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Crown Castle CCI Price / earnings

Price / earnings at other companies

Verizon Communications logo
Verizon CommunicationsVZ
12.2×+1.5×
AT&T logo
AT&TT
9.4×-7.7×
SBA Communications logo
SBA CommunicationsSBAC
17.9×-11.2×
Welltower logo
WelltowerWELL
94.7×+4.3×
MTZ
MasTecMTZ
56.4×+13.1×

Other financials

Income statement

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Revenue$1.0B-4.8%
Gross profit$984.0M-4.7%
Operating income$465.0M-10.8%
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$37.43B-21.9%
Enterprise value$70.14B-10.7%
P/S8.9×-2.0×

Profitability

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

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

Calculated from Crown Castle’s reported figures.

Based on the most recent quarter.

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 price / earnings?
Crown Castle (CCI) reported price / earnings of 33.5× in Q1 2026.
What is the long-term trend for Crown Castle's price / earnings?
Over 2 years (2021 to 2023), Crown Castle's price / earnings has grown at a -36.2% compound annual growth rate (CAGR), from 301.6× to 122.7×.
What does price / earnings mean?
How many dollars investors pay for each dollar of the company's annual profit.
How do you interpret price / earnings?
Lower can mean cheaper — or that the market expects earnings to fall. High multiples embed growth expectations. Meaningless when earnings are negative, so it is suppressed there.
How does price / earnings compare across companies?
Compare against the company's own history and sector peers, not across sectors with different growth and risk profiles.