Crown Castle (CCI)

NYSE Real Estate Telecom Tower REITs S&P 500
$88.60
-2.35 (-2.58%)
Close of Nov 06, 2026 · end-of-day data
Source: Crown Castle's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 05, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$688.00M$521.00M$574.00M$670.00M$520.00M$621.00M$697.00M$421.00M$192.00M$215.00M
Cost of revenue$417.00M$399.00M$434.00M$524.00M$1.93B$1.95B$2.02B$1.94B$1.81B$113.00M
Gross profit$271.00M$122.00M$140.00M$146.00M-$1.41B-$1.33B-$1.33B-$1.51B-$1.61B$102.00M
Selling, general & admin$371.00M$426.00M$563.00M$614.00M$678.00M$680.00M$750.00M$502.00M$435.00M$383.00M
Operating income$949.00M$967.00M$1.38B$1.56B$1.86B$2.00B$2.42B$2.10B$2.12B$2.08B
Interest expense$0$0$642.00M$683.00M$689.00M$657.00M-$699.00M$849.00M$932.00M$972.00M
Pre-tax income$374.00M$392.00M$641.00M$881.00M$1.08B$1.18B$1.69B$1.26B$1.18B$1.12B
Income tax-$17.00M-$26.00M-$19.00M-$21.00M$20.00M$21.00M$16.00M$21.00M$18.00M$16.00M
Net income$356.97M$444.55M$509.00M$747.00M$999.00M$1.10B$1.68B$1.50B-$3.90B$444.00M
EBITDA$2.06B$2.21B$2.91B$3.13B$3.47B$3.65B$4.13B$2.88B$2.85B$2.77B
EPS (basic)$0.95$0.80$1.23$1.80$2.36$2.54$3.87$3.46$-8.98$1.02
EPS (diluted)$0.95$0.80$1.23$1.79$2.35$2.53$3.86$3.46$-8.98$1.01
Diluted shares341.00M383.00M415.00M418.00M425.00M434.00M434.00M434.00M434.00M437.00M
Gross margin39.4%23.4%24.4%21.8%-270.6%-214.5%-190.4%-359.6%-840.6%47.4%
Operating margin137.9%185.6%240.9%232.7%358.3%322.2%347.9%498.1%1103.1%965.1%
Net margin51.9%85.3%88.7%111.5%192.1%176.5%240.3%356.8%-2032.8%206.5%

Balance sheet

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$568.00M$314.00M$277.00M$196.00M$232.00M$292.00M$156.00M$105.00M$100.00M$99.00M
Receivables$373.53M$398.00M$501.00M$596.00M$431.00M$543.00M$593.00M$481.00M$129.00M$172.00M
Total current assets$1.32B$1.13B$1.23B$1.20B$1.10B$1.25B$1.22B$1.03B$1.09B$1.14B
Goodwill$5.76B$10.02B$10.08B$10.08B$10.08B$10.08B$10.09B$10.09B$5.13B$5.13B
Total assets$22.68B$32.23B$32.76B$38.46B$38.77B$39.04B$38.92B$38.53B$32.74B$31.52B
Total current liabilities$961.36M$1.29B$1.51B$1.92B$1.97B$2.03B$2.73B$2.58B$2.18B$4.48B
Short-term debt$101.75M$115.00M$107.00M$100.00M$129.00M$72.00M$819.00M$835.00M$603.00M$2.78B
Long-term debt$12.17B$16.16B$16.68B$18.12B$19.28B$20.63B$21.73B$22.92B$24.08B$24.34B
Total debt$12.27B$16.27B$16.79B$18.22B$19.41B$20.70B$22.55B$23.76B$24.68B$27.12B
Total liabilities$15.12B$19.89B$21.19B$27.97B$29.31B$30.78B$31.47B$32.15B$32.87B$33.15B
Shareholders' equity$7.22B$11.93B$11.57B$10.49B$9.46B$8.26B$7.45B$6.38B-$133.00M-$1.64B

Cash flow

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$1.79B$2.03B$2.50B$2.70B$3.06B$2.79B$2.88B$3.13B$2.94B$3.06B
Capital expenditures$874.00M-$1.22B$1.74B$2.06B$1.62B$1.23B$1.31B$243.00M$176.00M$182.00M
Free cash flow$913.00M$815.00M$761.00M$641.00M$1.43B$1.56B$1.57B$2.88B$2.77B$2.88B
Investing cash flow-$1.43B-$10.48B-$1.79B-$2.08B-$1.74B-$1.33B-$1.35B-$1.52B-$1.22B-$1.16B
Financing cash flow-$89.00M$8.19B-$733.00M-$692.00M-$1.27B-$1.31B-$1.67B-$1.65B-$1.71B-$1.89B
Dividends paid$1.24B-$1.51B$1.78B$1.91B$2.10B$2.37B-$2.60B-$2.72B-$2.73B-$2.08B
Share buybacks$25.00M-$23.00M$34.00M$44.00M$76.00M$70.00M-$65.00M-$30.00M-$33.00M-$23.00M
Stock-based compensation$79.00M$92.00M$103.00M$117.00M$138.00M$129.00M$156.00M$102.00M$84.00M$73.00M
Depreciation & amortization$1.11B$1.24B$1.53B$1.57B$1.61B$1.64B$1.71B$787.00M$736.00M$690.00M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.