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 14.27% is 11% below its 5-year average of 15.95%, around the middle of its 5-year range (5.12%–34.88%).
As of the fiscal period ended Wednesday, December 31, 2025. 10.79% above its 12-month average of 12.88%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
14.27%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
12.88%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
18.68%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
15.95%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
9.95%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
11.70%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
12.52%
CURRENT VS TTM AVG
+10.79%
CURRENT VS 3Y AVG
-23.62%
CURRENT VS 5Y AVG
-10.51%
CURRENT VS 10Y AVG
+43.38%
CURRENT VS 15Y AVG
+21.94%
CURRENT VS 20Y AVG
+13.94%
SECTOR MEDIAN · BASIC MATERIALS
6.87%
median of 43 covered companies
CURRENT VS SECTOR MEDIAN
+107.71%
vs the sector median at left
CF Industries Holdings, Inc.
Market Cap
$17.57B
Return on Invested Capital (ROIC)
14.27%
TTM Avg
12.88%
3Y Avg
18.68%
5Y Avg
15.95%
Market Cap
$16.44B
Return on Invested Capital (ROIC)
3.98%
TTM Avg
5.79%
3Y Avg
4.14%
5Y Avg
3.44%
Market Cap
$19.24B
Return on Invested Capital (ROIC)
-1.13%
TTM Avg
2.01%
3Y Avg
6.37%
5Y Avg
8.18%
Market Cap
$19.24B
Return on Invested Capital (ROIC)
2.18%
TTM Avg
2.86%
3Y Avg
3.62%
5Y Avg
3.63%
Market Cap
$19.51B
Return on Invested Capital (ROIC)
5.80%
TTM Avg
7.97%
3Y Avg
7.75%
5Y Avg
8.79%
Market Cap
$15.46B
Return on Invested Capital (ROIC)
0.64%
TTM Avg
-1.80%
3Y Avg
3.73%
5Y Avg
4.13%
Market Cap
$15.28B
Return on Invested Capital (ROIC)
26.15%
TTM Avg
27.82%
3Y Avg
27.96%
5Y Avg
27.44%
Market Cap
$14.99B
Return on Invested Capital (ROIC)
10.51%
TTM Avg
11.50%
3Y Avg
11.54%
5Y Avg
11.16%
Market Cap
$21.19B
Return on Invested Capital (ROIC)
0.51%
TTM Avg
1.87%
3Y Avg
4.25%
5Y Avg
5.41%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| CF Industries Holdings, Inc. (CF) | $17.57B | 14.27% | 12.88% | 18.68% | 15.95% |
| CEMEX, S.A.B. de C.V. (CX)vs › | $16.44B | 3.98% | 5.79% | 4.14% | 3.44% |
| LyondellBasell Industries N.V. (LYB)vs › | $19.24B | -1.13% | 2.01% | 6.37% | 8.18% |
| DuPont de Nemours, Inc. (DD)vs › | $19.24B | 2.18% | 2.86% | 3.62% | 3.63% |
| Royal Gold, Inc. (RGLD)vs › | $19.51B | 5.80% | 7.97% | 7.75% | 8.79% |
| Albemarle Corporation (ALB)vs › | $15.46B | 0.64% | -1.80% | 3.73% | 4.13% |
| Masco Corporation (MAS)vs › | $15.28B | 26.15% | 27.82% | 27.96% | 27.44% |
| RPM International Inc. (RPM)vs › | $14.99B | 10.51% | 11.50% | 11.54% | 11.16% |
| Dow Inc. (DOW)vs › | $21.19B | 0.51% | 1.87% | 4.25% | 5.41% |
| Reliance Steel & Aluminum Co. (RS)vs › | $21.64B | 8.16% | 8.96% | 12.94% | 12.74% |
ROIC
14.3%
ROE
23.5%
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 | 14.27% |
| 2024-12-31 | 11.49% |
| 2023-12-31 | 14.09% |
| 2022-12-31 | 34.88% |
| 2021-12-31 | 15.83% |
| 2020-12-31 | 5.12% |
| 2019-12-31 | 6.82% |
| 2018-12-31 | 4.54% |
| 2017-12-31 | -9.22% |
| 2016-12-31 | 2.61% |
| 2015-12-31 | 9.05% |
| 2014-12-31 | 10.06% |
| 2013-12-31 | 16.09% |
| 2012-12-31 | 21.57% |
| 2011-12-31 | 23.70% |
| 2010-12-31 | 8.60% |
| 2009-12-31 | 25.81% |
| 2008-12-31 | 50.86% |
| 2007-12-31 | 31.26% |
| 2006-12-31 | 10.98% |
| 2005-12-31 | -7.07% |
| 2004-12-31 | 8.10% |
| 2003-12-31 | 0.00% |
| 2002-12-31 | 0.00% |
| 2001-12-31 | 0.00% |
