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 17.44% is in line with its 5-year average of 16.22%, near the high end of its 5-year range (11.42%–17.97%).
As of the fiscal period ended Wednesday, December 31, 2025. 1.36% below its 12-month average of 17.68%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
17.44%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
17.68%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
17.24%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
16.22%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
17.00%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
17.38%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
17.05%
CURRENT VS TTM AVG
-1.36%
CURRENT VS 3Y AVG
+1.15%
CURRENT VS 5Y AVG
+7.51%
CURRENT VS 10Y AVG
+2.60%
CURRENT VS 15Y AVG
+0.36%
CURRENT VS 20Y AVG
+2.32%
SECTOR MEDIAN · CONSUMER CYCLICAL
9.87%
median of 87 covered companies
CURRENT VS SECTOR MEDIAN
+76.70%
vs the sector median at left
McDonald's Corporation
Market Cap
$192.29B
Return on Invested Capital (ROIC)
17.44%
TTM Avg
17.68%
3Y Avg
17.24%
5Y Avg
16.22%
Market Cap
$173.81B
Return on Invested Capital (ROIC)
21.50%
TTM Avg
21.31%
3Y Avg
20.40%
5Y Avg
17.05%
Market Cap
$149.47B
Return on Invested Capital (ROIC)
50.82%
TTM Avg
47.48%
3Y Avg
38.26%
5Y Avg
27.16%
Market Cap
$126.06B
Return on Invested Capital (ROIC)
18.11%
TTM Avg
23.23%
3Y Avg
22.73%
5Y Avg
14.17%
Market Cap
$119.98B
Return on Invested Capital (ROIC)
8.48%
TTM Avg
12.44%
3Y Avg
15.12%
5Y Avg
13.40%
Market Cap
$116.57B
Return on Invested Capital (ROIC)
20.42%
TTM Avg
23.48%
3Y Avg
27.58%
5Y Avg
28.23%
Market Cap
$108.29B
Return on Invested Capital (ROIC)
3.76%
TTM Avg
8.93%
3Y Avg
-227.41%
5Y Avg
-149.95%
Market Cap
$98.31B
Return on Invested Capital (ROIC)
15.59%
TTM Avg
15.33%
3Y Avg
16.05%
5Y Avg
12.10%
Market Cap
$95.21B
Return on Invested Capital (ROIC)
11.78%
TTM Avg
14.75%
3Y Avg
13.57%
5Y Avg
9.51%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| McDonald's Corporation (MCD) | $192.29B | 17.44% | 17.68% | 17.24% | 16.22% |
| The TJX Companies, Inc. (TJX)vs › | $173.81B | 21.50% | 21.31% | 20.40% | 17.05% |
| Booking Holdings Inc. (BKNG)vs › | $149.47B | 50.82% | 47.48% | 38.26% | 27.16% |
| PDD Holdings Inc. (PDD)vs › | $126.06B | 18.11% | 23.23% | 22.73% | 14.17% |
| Starbucks Corporation (SBUX)vs › | $119.98B | 8.48% | 12.44% | 15.12% | 13.40% |
| Lowe's Companies, Inc. (LOW)vs › | $116.57B | 20.42% | 23.48% | 27.58% | 28.23% |
| BYD Company Limited (BYDDY)vs › | $108.29B | 3.76% | 8.93% | -227.41% | -149.95% |
| Marriott International, Inc. (MAR)vs › | $98.31B | 15.59% | 15.33% | 16.05% | 12.10% |
| MercadoLibre, Inc. (MELI)vs › | $95.21B | 11.78% | 14.75% | 13.57% | 9.51% |
| Alibaba Group Holding Limited (BABA)vs › | $293.02B | 3.17% | 5.52% | 5.79% | 5.34% |
ROIC
17.4%
ROE
-478.1%
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 | 17.44% |
| 2024-12-31 | 17.92% |
| 2023-12-31 | 17.97% |
| 2022-12-31 | 15.64% |
| 2021-12-31 | 16.94% |
| 2020-12-31 | 11.42% |
| 2019-12-31 | 15.29% |
| 2018-12-31 | 22.41% |
| 2017-12-31 | 18.71% |
| 2016-12-31 | 19.13% |
| 2015-12-31 | 14.11% |
| 2014-12-31 | 16.30% |
| 2013-12-31 | 17.84% |
| 2012-12-31 | 18.20% |
| 2011-12-31 | 19.63% |
| 2010-12-31 | 18.17% |
| 2009-12-31 | 17.61% |
| 2008-12-31 | 17.39% |
| 2007-12-31 | 9.43% |
| 2006-12-31 | 11.74% |
| 2005-12-31 | 10.36% |
| 2004-12-31 | 10.00% |
| 2003-12-31 | 7.75% |
| 2002-12-31 | 5.78% |
| 2001-12-31 | 9.18% |
| 2000-12-31 | 10.77% |
| 1999-12-31 | 11.23% |
| 1998-12-31 | 11.20% |
| 1997-12-31 | 10.89% |
| 1996-12-31 | 11.33% |
