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 4.75% is in line with its 5-year average of 5.11%, around the middle of its 5-year range (-2.96%–12.83%).
As of the fiscal period ended Wednesday, December 31, 2025. 19.65% above its 12-month average of 3.97%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
4.75%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
3.97%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
7.78%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
5.11%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
5.39%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
5.16%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
+19.65%
CURRENT VS 3Y AVG
-38.93%
CURRENT VS 5Y AVG
-7.11%
CURRENT VS 10Y AVG
-11.89%
CURRENT VS 15Y AVG
-7.89%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
7.14%
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
-33.52%
vs the sector median at left
Phillips 66
Market Cap
$82.90B
Return on Invested Capital (ROIC)
4.75%
TTM Avg
3.97%
3Y Avg
7.78%
5Y Avg
5.11%
Market Cap
$83.79B
Return on Invested Capital (ROIC)
10.29%
TTM Avg
10.89%
3Y Avg
11.31%
5Y Avg
10.78%
Market Cap
$78.37B
Return on Invested Capital (ROIC)
10.34%
TTM Avg
12.04%
3Y Avg
11.73%
5Y Avg
9.77%
Market Cap
$77.97B
Return on Invested Capital (ROIC)
58.12%
TTM Avg
36.44%
3Y Avg
28.12%
5Y Avg
20.84%
Market Cap
$77.71B
Return on Invested Capital (ROIC)
14.20%
TTM Avg
14.64%
3Y Avg
16.89%
5Y Avg
14.14%
Market Cap
$76.03B
Return on Invested Capital (ROIC)
1.88%
TTM Avg
2.71%
3Y Avg
5.16%
5Y Avg
4.71%
Market Cap
$89.82B
Return on Invested Capital (ROIC)
7.12%
TTM Avg
6.89%
3Y Avg
15.02%
5Y Avg
10.37%
Market Cap
$90.28B
Return on Invested Capital (ROIC)
7.03%
TTM Avg
7.14%
3Y Avg
12.45%
5Y Avg
6.94%
Market Cap
$90.50B
Return on Invested Capital (ROIC)
6.16%
TTM Avg
5.63%
3Y Avg
5.89%
5Y Avg
5.28%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Phillips 66 (PSX) | $82.90B | 4.75% | 3.97% | 7.78% | 5.11% |
| Enterprise Products Partners L.P. (EPD)vs › | $83.79B | 10.29% | 10.89% | 11.31% | 10.78% |
| Slb N.V. (SLB)vs › | $78.37B | 10.34% | 12.04% | 11.73% | 9.77% |
| EOG Resources, Inc. (EOG)vs › | $77.97B | 58.12% | 36.44% | 28.12% | 20.84% |
| Suncor Energy Inc. (SU)vs › | $77.71B | 14.20% | 14.64% | 16.89% | 14.14% |
| Eni S.p.A. (E)vs › | $76.03B | 1.88% | 2.71% | 5.16% | 4.71% |
| Valero Energy Corporation (VLO)vs › | $89.82B | 7.12% | 6.89% | 15.02% | 10.37% |
| Marathon Petroleum Corporation (MPC)vs › | $90.28B | 7.03% | 7.14% | 12.45% | 6.94% |
| The Williams Companies, Inc. (WMB)vs › | $90.50B | 6.16% | 5.63% | 5.89% | 5.28% |
| Kinder Morgan, Inc. (KMI)vs › | $73.11B | 5.33% | 5.22% | 5.08% | 4.66% |
ROIC
4.8%
ROE
14.4%
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 | 4.75% |
| 2024-12-31 | 3.19% |
| 2023-12-31 | 10.34% |
| 2022-12-31 | 12.83% |
| 2021-12-31 | 2.53% |
| 2020-12-31 | -2.96% |
| 2019-12-31 | 5.47% |
| 2018-12-31 | 8.75% |
| 2017-12-31 | 4.55% |
| 2016-12-31 | 2.69% |
| 2015-12-31 | 7.16% |
| 2014-12-31 | 4.65% |
| 2013-12-31 | 4.45% |
| 2012-12-31 | 7.89% |
| 2011-12-31 | 4.29% |
| 2010-12-31 | 1.93% |
| 2009-12-31 | -0.67% |
