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 12.12% is in line with its 5-year average of 11.46%, near the high end of its 5-year range (8.22%–13.25%).
As of the fiscal period ended Wednesday, December 31, 2025. 2.36% above its 12-month average of 11.84%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
12.12%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
11.84%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
12.24%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
11.46%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
11.05%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
10.57%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
9.09%
CURRENT VS TTM AVG
+2.36%
CURRENT VS 3Y AVG
-1.02%
CURRENT VS 5Y AVG
+5.73%
CURRENT VS 10Y AVG
+9.67%
CURRENT VS 15Y AVG
+14.63%
CURRENT VS 20Y AVG
+33.26%
SECTOR MEDIAN · FINANCIAL SERVICES
5.98%
median of 95 covered companies
CURRENT VS SECTOR MEDIAN
+102.68%
vs the sector median at left
Marsh & McLennan Companies, Inc.
Market Cap
$91.36B
Return on Invested Capital (ROIC)
12.12%
TTM Avg
11.84%
3Y Avg
12.24%
5Y Avg
11.46%
Market Cap
$94.44B
Return on Invested Capital (ROIC)
1.62%
TTM Avg
5.06%
3Y Avg
5.96%
5Y Avg
5.84%
Market Cap
$96.88B
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$97.16B
Return on Invested Capital (ROIC)
0.10%
TTM Avg
0.17%
3Y Avg
0.21%
5Y Avg
0.71%
Market Cap
$97.40B
Return on Invested Capital (ROIC)
6.38%
TTM Avg
5.37%
3Y Avg
4.10%
5Y Avg
3.98%
Market Cap
$84.07B
Return on Invested Capital (ROIC)
7.55%
TTM Avg
7.17%
3Y Avg
-0.42%
5Y Avg
-2.72%
Market Cap
$83.77B
Return on Invested Capital (ROIC)
21.00%
TTM Avg
19.42%
3Y Avg
16.71%
5Y Avg
17.40%
Market Cap
$83.76B
Return on Invested Capital (ROIC)
7.03%
TTM Avg
6.66%
3Y Avg
6.46%
5Y Avg
6.24%
Market Cap
$99.66B
Return on Invested Capital (ROIC)
3.19%
TTM Avg
2.88%
3Y Avg
2.78%
5Y Avg
2.53%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Marsh & McLennan Companies, Inc. (MRSH) | $91.36B | 12.12% | 11.84% | 12.24% | 11.46% |
| CME Group Inc. (CME)vs › | $94.44B | 1.62% | 5.06% | 5.96% | 5.84% |
| Schwab U.S. Dividend Equity ETF (SCHD)vs › | $96.88B | N/A | N/A | N/A | N/A |
| KKR & Co. Inc. (KKR)vs › | $97.16B | 0.10% | 0.17% | 0.21% | 0.71% |
| The Bank of New York Mellon Corporation (BK)vs › | $97.40B | 6.38% | 5.37% | 4.10% | 3.98% |
| Robinhood Markets, Inc. (HOOD)vs › | $84.07B | 7.55% | 7.17% | -0.42% | -2.72% |
| Moody's Corporation (MCO)vs › | $83.77B | 21.00% | 19.42% | 16.71% | 17.40% |
| Intercontinental Exchange, Inc. (ICE)vs › | $83.76B | 7.03% | 6.66% | 6.46% | 6.24% |
| Brookfield Corporation (BN)vs › | $99.66B | 3.19% | 2.88% | 2.78% | 2.53% |
| iShares Russell 2000 ETF (IWM)vs › | $83.04B | N/A | N/A | N/A | N/A |
ROIC
12.1%
ROE
26.2%
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 | 12.12% |
| 2024-12-31 | 11.56% |
| 2023-12-31 | 13.25% |
| 2022-12-31 | 12.05% |
| 2021-12-31 | 11.58% |
| 2020-12-31 | 8.22% |
| 2019-12-31 | 7.43% |
| 2018-12-31 | 12.11% |
| 2017-12-31 | 9.23% |
| 2016-12-31 | 12.20% |
| 2015-12-31 | 11.81% |
| 2014-12-31 | 11.61% |
| 2013-12-31 | 10.79% |
| 2012-12-31 | 9.99% |
| 2011-12-31 | 9.57% |
| 2010-12-31 | 5.65% |
| 2009-12-31 | 6.13% |
| 2008-12-31 | 4.28% |
| 2007-12-31 | 3.90% |
| 2006-12-31 | 4.72% |
| 2005-12-31 | 2.79% |
| 2004-12-31 | 1.70% |
| 2003-12-31 | 14.66% |
| 2002-12-31 | 14.03% |
| 2001-12-31 | 10.87% |
| 2000-12-31 | 13.41% |
| 1999-12-31 | 8.66% |
| 1998-12-31 | 9.51% |
| 1997-12-31 | 8.39% |
| 1996-12-31 | 14.53% |
