MARKETS / NYSE / CCI

NYSE · REAL ESTATE INVESTMENT TRUSTS · LARGE CAP

Crown Castle Inc. CCI

19 fiscal years on record · USD · FY2025 reported · SEC filings only

Revenue

$215.0M

▲ 12.0% YoY

Net income

$444.0M

Free cash flow

$2.9B

▲ 3.9% YoY

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 215.0M

Revenue, FY2025 · full 19-year series below

Revenue $B Net income $B

FY2025 · Revenue 0.2 · Net income 0.4

Compound annual growth

Revenue

−32.4%

−16.2%

−24.7%

−13.5%

Net income

−11.6%

EPS, diluted

−36.0%

−15.5%

−13.7%

Dividend / share

−7.4%

−0.7%

+3.6%

Returned to shareholders

−7.6%

−0.7%

+6.3%

+19.7%

3 yrs

5 yrs

10 yrs

15 yrs

Revenue compounded at −16.2% a year over five years.

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

207 cents

of every revenue dollar became profit

Operating margin Net margin

FY2025 · Operating 965.1% · Net 206.5%

ROE

FY2016 · ROE 5.0%

Gross margin47.4%

Operating margin965.1%

Net margin206.5%

Return on assets1.4%

EBITDAUSD 2.8B

Cash & shareholders

USD 2.1B

returned in FY2025 · dividends + net buybacks

Free cash flow $B

FY2025 · FCF 2.9

Net buybacks $B Dividends $B

FY2025 · Dividends 2.1 · Net buybacks 0.0

Dividends paidUSD 2.1B

Net buybacksUSD 23.0M

Share of profit473.6%

Consecutive raises—

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×

Not available: we don't have the shareholders' equity figure for this period.

The 19-year record

19 fiscal years

Every figure from documents filed with the SEC · USD

row low → row highnegative

Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Revenue $B	0.2	0.2	0.4	0.7	0.6	0.5	0.7	0.6	0.5	0.7	3.7	3.5	2.9	2.4	2.0	1.9	1.7	1.5	1.4
Operating income $B	2.1	2.1	2.1	2.4	2.0	1.9	1.6	1.4	1.0	0.9	0.9	0.9	0.9	0.8	0.7	0.6	0.4	0.3	0.1
EBITDA $B	2.8	2.9	2.9	4.1	3.6	3.5	3.1	2.9	2.2	2.1	2.0	1.9	1.6	1.5	1.2	1.1	1.0	0.8	0.6
Income tax $B	0.0	0.0	0.0	0.0	0.0	0.0	−0.0	−0.0	−0.0	−0.0	−0.1	−0.0	0.2	−0.1	0.0	−0.0	−0.1	−0.1	−0.1
Net income $B	0.4	−3.9	1.5	1.7	1.1	1.1	0.9	0.6	0.4	0.4	1.5	0.4	0.1	0.2	0.2	−0.3	−0.1	−0.0	−0.2
Free cash flow $B	2.9	2.8	2.9	1.6	1.6	1.4	0.6	0.8	3.2	0.9	0.9	0.8	0.6	0.3	0.3	0.4	0.4	0.1	0.1
EPS, diluted $	1.01	−8.98	3.46	3.86	2.53	2.35	1.79	1.23	0.80	0.95	4.42	1.04	0.26	0.64	0.52	−1.16	−0.47	·	·
Dividend / sh $	4.75	6.26	6.26	5.98	5.46	4.93	4.58	4.28	3.90	3.61	3.35	1870.00	0.00	0.00	·	·	·	·	·
Payout %	468	−70	181	·	·	·	·	·	339	347	73	160	0	0	·	·	·	·	·
ROE %	·	·	·	·	·	·	·	·	·	5.0	22.0	5.7	1.8	7.1	7.1	−11.6	−4.0	−1.8	·
Shares out B	0.43	0.43	0.43	0.43	0.43	0.43	0.42	0.41	0.41	0.36	0.33	0.33	0.33	0.29	0.28	0.29	0.29	0.29	·

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

Provenance

Company facts, as filed

How we verify · 0 failures in 72 reconciliationsAUDITED

Reconciled in 19 of 19 fiscal years. 4 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures

ActivityReal Estate Investment Trusts

Listed onNYSE

Incorporated inDelaware

Fiscal year endsDecember 31

Data on record since2007