Crown Castle Inc.
CCI- Exchange
- NYSE
- Industry
- Real Estate Investment Trusts
- SEC CIK
- 0001051470
In the last 90 days, Crown Castle Inc. insiders filed 0 open-market purchases and 1 sale; 945 institutions reported holding it in 13F filings for Q2 2026, worth $32.0B in total; no superinvestor holds it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Nov 5, 2026, 12:10 AM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Jan 12, 2026 | Mar 13, 2025 | Jan 24, 2024 | Jan 25, 2023 | Jan 26, 2022 |
| Revenue | $4.26B | $6.57B | $6.98B | $6.99B | $6.34B |
| Cost of revenue | $113.0M | $1.81B | $1.94B | $2.02B | $439.0M |
| Selling, general and administrative | $383.0M | $706.0M | $759.0M | $750.0M | $680.0M |
| Operating income | $2.08B | -$2.94B | $2.37B | $2.42B | $2.00B |
| Interest expense | $972.0M | -$932.0M | $850.0M | $699.0M | $657.0M |
| Income tax | $16.0M | $24.0M | $26.0M | $16.0M | -$21.0M |
| Net income | $444.0M | -$3.90B | $1.50B | $1.68B | $1.10B |
| EPS, basic | $1.02 | $-8.98 | $3.46 | $3.87 | $2.54 |
| EPS, diluted | $1.01 | $-8.98 | $3.46 | $3.86 | $2.53 |
| Weighted shares, basic | 435.0M | 434.0M | 434.0M | 433.0M | 432.0M |
| Weighted shares, diluted | 437.0M | 434.0M | 434.0M | 434.0M | 434.0M |
| Margins and growth | |||||
| Operating margin | 48.7% | -44.7% | 33.9% | 34.7% | 31.6% |
| Net margin | 10.4% | -59.4% | 21.5% | 24.0% | 17.3% |
| Revenue growth, year over year | −35.1% | −5.9% | −0.1% | +10.2% | +8.6% |
| Net income growth, year over year | – | −359.9% | −10.3% | +52.8% | +3.8% |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Jan 12, 2026 | Mar 13, 2025 | Jan 24, 2024 | Jan 25, 2023 | Jan 26, 2022 |
| Cash and equivalents | $99.0M | $119.0M | $105.0M | $156.0M | $292.0M |
| Accounts receivable | $172.0M | $478.0M | $481.0M | $593.0M | $543.0M |
| Total current assets | $1.14B | $1.09B | $1.03B | $1.22B | $1.25B |
| Property, plant and equipment | $6.27B | $15.5B | $15.7B | $15.4B | $15.3B |
| Goodwill | $5.13B | $5.13B | $10.1B | $10.1B | $10.1B |
| Intangible assets | $861.0M | $2.78B | $3.18B | $3.60B | $4.05B |
| Total assets | $31.5B | $32.7B | $38.5B | $38.9B | $39.0B |
| Accounts payable | $71.0M | $192.0M | $252.0M | $236.0M | $246.0M |
| Short-term debt | $2.78B | $610.0M | $835.0M | $819.0M | $72.0M |
| Total current liabilities | $4.48B | $2.18B | $2.58B | $2.73B | $2.03B |
| Long-term debt | $24.3B | $24.1B | $22.9B | $21.7B | $20.6B |
| Total liabilities | $33.2B | $32.9B | $32.1B | $31.5B | $30.8B |
| Shareholders' equity | -$1.64B | -$133.0M | $6.38B | $7.45B | $8.26B |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Jan 12, 2026 | Mar 13, 2025 | Jan 24, 2024 | Jan 25, 2023 | Jan 26, 2022 |
| Operating cash flow | $3.06B | $2.94B | $3.13B | $2.88B | $2.79B |
| Capital expenditures | $182.0M | $1.22B | $1.42B | $1.31B | $1.23B |
| Free cash flow | $2.88B | $1.72B | $1.70B | $1.57B | $1.56B |
| Depreciation and amortization | $690.0M | $1.74B | $1.75B | $1.71B | $1.64B |
| Stock-based compensation | $73.0M | $131.0M | $157.0M | $156.0M | $129.0M |
| Dividends paid | -$2.08B | -$2.73B | $2.72B | $2.60B | $2.37B |
| Share buybacks | -$23.0M | -$33.0M | $30.0M | $65.0M | $70.0M |
| Investing cash flow | -$1.16B | -$1.22B | -$1.52B | -$1.35B | -$1.33B |
| Financing cash flow | -$1.89B | -$1.71B | -$1.65B | -$1.67B | -$1.31B |
| Net change in cash | $0 | -$1.00M | $1.00M | $0 | – |
| Ratio | |||||
| Stock-based compensation, % of revenue | 1.7% | 2.0% | 2.2% | 2.2% | 2.0% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Nov 2, 2026 | 425.5M | −2.3% | SEC |
| Aug 3, 2026 | 425.5M | −2.3% | SEC |
| May 5, 2026 | 436.5M | +0.2% | SEC |
| Feb 19, 2026 | 436.1M | +0.1% | SEC |
| Nov 4, 2025 | 435.5M | +0.2% | SEC |
| Aug 4, 2025 | 435.5M | +0.2% | SEC |
| May 7, 2025 | 435.5M | +0.2% | SEC |
| Mar 12, 2025 | 435.4M | +0.3% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.