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 11.64% is 139% above its 5-year average of -29.71%, near the high end of its 5-year range (-208.79%–12.25%).
As of the fiscal period ended Wednesday, December 31, 2025. 2.55% below its 12-month average of 11.95%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
11.64%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
11.95%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-44.19%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-29.71%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-16.05%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
-2.55%
CURRENT VS 3Y AVG
+126.34%
CURRENT VS 5Y AVG
+139.17%
CURRENT VS 10Y AVG
+172.52%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
7.14%
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
+62.91%
vs the sector median at left
Baker Hughes Company
Market Cap
$61.10B
Return on Invested Capital (ROIC)
11.64%
TTM Avg
11.95%
3Y Avg
-44.19%
5Y Avg
-29.71%
Market Cap
$55.61B
Return on Invested Capital (ROIC)
3.15%
TTM Avg
4.32%
3Y Avg
8.73%
5Y Avg
6.32%
Market Cap
$55.14B
Return on Invested Capital (ROIC)
12.07%
TTM Avg
11.95%
3Y Avg
11.67%
5Y Avg
11.25%
Market Cap
$54.46B
Return on Invested Capital (ROIC)
8.62%
TTM Avg
7.46%
3Y Avg
8.21%
5Y Avg
8.27%
Market Cap
$68.70B
Return on Invested Capital (ROIC)
5.33%
TTM Avg
5.22%
3Y Avg
5.08%
5Y Avg
4.66%
Market Cap
$69.27B
Return on Invested Capital (ROIC)
7.17%
TTM Avg
7.33%
3Y Avg
7.52%
5Y Avg
6.71%
Market Cap
$52.90B
Return on Invested Capital (ROIC)
6.00%
TTM Avg
5.88%
3Y Avg
11.51%
5Y Avg
5.67%
Market Cap
$70.96B
Return on Invested Capital (ROIC)
14.20%
TTM Avg
14.64%
3Y Avg
16.89%
5Y Avg
14.14%
Market Cap
$71.77B
Return on Invested Capital (ROIC)
58.12%
TTM Avg
36.44%
3Y Avg
28.12%
5Y Avg
20.84%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Baker Hughes Company (BKR) | $61.10B | 11.64% | 11.95% | -44.19% | -29.71% |
| Occidental Petroleum Corporation (OXY)vs › | $55.61B | 3.15% | 4.32% | 8.73% | 6.32% |
| Targa Resources Corp. (TRGP)vs › | $55.14B | 12.07% | 11.95% | 11.67% | 11.25% |
| ONEOK, Inc. (OKE)vs › | $54.46B | 8.62% | 7.46% | 8.21% | 8.27% |
| Kinder Morgan, Inc. (KMI)vs › | $68.70B | 5.33% | 5.22% | 5.08% | 4.66% |
| Energy Transfer LP (ET)vs › | $69.27B | 7.17% | 7.33% | 7.52% | 6.71% |
| Diamondback Energy, Inc. (FANG)vs › | $52.90B | 6.00% | 5.88% | 11.51% | 5.67% |
| Suncor Energy Inc. (SU)vs › | $70.96B | 14.20% | 14.64% | 16.89% | 14.14% |
| EOG Resources, Inc. (EOG)vs › | $71.77B | 58.12% | 36.44% | 28.12% | 20.84% |
| Slb N.V. (SLB)vs › | $74.99B | 10.34% | 12.04% | 11.73% | 9.77% |
ROIC
11.6%
ROE
15.6%
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 | 11.64% |
| 2024-12-31 | 12.25% |
| 2023-12-31 | 8.13% |
| 2022-12-31 | -208.79% |
| 2021-12-31 | -3.85% |
| 2020-12-31 | 2.34% |
| 2019-12-31 | 0.88% |
| 2018-12-31 | 0.83% |
| 2017-12-31 | -0.58% |
| 2016-12-31 | 1.39% |
| 2015-12-31 | -0.81% |
| 2014-12-31 | 0.00% |
