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 26.65% is in line with its 5-year average of 28.82%, around the middle of its 5-year range (22.08%–37.23%).
As of the fiscal period ended Wednesday, December 31, 2025. 1.79% below its 12-month average of 27.13%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
26.65%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
27.13%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
28.84%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
28.82%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
27.09%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
24.05%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
22.05%
CURRENT VS TTM AVG
-1.79%
CURRENT VS 3Y AVG
-7.59%
CURRENT VS 5Y AVG
-7.53%
CURRENT VS 10Y AVG
-1.63%
CURRENT VS 15Y AVG
+10.82%
CURRENT VS 20Y AVG
+20.87%
SECTOR MEDIAN · INDUSTRIALS
9.07%
median of 130 covered companies
CURRENT VS SECTOR MEDIAN
+193.66%
vs the sector median at left
Expeditors International of Washington, Inc.
Market Cap
$21.96B
Return on Invested Capital (ROIC)
26.65%
TTM Avg
27.13%
3Y Avg
28.84%
5Y Avg
28.82%
Market Cap
$22.00B
Return on Invested Capital (ROIC)
1.79%
TTM Avg
1.43%
3Y Avg
1.63%
5Y Avg
0.18%
Market Cap
$21.23B
Return on Invested Capital (ROIC)
13.79%
TTM Avg
13.79%
3Y Avg
14.73%
5Y Avg
14.92%
Market Cap
$22.96B
Return on Invested Capital (ROIC)
16.15%
TTM Avg
16.98%
3Y Avg
19.04%
5Y Avg
16.49%
Market Cap
$20.79B
Return on Invested Capital (ROIC)
7.44%
TTM Avg
6.47%
3Y Avg
3.90%
5Y Avg
3.56%
Market Cap
$23.60B
Return on Invested Capital (ROIC)
7.68%
TTM Avg
8.00%
3Y Avg
6.70%
5Y Avg
5.29%
Market Cap
$20.28B
Return on Invested Capital (ROIC)
7.69%
TTM Avg
7.52%
3Y Avg
7.25%
5Y Avg
7.45%
Market Cap
$24.88B
Return on Invested Capital (ROIC)
8.15%
TTM Avg
6.54%
3Y Avg
6.95%
5Y Avg
6.04%
Market Cap
$24.97B
Return on Invested Capital (ROIC)
13.76%
TTM Avg
14.52%
3Y Avg
13.99%
5Y Avg
12.52%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Expeditors International of Washington, Inc. (EXPD) | $21.96B | 26.65% | 27.13% | 28.84% | 28.82% |
| Southwest Airlines Co. (LUV)vs › | $22.00B | 1.79% | 1.43% | 1.63% | 0.18% |
| Snap-on Incorporated (SNA)vs › | $21.23B | 13.79% | 13.79% | 14.73% | 14.92% |
| Veralto Corporation (VLTO)vs › | $22.96B | 16.15% | 16.98% | 19.04% | 16.49% |
| MasTec, Inc. (MTZ)vs › | $20.79B | 7.44% | 6.47% | 3.90% | 3.56% |
| XPO Logistics, Inc. (XPO)vs › | $23.60B | 7.68% | 8.00% | 6.70% | 5.29% |
| Equifax Inc. (EFX)vs › | $20.28B | 7.69% | 7.52% | 7.25% | 7.45% |
| nVent Electric plc (NVT)vs › | $24.88B | 8.15% | 6.54% | 6.95% | 6.04% |
| Hubbell Incorporated (HUBB)vs › | $24.97B | 13.76% | 14.52% | 13.99% | 12.52% |
| J.B. Hunt Transport Services, Inc. (JBHT)vs › | $25.52B | 9.32% | 8.86% | 10.80% | 11.35% |
ROIC
26.6%
ROE
36.6%
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 | 26.65% |
| 2024-12-31 | 27.62% |
| 2023-12-31 | 23.85% |
| 2022-12-31 | 37.23% |
| 2021-12-31 | 35.49% |
| 2020-12-31 | 22.08% |
| 2019-12-31 | 22.03% |
| 2018-12-31 | 30.35% |
| 2017-12-31 | 23.61% |
| 2016-12-31 | 22.68% |
| 2015-12-31 | 26.41% |
| 2014-12-31 | 19.37% |
| 2013-12-31 | 15.74% |
| 2012-12-31 | 15.21% |
| 2011-12-31 | 18.08% |
| 2010-12-31 | 18.38% |
| 2009-12-31 | 14.22% |
| 2008-12-31 | 20.06% |
| 2007-12-31 | 19.56% |
| 2006-12-31 | 20.01% |
| 2005-12-31 | 19.57% |
| 2004-12-31 | 17.31% |
| 2003-12-31 | 16.66% |
| 2002-12-31 | 20.59% |
| 2001-12-31 | 22.10% |
| 2000-12-31 | 21.67% |
| 1999-12-31 | 17.93% |
| 1998-12-31 | 20.00% |
| 1997-12-31 | 21.13% |
| 1996-12-31 | 15.99% |
