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 14.90% is 1192% above its 5-year average of 1.15%, near the high end of its 5-year range (-15.65%–14.90%).
As of the fiscal period ended Wednesday, December 31, 2025. 2.44% above its 12-month average of 14.54%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
14.90%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
14.54%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
9.19%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
1.15%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
4.14%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
7.72%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
5.14%
CURRENT VS TTM AVG
+2.44%
CURRENT VS 3Y AVG
+62.18%
CURRENT VS 5Y AVG
+1191.91%
CURRENT VS 10Y AVG
+259.98%
CURRENT VS 15Y AVG
+92.97%
CURRENT VS 20Y AVG
+190.12%
SECTOR MEDIAN · CONSUMER CYCLICAL
9.98%
median of 88 covered companies
CURRENT VS SECTOR MEDIAN
+49.30%
vs the sector median at left
Royal Caribbean Cruises Ltd.
Market Cap
$85.82B
Return on Invested Capital (ROIC)
14.90%
TTM Avg
14.54%
3Y Avg
9.19%
5Y Avg
1.15%
Market Cap
$81.87B
Return on Invested Capital (ROIC)
17.10%
TTM Avg
16.96%
3Y Avg
16.07%
5Y Avg
14.27%
Market Cap
$92.29B
Return on Invested Capital (ROIC)
15.59%
TTM Avg
15.33%
3Y Avg
16.05%
5Y Avg
12.10%
Market Cap
$92.30B
Return on Invested Capital (ROIC)
11.78%
TTM Avg
14.75%
3Y Avg
13.57%
5Y Avg
9.51%
Market Cap
$79.21B
Return on Invested Capital (ROIC)
1.16%
TTM Avg
2.58%
3Y Avg
3.32%
5Y Avg
3.26%
Market Cap
$77.71B
Return on Invested Capital (ROIC)
-33.47%
TTM Avg
-10.07%
3Y Avg
-10.05%
5Y Avg
-9.05%
Market Cap
$77.51B
Return on Invested Capital (ROIC)
33.05%
TTM Avg
34.65%
3Y Avg
36.45%
5Y Avg
35.13%
Market Cap
$72.52B
Return on Invested Capital (ROIC)
19.82%
TTM Avg
19.45%
3Y Avg
18.50%
5Y Avg
16.60%
Market Cap
$71.48B
Return on Invested Capital (ROIC)
11.29%
TTM Avg
13.84%
3Y Avg
13.21%
5Y Avg
9.40%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Royal Caribbean Cruises Ltd. (RCL) | $85.82B | 14.90% | 14.54% | 9.19% | 1.15% |
| Ross Stores, Inc. (ROST)vs › | $81.87B | 17.10% | 16.96% | 16.07% | 14.27% |
| Marriott International, Inc. (MAR)vs › | $92.29B | 15.59% | 15.33% | 16.05% | 12.10% |
| MercadoLibre, Inc. (MELI)vs › | $92.30B | 11.78% | 14.75% | 13.57% | 9.51% |
| General Motors Company (GM)vs › | $79.21B | 1.16% | 2.58% | 3.32% | 3.26% |
| Carvana Co. (CVNA)vs › | $77.71B | -33.47% | -10.07% | -10.05% | -9.05% |
| O'Reilly Automotive, Inc. (ORLY)vs › | $77.51B | 33.05% | 34.65% | 36.45% | 35.13% |
| Ferrari N.V. (RACE)vs › | $72.52B | 19.82% | 19.45% | 18.50% | 16.60% |
| Hilton Worldwide Holdings Inc. (HLT)vs › | $71.48B | 11.29% | 13.84% | 13.21% | 9.40% |
| Sea Limited (SE)vs › | $68.10B | 8.10% | 5.54% | -0.59% | -6.30% |
ROIC
14.9%
ROE
43.0%
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 | 14.90% |
| 2024-12-31 | 14.19% |
| 2023-12-31 | 10.46% |
| 2022-12-31 | -2.80% |
| 2021-12-31 | -14.18% |
| 2020-12-31 | -15.65% |
| 2019-12-31 | 8.30% |
| 2018-12-31 | 8.24% |
| 2017-12-31 | 9.33% |
| 2016-12-31 | 7.71% |
| 2015-12-31 | 5.03% |
| 2014-12-31 | 5.33% |
| 2013-12-31 | 4.60% |
| 2012-12-31 | 2.33% |
| 2011-12-31 | 5.36% |
| 2010-12-31 | 4.60% |
| 2009-12-31 | 0.00% |
| 2008-12-31 | 0.00% |
| 2007-12-31 | 0.00% |
| 2006-12-31 | 0.00% |
| 2005-12-31 | 0.00% |
| 2004-12-31 | 0.00% |
| 2003-12-31 | 0.00% |
| 2002-12-31 | 0.00% |
| 2001-12-31 | 0.00% |
| 2000-12-31 | 0.00% |
| 1999-12-31 | 0.00% |
| 1998-12-31 | 0.00% |
| 1997-12-31 | 0.00% |
| 1996-12-31 | 0.00% |
