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 10.58% is 14% above its 5-year average of 9.31%, near the high end of its 5-year range (7.13%–11.40%).
As of the fiscal period ended Wednesday, December 31, 2025. 3.73% below its 12-month average of 10.99%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
10.58%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
10.99%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
9.48%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
9.31%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
8.42%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
8.48%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
8.38%
CURRENT VS TTM AVG
-3.73%
CURRENT VS 3Y AVG
+11.57%
CURRENT VS 5Y AVG
+13.58%
CURRENT VS 10Y AVG
+25.60%
CURRENT VS 15Y AVG
+24.75%
CURRENT VS 20Y AVG
+26.32%
SECTOR MEDIAN · HEALTHCARE
8.53%
median of 79 covered companies
CURRENT VS SECTOR MEDIAN
+24.03%
vs the sector median at left
DaVita Inc.
Market Cap
$12.11B
Return on Invested Capital (ROIC)
10.58%
TTM Avg
10.99%
3Y Avg
9.48%
5Y Avg
9.31%
Market Cap
$12.52B
Return on Invested Capital (ROIC)
9.94%
TTM Avg
9.96%
3Y Avg
10.13%
5Y Avg
11.66%
Market Cap
$12.56B
Return on Invested Capital (ROIC)
8.36%
TTM Avg
4.65%
3Y Avg
6.09%
5Y Avg
6.66%
Market Cap
$12.83B
Return on Invested Capital (ROIC)
2.82%
TTM Avg
2.97%
3Y Avg
3.42%
5Y Avg
5.50%
Market Cap
$11.27B
Return on Invested Capital (ROIC)
3.18%
TTM Avg
5.25%
3Y Avg
8.14%
5Y Avg
8.29%
Market Cap
$10.39B
Return on Invested Capital (ROIC)
11.29%
TTM Avg
10.92%
3Y Avg
8.93%
5Y Avg
9.01%
Market Cap
$10.37B
Return on Invested Capital (ROIC)
-24.28%
TTM Avg
-15.13%
3Y Avg
-6.38%
5Y Avg
-2.73%
Market Cap
$10.21B
Return on Invested Capital (ROIC)
6.58%
TTM Avg
6.66%
3Y Avg
7.75%
5Y Avg
8.24%
Market Cap
$10.19B
Return on Invested Capital (ROIC)
7.64%
TTM Avg
12.01%
3Y Avg
15.07%
5Y Avg
15.28%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| DaVita Inc. (DVA) | $12.11B | 10.58% | 10.99% | 9.48% | 9.31% |
| Align Technology, Inc. (ALGN)vs › | $12.52B | 9.94% | 9.96% | 10.13% | 11.66% |
| Charles River Laboratories International, Inc. (CRL)vs › | $12.56B | 8.36% | 4.65% | 6.09% | 6.66% |
| Revvity, Inc. (RVTY)vs › | $12.83B | 2.82% | 2.97% | 3.42% | 5.50% |
| Bio-Techne Corporation (TECH)vs › | $11.27B | 3.18% | 5.25% | 8.14% | 8.29% |
| Universal Health Services, Inc. (UHS)vs › | $10.39B | 11.29% | 10.92% | 8.93% | 9.01% |
| Walgreens Boots Alliance, Inc. (WBA)vs › | $10.37B | -24.28% | -15.13% | -6.38% | -2.73% |
| Henry Schein, Inc. (HSIC)vs › | $10.21B | 6.58% | 6.66% | 7.75% | 8.24% |
| Molina Healthcare, Inc. (MOH)vs › | $10.19B | 7.64% | 12.01% | 15.07% | 15.28% |
| Baxter International Inc. (BAX)vs › | $14.13B | -1.79% | -0.86% | -2.61% | 0.30% |
ROIC
10.6%
ROE
-114.7%
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 | 10.58% |
| 2024-12-31 | 11.40% |
| 2023-12-31 | 8.82% |
| 2022-12-31 | 7.13% |
| 2021-12-31 | 9.38% |
| 2020-12-31 | 8.58% |
| 2019-12-31 | 8.17% |
| 2018-12-31 | 7.12% |
| 2017-12-31 | 8.66% |
| 2016-12-31 | 8.69% |
| 2015-12-31 | 4.13% |
| 2014-12-31 | 7.53% |
| 2013-12-31 | 6.87% |
| 2012-12-31 | 5.84% |
| 2011-12-31 | 9.54% |
| 2010-12-31 | 8.90% |
| 2009-12-31 | 9.00% |
| 2008-12-31 | 8.61% |
| 2007-12-31 | 8.92% |
| 2006-12-31 | 8.33% |
| 2005-12-31 | 5.44% |
| 2004-12-31 | 11.02% |
| 2003-12-31 | 13.44% |
| 2002-12-31 | 15.20% |
| 2001-12-31 | 12.81% |
| 2000-12-31 | 5.02% |
| 1999-12-31 | 15.96% |
| 1998-12-31 | 3.27% |
| 1997-12-31 | 5.91% |
| 1996-12-31 | 12.59% |
