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 11.42% is in line with its 5-year average of 11.03%, around the middle of its 5-year range (5.35%–15.79%).
As of the fiscal period ended Wednesday, December 31, 2025. 16.06% below its 12-month average of 13.61%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
11.42%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
13.61%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
13.11%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
11.03%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
8.33%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
7.76%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
7.39%
CURRENT VS TTM AVG
-16.06%
CURRENT VS 3Y AVG
-12.89%
CURRENT VS 5Y AVG
+3.55%
CURRENT VS 10Y AVG
+37.02%
CURRENT VS 15Y AVG
+47.12%
CURRENT VS 20Y AVG
+54.51%
SECTOR MEDIAN · INDUSTRIALS
9.07%
median of 130 covered companies
CURRENT VS SECTOR MEDIAN
+25.84%
vs the sector median at left
Caterpillar Inc.
Market Cap
$375.33B
Return on Invested Capital (ROIC)
11.42%
TTM Avg
13.61%
3Y Avg
13.11%
5Y Avg
11.03%
Market Cap
$373.60B
Return on Invested Capital (ROIC)
8.12%
TTM Avg
7.21%
3Y Avg
4.90%
5Y Avg
3.40%
Market Cap
$290.06B
Return on Invested Capital (ROIC)
6.49%
TTM Avg
5.57%
3Y Avg
4.45%
5Y Avg
3.27%
Market Cap
$250.58B
Return on Invested Capital (ROIC)
5.37%
TTM Avg
6.08%
3Y Avg
5.69%
5Y Avg
5.11%
Market Cap
$189.10B
Return on Invested Capital (ROIC)
10.96%
TTM Avg
10.36%
3Y Avg
10.18%
5Y Avg
9.41%
Market Cap
$179.01B
Return on Invested Capital (ROIC)
15.49%
TTM Avg
15.07%
3Y Avg
13.89%
5Y Avg
12.62%
Market Cap
$173.55B
Return on Invested Capital (ROIC)
11.70%
TTM Avg
11.65%
3Y Avg
11.67%
5Y Avg
11.45%
Market Cap
$170.83B
Return on Invested Capital (ROIC)
-6.67%
TTM Avg
-11.95%
3Y Avg
-8.08%
5Y Avg
-8.72%
Market Cap
$161.22B
Return on Invested Capital (ROIC)
13.14%
TTM Avg
13.05%
3Y Avg
11.55%
5Y Avg
10.10%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Caterpillar Inc. (CAT) | $375.33B | 11.42% | 13.61% | 13.11% | 11.03% |
| GE Aerospace (GE)vs › | $373.60B | 8.12% | 7.21% | 4.90% | 3.40% |
| RTX Corporation (RTX)vs › | $290.06B | 6.49% | 5.57% | 4.45% | 3.27% |
| Siemens AG (SIEGY)vs › | $250.58B | 5.37% | 6.08% | 5.69% | 5.11% |
| Schneider Electric S.E. (SBGSY)vs › | $189.10B | 10.96% | 10.36% | 10.18% | 9.41% |
| ABB Ltd (ABBNY)vs › | $179.01B | 15.49% | 15.07% | 13.89% | 12.62% |
| Union Pacific Corporation (UNP)vs › | $173.55B | 11.70% | 11.65% | 11.67% | 11.45% |
| The Boeing Company (BA)vs › | $170.83B | -6.67% | -11.95% | -8.08% | -8.72% |
| Eaton Corporation plc (ETN)vs › | $161.22B | 13.14% | 13.05% | 11.55% | 10.10% |
| Deere & Company (DE)vs › | $159.98B | 7.13% | 7.13% | 9.73% | 9.30% |
ROIC
11.4%
ROE
50.5%
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 | 11.42% |
| 2024-12-31 | 15.79% |
| 2023-12-31 | 15.44% |
| 2022-12-31 | 9.79% |
| 2021-12-31 | 8.38% |
| 2020-12-31 | 5.35% |
| 2019-12-31 | 10.19% |
| 2018-12-31 | 10.51% |
| 2017-12-31 | 1.35% |
| 2016-12-31 | -0.82% |
| 2015-12-31 | 4.28% |
| 2014-12-31 | 3.79% |
| 2013-12-31 | 6.09% |
| 2012-12-31 | 8.26% |
| 2011-12-31 | 8.51% |
| 2010-12-31 | 5.87% |
| 2009-12-31 | 1.13% |
| 2008-12-31 | 6.41% |
| 2007-12-31 | 7.82% |
| 2006-12-31 | 8.54% |
| 2005-12-31 | 7.11% |
| 2004-12-31 | 5.92% |
| 2003-12-31 | 4.18% |
| 2002-12-31 | 3.52% |
| 2001-12-31 | 3.50% |
| 2000-12-31 | 7.20% |
| 1999-12-31 | 6.21% |
| 1998-12-31 | 9.42% |
| 1997-12-31 | 11.80% |
| 1996-12-31 | 10.77% |
