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 10.75% is in line with its 5-year average of 10.59%, around the middle of its 5-year range (8.59%–12.30%).
As of the fiscal period ended Wednesday, December 31, 2025. 4.44% below its 12-month average of 11.25%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
10.75%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
11.25%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
11.45%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
10.59%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
9.95%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
9.26%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
9.14%
CURRENT VS TTM AVG
-4.44%
CURRENT VS 3Y AVG
-6.07%
CURRENT VS 5Y AVG
+1.51%
CURRENT VS 10Y AVG
+8.08%
CURRENT VS 15Y AVG
+16.08%
CURRENT VS 20Y AVG
+17.66%
SECTOR MEDIAN · INDUSTRIALS
9.22%
median of 129 covered companies
CURRENT VS SECTOR MEDIAN
+16.59%
vs the sector median at left
United Rentals, Inc.
Market Cap
$69.76B
Return on Invested Capital (ROIC)
10.75%
TTM Avg
11.25%
3Y Avg
11.45%
5Y Avg
10.59%
Market Cap
$69.72B
Return on Invested Capital (ROIC)
15.22%
TTM Avg
14.50%
3Y Avg
12.67%
5Y Avg
11.39%
Market Cap
$69.57B
Return on Invested Capital (ROIC)
1.89%
TTM Avg
1.48%
3Y Avg
-6.32%
5Y Avg
-6.80%
Market Cap
$68.81B
Return on Invested Capital (ROIC)
6.15%
TTM Avg
8.32%
3Y Avg
10.45%
5Y Avg
8.19%
Market Cap
$66.22B
Return on Invested Capital (ROIC)
8.83%
TTM Avg
9.05%
3Y Avg
8.39%
5Y Avg
7.99%
Market Cap
$74.16B
Return on Invested Capital (ROIC)
9.22%
TTM Avg
9.07%
3Y Avg
9.79%
5Y Avg
9.60%
Market Cap
$75.91B
Return on Invested Capital (ROIC)
7.47%
TTM Avg
7.37%
3Y Avg
7.63%
5Y Avg
7.86%
Market Cap
$62.38B
Return on Invested Capital (ROIC)
27.73%
TTM Avg
28.16%
3Y Avg
29.01%
5Y Avg
25.86%
Market Cap
$77.25B
Return on Invested Capital (ROIC)
8.90%
TTM Avg
8.82%
3Y Avg
9.96%
5Y Avg
9.68%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| United Rentals, Inc. (URI) | $69.76B | 10.75% | 11.25% | 11.45% | 10.59% |
| TransDigm Group Incorporated (TDG)vs › | $69.72B | 15.22% | 14.50% | 12.67% | 11.39% |
| Bloom Energy Corporation (BE)vs › | $69.57B | 1.89% | 1.48% | -6.32% | -6.80% |
| PACCAR Inc (PCAR)vs › | $68.81B | 6.15% | 8.32% | 10.45% | 8.19% |
| Republic Services, Inc. (RSG)vs › | $66.22B | 8.83% | 9.05% | 8.39% | 7.99% |
| Honeywell International Inc. (HON)vs › | $74.16B | 9.22% | 9.07% | 9.79% | 9.60% |
| Norfolk Southern Corporation (NSC)vs › | $75.91B | 7.47% | 7.37% | 7.63% | 7.86% |
| W.W. Grainger, Inc. (GWW)vs › | $62.38B | 27.73% | 28.16% | 29.01% | 25.86% |
| Canadian National Railway Company (CNI)vs › | $77.25B | 8.90% | 8.82% | 9.96% | 9.68% |
| Comfort Systems USA, Inc. (FIX)vs › | $60.77B | 33.59% | 30.38% | 24.94% | 20.63% |
ROIC
10.8%
ROE
28.6%
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 | 10.75% |
| 2024-12-31 | 11.75% |
| 2023-12-31 | 12.30% |
| 2022-12-31 | 10.98% |
| 2021-12-31 | 9.17% |
| 2020-12-31 | 8.59% |
| 2019-12-31 | 9.38% |
| 2018-12-31 | 8.86% |
| 2017-12-31 | 11.54% |
| 2016-12-31 | 7.96% |
| 2015-12-31 | 8.13% |
| 2014-12-31 | 7.89% |
| 2013-12-31 | 6.92% |
| 2012-12-31 | 6.96% |
| 2011-12-31 | 7.73% |
| 2010-12-31 | 2.50% |
| 2009-12-31 | 2.31% |
| 2008-12-31 | 12.11% |
| 2007-12-31 | 7.75% |
| 2006-12-31 | 8.01% |
| 2005-12-31 | 6.81% |
| 2004-12-31 | 8.68% |
| 2003-12-31 | 0.69% |
| 2002-12-31 | 2.50% |
| 2001-12-31 | 5.48% |
| 2000-12-31 | 6.59% |
| 1999-12-31 | 5.68% |
| 1998-12-31 | 3.41% |