Crown Castle owns and operates communications infrastructure in the United States, including cell towers, small cells and fiber networks. It leases space on this infrastructure to wireless carriers and other customers that need to transmit signals and data. Revenue comes mainly from long-term lease agreements with a small number of large carriers, so the activity and financial health of those customers are important to its results.
Revenue of $4.2 billion was recorded for the latest twelve months; sales fell 15.2% a year over the past three years. Crown Castle Inc. converts that into an operating margin of 47.7%. Return on invested capital comes to 13%. Net debt to EBITDA is 6.5 times. A dividend is paid, with a yield of 5.2%, and the X-Ray Score is 50 out of 100.
Written with AI from public information and the filing figures on this page, then checked automatically for unsupported numbers. It can contain mistakes: read the company's own filings below before relying on it.
52-wk range $65.32 – $95.58Volume 9,151,300Daily, split-adjusted
Vitals
Market cap$35.7B
52-week range$65.32 – $95.58
Volume (last day)9,151,300
P/E (TTM)41.6
EBIT / EV yield3.7%
Free-cash-flow yield6.7%
Dividend yield5.2%
Revenue (TTM)$4.2B
Net income (TTM)$862M
Operating margin47.7%
Return on capital12.8%
Debt incl. leases$18.2B
Cash & securities$1.0B
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies like Apple). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
Not rated
REIT valuation (FFO multiples + DDM) not built yet: not rated
What this means
Read the lenses below
A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Real Estate peers. Open a lens to see the numbers behind it.
ValuationStrong
73/100
Cheap against its sector on earnings and cash flow.
See the numbers →
EBIT / EV yield3.7%
Free-cash-flow yield6.7%
GrowthWeak
18/100
Growing slower than most of its sector.
See the numbers →
Revenue growth (3y)-15.2%
EPS growth (3y)-36.0%
Growth consistency10%
ProfitabilityStrong
80/100
Earns high returns on the capital it uses.
See the numbers →
Return on invested capital12.8%
Operating margin47.7%
Gross profitability18.9%
Financial healthWeak
22/100
Balance sheet is more stretched than most peers.
See the numbers →
Piotroski F-Score5 / 9
Net debt / EBITDA6.5×
Interest cover2.1×
DividendsWeak
41/100
Dividend is modest or less certain than peers.
See the numbers →
Dividend yield5.2%
Dividends vs free cash flow77%
Dividend growth-7.2%
Quarterly results: last 6 quarters
-4.8%Mar '25
-4.2%Jun '25
-4.3%Sep '25
-4.3%Dec '25
-4.8%Mar '26
-4.9%Jun '26
Revenue against the same quarter a year earlier. Latest quarter revenue $1.0B, diluted EPS $0.22.
Other Telecom Tower REITs companies by X-Ray Score.
Fundamentals checklist
● 5 Good · ● 2 Average · ● 8 Bad
Cash quality
Earnings backed by cashGood
Free-cash-flow yieldGood
Risk models
Altman Z''Bad
Piotroski F-ScoreBad
Growth
EPS growth (3y)Bad
Free-cash-flow growth (3y)Average
Revenue growth (3y)Bad
Growth consistencyBad
Balance sheet
Current ratioBad
Net debt / EBITDABad
Interest coverBad
Valuation
EBIT / EV yieldAverage
Profitability
Return on invested capitalGood
Operating marginGood
Gross profitabilityGood
Each check is graded against the company's sector, not a fixed number. Checklist score 53/100.
Financials
FY21
FY22
FY23
FY24
FY25
Revenue
$6.3B
$7.0B
$4.7B
$4.5B
$4.3B
Operating income
$2.0B
$2.4B
$2.1B
$2.1B
$2.1B
Net income
$1.1B
$1.7B
$1.5B
−$3.9B
$444M
Operating cash flow
$2.8B
$2.9B
$3.1B
$2.9B
$3.1B
Operating margin
31.6%
34.7%
44.3%
47.5%
48.7%
Free cash flow
$1.6B
$1.6B
$2.9B
$2.8B
$2.9B
Diluted EPS
$2.53
$3.86
$3.46
$-8.98
$1.01
Fiscal years, from SEC filings.
Technical summary
Daily
Bullish
12 bullish · 0 neutral · 4 bearish
Weekly
Bullish
7 bullish · 1 neutral · 4 bearish
Monthly
Bearish
2 bullish · 1 neutral · 5 bearish
Moving averages (daily)
SMA 10
75.56
Bullish
EMA 10
76.88
Bullish
SMA 20
72.01
Bullish
EMA 20
74.48
Bullish
SMA 50
73.25
Bullish
EMA 50
74.13
Bullish
SMA 100
76.95
Bullish
EMA 100
76.26
Bullish
SMA 200
80.51
Bullish
EMA 200
79.77
Bullish
Oscillators (daily)
RSI (14)
73.21
Bearish
MACD (12, 26)
2.12
Bullish
Momentum (12)
23.42
Bullish
Stochastic %K (14)
94.43
Bearish
Williams %R (14)
-5.57
Bearish
CCI (20)
129.7
Bearish
Pivot points (classic, last session)
S3
76.36
S2
77.94
S1
80.10
Pivot
81.68
R1
83.84
R2
85.42
R3
87.58
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
4.25 USD
Yield on today's price
5.17%
Frequency
Quarterly
Next ex-dividend date
Not announced
Ex-dividend date
Amount per share
15 Sep 2026
1.0630
15 Jun 2026
1.0630
13 Mar 2026
1.0630
15 Dec 2025
1.0630
15 Sep 2025
1.0630
13 Jun 2025
1.0630
14 Mar 2025
1.5650
13 Dec 2024
1.5650
13 Sep 2024
1.5650
14 Jun 2024
1.5650
14 Mar 2024
1.5650
14 Dec 2023
1.5650
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.