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 9.60% is in line with its 5-year average of 9.04%, around the middle of its 5-year range (6.74%–11.65%).
As of the fiscal period ended Wednesday, December 31, 2025. 8.79% below its 12-month average of 10.53%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
9.60%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
10.53%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
9.89%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
9.04%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
9.69%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
9.21%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
8.72%
CURRENT VS TTM AVG
-8.79%
CURRENT VS 3Y AVG
-2.96%
CURRENT VS 5Y AVG
+6.18%
CURRENT VS 10Y AVG
-0.93%
CURRENT VS 15Y AVG
+4.23%
CURRENT VS 20Y AVG
+10.11%
SECTOR MEDIAN · REAL ESTATE
5.18%
median of 39 covered companies
CURRENT VS SECTOR MEDIAN
+85.33%
vs the sector median at left
Simon Property Group, Inc.
Market Cap
$76.45B
Return on Invested Capital (ROIC)
9.60%
TTM Avg
10.53%
3Y Avg
9.89%
5Y Avg
9.04%
Market Cap
$72.18B
Return on Invested Capital (ROIC)
N/A
TTM Avg
1.34%
3Y Avg
1.39%
5Y Avg
1.52%
Market Cap
$81.76B
Return on Invested Capital (ROIC)
9.25%
TTM Avg
8.95%
3Y Avg
7.26%
5Y Avg
6.84%
Market Cap
$61.37B
Return on Invested Capital (ROIC)
2.45%
TTM Avg
2.77%
3Y Avg
2.79%
5Y Avg
2.88%
Market Cap
$58.56B
Return on Invested Capital (ROIC)
13.14%
TTM Avg
11.78%
3Y Avg
12.31%
5Y Avg
12.13%
Market Cap
$102.68B
Return on Invested Capital (ROIC)
4.86%
TTM Avg
4.24%
3Y Avg
4.21%
5Y Avg
3.98%
Market Cap
$47.89B
Return on Invested Capital (ROIC)
3.20%
TTM Avg
3.09%
3Y Avg
2.54%
5Y Avg
2.43%
Market Cap
$43.41B
Return on Invested Capital (ROIC)
8.46%
TTM Avg
7.67%
3Y Avg
8.97%
5Y Avg
9.36%
Market Cap
$37.26B
Return on Invested Capital (ROIC)
5.72%
TTM Avg
5.25%
3Y Avg
5.60%
5Y Avg
5.77%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Simon Property Group, Inc. (SPG) | $76.45B | 9.60% | 10.53% | 9.89% | 9.04% |
| Digital Realty Trust, Inc. (DLR)vs › | $72.18B | N/A | 1.34% | 1.39% | 1.52% |
| American Tower Corporation (AMT)vs › | $81.76B | 9.25% | 8.95% | 7.26% | 6.84% |
| Realty Income Corporation (O)vs › | $61.37B | 2.45% | 2.77% | 2.79% | 2.88% |
| Public Storage (PSA)vs › | $58.56B | 13.14% | 11.78% | 12.31% | 12.13% |
| Equinix, Inc. (EQIX)vs › | $102.68B | 4.86% | 4.24% | 4.21% | 3.98% |
| Ventas, Inc. (VTR)vs › | $47.89B | 3.20% | 3.09% | 2.54% | 2.43% |
| CBRE Group, Inc. (CBRE)vs › | $43.41B | 8.46% | 7.67% | 8.97% | 9.36% |
| Iron Mountain Incorporated (IRM)vs › | $37.26B | 5.72% | 5.25% | 5.60% | 5.77% |
| Crown Castle Inc. (CCI)vs › | $33.93B | 10.44% | -1.30% | 2.71% | 3.63% |
ROIC
9.6%
ROE
96.3%
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 | 9.40% |
| 2024-12-31 | 11.65% |
| 2023-12-31 | 9.59% |
| 2022-12-31 | 8.93% |
| 2021-12-31 | 7.94% |
| 2020-12-31 | 6.74% |
| 2019-12-31 | 10.84% |
| 2018-12-31 | 11.07% |
| 2017-12-31 | 10.33% |
| 2016-12-31 | 10.04% |
| 2015-12-31 | 10.06% |
| 2014-12-31 | 9.26% |
| 2013-12-31 | 7.67% |
| 2012-12-31 | 7.13% |
| 2011-12-31 | 8.63% |
| 2010-12-31 | 8.08% |
| 2009-12-31 | 7.35% |
| 2008-12-31 | 7.41% |
| 2007-12-31 | 7.57% |
| 2006-12-31 | 7.02% |
| 2005-12-31 | 6.38% |
| 2004-12-31 | 6.08% |
| 2003-12-31 | 8.16% |
| 2002-12-31 | 7.99% |
| 2001-12-31 | 7.70% |
| 2000-12-31 | 8.30% |
| 1999-12-31 | 7.72% |
| 1998-12-31 | 5.71% |
| 1997-12-31 | 7.19% |
| 1996-12-31 | 23.04% |
