Crown Castle Inc. CCI
Crown Castle Inc. specializes in critical digital infrastructure across the United States. The company actively manages, operates, and leases an expansive network, featuring over 40,000 cellular communication towers and approximately 80,000 miles of fiber optic cable. This comprehensive infrastructure underpins both small cell deployments and various advanced fiber solutions, spanning every significant U.S. metropolitan area. Through these vital connections, Crown Castle links communities and urban centers to essential data, cutting-edge technology, and indispensable wireless services, thereby delivering crucial information, innovative concepts, and communication capabilities to individuals and enterprises alike. More information can be found at www.crowncastle.com.
Business overview written from the company's own Form 10-K (Item 1), filed 2026-02-23 — refreshed whenever it files a new one. The figures above are current; see its SEC filings. ✓ From the 10-K
Plain-English: the Snapshot is the quick read — what it pays you (yield, dividend), how its cash flow looks (FFO/AFFO, Price/OCF) and how much debt it carries. Switch to Expert in the header to hide these explanations.
Snapshot
Reported FFO / AFFO / leverage are from the FY 2026 earnings release (filed 2026-05-01) — 8-K, EX-99.1 ✓ Verified to filing.
Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.
$10,000 invested
Illustrative income only, at today's price and latest declared dividend — it excludes price changes, dividend cuts and taxes. Not a forecast.
Model CCI yourself — any amount, shares, per-payment & a multi-year DRIP projection →
Balance sheet (latest FY: 2025)
Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.
Financial history
| FY | Revenue | Net income | D&A | EBITDA | Op. cash flow |
|---|---|---|---|---|---|
| 2025 | $4.26B | $444.00M | $689.00M | $2.77B | $3.06B |
| 2024 | $6.57B | $-3.90B | $1.74B | $-1.24B | $2.94B |
| 2023 | $6.98B | $1.50B | $1.75B | $4.10B | $3.13B |
| 2022 | $6.99B | $1.68B | $1.71B | $4.07B | $2.88B |
| 2021 | $6.34B | $1.10B | $1.64B | $3.46B | $2.73B |
| 2020 | $5.84B | $1.06B | $1.61B | $3.35B | $3.06B |
Dividends
Recent regular dividends per share (special distributions excluded), oldest → newest.
| Ex-date | Record | Payment | Declared | Amount | Freq. |
|---|---|---|---|---|---|
| 2026-06-15 | 2026-06-15 | 2026-06-30 | 2026-05-20 | $1.06 | Quarterly |
| 2026-03-13 | 2026-03-13 | 2026-03-31 | 2026-02-25 | $1.06 | Quarterly |
| 2025-12-15 | 2025-12-15 | 2025-12-31 | 2025-11-05 | $1.06 | Quarterly |
| 2025-09-15 | 2025-09-15 | 2025-09-30 | 2025-08-06 | $1.06 | Quarterly |
| 2025-06-13 | 2025-06-13 | 2025-06-30 | 2025-05-21 | $1.06 | Quarterly |
| 2025-03-14 | 2025-03-14 | 2025-03-31 | 2025-02-26 | $1.56 | Quarterly |
| 2024-12-13 | 2024-12-13 | 2024-12-31 | 2024-11-06 | $1.56 | Quarterly |
| 2024-09-13 | 2024-09-13 | 2024-09-30 | 2024-08-07 | $1.56 | Quarterly |
| 2024-06-14 | 2024-06-14 | 2024-06-28 | 2024-05-22 | $1.56 | Quarterly |
| 2024-03-14 | 2024-03-15 | 2024-03-28 | 2024-02-21 | $1.56 | Quarterly |
| 2023-12-14 | 2023-12-15 | 2023-12-29 | 2023-10-18 | $1.56 | Quarterly |
| 2023-09-14 | 2023-09-15 | 2023-09-29 | 2023-07-21 | $1.56 | Quarterly |
| 2023-06-14 | 2023-06-15 | 2023-06-30 | 2023-05-01 | $1.56 | Quarterly |
| 2023-03-14 | 2023-03-15 | 2023-03-31 | 2023-02-07 | $1.56 | Quarterly |
| 2022-12-14 | 2022-12-15 | 2022-12-30 | 2022-10-19 | $1.56 | Quarterly |
| 2022-09-14 | 2022-09-15 | 2022-09-30 | 2022-07-25 | $1.47 | Quarterly |
| 2022-06-14 | 2022-06-15 | 2022-06-30 | 2022-05-10 | $1.47 | Quarterly |
| 2022-03-14 | 2022-03-15 | 2022-03-31 | 2022-02-08 | $1.47 | Quarterly |
| 2021-12-14 | 2021-12-15 | 2021-12-31 | 2021-10-20 | $1.47 | Quarterly |
| 2021-09-14 | 2021-09-15 | 2021-09-30 | 2021-08-05 | $1.33 | Quarterly |
| 2021-06-11 | 2021-06-14 | 2021-06-30 | 2021-05-21 | $1.33 | Quarterly |
| 2021-03-12 | 2021-03-15 | 2021-03-31 | 2021-02-18 | $1.33 | Quarterly |
| 2020-12-14 | 2020-12-15 | 2020-12-31 | 2020-10-21 | $1.33 | Quarterly |
| 2020-09-14 | 2020-09-15 | 2020-09-30 | 2020-08-06 | $1.20 | Quarterly |
Coverage (payout of operating cash flow): 60.75%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).
Recent news — CCI
Stay Ahead of the Game With Crown Castle (CCI) Q2 Earnings: Wall Street's Insights on Key Metrics
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Headlines via Financial Modeling Prep; links open the original publisher in a new tab. Not an endorsement or investment advice.
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Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.