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 33.59% is 63% above its 5-year average of 20.63%, near the high end of its 5-year range (10.18%–33.59%).
As of the fiscal period ended Wednesday, December 31, 2025. 10.58% above its 12-month average of 30.38%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
33.59%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
30.38%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
24.94%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
20.63%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
18.04%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
12.79%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
12.15%
CURRENT VS TTM AVG
+10.58%
CURRENT VS 3Y AVG
+34.67%
CURRENT VS 5Y AVG
+62.83%
CURRENT VS 10Y AVG
+86.17%
CURRENT VS 15Y AVG
+162.71%
CURRENT VS 20Y AVG
+176.46%
SECTOR MEDIAN · INDUSTRIALS
9.03%
median of 133 covered companies
CURRENT VS SECTOR MEDIAN
+271.98%
vs the sector median at left
Comfort Systems USA, Inc.
Market Cap
$61.01B
Return on Invested Capital (ROIC)
33.59%
TTM Avg
30.38%
3Y Avg
24.94%
5Y Avg
20.63%
Market Cap
$64.68B
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$57.21B
Return on Invested Capital (ROIC)
5.41%
TTM Avg
4.52%
3Y Avg
5.71%
5Y Avg
7.16%
Market Cap
$65.28B
Return on Invested Capital (ROIC)
27.73%
TTM Avg
28.16%
3Y Avg
29.01%
5Y Avg
25.86%
Market Cap
$55.94B
Return on Invested Capital (ROIC)
8.30%
TTM Avg
8.46%
3Y Avg
7.73%
5Y Avg
2.74%
Market Cap
$55.93B
Return on Invested Capital (ROIC)
5.14%
TTM Avg
5.24%
3Y Avg
5.14%
5Y Avg
5.34%
Market Cap
$55.46B
Return on Invested Capital (ROIC)
10.99%
TTM Avg
11.06%
3Y Avg
10.83%
5Y Avg
10.33%
Market Cap
$66.74B
Return on Invested Capital (ROIC)
8.83%
TTM Avg
9.05%
3Y Avg
8.39%
5Y Avg
7.99%
Market Cap
$53.96B
Return on Invested Capital (ROIC)
28.17%
TTM Avg
27.85%
3Y Avg
28.02%
5Y Avg
26.95%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Comfort Systems USA, Inc. (FIX) | $61.01B | 33.59% | 30.38% | 24.94% | 20.63% |
| Honeywell Aerospace Inc (HONA)vs › | $64.68B | N/A | N/A | N/A | N/A |
| Carrier Global Corporation (CARR)vs › | $57.21B | 5.41% | 4.52% | 5.71% | 7.16% |
| W.W. Grainger, Inc. (GWW)vs › | $65.28B | 27.73% | 28.16% | 29.01% | 25.86% |
| Delta Air Lines, Inc. (DAL)vs › | $55.94B | 8.30% | 8.46% | 7.73% | 2.74% |
| L3Harris Technologies, Inc. (LHX)vs › | $55.93B | 5.14% | 5.24% | 5.14% | 5.34% |
| AMETEK, Inc. (AME)vs › | $55.46B | 10.99% | 11.06% | 10.83% | 10.33% |
| Republic Services, Inc. (RSG)vs › | $66.74B | 8.83% | 9.05% | 8.39% | 7.99% |
| Fastenal Company (FAST)vs › | $53.96B | 28.17% | 27.85% | 28.02% | 26.95% |
| TransDigm Group Incorporated (TDG)vs › | $69.17B | 15.22% | 14.50% | 12.67% | 11.39% |
ROIC
33.6%
ROE
44.6%
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 | 33.59% |
| 2024-12-31 | 27.16% |
| 2023-12-31 | 21.60% |
| 2022-12-31 | 17.42% |
| 2021-12-31 | 10.18% |
| 2020-12-31 | 13.82% |
| 2019-12-31 | 13.23% |
| 2018-12-31 | 19.05% |
| 2017-12-31 | 10.70% |
| 2016-12-31 | 16.64% |
| 2015-12-31 | 15.08% |
| 2014-12-31 | 8.04% |
| 2013-12-31 | 8.47% |
| 2012-12-31 | 3.81% |
| 2011-12-31 | 1.93% |
| 2010-12-31 | 4.66% |
| 2009-12-31 | 10.69% |
| 2008-12-31 | 16.25% |
| 2007-12-31 | 11.59% |
| 2006-12-31 | 11.31% |
| 2005-12-31 | 16.38% |
| 2004-12-31 | 5.69% |
| 2003-12-31 | 0.96% |
| 2002-12-31 | 2.76% |
| 2001-12-31 | -0.89% |
| 2000-12-31 | -2.87% |
| 1999-12-31 | 7.24% |
| 1998-12-31 | 6.29% |
| 1997-12-31 | -1.06% |