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 3.20% is 32% above its 5-year average of 2.43%, near the high end of its 5-year range (1.69%–3.31%).
As of the fiscal period ended Wednesday, December 31, 2025. 3.39% above its 12-month average of 3.09%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
3.20%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
3.09%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
2.54%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
2.43%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
2.90%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
2.89%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
2.87%
CURRENT VS TTM AVG
+3.39%
CURRENT VS 3Y AVG
+25.86%
CURRENT VS 5Y AVG
+31.87%
CURRENT VS 10Y AVG
+10.31%
CURRENT VS 15Y AVG
+10.54%
CURRENT VS 20Y AVG
+11.54%
SECTOR MEDIAN · REAL ESTATE
5.13%
median of 39 covered companies
CURRENT VS SECTOR MEDIAN
-37.62%
vs the sector median at left
Ventas, Inc.
Market Cap
$48.80B
Return on Invested Capital (ROIC)
3.20%
TTM Avg
3.09%
3Y Avg
2.54%
5Y Avg
2.43%
Market Cap
$41.73B
Return on Invested Capital (ROIC)
8.46%
TTM Avg
7.67%
3Y Avg
8.97%
5Y Avg
9.36%
Market Cap
$56.96B
Return on Invested Capital (ROIC)
13.14%
TTM Avg
11.78%
3Y Avg
12.31%
5Y Avg
12.13%
Market Cap
$37.99B
Return on Invested Capital (ROIC)
5.72%
TTM Avg
5.25%
3Y Avg
5.60%
5Y Avg
5.77%
Market Cap
$61.11B
Return on Invested Capital (ROIC)
2.45%
TTM Avg
2.77%
3Y Avg
2.79%
5Y Avg
2.88%
Market Cap
$32.52B
Return on Invested Capital (ROIC)
10.44%
TTM Avg
-1.30%
3Y Avg
2.71%
5Y Avg
3.63%
Market Cap
$31.43B
Return on Invested Capital (ROIC)
5.18%
TTM Avg
4.90%
3Y Avg
5.96%
5Y Avg
6.98%
Market Cap
$28.68B
Return on Invested Capital (ROIC)
8.77%
TTM Avg
8.10%
3Y Avg
7.15%
5Y Avg
7.17%
Market Cap
$26.87B
Return on Invested Capital (ROIC)
4.31%
TTM Avg
4.48%
3Y Avg
4.38%
5Y Avg
4.11%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Ventas, Inc. (VTR) | $48.80B | 3.20% | 3.09% | 2.54% | 2.43% |
| CBRE Group, Inc. (CBRE)vs › | $41.73B | 8.46% | 7.67% | 8.97% | 9.36% |
| Public Storage (PSA)vs › | $56.96B | 13.14% | 11.78% | 12.31% | 12.13% |
| Iron Mountain Incorporated (IRM)vs › | $37.99B | 5.72% | 5.25% | 5.60% | 5.77% |
| Realty Income Corporation (O)vs › | $61.11B | 2.45% | 2.77% | 2.79% | 2.88% |
| Crown Castle Inc. (CCI)vs › | $32.52B | 10.44% | -1.30% | 2.71% | 3.63% |
| Extra Space Storage Inc. (EXR)vs › | $31.43B | 5.18% | 4.90% | 5.96% | 6.98% |
| VICI Properties Inc. (VICI)vs › | $28.68B | 8.77% | 8.10% | 7.15% | 7.17% |
| AvalonBay Communities, Inc. (AVB)vs › | $26.87B | 4.31% | 4.48% | 4.38% | 4.11% |
| Equity Residential (EQR)vs › | $25.38B | 4.61% | 7.53% | 8.36% | 8.17% |
ROIC
3.2%
ROE
2.0%
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 | 3.31% |
| 2024-12-31 | 2.88% |
| 2023-12-31 | 1.83% |
| 2022-12-31 | 2.15% |
| 2021-12-31 | 1.69% |
| 2020-12-31 | 2.70% |
| 2019-12-31 | 3.77% |
| 2018-12-31 | 4.12% |
| 2017-12-31 | 2.82% |
| 2016-12-31 | 2.61% |
| 2015-12-31 | 4.03% |
| 2014-12-31 | 4.50% |
| 2013-12-31 | 4.62% |
| 2012-12-31 | 3.99% |
| 2011-12-31 | 0.33% |
| 2010-12-31 | 0.97% |
| 2009-12-31 | 4.14% |
| 2008-12-31 | 2.84% |
| 2007-12-31 | 2.45% |
| 2006-12-31 | 2.27% |
| 2005-12-31 | 2.23% |
| 2004-12-31 | 4.93% |
| 2003-12-31 | 19.47% |
| 2002-12-31 | 19.92% |
| 2001-12-31 | 18.62% |
| 2000-12-31 | 47.33% |
| 1999-12-31 | 5.98% |
| 1998-12-31 | 7.56% |
| 1997-12-31 | 7.11% |
| 1996-12-31 | 1.80% |
