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 6.34% is in line with its 5-year average of 6.29%, around the middle of its 5-year range (-7.99%–15.77%).
As of the fiscal period ended Wednesday, December 31, 2025. 7.24% below its 12-month average of 6.83%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
6.34%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
6.83%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
9.86%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
6.29%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
4.94%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
7.37%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
8.17%
CURRENT VS TTM AVG
-7.24%
CURRENT VS 3Y AVG
-35.68%
CURRENT VS 5Y AVG
+0.71%
CURRENT VS 10Y AVG
+28.34%
CURRENT VS 15Y AVG
-13.94%
CURRENT VS 20Y AVG
-22.39%
SECTOR MEDIAN · ENERGY
7.14%
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
-11.27%
vs the sector median at left
Exxon Mobil Corporation
Market Cap
$648.64B
Return on Invested Capital (ROIC)
6.34%
TTM Avg
6.83%
3Y Avg
9.86%
5Y Avg
6.29%
Market Cap
$381.43B
Return on Invested Capital (ROIC)
3.59%
TTM Avg
6.01%
3Y Avg
8.84%
5Y Avg
6.41%
Market Cap
$143.90B
Return on Invested Capital (ROIC)
6.54%
TTM Avg
7.13%
3Y Avg
11.67%
5Y Avg
8.97%
Market Cap
$96.81B
Return on Invested Capital (ROIC)
7.95%
TTM Avg
12.09%
3Y Avg
13.42%
5Y Avg
10.69%
Market Cap
$90.05B
Return on Invested Capital (ROIC)
7.03%
TTM Avg
7.14%
3Y Avg
12.45%
5Y Avg
6.94%
Market Cap
$89.89B
Return on Invested Capital (ROIC)
7.12%
TTM Avg
6.89%
3Y Avg
15.02%
5Y Avg
10.37%
Market Cap
$85.44B
Return on Invested Capital (ROIC)
6.16%
TTM Avg
5.63%
3Y Avg
5.89%
5Y Avg
5.28%
Market Cap
$83.34B
Return on Invested Capital (ROIC)
10.29%
TTM Avg
10.89%
3Y Avg
11.31%
5Y Avg
10.78%
Market Cap
$82.95B
Return on Invested Capital (ROIC)
4.75%
TTM Avg
3.97%
3Y Avg
7.78%
5Y Avg
5.11%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Exxon Mobil Corporation (XOM) | $648.64B | 6.34% | 6.83% | 9.86% | 6.29% |
| Chevron Corporation (CVX)vs › | $381.43B | 3.59% | 6.01% | 8.84% | 6.41% |
| ConocoPhillips (COP)vs › | $143.90B | 6.54% | 7.13% | 11.67% | 8.97% |
| Canadian Natural Resources Limited (CNQ)vs › | $96.81B | 7.95% | 12.09% | 13.42% | 10.69% |
| Marathon Petroleum Corporation (MPC)vs › | $90.05B | 7.03% | 7.14% | 12.45% | 6.94% |
| Valero Energy Corporation (VLO)vs › | $89.89B | 7.12% | 6.89% | 15.02% | 10.37% |
| The Williams Companies, Inc. (WMB)vs › | $85.44B | 6.16% | 5.63% | 5.89% | 5.28% |
| Enterprise Products Partners L.P. (EPD)vs › | $83.34B | 10.29% | 10.89% | 11.31% | 10.78% |
| Phillips 66 (PSX)vs › | $82.95B | 4.75% | 3.97% | 7.78% | 5.11% |
| Eni S.p.A. (E)vs › | $78.12B | 1.88% | 2.71% | 5.16% | 4.71% |
ROIC
6.3%
ROE
9.9%
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 | 6.34% |
| 2024-12-31 | 7.33% |
| 2023-12-31 | 9.99% |
| 2022-12-31 | 15.77% |
| 2021-12-31 | 6.33% |
| 2020-12-31 | -7.99% |
| 2019-12-31 | 2.95% |
| 2018-12-31 | 5.00% |
| 2017-12-31 | 4.47% |
| 2016-12-31 | 0.93% |
| 2015-12-31 | 3.22% |
| 2014-12-31 | 7.34% |
| 2013-12-31 | 8.03% |
| 2012-12-31 | 11.05% |
| 2011-12-31 | 11.93% |
| 2010-12-31 | 9.82% |
| 2009-12-31 | 8.67% |
| 2008-12-31 | 22.62% |
| 2007-12-31 | 19.70% |
| 2006-12-31 | 33.92% |
| 2005-12-31 | 22.54% |
| 2004-12-31 | 16.84% |
| 2003-12-31 | 26.44% |
| 2002-12-31 | 20.65% |
| 2001-12-31 | 25.46% |
| 2000-12-31 | 25.96% |
| 1999-12-31 | 5.86% |
| 1998-12-31 | 4.67% |
| 1997-12-31 | 12.79% |
| 1996-12-31 | 8.07% |
