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 4.23% is 13% above its 5-year average of 3.74%, around the middle of its 5-year range (2.04%–5.47%).
As of the fiscal period ended Wednesday, December 31, 2025. 2.30% above its 12-month average of 4.13%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
4.23%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
4.13%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
4.04%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
3.74%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
4.00%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
4.14%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
4.50%
CURRENT VS TTM AVG
+2.30%
CURRENT VS 3Y AVG
+4.57%
CURRENT VS 5Y AVG
+12.95%
CURRENT VS 10Y AVG
+5.82%
CURRENT VS 15Y AVG
+2.16%
CURRENT VS 20Y AVG
-5.91%
SECTOR MEDIAN · UTILITIES
4.06%
median of 41 covered companies
CURRENT VS SECTOR MEDIAN
+4.19%
vs the sector median at left
NextEra Energy, Inc.
Market Cap
$187.25B
Return on Invested Capital (ROIC)
4.23%
TTM Avg
4.13%
3Y Avg
4.04%
5Y Avg
3.74%
Market Cap
$109.63B
Return on Invested Capital (ROIC)
4.36%
TTM Avg
4.30%
3Y Avg
4.00%
5Y Avg
3.75%
Market Cap
$101.75B
Return on Invested Capital (ROIC)
4.13%
TTM Avg
4.07%
3Y Avg
3.83%
5Y Avg
3.58%
Market Cap
$98.52B
Return on Invested Capital (ROIC)
4.00%
TTM Avg
5.83%
3Y Avg
3.57%
5Y Avg
2.53%
Market Cap
$73.75B
Return on Invested Capital (ROIC)
4.71%
TTM Avg
4.83%
3Y Avg
4.51%
5Y Avg
4.30%
Market Cap
$62.52B
Return on Invested Capital (ROIC)
3.41%
TTM Avg
3.13%
3Y Avg
2.58%
5Y Avg
2.44%
Market Cap
$60.79B
Return on Invested Capital (ROIC)
2.56%
TTM Avg
2.75%
3Y Avg
3.19%
5Y Avg
3.51%
Market Cap
$55.09B
Return on Invested Capital (ROIC)
3.30%
TTM Avg
9.80%
3Y Avg
9.94%
5Y Avg
6.89%
Market Cap
$53.09B
Return on Invested Capital (ROIC)
3.55%
TTM Avg
3.37%
3Y Avg
3.76%
5Y Avg
3.53%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| NextEra Energy, Inc. (NEE) | $187.25B | 4.23% | 4.13% | 4.04% | 3.74% |
| The Southern Company (SO)vs › | $109.63B | 4.36% | 4.30% | 4.00% | 3.75% |
| Duke Energy Corporation (DUK)vs › | $101.75B | 4.13% | 4.07% | 3.83% | 3.58% |
| Constellation Energy Corporation (CEG)vs › | $98.52B | 4.00% | 5.83% | 3.57% | 2.53% |
| American Electric Power Company, Inc. (AEP)vs › | $73.75B | 4.71% | 4.83% | 4.51% | 4.30% |
| Dominion Energy, Inc. (D)vs › | $62.52B | 3.41% | 3.13% | 2.58% | 2.44% |
| Sempra (SRE)vs › | $60.79B | 2.56% | 2.75% | 3.19% | 3.51% |
| Vistra Corp. (VST)vs › | $55.09B | 3.30% | 9.80% | 9.94% | 6.89% |
| Entergy Corporation (ETR)vs › | $53.09B | 3.55% | 3.37% | 3.76% | 3.53% |
| Xcel Energy Inc. (XEL)vs › | $50.98B | 3.77% | 3.71% | 3.95% | 3.99% |
ROIC
4.2%
ROE
14.8%
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 | 4.23% |
| 2024-12-31 | 4.04% |
| 2023-12-31 | 5.47% |
| 2022-12-31 | 2.44% |
| 2021-12-31 | 2.04% |
| 2020-12-31 | 4.25% |
| 2019-12-31 | 4.34% |
| 2018-12-31 | 3.46% |
| 2017-12-31 | 5.73% |
| 2016-12-31 | 3.72% |
| 2015-12-31 | 4.25% |
| 2014-12-31 | 4.25% |
| 2013-12-31 | 3.43% |
| 2012-12-31 | 4.02% |
| 2011-12-31 | 4.88% |
| 2010-12-31 | 5.19% |
| 2009-12-31 | 4.84% |
| 2008-12-31 | 5.49% |
| 2007-12-31 | 4.85% |
| 2006-12-31 | 4.97% |
| 2005-12-31 | 4.01% |
| 2004-12-31 | 4.54% |
| 2003-12-31 | 4.36% |
| 2002-12-31 | 4.79% |
| 2001-12-31 | 6.01% |
| 2000-12-31 | 6.10% |
| 1999-12-31 | 6.68% |
| 1998-12-31 | 8.12% |
| 1997-12-31 | 7.30% |
| 1996-12-31 | 7.00% |
