CCINYSEReal Estate Investment TrustsFiscal year ends December 31
CROWN CASTLE INC.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 5, 2026
$81.06−1.20 (-1.46%)
Close on Oct 19, 2026
- Market cap
- $35.18B
- P/E (TTM)
- 41.1
- Dividend yield
- 5.86%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
97.3%+30.3 pts over 5 years
Operating margin
48.7%+16.8 pts over 5 years
Net margin
10.4%
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -4.4% | -15.2% | -6.1% | +1.5% | |
| Gross profit | -4.6% | -5.8% | +1.2% | +2.3% | |
| Operating income | -2.0% | -5.1% | +2.2% | +8.2% | |
| Net income | – | – | – | -11.6% | |
| EPS, diluted | – | -36.0% | -15.5% | -13.7% | |
| Free cash flow | +3.9% | +22.4% | +15.0% | +12.5% | |
| Dividend per share | -24.1% | -7.4% | -0.7% | +3.6% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on assets | 1.6% | – | 1.4% | |
| Current ratio | 1.38 | 0.56 | 0.26 | |
| Net debt to EBITDA | 5.58× | 5.44× | 8.77× | |
| Interest coverage | 1.9× | 2.7× | 2.1× | |
| Capex to revenue | 22.3% | 27.8% | 4.3% | |
| Diluted shares | 341M | 425M | 437M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Crown Castle generated $14.79B from operations and spent $15.87B on capital expenditure, dividends and share buybacks. 20% of that went back into the business.
Generated
$14.79B
Used
$15.87B
Capital expenditure$3.14B20%Dividends$12.51B79%Share buybacks$221.00M1%
DuPont needs revenue, assets and equity
This company does not report all three for consecutive years.
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
6of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$444.00M
- Cash generatingOperating cash flow above zero$3.06B
- Return on assets improvedROA up on the prior year-10.1% → 1.4%
- Earnings backed by cashOperating cash flow above net income$3.06B vs $444.00M
- Less leverageLong-term debt to assets fell71.6% → 68.4%
- Better liquidityCurrent ratio rose0.50 → 0.26
- No dilutionShare count did not rise434M → 437M
- Gross margin improvedGross margin up on the prior year97.60% → 97.35%
- More efficientAsset turnover rose0.12 → 0.13