We own, operate and lease shared communications infrastructure that is geographically dispersed throughout the U.S., including (1) more than 40,000 towers and other structures, such as rooftops (collectively, "towers"), (2) approximately 105,000 small cell nodes either currently generating revenue or under contract and (3) approximately 90,000 route miles of fiber primarily supporting small cells and fiber solutions. We refer to our towers, small cells and fiber assets collectively as "communications infrastructure," and, at times, to our customers on our communications infrastructure as "tenants." Our operating segments historically consisted of (1) Towers and (2) Fiber, which includes both small cells and fiber solutions. On March 13, 2025, management signed a definitive agreement ("Strategic Fiber Agreement") to sell our Fiber segment, together with certain supporting assets and personnel ("Fiber Business"), with Zayo Group Holdings Inc.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 4.3B | 4.3B | 4.5B | 7.0B | 7.0B | 6.3B |
| Net Income | 444M | 444M | -3.9B | 1.5B | 1.7B | 1.2B |
| EPS | $1.01 | $1.01 | $-8.98 | $3.46 | $3.86 | $2.53 |
| Free Cash Flow | 2.9B | 2.9B | 1.7B | 1.7B | 1.6B | 1.6B |
| ROIC | 6.5% | 7.5% | 7.2% | 7.0% | 8.2% | 6.9% |
| Gross Margin | 53.3% | 53.3% | 78.1% | 52.3% | 55.5% | 52.6% |
| Debt/Equity | 0.00 | -19.79 | -225.44 | 3.72 | 3.03 | 2.51 |
| Dividends/Share | $4.73 | $4.75 | $6.26 | $6.26 | $5.98 | $5.46 |
| Operating Income | 2.1B | 2.1B | 2.1B | 2.1B | 2.4B | 2.0B |
| Operating Margin | 48.7% | 48.7% | 47.5% | 30.0% | 34.7% | 31.6% |
| ROE | 0.0% | -50.2% | -124.9% | 21.7% | 21.5% | 13.3% |
| Shares Outstanding | 440M | 440M | 435M | 434M | 438M | 466M |
CROWN CASTLE INC. passes 4 of 9 quality checks, suggesting mixed fundamentals.
CROWN CASTLE INC. trades at 86.2x trailing earnings, compared to its 15-year median P/E of 62.8x, suggesting it is currently Expensive relative to its historical range. On a free-cash-flow basis, the stock trades at 13.2x vs a median of 34.4x. The company's 5-year average ROIC is 7.4% with a gross margin of 58.4%. Total shareholder yield (dividends) is 5.5%. At current prices, the estimated annualized return to fair value is +16.1%.
CROWN CASTLE INC. (CCI) has a current P/E ratio of 86.2, compared to its historical median P/E of 62.8. The stock is currently considered Expensive based on its historical valuation range.
CROWN CASTLE INC. (CCI) has a 5-year average return on invested capital (ROIC) of 7.4%. This is below average and may indicate limited pricing power.
CROWN CASTLE INC. (CCI) has a market capitalization of $38.3B. It is classified as a large-cap stock.
Yes, CROWN CASTLE INC. (CCI) pays a dividend with a trailing twelve-month yield of 5.43%. The company also returns capital through share buybacks, with a buyback yield of 0.06%.
Based on historical P/E analysis, CROWN CASTLE INC. (CCI) appears expensive. The current P/E of 86.2 is 37% above its historical median of 62.8. The estimated fair value CAGR (P/E method) is 11.5%.
CROWN CASTLE INC. (CCI) operates in the Real Estate Investment Trusts industry, within the Real Estate sector.
CROWN CASTLE INC. (CCI) reported annual revenue of $4.3 billion in its most recent fiscal year, based on SEC EDGAR filings.
CROWN CASTLE INC. (CCI) has a net profit margin of 10.4%. This is a healthy margin.
CROWN CASTLE INC. (CCI) generated $2.9 billion in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
CROWN CASTLE INC. (CCI) reported earnings per share (EPS) of $1.01 in its most recent fiscal year.
CROWN CASTLE INC. (CCI) has a return on equity (ROE) of -50.2%. A negative ROE may indicate losses or negative equity.
CROWN CASTLE INC. (CCI) has a 5-year average gross margin of 58.4%. This high margin suggests strong pricing power and a potential competitive moat.
The Ledger Terminal provides 19 years of financial data for CROWN CASTLE INC. (CCI), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
CROWN CASTLE INC. (CCI) has a book value per share of $-3.72, based on its most recent annual SEC filing.