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 9.67% is 116% above its 5-year average of 4.47%, near the high end of its 5-year range (0.46%–9.67%).
As of the fiscal period ended Wednesday, December 31, 2025. 42.00% above its 12-month average of 6.81%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
9.67%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
6.81%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
5.40%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
4.47%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
2.86%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
1.84%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
2.02%
CURRENT VS TTM AVG
+42.00%
CURRENT VS 3Y AVG
+79.07%
CURRENT VS 5Y AVG
+116.25%
CURRENT VS 10Y AVG
+238.11%
CURRENT VS 15Y AVG
+425.73%
CURRENT VS 20Y AVG
+378.12%
SECTOR MEDIAN · FINANCIAL SERVICES
5.93%
median of 96 covered companies
CURRENT VS SECTOR MEDIAN
+63.21%
vs the sector median at left
American Financial Group, Inc.
Market Cap
$12.10B
Return on Invested Capital (ROIC)
9.67%
TTM Avg
6.81%
3Y Avg
5.40%
5Y Avg
4.47%
Market Cap
$11.67B
Return on Invested Capital (ROIC)
23.22%
TTM Avg
24.41%
3Y Avg
22.93%
5Y Avg
10.72%
Market Cap
$10.72B
Return on Invested Capital (ROIC)
4.00%
TTM Avg
-19.18%
3Y Avg
-22.78%
5Y Avg
-18.63%
Market Cap
$14.00B
Return on Invested Capital (ROIC)
-1.18%
TTM Avg
0.60%
3Y Avg
0.88%
5Y Avg
1.79%
Market Cap
$10.16B
Return on Invested Capital (ROIC)
16.24%
TTM Avg
16.27%
3Y Avg
14.68%
5Y Avg
16.75%
Market Cap
$9.97B
Return on Invested Capital (ROIC)
-10.17%
TTM Avg
6.92%
3Y Avg
-0.58%
5Y Avg
-4.72%
Market Cap
$14.27B
Return on Invested Capital (ROIC)
4.05%
TTM Avg
3.97%
3Y Avg
3.79%
5Y Avg
51.00%
Market Cap
$14.35B
Return on Invested Capital (ROIC)
7.04%
TTM Avg
6.96%
3Y Avg
5.78%
5Y Avg
4.68%
Market Cap
$14.84B
Return on Invested Capital (ROIC)
8.05%
TTM Avg
7.79%
3Y Avg
8.21%
5Y Avg
13.34%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| American Financial Group, Inc. (AFG) | $12.10B | 9.67% | 6.81% | 5.40% | 4.47% |
| Erie Indemnity Company (ERIE)vs › | $11.67B | 23.22% | 24.41% | 22.93% | 10.72% |
| Bitmine Immersion Technologies, Inc. (BMNR)vs › | $10.72B | 4.00% | -19.18% | -22.78% | -18.63% |
| Invesco Ltd. (IVZ)vs › | $14.00B | -1.18% | 0.60% | 0.88% | 1.79% |
| FactSet Research Systems Inc. (FDS)vs › | $10.16B | 16.24% | 16.27% | 14.68% | 16.75% |
| Hut 8 Corp. (HUT)vs › | $9.97B | -10.17% | 6.92% | -0.58% | -4.72% |
| Globe Life Inc. (GL)vs › | $14.27B | 4.05% | 3.97% | 3.79% | 51.00% |
| Assurant, Inc. (AIZ)vs › | $14.35B | 7.04% | 6.96% | 5.78% | 4.68% |
| Everest Group, Ltd. (EG)vs › | $14.84B | 8.05% | 7.79% | 8.21% | 13.34% |
| Kinsale Capital Group, Inc. (KNSL)vs › | $8.51B | 22.98% | 23.88% | 22.14% | 52.74% |
ROIC
9.7%
ROE
18.8%
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 | 9.67% |
| 2024-12-31 | 3.95% |
| 2023-12-31 | 3.85% |
| 2022-12-31 | 4.13% |
| 2021-12-31 | 4.77% |
| 2020-12-31 | 0.46% |
| 2019-12-31 | 0.76% |
| 2018-12-31 | 0.89% |
| 2017-12-31 | 0.86% |
| 2016-12-31 | 1.31% |
| 2015-12-31 | 0.81% |
| 2014-12-31 | 0.94% |
| 2013-12-31 | 1.20% |
| 2012-12-31 | 1.17% |
| 2011-12-31 | 1.00% |
| 2010-12-31 | 1.49% |
| 2009-12-31 | 1.99% |
| 2008-12-31 | 0.79% |
| 2007-12-31 | 1.71% |
| 2006-12-31 | 1.96% |
| 2005-12-31 | 6.41% |
| 2004-12-31 | 11.58% |
| 2003-12-31 | 10.16% |
| 2002-12-31 | -6.40% |
| 2001-12-31 | -3.48% |
| 2000-12-31 | -4.40% |
| 1999-12-31 | -9.68% |
| 1998-12-31 | -14.05% |
| 1997-12-31 | -41.77% |
| 1996-12-31 | -18.35% |
