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 7.77% is in line with its 5-year average of 8.45%, around the middle of its 5-year range (2.33%–12.86%).
As of the fiscal period ended Wednesday, December 31, 2025. 6.27% below its 12-month average of 8.29%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
7.77%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
8.29%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
8.87%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
8.45%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
6.23%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
6.93%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
9.85%
CURRENT VS TTM AVG
-6.27%
CURRENT VS 3Y AVG
-12.43%
CURRENT VS 5Y AVG
-8.01%
CURRENT VS 10Y AVG
+24.68%
CURRENT VS 15Y AVG
+12.19%
CURRENT VS 20Y AVG
-21.10%
SECTOR MEDIAN · BASIC MATERIALS
7.19%
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
+8.14%
vs the sector median at left
Freeport-McMoRan Inc.
Market Cap
$90.03B
Return on Invested Capital (ROIC)
7.77%
TTM Avg
8.29%
3Y Avg
8.87%
5Y Avg
8.45%
Market Cap
$88.84B
Return on Invested Capital (ROIC)
8.68%
TTM Avg
7.82%
3Y Avg
7.36%
5Y Avg
6.62%
Market Cap
$82.74B
Return on Invested Capital (ROIC)
15.21%
TTM Avg
15.30%
3Y Avg
14.71%
5Y Avg
14.42%
Market Cap
$98.74B
Return on Invested Capital (ROIC)
12.23%
TTM Avg
10.17%
3Y Avg
-2.70%
5Y Avg
-0.68%
Market Cap
$78.14B
Return on Invested Capital (ROIC)
11.95%
TTM Avg
11.88%
3Y Avg
10.14%
5Y Avg
9.59%
Market Cap
$65.67B
Return on Invested Capital (ROIC)
-1.82%
TTM Avg
4.05%
3Y Avg
5.72%
5Y Avg
6.36%
Market Cap
$64.22B
Return on Invested Capital (ROIC)
6.85%
TTM Avg
10.48%
3Y Avg
13.43%
5Y Avg
16.51%
Market Cap
$63.49B
Return on Invested Capital (ROIC)
8.16%
TTM Avg
8.55%
3Y Avg
8.69%
5Y Avg
7.83%
Market Cap
$61.54B
Return on Invested Capital (ROIC)
13.70%
TTM Avg
10.16%
3Y Avg
7.31%
5Y Avg
7.33%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Freeport-McMoRan Inc. (FCX) | $90.03B | 7.77% | 8.29% | 8.87% | 8.45% |
| Johnson Controls International plc (JCI)vs › | $88.84B | 8.68% | 7.82% | 7.36% | 6.62% |
| The Sherwin-Williams Company (SHW)vs › | $82.74B | 15.21% | 15.30% | 14.71% | 14.42% |
| Newmont Corporation (NEM)vs › | $98.74B | 12.23% | 10.17% | -2.70% | -0.68% |
| Ecolab Inc. (ECL)vs › | $78.14B | 11.95% | 11.88% | 10.14% | 9.59% |
| Air Products and Chemicals, Inc. (APD)vs › | $65.67B | -1.82% | 4.05% | 5.72% | 6.36% |
| Vale S.A. (VALE)vs › | $64.22B | 6.85% | 10.48% | 13.43% | 16.51% |
| CRH plc (CRH)vs › | $63.49B | 8.16% | 8.55% | 8.69% | 7.83% |
| Barrick Mining Corporation (B)vs › | $61.54B | 13.70% | 10.16% | 7.31% | 7.33% |
| Nucor Corporation (NUE)vs › | $58.60B | 6.74% | 7.30% | 14.93% | 15.58% |
ROIC
7.8%
ROE
14.7%
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 | 7.77% |
| 2024-12-31 | 8.81% |
| 2023-12-31 | 7.97% |
| 2022-12-31 | 10.94% |
| 2021-12-31 | 12.86% |
| 2020-12-31 | 2.33% |
| 2019-12-31 | -1.07% |
| 2018-12-31 | 9.86% |
| 2017-12-31 | 7.00% |
| 2016-12-31 | 2.16% |
| 2015-12-31 | -0.08% |
| 2014-12-31 | 8.56% |
| 2013-12-31 | 7.06% |
| 2012-12-31 | 12.79% |
| 2011-12-31 | 21.64% |
| 2010-12-31 | 21.35% |
| 2009-12-31 | 13.68% |
| 2008-12-31 | 22.41% |
| 2007-12-31 | 11.07% |
| 2006-12-31 | 37.34% |
| 2005-12-31 | 27.04% |
| 2004-12-31 | 5.86% |
| 2003-12-31 | 8.18% |
| 2002-12-31 | 6.96% |
| 2001-12-31 | 6.22% |
| 2000-12-31 | 4.57% |
| 1999-12-31 | 6.51% |
| 1998-12-31 | 7.16% |
| 1997-12-31 | 9.09% |
| 1996-12-31 | 8.96% |
