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 1.79% is 885% above its 5-year average of 0.18%, near the high end of its 5-year range (-9.98%–4.56%).
As of the fiscal period ended Wednesday, December 31, 2025. 25.17% above its 12-month average of 1.43%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
1.79%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
1.43%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
1.63%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
0.18%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
6.93%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
6.35%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
6.46%
CURRENT VS TTM AVG
+25.17%
CURRENT VS 3Y AVG
+9.98%
CURRENT VS 5Y AVG
+885.32%
CURRENT VS 10Y AVG
-74.15%
CURRENT VS 15Y AVG
-71.81%
CURRENT VS 20Y AVG
-72.28%
SECTOR MEDIAN · INDUSTRIALS
9.21%
median of 131 covered companies
CURRENT VS SECTOR MEDIAN
-80.56%
vs the sector median at left
Southwest Airlines Co.
Market Cap
$23.02B
Return on Invested Capital (ROIC)
1.79%
TTM Avg
1.43%
3Y Avg
1.63%
5Y Avg
0.18%
Market Cap
$23.37B
Return on Invested Capital (ROIC)
26.65%
TTM Avg
27.13%
3Y Avg
28.84%
5Y Avg
28.82%
Market Cap
$23.72B
Return on Invested Capital (ROIC)
7.68%
TTM Avg
8.00%
3Y Avg
6.70%
5Y Avg
5.29%
Market Cap
$23.97B
Return on Invested Capital (ROIC)
16.15%
TTM Avg
16.98%
3Y Avg
19.04%
5Y Avg
16.49%
Market Cap
$21.88B
Return on Invested Capital (ROIC)
7.44%
TTM Avg
6.47%
3Y Avg
3.90%
5Y Avg
3.56%
Market Cap
$21.54B
Return on Invested Capital (ROIC)
13.79%
TTM Avg
13.79%
3Y Avg
14.73%
5Y Avg
14.92%
Market Cap
$21.45B
Return on Invested Capital (ROIC)
7.69%
TTM Avg
7.52%
3Y Avg
7.25%
5Y Avg
7.45%
Market Cap
$25.22B
Return on Invested Capital (ROIC)
9.32%
TTM Avg
8.86%
3Y Avg
10.80%
5Y Avg
11.35%
Market Cap
$25.55B
Return on Invested Capital (ROIC)
12.41%
TTM Avg
11.32%
3Y Avg
10.24%
5Y Avg
9.32%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Southwest Airlines Co. (LUV) | $23.02B | 1.79% | 1.43% | 1.63% | 0.18% |
| Expeditors International of Washington, Inc. (EXPD)vs › | $23.37B | 26.65% | 27.13% | 28.84% | 28.82% |
| XPO Logistics, Inc. (XPO)vs › | $23.72B | 7.68% | 8.00% | 6.70% | 5.29% |
| Veralto Corporation (VLTO)vs › | $23.97B | 16.15% | 16.98% | 19.04% | 16.49% |
| MasTec, Inc. (MTZ)vs › | $21.88B | 7.44% | 6.47% | 3.90% | 3.56% |
| Snap-on Incorporated (SNA)vs › | $21.54B | 13.79% | 13.79% | 14.73% | 14.92% |
| Equifax Inc. (EFX)vs › | $21.45B | 7.69% | 7.52% | 7.25% | 7.45% |
| J.B. Hunt Transport Services, Inc. (JBHT)vs › | $25.22B | 9.32% | 8.86% | 10.80% | 11.35% |
| Curtiss-Wright Corporation (CW)vs › | $25.55B | 12.41% | 11.32% | 10.24% | 9.32% |
| Symbotic Inc. (SYM)vs › | $25.78B | -13.32% | -17.05% | -257.14% | -158.74% |
ROIC
1.8%
ROE
11.8%
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 | 1.79% |
| 2024-12-31 | 1.07% |
| 2023-12-31 | 0.67% |
| 2022-12-31 | 2.98% |
| 2021-12-31 | 4.56% |
| 2020-12-31 | -9.98% |
| 2019-12-31 | 12.70% |
| 2018-12-31 | 13.19% |
| 2017-12-31 | 18.36% |
| 2016-12-31 | 13.10% |
| 2015-12-31 | 17.74% |
| 2014-12-31 | 9.67% |
| 2013-12-31 | 5.57% |
| 2012-12-31 | 2.69% |
| 2011-12-31 | 2.69% |
| 2010-12-31 | 4.81% |
| 2009-12-31 | 1.34% |
| 2008-12-31 | 2.46% |
| 2007-12-31 | 4.03% |
| 2006-12-31 | 5.52% |
| 2005-12-31 | 4.19% |
| 2004-12-31 | 3.80% |
| 2003-12-31 | 2.79% |
| 2002-12-31 | 2.32% |
| 2001-12-31 | 5.36% |
| 2000-12-31 | 11.47% |
| 1999-12-31 | 10.21% |
| 1998-12-31 | 10.84% |
| 1997-12-31 | 9.21% |
| 1996-12-31 | 7.17% |
