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 4.61% is 44% below its 5-year average of 8.17%, near the low end of its 5-year range (4.61%–9.42%).
As of the fiscal period ended Wednesday, December 31, 2025. 38.78% below its 12-month average of 7.53%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
4.61%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
7.53%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
8.36%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
8.17%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
6.93%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
5.40%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
4.29%
CURRENT VS TTM AVG
-38.78%
CURRENT VS 3Y AVG
-44.87%
CURRENT VS 5Y AVG
-43.59%
CURRENT VS 10Y AVG
-33.49%
CURRENT VS 15Y AVG
-14.70%
CURRENT VS 20Y AVG
+7.58%
SECTOR MEDIAN · REAL ESTATE
5.24%
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
-12.11%
vs the sector median at left
Equity Residential
Market Cap
$24.62B
Return on Invested Capital (ROIC)
4.61%
TTM Avg
7.53%
3Y Avg
8.36%
5Y Avg
8.17%
Market Cap
$26.21B
Return on Invested Capital (ROIC)
4.15%
TTM Avg
4.48%
3Y Avg
4.38%
5Y Avg
4.11%
Market Cap
$28.71B
Return on Invested Capital (ROIC)
7.83%
TTM Avg
8.10%
3Y Avg
7.15%
5Y Avg
7.17%
Market Cap
$19.22B
Return on Invested Capital (ROIC)
122.53%
TTM Avg
12.45%
3Y Avg
10.60%
5Y Avg
9.73%
Market Cap
$30.72B
Return on Invested Capital (ROIC)
5.51%
TTM Avg
4.90%
3Y Avg
5.96%
5Y Avg
6.98%
Market Cap
$18.12B
Return on Invested Capital (ROIC)
4.03%
TTM Avg
3.85%
3Y Avg
8.21%
5Y Avg
10.56%
Market Cap
$18.11B
Return on Invested Capital (ROIC)
4.66%
TTM Avg
6.28%
3Y Avg
5.70%
5Y Avg
5.18%
Market Cap
$17.74B
Return on Invested Capital (ROIC)
4.91%
TTM Avg
4.17%
3Y Avg
3.97%
5Y Avg
3.66%
Market Cap
$32.29B
Return on Invested Capital (ROIC)
10.33%
TTM Avg
-1.30%
3Y Avg
2.71%
5Y Avg
3.63%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Equity Residential (EQR) | $24.62B | 4.61% | 7.53% | 8.36% | 8.17% |
| AvalonBay Communities, Inc. (AVB)vs › | $26.21B | 4.15% | 4.48% | 4.38% | 4.11% |
| VICI Properties Inc. (VICI)vs › | $28.71B | 7.83% | 8.10% | 7.15% | 7.17% |
| SBA Communications Corporation (SBAC)vs › | $19.22B | 122.53% | 12.45% | 10.60% | 9.73% |
| Extra Space Storage Inc. (EXR)vs › | $30.72B | 5.51% | 4.90% | 5.96% | 6.98% |
| Weyerhaeuser Company (WY)vs › | $18.12B | 4.03% | 3.85% | 8.21% | 10.56% |
| Essex Property Trust, Inc. (ESS)vs › | $18.11B | 4.66% | 6.28% | 5.70% | 5.18% |
| Invitation Homes Inc. (INVH)vs › | $17.74B | 4.91% | 4.17% | 3.97% | 3.66% |
| Crown Castle Inc. (CCI)vs › | $32.29B | 10.33% | -1.30% | 2.71% | 3.63% |
| Kimco Realty Corporation (KIM)vs › | $16.20B | 4.26% | 3.59% | 3.25% | 3.09% |
ROIC
4.6%
ROE
8.3%
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 | 5.67% |
| 2024-12-31 | 9.39% |
| 2023-12-31 | 9.42% |
| 2022-12-31 | 8.97% |
| 2021-12-31 | 8.60% |
| 2020-12-31 | 6.98% |
| 2019-12-31 | 6.91% |
| 2018-12-31 | 5.88% |
| 2017-12-31 | 5.24% |
| 2016-12-31 | 4.47% |
| 2015-12-31 | 4.71% |
| 2014-12-31 | 4.34% |
| 2013-12-31 | 2.41% |
| 2012-12-31 | 3.37% |
| 2011-12-31 | 0.00% |
| 2010-12-31 | 0.11% |
| 2009-12-31 | 0.36% |
| 2008-12-31 | 0.84% |
| 2007-12-31 | 0.57% |
| 2006-12-31 | 0.81% |
| 2005-12-31 | 0.94% |
| 2004-12-31 | 1.50% |
| 2003-12-31 | 5.50% |
| 2002-12-31 | 6.29% |
| 2001-12-31 | 12.71% |
| 2000-12-31 | 6.60% |
| 1999-12-31 | 5.97% |
| 1998-12-31 | 4.90% |
| 1997-12-31 | 4.38% |
| 1996-12-31 | 7.12% |
