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 5.98% is 15% above its 5-year average of 5.18%, near the high end of its 5-year range (4.00%–6.75%).
As of the fiscal period ended Wednesday, December 31, 2025. 4.70% below its 12-month average of 6.28%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
5.98%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
6.28%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
5.70%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
5.18%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
4.53%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
4.10%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
3.73%
CURRENT VS TTM AVG
-4.70%
CURRENT VS 3Y AVG
+4.91%
CURRENT VS 5Y AVG
+15.33%
CURRENT VS 10Y AVG
+31.88%
CURRENT VS 15Y AVG
+45.70%
CURRENT VS 20Y AVG
+60.43%
SECTOR MEDIAN · REAL ESTATE
5.18%
median of 39 covered companies
CURRENT VS SECTOR MEDIAN
+15.44%
vs the sector median at left
Essex Property Trust, Inc.
Market Cap
$18.93B
Return on Invested Capital (ROIC)
5.98%
TTM Avg
6.28%
3Y Avg
5.70%
5Y Avg
5.18%
Market Cap
$18.55B
Return on Invested Capital (ROIC)
11.03%
TTM Avg
12.45%
3Y Avg
10.60%
5Y Avg
9.73%
Market Cap
$17.85B
Return on Invested Capital (ROIC)
4.89%
TTM Avg
4.17%
3Y Avg
3.97%
5Y Avg
3.66%
Market Cap
$17.74B
Return on Invested Capital (ROIC)
3.65%
TTM Avg
3.85%
3Y Avg
8.21%
5Y Avg
10.56%
Market Cap
$17.70B
Return on Invested Capital (ROIC)
4.20%
TTM Avg
3.59%
3Y Avg
3.25%
5Y Avg
3.09%
Market Cap
$17.44B
Return on Invested Capital (ROIC)
7.74%
TTM Avg
7.12%
3Y Avg
7.20%
5Y Avg
2.86%
Market Cap
$15.79B
Return on Invested Capital (ROIC)
5.32%
TTM Avg
5.75%
3Y Avg
5.99%
5Y Avg
5.39%
Market Cap
$15.73B
Return on Invested Capital (ROIC)
2.94%
TTM Avg
2.77%
3Y Avg
2.87%
5Y Avg
2.63%
Market Cap
$15.29B
Return on Invested Capital (ROIC)
8.29%
TTM Avg
4.73%
3Y Avg
4.22%
5Y Avg
4.51%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Essex Property Trust, Inc. (ESS) | $18.93B | 5.98% | 6.28% | 5.70% | 5.18% |
| SBA Communications Corporation (SBAC)vs › | $18.55B | 11.03% | 12.45% | 10.60% | 9.73% |
| Invitation Homes Inc. (INVH)vs › | $17.85B | 4.89% | 4.17% | 3.97% | 3.66% |
| Weyerhaeuser Company (WY)vs › | $17.74B | 3.65% | 3.85% | 8.21% | 10.56% |
| Kimco Realty Corporation (KIM)vs › | $17.70B | 4.20% | 3.59% | 3.25% | 3.09% |
| Host Hotels & Resorts, Inc. (HST)vs › | $17.44B | 7.74% | 7.12% | 7.20% | 2.86% |
| Mid-America Apartment Communities, Inc. (MAA)vs › | $15.79B | 5.32% | 5.75% | 5.99% | 5.39% |
| Healthpeak Properties, Inc. (DOC)vs › | $15.73B | 2.94% | 2.77% | 2.87% | 2.63% |
| Sun Communities, Inc. (SUI)vs › | $15.29B | 8.29% | 4.73% | 4.22% | 4.51% |
| Regency Centers Corporation (REG)vs › | $14.78B | 6.51% | 6.36% | 7.09% | 7.11% |
ROIC
6.0%
ROE
10.6%
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 | 6.75% |
| 2024-12-31 | 5.80% |
| 2023-12-31 | 5.17% |
| 2022-12-31 | 5.08% |
| 2021-12-31 | 4.31% |
| 2020-12-31 | 4.00% |
| 2019-12-31 | 3.99% |
| 2018-12-31 | 4.36% |
| 2017-12-31 | 3.97% |
| 2016-12-31 | 3.58% |
| 2015-12-31 | 2.87% |
| 2014-12-31 | 1.82% |
| 2013-12-31 | 3.85% |
| 2012-12-31 | 3.66% |
| 2011-12-31 | 3.56% |
| 2010-12-31 | 3.26% |
| 2009-12-31 | 3.61% |
| 2008-12-31 | 5.30% |
| 2007-12-31 | 2.00% |
| 2006-12-31 | 2.54% |
| 2005-12-31 | 1.82% |
| 2004-12-31 | 2.60% |
| 2003-12-31 | 3.19% |
| 2002-12-31 | 4.07% |
| 2001-12-31 | 3.61% |
| 2000-12-31 | 7.76% |
| 1999-12-31 | 7.28% |
| 1998-12-31 | 6.55% |
| 1997-12-31 | 5.73% |
| 1996-12-31 | 6.67% |
