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 4.77% is 256% above its 5-year average of 1.34%, near the high end of its 5-year range (-1.90%–4.77%).
As of the fiscal period ended Wednesday, December 31, 2025. 11.45% above its 12-month average of 4.28%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
4.77%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
4.28%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
2.75%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
1.34%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
0.46%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
1.63%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
2.60%
CURRENT VS TTM AVG
+11.45%
CURRENT VS 3Y AVG
+73.14%
CURRENT VS 5Y AVG
+255.97%
CURRENT VS 10Y AVG
+941.07%
CURRENT VS 15Y AVG
+191.85%
CURRENT VS 20Y AVG
+83.14%
SECTOR MEDIAN · ENERGY
7.14%
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
-33.24%
vs the sector median at left
Cameco Corporation
Market Cap
$38.43B
Return on Invested Capital (ROIC)
4.77%
TTM Avg
4.28%
3Y Avg
2.75%
5Y Avg
1.34%
Market Cap
$32.97B
Return on Invested Capital (ROIC)
6.18%
TTM Avg
3.92%
3Y Avg
6.66%
5Y Avg
2.88%
Market Cap
$32.33B
Return on Invested Capital (ROIC)
8.20%
TTM Avg
5.85%
3Y Avg
12.44%
5Y Avg
9.95%
Market Cap
$30.44B
Return on Invested Capital (ROIC)
10.12%
TTM Avg
10.43%
3Y Avg
14.13%
5Y Avg
9.32%
Market Cap
$27.45B
Return on Invested Capital (ROIC)
10.46%
TTM Avg
11.22%
3Y Avg
17.56%
5Y Avg
14.65%
Market Cap
$27.19B
Return on Invested Capital (ROIC)
30.12%
TTM Avg
32.86%
3Y Avg
38.58%
5Y Avg
37.62%
Market Cap
$26.43B
Return on Invested Capital (ROIC)
8.38%
TTM Avg
11.54%
3Y Avg
12.77%
5Y Avg
8.00%
Market Cap
$24.72B
Return on Invested Capital (ROIC)
8.00%
TTM Avg
6.80%
3Y Avg
10.87%
5Y Avg
9.26%
Market Cap
$21.40B
Return on Invested Capital (ROIC)
6.38%
TTM Avg
1.84%
3Y Avg
12.91%
5Y Avg
-13.44%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cameco Corporation (CCJ) | $38.43B | 4.77% | 4.28% | 2.75% | 1.34% |
| EQT Corporation (EQT)vs › | $32.97B | 6.18% | 3.92% | 6.66% | 2.88% |
| Venture Global, Inc. (VG)vs › | $32.33B | 8.20% | 5.85% | 12.44% | 9.95% |
| Tenaris S.A. (TS)vs › | $30.44B | 10.12% | 10.43% | 14.13% | 9.32% |
| Devon Energy Corporation (DVN)vs › | $27.45B | 10.46% | 11.22% | 17.56% | 14.65% |
| Texas Pacific Land Corporation (TPL)vs › | $27.19B | 30.12% | 32.86% | 38.58% | 37.62% |
| Halliburton Company (HAL)vs › | $26.43B | 8.38% | 11.54% | 12.77% | 8.00% |
| Coterra Energy Inc. (CTRA)vs › | $24.72B | 8.00% | 6.80% | 10.87% | 9.26% |
| Expand Energy Corporation (EXE)vs › | $21.40B | 6.38% | 1.84% | 12.91% | -13.44% |
| Occidental Petroleum Corporation (OXY)vs › | $55.65B | 3.15% | 4.32% | 8.73% | 6.32% |
ROIC
4.8%
ROE
13.0%
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 | 4.77% |
| 2024-12-31 | 3.79% |
| 2023-12-31 | 2.27% |
| 2022-12-31 | 0.19% |
| 2021-12-31 | -1.90% |
| 2020-12-31 | -1.08% |
| 2019-12-31 | 0.92% |
| 2018-12-31 | 0.92% |
| 2017-12-31 | -1.71% |
| 2016-12-31 | -0.71% |
| 2015-12-31 | -2.42% |
| 2014-12-31 | -0.23% |
| 2013-12-31 | 3.56% |
| 2012-12-31 | 3.55% |
| 2011-12-31 | 7.04% |
| 2010-12-31 | 7.19% |
| 2009-12-31 | 29.72% |
| 2008-12-31 | 8.42% |
| 2007-12-31 | 9.48% |
| 2006-12-31 | 7.22% |
| 2005-12-31 | 0.82% |
| 2004-12-31 | 5.60% |
| 2003-12-31 | 2.94% |
| 2002-12-31 | 1.60% |
| 2001-12-31 | 2.00% |
| 2000-12-31 | -1.93% |
| 1999-12-31 | 2.48% |
| 1998-12-31 | 1.80% |
| 1997-12-31 | 3.72% |
| 1996-12-31 | 8.06% |