Return on Invested Capital (ROIC): 19.67%
Is the return on invested capital (ROIC) high or low?
The return on invested capital (ROIC) of 19.67% is in line with its 5-year average of 20.10%, around the middle of its 5-year range (9.44%–29.31%).
As of Saturday, June 27, 2026. 8.96% below its 12-month average of 21.61%.
NXT Return on Invested Capital (ROIC) Chart
Annual fiscal-year return on invested capital; no daily interpolation.
NXT Average Return on Invested Capital (ROIC) Chart
NXT Current vs Average Return on Invested Capital (ROIC) Chart
NXT Return on Invested Capital (ROIC) Metrics
RETURN ON INVESTED CAPITAL (ROIC)
19.67%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
21.61%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
21.44%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
20.10%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
-8.96%
CURRENT VS 3Y AVG
-8.24%
CURRENT VS 5Y AVG
-2.13%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
NXT Competitors' Return on Invested Capital (ROIC)
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Nextpower Inc. (NXT) | $16.07B | 19.67% | 21.61% | 21.44% | 20.10% |
| Onto Innovation Inc. (ONTO)vs › | $16.11B | 5.18% | 5.18% | 6.65% | 8.57% |
| Broadridge Financial Solutions, Inc. (BR)vs › | $15.95B | 13.05% | 12.43% | 11.05% | 10.75% |
| Toast, Inc. (TOST)vs › | $15.71B | 13.85% | 7.34% | -9.28% | -14.61% |
| Akamai Technologies, Inc. (AKAM)vs › | $16.47B | 4.35% | 4.54% | 5.48% | 6.62% |
| Gen Digital Inc. (GEN)vs › | $14.73B | 10.61% | 10.61% | 8.91% | 10.43% |
| Samsara Inc. (IOT)vs › | $17.97B | 32.34% | 8.74% | -6.40% | -13.80% |
| PTC Inc. (PTC)vs › | $13.37B | 14.43% | 11.70% | 9.92% | 9.55% |
| Juniper Networks, Inc. (JNPR)vs › | $13.36B | 3.75% | 4.78% | 5.09% | 4.98% |
| Fabrinet (FN)vs › | $18.80B | 15.01% | 14.91% | 15.24% | 14.67% |
Capital Efficiency
ROIC
19.7%
ROE
25.1%
Return on Invested Capital (ROIC) Formula & Definition
ROIC = NOPAT / Invested Capital
Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Return on Invested Capital (ROIC) FAQ
- What is the return on invested capital (ROIC) for Nextpower Inc. (NXT)?
- The return on invested capital (ROIC) for NXT stock is 19.67%.
- Is Nextpower Inc.'s return on invested capital (ROIC) high or low?
- The return on invested capital (ROIC) of 19.67% is in line with its 5-year average of 20.10%, around the middle of its 5-year range (9.44%–29.31%).
- What is the TTM average return on invested capital (ROIC) for Nextpower Inc. (NXT)?
- The TTM average return on invested capital (ROIC) for NXT stock is 21.61%.
- What is the 3Y average return on invested capital (ROIC) for Nextpower Inc. (NXT)?
- The 3Y average return on invested capital (ROIC) for NXT stock is 21.44%.
- What is the 5Y average return on invested capital (ROIC) for Nextpower Inc. (NXT)?
- The 5Y average return on invested capital (ROIC) for NXT stock is 20.10%.
NXT Return on Invested Capital (ROIC) History
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2026-03-31 | 19.67% |
| 2025-03-31 | 23.54% |
| 2024-03-31 | 29.31% |
| 2023-03-31 | 13.23% |
| 2022-03-31 | 9.44% |
| 2021-03-31 | 25.40% |
| 2020-03-31 | 45.88% |
| 2019-03-31 | -0.65% |
Related Metrics
About Nextpower Inc.
Nextpower Inc. provides solar tracker technologies and solutions for utility-scale and distributed generation solar applications in the United States and internationally. The company offers tracking solutions, including NX Horizon, a solar tracking solution; NX Horizon-XTR, a terrain-following tracker to expand the addressable market for trackers on sites with sloped, uneven, and challenging terrain; NX Horizon Hail Pro adds automatic stowing using weather service information; and NX Horizon Low Carbon, a solar tracker solution with a reduced carbon footprint. It also provides TrueCapture, an energy yield management system that addresses power production shortfalls; NX Anchor, a solar tracker foundation system to facilitate solar project development in challenging soil conditions; NX Truss Driver, an advanced installation equipment; and NX Navigator, which assists solar power plant owners and operators in monitoring, controlling, and protecting their solar projects. The company serves engineering, procurement, and construction firms, as well as solar project developers and owners. Nextpower Inc. was formerly known as Nextracker Inc. and changed its name to Nextpower Inc. in November 2025. The company was founded in 2013 and is headquartered in Fremont, California.
- Sector
- Technology
- Industry
- Consumer Electronics
- CEO
- Daniel S. Shugar