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 3.80% is in line with its 5-year average of 3.99%, near the low end of its 5-year range (3.31%–5.89%).
As of the fiscal period ended Wednesday, December 31, 2025. 6.89% above its 12-month average of 3.55%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
3.80%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
3.55%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
3.65%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
3.99%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
3.51%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
2.90%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
+6.89%
CURRENT VS 3Y AVG
+4.04%
CURRENT VS 5Y AVG
-4.68%
CURRENT VS 10Y AVG
+8.32%
CURRENT VS 15Y AVG
+30.82%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · REAL ESTATE
5.13%
median of 39 covered companies
CURRENT VS SECTOR MEDIAN
-25.93%
vs the sector median at left
Terreno Realty Corporation
Market Cap
$7.73B
Return on Invested Capital (ROIC)
3.80%
TTM Avg
3.55%
3Y Avg
3.65%
5Y Avg
3.99%
Market Cap
$8.88B
Return on Invested Capital (ROIC)
-4.40%
TTM Avg
-0.89%
3Y Avg
0.68%
5Y Avg
1.87%
Market Cap
$8.88B
Return on Invested Capital (ROIC)
14.27%
TTM Avg
5.57%
3Y Avg
5.17%
5Y Avg
5.20%
Market Cap
$9.39B
Return on Invested Capital (ROIC)
6.39%
TTM Avg
6.40%
3Y Avg
6.33%
5Y Avg
6.08%
Market Cap
$9.55B
Return on Invested Capital (ROIC)
7.28%
TTM Avg
7.72%
3Y Avg
7.50%
5Y Avg
7.42%
Market Cap
$9.68B
Return on Invested Capital (ROIC)
3.78%
TTM Avg
3.53%
3Y Avg
3.40%
5Y Avg
3.43%
Market Cap
$10.89B
Return on Invested Capital (ROIC)
6.71%
TTM Avg
5.92%
3Y Avg
6.12%
5Y Avg
5.87%
Market Cap
$11.02B
Return on Invested Capital (ROIC)
5.96%
TTM Avg
7.00%
3Y Avg
6.05%
5Y Avg
5.75%
Market Cap
$11.30B
Return on Invested Capital (ROIC)
-0.18%
TTM Avg
-0.21%
3Y Avg
4.37%
5Y Avg
6.09%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Terreno Realty Corporation (TRNO) | $7.73B | 3.80% | 3.55% | 3.65% | 3.99% |
| Alexandria Real Estate Equities, Inc. (ARE)vs › | $8.88B | -4.40% | -0.89% | 0.68% | 1.87% |
| First Industrial Realty Trust, Inc. (FR)vs › | $8.88B | 14.27% | 5.57% | 5.17% | 5.20% |
| NNN REIT, Inc. (NNN)vs › | $9.39B | 6.39% | 6.40% | 6.33% | 6.08% |
| CubeSmart (CUBE)vs › | $9.55B | 7.28% | 7.72% | 7.50% | 7.42% |
| Agree Realty Corporation (ADC)vs › | $9.68B | 3.78% | 3.53% | 3.40% | 3.43% |
| Federal Realty Investment Trust (FRT)vs › | $10.89B | 6.71% | 5.92% | 6.12% | 5.87% |
| BXP, Inc. (BXP)vs › | $11.02B | 5.96% | 7.00% | 6.05% | 5.75% |
| CoStar Group, Inc. (CSGP)vs › | $11.30B | -0.18% | -0.21% | 4.37% | 6.09% |
| Camden Property Trust (CPT)vs › | $11.43B | 3.50% | 3.53% | 3.47% | 3.42% |
ROIC
3.8%
ROE
9.9%
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 | 3.80% |
| 2024-12-31 | 3.31% |
| 2023-12-31 | 3.79% |
| 2022-12-31 | 3.71% |
| 2021-12-31 | 3.42% |
| 2020-12-31 | 5.89% |
| 2019-12-31 | 5.42% |
| 2018-12-31 | 3.46% |
| 2017-12-31 | 3.29% |
| 2016-12-31 | 1.28% |
| 2015-12-31 | 1.22% |
| 2014-12-31 | 1.11% |
| 2013-12-31 | 2.07% |
| 2012-12-31 | 2.24% |
| 2011-12-31 | -0.44% |
| 2010-12-31 | -3.86% |
