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 48.91% is 22% above its 5-year average of 40.05%, near the high end of its 5-year range (29.82%–48.91%).
As of the fiscal period ended Wednesday, December 31, 2025. 4.82% above its 12-month average of 46.66%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
48.91%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
46.66%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
44.23%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
40.05%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
39.71%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
38.47%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
35.81%
CURRENT VS TTM AVG
+4.82%
CURRENT VS 3Y AVG
+10.59%
CURRENT VS 5Y AVG
+22.11%
CURRENT VS 10Y AVG
+23.18%
CURRENT VS 15Y AVG
+27.12%
CURRENT VS 20Y AVG
+36.59%
SECTOR MEDIAN · FINANCIAL SERVICES
5.98%
median of 95 covered companies
CURRENT VS SECTOR MEDIAN
+717.89%
vs the sector median at left
Mastercard Incorporated
Market Cap
$502.63B
Return on Invested Capital (ROIC)
48.91%
TTM Avg
46.66%
3Y Avg
44.23%
5Y Avg
40.05%
Market Cap
$509.74B
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$439.63B
Return on Invested Capital (ROIC)
3.39%
TTM Avg
2.82%
3Y Avg
2.82%
5Y Avg
2.93%
Market Cap
$630.28B
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$332.03B
Return on Invested Capital (ROIC)
1.69%
TTM Avg
2.08%
3Y Avg
2.05%
5Y Avg
2.29%
Market Cap
$683.58B
Return on Invested Capital (ROIC)
28.36%
TTM Avg
28.50%
3Y Avg
26.44%
5Y Avg
23.25%
Market Cap
$300.43B
Return on Invested Capital (ROIC)
1.92%
TTM Avg
1.77%
3Y Avg
1.58%
5Y Avg
1.82%
Market Cap
$264.55B
Return on Invested Capital (ROIC)
3.16%
TTM Avg
3.37%
3Y Avg
3.29%
5Y Avg
3.29%
Market Cap
$227.12B
Return on Invested Capital (ROIC)
0.95%
TTM Avg
1.21%
3Y Avg
1.34%
5Y Avg
1.63%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Mastercard Incorporated (MA) | $502.63B | 48.91% | 46.66% | 44.23% | 40.05% |
| Invesco QQQ Trust, Series 1 (QQQ)vs › | $509.74B | N/A | N/A | N/A | N/A |
| Bank of America Corporation (BAC)vs › | $439.63B | 3.39% | 2.82% | 2.82% | 2.93% |
| Vanguard Morningstar Total Stock Market ETF (VTI)vs › | $630.28B | N/A | N/A | N/A | N/A |
| Morgan Stanley (MS)vs › | $332.03B | 1.69% | 2.08% | 2.05% | 2.29% |
| Visa Inc. (V)vs › | $683.58B | 28.36% | 28.50% | 26.44% | 23.25% |
| The Goldman Sachs Group, Inc. (GS)vs › | $300.43B | 1.92% | 1.77% | 1.58% | 1.82% |
| Wells Fargo & Company (WFC)vs › | $264.55B | 3.16% | 3.37% | 3.29% | 3.29% |
| Citigroup Inc. (C)vs › | $227.12B | 0.95% | 1.21% | 1.34% | 1.63% |
| American Express Company (AXP)vs › | $227.07B | 8.29% | 8.50% | 7.85% | 7.26% |
ROIC
48.9%
ROE
289.7%
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 | 48.91% |
| 2024-12-31 | 44.41% |
| 2023-12-31 | 41.78% |
| 2022-12-31 | 41.81% |
| 2021-12-31 | 33.59% |
| 2020-12-31 | 29.82% |
| 2019-12-31 | 46.52% |
| 2018-12-31 | 43.02% |
| 2017-12-31 | 31.71% |
| 2016-12-31 | 36.11% |
| 2015-12-31 | 39.08% |
| 2014-12-31 | 39.93% |
| 2013-12-31 | 37.82% |
| 2012-12-31 | 39.64% |
| 2011-12-31 | 29.06% |
| 2010-12-31 | 32.38% |
| 2009-12-31 | 34.64% |
| 2008-12-31 | -9.74% |
| 2007-12-31 | 18.10% |
| 2006-12-31 | 1.20% |
| 2005-12-31 | 12.01% |
| 2004-12-31 | 12.99% |
| 2003-12-31 | -22.46% |
| 2002-12-31 | 7.84% |
| 2001-12-31 | 15.98% |
| 2000-12-31 | 0.00% |
| 1998-12-31 | 0.00% |
