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 2.53% is 31% below its 5-year average of 3.65%, near the low end of its 5-year range (0.69%–8.55%).
As of the fiscal period ended Saturday, June 27, 2026. 30.80% below its 12-month average of 3.66%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q4 FY2026 (2026-06-27): 2.53%.
RETURN ON INVESTED CAPITAL (ROIC)
2.53%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
3.66%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
2.43%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
3.65%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
3.00%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
1.31%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
0.23%
CURRENT VS TTM AVG
-30.80%
CURRENT VS 3Y AVG
+4.34%
CURRENT VS 5Y AVG
-30.58%
CURRENT VS 10Y AVG
-15.61%
CURRENT VS 15Y AVG
+92.69%
CURRENT VS 20Y AVG
+983.43%
SECTOR MEDIAN · TECHNOLOGY
8.17%
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
-69.00%
vs the sector median at left
Viavi Solutions Inc.
Market Cap
$8.93B
Return on Invested Capital (ROIC)
2.53%
TTM Avg
3.66%
3Y Avg
2.43%
5Y Avg
3.65%
Market Cap
$9.03B
Return on Invested Capital (ROIC)
14.77%
TTM Avg
9.14%
3Y Avg
11.24%
5Y Avg
15.36%
Market Cap
$8.72B
Return on Invested Capital (ROIC)
-3.49%
TTM Avg
-11.35%
3Y Avg
-13.11%
5Y Avg
-12.97%
Market Cap
$9.30B
Return on Invested Capital (ROIC)
11.16%
TTM Avg
5.13%
3Y Avg
5.92%
5Y Avg
7.10%
Market Cap
$9.33B
Return on Invested Capital (ROIC)
-1.37%
TTM Avg
-2.59%
3Y Avg
-9.00%
5Y Avg
-12.88%
Market Cap
$8.43B
Return on Invested Capital (ROIC)
16.87%
TTM Avg
23.00%
3Y Avg
16.70%
5Y Avg
12.52%
Market Cap
$8.41B
Return on Invested Capital (ROIC)
-9.02%
TTM Avg
-11.64%
3Y Avg
-19.22%
5Y Avg
-30.49%
Market Cap
$8.12B
Return on Invested Capital (ROIC)
-2.21%
TTM Avg
-4.08%
3Y Avg
-10.55%
5Y Avg
-11.25%
Market Cap
$8.01B
Return on Invested Capital (ROIC)
-17.52%
TTM Avg
-18.38%
3Y Avg
-20.29%
5Y Avg
-20.97%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Viavi Solutions Inc. (VIAV) | $8.93B | 2.53% | 3.66% | 2.43% | 3.65% |
| Silicon Motion Technology Corporation (SIMO)vs › | $9.03B | 14.77% | 9.14% | 11.24% | 15.36% |
| Applied Optoelectronics, Inc. (AAOI)vs › | $8.72B | -3.49% | -11.35% | -13.11% | -12.97% |
| FormFactor, Inc. (FORM)vs › | $9.30B | 11.16% | 5.13% | 5.92% | 7.10% |
| Elastic N.V. (ESTC)vs › | $9.33B | -1.37% | -2.59% | -9.00% | -12.88% |
| InterDigital, Inc. (IDCC)vs › | $8.43B | 16.87% | 23.00% | 16.70% | 12.52% |
| GitLab Inc. (GTLB)vs › | $8.41B | -9.02% | -11.64% | -19.22% | -30.49% |
| Applied Digital Corp. (APLD)vs › | $8.12B | -2.21% | -4.08% | -10.55% | -11.25% |
| SentinelOne, Inc. (S)vs › | $8.01B | -17.52% | -18.38% | -20.29% | -20.97% |
| Zeta Global Holdings Corp. (ZETA)vs › | $7.79B | 2.53% | -2.96% | -30.48% | -34.20% |
ROIC
2.5%
ROE
-2.1%
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) |
|---|---|
| 2026-06-27 | 2.53% |
| 2026-03-28 | 5.26% |
| 2025-12-27 | 3.98% |
| 2025-09-27 | 2.72% |
| 2025-06-28 | 3.81% |
| 2025-03-29 | 2.06% |
| 2024-12-28 | 0.92% |
| 2024-09-28 | 0.69% |
| 2024-06-29 | 0.93% |
| 2024-03-30 | 1.29% |
| 2023-12-30 | 1.83% |
| 2023-09-30 | 2.15% |
| 2023-06-30 | 3.39% |
| 2023-04-01 | 4.22% |
| 2022-12-31 | 6.00% |
| 2022-10-01 | 8.55% |
| 2022-06-30 | 6.67% |
| 2022-04-02 | 5.68% |
| 2022-01-01 | 5.06% |
| 2021-10-02 | 4.44% |
| 2021-06-30 | 4.44% |
| 2021-04-03 | 5.14% |
| 2021-01-02 | 3.34% |
| 2020-10-03 | 3.35% |
| 2020-06-30 | 3.12% |
| 2020-03-28 | 3.12% |
| 2019-12-28 | 3.11% |
| 2019-09-28 | 3.04% |
| 2019-06-30 | 2.76% |
| 2019-03-30 | 3.12% |
| 2018-12-29 | 2.63% |
| 2018-09-29 | 0.97% |
| 2018-06-30 | 0.59% |
| 2018-03-31 | 1.00% |
| 2017-12-30 | 1.45% |
| 2017-09-30 | 1.57% |
| 2017-06-30 | 1.66% |
| 2017-04-01 | -3.62% |
| 2016-12-31 | -4.18% |
| 2016-10-01 | -3.74% |
| 2016-06-30 | -5.79% |
| 2016-04-02 | -0.79% |
| 2016-01-02 | -2.82% |
| 2015-10-03 | -4.93% |
| 2015-06-30 | -4.49% |
| 2015-03-28 | -3.95% |
| 2014-12-27 | -3.26% |
| 2014-09-27 | -1.08% |
| 2014-06-30 | -0.09% |
| 2014-03-29 | -0.19% |
| 2013-12-28 | -0.69% |
| 2013-09-28 | -0.94% |
| 2013-06-30 | -1.82% |
| 2013-03-30 | -2.07% |
| 2012-12-29 | -0.99% |
| 2012-09-29 | -1.92% |
| 2012-06-30 | -1.54% |
| 2012-03-31 | 1.19% |
| 2011-12-31 | 2.43% |
| 2011-10-01 | 4.58% |
| 2011-06-30 | 4.27% |
| 2011-04-02 | 2.91% |
| 2011-01-01 | 1.19% |
| 2010-10-02 | -1.87% |
| 2010-06-30 | -4.01% |
| 2010-04-03 | -8.38% |
| 2010-01-02 | -15.32% |
| 2009-10-03 | -67.76% |
| 2009-06-30 | -66.25% |
| 2009-03-28 | -67.08% |
| 2008-12-27 | -56.28% |
| 2008-09-27 | -5.29% |
| 2008-06-30 | -5.23% |
| 2008-03-29 | -2.81% |
| 2007-12-29 | -2.84% |
| 2007-09-29 | -3.86% |
| 2007-06-30 | -4.45% |
| 2007-03-31 | -5.38% |
| 2006-12-30 | -5.87% |
| 2006-09-30 | -7.24% |
| 2006-06-30 | -9.28% |
| 2006-03-31 | -12.82% |
| 2005-12-31 | -13.28% |
| 2005-10-01 | -13.14% |
| 2005-06-30 | -12.73% |
| 2005-03-31 | -7.86% |
| 2004-12-31 | -7.28% |
| 2004-09-30 | -8.71% |
| 2004-06-30 | -8.71% |
| 2004-03-31 | -10.31% |
| 2003-12-31 | -14.09% |
| 2003-09-30 | -25.01% |
| 2003-06-30 | -52.52% |
