profit from every $100 of sales.
$0$100
Crown Castle
$89.35+1.73% today
-2.7% in 1 year
1-year low $66.121-year high $94.49
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
0%20% a year
You pay $85.62 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Crown Castle sold, what it kept, and what it did with the cash.
Sales went from $6.99 billion in 2022 to $4.26 billion in 2025, with $444 million of profit last year.
SalesProfit
Crown Castle handed back 73% of the cash it generated last year.
$2.1B
Free cash flow 2025$2.9B
Bought back its own shares$23M
Paid as dividends$2.1B
Cash vs. debt$99M vs. $29.6B
Crown Castle vs. similar companies
Crown Castle grows the slowest of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Crown Castle | 85.6× · Very expensive | ||
 Equinix | 77.0× · Very expensive | ||
 American Tower | 34.9× · Expensive | ||
 Digital Realty | 53.2× · Expensive | ||
 Iron Mountain | 228.2× · Very expensive |
AI analysis
An AI analyst reads Crown Castle's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 5,840 | 6,340 | 6,986 | 4,734 | 4,460 | 4,264 | |
| – | – | 4,918 | 3,469 | 3,370 | 3,159 | |
| 1,863 | 2,001 | 2,433 | 2,180 | 2,199 | 2,086 | |
| 3,373 | 3,480 | 4,071 | 2,865 | 2,816 | 2,750 | |
| 999 | 1,096 | 1,675 | 1,502 | -3,903 | 444 | |
| 2.35 | 2.53 | 3.86 | 3.46 | -8.98 | 1.01 | |
| – | – | 70.4% | 73.3% | 75.6% | 74.1% | |
| 31.9% | 31.6% | 34.8% | 46.0% | 49.3% | 48.9% | |
| 17.1% | 17.3% | 24.0% | 31.7% | -87.5% | 10.4% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 38,768 | 39,040 | 38,921 | 38,527 | 32,736 | 31,518 |
| Cash | 232 | 292 | 156 | 105 | 100 | 99 |
| Total debt | 25,088 | 26,660 | 27,960 | 28,814 | 29,380 | 29,566 |
| Total liabilities | 29,307 | 30,782 | 31,472 | 32,146 | 32,869 | 33,153 |
| 9,461 | 8,258 | 7,449 | 6,381 | -133 | -1,635 | |
| 425 | 434 | 434 | 434 | 434 | 437 | |
| 4.0% | 4.2% | 5.3% | 4.7% | 5.6% | 5.8% | |
| 10.6% | 13.3% | 22.5% | 23.5% | 2,934.6% | -27.2% |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 3,055 | 2,789 | 2,878 | 3,126 | 2,943 | 3,057 | |
| 1,624 | 1,229 | 1,310 | 243 | 176 | 182 | |
| 1,431 | 1,560 | 1,568 | 2,883 | 2,767 | 2,875 | |
| Dividends paid | – | – | 2,602 | 2,723 | 2,729 | 2,080 |
| – | – | 65 | 30 | 33 | 23 | |
| 138 | 129 | 156 | 102 | 84 | 73 |
Valuation
- 85.6×
- 42.9×
- –
- -20.6×
- 8.9×
- 13.2×
- 24.5×
- 7.6%
- 1.2%
- 4.7%
Profitability
- 74.1%
- 48.9%
- 10.4%
- 64.3%
- 6.7%
- 0.1%
- -65.9%
- 3.4%
- 7.6%
- –
Growth
- −6.1%
- −15.5%
- +67.1%
- −0.7%
- +0.2%
Financial health
- 9.1×
- -12.86
- 78.6%
- 2.1×
- 0.27
- 0.27
- 0.13
How it ranks in Real Estate
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 26%of 742
Top 40%of 748
Bottom 7%of 664
Bottom 10%of 759
Top 35%of 759
What analysts expect
- Average price target
- $105.40
- Range
- $91.00 – $127.00
- 1 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 22, 2026 | 0.34 | 0.38 | −9.7% |
| Feb 4, 2026 | 1.12 | 0.58 | +93.4% |
| Oct 22, 2025 | 1.12 | 1.04 | +7.7% |
| Jul 23, 2025 | 1.02 | 1.00 | +2.0% |
| Apr 30, 2025 | 1.10 | 0.20 | +456.4% |
| Mar 13, 2025 | 1.80 | 1.82 | −1.1% |
| Oct 16, 2024 | 1.84 | 1.80 | +2.2% |
| Jul 17, 2024 | 1.62 | 1.65 | −1.8% |
4.7%of the share price, paid each year
On $1,000 invested$47a year at today's yield, before tax
−0.7%2020 to 2025
Raised–not every year
Paid per share, each year
$3.35 in 2015 → $4.75 in 2025
How safe it looks
468.5% of its profit
Room to growStretchedMore than it earns: 72.3%
News
What gave this city its ‘best place to retire’ crown? You can actually afford to live there.MarketWatch · Oct 31, 2026Crown Castle trades lower despite Q3 beat, 2026 guidance boost on lower revenueSeeking Alpha · Oct 21, 2026Wall Street Gave Micron Back Its $1 Trillion Crown Just One Session LaterYahoo Finance · Oct 20, 2026Crown Holdings Q3 2026 Earnings PreviewSeeking Alpha · Oct 18, 2026Canadian whisky on the rocks? Crown Royal is set to avoid Trump’s new ban.MarketWatch · Sep 10, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
49No pass
Benjamin Graham
38No pass
Philip Fisher
46No pass
Peter Lynch
18No pass
Joel Greenblatt
45No pass
Charlie Munger
50No pass
Terry Smith
43No pass
Questions about Crown Castle
Is Crown Castle a good stock to buy?
A business with weak numbers, priced as if everything goes right. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Crown Castle AI analysis
What does Crown Castle do?
Crown Castle owns, operates and leases more than 40,000 cell towers and approximately 80,000 route miles of fiber supporting small cells and fiber solutions across every major U.S. market. It is in REIT - Specialty, based in Houston, TX, United States, with 1,500 employees.
Does Crown Castle pay a dividend?
Yes. At today's price the dividend is 4.7% a year. In 2025 it paid out $2.08 billion in dividends.
Is Crown Castle stock halal?
No. Crown Castle does not pass our halal screen: its debt is 79% of its market value, at or above the 33% limit. How we check
How has Crown Castle stock done over the past year?
Down 2.7% over the past twelve months, to $89.35. It traded between $66.12 and $94.49 and is 5.4% below its high.
Who are Crown Castle's competitors?
The largest listed companies in the same industry are Equinix, American Tower, Digital Realty and Iron Mountain. The peers table on this page compares their profit, growth and price with Crown Castle's.
Prices: daily closes to Nov 10, 2026. Fundamentals: company reports via invest-like data.