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 6.13% is 11% above its 5-year average of 5.53%, near the high end of its 5-year range (4.72%–6.41%).
As of the fiscal period ended Friday, April 24, 2026. 0.41% above its 12-month average of 6.11%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
6.13%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
6.11%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
5.46%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
5.53%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
5.44%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
5.95%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
8.98%
CURRENT VS TTM AVG
+0.41%
CURRENT VS 3Y AVG
+12.27%
CURRENT VS 5Y AVG
+10.82%
CURRENT VS 10Y AVG
+12.66%
CURRENT VS 15Y AVG
+3.00%
CURRENT VS 20Y AVG
-31.77%
SECTOR MEDIAN · HEALTHCARE
8.53%
median of 79 covered companies
CURRENT VS SECTOR MEDIAN
-28.14%
vs the sector median at left
Medtronic plc
Market Cap
$106.51B
Return on Invested Capital (ROIC)
6.13%
TTM Avg
6.11%
3Y Avg
5.46%
5Y Avg
5.53%
Market Cap
$103.60B
Return on Invested Capital (ROIC)
16.61%
TTM Avg
12.56%
3Y Avg
12.53%
5Y Avg
10.40%
Market Cap
$98.45B
Return on Invested Capital (ROIC)
31.48%
TTM Avg
27.39%
3Y Avg
24.73%
5Y Avg
20.68%
Market Cap
$119.53B
Return on Invested Capital (ROIC)
13.71%
TTM Avg
12.85%
3Y Avg
12.25%
5Y Avg
11.92%
Market Cap
$121.16B
Return on Invested Capital (ROIC)
18.12%
TTM Avg
10.38%
3Y Avg
14.75%
5Y Avg
17.51%
Market Cap
$126.60B
Return on Invested Capital (ROIC)
8.53%
TTM Avg
10.14%
3Y Avg
10.34%
5Y Avg
10.08%
Market Cap
$126.79B
Return on Invested Capital (ROIC)
13.90%
TTM Avg
13.75%
3Y Avg
11.92%
5Y Avg
10.17%
Market Cap
$84.78B
Return on Invested Capital (ROIC)
18.53%
TTM Avg
17.61%
3Y Avg
17.07%
5Y Avg
16.89%
Market Cap
$81.91B
Return on Invested Capital (ROIC)
6.65%
TTM Avg
6.70%
3Y Avg
7.11%
5Y Avg
7.33%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Medtronic plc (MDT) | $106.51B | 6.13% | 6.11% | 5.46% | 5.53% |
| GSK plc (GSK)vs › | $103.60B | 16.61% | 12.56% | 12.53% | 10.40% |
| McKesson Corporation (MCK)vs › | $98.45B | 31.48% | 27.39% | 24.73% | 20.68% |
| Intuitive Surgical, Inc. (ISRG)vs › | $119.53B | 13.71% | 12.85% | 12.25% | 11.92% |
| Vertex Pharmaceuticals Incorporated (VRTX)vs › | $121.16B | 18.12% | 10.38% | 14.75% | 17.51% |
| Stryker Corporation (SYK)vs › | $126.60B | 8.53% | 10.14% | 10.34% | 10.08% |
| Bristol-Myers Squibb Company (BMY)vs › | $126.79B | 13.90% | 13.75% | 11.92% | 10.17% |
| HCA Healthcare, Inc. (HCA)vs › | $84.78B | 18.53% | 17.61% | 17.07% | 16.89% |
| Elevance Health Inc. (ELV)vs › | $81.91B | 6.65% | 6.70% | 7.11% | 7.33% |
| Danaher Corporation (DHR)vs › | $134.62B | 5.72% | 5.90% | 6.54% | 6.70% |
ROIC
6.1%
ROE
9.7%
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) |
|---|---|
| 2026-04-24 | 6.13% |
| 2025-04-25 | 6.08% |
| 2024-04-26 | 4.91% |
| 2023-04-28 | 4.72% |
| 2022-04-29 | 6.41% |
| 2021-04-30 | 4.94% |
| 2020-04-24 | 5.77% |
| 2019-04-30 | 6.83% |
| 2018-04-30 | 4.34% |
| 2017-04-30 | 5.05% |
| 2016-04-30 | 4.67% |
| 2015-04-30 | 2.89% |
| 2014-04-30 | 9.28% |
| 2013-04-30 | 11.30% |
| 2012-04-30 | 15.55% |
| 2011-04-30 | 13.37% |
| 2010-04-30 | 14.61% |
| 2009-04-30 | 13.64% |
| 2008-04-30 | 14.25% |
| 2007-04-30 | 17.07% |
| 2006-04-30 | 16.87% |
| 2005-04-30 | 17.81% |
| 2004-04-30 | 18.23% |
| 2003-04-30 | 16.78% |
| 2002-04-30 | 14.70% |
| 2001-04-30 | 21.77% |
| 2000-04-30 | 22.62% |
| 1999-04-30 | 18.48% |
| 1998-04-30 | 27.19% |
| 1997-04-30 | 30.10% |
