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 9.00% is 53% below its 5-year average of 19.07%, near the low end of its 5-year range (9.00%–23.72%).
As of the fiscal period ended Wednesday, December 31, 2025. 44.99% below its 12-month average of 16.36%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
9.00%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
16.36%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
18.98%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
19.07%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
18.95%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
20.44%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
19.20%
CURRENT VS TTM AVG
-44.99%
CURRENT VS 3Y AVG
-52.58%
CURRENT VS 5Y AVG
-52.79%
CURRENT VS 10Y AVG
-52.50%
CURRENT VS 15Y AVG
-55.98%
CURRENT VS 20Y AVG
-53.13%
SECTOR MEDIAN · CONSUMER DEFENSIVE
9.04%
median of 48 covered companies
CURRENT VS SECTOR MEDIAN
-0.50%
vs the sector median at left
The Hershey Company
Market Cap
$36.42B
Return on Invested Capital (ROIC)
9.00%
TTM Avg
16.36%
3Y Avg
18.98%
5Y Avg
19.07%
Market Cap
$37.30B
Return on Invested Capital (ROIC)
17.41%
TTM Avg
21.58%
3Y Avg
19.60%
5Y Avg
19.53%
Market Cap
$37.39B
Return on Invested Capital (ROIC)
3.51%
TTM Avg
4.01%
3Y Avg
6.61%
5Y Avg
6.37%
Market Cap
$37.77B
Return on Invested Capital (ROIC)
8.80%
TTM Avg
7.53%
3Y Avg
8.07%
5Y Avg
6.17%
Market Cap
$34.72B
Return on Invested Capital (ROIC)
4.70%
TTM Avg
6.45%
3Y Avg
6.53%
5Y Avg
7.44%
Market Cap
$40.27B
Return on Invested Capital (ROIC)
12.42%
TTM Avg
12.72%
3Y Avg
14.19%
5Y Avg
13.10%
Market Cap
$31.45B
Return on Invested Capital (ROIC)
6.44%
TTM Avg
4.75%
3Y Avg
7.84%
5Y Avg
7.91%
Market Cap
$41.84B
Return on Invested Capital (ROIC)
5.62%
TTM Avg
5.39%
3Y Avg
5.34%
5Y Avg
5.09%
Market Cap
$30.51B
Return on Invested Capital (ROIC)
-6.23%
TTM Avg
-2.08%
3Y Avg
0.92%
5Y Avg
1.22%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| The Hershey Company (HSY) | $36.42B | 9.00% | 16.36% | 18.98% | 19.07% |
| Kimberly-Clark Corporation (KMB)vs › | $37.30B | 17.41% | 21.58% | 19.60% | 19.53% |
| Archer-Daniels-Midland Company (ADM)vs › | $37.39B | 3.51% | 4.01% | 6.61% | 6.37% |
| Kenvue Inc. (KVUE)vs › | $37.77B | 8.80% | 7.53% | 8.07% | 6.17% |
| The Kroger Co. (KR)vs › | $34.72B | 4.70% | 6.45% | 6.53% | 7.44% |
| Sysco Corporation (SYY)vs › | $40.27B | 12.42% | 12.72% | 14.19% | 13.10% |
| The Estée Lauder Companies Inc. (EL)vs › | $31.45B | 6.44% | 4.75% | 7.84% | 7.91% |
| Keurig Dr Pepper Inc. (KDP)vs › | $41.84B | 5.62% | 5.39% | 5.34% | 5.09% |
| The Kraft Heinz Company (KHC)vs › | $30.51B | -6.23% | -2.08% | 0.92% | 1.22% |
| Kellanova (K)vs › | $29.03B | 12.91% | 11.40% | 9.39% | 9.27% |
ROIC
9.0%
ROE
32.6%
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 | 9.00% |
| 2024-12-31 | 23.72% |
| 2023-12-31 | 22.05% |
| 2022-12-31 | 21.15% |
| 2021-12-31 | 18.95% |
| 2020-12-31 | 19.52% |
| 2019-12-31 | 19.22% |
| 2018-12-31 | 20.78% |
| 2017-12-31 | 20.63% |
| 2016-12-31 | 18.59% |
| 2015-12-31 | 14.79% |
| 2014-12-31 | 21.50% |
| 2013-12-31 | 21.64% |
| 2012-12-31 | 20.56% |
| 2011-12-31 | 20.40% |
| 2010-12-31 | 17.51% |
| 2009-12-31 | 17.65% |
| 2008-12-31 | 13.03% |
| 2007-12-31 | 8.29% |
| 2006-12-31 | 17.84% |
| 2005-12-31 | 15.28% |
| 2004-12-31 | 20.35% |
| 2003-12-31 | 16.79% |
| 2002-12-31 | 14.92% |
| 2001-12-31 | 14.15% |
| 2000-12-31 | 12.97% |
| 1999-12-31 | 12.41% |
| 1998-12-31 | 13.40% |
| 1997-12-31 | 13.90% |
| 1996-12-31 | 11.95% |