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 10.40% is 25% below its 5-year average of 13.95%, near the low end of its 5-year range (10.40%–18.66%).
As of the fiscal period ended Wednesday, December 31, 2025. 7.18% below its 12-month average of 11.21%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
10.40%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
11.21%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
13.32%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
13.95%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
13.80%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
13.94%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
13.75%
CURRENT VS TTM AVG
-7.18%
CURRENT VS 3Y AVG
-21.92%
CURRENT VS 5Y AVG
-25.44%
CURRENT VS 10Y AVG
-24.64%
CURRENT VS 15Y AVG
-25.41%
CURRENT VS 20Y AVG
-24.38%
SECTOR MEDIAN · INDUSTRIALS
9.03%
median of 133 covered companies
CURRENT VS SECTOR MEDIAN
+15.17%
vs the sector median at left
United Parcel Service, Inc.
Market Cap
$85.70B
Return on Invested Capital (ROIC)
10.40%
TTM Avg
11.21%
3Y Avg
13.32%
5Y Avg
13.95%
Market Cap
$87.47B
Return on Invested Capital (ROIC)
8.68%
TTM Avg
7.82%
3Y Avg
7.36%
5Y Avg
6.62%
Market Cap
$82.86B
Return on Invested Capital (ROIC)
7.26%
TTM Avg
6.33%
3Y Avg
6.08%
5Y Avg
7.56%
Market Cap
$82.39B
Return on Invested Capital (ROIC)
23.39%
TTM Avg
23.17%
3Y Avg
21.34%
5Y Avg
19.82%
Market Cap
$89.02B
Return on Invested Capital (ROIC)
11.53%
TTM Avg
12.46%
3Y Avg
10.54%
5Y Avg
11.94%
Market Cap
$81.99B
Return on Invested Capital (ROIC)
5.09%
TTM Avg
4.89%
3Y Avg
1.62%
5Y Avg
3.59%
Market Cap
$81.42B
Return on Invested Capital (ROIC)
24.49%
TTM Avg
25.84%
3Y Avg
24.99%
5Y Avg
22.94%
Market Cap
$91.71B
Return on Invested Capital (ROIC)
11.41%
TTM Avg
12.55%
3Y Avg
9.89%
5Y Avg
10.37%
Market Cap
$78.76B
Return on Invested Capital (ROIC)
7.47%
TTM Avg
7.37%
3Y Avg
7.63%
5Y Avg
7.86%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| United Parcel Service, Inc. (UPS) | $85.70B | 10.40% | 11.21% | 13.32% | 13.95% |
| Johnson Controls International plc (JCI)vs › | $87.47B | 8.68% | 7.82% | 7.36% | 6.62% |
| Emerson Electric Co. (EMR)vs › | $82.86B | 7.26% | 6.33% | 6.08% | 7.56% |
| Cintas Corporation (CTAS)vs › | $82.39B | 23.39% | 23.17% | 21.34% | 19.82% |
| 3M Company (MMM)vs › | $89.02B | 11.53% | 12.46% | 10.54% | 11.94% |
| Canadian Pacific Kansas City Ltd. (CP)vs › | $81.99B | 5.09% | 4.89% | 1.62% | 3.59% |
| Illinois Tool Works Inc. (ITW)vs › | $81.42B | 24.49% | 25.84% | 24.99% | 22.94% |
| Cummins Inc. (CMI)vs › | $91.71B | 11.41% | 12.55% | 9.89% | 10.37% |
| Norfolk Southern Corporation (NSC)vs › | $78.76B | 7.47% | 7.37% | 7.63% | 7.86% |
| Canadian National Railway Company (CNI)vs › | $78.54B | 8.90% | 8.82% | 9.96% | 9.68% |
ROIC
10.4%
ROE
33.3%
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 | 10.40% |
| 2024-12-31 | 12.01% |
| 2023-12-31 | 12.81% |
| 2022-12-31 | 18.06% |
| 2021-12-31 | 18.66% |
| 2020-12-31 | 11.75% |
| 2019-12-31 | 13.33% |
| 2018-12-31 | 14.54% |
| 2017-12-31 | 13.95% |
| 2016-12-31 | 10.50% |
| 2015-12-31 | 15.80% |
| 2014-12-31 | 14.29% |
| 2013-12-31 | 15.78% |
| 2012-12-31 | 3.21% |
| 2011-12-31 | 14.32% |
| 2010-12-31 | 12.93% |
| 2009-12-31 | 9.32% |
| 2008-12-31 | 13.64% |
| 2007-12-31 | 2.37% |
| 2006-12-31 | 15.62% |
| 2005-12-31 | 13.61% |
| 2004-12-31 | 12.56% |
| 2003-12-31 | 11.84% |
| 2002-12-31 | 12.15% |
| 2001-12-31 | 11.89% |
| 2000-12-31 | 15.40% |
| 1999-12-31 | 8.72% |
| 1998-12-31 | 13.47% |
