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 7.54% is 70% above its 5-year average of 4.43%, near the high end of its 5-year range (1.53%–7.54%).
As of the fiscal period ended Wednesday, December 31, 2025. 35.86% above its 12-month average of 5.55%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
7.54%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
5.55%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
4.62%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
4.43%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
3.95%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
4.70%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
5.05%
CURRENT VS TTM AVG
+35.86%
CURRENT VS 3Y AVG
+63.29%
CURRENT VS 5Y AVG
+70.01%
CURRENT VS 10Y AVG
+90.93%
CURRENT VS 15Y AVG
+60.29%
CURRENT VS 20Y AVG
+49.22%
SECTOR MEDIAN · TECHNOLOGY
8.67%
median of 167 covered companies
CURRENT VS SECTOR MEDIAN
-13.03%
vs the sector median at left
Corning Inc
Market Cap
$137.13B
Return on Invested Capital (ROIC)
7.54%
TTM Avg
5.55%
3Y Avg
4.62%
5Y Avg
4.43%
Market Cap
$131.84B
Return on Invested Capital (ROIC)
8.98%
TTM Avg
9.10%
3Y Avg
7.41%
5Y Avg
6.12%
Market Cap
$150.95B
Return on Invested Capital (ROIC)
39.70%
TTM Avg
39.70%
3Y Avg
19.73%
5Y Avg
12.92%
Market Cap
$118.78B
Return on Invested Capital (ROIC)
N/A
TTM Avg
27.98%
3Y Avg
29.21%
5Y Avg
26.02%
Market Cap
$115.86B
Return on Invested Capital (ROIC)
-30.15%
TTM Avg
-27.70%
3Y Avg
-22.31%
5Y Avg
-18.89%
Market Cap
$159.88B
Return on Invested Capital (ROIC)
11.21%
TTM Avg
9.00%
3Y Avg
3.46%
5Y Avg
-1.70%
Market Cap
$161.74B
Return on Invested Capital (ROIC)
8.76%
TTM Avg
8.36%
3Y Avg
5.69%
5Y Avg
4.06%
Market Cap
$110.06B
Return on Invested Capital (ROIC)
16.99%
TTM Avg
17.99%
3Y Avg
19.80%
5Y Avg
19.97%
Market Cap
$108.92B
Return on Invested Capital (ROIC)
-4.10%
TTM Avg
-5.08%
3Y Avg
-6.88%
5Y Avg
-6.94%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Corning Inc (GLW) | $137.13B | 7.54% | 5.55% | 4.62% | 4.43% |
| ServiceNow, Inc. (NOW)vs › | $131.84B | 8.98% | 9.10% | 7.41% | 6.12% |
| Western Digital Corporation (WDC)vs › | $150.95B | 39.70% | 39.70% | 19.73% | 12.92% |
| Fortinet, Inc. (FTNT)vs › | $118.78B | N/A | 27.98% | 29.21% | 26.02% |
| Snowflake Inc. (SNOW)vs › | $115.86B | -30.15% | -27.70% | -22.31% | -18.89% |
| Uber Technologies, Inc. (UBER)vs › | $159.88B | 11.21% | 9.00% | 3.46% | -1.70% |
| Salesforce, Inc. (CRM)vs › | $161.74B | 8.76% | 8.36% | 5.69% | 4.06% |
| Accenture plc (ACN)vs › | $110.06B | 16.99% | 17.99% | 19.80% | 19.97% |
| Cloudflare, Inc. (NET)vs › | $108.92B | -4.10% | -5.08% | -6.88% | -6.94% |
| Automatic Data Processing, Inc. (ADP)vs › | $108.36B | 23.85% | 24.26% | 32.39% | 31.71% |
ROIC
7.5%
ROE
15.1%
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 | 7.54% |
| 2024-12-31 | 3.56% |
| 2023-12-31 | 2.87% |
| 2022-12-31 | 4.50% |
| 2021-12-31 | 6.61% |
| 2020-12-31 | 1.53% |
| 2019-12-31 | 4.05% |
| 2018-12-31 | 4.62% |
| 2017-12-31 | -1.98% |
| 2016-12-31 | 5.61% |
| 2015-12-31 | 4.53% |
| 2014-12-31 | 4.82% |
| 2013-12-31 | 4.06% |
| 2012-12-31 | 3.55% |
| 2011-12-31 | 5.74% |
| 2010-12-31 | 6.97% |
| 2009-12-31 | 1.97% |
| 2008-12-31 | 8.80% |
| 2007-12-31 | 7.97% |
| 2006-12-31 | 7.41% |
| 2005-12-31 | 4.35% |
| 2004-12-31 | 4.70% |
| 2003-12-31 | -4.66% |
| 2002-12-31 | -19.80% |
| 2001-12-31 | -49.56% |
| 2000-12-31 | 1.59% |
| 1999-12-31 | 10.34% |
| 1998-12-31 | 12.16% |
| 1997-12-31 | 11.26% |
| 1996-12-31 | 9.65% |