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 0.68% is 185% above its 5-year average of -0.80%, around the middle of its 5-year range (-10.96%–6.29%).
As of the fiscal period ended Wednesday, December 31, 2025. 113.23% above its 12-month average of -5.14%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
0.68%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-5.14%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-4.11%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-0.80%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
2.91%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
6.14%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
4.36%
CURRENT VS TTM AVG
+113.23%
CURRENT VS 3Y AVG
+116.55%
CURRENT VS 5Y AVG
+185.36%
CURRENT VS 10Y AVG
-76.67%
CURRENT VS 15Y AVG
-88.93%
CURRENT VS 20Y AVG
-84.39%
SECTOR MEDIAN · COMMUNICATION SERVICES
6.22%
median of 27 covered companies
CURRENT VS SECTOR MEDIAN
-89.07%
vs the sector median at left
Warner Bros. Discovery, Inc.
Market Cap
$67.37B
Return on Invested Capital (ROIC)
0.68%
TTM Avg
-5.14%
3Y Avg
-4.11%
5Y Avg
-0.80%
Market Cap
$89.43B
Return on Invested Capital (ROIC)
6.42%
TTM Avg
7.49%
3Y Avg
6.93%
5Y Avg
6.52%
Market Cap
$91.44B
Return on Invested Capital (ROIC)
5.29%
TTM Avg
2.48%
3Y Avg
-4.46%
5Y Avg
-5.82%
Market Cap
$42.97B
Return on Invested Capital (ROIC)
7.87%
TTM Avg
7.79%
3Y Avg
7.46%
5Y Avg
0.23%
Market Cap
$30.55B
Return on Invested Capital (ROIC)
14.86%
TTM Avg
-5.48%
3Y Avg
-8.00%
5Y Avg
-8.84%
Market Cap
$105.22B
Return on Invested Capital (ROIC)
21.05%
TTM Avg
18.19%
3Y Avg
2.45%
5Y Avg
0.41%
Market Cap
$27.81B
Return on Invested Capital (ROIC)
14.25%
TTM Avg
13.07%
3Y Avg
11.43%
5Y Avg
10.85%
Market Cap
$25.07B
Return on Invested Capital (ROIC)
-0.18%
TTM Avg
-0.36%
3Y Avg
0.49%
5Y Avg
8.28%
Market Cap
$23.22B
Return on Invested Capital (ROIC)
1.48%
TTM Avg
7.23%
3Y Avg
9.95%
5Y Avg
10.52%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Warner Bros. Discovery, Inc. (WBD) | $67.37B | 0.68% | -5.14% | -4.11% | -0.80% |
| Comcast Corporation (CMCSA)vs › | $89.43B | 6.42% | 7.49% | 6.93% | 6.52% |
| DoorDash, Inc. (DASH)vs › | $91.44B | 5.29% | 2.48% | -4.46% | -5.82% |
| Live Nation Entertainment, Inc. (LYV)vs › | $42.97B | 7.87% | 7.79% | 7.46% | 0.23% |
| Reddit, Inc. (RDDT)vs › | $30.55B | 14.86% | -5.48% | -8.00% | -8.84% |
| Spotify Technology S.A. (SPOT)vs › | $105.22B | 21.05% | 18.19% | 2.45% | 0.41% |
| Fox Corporation (FOXA)vs › | $27.81B | 14.25% | 13.07% | 11.43% | 10.85% |
| EchoStar Corporation (SATS)vs › | $25.07B | -0.18% | -0.36% | 0.49% | 8.28% |
| Omnicom Group Inc. (OMC)vs › | $23.22B | 1.48% | 7.23% | 9.95% | 10.52% |
| Roku, Inc. (ROKU)vs › | $22.52B | -0.17% | -3.54% | -12.09% | -7.09% |
ROIC
0.7%
ROE
-9.6%
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 | 0.68% |
| 2024-12-31 | -10.96% |
| 2023-12-31 | -1.13% |
| 2022-12-31 | -5.03% |
| 2021-12-31 | 5.37% |
| 2020-12-31 | 6.29% |
| 2019-12-31 | 9.33% |
| 2018-12-31 | 4.24% |
| 2017-12-31 | 3.44% |
| 2016-12-31 | 10.57% |
| 2015-12-31 | 9.26% |
| 2014-12-31 | 9.27% |
| 2013-12-31 | 8.94% |
| 2012-12-31 | 9.74% |
| 2011-12-31 | 11.72% |
| 2010-12-31 | 9.45% |
| 2009-12-31 | 6.77% |
| 2008-12-31 | 5.70% |
| 2007-12-31 | -0.14% |
| 2006-12-31 | -2.00% |
| 2005-12-31 | -0.01% |
| 2004-12-31 | 0.20% |
| 2003-12-31 | -0.05% |
| 2002-12-31 | 0.00% |
| 2001-12-31 | 0.00% |
| 2000-12-31 | 0.00% |
