Stocktoria

CROWN CASTLE INC. CCI

NYSE · reit · Real Estate Investment Trusts · website · IPO 1998-08-18 · LEI

CROWN CASTLE INC. statistics & valuation

Market cap$34.3B
P / E77.3×
P / S8.0×
Dividend yield-6.06%
Net margin10.4%
Net debt$24.2B
Net debt / EBITDA8.8×
Enterprise value USD$58.6B
EV / EBITDA21.2×
Earnings yield EBIT/EV3.5%
Return on capital7.7%

Market cap as of 2026-06-30. Multiples are price-derived and refreshed daily; everything else from the latest financial reports.

Profitability & efficiency

Net margin (%)
9.10% 10.20% 31.70% -87.50% 10.40% 2016201720182019202020212022202320242025
Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
24.20% 22.20% 25.80% 27.10% 31.90% 31.60% 34.70% 44.30% 47.50% 48.70% 2016201720182019202020212022202320242025
Return on equity (%)
4.90% 3.70% 23.50% 2016201720182019202020212022202320242025
Shares outstanding
360.5M 406.0M 415.0M 418.0M 431.0M 434.0M 434.0M 434.0M 435.0M 437.0M 2016201720182019202020212022202320242025
Net debt ($)
$11.60B $15.85B $16.41B $17.93B $19.05B $20.34B $21.57B $22.82B $23.98B $24.24B 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
1.60% 1.40% 3.90% -11.90% 1.40% 2016201720182019202020212022202320242025
Free cash flow margin (%)
2016201720182019202020212022202320242025
Debt / equity (×)
1.69× 1.36× 1.44× 1.73× 2.04× 2.50× 2.92× 3.59× 2016201720182019202020212022202320242025
EPS ($)
$0.95 $0.80 $1.23 $1.79 $2.35 $2.53 $3.86 $3.46 -$8.98 $1.01 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

CROWN CASTLE INC. trades at about 75× earnings — below its 10-year norm (10-year range 19.5×–141×, median 83.7×).

19.5× 141×

Shaded band = 10-year range (19.5×–141×); dot = today's 75×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating margin48.7%47.5%44.3%34.7%31.6%31.9%27.1%25.8%22.2%24.2%
Net margin10.4%-87.5%31.7%—————10.2%9.1%
Return on assets1.4%-11.9%3.9%—————1.4%1.6%
Return on equity-27.2%2934.6%23.5%—————3.7%4.9%
Debt / equity-14.89×-181.06×3.59×2.92×2.50×2.04×1.73×1.44×1.36×1.69×
Current ratio0.260.500.400.450.620.560.630.820.881.38

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.