Lumentum Holdings
Lumentum Holdings returns on capital
Annual and trailing 12-month returns on invested capital, equity and assets.
ROIC
% · Annual / TTM
ROCE
% · Annual / TTM
ROIIC
% · Annual / TTM
NOPAT is undefined under this method: pretax profit must be positive and the effective tax rate must be between 0 and 100%.
ROE
% · Annual / TTM
ROA
% · Annual / TTM
ROIC − WACC
Percentage points · Scenario
Quarterly data
| Fiscal period | Ended | ROIC% | ROCE% | ROIIC% | ROE% | ROA% | ROIC − WACCPercentage points |
|---|---|---|---|---|---|---|---|
| FY 2026 Q4 | Jun 27, 2026 | — | 12.13% | — | -240.03% | -120.34% | — |
| FY 2026 Q3 | Mar 28, 2026 | — | 6.99% | — | 22.75% | 8% | — |
| FY 2026 Q2 | Dec 27, 2025 | — | 1.07% | — | 29.27% | 5.74% | — |
| FY 2026 Q1 | Sep 27, 2025 | — | -2.7% | — | 13.42% | 2.62% | — |
| FY 2025 Q4 | Jun 28, 2025 | — | -4.81% | — | 2.48% | 0.64% | — |
| FY 2025 Q3 | Mar 29, 2025 | — | -8.13% | — | -42.79% | -10.76% | — |
| FY 2025 Q2 | Dec 28, 2024 | — | -10.03% | — | -48.63% | -12.13% | — |
| FY 2025 Q1 | Sep 28, 2024 | — | -11.44% | — | -50.85% | -13.18% | — |
| FY 2024 Q4 | Jun 29, 2024 | — | -11.33% | — | -47.25% | -12.76% | — |
| FY 2024 Q3 | Mar 30, 2024 | — | -9.54% | — | -26.09% | -8.28% | — |
| FY 2024 Q2 | Dec 30, 2023 | — | -7.72% | — | -18.89% | -5.87% | — |
| FY 2024 Q1 | Sep 30, 2023 | — | -5.57% | — | -14.03% | -4.46% | — |
| FY 2023 Q4 | Jul 1, 2023 | — | -3.11% | — | -8.15% | -2.99% | — |
| FY 2023 Q3 | Apr 1, 2023 | — | -0.12% | — | -2.13% | -0.86% | — |
| FY 2023 Q2 | Dec 31, 2022 | — | 2.86% | — | 1.6% | 0.71% | — |
| FY 2023 Q1 | Oct 1, 2022 | — | 6.19% | — | 6.69% | 2.96% | — |
| FY 2022 Q4 | Jul 2, 2022 | 8.36% | 9.58% | — | 10.34% | 5.16% | 0.7 pp |
| FY 2022 Q3 | Apr 2, 2022 | — | 8.98% | — | 9.11% | 4.71% | — |
| FY 2022 Q2 | Jan 1, 2022 | — | 17.78% | — | 19.53% | 10.88% | — |
| FY 2022 Q1 | Oct 2, 2021 | — | 18.13% | — | 21.74% | 11.92% | — |
| FY 2021 Q4 | Jul 3, 2021 | — | 17.87% | — | 21.35% | 11.61% | — |
| FY 2021 Q3 | Apr 3, 2021 | — | 16.79% | — | 19.04% | 10.58% | — |
| FY 2021 Q2 | Dec 26, 2020 | — | 9.89% | — | 10.5% | 5.65% | — |
| FY 2021 Q1 | Sep 26, 2020 | — | 8.62% | — | 9.18% | 4.96% | — |
| FY 2020 Q4 | Jun 27, 2020 | — | 7.51% | — | 8.35% | 4.51% | — |
| FY 2020 Q3 | Mar 28, 2020 | — | 6.05% | — | 7.06% | 3.78% | — |
| FY 2020 Q2 | Dec 28, 2019 | — | 1.65% | — | -0.21% | -0.11% | — |
| FY 2020 Q1 | Sep 28, 2019 | — | -0.95% | — | -2.86% | -1.6% | — |
| FY 2019 Q4 | Jun 29, 2019 | — | -1.14% | — | -3.13% | -1.69% | — |
| FY 2019 Q3 | Mar 30, 2019 | — | 0.7% | — | 1.71% | 1.07% | — |
| FY 2019 Q2 | Dec 29, 2018 | — | 6.12% | — | 8.01% | 4.64% | — |
| FY 2019 Q1 | Sep 29, 2018 | — | 15.53% | — | 35.15% | 19.94% | — |
| FY 2018 Q4 | Jun 30, 2018 | — | 11.58% | — | 31.26% | 17.63% | — |
| FY 2018 Q3 | Mar 31, 2018 | — | 10.33% | — | 23.62% | 11.56% | — |
| FY 2018 Q2 | Dec 30, 2017 | — | 11.78% | — | 14.53% | 8.77% | — |
| FY 2018 Q1 | Sep 30, 2017 | — | 4.07% | — | -16.29% | -9.27% | — |
| FY 2017 Q4 | Jul 1, 2017 | — | 5.95% | — | -18.53% | -10.46% | — |
| FY 2017 Q3 | Apr 1, 2017 | — | 6.77% | — | -7.17% | -3.42% | — |
| FY 2017 Q2 | Dec 31, 2016 | — | 6.77% | — | 2.92% | 2.04% | — |
| FY 2017 Q1 | Oct 1, 2016 | — | 5.65% | — | 0.71% | 0.88% | — |
| FY 2016 Q4 | Jul 2, 2016 | — | — | — | — | — | — |
| FY 2016 Q3 | Apr 2, 2016 | — | — | — | — | — | — |
| FY 2016 Q2 | Dec 26, 2015 | — | — | — | — | — | — |
| FY 2016 Q1 | Sep 26, 2015 | — | — | — | — | — | — |
Sources and calculations
Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.
Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.
Quarterly returns use trailing 12-month earnings and period-end balances averaged with the same fiscal quarter one year earlier. NOPAT uses the reported effective tax rate only when pretax profit is positive and the rate is between 0 and 100%. WACC starts at 7.7%, rounded from the US nonfinancial market · generic proxy benchmark in NYU Stern · January 2026. It is an editable US sector proxy applied across history, not a company estimate; foreign reporting currencies also need a currency-specific assessment.
Market prices: Yahoo Finance · LITE, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.
- ROIC
- NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
- ROCE
- Operating income / average (assets − current liabilities) × 100, using period end and one year earlier.
- ROIIC
- Year-over-year change in annual/TTM NOPAT / positive year-over-year change in invested capital × 100. Capital reductions and missing inputs yield unavailable values.
- ROE
- Earnings attributable to owners / average equity attributable to owners × 100, using period end and one year earlier.
- ROA
- Net income / average total assets × 100, using period end and one year earlier.
- ROIC − WACC
- ROIC less your WACC assumption, in percentage points. The same scenario rate is applied across history; it is not a reported or historical company WACC.