Viavi Solutions Inc.

VIAV Technology Communication Equipment

Viavi Solutions Inc.’s revenue for fiscal 2026 (year ended June 2026) was $1.5 billion, up 40.0% from fiscal 2025.

Revenue
+56.9%
EPS
+410.0%
Free cash flow
+459.9%
Total debt
−18.8%

Quarter to September 2026, against a year earlier

28.13 1.83 +6.96%
Market cap
$6.5B
P/E
97.4×
Fwd P/E
26.6×
Dividend yield
—
F-score
6/9
Altman Z
−29.88
Beneish M
−2.36
Dividend safety
n/a

Viavi Solutions Inc. (VIAV) Return on invested capital

Alert me on Return on invested capital

Viavi Solutions Inc.'s return on invested capital over the twelve months to 30 September 2026 was 5.69%, up 1.1 percentage points from fiscal 2026 (4.58%). Over the past ten years it has ranged from −17.9% (fiscal 2016) to 14.6% (fiscal 2022); the current reading is higher than 58% of that period. That is above the Communication Equipment industry median of 1.29% and above the Technology sector median of 0.00%.

Return on invested capital, annual

Embed this chart

Annual newest first

Period Return on invested capital Change (points)
FY2026 4.58% 0.96
FY2025 3.62% 2.04
FY2024 1.58% (4.20)
FY2023 5.78% (8.82)
FY2022 14.6% 2.60
FY2021 12.0% 2.43
FY2020 9.57% 4.16
FY2019 5.41% 5.26
FY2018 0.15% (1.46)
FY2017 1.61% 19.54

Against its own ten years

Low −17.9% High 14.6%
Ten-year median 4.10%
Current reading's percentile 58

Return on invested capital against peers

Company Return on invested capital
EXTR Extreme Networks, Inc. compare 107.1%
ZBRA Zebra Technologies Corporation compare 9.57%
DGII Digi International Inc. compare 5.76%
VIAV Viavi Solutions Inc. 5.69%
BDC Belden Inc compare 4.33%
VSAT Viasat Inc. compare 0.72%
AAOI Applied Optoelectronics, Inc. compare −1.95%
ASTS AST SpaceMobile, Inc. compare −12.2%
ONDS Ondas Holdings Inc. compare −81.8%
Communication Equipment industry median 1.29%
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 →

More on VIAV