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 11.83% is 70% above its 5-year average of 6.98%, near the high end of its 5-year range (4.47%–11.83%).
As of the fiscal period ended Wednesday, December 31, 2025. 141.18% above its 12-month average of 4.90%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
11.83%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
4.90%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
5.96%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
6.98%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
7.07%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
6.48%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
5.71%
CURRENT VS TTM AVG
+141.18%
CURRENT VS 3Y AVG
+98.41%
CURRENT VS 5Y AVG
+69.57%
CURRENT VS 10Y AVG
+67.22%
CURRENT VS 15Y AVG
+82.69%
CURRENT VS 20Y AVG
+107.13%
SECTOR MEDIAN · REAL ESTATE
5.80%
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
+103.97%
vs the sector median at left
Extra Space Storage Inc.
Market Cap
$31.70B
Return on Invested Capital (ROIC)
11.83%
TTM Avg
4.90%
3Y Avg
5.96%
5Y Avg
6.98%
Market Cap
$32.27B
Return on Invested Capital (ROIC)
10.33%
TTM Avg
-1.30%
3Y Avg
2.71%
5Y Avg
3.63%
Market Cap
$29.06B
Return on Invested Capital (ROIC)
12.67%
TTM Avg
8.10%
3Y Avg
7.15%
5Y Avg
7.17%
Market Cap
$27.08B
Return on Invested Capital (ROIC)
7.34%
TTM Avg
4.48%
3Y Avg
4.38%
5Y Avg
4.11%
Market Cap
$37.82B
Return on Invested Capital (ROIC)
5.72%
TTM Avg
5.25%
3Y Avg
5.60%
5Y Avg
5.77%
Market Cap
$25.40B
Return on Invested Capital (ROIC)
4.61%
TTM Avg
7.53%
3Y Avg
8.36%
5Y Avg
8.17%
Market Cap
$43.77B
Return on Invested Capital (ROIC)
7.10%
TTM Avg
7.67%
3Y Avg
8.97%
5Y Avg
9.36%
Market Cap
$18.92B
Return on Invested Capital (ROIC)
122.53%
TTM Avg
12.45%
3Y Avg
10.60%
5Y Avg
9.73%
Market Cap
$18.63B
Return on Invested Capital (ROIC)
6.39%
TTM Avg
3.85%
3Y Avg
8.21%
5Y Avg
10.56%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Extra Space Storage Inc. (EXR) | $31.70B | 11.83% | 4.90% | 5.96% | 6.98% |
| Crown Castle Inc. (CCI)vs › | $32.27B | 10.33% | -1.30% | 2.71% | 3.63% |
| VICI Properties Inc. (VICI)vs › | $29.06B | 12.67% | 8.10% | 7.15% | 7.17% |
| AvalonBay Communities, Inc. (AVB)vs › | $27.08B | 7.34% | 4.48% | 4.38% | 4.11% |
| Iron Mountain Incorporated (IRM)vs › | $37.82B | 5.72% | 5.25% | 5.60% | 5.77% |
| Equity Residential (EQR)vs › | $25.40B | 4.61% | 7.53% | 8.36% | 8.17% |
| CBRE Group, Inc. (CBRE)vs › | $43.77B | 7.10% | 7.67% | 8.97% | 9.36% |
| SBA Communications Corporation (SBAC)vs › | $18.92B | 122.53% | 12.45% | 10.60% | 9.73% |
| Weyerhaeuser Company (WY)vs › | $18.63B | 6.39% | 3.85% | 8.21% | 10.56% |
| Essex Property Trust, Inc. (ESS)vs › | $18.51B | 10.69% | 6.28% | 5.70% | 5.18% |
ROIC
11.8%
ROE
7.2%
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 | 5.06% |
| 2024-12-31 | 4.75% |
| 2023-12-31 | 4.47% |
| 2022-12-31 | 9.57% |
| 2021-12-31 | 10.33% |
| 2020-12-31 | 7.68% |
| 2019-12-31 | 7.95% |
| 2018-12-31 | 8.47% |
| 2017-12-31 | 7.85% |
| 2016-12-31 | 6.65% |
| 2015-12-31 | 5.04% |
| 2014-12-31 | 6.60% |
| 2013-12-31 | 5.66% |
| 2012-12-31 | 4.96% |
| 2011-12-31 | 4.80% |
| 2010-12-31 | 3.77% |
| 2009-12-31 | 2.94% |
| 2008-12-31 | 2.66% |
| 2007-12-31 | 4.36% |
| 2006-12-31 | 3.92% |
| 2005-12-31 | 2.45% |
| 2004-12-31 | 1.52% |
| 2003-12-31 | 0.26% |
| 2002-12-31 | 23.30% |
