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 6.30% is 354% above its 4-year average of -2.48%, near the high end of its 4-year range (-15.37%–6.30%).
As of the fiscal period ended Wednesday, December 31, 2025. 45.50% above its 12-month average of 4.33%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
6.30%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
4.33%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-3.10%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
+45.50%
CURRENT VS 3Y AVG
+302.90%
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · UTILITIES
4.04%
median of 44 covered companies
CURRENT VS SECTOR MEDIAN
+56.13%
vs the sector median at left
GE Vernova Inc.
Market Cap
$264.21B
Return on Invested Capital (ROIC)
6.30%
TTM Avg
4.33%
3Y Avg
-3.10%
5Y Avg
N/A
Market Cap
$177.95B
Return on Invested Capital (ROIC)
4.23%
TTM Avg
4.13%
3Y Avg
4.04%
5Y Avg
3.74%
Market Cap
$107.46B
Return on Invested Capital (ROIC)
4.36%
TTM Avg
4.30%
3Y Avg
4.00%
5Y Avg
3.75%
Market Cap
$97.67B
Return on Invested Capital (ROIC)
4.13%
TTM Avg
4.07%
3Y Avg
3.83%
5Y Avg
3.58%
Market Cap
$96.00B
Return on Invested Capital (ROIC)
4.00%
TTM Avg
5.83%
3Y Avg
3.57%
5Y Avg
2.53%
Market Cap
$68.69B
Return on Invested Capital (ROIC)
4.71%
TTM Avg
4.83%
3Y Avg
4.51%
5Y Avg
4.30%
Market Cap
$59.53B
Return on Invested Capital (ROIC)
3.41%
TTM Avg
3.13%
3Y Avg
2.58%
5Y Avg
2.44%
Market Cap
$55.84B
Return on Invested Capital (ROIC)
2.56%
TTM Avg
2.75%
3Y Avg
3.19%
5Y Avg
3.51%
Market Cap
$50.45B
Return on Invested Capital (ROIC)
3.55%
TTM Avg
3.37%
3Y Avg
3.76%
5Y Avg
3.53%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| GE Vernova Inc. (GEV) | $264.21B | 6.30% | 4.33% | -3.10% | N/A |
| NextEra Energy, Inc. (NEE)vs › | $177.95B | 4.23% | 4.13% | 4.04% | 3.74% |
| The Southern Company (SO)vs › | $107.46B | 4.36% | 4.30% | 4.00% | 3.75% |
| Duke Energy Corporation (DUK)vs › | $97.67B | 4.13% | 4.07% | 3.83% | 3.58% |
| Constellation Energy Corporation (CEG)vs › | $96.00B | 4.00% | 5.83% | 3.57% | 2.53% |
| American Electric Power Company, Inc. (AEP)vs › | $68.69B | 4.71% | 4.83% | 4.51% | 4.30% |
| Dominion Energy, Inc. (D)vs › | $59.53B | 3.41% | 3.13% | 2.58% | 2.44% |
| Sempra (SRE)vs › | $55.84B | 2.56% | 2.75% | 3.19% | 3.51% |
| Entergy Corporation (ETR)vs › | $50.45B | 3.55% | 3.37% | 3.76% | 3.53% |
| Xcel Energy Inc. (XEL)vs › | $48.75B | 3.77% | 3.71% | 3.95% | 3.99% |
ROIC
6.3%
ROE
79.7%
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 | 6.30% |
| 2024-12-31 | 2.36% |
| 2023-12-31 | -5.71% |
| 2022-12-31 | -15.37% |
| 2021-12-31 | 0.00% |