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 6.16% is 17% above its 5-year average of 5.28%, near the high end of its 5-year range (3.68%–6.67%).
As of the fiscal period ended Wednesday, December 31, 2025. 9.41% above its 12-month average of 5.63%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
6.16%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
5.63%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
5.89%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
5.28%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
3.60%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
3.64%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
3.90%
CURRENT VS TTM AVG
+9.41%
CURRENT VS 3Y AVG
+4.54%
CURRENT VS 5Y AVG
+16.63%
CURRENT VS 10Y AVG
+71.07%
CURRENT VS 15Y AVG
+69.45%
CURRENT VS 20Y AVG
+57.83%
SECTOR MEDIAN · ENERGY
7.14%
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
-13.79%
vs the sector median at left
The Williams Companies, Inc.
Market Cap
$87.49B
Return on Invested Capital (ROIC)
6.16%
TTM Avg
5.63%
3Y Avg
5.89%
5Y Avg
5.28%
Market Cap
$84.87B
Return on Invested Capital (ROIC)
4.75%
TTM Avg
3.97%
3Y Avg
7.78%
5Y Avg
5.11%
Market Cap
$92.39B
Return on Invested Capital (ROIC)
7.03%
TTM Avg
7.14%
3Y Avg
12.45%
5Y Avg
6.94%
Market Cap
$82.32B
Return on Invested Capital (ROIC)
10.29%
TTM Avg
10.89%
3Y Avg
11.31%
5Y Avg
10.78%
Market Cap
$92.91B
Return on Invested Capital (ROIC)
7.12%
TTM Avg
6.89%
3Y Avg
15.02%
5Y Avg
10.37%
Market Cap
$80.49B
Return on Invested Capital (ROIC)
1.88%
TTM Avg
2.71%
3Y Avg
5.16%
5Y Avg
4.71%
Market Cap
$79.44B
Return on Invested Capital (ROIC)
14.20%
TTM Avg
14.64%
3Y Avg
16.89%
5Y Avg
14.14%
Market Cap
$79.20B
Return on Invested Capital (ROIC)
58.12%
TTM Avg
36.44%
3Y Avg
28.12%
5Y Avg
20.84%
Market Cap
$99.45B
Return on Invested Capital (ROIC)
7.95%
TTM Avg
12.09%
3Y Avg
13.42%
5Y Avg
10.69%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| The Williams Companies, Inc. (WMB) | $87.49B | 6.16% | 5.63% | 5.89% | 5.28% |
| Phillips 66 (PSX)vs › | $84.87B | 4.75% | 3.97% | 7.78% | 5.11% |
| Marathon Petroleum Corporation (MPC)vs › | $92.39B | 7.03% | 7.14% | 12.45% | 6.94% |
| Enterprise Products Partners L.P. (EPD)vs › | $82.32B | 10.29% | 10.89% | 11.31% | 10.78% |
| Valero Energy Corporation (VLO)vs › | $92.91B | 7.12% | 6.89% | 15.02% | 10.37% |
| Eni S.p.A. (E)vs › | $80.49B | 1.88% | 2.71% | 5.16% | 4.71% |
| Suncor Energy Inc. (SU)vs › | $79.44B | 14.20% | 14.64% | 16.89% | 14.14% |
| EOG Resources, Inc. (EOG)vs › | $79.20B | 58.12% | 36.44% | 28.12% | 20.84% |
| Canadian Natural Resources Limited (CNQ)vs › | $99.45B | 7.95% | 12.09% | 13.42% | 10.69% |
| Slb N.V. (SLB)vs › | $74.14B | 10.34% | 12.04% | 11.73% | 9.77% |
ROIC
6.2%
ROE
21.9%
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 | 6.16% |
| 2024-12-31 | 5.10% |
| 2023-12-31 | 6.67% |
| 2022-12-31 | 5.64% |
| 2021-12-31 | 4.44% |
| 2020-12-31 | 3.68% |
| 2019-12-31 | 2.98% |
| 2018-12-31 | 1.03% |
| 2017-12-31 | 2.10% |
| 2016-12-31 | 1.44% |
| 2015-12-31 | 0.37% |
| 2014-12-31 | 2.09% |
| 2013-12-31 | 3.41% |
| 2012-12-31 | 5.10% |
| 2011-12-31 | 11.03% |
| 2010-12-31 | 4.32% |
| 2009-12-31 | 3.05% |
| 2008-12-31 | 7.64% |
| 2007-12-31 | 5.55% |
| 2006-12-31 | 3.21% |
| 2005-12-31 | 4.08% |
| 2004-12-31 | 2.68% |
| 2003-12-31 | 4.81% |
| 2002-12-31 | 2.13% |
| 2001-12-31 | 4.06% |
| 2000-12-31 | 4.49% |
| 1999-12-31 | 3.26% |
| 1998-12-31 | 3.36% |
| 1997-12-31 | 6.58% |
| 1996-12-31 | 6.90% |
