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Crown CastleFRA:8CW -0.73%61 3-Year ROIIC % is 6.76 as of Dec. 2025, which is 10% below its 10-year median of 7.48. GuruFocus rates FRA:8CW with a GF Score™ of 61/100 and a GF Value™ of €76.86 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 693 REITs companies, Crown Castle ranks better than 69.12% on this metric.
3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Crown Castle's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 6.76%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Crown Castle's 3-Year ROIIC % or its related term are showing as below:
FRA:8CW's 3-Year ROIIC % is ranked better than 69.12% of 693
companies
in the REITs industry
Industry Median: 3.52
vs FRA:8CW: 6.76
Crown Castle (FRA:8CW) 3-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Crown Castle 3-Year ROIIC % Related Terms
Crown Castle 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Crown Castle's 3-Year ROIIC % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FRA:8CW vs IRM, SBAC, WY: 3-Year ROIIC % Comparison
For the REIT - Specialty subindustry, Crown Castle's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Crown Castle 3-Year ROIIC % vs REITs Industry
For the REITs industry and Real Estate sector, Crown Castle's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Crown Castle's 3-Year ROIIC % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Crown Castle (FRA:8CW) has a 3-Year ROIIC % of 6.76 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Crown Castle and its competitors. This is 10% below median its historical median of 7.48. According to the industry distribution chart, Crown Castle ranks #214 out of 693 companies in the REITs industry, placing it in the top 30.9%.
Is Crown Castle's 3-Year ROIIC % too high?
Crown Castle's current 3-Year ROIIC % of 6.76 is 10% below median its 10-year median of 7.48. The REITs industry median 3-Year ROIIC % is 3.52. Crown Castle's value of 6.76 is 92% above this industry median. Based on the distribution chart, Crown Castle ranks #214 out of 693 companies in the REITs industry, which is above the industry midpoint. Overall, Crown Castle has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Crown Castle's 3-Year ROIIC % compare to IRM and SBAC?
According to the REITs industry distribution chart, Crown Castle ranks #214 out of 693 companies for 3-Year ROIIC %. This puts Crown Castle in the upper half of its industry. The industry median 3-Year ROIIC % is 3.52. Crown Castle's value of 6.76 is 92% above this benchmark. While the company's 10-year median is 7.48 vs. the industry median of 3.52, Crown Castle has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for a REITs company?
The median 3-Year ROIIC % among REITs companies is 3.52, based on 693 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Crown Castle's current 3-Year ROIIC % of 6.76 is 92% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Crown Castle and its competitors. For the REITs industry, the median 3-Year ROIIC % is 3.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Crown Castle's current 3-Year ROIIC % is 6.76, which is 10% below median its own 10-year median of 7.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Crown Castle stock overvalued right now?
Based on GuruFocus' analysis, Crown Castle (FRA:8CW) is currently considered Modestly Undervalued. The stock's GF Value™ is €76.86, compared to a current price of €68.00 — trading 11.5% below its estimated fair value. The current 3-Year ROIIC % is 6.76, which is 10% below median its 10-year median of 7.48 and 92% above the REITs industry median of 3.52. Crown Castle's overall GF Score™ is 61/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Crown Castle (FRA:8CW), the current 3-Year ROIIC % is 6.76 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Crown Castle (FRA:8CW) Overvalued in 2026?
Based on GuruFocus' analysis, Crown Castle stock appears to be undervalued.
The current stock price of €68.00 is trading 11.5% below its estimated GF Value™ of €76.86.
GuruFocus considers Crown Castle to be Modestly Undervalued.
Key valuation signals for FRA:8CW:
3-Year ROIIC %: 6.76 (10% below median its 10-year median of 7.48)
GF Value™: €76.86 vs. price of €68.00 (11.5% below fair value)
Industry Position: 92% above the REITs median (#214 of 693)
No single metric tells the full story. See the FRA:8CW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Crown Castle owns or manages roughly 40,000 wireless towers in the United States. It leases space on its towers to wireless service providers, which install equipment to support their wireless networks. The company has a very concentrated customer base, with about 90% of its revenue from the Big Three US mobile carriers: Verizon, T-Mobile, and AT&T. Crown Castle has plans to divest its fiber business, which is expected to be finalized in the first half of 2026. After that, it will be a stand-alone tower operator. Crown Castle operates as a real estate investment trust.
61GF Score
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