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 10.33% is 185% above its 5-year average of 3.63%, near the high end of its 5-year range (-10.01%–10.33%).
As of the fiscal period ended Wednesday, December 31, 2025. 894.62% above its 12-month average of -1.30%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
10.33%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-1.30%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
2.71%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
3.63%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
3.99%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
5.39%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
4.71%
CURRENT VS TTM AVG
+894.62%
CURRENT VS 3Y AVG
+280.83%
CURRENT VS 5Y AVG
+184.97%
CURRENT VS 10Y AVG
+159.02%
CURRENT VS 15Y AVG
+91.77%
CURRENT VS 20Y AVG
+119.20%
SECTOR MEDIAN · REAL ESTATE
5.75%
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
+79.50%
vs the sector median at left
Crown Castle Inc.
Market Cap
$33.34B
Return on Invested Capital (ROIC)
10.33%
TTM Avg
-1.30%
3Y Avg
2.71%
5Y Avg
3.63%
Market Cap
$31.28B
Return on Invested Capital (ROIC)
11.83%
TTM Avg
4.90%
3Y Avg
5.96%
5Y Avg
6.98%
Market Cap
$36.39B
Return on Invested Capital (ROIC)
5.72%
TTM Avg
5.25%
3Y Avg
5.60%
5Y Avg
5.77%
Market Cap
$29.01B
Return on Invested Capital (ROIC)
10.00%
TTM Avg
8.10%
3Y Avg
7.15%
5Y Avg
7.17%
Market Cap
$26.37B
Return on Invested Capital (ROIC)
7.34%
TTM Avg
4.48%
3Y Avg
4.38%
5Y Avg
4.11%
Market Cap
$24.91B
Return on Invested Capital (ROIC)
4.61%
TTM Avg
7.53%
3Y Avg
8.36%
5Y Avg
8.17%
Market Cap
$42.51B
Return on Invested Capital (ROIC)
7.10%
TTM Avg
7.67%
3Y Avg
8.97%
5Y Avg
9.36%
Market Cap
$45.46B
Return on Invested Capital (ROIC)
1.34%
TTM Avg
3.09%
3Y Avg
2.54%
5Y Avg
2.43%
Market Cap
$19.20B
Return on Invested Capital (ROIC)
11.03%
TTM Avg
12.45%
3Y Avg
10.60%
5Y Avg
9.73%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Crown Castle Inc. (CCI) | $33.34B | 10.33% | -1.30% | 2.71% | 3.63% |
| Extra Space Storage Inc. (EXR)vs › | $31.28B | 11.83% | 4.90% | 5.96% | 6.98% |
| Iron Mountain Incorporated (IRM)vs › | $36.39B | 5.72% | 5.25% | 5.60% | 5.77% |
| VICI Properties Inc. (VICI)vs › | $29.01B | 10.00% | 8.10% | 7.15% | 7.17% |
| AvalonBay Communities, Inc. (AVB)vs › | $26.37B | 7.34% | 4.48% | 4.38% | 4.11% |
| Equity Residential (EQR)vs › | $24.91B | 4.61% | 7.53% | 8.36% | 8.17% |
| CBRE Group, Inc. (CBRE)vs › | $42.51B | 7.10% | 7.67% | 8.97% | 9.36% |
| Ventas, Inc. (VTR)vs › | $45.46B | 1.34% | 3.09% | 2.54% | 2.43% |
| SBA Communications Corporation (SBAC)vs › | $19.20B | 11.03% | 12.45% | 10.60% | 9.73% |
| Essex Property Trust, Inc. (ESS)vs › | $18.26B | 10.69% | 6.28% | 5.70% | 5.18% |
ROIC
10.3%
ROE
-27.2%
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 | 7.41% |
| 2024-12-31 | -10.01% |
| 2023-12-31 | 6.64% |
| 2022-12-31 | 6.81% |
| 2021-12-31 | 5.62% |
| 2020-12-31 | 5.28% |
| 2019-12-31 | 4.45% |
| 2018-12-31 | 4.80% |
| 2017-12-31 | 3.20% |
| 2016-12-31 | 4.73% |
| 2015-12-31 | 4.94% |
| 2014-12-31 | 5.09% |
| 2013-12-31 | 2.65% |
| 2012-12-31 | 5.92% |
| 2011-12-31 | 6.95% |
| 2010-12-31 | 6.31% |
| 2009-12-31 | 4.96% |
| 2008-12-31 | 3.38% |
| 2007-12-31 | 1.09% |
| 2006-12-31 | 3.30% |
| 2005-12-31 | 0.72% |
| 2004-12-31 | -0.87% |
| 2003-12-31 | -1.39% |
| 2002-12-31 | -2.60% |
| 2001-12-31 | -1.25% |
| 2000-12-31 | 0.11% |
| 1999-12-31 | 0.32% |
| 1998-12-31 | -0.01% |
| 1997-12-31 | -1.12% |
