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Crown Castle Cash Flow Statement

Operating, investing, and financing cash movements

Crown Castle generated $2.9B in operating cash flow over the trailing twelve months. After $199.0M in capital expenditures, free cash flow was $2.7B. Free cash flow decreased 0.0% year-over-year. Based on the Q1 2026 filing.

Latest FilingQ1 2026
Report Date2026-05-07
Market Cap$40.2B
P/E Ratio37.93
ROE20.53%

Operating

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other non-cash income (expense)-$35M-$1M-$3M$0$8M$1M
Amortization of debt issuance costs$8M$8M$8M$8M$8M$7M
Other non-cash income (expense)-$35M-$1M-$3M$0$8M$1M
Change in accounts payable-$6M$6M$15M$2M$1M
Change in other assets$15M$38M-$20M-$44M-$12M
Change in other liabilities-$39M-$21M-$11M-$10M-$13M-$48M
Other working capital changes-$35M-$1M-$3M$0$8M$1M
Change in receivables-$85M$6M$23M-$24M-$8M-$12M
Deferred income taxes$1M-$1M$1M
Depreciation and amortization$184M$177M$175M$167M$170M$172M
Impairment charges$1M$2M$2M$3M$4M$3M
Other Non-Cash Income (Expense)-$35M-$1M-$3M$0$8M$1M
Other Non-cash Income (Expense)-$35M-$1M-$3M$0$8M$1M
Other Non-cash Income (Expense)-$35M-$1M-$3M$0$8M$1M
Net cash from operating activities$877M$641M$832M$714M$870M$509M
Net income-$4.8B-$464M$291M$323M$294M$151M
Other non-cash income (expense)-$35M-$1M-$3M$0$8M$1M
Non-cash interest expense$8M$8M$8M$8M$8M$7M
Asset write-downs$1M$2M$2M$3M$4M$3M
Net cash provided by operating activities from discontinued operations$293M$270M$311M$316M$288M$213M
Accounts payable-$6M$6M$15M$2M$1M
Increase (Decrease) in Other Operating Assets$15M$38M-$20M-$44M-$12M
Other Noncash Income (Expense)-$35M-$1M-$3M$0$8M$1M
Other Non-cash Income and Expense-$35M-$1M-$3M$0$8M$1M
Other Non-Cash Adjustments-$35M-$1M-$3M$0$8M$1M
Other Non-Cash Income and Expense-$35M-$1M-$3M$0$8M$1M
Stock-based compensation$15M$18M$18M$19M$18M$18M
Income from Continuing Operations$309M$284M$265M$277M$277M$220M
Change in Interest Payable$80M-$82M-$78M-$79M

Free Cash Flow

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Free cash flow$825M$601M$792M$671M$811M$452M