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 8.56% is 17% above its 5-year average of 7.34%, near the high end of its 5-year range (-19.57%–17.67%).
As of the fiscal period ended Tuesday, June 30, 2026. 117.61% above its 12-month average of 3.93%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q4 FY2026 (2026-06-30): 8.56%.
RETURN ON INVESTED CAPITAL (ROIC)
8.56%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
3.93%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
1.07%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
7.34%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-1.33%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
-3.75%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
-2.12%
CURRENT VS TTM AVG
+117.61%
CURRENT VS 3Y AVG
+698.90%
CURRENT VS 5Y AVG
+16.55%
CURRENT VS 10Y AVG
+745.03%
CURRENT VS 15Y AVG
+328.13%
CURRENT VS 20Y AVG
+503.82%
SECTOR MEDIAN · TECHNOLOGY
0.74%
median of 597 covered companies
CURRENT VS SECTOR MEDIAN
+1056.68%
vs the sector median at left
Extreme Networks, Inc.
Market Cap
$3.19B
Return on Invested Capital (ROIC)
8.56%
TTM Avg
3.93%
3Y Avg
1.07%
5Y Avg
7.34%
Market Cap
$3.20B
Return on Invested Capital (ROIC)
-12.27%
TTM Avg
-27.45%
3Y Avg
-28.11%
5Y Avg
-29.97%
Market Cap
$3.21B
Return on Invested Capital (ROIC)
-6.17%
TTM Avg
-4.70%
3Y Avg
3.85%
5Y Avg
0.80%
Market Cap
$3.15B
Return on Invested Capital (ROIC)
9.24%
TTM Avg
8.32%
3Y Avg
11.76%
5Y Avg
9.86%
Market Cap
$3.26B
Return on Invested Capital (ROIC)
2.27%
TTM Avg
3.06%
3Y Avg
3.17%
5Y Avg
5.51%
Market Cap
$3.11B
Return on Invested Capital (ROIC)
9.54%
TTM Avg
3.95%
3Y Avg
-3.17%
5Y Avg
-8.67%
Market Cap
$3.27B
Return on Invested Capital (ROIC)
8.82%
TTM Avg
9.43%
3Y Avg
9.41%
5Y Avg
9.11%
Market Cap
$3.09B
Return on Invested Capital (ROIC)
9.24%
TTM Avg
8.32%
3Y Avg
11.76%
5Y Avg
9.86%
Market Cap
$3.08B
Return on Invested Capital (ROIC)
-11.63%
TTM Avg
-11.63%
3Y Avg
-11.63%
5Y Avg
-11.63%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Extreme Networks, Inc. (EXTR) | $3.19B | 8.56% | 3.93% | 1.07% | 7.34% |
| Navitas Semiconductor Corp (NVTS)vs › | $3.20B | -12.27% | -27.45% | -28.11% | -29.97% |
| Aehr Test Systems (AEHR)vs › | $3.21B | -6.17% | -4.70% | 3.85% | 0.80% |
| Bel Fuse Inc. (BELFB)vs › | $3.15B | 9.24% | 8.32% | 11.76% | 9.86% |
| Ultra Clean Holdings, Inc. (UCTT)vs › | $3.26B | 2.27% | 3.06% | 3.17% | 5.51% |
| AvePoint, Inc. (AVPT)vs › | $3.11B | 9.54% | 3.95% | -3.17% | -8.67% |
| OSI Systems, Inc. (OSIS)vs › | $3.27B | 8.82% | 9.43% | 9.41% | 9.11% |
| Bel Fuse Inc. (BELFA)vs › | $3.09B | 9.24% | 8.32% | 11.76% | 9.86% |
| Ionic Digital Inc. Class A (IOND)vs › | $3.08B | -11.63% | -11.63% | -11.63% | -11.63% |
| Ouster, Inc. (OUST)vs › | $3.32B | -15.98% | -39.63% | -73.32% | -79.00% |
ROIC
8.6%
ROE
47.5%
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 | 8.56% |
| 2026-03-31 | 3.56% |
| 2025-12-31 | 2.93% |
| 2025-09-30 | 3.00% |
| 2025-06-30 | 1.63% |
| 2025-03-31 | -5.23% |
| 2024-12-31 | -18.34% |
| 2024-09-30 | -19.57% |
| 2024-06-30 | -11.97% |
| 2024-03-31 | 2.07% |
| 2023-12-31 | 14.94% |
| 2023-09-30 | 17.67% |
| 2023-06-30 | 14.70% |
| 2023-03-31 | 11.62% |
| 2022-12-31 | 10.06% |
| 2022-09-30 | 8.93% |
| 2022-06-30 | 9.05% |
| 2022-03-31 | 10.19% |
| 2021-12-31 | 8.98% |
| 2021-09-30 | 6.38% |
| 2021-06-30 | 3.17% |
| 2021-03-31 | 0.64% |
| 2020-12-31 | -8.15% |
| 2020-09-30 | -11.22% |
| 2020-06-30 | -16.03% |
| 2020-03-31 | -15.46% |
| 2019-12-31 | -9.88% |
| 2019-09-30 | -6.38% |
| 2019-06-30 | -3.59% |
| 2019-03-31 | -1.41% |
| 2018-12-31 | -2.90% |
| 2018-09-30 | -11.39% |
| 2018-06-30 | -9.11% |
| 2018-03-31 | -5.03% |
| 2017-12-31 | -3.62% |
| 2017-09-30 | 2.27% |
| 2017-06-30 | 1.15% |
| 2017-03-31 | -4.54% |
| 2016-12-31 | -7.38% |
| 2016-09-30 | -10.55% |
| 2016-06-30 | -14.12% |
| 2016-03-31 | -20.95% |
| 2015-12-31 | -26.68% |
| 2015-09-30 | -28.60% |
| 2015-06-30 | -30.79% |
| 2015-03-31 | -28.90% |
| 2014-12-31 | -25.25% |
| 2014-09-30 | -23.00% |
| 2014-06-30 | -16.21% |
| 2014-03-31 | -10.71% |
| 2013-12-31 | -3.96% |
| 2013-09-30 | -1.13% |
| 2013-06-30 | 4.65% |
| 2013-03-31 | 6.28% |
| 2012-12-31 | 8.42% |
| 2012-09-30 | 11.98% |
| 2012-06-30 | 6.88% |
| 2012-04-01 | 2.91% |
| 2012-01-01 | -1.48% |
| 2011-10-02 | 0.76% |
| 2011-06-30 | 1.33% |
| 2011-03-27 | 4.36% |
| 2010-12-26 | 10.05% |
| 2010-09-26 | 3.82% |
| 2010-06-30 | -0.88% |
| 2010-03-28 | -1.62% |
| 2009-12-27 | -5.47% |
| 2009-09-27 | -3.25% |
| 2009-06-30 | 0.31% |
| 2009-03-29 | -0.36% |
| 2008-12-28 | -0.18% |
| 2008-09-28 | 0.08% |
| 2008-06-30 | 0.37% |
| 2008-03-30 | -1.18% |
| 2007-12-30 | -1.57% |
| 2007-09-30 | -5.26% |
| 2007-06-30 | -9.08% |
| 2007-04-01 | -8.79% |
| 2006-12-31 | -6.15% |
| 2006-10-01 | -0.80% |
| 2006-06-30 | 0.84% |
| 2006-04-02 | 1.89% |
| 2006-01-01 | 1.15% |
| 2005-10-02 | 1.65% |
| 2005-06-30 | 1.76% |
| 2005-03-27 | 1.24% |
| 2004-12-26 | 1.29% |
| 2004-09-26 | -0.70% |
| 2004-06-30 | -1.13% |
| 2004-03-28 | -3.94% |
| 2003-12-28 | -6.54% |
| 2003-09-28 | -13.28% |
| 2003-06-30 | -15.57% |
