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Crown Castle

CCI

Crown Castle Inc. is a leading owner, operator, and lessor of shared communications infrastructure in the United States.

Market cap
$33.56B-25.1%
Revenue$4.2B-4.4%
Net income$1.1B+123%
Free cash flow$2.7B-3.2%
EPS (diluted)$2.42+122%
Trailing twelve months · change vs. prior year

Earnings

Next report

Jul 22, 2026 (In 1 week)
Revenue estimate$996.2M
EPS estimate$0.48

Financials

Q1 2026

Income statement

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Revenue$1.0B-4.8%
Gross profit$984.0M-4.7%
Operating income$465.0M-10.7%
Net income$151.0M+133%
EPS (diluted)$0.34+132%

Balance sheet

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Cash & equivalents$325.0M+16.9%
Total debt$33.0B+5.9%
Total equity-$1.9B-53.2%
Total assets$31.4B-1.2%

Cash flow

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Operating cash flow$509.0M-20.6%
CapEx$57.0M+42.5%
Free cash flow$452.0M-24.8%

Valuation & ratios

Valuation

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Market cap$33.56B-25.1%
Enterprise value$66.27B-13.2%
P/E31.7×
P/S-2.3×

Profitability

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Gross margin97.3%-0.3pp
Operating margin47.9%-0.1pp
Net margin25.1%+13.9pp
FCF margin64.7%+0.8pp

Returns & leverage

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Current ratio0.3×-0.1×

Competitors

Profile

Crown Castle Inc. is a leading owner, operator, and lessor of shared communications infrastructure in the United States. The company provides wireless carriers with access to a vast network of towers through long-term lease and license agreements, supporting the deployment of 5G and other mobile technologies. Operating as a Real Estate Investment Trust (REIT), it focuses on maximizing recurring rental cash flows from its geographically dispersed tower portfolio.

Competitive position

A leading independent tower provider in the U.S. with a unique footprint concentrated in the top 100 basic trading areas.

GeographiesUnited States, Puerto Rico
Customer segmentsTelecommunications Carriers, Enterprise
Business modelLeasing, REIT, B2B Service
SuppliersLandowners, Tower Manufacturers, Construction Contractors, Utility Providers
CustomersMobile Network Operators, Wireless Service Providers, Data and Internet Service Providers
Listed1998
Employees5.0K
CEOChristian H. Hillabrant
FilingsSEC EDGAR

Questions, answered.

What is Crown Castle's market cap?
Crown Castle (CCI) has a market capitalization of $33.6B and trades on NYSE.
What is Crown Castle's revenue and profitability?
Crown Castle generated $4.2B in trailing twelve-month revenue with net income of $1.1B, representing a net margin of 25.1%. Gross margin stands at 97.3%, with free cash flow of $2.7B. These figures are based on the Q1 2026 filing.
Who are Crown Castle's competitors?
Crown Castle's key competitors include American Tower Corporation, SBA Communications Corporation, T-Mobile US, Inc., and others. These companies compete in similar markets and product categories.
Who does Crown Castle partner with?
Crown Castle's notable partners include Zayo Group Holdings Inc., EQT Active Core Infrastructure.
Where is Crown Castle headquartered?
Crown Castle is headquartered in United States of America and employs approximately 5,000 people. It has been publicly traded since 1998.