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Red Cat Holdings, Inc. RCAT Return on invested capital

Return on invested capital at other companies

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Unusual MachinesUMAC
-47.3%-18.4pp
TTM Technologies logo
TTM TechnologiesTTMI
10.5%+5.6pp
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Booz Allen HamiltonBAH
23.1%-1.7pp
Redwire logo
RedwireRDW
-53.1%-24.5pp
Kratos Defense & Security Solutions logo
Kratos Defense & Security SolutionsKTOS
1%-0.5pp
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Archer AviationACHR
-129.7%-62.3pp

Other financials

Income statement

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Revenue$15.5M+849%
Gross profit$2.0M+331%
Operating income-$27.3M-119%
Net income-$26.6M-14.8%
EPS (diluted)-$0.22+18.5%

Balance sheet

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Cash & equivalents$131.9M+1,608%
Total debt$14.1M-49.1%
Total equity$238.7M+726%
Total assets$281.9M+373%

Cash flow

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Operating cash flow-$31.9M-101%
CapEx$6.8M+2,385%
Free cash flow-$38.7M-139%

Valuation

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Market cap$1.36B+101%
Enterprise value$1.24B+77.8%
P/S24.9×-29.9×

Profitability

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Gross margin7.5%+4.1pp
Operating margin-149.2%-58.6pp
Net margin-138.4%-61.7pp
FCF margin-216.8%

Returns & leverage

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Return on equity-56.4%-24.3pp
Debt / equity0.1×-0.9×
Current ratio11×+10.0×

Where this comes from

Calculated from Red Cat Holdings, Inc.’s reported figures.

Based on trailing twelve months.

The official record: Red Cat Holdings, Inc.’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Red Cat Holdings, Inc.'s return on invested capital?
Red Cat Holdings, Inc. (RCAT) reported return on invested capital of -95.8% in Q1 2026.
How has Red Cat Holdings, Inc.'s return on invested capital changed year-over-year?
Red Cat Holdings, Inc.'s return on invested capital increased by 18.7% year-over-year, from -117.9% to -95.8%.
What is the long-term trend for Red Cat Holdings, Inc.'s return on invested capital?
Over 2 years (2023 to 2025), Red Cat Holdings, Inc.'s return on invested capital has grown at a 48.7% compound annual growth rate (CAGR), from -43.2% to -95.6%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.