17.36% | -518.98% | -377.70% |
| CTW Cayman Class A Ordinary Shares (CTW)vs › | $131.66M | N/A | 5.97% | 8.14% | 8.14% |
ROIC
9.8%
ROE
10.6%
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) |
|---|---|
| 2026-07-31 | 9.83% |
| 2026-04-30 | 5.59% |
| 2026-01-31 | 0.64% |
| 2025-10-31 | -1.75% |
| 2025-07-31 | -0.22% |
| 2025-04-30 | -6.53% |
| 2025-01-31 | -9.44% |
| 2024-10-31 | -10.01% |
| 2024-07-31 | -17.33% |
| 2024-04-30 | -11.71% |
| 2024-01-31 | -4.28% |
| 2023-10-31 | 2.57% |
| 2023-07-31 | 9.49% |
| 2023-04-30 | 8.54% |
| 2023-01-31 | 6.29% |
| 2022-10-31 | 1.44% |
| 2022-07-31 | -2.20% |
| 2022-04-30 | -2.98% |
| 2022-01-31 | -2.35% |
| 2021-10-31 | -6.28% |
| 2021-07-31 | -7.22% |
| 2021-04-30 | -9.65% |
| 2021-01-31 | -17.18% |
| 2020-10-31 | -17.17% |
| 2020-07-31 | -18.16% |
| 2020-04-30 | -15.83% |
| 2020-01-31 | -14.21% |
| 2019-10-31 | -15.71% |
| 2019-07-31 | -14.14% |
| 2019-04-30 | -9.25% |
| 2019-01-31 | -3.31% |
| 2018-10-31 | 4.79% |
| 2018-07-31 | 3.71% |
| 2018-04-30 | 1.53% |
| 2018-01-31 | -2.92% |
| 2017-10-31 | -3.34% |
| 2017-07-31 | 0.39% |
| 2017-04-30 | 1.77% |
| 2017-01-31 | -0.29% |
| 2016-10-31 | -3.30% |
| 2016-07-31 | -7.73% |
| 2016-04-30 | -9.79% |
| 2016-01-31 | -9.54% |
| 2015-10-31 | -6.00% |
| 2015-07-31 | 0.08% |
| 2015-04-30 | 2.01% |
| 2015-01-31 | 2.78% |
| 2014-10-31 | 2.27% |
| 2014-07-31 | -0.04% |
| 2014-04-30 | -1.59% |
| 2014-01-31 | -0.42% |
| 2013-10-31 | 1.04% |
| 2013-07-31 | 1.73% |
| 2013-04-30 | 4.98% |
| 2013-01-31 | 7.20% |
| 2012-10-31 | 7.45% |
| 2012-07-31 | 7.00% |
| 2012-04-30 | 4.30% |
| 2012-01-31 | 1.96% |
| 2011-10-31 | 2.20% |
| 2011-07-31 | 4.25% |
| 2011-04-30 | 5.57% |
| 2011-01-31 | 2.92% |
| 2010-10-31 | 0.37% |
| 2010-07-31 | -2.26% |
| 2010-04-30 | -7.22% |
| 2010-01-31 | -2.30% |
| 2009-10-31 | -3.80% |
| 2009-07-31 | -3.36% |
| 2009-04-30 | -0.33% |
| 2009-01-31 | 1.80% |
| 2008-10-31 | 4.94% |
| 2008-07-31 | 6.34% |
| 2008-04-30 | 8.76% |
| 2008-01-31 | 6.64% |
| 2007-10-31 | 3.81% |
| 2007-07-31 | 3.86% |
| 2007-04-30 | 2.69% |
| 2007-01-31 | 1.47% |
| 2006-10-31 | 1.16% |
| 2006-07-31 | -0.89% |
| 2006-04-30 | 0.01% |
| 2006-01-31 | 2.41% |
| 2005-10-31 | 3.96% |
| 2005-07-31 | 4.61% |
| 2005-04-30 | 4.56% |
| 2005-01-31 | 3.56% |
| 2004-10-31 | 3.03% |
| 2004-07-31 | 3.44% |
| 2004-04-30 | 3.01% |
| 2004-01-31 | 3.40% |
| 2003-10-31 | 3.74% |
| 2003-07-31 | 3.15% |