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 3.79% is 47% above its 5-year average of 2.58%, near the high end of its 5-year range (-0.27%–3.79%).
As of the fiscal period ended Wednesday, December 31, 2025. 1.61% above its 12-month average of 3.73%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
3.79%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
3.73%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
3.37%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
2.58%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
2.88%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
3.35%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
3.71%
CURRENT VS TTM AVG
+1.61%
CURRENT VS 3Y AVG
+12.55%
CURRENT VS 5Y AVG
+46.99%
CURRENT VS 10Y AVG
+31.72%
CURRENT VS 15Y AVG
+13.29%
CURRENT VS 20Y AVG
+2.23%
SECTOR MEDIAN · UTILITIES
4.04%
median of 44 covered companies
CURRENT VS SECTOR MEDIAN
-6.07%
vs the sector median at left
PG&E Corporation
Market Cap
$46.79B
Return on Invested Capital (ROIC)
3.79%
TTM Avg
3.73%
3Y Avg
3.37%
5Y Avg
2.58%
Market Cap
$46.99B
Return on Invested Capital (ROIC)
3.97%
TTM Avg
3.95%
3Y Avg
3.68%
5Y Avg
3.14%
Market Cap
$47.40B
Return on Invested Capital (ROIC)
3.30%
TTM Avg
9.80%
3Y Avg
9.94%
5Y Avg
6.89%
Market Cap
$48.77B
Return on Invested Capital (ROIC)
3.77%
TTM Avg
3.71%
3Y Avg
3.95%
5Y Avg
3.99%
Market Cap
$50.01B
Return on Invested Capital (ROIC)
3.55%
TTM Avg
3.37%
3Y Avg
3.76%
5Y Avg
3.53%
Market Cap
$39.79B
Return on Invested Capital (ROIC)
3.24%
TTM Avg
3.36%
3Y Avg
3.27%
5Y Avg
3.54%
Market Cap
$54.83B
Return on Invested Capital (ROIC)
2.56%
TTM Avg
2.75%
3Y Avg
3.19%
5Y Avg
3.51%
Market Cap
$37.70B
Return on Invested Capital (ROIC)
4.88%
TTM Avg
4.64%
3Y Avg
4.67%
5Y Avg
3.59%
Market Cap
$35.06B
Return on Invested Capital (ROIC)
5.25%
TTM Avg
4.70%
3Y Avg
4.31%
5Y Avg
4.21%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| PG&E Corporation (PCG) | $46.79B | 3.79% | 3.73% | 3.37% | 2.58% |
| Exelon Corporation (EXC)vs › | $46.99B | 3.97% | 3.95% | 3.68% | 3.14% |
| Vistra Corp. (VST)vs › | $47.40B | 3.30% | 9.80% | 9.94% | 6.89% |
| Xcel Energy Inc. (XEL)vs › | $48.77B | 3.77% | 3.71% | 3.95% | 3.99% |
| Entergy Corporation (ETR)vs › | $50.01B | 3.55% | 3.37% | 3.76% | 3.53% |
| Consolidated Edison, Inc. (ED)vs › | $39.79B | 3.24% | 3.36% | 3.27% | 3.54% |
| Sempra (SRE)vs › | $54.83B | 2.56% | 2.75% | 3.19% | 3.51% |
| Public Service Enterprise Group Incorporated (PEG)vs › | $37.70B | 4.88% | 4.64% | 4.67% | 3.59% |
| WEC Energy Group, Inc. (WEC)vs › | $35.06B | 5.25% | 4.70% | 4.31% | 4.21% |
| Dominion Energy, Inc. (D)vs › | $59.27B | 3.41% | 3.13% | 2.58% | 2.44% |
ROIC
3.8%
ROE
9.3%
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 | 3.79% |
| 2024-12-31 | 3.67% |
| 2023-12-31 | 3.51% |
| 2022-12-31 | 2.50% |
| 2021-12-31 | -0.27% |
| 2020-12-31 | 2.27% |
| 2019-12-31 | 1.30% |
| 2018-12-31 | 2.73% |
| 2017-12-31 | 3.66% |
| 2016-12-31 | 4.40% |
| 2015-12-31 | 4.09% |
| 2014-12-31 | 3.74% |
| 2013-12-31 | 2.85% |
| 2012-12-31 | 3.36% |
| 2011-12-31 | 3.61% |
| 2010-12-31 | 4.70% |
| 2009-12-31 | 5.77% |
| 2008-12-31 | 4.67% |
| 2007-12-31 | 4.35% |
| 2006-12-31 | 4.79% |
| 2005-12-31 | 4.39% |
| 2004-12-31 | 4.65% |
| 2003-12-31 | 5.37% |
| 2002-12-31 | 9.53% |
| 2001-12-31 | 5.13% |
| 2000-12-31 | -12.13% |
| 1999-12-31 | 0.17% |
| 1998-12-31 | 4.07% |
| 1997-12-31 | 3.67% |
| 1996-12-31 | 4.56% |
