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 21.00% is 21% above its 5-year average of 17.40%, near the high end of its 5-year range (12.91%–21.00%).
As of the fiscal period ended Wednesday, December 31, 2025. 8.14% above its 12-month average of 19.42%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
21.00%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
19.42%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
16.71%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
17.40%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
18.87%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
22.32%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
24.24%
CURRENT VS TTM AVG
+8.14%
CURRENT VS 3Y AVG
+25.67%
CURRENT VS 5Y AVG
+20.68%
CURRENT VS 10Y AVG
+11.28%
CURRENT VS 15Y AVG
-5.90%
CURRENT VS 20Y AVG
-13.37%
SECTOR MEDIAN · FINANCIAL SERVICES
6.38%
median of 95 covered companies
CURRENT VS SECTOR MEDIAN
+229.15%
vs the sector median at left
Moody's Corporation
Market Cap
$82.40B
Return on Invested Capital (ROIC)
21.00%
TTM Avg
19.42%
3Y Avg
16.71%
5Y Avg
17.40%
Market Cap
$82.45B
Return on Invested Capital (ROIC)
7.03%
TTM Avg
6.66%
3Y Avg
6.46%
5Y Avg
6.24%
Market Cap
$80.77B
Return on Invested Capital (ROIC)
12.10%
TTM Avg
11.86%
3Y Avg
9.68%
5Y Avg
-2.06%
Market Cap
$80.49B
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$85.47B
Return on Invested Capital (ROIC)
7.55%
TTM Avg
7.17%
3Y Avg
-0.42%
5Y Avg
-2.72%
Market Cap
$86.25B
Return on Invested Capital (ROIC)
12.12%
TTM Avg
11.84%
3Y Avg
12.24%
5Y Avg
11.46%
Market Cap
$77.25B
Return on Invested Capital (ROIC)
12.16%
TTM Avg
11.68%
3Y Avg
17.25%
5Y Avg
15.63%
Market Cap
$89.21B
Return on Invested Capital (ROIC)
0.10%
TTM Avg
0.17%
3Y Avg
0.21%
5Y Avg
0.71%
Market Cap
$74.01B
Return on Invested Capital (ROIC)
14.45%
TTM Avg
39.92%
3Y Avg
70.92%
5Y Avg
49.63%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Moody's Corporation (MCO) | $82.40B | 21.00% | 19.42% | 16.71% | 17.40% |
| Intercontinental Exchange, Inc. (ICE)vs › | $82.45B | 7.03% | 6.66% | 6.46% | 6.24% |
| The Travelers Companies, Inc. (TRV)vs › | $80.77B | 12.10% | 11.86% | 9.68% | -2.06% |
| iShares Russell 2000 ETF (IWM)vs › | $80.49B | N/A | N/A | N/A | N/A |
| Robinhood Markets, Inc. (HOOD)vs › | $85.47B | 7.55% | 7.17% | -0.42% | -2.72% |
| Marsh & McLennan Companies, Inc. (MRSH)vs › | $86.25B | 12.12% | 11.84% | 12.24% | 11.46% |
| Aon plc (AON)vs › | $77.25B | 12.16% | 11.68% | 17.25% | 15.63% |
| KKR & Co. Inc. (KKR)vs › | $89.21B | 0.10% | 0.17% | 0.21% | 0.71% |
| Brookfield Asset Management Ltd. (BAM)vs › | $74.01B | 14.45% | 39.92% | 70.92% | 49.63% |
| CME Group Inc. (CME)vs › | $92.51B | 1.62% | 5.06% | 5.96% | 5.84% |
ROIC
21.0%
ROE
92.4%
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 | 21.00% |
| 2024-12-31 | 17.84% |
| 2023-12-31 | 15.09% |
| 2022-12-31 | 12.91% |
| 2021-12-31 | 18.60% |
| 2020-12-31 | 18.97% |
| 2019-12-31 | 19.41% |
| 2018-12-31 | 19.30% |
| 2017-12-31 | 14.96% |
| 2016-12-31 | 23.40% |
| 2015-12-31 | 26.11% |
| 2014-12-31 | 28.67% |
| 2013-12-31 | 26.65% |
| 2012-12-31 | 26.04% |
| 2011-12-31 | 33.74% |
| 2010-12-31 | 34.38% |
| 2009-12-31 | 36.47% |
| 2008-12-31 | 42.82% |
| 2007-12-31 | 77.82% |
| 2006-12-31 | 79.20% |
| 2005-12-31 | 61.67% |
| 2004-12-31 | 51.86% |
| 2003-12-31 | 72.18% |
| 2002-12-31 | 108.90% |
| 2001-12-31 | 151.56% |
| 2000-12-31 | 110.89% |
| 1999-12-31 | 56.73% |
| 1998-12-31 | 58.42% |
