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 6.00% is in line with its 5-year average of 5.67%, around the middle of its 5-year range (-26.54%–21.01%).
As of the fiscal period ended Wednesday, December 31, 2025. 2.13% above its 12-month average of 5.88%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
6.00%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
5.88%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
11.51%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
5.67%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
2.49%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
5.83%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
+2.13%
CURRENT VS 3Y AVG
-47.86%
CURRENT VS 5Y AVG
+5.88%
CURRENT VS 10Y AVG
+141.40%
CURRENT VS 15Y AVG
+2.84%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
7.17%
median of 39 covered companies
CURRENT VS SECTOR MEDIAN
-16.32%
vs the sector median at left
Diamondback Energy, Inc.
Market Cap
$56.55B
Return on Invested Capital (ROIC)
6.00%
TTM Avg
5.88%
3Y Avg
11.51%
5Y Avg
5.67%
Market Cap
$57.49B
Return on Invested Capital (ROIC)
12.07%
TTM Avg
11.95%
3Y Avg
11.67%
5Y Avg
11.25%
Market Cap
$58.07B
Return on Invested Capital (ROIC)
8.62%
TTM Avg
7.46%
3Y Avg
8.21%
5Y Avg
8.27%
Market Cap
$58.17B
Return on Invested Capital (ROIC)
N/A
TTM Avg
4.32%
3Y Avg
8.73%
5Y Avg
6.32%
Market Cap
$64.14B
Return on Invested Capital (ROIC)
11.64%
TTM Avg
11.95%
3Y Avg
-44.19%
5Y Avg
-29.71%
Market Cap
$43.38B
Return on Invested Capital (ROIC)
4.77%
TTM Avg
4.28%
3Y Avg
2.75%
5Y Avg
1.34%
Market Cap
$70.69B
Return on Invested Capital (ROIC)
5.33%
TTM Avg
5.22%
3Y Avg
5.08%
5Y Avg
4.66%
Market Cap
$71.95B
Return on Invested Capital (ROIC)
7.17%
TTM Avg
7.33%
3Y Avg
7.52%
5Y Avg
6.71%
Market Cap
$75.37B
Return on Invested Capital (ROIC)
14.20%
TTM Avg
14.64%
3Y Avg
16.89%
5Y Avg
14.14%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Diamondback Energy, Inc. (FANG) | $56.55B | 6.00% | 5.88% | 11.51% | 5.67% |
| Targa Resources Corp. (TRGP)vs › | $57.49B | 12.07% | 11.95% | 11.67% | 11.25% |
| ONEOK, Inc. (OKE)vs › | $58.07B | 8.62% | 7.46% | 8.21% | 8.27% |
| Occidental Petroleum Corporation (OXY)vs › | $58.17B | N/A | 4.32% | 8.73% | 6.32% |
| Baker Hughes Company (BKR)vs › | $64.14B | 11.64% | 11.95% | -44.19% | -29.71% |
| Cameco Corporation (CCJ)vs › | $43.38B | 4.77% | 4.28% | 2.75% | 1.34% |
| Kinder Morgan, Inc. (KMI)vs › | $70.69B | 5.33% | 5.22% | 5.08% | 4.66% |
| Energy Transfer LP (ET)vs › | $71.95B | 7.17% | 7.33% | 7.52% | 6.71% |
| Suncor Energy Inc. (SU)vs › | $75.37B | 14.20% | 14.64% | 16.89% | 14.14% |
| EOG Resources, Inc. (EOG)vs › | $76.06B | 13.09% | 13.92% | 16.86% | 13.34% |
ROIC
6.0%
ROE
4.2%
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 | 6.00% |
| 2024-12-31 | 5.75% |
| 2023-12-31 | 13.27% |
| 2022-12-31 | 21.01% |
| 2021-12-31 | 14.51% |
| 2020-12-31 | -26.54% |
| 2019-12-31 | 2.70% |
| 2018-12-31 | 4.16% |
| 2017-12-31 | 8.38% |
| 2016-12-31 | -1.33% |
| 2015-12-31 | -20.57% |
| 2014-12-31 | 4.81% |
| 2013-12-31 | 4.28% |
| 2012-12-31 | 2.09% |
| 2011-12-31 | -50.28% |
| 2010-12-31 | 5.39% |
| 2009-12-31 | 1.43% |
