CCI
Crown Castle
NYSE: CCI · REAL ESTATE · REIT - SPECIALTY
$85.87
-0.35% today
Updated 2026-04-29
Market cap
$37.47B
P/E ratio
36.23
P/S ratio
8.89x
EPS (TTM)
$2.37
Dividend yield
4.93%
52W range
$76 – $112
Volume
3.1M
Crown Castle (CCI) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $788.22M | $1.39B | $1.53B | $1.69B | $1.88B | $2.03B | $2.43B | $2.87B | $3.54B | $3.66B | $3.92B | $4.25B | $5.37B | $5.76B | $5.84B | $6.34B | $6.99B | $6.98B | $6.57B | $4.26B |
| Revenue growth (YoY) | — | +75.8% | +10.2% | +10.4% | +11.5% | +8.2% | +19.7% | +17.8% | +23.5% | +3.5% | +7.0% | +8.5% | +26.2% | +7.3% | +1.3% | +8.6% | +10.2% | -0.1% | -5.9% | -35.1% |
| Cost of revenue | $272.96M | $509.08M | $538.58M | $549.37M | $581.38M | $588.38M | $728.99M | $991.02M | $1.31B | $1.32B | $1.44B | $1.54B | $1.84B | $1.99B | $1.97B | $1.99B | $2.07B | $1.98B | $1.85B | $1.45B |
| Gross profit | $515.26M | $876.40M | $987.93M | $1.14B | $1.30B | $1.44B | $1.70B | $1.87B | $2.23B | $2.34B | $2.48B | $2.71B | $3.53B | $3.78B | $3.87B | $4.35B | $4.92B | $5.00B | $4.72B | $2.82B |
| Gross margin | 65.4% | 63.3% | 64.7% | 67.4% | 69.1% | 71.1% | 70.0% | 65.4% | 63.1% | 63.9% | 63.2% | 63.7% | 65.7% | 65.5% | 66.3% | 68.6% | 70.4% | 71.6% | 71.9% | 66.1% |
| R&D | $8.78M | — | — | $0.00 | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| SG&A | $95.75M | $104.53M | $149.59M | $153.07M | $165.36M | $173.49M | $212.57M | $213.52M | $257.30M | $310.92M | $371.03M | $426.70M | $563.00M | $614.00M | $678.00M | $680.00M | $750.00M | $773.00M | $706.00M | $383.00M |
| Operating income | $121.43M | $99.53M | $292.51M | $433.99M | $575.37M | $692.30M | $834.68M | $880.70M | $940.68M | $946.18M | $949.00M | $967.00M | $1.38B | $1.56B | $1.86B | $2.00B | $2.42B | $2.37B | $-2.94B | $2.08B |
| Operating margin | 15.4% | 7.2% | 19.2% | 25.7% | 30.6% | 34.1% | 34.3% | 30.7% | 26.6% | 25.8% | 24.2% | 22.7% | 25.8% | 27.1% | 31.9% | 31.6% | 34.7% | 33.9% | -44.7% | 48.7% |
| EBITDA | $425.16M | $690.10M | $727.34M | $785.10M | $623.37M | $1.15B | $1.24B | $1.49B | $1.81B | $2.00B | $1.98B | $2.20B | $2.79B | $3.12B | $3.35B | $3.46B | $4.07B | $4.10B | $-1.24B | $2.77B |
| EBITDA margin | 53.9% | 49.8% | 47.6% | 46.6% | 33.2% | 56.7% | 50.8% | 52.0% | 51.2% | 54.5% | 50.4% | 51.8% | 51.9% | 54.1% | 57.4% | 54.5% | 58.3% | 58.8% | -18.9% | 64.9% |
| EBIT | $131.32M | $129.54M | $200.90M | $255.36M | $82.60M | $600.54M | $613.82M | $748.10M | $824.52M | $959.03M | $868.00M | $962.00M | $1.26B | $1.54B | $1.74B | $1.81B | $2.36B | $2.35B | $-2.98B | $2.08B |
| Interest expense | $1.63M | $1.63M | $329.28M | $445.88M | $490.27M | $507.59M | $601.04M | $589.63M | $573.29M | $527.13M | $515.03M | $590.68M | $642.00M | $683.00M | $666.00M | $632.00M | $673.00M | $821.00M | $900.00M | $959.00M |
| Income tax | $-843000.00 | $-94.04M | $-104.36M | $-76.40M | $-26.85M | $8.35M | $-100.06M | $191.00M | $-11.24M | $-51.46M | $17.00M | $26.00M | $19.00M | $21.00M | $20.00M | $21.00M | $16.00M | $26.00M | $24.00M | $16.00M |
| Effective tax rate | 2.0% | 29.7% | 68.1% | 40.1% | 7.9% | 4.7% | -113.0% | 81.0% | -4.0% | -12.1% | 4.5% | 6.6% | 3.0% | 2.4% | 1.9% | 1.9% | 0.9% | 1.7% | -0.6% | 3.5% |
| Net income | $-41.89M | $-222.81M | $-48.86M | $-114.33M | $-310.94M | $171.08M | $188.58M | $44.85M | $294.06M | $477.95M | $356.97M | $366.00M | $622.00M | $860.00M | $1.06B | $1.10B | $1.68B | $1.50B | $-3.90B | $444.00M |
| Net income growth (YoY) | — | -431.9% | +78.1% | -134.0% | -172.0% | +155.0% | +10.2% | -76.2% | +555.7% | +62.5% | -25.3% | +2.5% | +69.9% | +38.3% | +22.8% | +3.8% | +52.8% | -10.3% | -359.9% | +111.4% |
| Profit margin | -5.3% | -16.1% | -3.2% | -6.8% | -16.6% | 8.4% | 7.8% | 1.6% | 8.3% | 13.0% | 9.1% | 8.6% | 11.6% | 14.9% | 18.1% | 17.3% | 24.0% | 21.5% | -59.4% | 10.4% |