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 4.12% is in line with its 5-year average of 4.42%, near the low end of its 5-year range (4.08%–4.77%).
As of the fiscal period ended Wednesday, December 31, 2025. 0.49% above its 12-month average of 4.10%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
4.12%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
4.10%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
4.40%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
4.42%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
4.34%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
4.36%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
4.37%
CURRENT VS TTM AVG
+0.49%
CURRENT VS 3Y AVG
-6.42%
CURRENT VS 5Y AVG
-6.79%
CURRENT VS 10Y AVG
-4.97%
CURRENT VS 15Y AVG
-5.50%
CURRENT VS 20Y AVG
-5.75%
SECTOR MEDIAN · UTILITIES
4.09%
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
+0.73%
vs the sector median at left
Alliant Energy Corporation
Market Cap
$18.28B
Return on Invested Capital (ROIC)
4.12%
TTM Avg
4.10%
3Y Avg
4.40%
5Y Avg
4.42%
Market Cap
$19.13B
Return on Invested Capital (ROIC)
4.25%
TTM Avg
4.38%
3Y Avg
4.33%
5Y Avg
4.25%
Market Cap
$21.30B
Return on Invested Capital (ROIC)
4.51%
TTM Avg
4.33%
3Y Avg
4.19%
5Y Avg
3.63%
Market Cap
$15.17B
Return on Invested Capital (ROIC)
0.16%
TTM Avg
1.41%
3Y Avg
1.25%
5Y Avg
0.09%
Market Cap
$22.57B
Return on Invested Capital (ROIC)
3.67%
TTM Avg
3.70%
3Y Avg
3.60%
5Y Avg
3.68%
Market Cap
$12.24B
Return on Invested Capital (ROIC)
3.18%
TTM Avg
3.33%
3Y Avg
3.18%
5Y Avg
3.28%
Market Cap
$10.47B
Return on Invested Capital (ROIC)
4.24%
TTM Avg
4.35%
3Y Avg
0.13%
5Y Avg
1.91%
Market Cap
$26.49B
Return on Invested Capital (ROIC)
4.06%
TTM Avg
3.82%
3Y Avg
3.55%
5Y Avg
2.90%
Market Cap
$10.05B
Return on Invested Capital (ROIC)
1.03%
TTM Avg
0.55%
3Y Avg
1.20%
5Y Avg
0.71%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Alliant Energy Corporation (LNT) | $18.28B | 4.12% | 4.10% | 4.40% | 4.42% |
| Evergy, Inc. (EVRG)vs › | $19.13B | 4.25% | 4.38% | 4.33% | 4.25% |
| NiSource Inc (NI)vs › | $21.30B | 4.51% | 4.33% | 4.19% | 3.63% |
| Talen Energy Corporation (TLN)vs › | $15.17B | 0.16% | 1.41% | 1.25% | 0.09% |
| CMS Energy Corporation (CMS)vs › | $22.57B | 3.67% | 3.70% | 3.60% | 3.68% |
| Pinnacle West Capital Corporation (PNW)vs › | $12.24B | 3.18% | 3.33% | 3.18% | 3.28% |
| The AES Corporation (AES)vs › | $10.47B | 4.24% | 4.35% | 0.13% | 1.91% |
| PPL Corporation (PPL)vs › | $26.49B | 4.06% | 3.82% | 3.55% | 2.90% |
| Brookfield Renewable Partners L.P. (BEP)vs › | $10.05B | 1.03% | 0.55% | 1.20% | 0.71% |
| American Water Works Company, Inc. (AWK)vs › | $26.66B | 4.21% | 4.23% | 4.13% | 4.06% |
ROIC
4.1%
ROE
11.1%
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 | 4.12% |
| 2024-12-31 | 4.08% |
| 2023-12-31 | 4.64% |
| 2022-12-31 | 4.77% |
| 2021-12-31 | 4.51% |
| 2020-12-31 | 4.40% |
| 2019-12-31 | 4.43% |
| 2018-12-31 | 4.39% |
| 2017-12-31 | 4.29% |
| 2016-12-31 | 3.85% |
| 2015-12-31 | 4.21% |
| 2014-12-31 | 4.38% |
| 2013-12-31 | 4.54% |
| 2012-12-31 | 4.12% |
| 2011-12-31 | 4.57% |
| 2010-12-31 | 4.46% |
| 2009-12-31 | 4.81% |
| 2008-12-31 | 4.50% |
| 2007-12-31 | 7.32% |
| 2006-12-31 | 3.99% |
| 2005-12-31 | 2.14% |
| 2004-12-31 | 4.17% |
| 2003-12-31 | 3.68% |
| 2002-12-31 | 3.05% |
| 2001-12-31 | 4.20% |
| 2000-12-31 | 3.23% |
| 1999-12-31 | 4.10% |
| 1998-12-31 | 3.88% |
| 1997-12-31 | 1.82% |
| 1996-12-31 | 8.22% |
