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 6.22% is in line with its 5-year average of 6.89%, near the low end of its 5-year range (5.96%–7.99%).
As of the fiscal period ended Wednesday, December 31, 2025. 5.11% below its 12-month average of 6.55%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
6.22%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
6.55%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
6.47%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
6.89%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
8.31%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
8.49%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
8.23%
CURRENT VS TTM AVG
-5.11%
CURRENT VS 3Y AVG
-3.90%
CURRENT VS 5Y AVG
-9.66%
CURRENT VS 10Y AVG
-25.18%
CURRENT VS 15Y AVG
-26.73%
CURRENT VS 20Y AVG
-24.42%
SECTOR MEDIAN · COMMUNICATION SERVICES
6.32%
median of 28 covered companies
CURRENT VS SECTOR MEDIAN
-1.58%
vs the sector median at left
Verizon Communications Inc.
Market Cap
$201.16B
Return on Invested Capital (ROIC)
6.22%
TTM Avg
6.55%
3Y Avg
6.47%
5Y Avg
6.89%
Market Cap
$194.86B
Return on Invested Capital (ROIC)
7.04%
TTM Avg
7.04%
3Y Avg
5.58%
5Y Avg
4.72%
Market Cap
$171.65B
Return on Invested Capital (ROIC)
8.11%
TTM Avg
6.74%
3Y Avg
4.90%
5Y Avg
3.95%
Market Cap
$168.12B
Return on Invested Capital (ROIC)
5.57%
TTM Avg
5.30%
3Y Avg
3.67%
5Y Avg
4.11%
Market Cap
$105.05B
Return on Invested Capital (ROIC)
21.05%
TTM Avg
18.19%
3Y Avg
2.45%
5Y Avg
0.41%
Market Cap
$299.93B
Return on Invested Capital (ROIC)
25.22%
TTM Avg
22.71%
3Y Avg
18.04%
5Y Avg
16.51%
Market Cap
$86.59B
Return on Invested Capital (ROIC)
6.42%
TTM Avg
7.49%
3Y Avg
6.93%
5Y Avg
6.52%
Market Cap
$85.21B
Return on Invested Capital (ROIC)
5.29%
TTM Avg
2.48%
3Y Avg
-4.46%
5Y Avg
-5.82%
Market Cap
$64.13B
Return on Invested Capital (ROIC)
0.68%
TTM Avg
-5.14%
3Y Avg
-4.11%
5Y Avg
-0.80%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Verizon Communications Inc. (VZ) | $201.16B | 6.22% | 6.55% | 6.47% | 6.89% |
| T-Mobile US, Inc. (TMUS)vs › | $194.86B | 7.04% | 7.04% | 5.58% | 4.72% |
| The Walt Disney Company (DIS)vs › | $171.65B | 8.11% | 6.74% | 4.90% | 3.95% |
| AT&T Inc. (T)vs › | $168.12B | 5.57% | 5.30% | 3.67% | 4.11% |
| Spotify Technology S.A. (SPOT)vs › | $105.05B | 21.05% | 18.19% | 2.45% | 0.41% |
| Netflix, Inc. (NFLX)vs › | $299.93B | 25.22% | 22.71% | 18.04% | 16.51% |
| Comcast Corporation (CMCSA)vs › | $86.59B | 6.42% | 7.49% | 6.93% | 6.52% |
| DoorDash, Inc. (DASH)vs › | $85.21B | 5.29% | 2.48% | -4.46% | -5.82% |
| Warner Bros. Discovery, Inc. (WBD)vs › | $64.13B | 0.68% | -5.14% | -4.11% | -0.80% |
| Live Nation Entertainment, Inc. (LYV)vs › | $41.81B | 7.87% | 7.79% | 7.46% | 0.23% |
ROIC
6.2%
ROE
16.8%
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 | 6.22% |
| 2024-12-31 | 6.89% |
| 2023-12-31 | 5.96% |
| 2022-12-31 | 6.82% |
| 2021-12-31 | 7.43% |
| 2020-12-31 | 7.99% |
| 2019-12-31 | 10.35% |
| 2018-12-31 | 10.48% |
| 2017-12-31 | 11.65% |
| 2016-12-31 | 7.76% |
| 2015-12-31 | 9.90% |
| 2014-12-31 | 7.13% |
| 2013-12-31 | 10.16% |
| 2012-12-31 | 10.37% |
| 2011-12-31 | 8.96% |
| 2010-12-31 | 7.76% |
| 2009-12-31 | 8.65% |
| 2008-12-31 | -10.26% |
| 2007-12-31 | 7.35% |
| 2006-12-31 | 6.76% |
| 2005-12-31 | 6.01% |
| 2004-12-31 | 6.44% |
| 2003-12-31 | 4.08% |
| 2002-12-31 | 7.85% |
| 2001-12-31 | 2.66% |
| 2000-12-31 | 5.41% |
| 1999-12-31 | 11.97% |
| 1998-12-31 | 8.33% |
| 1997-12-31 | 7.06% |
| 1996-12-31 | 10.52% |
