Calix, Inc

CALX Technology Software Infrastructure

Calix, Inc’s revenue for fiscal 2025 (year ended December 2025) was $1.0 billion, up 20.3% from fiscal 2024.

Revenue
+13.7%
EPS
−33.3%
Free cash flow
−87.2%

Quarter to September 2026, against a year earlier

33.45 0.20 +0.60%
Market cap
$2.1B
P/E
46.9×
Fwd P/E
41.4×
Dividend yield
—
F-score
7/9
Altman Z
11.64
Beneish M
−2.84
Dividend safety
n/a

Calix, Inc (CALX) Return on invested capital

Alert me on Return on invested capital

Calix, Inc's return on invested capital over the twelve months to 30 September 2026 was 5.41%, up 2.6 percentage points from fiscal 2025 (2.78%). Over the past ten years it has ranged from −37.7% (fiscal 2017) to 15.7% (fiscal 2020); the current reading is higher than 64% of that period. That is above the Software Infrastructure industry median of 0.00% and above the Technology sector median of 0.00%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 2.78% 8.34
FY2024 −5.56% (8.77)
FY2023 3.21% (4.30)
FY2022 7.51% (5.18)
FY2021 12.7% (3.03)
FY2020 15.7% 22.77
FY2019 −7.05% 1.74
FY2018 −8.79% 28.91
FY2017 −37.7% (24.67)
FY2016 −13.0% (2.81)

Against its own ten years

Low −37.7% High 15.7%
Ten-year median −5.56%
Current reading's percentile 64

Return on invested capital against peers

Company Return on invested capital
GCT GigaCloud Technology Inc. compare 68.3%
PAGS PagSeguro Digital Ltd. compare 32.6%
PAYO Payoneer Global Inc. compare 23.2%
EEFT Euronet Worldwide, Inc. compare 18.9%
RAMP LiveRamp Holdings, Inc. compare 9.94%
EVTC Evertec, Inc. compare 6.80%
CALX Calix, Inc 5.41%
FLYW Flywire Corporation compare 4.70%
MQ Marqeta, Inc. compare 0.22%
Software Infrastructure industry median 0.00%
Technology sector median 0.00%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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