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Crown Castle Inc. CCI

19 fiscal years on record · USD · FY2025 reported · SEC filings only
$4.3B
▼ 4.4% YoY
$444.0M
$2.9B
▲ 3.9% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

The company owns, operates and leases shared communications infrastructure geographically dispersed throughout the U.S., including more than 40,000 towers and other structures such as rooftops, approximately 105,000 small cell nodes, and approximately 90,000 route miles of fiber. As of January 31, 2026, it employed approximately 4,000 people. Following the classification of its Fiber Business as discontinued operations, the company has one reportable segment, which is also its operating segment, consisting of its towers operations. Its core business is providing access, including space or capacity, to its towers via long-term contracts in various forms, including lease, license, sublease and service agreements.

Written from the business description in CROWN CASTLE INC.'s annual report to the U.S. Securities and Exchange Commission, filed 23 February 2026. Every sentence was checked against that document before publication.

Growth

USD 4.3B
Revenue, FY2025 · full 19-year series below
Revenue $B Net income $B
FY2025 · Revenue 4.3 · Net income 0.4
2.5B5.0B-1.5B-3.0B
2007201020132016201920222025
Compound annual growth
−15.2%
−6.1%
+1.5%
+5.6%
−11.6%
−36.0%
−15.5%
−13.7%
−7.4%
−0.7%
+3.6%
−7.6%
−0.7%
+6.3%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at −6.1% a year over the five years to FY2025.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

10 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 48.7% · Net 10.4%
20%40%-50%
200720162025
ROE
FY2023 · ROE 21.7%
10%20%-5%-10%
200720162025
Three returns, three denominators.
Return on equityNot applicable: equity was zero or negative in this period, so return on equity has no meaning.

Return on equity has no reading this year — return on capital employed, just below, still does: 7%.

Cash & shareholders

USD 2.1B
returned in FY2025 · dividends + net buybacks
Free cash flow $B
FY2025 · FCF 2.9
2B3B
200720162025
Net buybacks $B Dividends $B
FY2025 · Dividends 2.1 · Net buybacks 0.0
1B2B-2B-3BDividendsNet buybacks
2007201020132016201920222025

USD 2.1B in dividends and USD 23.0M in buybacks — 474% of the year's profit, so the payout drew on cash built up earlier.

Total assetsUSD 31.5B
CashUSD 99.0M
Gross debtUSD 27.1B
Net debtUSD 27.0B
Current ratio0.26×

Equity was zero or negative — liabilities equaled or exceeded assets. No ratio is shown.

The 19-year record

19 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative—not applicable◌not available in our data
CCI, 19-year financial record
Metric 2025202420232022202120202019201820172016201520142013201220112010200920082007
Revenue $B4.34.54.77.06.35.85.85.44.33.93.73.52.92.42.01.91.71.51.4
Operating income $B2.12.12.12.42.01.91.61.41.00.90.90.90.90.80.70.60.40.30.1
EBITDA $B2.82.92.94.13.63.53.12.92.22.12.01.91.61.51.21.11.00.80.6
Income tax $B0.00.00.00.00.00.0−0.0−0.0−0.0−0.0−0.1−0.00.2−0.10.0−0.0−0.1−0.1−0.1
Net income $B0.4−3.91.51.71.11.10.90.60.40.41.50.40.10.20.2−0.3−0.1−0.0−0.2
Free cash flow $B2.92.82.91.61.61.40.60.83.20.90.90.80.60.30.30.40.40.10.1
EPS, diluted $1.01−8.983.463.862.532.351.791.230.800.954.421.040.260.640.52−1.16−0.47◌◌
Dividend / sh $4.756.266.265.985.464.934.584.283.903.613.351870.000.000.00◌◌◌◌◌
Payout %468−70181◌◌◌◌◌3393477316000—————
ROE %——21.7◌◌◌◌◌4.65.022.05.71.87.17.1−11.6−4.0−1.7−7.0
Shares out B0.430.430.430.430.430.430.420.410.410.360.330.330.330.290.280.290.290.29◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures in 72 reconciliationsAUDITED

Reconciled in 19 of the 19 fiscal years we could check. Two checks were skipped: the balance sheet is not tagged before 2008. Two checks were skipped: EPS is not tagged before 2009.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityReal Estate Investment Trusts
Listed onNYSE
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2007

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