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 15.31% is 45% above its 5-year average of 10.57%, near the high end of its 5-year range (4.56%–15.31%).
As of the fiscal period ended Wednesday, December 31, 2025. 11.75% above its 12-month average of 13.70%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
15.31%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
13.70%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
11.13%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
10.57%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
18.12%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
29.33%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
+11.75%
CURRENT VS 3Y AVG
+37.59%
CURRENT VS 5Y AVG
+44.87%
CURRENT VS 10Y AVG
-15.50%
CURRENT VS 15Y AVG
-47.81%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · FINANCIAL SERVICES
6.75%
median of 83 covered companies
CURRENT VS SECTOR MEDIAN
+126.81%
vs the sector median at left
Cboe Global Markets, Inc.
Market Cap
$29.59B
Return on Invested Capital (ROIC)
15.31%
TTM Avg
13.70%
3Y Avg
11.13%
5Y Avg
10.57%
Market Cap
$30.87B
Return on Invested Capital (ROIC)
4.25%
TTM Avg
3.89%
3Y Avg
3.97%
5Y Avg
4.27%
Market Cap
$31.80B
Return on Invested Capital (ROIC)
11.52%
TTM Avg
4.01%
3Y Avg
5.09%
5Y Avg
5.32%
Market Cap
$26.97B
Return on Invested Capital (ROIC)
13.79%
TTM Avg
10.08%
3Y Avg
9.55%
5Y Avg
8.86%
Market Cap
$26.58B
Return on Invested Capital (ROIC)
10.68%
TTM Avg
11.01%
3Y Avg
7.29%
5Y Avg
382.76%
Market Cap
$26.09B
Return on Invested Capital (ROIC)
10.42%
TTM Avg
10.63%
3Y Avg
10.16%
5Y Avg
8.02%
Market Cap
$25.53B
Return on Invested Capital (ROIC)
9.36%
TTM Avg
9.36%
3Y Avg
9.00%
5Y Avg
9.31%
Market Cap
$34.33B
Return on Invested Capital (ROIC)
7.12%
TTM Avg
11.32%
3Y Avg
10.95%
5Y Avg
149.50%
Market Cap
$34.36B
Return on Invested Capital (ROIC)
N/A
TTM Avg
5.60%
3Y Avg
4.67%
5Y Avg
4.96%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cboe Global Markets, Inc. (CBOE) | $29.59B | 15.31% | 13.70% | 11.13% | 10.57% |
| Citizens Financial Group, Inc. (CFG)vs › | $30.87B | 4.25% | 3.89% | 3.97% | 4.27% |
| Willis Towers Watson Public Limited Company (WTW)vs › | $31.80B | 11.52% | 4.01% | 5.09% | 5.32% |
| Regions Financial Corporation (RF)vs › | $26.97B | 13.79% | 10.08% | 9.55% | 8.86% |
| Cincinnati Financial Corporation (CINF)vs › | $26.58B | 10.68% | 11.01% | 7.29% | 382.76% |
| W. R. Berkley Corporation (WRB)vs › | $26.09B | 10.42% | 10.63% | 10.16% | 8.02% |
| Synchrony Financial (SYF)vs › | $25.53B | 9.36% | 9.36% | 9.00% | 9.31% |
| Arch Capital Group Ltd. (ACGL)vs › | $34.33B | 7.12% | 11.32% | 10.95% | 149.50% |
| Northern Trust Corporation (NTRS)vs › | $34.36B | N/A | 5.60% | 4.67% | 4.96% |
| Raymond James Financial, Inc. (RJF)vs › | $34.58B | 15.88% | 13.07% | 11.13% | 9.95% |
ROIC
15.3%
ROE
24.1%
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 | 15.31% |
| 2024-12-31 | 12.09% |
| 2023-12-31 | 12.55% |
| 2022-12-31 | 4.56% |
| 2021-12-31 | 9.99% |
| 2020-12-31 | 8.91% |
| 2019-12-31 | 8.22% |
| 2018-12-31 | 8.88% |
| 2017-12-31 | 7.54% |
| 2016-12-31 | 46.11% |
| 2015-12-31 | 65.13% |
| 2014-12-31 | 61.61% |
| 2013-12-31 | 53.07% |
| 2012-12-31 | 55.25% |
| 2011-12-31 | 50.91% |
| 2010-12-31 | 49.22% |
| 2009-12-31 | 106.88% |
| 2008-12-31 | 27.55% |
