Crown Castle Financial Statements
NYSE: CCIReal EstateReal Estate Investment TrustsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
After hours: 79.73 +0.11%
Crown Castle revenue and earnings
In fiscal 2025, Crown Castle generated $4.26 billion in revenue, down 4.4% from fiscal 2024, its first annual decline since 2024. Net income was $444.0 million, for a net margin of 10.4% versus a median of 18.1% in the prior 5 years. Gross margin was 97.3% (up from 59.5%) and operating margin 48.7%.
Diluted earnings per share came in at $1.01. Over the last 5 fiscal years, CCI's revenue has grown at a -6.1% compound annual rate (a contraction).
Summary generated from market data by MetaCap's automated system. Methodology
Crown Castle income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4.26B | 4.46B | 4.73B | 6.99B | 6.34B | 5.84B | 5.76B | 5.37B | 4.25B | 3.92B |
| Revenue growth (YoY) | -4.39% | -5.79% | -32.24% | +10.19% | +8.56% | +1.34% | +7.32% | +26.20% | +8.52% | +7.02% |
| Cost of Revenue | 113.00M | 1.81B | 1.94B | 2.02B | 1.95B | 1.93B | 524.00M | 434.00M | 399.00M | 417.00M |
| Gross Profit | 4.15B | 2.65B | 2.80B | 4.96B | 4.39B | 3.91B | 5.24B | 4.94B | 3.86B | 3.50B |
| Operating Expenses | 2.08B | 536.00M | 702.00M | 2.54B | 2.39B | 2.05B | 3.68B | 3.55B | 2.89B | 2.56B |
| Selling, General & Admin | 383.00M | 435.00M | 502.00M | 750.00M | 680.00M | 678.00M | 614.00M | 563.00M | 426.00M | 371.00M |
| Operating Income | 2.08B | 2.12B | 2.10B | 2.42B | 2.00B | 1.86B | 1.56B | 1.38B | 967.00M | 949.00M |
| Interest Expense | 972.00M | 932.00M | 849.00M | -699.00M | 657.00M | 689.00M | 683.00M | 642.00M | 0 | 0 |
| Other Income (Expense) | 3.00M | -26.00M | -5.00M | -10.00M | -21.00M | -5.00M | 1.00M | 1.00M | 1.00M | -9.00M |
| Pretax Income | 1.12B | 1.18B | 1.26B | 1.69B | 1.18B | 1.08B | 881.00M | 641.00M | 392.00M | 374.00M |
| Income Tax | 16.00M | 18.00M | 21.00M | 16.00M | 21.00M | 20.00M | -21.00M | -19.00M | -26.00M | -17.00M |
| Net Income | 444.00M | -3.90B | 1.50B | 1.68B | 1.10B | 1.06B | 860.00M | 622.00M | 444.55M | 356.97M |
| Net Income growth (YoY) | — | -359.85% | -10.33% | +52.83% | +3.79% | +22.79% | +38.26% | +39.92% | +24.53% | -76.53% |
| EPS (Basic) | 1.02 | -8.98 | 3.46 | 3.87 | 2.54 | 2.36 | 1.80 | 1.23 | 0.80 | 0.95 |
| EPS (Diluted) | 1.01 | -8.98 | 3.46 | 3.86 | 2.53 | 2.35 | 1.79 | 1.23 | 0.80 | 0.95 |
| Shares Outstanding (Basic) | 435.00M | 434.00M | 434.00M | 433.00M | 432.00M | 423.00M | 416.00M | 413.00M | 382.00M | 340.00M |
| Shares Outstanding (Diluted) | 437.00M | 434.00M | 434.00M | 434.00M | 434.00M | 425.00M | 418.00M | 415.00M | 383.00M | 341.00M |
| EBITDA | 2.77B | 2.85B | 2.88B | 4.13B | 3.65B | 3.47B | 3.13B | 2.91B | 2.21B | 2.06B |
| Gross Margin | 97.35% | 59.51% | 59.13% | 71.03% | 69.20% | 67.00% | 90.91% | 91.92% | 90.62% | 89.36% |
| Operating Margin | 48.66% | 47.49% | 44.30% | 34.71% | 31.56% | 31.90% | 27.05% | 25.75% | 22.73% | 24.20% |
| Net Margin | 10.41% | -87.51% | 31.73% | 23.98% | 17.29% | 18.08% | 14.92% | 11.58% | 10.45% | 9.10% |
This table shows 10 annual periods of Crown Castle's income statement, from FY 2025 back to FY 2016, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow CCI's reporting calendar. What is a income statement?