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 15.60% is 61% above its 5-year average of 9.68%, near the high end of its 5-year range (6.89%–15.60%).
As of the fiscal period ended Wednesday, December 31, 2025. 38.73% above its 12-month average of 11.24%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
15.60%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
11.24%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
9.32%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
9.68%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
6.67%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
6.82%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
6.69%
CURRENT VS TTM AVG
+38.73%
CURRENT VS 3Y AVG
+67.38%
CURRENT VS 5Y AVG
+61.13%
CURRENT VS 10Y AVG
+133.88%
CURRENT VS 15Y AVG
+128.74%
CURRENT VS 20Y AVG
+133.09%
SECTOR MEDIAN · BASIC MATERIALS
6.87%
median of 43 covered companies
CURRENT VS SECTOR MEDIAN
+127.07%
vs the sector median at left
Wheaton Precious Metals Corp.
Market Cap
$52.41B
Return on Invested Capital (ROIC)
15.60%
TTM Avg
11.24%
3Y Avg
9.32%
5Y Avg
9.68%
Market Cap
$52.38B
Return on Invested Capital (ROIC)
5.91%
TTM Avg
5.23%
3Y Avg
5.29%
5Y Avg
4.46%
Market Cap
$62.41B
Return on Invested Capital (ROIC)
6.74%
TTM Avg
7.30%
3Y Avg
14.93%
5Y Avg
15.58%
Market Cap
$63.24B
Return on Invested Capital (ROIC)
6.85%
TTM Avg
10.48%
3Y Avg
13.43%
5Y Avg
16.51%
Market Cap
$64.02B
Return on Invested Capital (ROIC)
13.70%
TTM Avg
10.16%
3Y Avg
7.31%
5Y Avg
7.33%
Market Cap
$65.63B
Return on Invested Capital (ROIC)
-1.82%
TTM Avg
4.05%
3Y Avg
5.72%
5Y Avg
6.36%
Market Cap
$66.04B
Return on Invested Capital (ROIC)
8.16%
TTM Avg
8.55%
3Y Avg
8.69%
5Y Avg
7.83%
Market Cap
$38.00B
Return on Invested Capital (ROIC)
8.19%
TTM Avg
9.84%
3Y Avg
17.62%
5Y Avg
18.48%
Market Cap
$36.99B
Return on Invested Capital (ROIC)
8.02%
TTM Avg
7.30%
3Y Avg
6.97%
5Y Avg
6.71%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Wheaton Precious Metals Corp. (WPM) | $52.41B | 15.60% | 11.24% | 9.32% | 9.68% |
| Corteva, Inc. (CTVA)vs › | $52.38B | 5.91% | 5.23% | 5.29% | 4.46% |
| Nucor Corporation (NUE)vs › | $62.41B | 6.74% | 7.30% | 14.93% | 15.58% |
| Vale S.A. (VALE)vs › | $63.24B | 6.85% | 10.48% | 13.43% | 16.51% |
| Barrick Mining Corporation (B)vs › | $64.02B | 13.70% | 10.16% | 7.31% | 7.33% |
| Air Products and Chemicals, Inc. (APD)vs › | $65.63B | -1.82% | 4.05% | 5.72% | 6.36% |
| CRH plc (CRH)vs › | $66.04B | 8.16% | 8.55% | 8.69% | 7.83% |
| Steel Dynamics, Inc. (STLD)vs › | $38.00B | 8.19% | 9.84% | 17.62% | 18.48% |
| Vulcan Materials Company (VMC)vs › | $36.99B | 8.02% | 7.30% | 6.97% | 6.71% |
| Martin Marietta Materials, Inc. (MLM)vs › | $33.39B | 6.87% | 9.44% | 8.60% | 8.05% |
ROIC
15.6%
ROE
19.4%
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 | 15.60% |
| 2024-12-31 | 6.89% |
| 2023-12-31 | 7.19% |
| 2022-12-31 | 7.60% |
| 2021-12-31 | 12.04% |
| 2020-12-31 | 8.77% |
| 2019-12-31 | 2.02% |
| 2018-12-31 | 3.66% |
| 2017-12-31 | 1.30% |
| 2016-12-31 | 4.79% |
| 2015-12-31 | 3.51% |
| 2014-12-31 | 6.67% |
| 2013-12-31 | 9.68% |
| 2012-12-31 | 19.42% |
| 2011-12-31 | 21.13% |
| 2010-12-31 | 5.76% |
| 2009-12-31 | 5.59% |
| 2008-12-31 | 5.80% |
| 2007-12-31 | 7.70% |
| 2006-12-31 | 12.59% |
| 2005-12-31 | 0.00% |
| 2004-12-31 | 0.00% |
| 2003-08-31 | 0.00% |
| 2002-08-31 | -3.72% |
| 2001-08-31 | 0.00% |
| 2000-08-31 | 2.30% |
| 1999-08-31 | 0.00% |
| 1998-08-31 | 0.00% |