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 4.01% is in line with its 5-year average of 4.16%, near the low end of its 5-year range (0.47%–24.45%).
As of the fiscal period ended Tuesday, June 30, 2026. 6.31% below its 12-month average of 4.28%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 4.01%.
RETURN ON INVESTED CAPITAL (ROIC)
4.01%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
4.28%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
5.24%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
4.16%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
4.77%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
1.93%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
1.60%
CURRENT VS TTM AVG
-6.31%
CURRENT VS 3Y AVG
-23.58%
CURRENT VS 5Y AVG
-3.59%
CURRENT VS 10Y AVG
-15.94%
CURRENT VS 15Y AVG
+107.85%
CURRENT VS 20Y AVG
+150.42%
SECTOR MEDIAN · TECHNOLOGY
0.38%
median of 608 covered companies
CURRENT VS SECTOR MEDIAN
+968.81%
vs the sector median at left
Gilat Satellite Networks Ltd.
Market Cap
$695.84M
Return on Invested Capital (ROIC)
4.01%
TTM Avg
4.28%
3Y Avg
5.24%
5Y Avg
4.16%
Market Cap
$682.52M
Return on Invested Capital (ROIC)
-0.70%
TTM Avg
-9.50%
3Y Avg
-11.48%
5Y Avg
-9.30%
Market Cap
$681.40M
Return on Invested Capital (ROIC)
15.90%
TTM Avg
18.55%
3Y Avg
2.14%
5Y Avg
-0.58%
Market Cap
$718.10M
Return on Invested Capital (ROIC)
12.36%
TTM Avg
9.19%
3Y Avg
8.13%
5Y Avg
5.08%
Market Cap
$669.18M
Return on Invested Capital (ROIC)
-3.95%
TTM Avg
-1.85%
3Y Avg
-1.98%
5Y Avg
-1.98%
Market Cap
$668.77M
Return on Invested Capital (ROIC)
17.68%
TTM Avg
19.29%
3Y Avg
19.32%
5Y Avg
19.45%
Market Cap
$650.82M
Return on Invested Capital (ROIC)
3.34%
TTM Avg
0.31%
3Y Avg
-11.54%
5Y Avg
-6.79%
Market Cap
$743.13M
Return on Invested Capital (ROIC)
-8.60%
TTM Avg
-8.20%
3Y Avg
-7.75%
5Y Avg
-15.26%
Market Cap
$640.72M
Return on Invested Capital (ROIC)
13.53%
TTM Avg
12.61%
3Y Avg
8.79%
5Y Avg
7.62%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Gilat Satellite Networks Ltd. (GILT) | $695.84M | 4.01% | 4.28% | 5.24% | 4.16% |
| LightPath Technologies, Inc. (LPTH)vs › | $682.52M | -0.70% | -9.50% | -11.48% | -9.30% |
| OneSpan Inc. (OSPN)vs › | $681.40M | 15.90% | 18.55% | 2.14% | -0.58% |
| TaskUs, Inc. (TASK)vs › | $718.10M | 12.36% | 9.19% | 8.13% | 5.08% |
| WhiteFiber, Inc. Ordinary Shares (WYFI)vs › | $669.18M | -3.95% | -1.85% | -1.98% | -1.98% |
| Consensus Cloud Solutions, Inc. (CCSI)vs › | $668.77M | 17.68% | 19.29% | 19.32% | 19.45% |
| Cognyte Software Ltd. (CGNT)vs › | $650.82M | 3.34% | 0.31% | -11.54% | -6.79% |
| Stratasys Ltd. (SSYS)vs › | $743.13M | -8.60% | -8.20% | -7.75% | -15.26% |
| Priority Technology Holdings, Inc. (PRTH)vs › | $640.72M | 13.53% | 12.61% | 8.79% | 7.62% |
| Grid Dynamics Holdings, Inc. (GDYN)vs › | $634.41M | -0.19% | -0.20% | -1.69% | -2.80% |
ROIC
4.0%
ROE
5.6%
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 | 4.01% |
| 2026-03-31 | 4.40% |
| 2025-12-31 | 3.08% |
| 2025-09-30 | 4.71% |
| 2025-06-30 | 5.20% |
| 2025-03-31 | 3.34% |
| 2024-12-31 | 7.18% |
| 2024-09-30 | 4.54% |
| 2024-06-30 | 6.10% |
| 2024-03-31 | 7.20% |
| 2023-12-31 | 7.61% |
| 2023-09-30 | 6.27% |
| 2023-06-30 | 4.57% |
| 2023-03-31 | 3.82% |
| 2022-12-31 | 2.11% |
| 2022-09-30 | 1.94% |
| 2022-06-30 | 1.43% |
| 2022-03-31 | 1.04% |
| 2021-12-31 | 0.47% |
| 2021-09-30 | 24.45% |
| 2021-06-30 | 19.34% |
| 2021-03-31 | 18.30% |
| 2020-12-31 | 13.75% |
| 2020-09-30 | -6.60% |
| 2020-06-30 | 0.79% |
| 2020-03-31 | 4.03% |
| 2019-12-31 | 9.30% |
| 2019-09-30 | 8.28% |
| 2019-06-30 | 9.42% |
| 2019-03-31 | 9.25% |
| 2018-12-31 | 8.22% |
| 2018-09-30 | 7.65% |
| 2018-06-30 | 5.53% |
| 2018-03-31 | 5.64% |
| 2017-12-31 | 4.44% |
| 2017-09-30 | 4.89% |
| 2017-06-30 | 3.42% |
| 2017-03-31 | 1.58% |
| 2016-12-31 | 0.31% |
| 2016-09-30 | -3.84% |
| 2016-06-30 | -15.87% |
| 2016-03-31 | -18.65% |
| 2015-12-31 | -19.63% |
| 2015-09-30 | -15.10% |
| 2015-06-30 | -1.59% |
| 2015-03-31 | 0.96% |
| 2014-12-31 | 0.97% |
| 2014-09-30 | -1.13% |
| 2014-06-30 | -2.90% |
| 2014-03-31 | -3.08% |
| 2013-12-31 | -2.89% |
| 2013-09-30 | -10.95% |
| 2013-06-30 | -8.47% |
| 2013-03-31 | -7.19% |
| 2012-12-31 | -7.80% |
| 2012-09-30 | -3.35% |
| 2012-06-30 | -3.72% |
| 2012-03-31 | -4.48% |
| 2011-12-31 | -3.45% |
| 2011-09-30 | -0.19% |
| 2011-06-30 | -1.00% |
| 2011-03-31 | -1.41% |
| 2010-12-31 | -1.66% |
| 2010-09-30 | -0.57% |
| 2010-06-30 | -0.55% |
| 2010-03-31 | -0.22% |
| 2009-12-31 | -0.15% |
| 2009-09-30 | -2.55% |
| 2009-06-30 | -2.26% |
| 2009-03-31 | -1.85% |
| 2008-12-31 | -0.29% |
| 2008-09-30 | -0.46% |
| 2008-06-30 | 0.43% |
| 2008-03-31 | 1.50% |
| 2007-12-31 | 1.52% |
| 2007-09-30 | 5.12% |
| 2007-06-30 | 4.55% |
| 2007-03-31 | 4.05% |
| 2006-12-31 | 3.54% |
| 2006-09-30 | 3.22% |
| 2006-06-30 | 1.71% |
| 2006-03-31 | 0.83% |
| 2005-12-31 | 0.26% |
| 2005-09-30 | 0.29% |
| 2005-06-30 | -0.01% |
| 2005-03-31 | -0.70% |
| 2004-12-31 | -2.84% |
| 2004-09-30 | -8.57% |
| 2004-06-30 | -12.06% |
| 2004-03-31 | -25.55% |
| 2003-12-31 | -27.98% |
| 2003-09-30 | -29.59% |
| 2003-06-30 | -71.79% |
