Is the business good?
How good a business is VISN?
Vistance Networks, Inc. earns 3.3% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.
3.3%
Return on invested capital · cost of capital 9.0% · 5.7 points below what the capital costs: growth destroys value
- Operating margin
- 2.2%
Operating margin · Communication Equipment median 4.4% · 12 months to Q1 2026
- Cash conversion
- 0.03×
Cash conversion · 0.29× a year ago · some of the reported profit has not turned into cash yet
- Share count, year on year
- −13%
Share count, year on year · bought back, each share owns more of the company
| Year | Operating margin |
|---|---|
| FY2020 | −0.61% |
| FY2021 | 2.9% |
| FY2022 | −16% |
| FY2023 | −35% |
| FY2024 | −21% |
| FY2025 | 2.5% |
Details›
- Gross margin12 months to Q1 2026
- 25%
- Operating margin12 months to Q1 2026
- 2.2%
- Net margin12 months to Q1 2026
- 175%
- Free cash flow margin
- 5.7%
- R&D as % of revenue
- 6.4%
- Revenue, trailing twelve months
- $4.00B
- Free cash flow, trailing twelve months
- $226M
- Net income, trailing twelve months
- $7.01B
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 3.3%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Communication Equipment
Ranks #2 of 21 by Smart Score