return on invested capital

also referred to as: roic

3 statements across 2 episodes · 1 bullish · 1 bearish · 2 people on the record · first statement Dec 15, 2025 by David George · across every show →

Everything said about return on invested capital, oldest first

Dec 15, 2025 negative
Assertion Partly supported
Russell 2500 average return on invested capital halved over 30 years
“The ROIC of the Russell 2500 over the last 30 years, it's gone from seven and a half percent steadily down to three percent. So like more than cut in half.”
David George Dec 15, 2025 ▶ 12:11 a16z's David George on the Most Controversial Bet at a16z & Do Margins and Revenue Matter in AI? · 20VC with Harry Stebbings
Dec 15, 2025 neutral
Insight
Return on invested capital is the single best metric for evaluating companies
“The number one way to measure a company is ultimately return on invested capital.”
David George Dec 15, 2025 ▶ 32:57 a16z's David George on the Most Controversial Bet at a16z & Do Margins and Revenue Matter in AI? · 20VC with Harry Stebbings
Feb 23, 2026 bullish
Assertion Not checkable as stated
Swisher: Rapid growth-stage venture funding is backed by real ROIC
“For the companies that are explosively growing at the growth stage and have real product market fit, real product, real traction, I don't think so, right? You look at these companies that raise really rapid rounds in succession at the growth stage that actuall…”
Lucas Swisher Feb 23, 2026 ▶ 42:10 Insights from Coatue's Growth Investor Lucas Swisher · 20VC with Harry Stebbings
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