Crown Castle (CCI) Financials: Revenue & Earnings
CCI$87.76+0.02 +0.02%
$38.35B
Market Cap
36.61
P/E
45.44
Forward P/E
49
Score
Crown Castle (CCI) Financials: Revenue & Earnings
CCI price $87.76 +0.02 +0.02%
- Ticker
- CCI
- Price
- $87.76
- Change
- +0.02 +0.02%
- Market cap ?
- $38.35B
- P/E ?
- 36.61
- Forward P/E ?
- 45.44
- Dividend yield ?
- 4.84%
- Beta ?
- 0.96
- Sector
- Real Estate
- Industry
- REIT - Specialty
- Stocklytics score
- 49
- Value
- 44
- Quality
- 74
- Growth
- 29
Stocklytics score rationale: value 44, quality 74, growth 29.
Financials
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 3921000000 | 4255000000 | 5370000000 | 5763000000 | 5840000000 | 6340000000 | 6986000000 | 6981000000 | 6568000000 | 4265000000 |
Crown Castle Inc. specializes in critical digital infrastructure across the United States. The company actively manages, operates, and leases an expansive network, featuring over 40,000 cellular communication towers and approximately 80,000 miles of fiber optic cable. This comprehensive infrastructure underpins both small cell deployments and various advanced fiber solutions, spanning every significant U.S…
Fair value
CCI fair value $37.37. Price $87.76. Price is 135% above fair value.
Above fair value, around its usual premium.
Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.
Calculated with a 10-year free-cash-flow discount. Starting free cash flow 1.88B. Growth 15.44%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 9.59% (beta 1.0). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 437.00M. Net debt 29.30B. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the median P/E of the company's industry. That median uses listed stocks worth at least $10 billion with a positive P/E of 100 or below, and the industry needs at least eight of them. Otherwise the sector median is used when that group also has at least eight, then the market median of those large companies. The multiple used is the lower of that median and 1.25 times the stock's own 10-year median P/E, then kept between 8 and 30. If the stock has no 10-year median, the peer median is kept between 8 and 30. Fair value is the average of the cash-flow value and the earnings value when both exist. Card and credit companies use the earnings value only, because changes in customer receivables distort free cash flow. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.
Model uncertainty high for this stock
Earnings
| Date | EPS actual | EPS estimate | Revenue | Revenue estimate |
|---|---|---|---|---|
| 2027-02-03 | — | 0.72 | — | 1.02B |
| 2026-10-21 | 0.67 | 0.69 | 966.00M | 1.01B |
| 2026-07-22 | 0.69 | 0.39 | 1.01B | 995.05M |
| 2026-04-22 | 0.34 | 0.38 | 1.01B | 994.84M |
| 2026-02-04 | 0.68 | 0.55 | 1.07B | 1.06B |
| 2025-10-22 | 0.74 | 0.52 | 1.07B | 1.06B |
| 2025-07-23 | 0.67 | 0.55 | 1.06B | 1.04B |
| 2025-04-30 | -1.07 | 0.20 | 1.06B | 1.04B |
| 2025-03-13 | -10.96 | 0.44 | 1.65B | 1.64B |
| 2024-10-16 | 0.70 | 0.67 | 1.65B | 1.64B |
| 2024-07-17 | 0.58 | 0.56 | 1.63B | 1.62B |
| 2024-04-17 | 0.71 | 0.71 | 1.64B | 1.63B |
| 2024-01-25 | 0.83 | 0.76 | 1.67B | 1.66B |
| 2023-10-19 | 0.61 | 0.77 | 1.67B | 1.69B |
| 2023-07-20 | 1.05 | 1.05 | 1.87B | 1.86B |
| 2023-04-19 | 0.97 | 0.91 | 1.77B | 1.76B |
| 2023-01-25 | 0.95 | 0.97 | 1.76B | 1.74B |
| 2022-10-19 | 0.97 | 0.97 | 1.75B | 1.73B |
| 2022-07-20 | 1.80 | 1.71 | 1.73B | 1.71B |
| 2022-04-20 | 0.97 | 0.94 | 1.74B | 1.69B |
| 2022-01-26 | 0.82 | 0.77 | 1.65B | 1.63B |
| 2021-10-20 | 0.81 | 0.77 | 1.62B | 1.62B |
| 2021-07-21 | 1.71 | 1.66 | 1.58B | 1.62B |
| 2021-04-21 | 0.28 | 0.54 | 1.49B | 1.49B |
| 2021-01-27 | 1.17 | 0.63 | 1.49B | 1.96B |
| 2020-10-21 | 0.38 | 0.51 | 1.49B | 1.86B |
| 2020-07-29 | 0.41 | 0.50 | 1.44B | 1.76B |
| 2020-04-29 | 0.38 | 0.49 | 1.42B | 1.83B |
| 2020-02-26 | 0.43 | 0.48 | 1.34B | 1.59B |
| 2019-10-16 | 0.58 | 0.49 | 1.48B | 1.25B |
| 2019-07-17 | 0.52 | 0.41 | 1.45B | 1.14B |
| 2019-04-17 | 0.44 | 0.40 | 1.41B | 1.28B |
| 2019-01-23 | 0.44 | 0.44 | 1.42B | 1.37B |
| 2018-10-17 | 0.33 | 1.38 | 1.38B | 1.12B |
| 2018-07-18 | 0.37 | 0.31 | 1.33B | 1.15B |
| 2018-04-18 | 0.21 | 0.31 | 1.30B | 1.61B |
| 2018-01-24 | 0.17 | 1.06 | 1.24B | 1.75B |
| 2017-10-18 | 0.21 | 0.27 | 1.06B | 1.22B |
| 2017-07-19 | 0.31 | 0.28 | 1.04B | 937.82M |
| 2017-04-24 | 0.33 | 1.23 | 1.02B | 861.98M |
Dividends
Yield 4.84%. Payout ratio 1.79%. Frequency Quarterly.
Safety score 85/100 · Safe. Payout ratio is 2% of earnings. Dividends use most of free cash flow. Dividends were paid in 13 separate years. Yield is 4.8%, in a range that is usually sustainable.
| Ex-date | Dividend | Record | Payment | Frequency |
|---|---|---|---|---|
| 2026-09-15 | $1.06 | 2026-09-15 | 2026-09-30 | Quarterly |
| 2026-06-15 | $1.06 | 2026-06-15 | 2026-06-30 | Quarterly |
| 2026-03-13 | $1.06 | 2026-03-13 | 2026-03-31 | Quarterly |
| 2025-12-15 | $1.06 | 2025-12-15 | 2025-12-31 | Quarterly |
| 2025-09-15 | $1.06 | 2025-09-15 | 2025-09-30 | Quarterly |
| 2025-06-13 | $1.06 | 2025-06-13 | 2025-06-30 | Quarterly |
| 2025-03-14 | $1.56 | 2025-03-14 | 2025-03-31 | Quarterly |
| 2024-12-13 | $1.56 | 2024-12-13 | 2024-12-31 | Quarterly |
| 2024-09-13 | $1.56 | 2024-09-13 | 2024-09-30 | Quarterly |
| 2024-06-14 | $1.56 | 2024-06-14 | 2024-06-28 | Quarterly |
| 2024-03-14 | $1.56 | 2024-03-15 | 2024-03-28 | Quarterly |
| 2023-12-14 | $1.56 | 2023-12-15 | 2023-12-29 | Quarterly |
| 2023-09-14 | $1.56 | 2023-09-15 | 2023-09-29 | Quarterly |
| 2023-06-14 | $1.56 | 2023-06-15 | 2023-06-30 | Quarterly |
| 2023-03-14 | $1.56 | 2023-03-15 | 2023-03-31 | Quarterly |
| 2022-12-14 | $1.56 | 2022-12-15 | 2022-12-30 | Quarterly |
| 2022-09-14 | $1.47 | 2022-09-15 | 2022-09-30 | Quarterly |
| 2022-06-14 | $1.47 | 2022-06-15 | 2022-06-30 | Quarterly |
| 2022-03-14 | $1.47 | 2022-03-15 | 2022-03-31 | Quarterly |
| 2021-12-14 | $1.47 | 2021-12-15 | 2021-12-31 | Quarterly |
| 2021-09-14 | $1.33 | 2021-09-15 | 2021-09-30 | Quarterly |
| 2021-06-11 | $1.33 | 2021-06-14 | 2021-06-30 | Quarterly |
| 2021-03-12 | $1.33 | 2021-03-15 | 2021-03-31 | Quarterly |
| 2020-12-14 | $1.33 | 2020-12-15 | 2020-12-31 | Quarterly |
| 2020-09-14 | $1.20 | 2020-09-15 | 2020-09-30 | Quarterly |
| 2020-06-11 | $1.20 | 2020-06-12 | 2020-06-30 | Quarterly |
| 2020-03-12 | $1.20 | 2020-03-13 | 2020-03-31 | Quarterly |
| 2019-12-12 | $1.20 | 2019-12-13 | 2019-12-31 | Quarterly |
| 2019-09-12 | $1.12 | 2019-09-13 | 2019-09-30 | Quarterly |
| 2019-06-13 | $1.12 | 2019-06-14 | 2019-06-28 | Quarterly |
| 2019-03-14 | $1.12 | 2019-03-15 | 2019-03-29 | Quarterly |
| 2018-12-13 | $1.12 | 2018-12-14 | 2018-12-31 | Quarterly |
| 2018-09-13 | $1.05 | 2018-09-14 | 2018-09-28 | Quarterly |
| 2018-06-14 | $1.05 | 2018-06-15 | 2018-06-29 | Quarterly |
| 2018-03-15 | $1.05 | 2018-03-16 | 2018-03-30 | Quarterly |
| 2017-12-14 | $1.05 | 2017-12-15 | 2017-12-29 | Quarterly |
| 2017-09-14 | $0.95 | 2017-09-15 | 2017-09-29 | Quarterly |
| 2017-06-14 | $0.95 | 2017-06-16 | 2017-06-30 | Quarterly |
| 2017-03-15 | $0.95 | 2017-03-17 | 2017-03-31 | Quarterly |
| 2016-12-14 | $0.95 | 2016-12-16 | 2016-12-30 | Quarterly |
| 2016-09-14 | $0.89 | 2016-09-16 | 2016-09-30 | Quarterly |
| 2016-06-15 | $0.89 | 2016-06-17 | 2016-06-30 | Quarterly |
| 2016-03-16 | $0.89 | 2016-03-18 | 2016-03-31 | Quarterly |
| 2015-12-16 | $0.89 | 2015-12-18 | 2015-12-31 | Quarterly |
| 2015-09-16 | $0.82 | 2015-09-18 | 2015-09-30 | Quarterly |
| 2015-06-17 | $0.82 | 2015-06-19 | 2015-06-30 | Quarterly |
| 2015-03-18 | $0.82 | 2015-03-20 | 2015-03-31 | Quarterly |
| 2014-12-17 | $0.82 | 2014-12-19 | 2014-12-31 | Quarterly |
| 2014-09-17 | $0.35 | 2014-09-19 | 2014-09-30 | Quarterly |
| 2014-06-18 | $0.35 | 2014-06-20 | 2014-06-30 | Quarterly |
| 2014-03-18 | $0.35 | 2014-03-20 | 2014-03-31 | Quarterly |
Insider trades
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-09-15 | Hillabrant Christian H | Sell | 24.47K | — | — |
| 2026-09-15 | Hillabrant Christian H | Buy | 7.34K | — | — |
| 2026-09-15 | Hillabrant Christian H | Buy | 24.47K | — | — |
| 2026-09-15 | Hillabrant Christian H | Sell | 12.16K | $74.17 | 901.91K |
| 2026-09-15 | Hillabrant Christian H | Sell | 7.34K | — | — |
| 2026-08-07 | Collins Robert Sean | Sell | 1.50K | $75.89 | 113.83K |
| 2026-05-20 | Hinson Kristoffer L | Buy | 11.08K | — | — |
| 2026-05-11 | Hinson Kristoffer L | Other | 0 | — | — |
| 2026-05-11 | Hinson Kristoffer L | Other | 7.18K | — | — |
| 2026-05-05 | Stephens Kevin A | Buy | 820 | $90.24 | 74.00K |
| 2026-05-01 | Adams Edward B JR | Buy | 14.49K | — | — |
| 2026-05-01 | Adams Edward B JR | Sell | 5.70K | $88.78 | 506.22K |
| 2026-05-01 | Piche Catherine | Buy | 5.03K | — | — |
| 2026-05-01 | Piche Catherine | Sell | 2.19K | $88.78 | 194.07K |
| 2026-05-01 | Collins Robert Sean | Buy | 1.14K | — | — |
| 2026-05-01 | Collins Robert Sean | Sell | 325 | $88.78 | 28.85K |
| 2026-04-10 | PATEL SUNIT S | Sell | 9.65K | — | — |
| 2026-04-10 | PATEL SUNIT S | Buy | 9.65K | — | — |
| 2026-04-10 | PATEL SUNIT S | Sell | 3.80K | $86.57 | 328.71K |
| 2026-02-27 | Collins Robert Sean | Sell | 3.00K | $87.49 | 262.47K |
| 2026-02-25 | Goldsmith Andrea Jo | Buy | 2.67K | — | — |
| 2026-02-25 | Jones Tammy | Buy | 2.67K | — | — |
| 2026-02-25 | Grace Timothy P. | Buy | 8.63K | — | — |
| 2026-02-25 | Genrich Jason | Buy | 1.02K | — | — |
| 2026-02-25 | Collins Robert Sean | Buy | 4.87K | — | — |
| 2026-02-25 | Adams Edward B JR | Sell | 4.65K | $86.34 | 401.48K |
| 2026-02-25 | Adams Edward B JR | Buy | 13.18K | — | — |
| 2026-02-25 | PATEL SUNIT S | Buy | 20.22K | — | — |
| 2026-02-25 | Hillabrant Christian H | Buy | 47.71K | — | — |
| 2026-02-25 | Piche Catherine | Buy | 16.81K | — | — |
| 2026-02-25 | MOTLAGH KATHERINE | Buy | 2.67K | — | — |
| 2026-02-25 | Melone Anthony J. | Buy | 2.67K | — | — |
| 2026-02-25 | Thornton Matthew III | Buy | 2.67K | — | — |
| 2026-02-25 | Bartolo P Robert | Buy | 4.59K | — | — |
| 2026-02-25 | Stephens Kevin A | Buy | 2.67K | — | — |
| 2026-02-25 | KABAT KEVIN T | Buy | 2.67K | — | — |
| 2026-02-25 | Grace Timothy P. | Other | 0 | — | — |
| 2026-02-19 | PATEL SUNIT S | Sell | 5.73K | — | — |
| 2026-02-19 | PATEL SUNIT S | Buy | 5.73K | — | — |
| 2026-02-19 | PATEL SUNIT S | Sell | 1.45K | $87.43 | 126.51K |
| 2026-02-19 | Adams Edward B JR | Buy | 4.26K | — | — |
| 2026-02-19 | Adams Edward B JR | Sell | 2.76K | $87.43 | 241.04K |
| 2026-02-19 | Adams Edward B JR | Buy | 3.60K | — | — |
| 2026-02-19 | Adams Edward B JR | Buy | 2.43K | — | — |
| 2026-02-19 | Adams Edward B JR | Sell | 4.26K | — | — |
| 2026-02-19 | Adams Edward B JR | Sell | 3.60K | — | — |
| 2026-02-19 | Adams Edward B JR | Sell | 2.43K | — | — |
| 2026-02-19 | Piche Catherine | Buy | 5.44K | — | — |
| 2026-02-19 | Piche Catherine | Sell | 1.61K | $87.43 | 140.50K |
| 2026-02-19 | Piche Catherine | Sell | 5.44K | — | — |
| 2026-02-19 | Levendos Christopher | Buy | 6.39K | — | — |
| 2026-02-19 | Levendos Christopher | Sell | 4.52K | $87.43 | 395.18K |
| 2026-02-19 | Levendos Christopher | Buy | 5.40K | — | — |
| 2026-02-19 | Levendos Christopher | Buy | 3.91K | — | — |
| 2026-02-19 | Levendos Christopher | Sell | 6.39K | — | — |
| 2026-02-19 | Levendos Christopher | Sell | 5.40K | — | — |
| 2026-02-19 | Levendos Christopher | Sell | 3.91K | — | — |
| 2026-02-19 | Collins Robert Sean | Buy | 1.13K | — | — |
| 2026-02-19 | Collins Robert Sean | Sell | 1.05K | $87.43 | 92.15K |
| 2026-02-19 | Collins Robert Sean | Buy | 796 | — | — |
| 2026-02-19 | Collins Robert Sean | Buy | 1.47K | — | — |
| 2026-02-19 | Collins Robert Sean | Sell | 1.13K | — | — |
| 2026-02-19 | Collins Robert Sean | Sell | 796 | — | — |
| 2026-02-19 | Collins Robert Sean | Sell | 1.47K | — | — |
| 2026-02-17 | Melone Anthony J. | Sell | 3.38K | — | — |
| 2026-02-10 | Adams Edward B JR | Buy | 2.44K | — | — |
| 2026-02-10 | Adams Edward B JR | Sell | 672 | $84.54 | 56.81K |
| 2026-02-10 | Adams Edward B JR | Sell | 2.44K | — | — |
| 2026-02-06 | Levendos Christopher | Sell | 1.88K | $79.71 | 150.09K |
| 2025-11-10 | Piche Catherine | Buy | 5.37K | — | — |
| 2025-11-10 | Piche Catherine | Sell | 1.54K | $89.54 | 138.07K |
| 2025-11-10 | Piche Catherine | Sell | 5.37K | — | — |
| 2025-10-28 | Levendos Christopher | Sell | 1.06K | $93.98 | 100.09K |
| 2025-10-24 | SCHLANGER DANIEL K | Sell | 30.00K | $98.08 | 2.94M |
| 2025-09-15 | Hillabrant Christian H | Buy | 73.40K | — | — |
| 2025-09-15 | Hillabrant Christian H | Buy | 22.02K | — | — |
| 2025-09-15 | Hillabrant Christian H | Other | 0 | — | — |
| 2025-08-08 | SCHLANGER DANIEL K | Sell | 15.00K | $105.80 | 1.59M |
| 2025-08-06 | Levendos Christopher | Sell | 1.42K | $105.83 | 149.96K |
| 2025-05-09 | Stephens Kevin A | Buy | 380 | $103.27 | 39.24K |
| 2025-05-02 | Collins Robert Sean | Sell | 3.60K | $106.72 | 384.19K |
| 2025-05-02 | Levendos Christopher | Sell | 2.81K | $106.90 | 300.39K |
| 2025-05-02 | Adams Edward B JR | Sell | 8.00K | $106.37 | 850.96K |
| 2025-05-02 | SCHLANGER DANIEL K | Sell | 20.00K | $106.38 | 2.13M |
| 2025-05-02 | SCHLANGER DANIEL K | Sell | 5 | $106.88 | 534 |
| 2025-04-18 | Chan Edmond | Other | 0 | — | — |
| 2025-04-01 | PATEL SUNIT S | Buy | 28.95K | — | — |
| 2025-04-01 | PATEL SUNIT S | Buy | 17.18K | — | — |
| 2025-03-23 | SCHLANGER DANIEL K | Buy | 40.48K | — | — |
| 2025-03-23 | SCHLANGER DANIEL K | Buy | 16.29K | — | — |
| 2025-03-17 | MOTLAGH KATHERINE | Buy | 2.51K | — | — |
| 2025-03-17 | MOTLAGH KATHERINE | Other | 0 | — | — |
| 2025-02-26 | Piche Catherine | Buy | 16.32K | — | — |
| 2025-02-26 | MOSKOWITZ STEVEN J | Buy | 54.24K | — | — |
| 2025-02-26 | Levendos Christopher | Buy | 19.18K | — | — |
| 2025-02-26 | Collins Robert Sean | Buy | 3.38K | — | — |
| 2025-02-26 | Chan Edmond | Buy | 12.70K | — | — |
| 2025-02-26 | Adams Edward B JR | Buy | 12.79K | — | — |
| 2025-02-26 | Thornton Matthew III | Buy | 2.51K | — | — |
| 2025-02-26 | Stephens Kevin A | Buy | 2.51K | — | — |
Institutional holders
Latest filed quarter: Q2 2026.
Institutions holding: 973. Ownership 99.16%.
| Holder | Shares | Change | Change % | Value |
|---|---|---|---|---|
| BLACKROCK, INC. | 43.92M | New | New | 3.33B |
| COHEN & STEERS, INC. | 39.08M | New | New | 2.96B |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 37.90M | New | New | 2.87B |
| VANGUARD CAPITAL MANAGEMENT LLC | 28.51M | New | New | 2.16B |
| STATE STREET CORP | 23.02M | New | New | 1.74B |
| WELLINGTON MANAGEMENT GROUP LLP | 17.33M | New | New | 1.31B |
| LAZARD ASSET MANAGEMENT LLC | 15.10M | New | New | 1.14B |
| GEODE CAPITAL MANAGEMENT, LLC | 13.61M | New | New | 1.03B |
| MORGAN STANLEY | 9.83M | New | New | 744.42M |
| DIMENSIONAL FUND ADVISORS LP | 6.37M | New | New | 482.71M |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 6.33M | New | New | 479.62M |
| SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. | 6.33M | New | New | 479.62M |
| LEGAL & GENERAL GROUP PLC | 6.03M | New | New | 456.90M |
| NORGES BANK | 5.83M | New | New | 441.52M |
| DEUTSCHE BANK AG\ | 5.67M | New | New | 429.34M |
| DAIWA SECURITIES GROUP INC. | 4.71M | New | New | 356.33M |
| BANK OF AMERICA CORP /DE/ | 4.61M | New | New | 348.78M |
| JPMORGAN CHASE & CO | 4.36M | New | New | 342.45M |
| ROYAL BANK OF CANADA | 4.39M | New | New | 332.74M |
| INVESCO LTD. | 4.14M | New | New | 313.80M |
| NORTHERN TRUST CORP | 3.93M | New | New | 297.34M |
| UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC | 3.87M | New | New | 293.30M |
| BARCLAYS PLC | 3.82M | New | New | 289.64M |
| FIL LTD | 3.58M | New | New | 270.86M |
| PRINCIPAL FINANCIAL GROUP INC | 3.22M | New | New | 243.71M |
Earnings and financials
Crown Castle Inc. (CCI) trades at $87.76, with a market cap of $38.35B and a trailing P/E of 36.61. Revenue below is the annual history on file. It describes what the business has already reported. It is not a forecast and it is not a recommendation.
Financials
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 3921000000 | 4255000000 | 5370000000 | 5763000000 | 5840000000 | 6340000000 | 6986000000 | 6981000000 | 6568000000 | 4265000000 |
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