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 12.23% is 1907% above its 5-year average of -0.68%, near the high end of its 5-year range (-32.40%–12.23%).
As of the fiscal period ended Wednesday, December 31, 2025. 20.26% above its 12-month average of 10.17%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
12.23%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
10.17%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-2.70%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-0.68%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
0.44%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
4.92%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
5.79%
CURRENT VS TTM AVG
+20.26%
CURRENT VS 3Y AVG
+552.96%
CURRENT VS 5Y AVG
+1907.39%
CURRENT VS 10Y AVG
+2651.12%
CURRENT VS 15Y AVG
+148.34%
CURRENT VS 20Y AVG
+111.28%
SECTOR MEDIAN · BASIC MATERIALS
7.19%
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
+70.22%
vs the sector median at left
Newmont Corporation
Market Cap
$97.42B
Return on Invested Capital (ROIC)
12.23%
TTM Avg
10.17%
3Y Avg
-2.70%
5Y Avg
-0.68%
Market Cap
$88.40B
Return on Invested Capital (ROIC)
7.77%
TTM Avg
8.29%
3Y Avg
8.87%
5Y Avg
8.45%
Market Cap
$87.69B
Return on Invested Capital (ROIC)
8.68%
TTM Avg
7.82%
3Y Avg
7.36%
5Y Avg
6.62%
Market Cap
$82.51B
Return on Invested Capital (ROIC)
15.21%
TTM Avg
15.30%
3Y Avg
14.71%
5Y Avg
14.42%
Market Cap
$77.38B
Return on Invested Capital (ROIC)
11.95%
TTM Avg
11.88%
3Y Avg
10.14%
5Y Avg
9.59%
Market Cap
$65.03B
Return on Invested Capital (ROIC)
-1.82%
TTM Avg
4.05%
3Y Avg
5.72%
5Y Avg
6.36%
Market Cap
$63.60B
Return on Invested Capital (ROIC)
8.16%
TTM Avg
8.55%
3Y Avg
8.69%
5Y Avg
7.83%
Market Cap
$63.01B
Return on Invested Capital (ROIC)
6.85%
TTM Avg
10.48%
3Y Avg
13.43%
5Y Avg
16.51%
Market Cap
$60.98B
Return on Invested Capital (ROIC)
13.70%
TTM Avg
10.16%
3Y Avg
7.31%
5Y Avg
7.33%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Newmont Corporation (NEM) | $97.42B | 12.23% | 10.17% | -2.70% | -0.68% |
| Freeport-McMoRan Inc. (FCX)vs › | $88.40B | 7.77% | 8.29% | 8.87% | 8.45% |
| Johnson Controls International plc (JCI)vs › | $87.69B | 8.68% | 7.82% | 7.36% | 6.62% |
| The Sherwin-Williams Company (SHW)vs › | $82.51B | 15.21% | 15.30% | 14.71% | 14.42% |
| Ecolab Inc. (ECL)vs › | $77.38B | 11.95% | 11.88% | 10.14% | 9.59% |
| Air Products and Chemicals, Inc. (APD)vs › | $65.03B | -1.82% | 4.05% | 5.72% | 6.36% |
| CRH plc (CRH)vs › | $63.60B | 8.16% | 8.55% | 8.69% | 7.83% |
| Vale S.A. (VALE)vs › | $63.01B | 6.85% | 10.48% | 13.43% | 16.51% |
| Barrick Mining Corporation (B)vs › | $60.98B | 13.70% | 10.16% | 7.31% | 7.33% |
| Nucor Corporation (NUE)vs › | $59.02B | 6.74% | 7.30% | 14.93% | 15.58% |
ROIC
12.2%
ROE
24.3%
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 | 12.23% |
| 2024-12-31 | 8.11% |
| 2023-12-31 | 1.26% |
| 2022-12-31 | -32.40% |
| 2021-12-31 | 0.69% |
| 2020-12-31 | 6.05% |
| 2019-12-31 | 3.15% |
| 2018-12-31 | 2.73% |
| 2017-12-31 | -0.43% |
| 2016-12-31 | 4.69% |
| 2015-12-31 | -1.19% |
| 2014-12-31 | 2.50% |
| 2013-12-31 | 2.52% |
| 2012-12-31 | 8.12% |
| 2011-12-31 | 10.14% |
| 2010-12-31 | 13.30% |
| 2009-12-31 | 10.51% |
| 2008-12-31 | 9.43% |
| 2007-12-31 | 9.69% |
| 2006-12-31 | 7.01% |
| 2005-12-31 | 5.26% |
| 2004-12-31 | 7.09% |
| 2003-12-31 | 5.25% |
| 2002-12-31 | 2.81% |
| 2001-12-31 | 0.13% |
| 2000-12-31 | -59.27% |
| 1999-12-31 | 4.38% |
| 1998-12-31 | -8.90% |
| 1997-12-31 | 10.41% |
| 1996-12-31 | 2.44% |
