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 5.27% is in line with its 5-year average of 5.39%, around the middle of its 5-year range (4.05%–6.42%).
As of the fiscal period ended Wednesday, December 31, 2025. 8.43% below its 12-month average of 5.75%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
5.27%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
5.75%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
5.99%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
5.39%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
4.57%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
4.28%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
4.53%
CURRENT VS TTM AVG
-8.43%
CURRENT VS 3Y AVG
-12.02%
CURRENT VS 5Y AVG
-2.26%
CURRENT VS 10Y AVG
+15.36%
CURRENT VS 15Y AVG
+23.11%
CURRENT VS 20Y AVG
+16.26%
SECTOR MEDIAN · REAL ESTATE
5.24%
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
+0.48%
vs the sector median at left
Mid-America Apartment Communities, Inc.
Market Cap
$15.71B
Return on Invested Capital (ROIC)
5.27%
TTM Avg
5.75%
3Y Avg
5.99%
5Y Avg
5.39%
Market Cap
$15.95B
Return on Invested Capital (ROIC)
8.22%
TTM Avg
7.12%
3Y Avg
7.20%
5Y Avg
2.86%
Market Cap
$16.50B
Return on Invested Capital (ROIC)
4.26%
TTM Avg
3.59%
3Y Avg
3.25%
5Y Avg
3.09%
Market Cap
$14.84B
Return on Invested Capital (ROIC)
4.45%
TTM Avg
4.73%
3Y Avg
4.22%
5Y Avg
4.51%
Market Cap
$14.76B
Return on Invested Capital (ROIC)
6.71%
TTM Avg
2.77%
3Y Avg
2.87%
5Y Avg
2.63%
Market Cap
$14.08B
Return on Invested Capital (ROIC)
5.71%
TTM Avg
6.36%
3Y Avg
7.09%
5Y Avg
7.11%
Market Cap
$18.04B
Return on Invested Capital (ROIC)
4.91%
TTM Avg
4.17%
3Y Avg
3.97%
5Y Avg
3.66%
Market Cap
$18.44B
Return on Invested Capital (ROIC)
4.03%
TTM Avg
3.85%
3Y Avg
8.21%
5Y Avg
10.56%
Market Cap
$18.51B
Return on Invested Capital (ROIC)
4.66%
TTM Avg
6.28%
3Y Avg
5.70%
5Y Avg
5.18%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Mid-America Apartment Communities, Inc. (MAA) | $15.71B | 5.27% | 5.75% | 5.99% | 5.39% |
| Host Hotels & Resorts, Inc. (HST)vs › | $15.95B | 8.22% | 7.12% | 7.20% | 2.86% |
| Kimco Realty Corporation (KIM)vs › | $16.50B | 4.26% | 3.59% | 3.25% | 3.09% |
| Sun Communities, Inc. (SUI)vs › | $14.84B | 4.45% | 4.73% | 4.22% | 4.51% |
| Healthpeak Properties, Inc. (DOC)vs › | $14.76B | 6.71% | 2.77% | 2.87% | 2.63% |
| Regency Centers Corporation (REG)vs › | $14.08B | 5.71% | 6.36% | 7.09% | 7.11% |
| Invitation Homes Inc. (INVH)vs › | $18.04B | 4.91% | 4.17% | 3.97% | 3.66% |
| Weyerhaeuser Company (WY)vs › | $18.44B | 4.03% | 3.85% | 8.21% | 10.56% |
| Essex Property Trust, Inc. (ESS)vs › | $18.51B | 4.66% | 6.28% | 5.70% | 5.18% |
| UDR, Inc. (UDR)vs › | $12.34B | 5.41% | 3.20% | 3.82% | 3.52% |
ROIC
5.3%
ROE
7.4%
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 | 5.56% |
| 2024-12-31 | 5.95% |
| 2023-12-31 | 6.42% |
| 2022-12-31 | 6.03% |
| 2021-12-31 | 4.34% |
| 2020-12-31 | 4.05% |
| 2019-12-31 | 4.07% |
| 2018-12-31 | 3.72% |
| 2017-12-31 | 3.25% |
| 2016-12-31 | 2.38% |
| 2015-12-31 | 4.48% |
| 2014-12-31 | 3.52% |
| 2013-12-31 | 1.81% |
| 2012-12-31 | 4.75% |
| 2011-12-31 | 3.84% |
| 2010-12-31 | 4.32% |
| 2009-12-31 | 5.14% |
| 2008-12-31 | 5.54% |
| 2007-12-31 | 5.55% |
| 2006-12-31 | 5.33% |
| 2005-12-31 | 5.14% |
| 2004-12-31 | 4.66% |
| 2003-12-31 | 4.87% |
| 2002-12-31 | 5.98% |
| 2001-12-31 | 6.28% |
| 2000-12-31 | 5.98% |
| 1999-12-31 | 6.21% |
| 1998-12-31 | 5.96% |
| 1997-12-31 | 4.77% |
| 1996-12-31 | 2.77% |
