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 7.00% is 19% below its 5-year average of 8.68%, around the middle of its 5-year range (2.11%–16.65%).
As of the fiscal period ended Wednesday, December 31, 2025. 24.61% below its 12-month average of 9.29%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
7.00%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
9.29%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
7.44%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
8.68%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
5.35%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
4.37%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
5.54%
CURRENT VS TTM AVG
-24.61%
CURRENT VS 3Y AVG
-5.91%
CURRENT VS 5Y AVG
-19.35%
CURRENT VS 10Y AVG
+30.93%
CURRENT VS 15Y AVG
+60.33%
CURRENT VS 20Y AVG
+26.32%
SECTOR MEDIAN · UTILITIES
4.06%
median of 43 covered companies
CURRENT VS SECTOR MEDIAN
+72.41%
vs the sector median at left
NRG Energy, Inc.
Market Cap
$25.71B
Return on Invested Capital (ROIC)
7.00%
TTM Avg
9.29%
3Y Avg
7.44%
5Y Avg
8.68%
Market Cap
$26.19B
Return on Invested Capital (ROIC)
4.06%
TTM Avg
3.82%
3Y Avg
3.55%
5Y Avg
2.90%
Market Cap
$26.28B
Return on Invested Capital (ROIC)
6.26%
TTM Avg
4.93%
3Y Avg
3.77%
5Y Avg
3.19%
Market Cap
$26.45B
Return on Invested Capital (ROIC)
4.21%
TTM Avg
4.23%
3Y Avg
4.13%
5Y Avg
4.06%
Market Cap
$26.79B
Return on Invested Capital (ROIC)
3.96%
TTM Avg
4.05%
3Y Avg
3.86%
5Y Avg
3.63%
Market Cap
$27.16B
Return on Invested Capital (ROIC)
4.68%
TTM Avg
3.93%
3Y Avg
3.96%
5Y Avg
3.80%
Market Cap
$27.59B
Return on Invested Capital (ROIC)
4.46%
TTM Avg
4.06%
3Y Avg
3.39%
5Y Avg
3.56%
Market Cap
$28.70B
Return on Invested Capital (ROIC)
4.58%
TTM Avg
4.67%
3Y Avg
4.43%
5Y Avg
4.37%
Market Cap
$28.98B
Return on Invested Capital (ROIC)
4.40%
TTM Avg
4.46%
3Y Avg
4.49%
5Y Avg
4.24%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| NRG Energy, Inc. (NRG) | $25.71B | 7.00% | 9.29% | 7.44% | 8.68% |
| PPL Corporation (PPL)vs › | $26.19B | 4.06% | 3.82% | 3.55% | 2.90% |
| Edison International (EIX)vs › | $26.28B | 6.26% | 4.93% | 3.77% | 3.19% |
| American Water Works Company, Inc. (AWK)vs › | $26.45B | 4.21% | 4.23% | 4.13% | 4.06% |
| CenterPoint Energy, Inc. (CNP)vs › | $26.79B | 3.96% | 4.05% | 3.86% | 3.63% |
| Eversource Energy (ES)vs › | $27.16B | 4.68% | 3.93% | 3.96% | 3.80% |
| FirstEnergy Corp. (FE)vs › | $27.59B | 4.46% | 4.06% | 3.39% | 3.56% |
| Atmos Energy Corporation (ATO)vs › | $28.70B | 4.58% | 4.67% | 4.43% | 4.37% |
| DTE Energy Company (DTE)vs › | $28.98B | 4.40% | 4.46% | 4.49% | 4.24% |
| CMS Energy Corporation (CMS)vs › | $22.33B | 3.67% | 3.70% | 3.60% | 3.68% |
ROIC
7.0%
ROE
17.5%
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 | 7.00% |
| 2024-12-31 | 11.57% |
| 2023-12-31 | 2.11% |
| 2022-12-31 | 9.08% |
| 2021-12-31 | 16.65% |
| 2020-12-31 | 5.67% |
| 2019-12-31 | 12.48% |
| 2018-12-31 | 11.65% |
| 2017-12-31 | -3.55% |
| 2016-12-31 | 0.12% |
| 2015-12-31 | -13.97% |
| 2014-12-31 | 3.44% |
| 2013-12-31 | 0.62% |
| 2012-12-31 | -30.01% |
| 2011-12-31 | -0.90% |
| 2010-12-31 | 3.52% |
| 2009-12-31 | 5.88% |
| 2008-12-31 | 7.25% |
| 2007-12-31 | 5.37% |
| 2006-12-31 | 5.08% |
| 2005-12-31 | 2.25% |
| 2004-12-31 | 3.64% |
| 2003-12-31 | 37.80% |
| 2002-12-31 | -26.03% |
| 2001-12-31 | 5.17% |
| 2000-12-31 | 5.51% |
| 1999-12-31 | 3.31% |
| 1998-12-31 | 4.56% |
| 1997-12-31 | -26.52% |
