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 8.02% is 20% above its 5-year average of 6.71%, near the high end of its 5-year range (5.37%–8.02%).
As of the fiscal period ended Wednesday, December 31, 2025. 9.79% above its 12-month average of 7.30%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
8.02%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
7.30%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
6.97%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
6.71%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
6.57%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
5.19%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
5.37%
CURRENT VS TTM AVG
+9.79%
CURRENT VS 3Y AVG
+15.11%
CURRENT VS 5Y AVG
+19.55%
CURRENT VS 10Y AVG
+22.00%
CURRENT VS 15Y AVG
+54.45%
CURRENT VS 20Y AVG
+49.43%
SECTOR MEDIAN · BASIC MATERIALS
6.86%
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
+16.91%
vs the sector median at left
Vulcan Materials Company
Market Cap
$36.29B
Return on Invested Capital (ROIC)
8.02%
TTM Avg
7.30%
3Y Avg
6.97%
5Y Avg
6.71%
Market Cap
$35.64B
Return on Invested Capital (ROIC)
8.19%
TTM Avg
9.84%
3Y Avg
17.62%
5Y Avg
18.48%
Market Cap
$33.60B
Return on Invested Capital (ROIC)
6.87%
TTM Avg
9.44%
3Y Avg
8.60%
5Y Avg
8.05%
Market Cap
$32.69B
Return on Invested Capital (ROIC)
6.79%
TTM Avg
5.53%
3Y Avg
8.91%
5Y Avg
7.85%
Market Cap
$29.99B
Return on Invested Capital (ROIC)
13.94%
TTM Avg
12.00%
3Y Avg
6.80%
5Y Avg
3.38%
Market Cap
$25.86B
Return on Invested Capital (ROIC)
43.13%
TTM Avg
27.05%
3Y Avg
17.68%
5Y Avg
14.62%
Market Cap
$22.32B
Return on Invested Capital (ROIC)
-7.64%
TTM Avg
-2.55%
3Y Avg
2.23%
5Y Avg
2.89%
Market Cap
$50.63B
Return on Invested Capital (ROIC)
15.60%
TTM Avg
11.24%
3Y Avg
9.32%
5Y Avg
9.68%
Market Cap
$21.55B
Return on Invested Capital (ROIC)
0.51%
TTM Avg
1.87%
3Y Avg
4.25%
5Y Avg
5.41%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Vulcan Materials Company (VMC) | $36.29B | 8.02% | 7.30% | 6.97% | 6.71% |
| Steel Dynamics, Inc. (STLD)vs › | $35.64B | 8.19% | 9.84% | 17.62% | 18.48% |
| Martin Marietta Materials, Inc. (MLM)vs › | $33.60B | 6.87% | 9.44% | 8.60% | 8.05% |
| Nutrien Ltd. (NTR)vs › | $32.69B | 6.79% | 5.53% | 8.91% | 7.85% |
| Carpenter Technology Corporation (CRS)vs › | $29.99B | 13.94% | 12.00% | 6.80% | 3.38% |
| PPG Industries, Inc. (PPG)vs › | $25.86B | 43.13% | 27.05% | 17.68% | 14.62% |
| International Paper Company (IP)vs › | $22.32B | -7.64% | -2.55% | 2.23% | 2.89% |
| Wheaton Precious Metals Corp. (WPM)vs › | $50.63B | 15.60% | 11.24% | 9.32% | 9.68% |
| Dow Inc. (DOW)vs › | $21.55B | 0.51% | 1.87% | 4.25% | 5.41% |
| Reliance Steel & Aluminum Co. (RS)vs › | $20.82B | 8.16% | 8.96% | 12.94% | 12.74% |
ROIC
8.0%
ROE
13.2%
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 | 8.02% |
| 2024-12-31 | 6.59% |
| 2023-12-31 | 7.89% |
| 2022-12-31 | 5.37% |
| 2021-12-31 | 6.03% |
| 2020-12-31 | 6.35% |
| 2019-12-31 | 7.13% |
| 2018-12-31 | 6.64% |
| 2017-12-31 | 7.02% |
| 2016-12-31 | 6.36% |
| 2015-12-31 | 4.91% |
| 2014-12-31 | 4.81% |
| 2013-12-31 | -13.40% |
| 2012-12-31 | 0.48% |
| 2011-12-31 | 0.39% |
| 2010-12-31 | -0.10% |
| 2009-12-31 | -1.74% |
| 2008-12-31 | -0.06% |
| 2007-12-31 | 5.81% |
| 2006-12-31 | 15.04% |
| 2005-12-31 | 10.40% |
| 2004-12-31 | 12.50% |
| 2003-12-31 | 8.02% |
| 2002-12-31 | 7.31% |
| 2001-12-31 | 10.06% |
| 2000-12-31 | 8.17% |
| 1999-12-31 | 9.54% |
| 1998-12-31 | 16.11% |
| 1997-12-31 | 15.79% |
| 1996-12-31 | 15.98% |
