Crown Castle (CCI) Return on Invested Capital [ROIC] (2009 - 2026)
Crown Castle's Return on Invested Capital [ROIC] came in at 10.36% for Q2 2026, up 1.23 percentage points from 9.12% a year earlier and up 1.61 percentage points from the prior quarter.
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Analysis
Crown Castle (CCI) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2025, Crown Castle's Return on Invested Capital [ROIC] was 8.77%, up 0.94 percentage points from FY2024.
- Return on Invested Capital [ROIC] carries a five-year change of +2.40 percentage points (FY2020 to FY2025).
- Going back by year, Return on Invested Capital [ROIC] was 7.84% in FY2024 (+0.79 pp), 7.05% in FY2023 (-1.22 pp), 8.27% in FY2022 (+1.45 pp) and 6.82% in FY2021 (+0.44 pp).
- The Q2 2026 figure represents the highest quarterly Return on Invested Capital [ROIC] in data going back to Q3 2009.
- Year-over-year, Return on Invested Capital [ROIC] increased in six of the last eight quarters, with an average year-over-year change of +1.19 percentage points.
- The fastest year-over-year change in Return on Invested Capital [ROIC] over five years came in Q2 2025 (a gain of 3.06 percentage points), and the weakest in Q2 2024 (a drop of 2.35 percentage points).
- Business Quant data shows CCI's Return on Invested Capital [ROIC] at 8.75% (Q1 2026), 8.98% (Q4 2025) and 9.14% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | American Tower | 88.16 Bn | 81.45 Bn | 2.75 Bn | 9.06% |
| 2 | Digital Realty Trust | 64.06 Bn | 55.52 Bn | - | 0.42% |
| 3 | Crown Castle | 37.63 Bn | 36.30 Bn | 982.00 Mn | 12.90% |
| 4 | Sba Communications | 20.14 Bn | 18.68 Bn | 542.40 Mn | 14.35% |
| 5 | Lamar Advertising | 16.21 Bn | 16.01 Bn | 422.53 Mn | 16.13% |
| 6 | OUTFRONT Media | 5.62 Bn | 5.35 Bn | 276.40 Mn | 12.10% |
| 7 | IHS Holding | 2.83 Bn | -731.89 Mn | 207.10 Mn | 20.48% |
| 8 | Array Digital Infrastructure | 2.63 Bn | 1.52 Bn | 30.57 Mn | 19.26% |
| 9 | Clear Channel Outdoor Holdings | 1.23 Bn | 518.82 Mn | 241.86 Mn | 17.66% |
| 10 | Fermi | 1.07 Bn | 212.33 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 12.90% |
| Jun 30, 2026 | 10.36% |
| Mar 31, 2026 | 8.75% |
| Dec 31, 2025 | 8.98% |
| Sep 30, 2025 | 9.14% |
| Jun 30, 2025 | 9.12% |
| Mar 31, 2025 | 8.87% |
| Dec 31, 2024 | 7.83% |
| Sep 30, 2024 | 6.25% |
| Jun 30, 2024 | 6.06% |
| Mar 31, 2024 | 6.65% |
| Dec 31, 2023 | 7.03% |
| Sep 30, 2023 | 8.01% |
| Jun 30, 2023 | 8.41% |
| Mar 31, 2023 | 8.21% |
| Dec 31, 2022 | 8.23% |
| Sep 30, 2022 | 7.74% |
| Jun 30, 2022 | 7.53% |
| Mar 31, 2022 | 7.31% |
| Dec 31, 2021 | 6.81% |
API Access
Crown Castle Return on Invested Capital [ROIC] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=CCI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "CCI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=CCI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();