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 27.73% is in line with its 5-year average of 25.86%, near the high end of its 5-year range (16.52%–30.41%).
As of the fiscal period ended Wednesday, December 31, 2025. 1.51% below its 12-month average of 28.16%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
27.73%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
28.16%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
29.01%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
25.86%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
22.19%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
21.00%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
17.51%
CURRENT VS TTM AVG
-1.51%
CURRENT VS 3Y AVG
-4.40%
CURRENT VS 5Y AVG
+7.22%
CURRENT VS 10Y AVG
+24.99%
CURRENT VS 15Y AVG
+32.08%
CURRENT VS 20Y AVG
+58.36%
SECTOR MEDIAN · INDUSTRIALS
9.21%
median of 131 covered companies
CURRENT VS SECTOR MEDIAN
+201.09%
vs the sector median at left
W.W. Grainger, Inc.
Market Cap
$60.32B
Return on Invested Capital (ROIC)
27.73%
TTM Avg
28.16%
3Y Avg
29.01%
5Y Avg
25.86%
Market Cap
$60.07B
Return on Invested Capital (ROIC)
8.30%
TTM Avg
8.46%
3Y Avg
7.73%
5Y Avg
2.74%
Market Cap
$59.64B
Return on Invested Capital (ROIC)
33.59%
TTM Avg
30.38%
3Y Avg
24.94%
5Y Avg
20.63%
Market Cap
$59.49B
Return on Invested Capital (ROIC)
28.17%
TTM Avg
27.85%
3Y Avg
28.02%
5Y Avg
26.95%
Market Cap
$58.14B
Return on Invested Capital (ROIC)
10.99%
TTM Avg
11.06%
3Y Avg
10.83%
5Y Avg
10.33%
Market Cap
$64.60B
Return on Invested Capital (ROIC)
1.89%
TTM Avg
1.48%
3Y Avg
-6.32%
5Y Avg
-6.80%
Market Cap
$66.01B
Return on Invested Capital (ROIC)
8.83%
TTM Avg
9.05%
3Y Avg
8.39%
5Y Avg
7.99%
Market Cap
$53.41B
Return on Invested Capital (ROIC)
22.52%
TTM Avg
22.52%
3Y Avg
22.52%
5Y Avg
22.52%
Market Cap
$53.38B
Return on Invested Capital (ROIC)
5.14%
TTM Avg
5.24%
3Y Avg
5.14%
5Y Avg
5.34%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| W.W. Grainger, Inc. (GWW) | $60.32B | 27.73% | 28.16% | 29.01% | 25.86% |
| Delta Air Lines, Inc. (DAL)vs › | $60.07B | 8.30% | 8.46% | 7.73% | 2.74% |
| Comfort Systems USA, Inc. (FIX)vs › | $59.64B | 33.59% | 30.38% | 24.94% | 20.63% |
| Fastenal Company (FAST)vs › | $59.49B | 28.17% | 27.85% | 28.02% | 26.95% |
| AMETEK, Inc. (AME)vs › | $58.14B | 10.99% | 11.06% | 10.83% | 10.33% |
| Bloom Energy Corporation (BE)vs › | $64.60B | 1.89% | 1.48% | -6.32% | -6.80% |
| Republic Services, Inc. (RSG)vs › | $66.01B | 8.83% | 9.05% | 8.39% | 7.99% |
| Honeywell Aerospace Inc (HONA)vs › | $53.41B | 22.52% | 22.52% | 22.52% | 22.52% |
| L3Harris Technologies, Inc. (LHX)vs › | $53.38B | 5.14% | 5.24% | 5.14% | 5.34% |
| Carrier Global Corporation (CARR)vs › | $52.77B | 5.41% | 4.52% | 5.71% | 7.16% |
ROIC
27.7%
ROE
19.4%
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 | 27.73% |
| 2024-12-31 | 28.58% |
| 2023-12-31 | 30.41% |
| 2022-12-31 | 29.31% |
| 2021-12-31 | 22.62% |
| 2020-12-31 | 16.52% |
| 2019-12-31 | 20.19% |
| 2018-12-31 | 19.58% |
| 2017-12-31 | 15.89% |
| 2016-12-31 | 15.55% |
| 2015-12-31 | 17.67% |
| 2014-12-31 | 19.99% |
| 2013-12-31 | 19.52% |
| 2012-12-31 | 17.54% |
| 2011-12-31 | 18.18% |
| 2010-12-31 | 16.65% |
| 2009-12-31 | 13.34% |
| 2008-12-31 | 17.22% |
| 2007-12-31 | 17.40% |
| 2006-12-31 | 15.68% |
| 2005-12-31 | 14.14% |
| 2004-12-31 | 13.14% |
| 2003-12-31 | 11.18% |
| 2002-12-31 | 12.51% |
| 2001-12-31 | 11.08% |
| 2000-12-31 | 10.21% |
| 1999-12-31 | 9.35% |
| 1998-12-31 | 15.66% |
| 1997-12-31 | 15.69% |
| 1996-12-31 | 12.42% |
