Airgain (AIRG) Return on Capital Employed (2016 - 2026)
Airgain (AIRG) posted Return on Capital Employed of 22.83% for Q1 2026, up 12.66% on a QoQ basis from 26.13% in Q4 2025, and up 336.0% year-over-year from 5.24% in Q1 2025.
Airgain (AIRG) Return on Capital Employed (2016 - 2026) Analysis & Trends
Airgain's Return on Capital Employed history runs 11 years deep, the most recent figure standing at 22.83% for Q1 2026.
- Quarterly Return on Capital Employed rose 336.0% year-over-year to 22.83% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 22.83% (up 336.0% YoY) and the FY2025 annual result came in at 25.02%, up 303.0% from the prior year.
- Return on Capital Employed was 22.83% for Q1 2026 at Airgain, up from 26.13% in the prior quarter.
- Across five years, Return on Capital Employed topped out at 19.75% in Q4 2022 and bottomed at 40.45% in Q3 2024.
- A 5-year average of 27.9% and a median of 26.13% in 2025 frame the typical range for Return on Capital Employed.
- Annual changes were most pronounced in 2022 — Return on Capital Employed slumped 2112 bps — and 2025, when it surged 1658 bps.
- Airgain's Return on Capital Employed stood at 19.75% in 2022, then sank by 83 bps to 36.18% in 2023, then increased by 24 bps to 27.6% in 2024, then increased by 5 bps to 26.13% in 2025, then advanced by 13 bps to 22.83% in 2026.
- Business Quant data shows AIRG's Return on Capital Employed at 22.83% in Q1 2026, 26.13% in Q4 2025, and 23.86% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 453.08 Bn | 436.44 Bn | 10.08 Bn | 16.71% |
| 2 | Motorola Solutions | 70.40 Bn | 69.51 Bn | 1.36 Bn | 21.43% |
| 3 | Hewlett Packard Enterprise | 64.04 Bn | 59.20 Bn | 9.10 Bn | -0.78% |
| 4 | Ciena | 53.20 Bn | 51.90 Bn | 625.52 Mn | 6.63% |
| 5 | Lumentum Holdings | 51.31 Bn | 48.14 Bn | 357.00 Mn | 11.56% |
| 6 | Nokia | 49.83 Bn | 42.52 Bn | 9.86 Bn | - |
| 7 | Ubiquiti | 32.53 Bn | 32.16 Bn | 370.71 Mn | 87.31% |
| 8 | Ericsson Lm Telephone | 32.22 Bn | 26.54 Bn | 2.53 Bn | 21.27% |
| 9 | AST SpaceMobile | 16.80 Bn | 16.80 Bn | 3.67 Mn | -8.36% |
| 10 | Airgain | 70.14 Mn | 63.02 Mn | 4.97 Mn | -22.83% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -22.83% |
| Dec 31, 2025 | -26.13% |
| Sep 30, 2025 | -23.86% |
| Jun 30, 2025 | -26.12% |
| Mar 31, 2025 | -26.18% |
| Dec 31, 2024 | -27.60% |
| Sep 30, 2024 | -40.45% |
| Jun 30, 2024 | -38.79% |
| Mar 31, 2024 | -39.66% |
| Dec 31, 2023 | -36.18% |
| Sep 30, 2023 | -26.54% |
| Jun 30, 2023 | -24.62% |
| Mar 31, 2023 | -21.42% |
| Dec 31, 2022 | -19.75% |
| Sep 30, 2022 | -22.04% |
| Jun 30, 2022 | -23.92% |
| Mar 31, 2022 | -28.26% |
| Dec 31, 2021 | -25.31% |
| Sep 30, 2021 | -17.09% |
| Jun 30, 2021 | -11.49% |