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 24.16% is 42% above its 5-year average of 17.05%, near the high end of its 5-year range (4.55%–26.97%).
As of the fiscal period ended Wednesday, December 31, 2025. 5.50% below its 12-month average of 25.56%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
24.16%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
25.56%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
21.39%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
17.05%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
13.84%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
10.24%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
9.28%
CURRENT VS TTM AVG
-5.50%
CURRENT VS 3Y AVG
+12.95%
CURRENT VS 5Y AVG
+41.69%
CURRENT VS 10Y AVG
+74.61%
CURRENT VS 15Y AVG
+135.97%
CURRENT VS 20Y AVG
+160.26%
SECTOR MEDIAN · INDUSTRIALS
9.21%
median of 130 covered companies
CURRENT VS SECTOR MEDIAN
+162.18%
vs the sector median at left
EMCOR Group, Inc.
Market Cap
$36.88B
Return on Invested Capital (ROIC)
24.16%
TTM Avg
25.56%
3Y Avg
21.39%
5Y Avg
17.05%
Market Cap
$35.82B
Return on Invested Capital (ROIC)
6.34%
TTM Avg
6.22%
3Y Avg
5.97%
5Y Avg
4.73%
Market Cap
$32.98B
Return on Invested Capital (ROIC)
7.78%
TTM Avg
8.62%
3Y Avg
9.58%
5Y Avg
9.75%
Market Cap
$32.23B
Return on Invested Capital (ROIC)
12.27%
TTM Avg
11.84%
3Y Avg
10.95%
5Y Avg
1.40%
Market Cap
$42.17B
Return on Invested Capital (ROIC)
20.49%
TTM Avg
18.63%
3Y Avg
25.58%
5Y Avg
26.72%
Market Cap
$42.55B
Return on Invested Capital (ROIC)
10.13%
TTM Avg
11.64%
3Y Avg
11.08%
5Y Avg
10.19%
Market Cap
$43.09B
Return on Invested Capital (ROIC)
6.63%
TTM Avg
6.83%
3Y Avg
5.79%
5Y Avg
1.90%
Market Cap
$44.13B
Return on Invested Capital (ROIC)
19.91%
TTM Avg
21.74%
3Y Avg
25.01%
5Y Avg
23.46%
Market Cap
$28.79B
Return on Invested Capital (ROIC)
9.40%
TTM Avg
9.16%
3Y Avg
10.28%
5Y Avg
10.65%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| EMCOR Group, Inc. (EME) | $36.88B | 24.16% | 25.56% | 21.39% | 17.05% |
| Ingersoll Rand Inc. (IR)vs › | $35.82B | 6.34% | 6.22% | 5.97% | 4.73% |
| Sunbelt Rentals Holdings Inc (SUNB)vs › | $32.98B | 7.78% | 8.62% | 9.58% | 9.75% |
| ATI Inc. (ATI)vs › | $32.23B | 12.27% | 11.84% | 10.95% | 1.40% |
| Paychex, Inc. (PAYX)vs › | $42.17B | 20.49% | 18.63% | 25.58% | 26.72% |
| Thomson Reuters Corporation (TRI)vs › | $42.55B | 10.13% | 11.64% | 11.08% | 10.19% |
| United Airlines Holdings, Inc. (UAL)vs › | $43.09B | 6.63% | 6.83% | 5.79% | 1.90% |
| Old Dominion Freight Line, Inc. (ODFL)vs › | $44.13B | 19.91% | 21.74% | 25.01% | 23.46% |
| Dover Corporation (DOV)vs › | $28.79B | 9.40% | 9.16% | 10.28% | 10.65% |
| Xylem Inc. (XYL)vs › | $28.58B | 6.37% | 6.08% | 6.10% | 5.97% |
ROIC
24.2%
ROE
35.2%
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 | 24.16% |
| 2024-12-31 | 26.97% |
| 2023-12-31 | 20.04% |
| 2022-12-31 | 14.39% |
| 2021-12-31 | 12.20% |
| 2020-12-31 | 4.55% |
| 2019-12-31 | 11.22% |
| 2018-12-31 | 12.31% |
| 2017-12-31 | 10.10% |
| 2016-12-31 | 8.00% |
| 2015-12-31 | 8.26% |
| 2014-12-31 | 8.63% |
| 2013-12-31 | 6.91% |
| 2012-12-31 | 8.75% |
| 2011-12-31 | 7.74% |
| 2010-12-31 | -1.74% |
| 2009-12-31 | 9.75% |
| 2008-12-31 | 12.31% |
| 2007-12-31 | 4.51% |
| 2006-12-31 | 9.40% |
| 2005-12-31 | 8.78% |
| 2004-12-31 | 5.73% |
| 2003-12-31 | 3.40% |
| 2002-12-31 | 9.08% |
| 2001-12-31 | 9.99% |
| 2000-12-31 | 10.77% |
| 1999-12-31 | 9.53% |
| 1998-12-31 | 7.21% |
| 1997-12-31 | 4.64% |
| 1996-12-31 | 4.58% |