Basis: Trailing twelve months (TTM), to the latest fiscal quarter end. 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 14.57% is in line with its 5-year average of 15.24%, around the middle of its 5-year range (10.76%–23.47%).
As of the fiscal period ended Tuesday, June 30, 2026. 3.40% above its 12-month average of 14.09%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 14.57%.
RETURN ON INVESTED CAPITAL (ROIC)
14.57%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
14.09%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
15.17%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
15.24%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
12.40%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
10.73%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
10.56%
CURRENT VS TTM AVG
+3.40%
CURRENT VS 3Y AVG
-3.93%
CURRENT VS 5Y AVG
-4.41%
CURRENT VS 10Y AVG
+17.56%
CURRENT VS 15Y AVG
+35.77%
CURRENT VS 20Y AVG
+38.02%
SECTOR MEDIAN · ENERGY
8.92%
median of 50 covered companies
CURRENT VS SECTOR MEDIAN
+63.38%
vs the sector median at left
Suncor Energy Inc.
Market Cap
$79.39B
Return on Invested Capital (ROIC)
14.57%
TTM Avg
14.09%
3Y Avg
15.17%
5Y Avg
15.24%
Market Cap
$78.29B
Return on Invested Capital (ROIC)
1.92%
TTM Avg
3.40%
3Y Avg
5.69%
5Y Avg
5.08%
Market Cap
$76.82B
Return on Invested Capital (ROIC)
9.15%
TTM Avg
12.04%
3Y Avg
11.73%
5Y Avg
9.83%
Market Cap
$83.23B
Return on Invested Capital (ROIC)
11.34%
TTM Avg
10.90%
3Y Avg
11.31%
5Y Avg
10.78%
Market Cap
$75.30B
Return on Invested Capital (ROIC)
16.57%
TTM Avg
14.05%
3Y Avg
17.01%
5Y Avg
13.41%
Market Cap
$71.92B
Return on Invested Capital (ROIC)
8.16%
TTM Avg
7.33%
3Y Avg
7.52%
5Y Avg
6.81%
Market Cap
$87.64B
Return on Invested Capital (ROIC)
6.64%
TTM Avg
5.63%
3Y Avg
5.90%
5Y Avg
5.28%
Market Cap
$70.63B
Return on Invested Capital (ROIC)
5.72%
TTM Avg
5.22%
3Y Avg
5.08%
5Y Avg
4.88%
Market Cap
$62.96B
Return on Invested Capital (ROIC)
5.18%
TTM Avg
4.58%
3Y Avg
3.92%
5Y Avg
4.55%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Suncor Energy Inc. (SU) | $79.39B | 14.57% | 14.09% | 15.17% | 15.24% |
| Eni S.p.A. (E)vs › | $78.29B | 1.92% | 3.40% | 5.69% | 5.08% |
| Slb N.V. (SLB)vs › | $76.82B | 9.15% | 12.04% | 11.73% | 9.83% |
| Enterprise Products Partners L.P. (EPD)vs › | $83.23B | 11.34% | 10.90% | 11.31% | 10.78% |
| EOG Resources, Inc. (EOG)vs › | $75.30B | 16.57% | 14.05% | 17.01% | 13.41% |
| Energy Transfer LP (ET)vs › | $71.92B | 8.16% | 7.33% | 7.52% | 6.81% |
| The Williams Companies, Inc. (WMB)vs › | $87.64B | 6.64% | 5.63% | 5.90% | 5.28% |
| Kinder Morgan, Inc. (KMI)vs › | $70.63B | 5.72% | 5.22% | 5.08% | 4.88% |
| TC Energy Corporation (TRP)vs › | $62.96B | 5.18% | 4.58% | 3.92% | 4.55% |
| Targa Resources Corp. (TRGP)vs › | $62.11B | 14.09% | 12.00% | 11.71% | 11.51% |
ROIC
14.6%
ROE
18.8%
ROIC = NOPAT / Invested Capital, where NOPAT = Operating Income × (1 − effective tax rate) and Invested Capital = Total Assets − (Current Liabilities − Short-Term Debt)
Return on invested capital measures the after-tax operating return a company earns on the capital invested in the business. TGMCharts computes it from reported statements: trailing-twelve-month operating income after tax, over invested capital at the latest balance sheet — total assets less the non-interest-bearing current liabilities (payables, accruals, deferred revenue) that fund them; short-term debt stays in the capital base. The tax rate is the period's own effective rate (income tax ÷ pretax income), capped at 45%; when pretax income is zero or negative, or the tax line is a net benefit, no tax is deducted — the operating figure is shown untaxed rather than adjusted by an assumed rate. Not shown for banks, insurers or funds.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2026-06-30 | 14.57% |
| 2026-03-31 | 13.14% |
| 2025-12-31 | 14.00% |
| 2025-09-30 | 14.20% |
| 2025-06-30 | 14.56% |
| 2025-03-31 | 15.72% |
| 2024-12-31 | 15.91% |
| 2024-09-30 | 15.63% |
| 2024-06-30 | 15.81% |
| 2024-03-31 | 15.70% |
| 2023-12-31 | 15.51% |
| 2023-09-30 | 17.72% |
| 2023-06-30 | 17.29% |
| 2023-03-31 | 20.91% |
| 2022-12-31 | 23.47% |
| 2022-09-30 | 22.90% |
| 2022-06-30 | 19.72% |
| 2022-03-31 | 15.26% |
| 2021-12-31 | 12.45% |
| 2021-09-30 | 10.76% |
| 2021-06-30 | 10.78% |
| 2021-03-31 | 7.93% |
| 2020-12-31 | 4.80% |
| 2020-09-30 | 7.14% |
| 2020-06-30 | 9.45% |
| 2020-03-31 | 14.09% |
| 2019-12-31 | 8.56% |
| 2019-09-30 | 9.53% |
| 2019-06-30 | 10.25% |
| 2019-03-31 | 9.99% |
| 2018-12-31 | 10.35% |
| 2018-09-30 | 11.65% |
| 2018-06-30 | 10.74% |
| 2018-03-31 | 9.68% |
| 2017-12-31 | 9.43% |
| 2017-09-30 | 8.51% |
| 2017-06-30 | 8.25% |
| 2017-03-31 | 5.49% |
| 2016-12-31 | 4.42% |
| 2016-09-30 | 6.08% |
| 2016-06-30 | 5.91% |
| 2016-03-31 | 8.27% |
| 2015-12-31 | 11.17% |
| 2015-09-30 | 6.33% |
| 2015-06-30 | 7.00% |
| 2015-03-31 | 7.79% |
| 2014-12-31 | 8.76% |
| 2014-09-30 | 8.59% |
| 2014-06-30 | 8.33% |
| 2014-03-31 | 7.53% |
| 2013-12-31 | 6.93% |
| 2013-09-30 | 6.58% |
| 2013-06-30 | 6.39% |
| 2013-03-31 | 5.84% |
| 2012-12-31 | 5.63% |
| 2012-09-30 | 6.42% |
| 2012-06-30 | 7.09% |
| 2012-03-31 | 7.28% |
| 2011-12-31 | 7.39% |
| 2011-09-30 | 7.43% |
| 2011-06-30 | 5.80% |
| 2011-03-31 | 6.14% |
| 2010-12-31 | 4.98% |
| 2010-09-30 | 2.94% |
| 2010-06-30 | 3.39% |
| 2010-03-31 | 1.85% |
| 2009-12-31 | 0.77% |
| 2009-09-30 | 1.96% |
| 2009-06-30 | 3.88% |
| 2009-03-31 | 7.34% |
| 2008-12-31 | 11.15% |
| 2008-09-30 | 13.46% |
| 2008-06-30 | 12.25% |
| 2008-03-31 | 13.25% |
| 2007-12-31 | 12.66% |
| 2007-09-30 | 10.63% |
| 2007-06-30 | 11.98% |
| 2007-03-31 | 16.65% |
| 2006-12-31 | 20.29% |
| 2006-09-30 | 23.37% |
| 2006-06-30 | 21.56% |
| 2006-03-31 | 14.76% |
| 2005-12-31 | 9.72% |
| 2005-09-30 | 8.93% |
| 2005-06-30 | 11.09% |
| 2005-03-31 | 13.37% |
| 2004-12-31 | 15.76% |
| 2004-09-30 | 12.97% |
| 2004-06-30 | 12.39% |
| 2004-03-31 | 10.39% |
| 2003-12-31 | 10.87% |
| 2003-09-30 | 11.55% |
| 2003-06-30 | 11.09% |
