Crown Castle Cash Flow Statement
NYSE: CCIReal EstateReal Estate Investment TrustsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Crown Castle free cash flow
In fiscal 2025, Crown Castle generated $3.06 billion of operating cash flow and spent $182.0 million on capital expenditures. That left free cash flow of $2.88 billion, a free-cash-flow margin of 67.4% of revenue. Free cash flow was up 3.9% from the prior year's $2.77 billion.
Crown Castle returned $2.10 billion to shareholders: $2.08 billion in dividends and $23.0 million in share repurchases, equal to 73% of free cash flow. Free cash flow covered dividend payments 1.4 times.
Summary generated from market data by MetaCap's automated system. Methodology
Crown Castle cash flow 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 444.00M | -3.90B | 1.50B | 1.68B | 1.10B | 1.06B | 860.00M | 622.00M | 366.00M | 357.00M |
| Net Income growth (YoY) | — | -359.85% | -10.33% | +52.83% | +3.79% | +22.79% | +38.26% | +69.95% | +2.52% | -76.58% |
| Depreciation & Amortization | 690.00M | 736.00M | 787.00M | 1.71B | 1.64B | 1.61B | 1.57B | 1.53B | 1.24B | 1.11B |
| Stock-Based Compensation | 73.00M | 84.00M | 102.00M | 156.00M | 129.00M | 138.00M | 117.00M | 103.00M | 92.00M | 79.00M |
| Change in Working Capital | -24.00M | -267.00M | -290.00M | -747.00M | -329.00M | 39.00M | 440.00M | 527.00M | 145.00M | 90.00M |
| Operating Cash Flow | 3.06B | 2.94B | 3.13B | 2.88B | 2.79B | 3.06B | 2.70B | 2.50B | 2.03B | 1.79B |
| Capital Expenditures | -182.00M | -176.00M | -243.00M | -1.31B | -1.23B | -1.62B | -2.06B | -1.74B | 1.22B | -874.00M |
| Investing Cash Flow | -1.16B | -1.22B | -1.52B | -1.35B | -1.33B | -1.74B | -2.08B | -1.79B | -10.48B | -1.43B |
| Dividends Paid | 2.08B | 2.73B | 2.72B | 2.60B | -2.37B | -2.10B | -1.91B | -1.78B | 1.51B | -1.24B |
| Share Repurchases | 23.00M | 33.00M | 30.00M | 65.00M | -70.00M | -76.00M | -44.00M | -34.00M | 23.00M | -25.00M |
| Debt Issued | 0 | 1.24B | 3.84B | 748.00M | 3.98B | 3.73B | 1.89B | 2.74B | 3.09B | 5.20B |
| Debt Repaid | 1.20B | 750.00M | 750.00M | 1.27B | -2.09B | -2.49B | -12.00M | -2.35B | 0 | -4.04B |
| Financing Cash Flow | -1.89B | -1.71B | -1.65B | -1.67B | -1.31B | -1.27B | -692.00M | -733.00M | 8.19B | -89.00M |
| Net Change in Cash | 0 | -1.00M | 1.00M | 0 | 0 | 0 | — | — | — | — |
| Free Cash Flow | 2.88B | 2.77B | 2.88B | 1.57B | 1.56B | 1.43B | 641.00M | 761.00M | 3.25B | 913.00M |
This table shows 10 annual periods of Crown Castle's cash flow statement, from FY 2025 back to FY 2016, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow CCI's reporting calendar. What is a cash flow statement?