Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the return on invested capital (ROIC) high or low?
The return on invested capital (ROIC) of 12.16% is 22% below its 5-year average of 15.63%, near the low end of its 5-year range (9.95%–22.92%).
As of the fiscal period ended Wednesday, December 31, 2025. 4.11% above its 12-month average of 11.68%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
12.16%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
11.68%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
17.25%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
15.63%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
12.91%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
9.62%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
8.79%
CURRENT VS TTM AVG
+4.11%
CURRENT VS 3Y AVG
-29.53%
CURRENT VS 5Y AVG
-22.20%
CURRENT VS 10Y AVG
-5.82%
CURRENT VS 15Y AVG
+26.43%
CURRENT VS 20Y AVG
+38.36%
SECTOR MEDIAN · FINANCIAL SERVICES
6.38%
median of 95 covered companies
CURRENT VS SECTOR MEDIAN
+90.60%
vs the sector median at left
Aon plc
Market Cap
$77.25B
Return on Invested Capital (ROIC)
12.16%
TTM Avg
11.68%
3Y Avg
17.25%
5Y Avg
15.63%
Market Cap
$74.01B
Return on Invested Capital (ROIC)
14.45%
TTM Avg
39.92%
3Y Avg
70.92%
5Y Avg
49.63%
Market Cap
$80.49B
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$80.77B
Return on Invested Capital (ROIC)
12.10%
TTM Avg
11.86%
3Y Avg
9.68%
5Y Avg
-2.06%
Market Cap
$82.40B
Return on Invested Capital (ROIC)
21.00%
TTM Avg
19.42%
3Y Avg
16.71%
5Y Avg
17.40%
Market Cap
$82.45B
Return on Invested Capital (ROIC)
7.03%
TTM Avg
6.66%
3Y Avg
6.46%
5Y Avg
6.24%
Market Cap
$70.69B
Return on Invested Capital (ROIC)
7.24%
TTM Avg
6.91%
3Y Avg
3.79%
5Y Avg
4.20%
Market Cap
$85.47B
Return on Invested Capital (ROIC)
7.55%
TTM Avg
7.17%
3Y Avg
-0.42%
5Y Avg
-2.72%
Market Cap
$86.25B
Return on Invested Capital (ROIC)
12.12%
TTM Avg
11.84%
3Y Avg
12.24%
5Y Avg
11.46%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Aon plc (AON) | $77.25B | 12.16% | 11.68% | 17.25% | 15.63% |
| Brookfield Asset Management Ltd. (BAM)vs › | $74.01B | 14.45% | 39.92% | 70.92% | 49.63% |
| iShares Russell 2000 ETF (IWM)vs › | $80.49B | N/A | N/A | N/A | N/A |
| The Travelers Companies, Inc. (TRV)vs › | $80.77B | 12.10% | 11.86% | 9.68% | -2.06% |
| Moody's Corporation (MCO)vs › | $82.40B | 21.00% | 19.42% | 16.71% | 17.40% |
| Intercontinental Exchange, Inc. (ICE)vs › | $82.45B | 7.03% | 6.66% | 6.46% | 6.24% |
| Apollo Global Management, Inc. (APO)vs › | $70.69B | 7.24% | 6.91% | 3.79% | 4.20% |
| Robinhood Markets, Inc. (HOOD)vs › | $85.47B | 7.55% | 7.17% | -0.42% | -2.72% |
| Marsh & McLennan Companies, Inc. (MRSH)vs › | $86.25B | 12.12% | 11.84% | 12.24% | 11.46% |
| Nu Holdings Ltd. (NU)vs › | $68.24B | 16.31% | 16.68% | 9.88% | 2.77% |
ROIC
12.2%
ROE
40.1%
ROIC = NOPAT / Invested Capital
Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2025-12-31 | 12.16% |
| 2024-12-31 | 11.20% |
| 2023-12-31 | 22.92% |
| 2022-12-31 | 22.74% |
| 2021-12-31 | 9.95% |
| 2020-12-31 | 14.81% |
| 2019-12-31 | 12.36% |
| 2018-12-31 | 10.19% |
| 2017-12-31 | 4.96% |
| 2016-12-31 | 11.20% |
| 2015-12-31 | 9.53% |
| 2014-12-31 | 10.26% |
| 2013-12-31 | 8.02% |
| 2012-12-31 | 7.41% |
| 2011-12-31 | 7.20% |
| 2010-12-31 | 5.40% |
| 2009-12-31 | 7.09% |
| 2008-12-31 | 6.56% |
| 2007-12-31 | 7.16% |
| 2006-12-31 | 5.81% |
| 2005-12-31 | 5.72% |
| 2004-12-31 | 7.57% |
| 2003-12-31 | 9.50% |
| 2002-12-31 | 8.77% |
| 2001-12-31 | 4.02% |
| 2000-12-31 | 9.56% |
| 1999-12-31 | 8.76% |
| 1998-12-31 | 12.86% |
| 1997-12-31 | 7.17% |
| 1996-12-31 | 8.90% |
