Crown Castle CCI Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 97.3%0.0pp | 97.3%-0.1pp | 97.4%-0.1pp | 97.5%-0.1pp | 97.6%0.0pp | |
| Operating margin | 47.9%-0.7pp | 48.7%-0.5pp | 49.2%+0.4pp | 48.8%+0.8pp | 48.1%+0.6pp | |
| Net margin | 25.1%+14.7pp | 10.4%+118pp | -107.1%-0.7pp | -106.4%-0.2pp | -106.1%-18.6pp | |
| EBITDA margin | 64.2%-0.7pp | 64.8%-0.7pp | 65.5%+0.2pp | 65.3%+0.8pp | 64.4%+0.5pp | |
| Free cash flow margin | 64.7%-2.7pp | 67.4%+0.4pp | 67%+1.0pp | 66%+2.1pp | 63.9%+1.9pp | |
| Returns | ||||||
| Return on assets | 3.4%+2.0pp | 1.4%+14.7pp | -13.3%0.0pp | -13.3%+0.1pp | -13.4%-2.4pp | |
| Return on invested capital | 6.6%-0.2pp | 6.8%+0.4pp | 6.4%0.0pp | 6.4%0.0pp | 6.4%0.0pp | |
| Efficiency | ||||||
| Asset turnover | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | |
| Liquidity | ||||||
| Current ratio | 0.3×0.0× | 0.3×0.0× | 0.3×0.0× | 0.3×-0.1× | 0.4×-0.1× | |
| Quick ratio | 0.3×0.0× | 0.3×0.0× | 0.3×0.0× | 0.3×-0.1× | 0.4×-0.1× | |
| Cash ratio | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | |
| Leverage | ||||||
| Debt-to-assets | 1.1×0.0× | 1×0.0× | 1×0.0× | 1×0.0× | 1×+0.1× | |
| Net debt / EBITDA | 12.1×+0.5× | 11.6×+0.2× | 11.4×+0.3× | 11.1×+0.2× | 10.9×+0.4× | |
| Interest coverage | 2.1×-0.1× | 2.1×-0.1× | 2.2×0.0× | 2.2×0.0× | 2.2×0.0× | |
| Per Share | ||||||
| Book value per share | -$4.39-17.4% | -$3.74-9.5% | -$3.42-8.0% | -$3.16-10.0% | -$2.87-838% | |
| Valuation | ||||||
| Market capitalization | $35.46B-8.4% | $38.7B-7.9% | $42.02B-6.5% | $44.93B-1.0% | $45.39B+15.1% | |
| Enterprise value | $68.16B-3.7% | $70.74B-4.5% | $74.11B-3.1% | $76.48B+0.3% | $76.29B+10.0% | |
| Price / earnings | 33.5×-53.7× | 87.2×— | —— | —— | —— | |
| Price / sales | 8.4×-0.7× | 9.1×-0.7× | 9.7×-0.6× | 10.3×0.0× | 10.3×+1.5× | |
| EV / EBITDA | 25.2×-0.4× | 25.6×-0.6× | 26.2×-0.6× | 26.9×0.0× | 26.9×+2.6× | |
| EV / sales | 16.2×-0.4× | 16.6×-0.6× | 17.2×-0.4× | 17.5×+0.2× | 17.3×+1.8× | |
| Free cash flow yield | 7.7%+0.3pp | 7.4%+0.6pp | 6.9%+0.5pp | 6.4%+0.2pp | 6.2%-0.8pp | |
| Earnings yield | 3%+1.8pp | 1.1%+12.1pp | -11%-0.7pp | -10.3%0.0pp | -10.3%-0.4pp | |
| Dividend yield | 6.5%+1.1pp | 5.4%-2.2pp | 7.5%+1.0pp | 6.6%+0.5pp | 6%-0.9pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Crown Castle's profit margins?
- Crown Castle (CCI) runs a 97.3% gross margin and a 47.9% operating margin, with a 25.1% net margin.
- Where do Crown Castle's ratios come from?
- Every ratio is computed from Crown Castle's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
