Crown Castle International Corp

EDGAR

Annual consolidated revenue for 2025: about USD 4.264B, using the latest reported figures. The previous period, 2024, was about USD 4.46B.

Watchlist

Latest quarter

Revenue

1.01 billion USD

2026 Q2 · USD

Exact inputs and evidence
  • Revenue: 1008000000 USD Source

Operating margin

46.63%

2026 Q2 · %

Exact inputs and evidence
  • Operating Income: 470000000 USD Source
  • Revenue: 1008000000 USD Source

Operating cash flow

531 million USD

2026 Q2 · USD

Exact inputs and evidence
  • Operating Cash Flow: 1040000000 USD Source
  • Operating Cash Flow: 509000000 USD Source
Cash and cash equivalents
1.04 billion USD Source
Exact value

1042000000 USD

Long-term debt including current maturities
24.3 billion USD Source
Exact value

24337000000 USD

Shares outstanding
426 million shares Source
Exact value

426000000 shares

Reported share-count change

-2.07% · -9 million shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence
  • 435000000 shares · 2025-06-30· Source
  • 426000000 shares · 2026-06-30· Source

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

4.16 billion USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Revenue: 1072000000 USD · 2025-07-01 – 2025-09-30 Source
  • Revenue: 4264000000 USD · 2025-01-01 – 2025-12-31 Source
  • Revenue: 3193000000 USD · 2025-01-01 – 2025-09-30 Source
  • Revenue: 1010000000 USD · 2026-01-01 – 2026-03-31 Source
  • Revenue: 1008000000 USD · 2026-04-01 – 2026-06-30 Source

Net income

862 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Net income: 323000000 USD · 2025-07-01 – 2025-09-30 Source
  • Net income: 444000000 USD · 2025-01-01 – 2025-12-31 Source
  • Net income: 150000000 USD · 2025-01-01 – 2025-09-30 Source
  • Net income: 151000000 USD · 2026-01-01 – 2026-03-31 Source
  • Net income: 94000000 USD · 2026-04-01 – 2026-06-30 Source

Operating cash flow

2.62 billion USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Operating cash flow: 2187000000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: 1473000000 USD · 2025-01-01 – 2025-06-30 Source
  • Operating cash flow: 3057000000 USD · 2025-01-01 – 2025-12-31 Source
  • Operating cash flow: 2187000000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: 509000000 USD · 2026-01-01 – 2026-03-31 Source
  • Operating cash flow: 1040000000 USD · 2026-01-01 – 2026-06-30 Source
  • Operating cash flow: 509000000 USD · 2026-01-01 – 2026-03-31 Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-10-21.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 11 of 11 periods available· newest 2025-12-31
  • Operating income: 11 of 11 periods available· newest 2025-12-31
  • Net income: 6 of 11 periods available· newest 2025-12-31
  • Operating cash flow: 11 of 11 periods available· newest 2025-12-31
  • capital expenditure: No compatible figures in this window
  • Total assets: 11 of 11 periods available· newest 2025-12-31
  • Total liabilities: 11 of 11 periods available· newest 2025-12-31
  • Current assets: 11 of 11 periods available· newest 2025-12-31
  • Current liabilities: 11 of 11 periods available· newest 2025-12-31
  • Cash and cash equivalents: 11 of 11 periods available· newest 2025-12-31
  • Long-term debt including current maturities: 11 of 11 periods available· newest 2025-12-31
  • Shares outstanding: 11 of 11 periods available· newest 2025-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    -4.4%

    Prior period

    USD 4.46 billion

    –

    Current period

    USD 4.26 billion

    –

    Exact inputs and evidence

    4264000000 − 4460000000 = -196000000 USD

    4460000000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    4264000000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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  • Net income

    +USD 4.35 billion

    Prior period

    −USD 3.9 billion

    –

    Current period

    USD 444 million

    –

    Exact inputs and evidence

    444000000 − -3903000000 = 4347000000 USD

    -3903000000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    444000000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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  • Operating cash flow

    +3.9%

    Prior period

    USD 2.94 billion

    –

    Current period

    USD 3.06 billion

    –

    Exact inputs and evidence

    3057000000 − 2943000000 = 114000000 USD

    2943000000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    3057000000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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Comparable inputs unavailable for: Capital expenditure.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

  • Revenue USD 4.26 billion 100% of revenue
  • Operating costs Derived USD 2.19 billion 51% of revenue
  • Operating income USD 2.08 billion 49% of revenue
  • Tax, interest and other Derived USD 1.63 billion 38% of revenue
  • Net income USD 444 million 10% of revenue

Cash

  • Operating cash flow USD 3.06 billion 72% of revenue
  • Capital expenditure Unavailable An input is unavailable.
  • Free cash flow Derived Unavailable An input is unavailable.

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2016 9.1%15%76%
  • 2017 10%12%77%
  • 2018 Not shown: operating income or net income is not reported.
  • 2019 Not shown: operating income or net income is not reported.
  • 2020 Not shown: operating income or net income is not reported.
  • 2021 Not shown: operating income or net income is not reported.
  • 2022 Not shown: operating income or net income is not reported.
  • 2023 32%13%56%
  • 2024 Net loss: net income was −88% of revenue.
  • 2025 10%38%51%
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2016 2016-01-01 – 2016-12-313921000000 2972000000 Derived 949000000 592027000 Derived 356973000 Unavailable
Source
2017 2017-01-01 – 2017-12-314255000000 3288000000 Derived 967000000 522450000 Derived 444550000 Unavailable
Source
2018 2018-01-01 – 2018-12-315370000000 3987000000 Derived 1383000000 UnavailableUnavailableUnavailable
Source
2019 2019-01-01 – 2019-12-315763000000 4204000000 Derived 1559000000 UnavailableUnavailableUnavailable
Source
2020 2020-01-01 – 2020-12-315840000000 3977000000 Derived 1863000000 UnavailableUnavailableUnavailable
Source
2021 2021-01-01 – 2021-12-316340000000 4339000000 Derived 2001000000 UnavailableUnavailableUnavailable
Source
2022 2022-01-01 – 2022-12-316986000000 4561000000 Derived 2425000000 UnavailableUnavailableUnavailable
Source
2023 2023-01-01 – 2023-12-314734000000 2637000000 Derived 2097000000 595000000 Derived 1502000000 Unavailable
Source
2024 2024-01-01 – 2024-12-314460000000 2342000000 Derived 2118000000 6021000000 Derived -3903000000 Unavailable
Source
2025 2025-01-01 – 2025-12-314264000000 2189000000 Derived 2075000000 1631000000 Derived 444000000 Unavailable
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 4.3B 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.7.5B5.7B3.8B1.9B0.0201620212025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Revenue3921000000
2017Revenue4255000000
2018Revenue5370000000
2019Revenue5763000000
2020Revenue5840000000
2021Revenue6340000000
2022Revenue6986000000
2023Revenue4734000000
2024Revenue4460000000
2025Revenue4264000000

Revenue growth

Change in revenue from the same financial period one year earlier.

-4.4% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.31%14%-3%-20%-37%201620212025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2016Year over year7%
2017Year over year8.5%
2018Year over year26.2%
2019Year over year7.3%
2020Year over year1.3%
2021Year over year8.6%
2022Year over year10.2%
2023Year over year-32.2%
2024Year over year-5.8%
2025Year over year-4.4%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 48.7% 2025
Net margin 10.4% 2025
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.60%20%-19%-59%-98%201620212025
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2016Operating margin24.2%
2017Operating margin22.7%
2018Operating margin25.8%
2019Operating margin27.1%
2020Operating margin31.9%
2021Operating margin31.6%
2022Operating margin34.7%
2023Operating margin44.3%
2024Operating margin47.5%
2025Operating margin48.7%
2016Net margin9.1%
2017Net margin10.4%
2018-12-31Net marginNot reported
2019-12-31Net marginNot reported
2020-12-31Net marginNot reported
2021-12-31Net marginNot reported
2022-12-31Net marginNot reported
2023Net margin31.7%
2024Net margin-87.5%
2025Net margin10.4%
2016Free cash flow marginNot reported
2017Free cash flow marginNot reported
2018Free cash flow marginNot reported
2019Free cash flow marginNot reported
2020Free cash flow marginNot reported
2021Free cash flow marginNot reported
2022Free cash flow marginNot reported
2023Free cash flow marginNot reported
2024Free cash flow marginNot reported
2025Free cash flow marginNot reported

Operating cash flow

Cash generated by the company’s normal business operations.

USD 3.1B 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.3.4B2.5B1.7B844.0M0.0201620212025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Operating cash flow1787000000
2017Operating cash flow2032000000
2018Operating cash flow2500000000
2019Operating cash flow2698000000
2020Operating cash flow3055000000
2021Operating cash flow2789000000
2022Operating cash flow2878000000
2023Operating cash flow3126000000
2024Operating cash flow2943000000
2025Operating cash flow3057000000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

Not enough comparable data to show this history.
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Free cash flowUnavailable
2017Free cash flowUnavailable
2018Free cash flowUnavailable
2019Free cash flowUnavailable
2020Free cash flowUnavailable
2021Free cash flowUnavailable
2022Free cash flowUnavailable
2023Free cash flowUnavailable
2024Free cash flowUnavailable
2025Free cash flowUnavailable

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

105.2% 2025
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.114%85%57%28%0%201620212025
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2016Liabilities / assets66.7%
2017Liabilities / assets61.7%
2018Liabilities / assets64.7%
2019Liabilities / assets72.7%
2020Liabilities / assets75.6%
2021Liabilities / assets78.8%
2022Liabilities / assets80.9%
2023Liabilities / assets83.4%
2024Liabilities / assets100.4%
2025Liabilities / assets105.2%

Current assets to current liabilities

Current assets divided by current liabilities.

0.26× 2025
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.1.49×1.12×0.74×0.37×0.00×201620212025
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2016Current assets / current liabilities1.38×
2017Current assets / current liabilities0.88×
2018Current assets / current liabilities0.82×
2019Current assets / current liabilities0.63×
2020Current assets / current liabilities0.56×
2021Current assets / current liabilities0.62×
2022Current assets / current liabilities0.45×
2023Current assets / current liabilities0.4×
2024Current assets / current liabilities0.5×
2025Current assets / current liabilities0.26×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2016 2016-01-01 – 2016-12-31
USD 356.97 million
Exact value

Exact value: 356973000 USD

2016-01-01 – 2016-12-31: 356973000 USD Inspect Net Income Open source
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USD 1.79 billion
Exact value

Exact value: 1787000000 USD

2016-01-01 – 2016-12-31: 1787000000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2017 2017-01-01 – 2017-12-31
USD 444.55 million
Exact value

Exact value: 444550000 USD

2017-01-01 – 2017-12-31: 444550000 USD Inspect Net Income Open source
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USD 2.03 billion
Exact value

Exact value: 2032000000 USD

2017-01-01 – 2017-12-31: 2032000000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2018 2018-01-01 – 2018-12-31
Unavailable Not reported for this period.
USD 2.5 billion
Exact value

Exact value: 2500000000 USD

2018-01-01 – 2018-12-31: 2500000000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2019 2019-01-01 – 2019-12-31
Unavailable Not reported for this period.
USD 2.7 billion
Exact value

Exact value: 2698000000 USD

2019-01-01 – 2019-12-31: 2698000000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2020 2020-01-01 – 2020-12-31
Unavailable Not reported for this period.
USD 3.06 billion
Exact value

Exact value: 3055000000 USD

2020-01-01 – 2020-12-31: 3055000000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2021 2021-01-01 – 2021-12-31
Unavailable Not reported for this period.
USD 2.79 billion
Exact value

Exact value: 2789000000 USD

2021-01-01 – 2021-12-31: 2789000000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2022 2022-01-01 – 2022-12-31
Unavailable Not reported for this period.
USD 2.88 billion
Exact value

Exact value: 2878000000 USD

2022-01-01 – 2022-12-31: 2878000000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2023 2023-01-01 – 2023-12-31
USD 1.5 billion
Exact value

Exact value: 1502000000 USD

2023-01-01 – 2023-12-31: 1502000000 USD Inspect Net Income Open source
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USD 3.13 billion
Exact value

Exact value: 3126000000 USD

2023-01-01 – 2023-12-31: 3126000000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2024 2024-01-01 – 2024-12-31
−USD 3.9 billion
Exact value

Exact value: -3903000000 USD

2024-01-01 – 2024-12-31: -3903000000 USD Inspect Net Income Open source
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USD 2.94 billion
Exact value

Exact value: 2943000000 USD

2024-01-01 – 2024-12-31: 2943000000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2025 2025-01-01 – 2025-12-31
USD 444 million
Exact value

Exact value: 444000000 USD

2025-01-01 – 2025-12-31: 444000000 USD Inspect Net Income Open source
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USD 3.06 billion
Exact value

Exact value: 3057000000 USD

2025-01-01 – 2025-12-31: 3057000000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

152 filings · 6,806 latest values · 6,806 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001051470, 1051470, CCI, edgar:1051470

Also known as CROWN CASTLE INC, CROWN CASTLE INC., CROWN CASTLE INTERNATIONAL CORP, CROWN CASTLE INTERNATIONAL CORP., Crown Castle Inc, Crown Castle International Corp