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 8.20% is 18% below its 4-year average of 9.95%, around the middle of its 4-year range (0.00%–23.01%).
As of the fiscal period ended Wednesday, December 31, 2025. 40.05% above its 12-month average of 5.85%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
8.20%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
5.85%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
12.44%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
+40.05%
CURRENT VS 3Y AVG
-34.07%
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
7.14%
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
+14.77%
vs the sector median at left
Venture Global, Inc.
Market Cap
$29.72B
Return on Invested Capital (ROIC)
8.20%
TTM Avg
5.85%
3Y Avg
12.44%
5Y Avg
N/A
Market Cap
$29.85B
Return on Invested Capital (ROIC)
10.12%
TTM Avg
10.43%
3Y Avg
14.13%
5Y Avg
9.32%
Market Cap
$32.31B
Return on Invested Capital (ROIC)
6.18%
TTM Avg
3.92%
3Y Avg
6.66%
5Y Avg
2.88%
Market Cap
$26.86B
Return on Invested Capital (ROIC)
30.12%
TTM Avg
32.86%
3Y Avg
38.58%
5Y Avg
37.62%
Market Cap
$26.51B
Return on Invested Capital (ROIC)
10.46%
TTM Avg
11.22%
3Y Avg
17.56%
5Y Avg
14.65%
Market Cap
$26.09B
Return on Invested Capital (ROIC)
8.38%
TTM Avg
11.54%
3Y Avg
12.77%
5Y Avg
8.00%
Market Cap
$24.72B
Return on Invested Capital (ROIC)
8.00%
TTM Avg
6.80%
3Y Avg
10.87%
5Y Avg
9.26%
Market Cap
$37.87B
Return on Invested Capital (ROIC)
4.77%
TTM Avg
4.28%
3Y Avg
2.75%
5Y Avg
1.34%
Market Cap
$21.18B
Return on Invested Capital (ROIC)
6.38%
TTM Avg
1.84%
3Y Avg
12.91%
5Y Avg
-13.44%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Venture Global, Inc. (VG) | $29.72B | 8.20% | 5.85% | 12.44% | N/A |
| Tenaris S.A. (TS)vs › | $29.85B | 10.12% | 10.43% | 14.13% | 9.32% |
| EQT Corporation (EQT)vs › | $32.31B | 6.18% | 3.92% | 6.66% | 2.88% |
| Texas Pacific Land Corporation (TPL)vs › | $26.86B | 30.12% | 32.86% | 38.58% | 37.62% |
| Devon Energy Corporation (DVN)vs › | $26.51B | 10.46% | 11.22% | 17.56% | 14.65% |
| Halliburton Company (HAL)vs › | $26.09B | 8.38% | 11.54% | 12.77% | 8.00% |
| Coterra Energy Inc. (CTRA)vs › | $24.72B | 8.00% | 6.80% | 10.87% | 9.26% |
| Cameco Corporation (CCJ)vs › | $37.87B | 4.77% | 4.28% | 2.75% | 1.34% |
| Expand Energy Corporation (EXE)vs › | $21.18B | 6.38% | 1.84% | 12.91% | -13.44% |
| APA Corporation (APA)vs › | $12.35B | 9.96% | 12.00% | 21.17% | 17.07% |
ROIC
8.2%
ROE
30.1%
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 | 8.20% |
| 2024-12-31 | 3.51% |
| 2023-12-31 | 15.03% |
| 2022-12-31 | 23.01% |
| 2021-12-31 | 0.00% |
