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 18.97% is 37% above its 5-year average of 13.86%, near the high end of its 5-year range (5.41%–18.97%).
As of the fiscal period ended Wednesday, December 31, 2025. 3.77% above its 12-month average of 18.28%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
18.97%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
18.28%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
16.75%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
13.86%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
11.85%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
13.84%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
12.97%
CURRENT VS TTM AVG
+3.77%
CURRENT VS 3Y AVG
+13.29%
CURRENT VS 5Y AVG
+36.85%
CURRENT VS 10Y AVG
+60.02%
CURRENT VS 15Y AVG
+37.11%
CURRENT VS 20Y AVG
+46.27%
SECTOR MEDIAN · CONSUMER CYCLICAL
9.87%
median of 87 covered companies
CURRENT VS SECTOR MEDIAN
+92.20%
vs the sector median at left
Chipotle Mexican Grill, Inc.
Market Cap
$47.77B
Return on Invested Capital (ROIC)
18.97%
TTM Avg
18.28%
3Y Avg
16.75%
5Y Avg
13.86%
Market Cap
$46.34B
Return on Invested Capital (ROIC)
0.62%
TTM Avg
4.36%
3Y Avg
4.44%
5Y Avg
3.98%
Market Cap
$49.24B
Return on Invested Capital (ROIC)
28.13%
TTM Avg
31.16%
3Y Avg
32.59%
5Y Avg
33.13%
Market Cap
$50.62B
Return on Invested Capital (ROIC)
14.36%
TTM Avg
13.88%
3Y Avg
11.58%
5Y Avg
11.14%
Market Cap
$42.25B
Return on Invested Capital (ROIC)
28.27%
TTM Avg
30.99%
3Y Avg
34.86%
5Y Avg
35.07%
Market Cap
$40.01B
Return on Invested Capital (ROIC)
10.09%
TTM Avg
11.91%
3Y Avg
15.13%
5Y Avg
15.47%
Market Cap
$38.09B
Return on Invested Capital (ROIC)
10.79%
TTM Avg
9.96%
3Y Avg
3.71%
5Y Avg
-2.95%
Market Cap
$58.54B
Return on Invested Capital (ROIC)
0.75%
TTM Avg
1.26%
3Y Avg
1.78%
5Y Avg
1.23%
Market Cap
$61.72B
Return on Invested Capital (ROIC)
10.69%
TTM Avg
11.13%
3Y Avg
14.40%
5Y Avg
16.40%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Chipotle Mexican Grill, Inc. (CMG) | $47.77B | 18.97% | 18.28% | 16.75% | 13.86% |
| JD.com, Inc. (JD)vs › | $46.34B | 0.62% | 4.36% | 4.44% | 3.98% |
| AutoZone, Inc. (AZO)vs › | $49.24B | 28.13% | 31.16% | 32.59% | 33.13% |
| eBay Inc. (EBAY)vs › | $50.62B | 14.36% | 13.88% | 11.58% | 11.14% |
| Yum! Brands, Inc. (YUM)vs › | $42.25B | 28.27% | 30.99% | 34.86% | 35.07% |
| D.R. Horton, Inc. (DHI)vs › | $40.01B | 10.09% | 11.91% | 15.13% | 15.47% |
| Carnival Corporation & plc (CCL)vs › | $38.09B | 10.79% | 9.96% | 3.71% | -2.95% |
| Ford Motor Company (F)vs › | $58.54B | 0.75% | 1.26% | 1.78% | 1.23% |
| NIKE, Inc. (NKE)vs › | $61.72B | 10.69% | 11.13% | 14.40% | 16.40% |
| Expedia Group, Inc. (EXPE)vs › | $33.75B | 18.64% | 14.65% | 10.70% | 5.38% |
ROIC
19.0%
ROE
64.5%
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 | 18.97% |
| 2024-12-31 | 17.59% |
| 2023-12-31 | 16.27% |
| 2022-12-31 | 14.15% |
| 2021-12-31 | 10.78% |
| 2020-12-31 | 5.41% |
| 2019-12-31 | 7.36% |
| 2018-12-31 | 9.36% |
| 2017-12-31 | 10.05% |
| 2016-12-31 | 1.17% |
| 2015-12-31 | 19.29% |
| 2014-12-31 | 19.42% |
| 2013-12-31 | 18.03% |
| 2012-12-31 | 18.68% |
| 2011-12-31 | 16.99% |
| 2010-12-31 | 17.85% |
| 2009-12-31 | 14.72% |
| 2008-12-31 | 10.19% |
| 2007-12-31 | 10.32% |
| 2006-12-31 | 6.92% |
| 2005-12-31 | 8.84% |
| 2004-12-31 | 2.07% |
| 2003-12-31 | -3.77% |
| 2002-12-31 | -10.17% |
| 2001-12-31 | -18.80% |
