What is Crown Castle's operating cash flow?

Crown Castle (CCI) reported operating cash flow of $509M in Q1 2026.

How has Crown Castle's operating cash flow changed year-over-year?

Crown Castle's operating cash flow decreased by 20.6% year-over-year, from $641M to $509M.

What is the long-term trend for Crown Castle's operating cash flow?

Over 4 years (2021 to 2025), Crown Castle's operating cash flow has grown at a 2.3% compound annual growth rate (CAGR), from $2.79B to $3.06B.

What does operating cash flow mean?

Total cash generated by or used in core business operations — the single most important cash flow metric for assessing business health.

Crown Castle CCI Operating Cash Flow

Operating Cash Flow at other companies

Verizon CommunicationsVZ

$7.98B+2.6%

AT&TT

$7.6B-16.1%

SBA CommunicationsSBAC

$255.09M-15.3%

American TowerAMT

$1.4B+8.2%

T-Mobile USTMUS

$7.22B+5.5%

WelltowerWELL

$670.01M+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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CapEx$57.0M+42.5%

Free cash flow$452.0M-24.8%

Valuation

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Market cap$34.71B-20.4%

Enterprise value$67.41B-9.5%

P/E32.8×—

P/S8.2×-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:NetCashProvidedByUsedInOperatingActivities.

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 operating cash flow?: Crown Castle (CCI) reported operating cash flow of $509M in Q1 2026.
How has Crown Castle's operating cash flow changed year-over-year?: Crown Castle's operating cash flow decreased by 20.6% year-over-year, from $641M to $509M.
What is the long-term trend for Crown Castle's operating cash flow?: Over 4 years (2021 to 2025), Crown Castle's operating cash flow has grown at a 2.3% compound annual growth rate (CAGR), from $2.79B to $3.06B.
What does operating cash flow mean?: Total cash generated by or used in core business operations — the single most important cash flow metric for assessing business health.