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 4.00% is 58% above its 5-year average of 2.53%, around the middle of its 5-year range (0.37%–7.65%).
As of the fiscal period ended Wednesday, December 31, 2025. 31.33% below its 12-month average of 5.83%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
4.00%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
5.83%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
3.57%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
2.53%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
2.42%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
-31.33%
CURRENT VS 3Y AVG
+12.04%
CURRENT VS 5Y AVG
+58.31%
CURRENT VS 10Y AVG
+64.98%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · UTILITIES
4.06%
median of 43 covered companies
CURRENT VS SECTOR MEDIAN
-1.48%
vs the sector median at left
Constellation Energy Corporation
Market Cap
$95.21B
Return on Invested Capital (ROIC)
4.00%
TTM Avg
5.83%
3Y Avg
3.57%
5Y Avg
2.53%
Market Cap
$96.16B
Return on Invested Capital (ROIC)
4.13%
TTM Avg
4.07%
3Y Avg
3.83%
5Y Avg
3.58%
Market Cap
$107.10B
Return on Invested Capital (ROIC)
4.36%
TTM Avg
4.30%
3Y Avg
4.00%
5Y Avg
3.75%
Market Cap
$68.85B
Return on Invested Capital (ROIC)
4.71%
TTM Avg
4.83%
3Y Avg
4.51%
5Y Avg
4.30%
Market Cap
$60.05B
Return on Invested Capital (ROIC)
3.41%
TTM Avg
3.13%
3Y Avg
2.58%
5Y Avg
2.44%
Market Cap
$55.39B
Return on Invested Capital (ROIC)
2.56%
TTM Avg
2.75%
3Y Avg
3.19%
5Y Avg
3.51%
Market Cap
$49.86B
Return on Invested Capital (ROIC)
3.55%
TTM Avg
3.37%
3Y Avg
3.76%
5Y Avg
3.53%
Market Cap
$48.22B
Return on Invested Capital (ROIC)
3.77%
TTM Avg
3.71%
3Y Avg
3.95%
5Y Avg
3.99%
Market Cap
$47.40B
Return on Invested Capital (ROIC)
3.30%
TTM Avg
9.80%
3Y Avg
9.94%
5Y Avg
6.89%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Constellation Energy Corporation (CEG) | $95.21B | 4.00% | 5.83% | 3.57% | 2.53% |
| Duke Energy Corporation (DUK)vs › | $96.16B | 4.13% | 4.07% | 3.83% | 3.58% |
| The Southern Company (SO)vs › | $107.10B | 4.36% | 4.30% | 4.00% | 3.75% |
| American Electric Power Company, Inc. (AEP)vs › | $68.85B | 4.71% | 4.83% | 4.51% | 4.30% |
| Dominion Energy, Inc. (D)vs › | $60.05B | 3.41% | 3.13% | 2.58% | 2.44% |
| Sempra (SRE)vs › | $55.39B | 2.56% | 2.75% | 3.19% | 3.51% |
| Entergy Corporation (ETR)vs › | $49.86B | 3.55% | 3.37% | 3.76% | 3.53% |
| Xcel Energy Inc. (XEL)vs › | $48.22B | 3.77% | 3.71% | 3.95% | 3.99% |
| Vistra Corp. (VST)vs › | $47.40B | 3.30% | 9.80% | 9.94% | 6.89% |
| Exelon Corporation (EXC)vs › | $47.14B | 3.97% | 3.95% | 3.68% | 3.14% |
ROIC
4.0%
ROE
11.4%
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 | 4.00% |
| 2024-12-31 | 7.65% |
| 2023-12-31 | 2.26% |
| 2022-12-31 | 0.37% |
| 2021-12-31 | 0.47% |
| 2020-12-31 | 0.41% |
| 2019-12-31 | 2.06% |
| 2018-12-31 | 2.28% |
| 2017-12-31 | 2.12% |
| 2016-12-31 | 1.15% |
| 2015-12-31 | 3.90% |
| 2014-12-31 | 2.25% |
| 2013-12-31 | 2.61% |
| 2012-12-31 | 3.41% |
