What is Crown Castle's capex?

Crown Castle (CCI) reported capex of $57M in Q1 2026.

How has Crown Castle's capex changed year-over-year?

Crown Castle's capex increased by 42.5% year-over-year, from $40M to $57M.

What is the long-term trend for Crown Castle's capex?

Over 3 years (2021 to 2025), Crown Castle's capex has grown at a -47.1% compound annual growth rate (CAGR), from $1.23B to $182M.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

Crown Castle CCI CapEx

CapEx at other companies

AT&TT

$4.88B+14.0%

SBA CommunicationsSBAC

$48.4M+4.8%

American TowerAMT

$449.5M+35.8%

T-Mobile USTMUS

$2.62B+7.0%

MTZ

MasTecMTZ

$96.77M+105%

EquipmentShare.com, Inc. EQPT

$328M+11.9%

Other financials

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%

Free cash flow$452.0M-24.8%

Valuation

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Market cap$36.06B-19.8%

Enterprise value$68.76B-10.1%

P/E34.1×—

P/S8.6×-1.7×

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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Return on equity20.5%-1.1pp

Debt / equity5.7×+1.3×

Current ratio0.3×-0.1×

Where this comes from

Reported directly by Crown Castle in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireProductiveAssets.

The official record: Crown Castle’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Crown Castle's capex?: Crown Castle (CCI) reported capex of $57M in Q1 2026.
How has Crown Castle's capex changed year-over-year?: Crown Castle's capex increased by 42.5% year-over-year, from $40M to $57M.
What is the long-term trend for Crown Castle's capex?: Over 3 years (2021 to 2025), Crown Castle's capex has grown at a -47.1% compound annual growth rate (CAGR), from $1.23B to $182M.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.