InsiderClue
Stocks · Real estate · Real Estate Investment Trusts

Crown Castle

CCI Clue Score45
United States Fiscal year ends December CIK 0001051470
$79.64 +15.60% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $79.64 −52.81% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue0.69Operating income0.95Net income0.36EPS, diluted0.95Fiscal year 2017Revenue0.52 −24.3%Operating income0.97Net income0.44 +24.5%EPS, diluted0.80 −15.8%Fiscal year 2018Revenue0.57 +10.2%Operating income1.38Net income0.62 +39.9%EPS, diluted1.23 +53.7%Fiscal year 2019Revenue0.67 +16.7%Operating income1.56Net income0.86 +38.3%EPS, diluted1.79 +45.5%Fiscal year 2020Revenue0.52 −22.4%Operating income1.86Net income1.06 +22.8%EPS, diluted2.35 +31.3%Fiscal year 2021Revenue0.62 +19.4%Operating income2.00EPS, diluted2.53 +7.7%Fiscal year 2022Revenue0.70 +12.2%Operating income2.43EPS, diluted3.86 +52.6%Fiscal year 2023Revenue0.42 −39.6%Operating income2.10Net income1.50EPS, diluted3.46 −10.4%Fiscal year 2024Revenue0.19 −54.4%Operating income2.12Net income−3.90 −359.9%EPS, diluted−8.98 −359.5%Fiscal year 2025Revenue0.22 +12.0%Operating income2.08Net income0.44EPS, diluted1.01
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 0.69 0.52 0.57 0.67 0.52 0.62 0.70 0.42 0.19 0.22
Growth −24.3% +10.2% +16.7% −22.4% +19.4% +12.2% −39.6% −54.4% +12.0%
Operating income 0.95 0.97 1.38 1.56 1.86 2.00 2.43 2.10 2.12 2.08
Net income 0.36 0.44 0.62 0.86 1.06 n/a n/a 1.50 −3.90 0.44
Growth +24.5% +39.9% +38.3% +22.8% −359.9%
EPS, diluted 0.95 0.80 1.23 1.79 2.35 2.53 3.86 3.46 −8.98 1.01
Growth −15.8% +53.7% +45.5% +31.3% +7.7% +52.6% −10.4% −359.5%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2016Operating margin137.9%Net margin51.9%Free cash flow margin132.7%Fiscal year 2017Operating margin185.6%Net margin85.3%Free cash flow margin623.6%Fiscal year 2018Operating margin240.9%Net margin108.4%Free cash flow margin132.6%Fiscal year 2019Operating margin232.7%Net margin128.4%Free cash flow margin95.7%Fiscal year 2020Operating margin358.3%Net margin203.1%Free cash flow margin275.2%Fiscal year 2021Operating margin322.2%Free cash flow margin251.2%Fiscal year 2022Operating margin347.9%Free cash flow margin225.0%Fiscal year 2023Operating margin498.1%Net margin356.8%Free cash flow margin684.8%Fiscal year 2024Operating margin1,103.1%Net margin−2,032.8%Free cash flow margin1,441.1%Fiscal year 2025Operating margin965.1%Net margin206.5%Free cash flow margin1,337.2%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating margin 137.9% 185.6% 240.9% 232.7% 358.3% 322.2% 347.9% 498.1% 1,103.1% 965.1%
Net margin 51.9% 85.3% 108.4% 128.4% 203.1% n/a n/a 356.8% −2,032.8% 206.5%
Free cash flow margin 132.7% 623.6% 132.6% 95.7% 275.2% 251.2% 225.0% 684.8% 1,441.1% 1,337.2%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow1.79Capital expenditure−0.87Free cash flow0.91Buybacks−0.03Dividends paid−1.24Fiscal year 2017Operating cash flow2.03Capital expenditure1.22Free cash flow3.25 +255.9%Buybacks0.02Dividends paid1.51Fiscal year 2018Operating cash flow2.50Capital expenditure−1.74Free cash flow0.76 −76.6%Buybacks−0.03Dividends paid−1.78Fiscal year 2019Operating cash flow2.70Capital expenditure−2.06Free cash flow0.64 −15.8%Buybacks−0.04Dividends paid−1.91Fiscal year 2020Operating cash flow3.06Capital expenditure−1.62Free cash flow1.43 +123.2%Buybacks−0.08Dividends paid−2.11Fiscal year 2021Operating cash flow2.79Capital expenditure−1.23Free cash flow1.56 +9.0%Buybacks−0.07Dividends paid−2.37Fiscal year 2022Operating cash flow2.88Capital expenditure−1.31Free cash flow1.57 +0.5%Buybacks0.07Dividends paid2.60Fiscal year 2023Operating cash flow3.13Capital expenditure−0.24Free cash flow2.88 +83.9%Buybacks0.03Dividends paid2.72Fiscal year 2024Operating cash flow2.94Capital expenditure−0.18Free cash flow2.77 −4.0%Buybacks0.03Dividends paid2.73Fiscal year 2025Operating cash flow3.06Capital expenditure−0.18Free cash flow2.88 +3.9%Buybacks0.02Dividends paid2.08
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 1.79 2.03 2.50 2.70 3.06 2.79 2.88 3.13 2.94 3.06
Capital expenditure −0.87 1.22 −1.74 −2.06 −1.62 −1.23 −1.31 −0.24 −0.18 −0.18
Free cash flow 0.91 3.25 0.76 0.64 1.43 1.56 1.57 2.88 2.77 2.88
Growth +255.9% −76.6% −15.8% +123.2% +9.0% +0.5% +83.9% −4.0% +3.9%
Buybacks −0.03 0.02 −0.03 −0.04 −0.08 −0.07 0.07 0.03 0.03 0.02
Dividends paid −1.24 1.51 −1.78 −1.91 −2.11 −2.37 2.60 2.72 2.73 2.08

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash0.57Total debt12.17Net cash (debt)−11.60Shareholders’ equity7.22Debt to equity1.69Fiscal year 2017Cash0.31Total debt16.16Net cash (debt)−15.85Shareholders’ equity11.93Debt to equity1.36Fiscal year 2018Cash0.28Total debt16.68Net cash (debt)−16.41Shareholders’ equity11.57Debt to equity1.44Fiscal year 2019Cash0.20Total debt18.12Net cash (debt)−17.93Shareholders’ equity10.49Debt to equity1.73Fiscal year 2020Cash0.23Total debt19.28Net cash (debt)−19.05Shareholders’ equity9.46Debt to equity2.04Fiscal year 2021Cash0.29Total debt20.63Net cash (debt)−20.34Shareholders’ equity8.26Debt to equity2.50Fiscal year 2022Cash0.16Total debt21.73Net cash (debt)−21.57Shareholders’ equity7.45Debt to equity2.92Fiscal year 2023Cash0.11Total debt22.92Net cash (debt)−22.82Shareholders’ equity6.38Debt to equity3.59Fiscal year 2024Cash0.10Total debt24.08Net cash (debt)−23.98Shareholders’ equity−0.13Fiscal year 2025Cash0.10Total debt24.34Net cash (debt)−24.24Shareholders’ equity−1.64
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 0.57 0.31 0.28 0.20 0.23 0.29 0.16 0.11 0.10 0.10
Total debt 12.17 16.16 16.68 18.12 19.28 20.63 21.73 22.92 24.08 24.34
Net cash (debt) −11.60 −15.85 −16.41 −17.93 −19.05 −20.34 −21.57 −22.82 −23.98 −24.24
Shareholders’ equity 7.22 11.93 11.57 10.49 9.46 8.26 7.45 6.38 −0.13 −1.64
Debt to equity 1.69 1.36 1.44 1.73 2.04 2.50 2.92 3.59 n/a n/a

In billions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
137.9% 185.6% 240.9% 232.7% 358.3% 322.2% 347.9% 498.1% 1,103.1% 965.1%
54.4% 75.2% 111.7% 131.5% 206.9% 189.9% 242.6% 298.8% 614.6% 520.5%
51.9% 85.3% 108.4% 128.4% 203.1% n/a n/a 356.8% −2,032.8% 206.5%
132.7% 623.6% 132.6% 95.7% 275.2% 251.2% 225.0% 684.8% 1,441.1% 1,337.2%
Spending
53.9% 81.8% 98.1% 91.6% 130.4% 109.5% 107.6% 119.2% 226.6% 178.1%
127.0% −233.6% 303.0% 307.0% 312.3% 197.9% 187.9% 57.7% 91.7% 84.7%
−4.5% −6.6% −3.0% −2.4% 1.9% 1.8% 0.9% 1.7% 1.5% 1.4%
Returns
4.9% 3.7% 5.4% 8.2% 11.2% n/a n/a 23.5% n/a n/a
1.6% 1.4% 1.9% 2.2% 2.7% n/a n/a 3.9% −11.9% 1.4%
Balance and payout
1.69 1.36 1.44 1.73 2.04 2.50 2.92 3.59 n/a n/a
66.7% 61.7% 64.7% 72.7% 75.6% 78.8% 80.9% 83.4% 100.4% 105.2%
347.1% −339.4% 286.5% 222.3% 199.3% n/a n/a −181.3% n/a −468.5%
138.4% −47.2% 238.6% 305.1% 152.4% 156.6% −170.1% −95.5% −99.8% −73.1%