What is Crown Castle's change in AP?

Crown Castle (CCI) reported change in AP of $1M in Q1 2026.

How has Crown Castle's change in AP changed year-over-year?

Crown Castle's change in AP increased by 116.7% year-over-year, from -$6M to $1M.

What does change in AP mean?

Increase or decrease in amounts owed to suppliers — a key working capital component affecting operating cash flow.

Crown Castle CCI Change in AP

Change in AP at other companies

Verizon CommunicationsVZ

$454.75M+64.0%

SBA CommunicationsSBAC

-$13.06M-52.9%

American TowerAMT

-$16.4M-237%

T-Mobile USTMUS

-$408M-52.2%

MTZ

MasTecMTZ

$55.27M+148%

SITE Centers CorporationSITC

-$6.56M-79.9%

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%

CapEx$57.0M+42.5%

Free cash flow$452.0M-24.8%

Valuation

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Market cap$33.05B-23.5%

Enterprise value$65.75B-12.1%

P/E31.2×—

P/S7.9×-2.1×

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:IncreaseDecreaseInAccountsPayableTrade.

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 change in AP?: Crown Castle (CCI) reported change in AP of $1M in Q1 2026.
How has Crown Castle's change in AP changed year-over-year?: Crown Castle's change in AP increased by 116.7% year-over-year, from -$6M to $1M.
What does change in AP mean?: Increase or decrease in amounts owed to suppliers — a key working capital component affecting operating cash flow.