VSATViasat, Inc.

$71.50

Is the business good?

How good a business is VSAT?

Viasat, Inc. earns 0.92% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.

0.92%

Return on invested capital · cost of capital 9.0% · 8.1 points below what the capital costs: growth destroys value

Operating margin
2.4%

Operating margin · Communication Equipment median 4.4% · 12 months to Q1 2027

Share count, year on year
+4.2%

Share count, year on year · shareholders own a smaller slice than a year ago

R&D as % of revenue
3.8%

R&D as % of revenue

Operating margin by fiscal year
YearOperating margin
FY2021−2.4%
FY2022−4.7%
FY2023−6.1%
FY2024−21%
FY2025−2.2%
FY20262.3%
Details
Operating margin12 months to Q1 2027
2.4%
Net margin12 months to Q1 2027
0.19%
R&D as % of revenue
3.8%
Revenue, trailing twelve months
$4.63B
Net income, trailing twelve months
$8.9M
Return on invested capitaloperating profit after tax ÷ debt + equity − cash
0.92%

Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.