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 5.76% is 11% above its 5-year average of 5.20%, near the high end of its 5-year range (4.57%–5.81%).
As of the fiscal period ended Wednesday, December 31, 2025. 3.41% above its 12-month average of 5.57%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
5.76%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
5.57%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
5.17%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
5.20%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
6.78%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
6.19%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
4.00%
CURRENT VS TTM AVG
+3.41%
CURRENT VS 3Y AVG
+11.36%
CURRENT VS 5Y AVG
+10.84%
CURRENT VS 10Y AVG
-15.08%
CURRENT VS 15Y AVG
-6.93%
CURRENT VS 20Y AVG
+43.97%
SECTOR MEDIAN · REAL ESTATE
5.73%
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
+0.44%
vs the sector median at left
First Industrial Realty Trust, Inc.
Market Cap
$8.56B
Return on Invested Capital (ROIC)
5.76%
TTM Avg
5.57%
3Y Avg
5.17%
5Y Avg
5.20%
Market Cap
$8.65B
Return on Invested Capital (ROIC)
-5.13%
TTM Avg
-0.89%
3Y Avg
0.68%
5Y Avg
1.87%
Market Cap
$8.98B
Return on Invested Capital (ROIC)
6.39%
TTM Avg
6.40%
3Y Avg
6.33%
5Y Avg
6.08%
Market Cap
$9.15B
Return on Invested Capital (ROIC)
3.88%
TTM Avg
3.53%
3Y Avg
3.40%
5Y Avg
3.43%
Market Cap
$9.42B
Return on Invested Capital (ROIC)
7.28%
TTM Avg
7.72%
3Y Avg
7.50%
5Y Avg
7.42%
Market Cap
$7.54B
Return on Invested Capital (ROIC)
3.80%
TTM Avg
3.55%
3Y Avg
3.65%
5Y Avg
3.99%
Market Cap
$10.62B
Return on Invested Capital (ROIC)
5.84%
TTM Avg
5.92%
3Y Avg
6.12%
5Y Avg
5.87%
Market Cap
$11.16B
Return on Invested Capital (ROIC)
5.75%
TTM Avg
3.53%
3Y Avg
3.47%
5Y Avg
3.42%
Market Cap
$11.23B
Return on Invested Capital (ROIC)
5.96%
TTM Avg
7.00%
3Y Avg
6.05%
5Y Avg
5.75%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| First Industrial Realty Trust, Inc. (FR) | $8.56B | 5.76% | 5.57% | 5.17% | 5.20% |
| Alexandria Real Estate Equities, Inc. (ARE)vs › | $8.65B | -5.13% | -0.89% | 0.68% | 1.87% |
| NNN REIT, Inc. (NNN)vs › | $8.98B | 6.39% | 6.40% | 6.33% | 6.08% |
| Agree Realty Corporation (ADC)vs › | $9.15B | 3.88% | 3.53% | 3.40% | 3.43% |
| CubeSmart (CUBE)vs › | $9.42B | 7.28% | 7.72% | 7.50% | 7.42% |
| Terreno Realty Corporation (TRNO)vs › | $7.54B | 3.80% | 3.55% | 3.65% | 3.99% |
| Federal Realty Investment Trust (FRT)vs › | $10.62B | 5.84% | 5.92% | 6.12% | 5.87% |
| Camden Property Trust (CPT)vs › | $11.16B | 5.75% | 3.53% | 3.47% | 3.42% |
| BXP, Inc. (BXP)vs › | $11.23B | 5.96% | 7.00% | 6.05% | 5.75% |
| CoStar Group, Inc. (CSGP)vs › | $12.13B | -0.18% | -0.21% | 4.37% | 6.09% |
ROIC
5.8%
ROE
13.1%
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 | 5.63% |
| 2024-12-31 | 5.51% |
| 2023-12-31 | 4.98% |
| 2022-12-31 | 4.57% |
| 2021-12-31 | 4.68% |
| 2020-12-31 | 5.81% |
| 2019-12-31 | 7.01% |
| 2018-12-31 | 8.93% |
| 2017-12-31 | 9.37% |
| 2016-12-31 | 9.17% |
| 2015-12-31 | 8.95% |
| 2014-12-31 | 8.62% |
| 2013-12-31 | 7.94% |
| 2012-12-31 | 3.02% |
| 2011-12-31 | 2.68% |
| 2010-12-31 | 2.15% |
| 2009-12-31 | -2.41% |
| 2008-12-31 | -3.25% |
| 2007-12-31 | -3.49% |
| 2006-12-31 | -3.32% |
| 2005-12-31 | -2.53% |
| 2004-12-31 | -0.89% |
| 2003-12-31 | 5.84% |
| 2002-12-31 | 9.40% |
| 2001-12-31 | 3.34% |
| 2000-12-31 | 14.40% |
| 1999-12-31 | 4.73% |
| 1998-12-31 | 4.25% |
| 1997-12-31 | 22.68% |
| 1996-12-31 | 40.93% |
