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 9.96% is 42% below its 5-year average of 17.07%, near the low end of its 5-year range (1.50%–34.79%).
As of the fiscal period ended Wednesday, December 31, 2025. 16.97% below its 12-month average of 12.00%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
9.96%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
12.00%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
21.17%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
17.07%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
9.29%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
5.09%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
6.92%
CURRENT VS TTM AVG
-16.97%
CURRENT VS 3Y AVG
-52.96%
CURRENT VS 5Y AVG
-41.66%
CURRENT VS 10Y AVG
+7.22%
CURRENT VS 15Y AVG
+95.84%
CURRENT VS 20Y AVG
+44.02%
SECTOR MEDIAN · ENERGY
7.14%
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
+39.40%
vs the sector median at left
APA Corporation
Market Cap
$13.30B
Return on Invested Capital (ROIC)
9.96%
TTM Avg
12.00%
3Y Avg
21.17%
5Y Avg
17.07%
Market Cap
$10.10B
Return on Invested Capital (ROIC)
8.18%
TTM Avg
8.25%
3Y Avg
7.88%
5Y Avg
6.27%
Market Cap
$6.22B
Return on Invested Capital (ROIC)
16.68%
TTM Avg
18.24%
3Y Avg
15.59%
5Y Avg
4.98%
Market Cap
$5.53B
Return on Invested Capital (ROIC)
4.79%
TTM Avg
3.62%
3Y Avg
9.02%
5Y Avg
11.21%
Market Cap
$21.49B
Return on Invested Capital (ROIC)
6.38%
TTM Avg
1.84%
3Y Avg
12.91%
5Y Avg
-13.44%
Market Cap
$4.62B
Return on Invested Capital (ROIC)
9.67%
TTM Avg
8.68%
3Y Avg
16.84%
5Y Avg
16.28%
Market Cap
$3.71B
Return on Invested Capital (ROIC)
3.92%
TTM Avg
4.98%
3Y Avg
5.10%
5Y Avg
0.49%
Market Cap
$3.63B
Return on Invested Capital (ROIC)
2.20%
TTM Avg
4.10%
3Y Avg
9.99%
5Y Avg
19.38%
Market Cap
$23.50B
Return on Invested Capital (ROIC)
30.12%
TTM Avg
32.86%
3Y Avg
38.58%
5Y Avg
37.62%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| APA Corporation (APA) | $13.30B | 9.96% | 12.00% | 21.17% | 17.07% |
| Antero Midstream Corporation (AM)vs › | $10.10B | 8.18% | 8.25% | 7.88% | 6.27% |
| Weatherford International plc (WFRD)vs › | $6.22B | 16.68% | 18.24% | 15.59% | 4.98% |
| Enphase Energy, Inc. (ENPH)vs › | $5.53B | 4.79% | 3.62% | 9.02% | 11.21% |
| Expand Energy Corporation (EXE)vs › | $21.49B | 6.38% | 1.84% | 12.91% | -13.44% |
| California Resources Corp (CRC)vs › | $4.62B | 9.67% | 8.68% | 16.84% | 16.28% |
| Helmerich & Payne, Inc. (HP)vs › | $3.71B | 3.92% | 4.98% | 5.10% | 0.49% |
| Centrus Energy Corp. (LEU)vs › | $3.63B | 2.20% | 4.10% | 9.99% | 19.38% |
| Texas Pacific Land Corporation (TPL)vs › | $23.50B | 30.12% | 32.86% | 38.58% | 37.62% |
| SolarEdge Technologies, Inc. (SEDG)vs › | $1.93B | -20.68% | -54.20% | -26.34% | -15.25% |
ROIC
10.0%
ROE
23.8%
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 | 9.96% |
| 2024-12-31 | 14.03% |
| 2023-12-31 | 25.91% |
| 2022-12-31 | 34.79% |
| 2021-12-31 | 16.25% |
| 2020-12-31 | 1.50% |
| 2019-12-31 | 2.71% |
| 2018-12-31 | 3.01% |
| 2017-12-31 | 3.58% |
| 2016-12-31 | -0.51% |
| 2015-12-31 | -9.05% |
| 2014-12-31 | 4.17% |
| 2013-12-31 | 3.71% |
| 2012-12-31 | 3.74% |
| 2011-12-31 | 9.91% |
| 2010-12-31 | 8.19% |
| 2009-12-31 | -1.91% |
| 2008-12-31 | 3.40% |
| 2007-12-31 | 11.38% |
| 2006-12-31 | 12.35% |
| 2005-12-31 | 15.98% |
| 2004-12-31 | 12.78% |
| 2003-12-31 | 10.04% |
| 2002-12-31 | 7.22% |
| 2001-12-31 | 9.57% |
| 2000-12-31 | 11.17% |
| 1999-12-31 | 4.81% |
| 1998-12-31 | -2.18% |
| 1997-12-31 | 5.17% |
| 1996-12-31 | 4.96% |
