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 8.76% is 13% below its 5-year average of 10.06%, near the low end of its 5-year range (8.76%–11.39%).
As of the fiscal period ended Wednesday, December 31, 2025. 10.34% below its 12-month average of 9.77%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
8.76%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
9.77%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
10.34%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
10.06%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
9.31%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
-10.34%
CURRENT VS 3Y AVG
-15.32%
CURRENT VS 5Y AVG
-12.91%
CURRENT VS 10Y AVG
-5.92%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
8.02%
median of 175 covered companies
CURRENT VS SECTOR MEDIAN
+9.23%
vs the sector median at left
Corpay, Inc.
Market Cap
$25.72B
Return on Invested Capital (ROIC)
8.76%
TTM Avg
9.77%
3Y Avg
10.34%
5Y Avg
10.06%
Market Cap
$25.53B
Return on Invested Capital (ROIC)
14.42%
TTM Avg
13.43%
3Y Avg
9.38%
5Y Avg
8.29%
Market Cap
$25.91B
Return on Invested Capital (ROIC)
24.97%
TTM Avg
24.84%
3Y Avg
25.36%
5Y Avg
29.30%
Market Cap
$26.09B
Return on Invested Capital (ROIC)
-26.81%
TTM Avg
-28.01%
3Y Avg
-31.54%
5Y Avg
-31.38%
Market Cap
$26.32B
Return on Invested Capital (ROIC)
-3.18%
TTM Avg
-3.82%
3Y Avg
-9.21%
5Y Avg
-9.47%
Market Cap
$25.11B
Return on Invested Capital (ROIC)
12.31%
TTM Avg
12.78%
3Y Avg
13.55%
5Y Avg
13.20%
Market Cap
$26.44B
Return on Invested Capital (ROIC)
7.66%
TTM Avg
0.95%
3Y Avg
-11.78%
5Y Avg
-10.23%
Market Cap
$24.86B
Return on Invested Capital (ROIC)
19.56%
TTM Avg
23.38%
3Y Avg
22.29%
5Y Avg
18.45%
Market Cap
$24.72B
Return on Invested Capital (ROIC)
1.88%
TTM Avg
0.68%
3Y Avg
-4.02%
5Y Avg
-5.54%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Corpay, Inc. (CPAY) | $25.72B | 8.76% | 9.77% | 10.34% | 10.06% |
| First Solar, Inc. (FSLR)vs › | $25.53B | 14.42% | 13.43% | 9.38% | 8.29% |
| HP Inc. (HPQ)vs › | $25.91B | 24.97% | 24.84% | 25.36% | 29.30% |
| Roblox Corporation (RBLX)vs › | $26.09B | -26.81% | -28.01% | -31.54% | -31.38% |
| Zscaler, Inc. (ZS)vs › | $26.32B | -3.18% | -3.82% | -9.21% | -9.47% |
| Cognizant Technology Solutions Corporation (CTSH)vs › | $25.11B | 12.31% | 12.78% | 13.55% | 13.20% |
| Splunk Inc. (SPLK)vs › | $26.44B | 7.66% | 0.95% | -11.78% | -10.23% |
| Verisk Analytics, Inc. (VRSK)vs › | $24.86B | 19.56% | 23.38% | 22.29% | 18.45% |
| Okta, Inc. (OKTA)vs › | $24.72B | 1.88% | 0.68% | -4.02% | -5.54% |
| Tower Semiconductor Ltd. (TSEM)vs › | $24.56B | 5.73% | 6.07% | 10.73% | 9.25% |
ROIC
8.8%
ROE
33.5%
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 | 8.76% |
| 2024-12-31 | 10.78% |
| 2023-12-31 | 11.39% |
| 2022-12-31 | 10.45% |
| 2021-12-31 | 9.77% |
| 2020-12-31 | 9.20% |
| 2019-12-31 | 10.73% |
| 2018-12-31 | 9.21% |
| 2017-12-31 | 8.28% |
| 2016-12-31 | 6.92% |
| 2015-12-31 | 6.93% |
| 2014-12-31 | 5.76% |
| 2013-12-31 | 9.77% |