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 18.11% is 28% above its 5-year average of 14.17%, near the high end of its 5-year range (-12.16%–28.35%).
As of the fiscal period ended Wednesday, December 31, 2025. 22.04% below its 12-month average of 23.23%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
18.11%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
23.23%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
22.73%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
14.17%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
-22.04%
CURRENT VS 3Y AVG
-20.33%
CURRENT VS 5Y AVG
+27.78%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · CONSUMER CYCLICAL
9.87%
median of 87 covered companies
CURRENT VS SECTOR MEDIAN
+83.49%
vs the sector median at left
PDD Holdings Inc.
Market Cap
$132.38B
Return on Invested Capital (ROIC)
18.11%
TTM Avg
23.23%
3Y Avg
22.73%
5Y Avg
14.17%
Market Cap
$122.70B
Return on Invested Capital (ROIC)
20.42%
TTM Avg
23.48%
3Y Avg
27.58%
5Y Avg
28.23%
Market Cap
$119.30B
Return on Invested Capital (ROIC)
8.48%
TTM Avg
12.44%
3Y Avg
15.12%
5Y Avg
13.40%
Market Cap
$109.62B
Return on Invested Capital (ROIC)
19.16%
TTM Avg
18.93%
3Y Avg
18.27%
5Y Avg
2.36%
Market Cap
$106.93B
Return on Invested Capital (ROIC)
3.76%
TTM Avg
8.93%
3Y Avg
-227.41%
5Y Avg
-149.95%
Market Cap
$164.96B
Return on Invested Capital (ROIC)
50.82%
TTM Avg
47.48%
3Y Avg
38.26%
5Y Avg
27.16%
Market Cap
$92.49B
Return on Invested Capital (ROIC)
N/A
TTM Avg
14.75%
3Y Avg
13.57%
5Y Avg
9.51%
Market Cap
$90.86B
Return on Invested Capital (ROIC)
15.59%
TTM Avg
15.33%
3Y Avg
16.05%
5Y Avg
12.10%
Market Cap
$175.43B
Return on Invested Capital (ROIC)
21.50%
TTM Avg
21.31%
3Y Avg
20.40%
5Y Avg
17.05%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| PDD Holdings Inc. (PDD) | $132.38B | 18.11% | 23.23% | 22.73% | 14.17% |
| Lowe's Companies, Inc. (LOW)vs › | $122.70B | 20.42% | 23.48% | 27.58% | 28.23% |
| Starbucks Corporation (SBUX)vs › | $119.30B | 8.48% | 12.44% | 15.12% | 13.40% |
| Airbnb, Inc. (ABNB)vs › | $109.62B | 19.16% | 18.93% | 18.27% | 2.36% |
| BYD Company Limited (BYDDY)vs › | $106.93B | 3.76% | 8.93% | -227.41% | -149.95% |
| Booking Holdings Inc. (BKNG)vs › | $164.96B | 50.82% | 47.48% | 38.26% | 27.16% |
| MercadoLibre, Inc. (MELI)vs › | $92.49B | N/A | 14.75% | 13.57% | 9.51% |
| Marriott International, Inc. (MAR)vs › | $90.86B | 15.59% | 15.33% | 16.05% | 12.10% |
| The TJX Companies, Inc. (TJX)vs › | $175.43B | 21.50% | 21.31% | 20.40% | 17.05% |
| Royal Caribbean Cruises Ltd. (RCL)vs › | $82.60B | 14.90% | 14.54% | 9.19% | 1.15% |
ROIC
18.1%
ROE
22.1%
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 | 18.11% |
| 2024-12-31 | 28.35% |
| 2023-12-31 | 24.83% |
| 2022-12-31 | 19.63% |
| 2021-12-31 | 6.28% |
| 2020-12-31 | -12.16% |
| 2019-12-31 | -27.28% |
| 2018-12-31 | -57.38% |
| 2017-12-31 | -49.44% |
| 2016-12-31 | -80.29% |
