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 43.13% is 195% above its 5-year average of 14.62%, near the high end of its 5-year range (7.70%–43.13%).
As of the fiscal period ended Wednesday, December 31, 2025. 59.42% above its 12-month average of 27.05%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
43.13%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
27.05%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
17.68%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
14.62%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
12.75%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
9.69%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
9.67%
CURRENT VS TTM AVG
+59.42%
CURRENT VS 3Y AVG
+143.91%
CURRENT VS 5Y AVG
+194.94%
CURRENT VS 10Y AVG
+238.20%
CURRENT VS 15Y AVG
+345.01%
CURRENT VS 20Y AVG
+345.93%
SECTOR MEDIAN · BASIC MATERIALS
6.87%
median of 43 covered companies
CURRENT VS SECTOR MEDIAN
+527.80%
vs the sector median at left
PPG Industries, Inc.
Market Cap
$24.85B
Return on Invested Capital (ROIC)
43.13%
TTM Avg
27.05%
3Y Avg
17.68%
5Y Avg
14.62%
Market Cap
$26.29B
Return on Invested Capital (ROIC)
17.08%
TTM Avg
15.51%
3Y Avg
11.26%
5Y Avg
6.19%
Market Cap
$21.91B
Return on Invested Capital (ROIC)
-7.64%
TTM Avg
-2.55%
3Y Avg
2.23%
5Y Avg
2.89%
Market Cap
$21.93B
Return on Invested Capital (ROIC)
0.51%
TTM Avg
1.87%
3Y Avg
4.25%
5Y Avg
5.41%
Market Cap
$20.64B
Return on Invested Capital (ROIC)
8.16%
TTM Avg
8.96%
3Y Avg
12.94%
5Y Avg
12.74%
Market Cap
$20.24B
Return on Invested Capital (ROIC)
3.19%
TTM Avg
2.91%
3Y Avg
-1.44%
5Y Avg
-0.11%
Market Cap
$19.94B
Return on Invested Capital (ROIC)
-1.13%
TTM Avg
2.01%
3Y Avg
6.37%
5Y Avg
8.18%
Market Cap
$18.74B
Return on Invested Capital (ROIC)
2.18%
TTM Avg
2.86%
3Y Avg
3.62%
5Y Avg
3.63%
Market Cap
$18.63B
Return on Invested Capital (ROIC)
14.27%
TTM Avg
12.88%
3Y Avg
18.68%
5Y Avg
15.95%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| PPG Industries, Inc. (PPG) | $24.85B | 43.13% | 27.05% | 17.68% | 14.62% |
| Carpenter Technology Corporation (CRS)vs › | $26.29B | 17.08% | 15.51% | 11.26% | 6.19% |
| International Paper Company (IP)vs › | $21.91B | -7.64% | -2.55% | 2.23% | 2.89% |
| Dow Inc. (DOW)vs › | $21.93B | 0.51% | 1.87% | 4.25% | 5.41% |
| Reliance Steel & Aluminum Co. (RS)vs › | $20.64B | 8.16% | 8.96% | 12.94% | 12.74% |
| International Flavors & Fragrances Inc. (IFF)vs › | $20.24B | 3.19% | 2.91% | -1.44% | -0.11% |
| LyondellBasell Industries N.V. (LYB)vs › | $19.94B | -1.13% | 2.01% | 6.37% | 8.18% |
| DuPont de Nemours, Inc. (DD)vs › | $18.74B | 2.18% | 2.86% | 3.62% | 3.63% |
| CF Industries Holdings, Inc. (CF)vs › | $18.63B | 14.27% | 12.88% | 18.68% | 15.95% |
| Martin Marietta Materials, Inc. (MLM)vs › | $32.32B | 6.87% | 9.44% | 8.60% | 8.05% |
ROIC
43.1%
ROE
-44.5%
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 | 43.13% |
| 2024-12-31 | 10.98% |
| 2023-12-31 | 8.92% |
| 2022-12-31 | 7.70% |
| 2021-12-31 | 7.97% |
| 2020-12-31 | 9.04% |
| 2019-12-31 | 10.61% |
| 2018-12-31 | 11.99% |
| 2017-12-31 | 11.03% |
| 2016-12-31 | 7.10% |
| 2015-12-31 | 11.81% |
| 2014-12-31 | 11.37% |
| 2013-12-31 | 10.46% |
| 2012-12-31 | 8.66% |
| 2011-12-31 | 9.58% |
| 2010-12-31 | 8.16% |
| 2009-12-31 | 5.58% |
| 2008-12-31 | 7.51% |
| 2007-12-31 | 9.44% |
| 2006-12-31 | 12.46% |
| 2005-12-31 | 13.07% |
| 2004-12-31 | 11.23% |
| 2003-12-31 | 9.60% |
| 2002-12-31 | 10.85% |
| 2001-12-31 | 7.84% |
| 2000-12-31 | 9.73% |
| 1999-12-31 | 8.91% |
| 1998-12-31 | 12.92% |
| 1997-12-31 | 14.47% |
| 1996-12-31 | 14.91% |
