CCI
Crown Castle Inc.Stock · Real EstateUS REITs 2.1% · S&P 500 Equal Weight 0.2% · S&P 500 0.05% · Russell 1000 0.05% · US Stock Market 0.05% · Russell 3000 0.05% · MSCI World 0.04% · MSCI ACWI 0.04%$75.62+2.37%
as of market close, Sep 11, 2026
☾ AH — —
CCI financial statements
The full income statement, balance sheet, and cash-flow statement for Crown Castle Inc. (CCI), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 434.6M2024-09 434.6M2024-12 435.4M2025-03 435.5M2025-06 435.5M2025-09 435.5M2025-12 436.1M2026-03 436.5M2026-06 425.5M-2.1% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 4.26B-4.4% | 4.46B-5.8% | 4.73B-32.2% | 6.99B+10.2% | 6.34B+8.6% | |
| Cost of revenue | 113M-93.7% | 1.81B-6.7% | 1.94B-4.4% | 2.02B+3.6% | 1.95B+1.3% | |
| Selling, general & administrative | 383M-12.0% | 435M-13.3% | 502M-33.1% | 750M+10.3% | 680M+0.3% | |
| Restructuring | 0.00-100.0% | 70.0M-4.1% | 73.0M | 0.00 | 0.00 | |
| Amortization of intangibles | 177M-10.6% | 198M-19.8% | 247M-44.6% | 446M+0.5% | 444M+1.1% | |
| Operating income | 2.08B-2.0% | 2.12B+1.0% | 2.10B-13.5% | 2.42B+21.2% | 2.00B+7.4% | |
| Interest expense | 972M+4.3% | 932M+9.8% | 849M+221.5% | -699M-206.4% | 657M-4.6% | |
| Interest & investment income | 13.0M-35.0% | 20.0M+33.3% | 15.0M+400.0% | 3.00M+200.0% | 1.00M-50.0% | |
| Other non-operating income | 3.00M+111.5% | -26.0M-420.0% | -5.00M+50.0% | -10.0M+52.4% | -21.0M-320.0% | |
| Pre-tax income | 1.12B-5.2% | 1.18B-6.2% | 1.26B-25.6% | 1.69B+43.4% | 1.18B+9.6% | |
| Income tax | 16.0M-11.1% | 18.0M-14.3% | 21.0M+31.3% | 16.0M-23.8% | 21.0M+5.0% | |
| 444M+111.4% | -3.90B-359.9% | 1.50B-10.3% | 1.68B+52.8% | 1.10B+3.8% | ||
| Income from continuing operations | 1.10B-5.1% | 1.16B-6.1% | 1.24B-26.1% | 1.68B+44.6% | 1.16B+9.7% | |
| Discontinued operations | — | — | 0.00 | 0.00+100.0% | -62.0M | |
| Preferred dividends | — | — | — | 0.00 | 0.00-100.0% | |
| Net income to common | — | -3.90B-359.9% | 1.50B-10.3% | 1.68B+52.8% | 1.10B+9.7% | |
| $1.01+111.2% | -$8.98-359.5% | $3.46-10.4% | $3.86+52.6% | $2.53+7.7% | ||
| EPS (basic) | $1.02+111.4% | -$8.98-359.5% | $3.46-10.6% | $3.87+52.4% | $2.54+7.6% | |
| Weighted-avg shares (basic) | 435M+0.2% | 434M+0.0% | 434M+0.2% | 433M+0.2% | 432M+2.1% | |
| Weighted-avg shares (diluted) | 437M+0.7% | 434M+0.0% | 434M+0.0% | 434M+0.0% | 434M+2.1% | |
| Dividends per share | $4.75-24.1% | $6.26+0.0% | $6.26+4.7% | $5.98+9.5% | $5.46+10.8% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 1.14B+5.0% | 1.09B+5.6% | 1.03B-15.2% | 1.22B-3.0% | 1.25B+13.6% | ||
| Cash & equivalents | 99.0M-1.0% | 100M-4.8% | 105M-32.7% | 156M-46.6% | 292M+25.9% | |
| Accounts receivable | 172M+33.3% | 129M-73.2% | 481M-18.9% | 593M+9.2% | 543M+26.0% | |
| Prepaid expenses | 79.0M+6.8% | 74.0M-28.2% | 103M+1.0% | 102M-2.9% | 105M+10.5% | |
| Other current assets | 23.0M-4.2% | 24.0M-57.1% | 56.0M-23.3% | 73.0M+37.7% | 53.0M-73.8% | |
| 31.5B-3.7% | 32.7B-15.0% | 38.5B-1.0% | 38.9B-0.3% | 39.0B+0.7% | ||
| Property, plant & equipment | 6.27B-4.6% | 6.58B-58.0% | 15.7B+1.7% | 15.4B+0.9% | 15.3B+0.7% | |
| Operating lease right-of-use | 5.47B-2.3% | 5.60B-9.5% | 6.19B-5.2% | 6.53B-2.3% | 6.68B+3.4% | |
| Goodwill | 5.13B+0.0% | 5.13B-49.2% | 10.1B+0.0% | 10.1B+0.1% | 10.1B+0.0% | |
| Intangible assets | 861M-17.0% | 1.04B-67.4% | 3.18B-11.6% | 3.60B-11.1% | 4.05B-8.7% | |
| Other non-current assets | 61.0M+5.2% | 58.0M-58.3% | 139M+2.2% | 136M+10.6% | 123M+3.4% | |
| 4.48B+105.7% | 2.18B-15.8% | 2.58B-5.3% | 2.73B+34.8% | 2.03B+2.9% | ||
| Accounts payable | 71.0M+47.9% | 48.0M-81.0% | 252M+6.8% | 236M-4.1% | 246M+7.0% | |
| Deferred revenue | 192M+36.2% | 141M-76.7% | 605M-17.8% | 736M-5.2% | 776M+10.2% | |
| Short-term & current debt | 2.78B+361.5% | 603M-27.8% | 835M+2.0% | 819M+1037.5% | 72.0M-44.2% | |
| Current lease liability | 268M+1.5% | 264M-20.5% | 332M-5.1% | 350M+0.3% | 349M+6.1% | |
| Other current liabilities | 168M+0.6% | 167M-51.2% | 342M-16.0% | 407M+1.5% | 401M+6.1% | |
| 33.2B+0.9% | 32.9B+2.2% | 32.1B+2.1% | 31.5B+2.2% | 30.8B+5.0% | ||
| Long-term debt | 24.3B+1.1% | 24.1B+5.1% | 22.9B+5.5% | 21.7B+5.3% | 20.6B+7.0% | |
| Non-current lease liability | 4.96B-2.0% | 5.06B-9.0% | 5.56B-5.4% | 5.88B-2.5% | 6.03B+3.8% | |
| Operating lease liability (total) | 5.23B-5.5% | 5.53B-6.1% | 5.89B-5.4% | 6.23B-2.3% | 6.38B+4.0% | |
| Other non-current liabilities | 607M-5.9% | 645M-66.3% | 1.91B-1.8% | 1.95B-10.1% | 2.17B-8.9% | |
| -1.64B-1129.3% | -133M-102.1% | 6.38B-14.3% | 7.45B-9.8% | 8.26B-12.7% | ||
| Common stock | 4.00M+0.0% | 4.00M+0.0% | 4.00M+0.0% | 4.00M+0.0% | 4.00M+0.0% | |
| Additional paid-in capital | 18.5B+0.7% | 18.4B+0.7% | 18.3B+0.9% | 18.1B+0.6% | 18.0B+0.4% | |
| Retained earnings | -20.2B-8.8% | -18.5B-55.8% | -11.9B-11.5% | -10.7B-9.4% | -9.75B-15.1% | |
| Accumulated other comprehensive income | -5.00M+0.0% | -5.00M-25.0% | -4.00M+20.0% | -5.00M-25.0% | -4.00M+0.0% | |
| Total equity incl. non-controlling | -1.64B-1129.3% | -133M-102.1% | 6.38B-14.3% | 7.45B-9.8% | 8.26B-12.7% | |
| Total liabilities & equity | 31.5B-3.7% | 32.7B-15.0% | 38.5B-1.0% | 38.9B-0.3% | 39.0B+0.7% | |
| Common shares issued | 435M+0.0% | 435M+0.2% | 434M+0.2% | 433M+0.2% | 432M+0.2% | |
| Common shares outstanding | 435M+0.0% | 435M+0.2% | 434M+0.2% | 433M+0.2% | 432M+0.2% | |
| Shares outstanding (cover) | 436M+0.1% | 435M+0.3% | 434M+0.2% | 433M+0.3% | 432M+0.2% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 3.06B+3.9% | 2.94B-5.9% | 3.13B+8.6% | 2.88B+3.2% | 2.79B-8.7% | ||
| Depreciation & amortization | 690M-6.3% | 736M-6.5% | 787M-53.9% | 1.71B+3.8% | 1.64B+2.2% | |
| Intangible amortization | 177M-10.6% | 198M-19.8% | 247M-44.6% | 446M+0.5% | 444M+1.1% | |
| Share-based compensation | 73.0M-13.1% | 84.0M-17.6% | 102M-34.6% | 156M+20.9% | 129M-6.5% | |
| Deferred income taxes | 0.00-100.0% | 4.00M-55.6% | 9.00M+200.0% | 3.00M-25.0% | 4.00M+33.3% | |
| -1.16B+5.1% | -1.22B+19.7% | -1.52B-12.4% | -1.35B-1.5% | -1.33B+23.5% | ||
| Capital expenditure | 182M+3.4% | 176M-27.6% | 243M-81.5% | 1.31B+6.6% | 1.23B-24.3% | |
| Free cash flow | 2.88B+3.9% | 2.77B-4.0% | 2.88B+83.9% | 1.57B+0.5% | 1.56B+9.0% | |
| Acquisitions | 0.00-100.0% | 8.00M-91.7% | 96.0M+174.3% | 35.0M-68.5% | 111M+3.7% | |
| Other investing activities | -4.00M+55.6% | -9.00M-80.0% | -5.00M-171.4% | 7.00M+187.5% | -8.00M-180.0% | |
| -1.89B-10.4% | -1.71B-3.3% | -1.65B+0.7% | -1.67B-27.1% | -1.31B-3.1% | ||
| Long-term debt issued | 0.00-100.0% | 1.24B-67.6% | 3.84B+413.8% | 748M-81.2% | 3.98B+6.8% | |
| Long-term debt repaid | 1.20B+60.0% | 750M+0.0% | 750M-41.1% | 1.27B-39.0% | 2.09B-16.1% | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 23.0M-30.3% | 33.0M+10.0% | 30.0M-53.8% | 65.0M-7.1% | 70.0M-7.9% | |
| Dividends paid | 2.08B-23.8% | 2.73B+0.2% | 2.72B+4.7% | 2.60B+9.7% | 2.37B+12.7% | |
| FX effect on cash | — | — | — | — | 0.00 | |
| Net change in cash | 0.00+100.0% | -1.00M-200.0% | 1.00M | 0.00 | 0.00 | |
| Interest paid | 965M+7.8% | 895M+11.9% | 800M+17.0% | 684M+3.5% | 661M+1.2% | |
| Income taxes paid | 15.0M+50.0% | 10.0M-23.1% | 13.0M+30.0% | 10.0M-50.0% | 20.0M+5.3% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 38.8B-1.9% | 39.5B-20.9% | 50.0B-15.0% | 58.7B-34.9% | 90.2B+31.4% | |
| P/E | 87.3× | — | 32.2×-11.6% | 36.4×-55.8% | 82.3×+26.6% | |
| P/S | 9.1×+2.6% | 8.9×+25.4% | 7.1×-17.3% | 8.5×-40.0% | 14.2×+21.0% | |
| P/B | — | — | 7.5×-2.1% | 7.6×-30.0% | 10.9×+50.5% | |
| P/FCF | 13.5×-5.6% | 14.3×-53.1% | 30.4×-21.6% | 38.8×-32.9% | 57.8×+20.5% | |
| Earnings yield | 1.1% | — | 3.1%+13.1% | 2.7%+126.2% | 1.2%-21.0% | |
| FCF yield | 7.4%+6.0% | 7.0%+113.0% | 3.3%+27.5% | 2.6%+49.1% | 1.7%-17.0% | |
| Dividend yield | 5.3%-22.5% | 6.9%+26.9% | 5.4%+23.3% | 4.4%+68.5% | 2.6%-15.5% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: CCI’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all CCI filings on SEC EDGAR → Not investment advice.