Crown Castle (CCI) AI Stock Analysis

• Market Cap: $39.28B
• Dividend Yield: 5.72%
• Average Volume (3M): 2.73M
• Price to Earnings (P/E): ―
• Beta (1Y): <0.01
• Revenue Growth: -26.56%
• EPS Growth: -369.24%
• Country: US
• Employees: 3,900
• Sector: Real Estate
• Sector Strength: 53
• Industry: REIT - Specialty
• EPS (TTM): 0.74
• Shares Outstanding: 435,479,000
• 10 Day Avg. Volume: 2,346,666
• 30 Day Avg. Volume: 2,730,982
• PEG Ratio: 0.03
• Price to Book (P/B): -296.16
• Price to Sales (P/S): 6.00
• P/FCF Ratio: 22.89
• Enterprise Value/Market Cap: 1.82
• Enterprise Value/Revenue: 14.77
• Enterprise Value/Gross Profit: 20.13
• Enterprise Value/Ebitda: -35.30
• 1Y Price Target: $111.70
• Price Target Upside: 21.62% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 11
• EPS Forecast (FY): 0.87
• Revenue Forecast (FY): $4.25B

• Rating: 45 Neutral
• Price Target: $89.00 ▼(-3.09% Downside)

Crown Castle's overall stock score is primarily impacted by its poor financial performance, characterized by declining revenue, negative profitability, and high leverage. Technical analysis and valuation also present challenges, with bearish trends and a negative P/E ratio. While the earnings call provided some positive outlooks, significant operational challenges and the impact of Sprint cancellations weigh heavily on the score.

Positive Factors

Strong Organic Growth in Tower Business

The 5.2% organic growth in the tower business indicates robust demand for Crown Castle's infrastructure, supporting long-term revenue stability and expansion potential.

Promising Long-Term Industry Trends

Sustained growth in mobile data demand highlights a favorable industry trend, ensuring continued utilization of Crown Castle's assets and supporting future growth.

Leadership Change

The appointment of a new CEO, Christian Hillabrant, may bring fresh strategic direction and operational improvements, potentially enhancing long-term business performance.

Negative Factors

Declining Revenue

A 5.1% decline in site rental revenues indicates challenges in maintaining revenue levels, which could impact long-term financial health if not addressed.

High Leverage

High leverage and negative equity suggest potential solvency risks, limiting financial flexibility and increasing vulnerability to economic downturns.

Impact of Sprint Cancellations

Sprint cancellations significantly impacted financial metrics, highlighting reliance on key clients and the need to diversify revenue sources to mitigate such risks.

Crown Castle Business Overview & Revenue Model

Company Description

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. This nationwide portfolio of communications infrastructure connects cities and communities to essential data, technology and wireless service - bringing information, ideas and innovations to the people and businesses that need them. For more information on Crown Castle, please visit www.crowncastle.com.

How the Company Makes Money

Crown Castle generates revenue primarily through long-term leases with wireless carriers and other service providers who utilize its tower and fiber infrastructure. The company earns money from leasing space on its towers, which allows clients to install antennas and related equipment for transmitting wireless signals. Additionally, Crown Castle provides fiber services, which include connectivity solutions for businesses and municipalities. The company benefits from recurring revenue streams due to the multiyear contracts it typically signs with its customers. Significant partnerships with major telecom operators and the increasing demand for 5G technology also contribute to its revenue growth, as more carriers seek to enhance their networks with Crown Castle's infrastructure.

Crown Castle Financial Statement Overview

Summary

Crown Castle is facing significant financial difficulties, with declining revenue, negative profitability, and high leverage. The income statement reveals substantial losses, while the balance sheet shows negative equity, indicating potential solvency risks. Although there is some growth in free cash flow, the overall financial health is concerning, requiring strategic adjustments to stabilize the company's financial position.

Income Statement

Crown Castle's income statement shows significant challenges. The TTM data reveals a negative revenue growth rate of -10.7%, indicating a decline in sales. Additionally, the company has negative net profit and EBIT margins, reflecting substantial losses. Historical data shows a consistent decline in revenue growth and profitability, with the latest year showing a sharp downturn.

Balance Sheet

The balance sheet indicates financial instability, with a negative stockholders' equity in the TTM period, leading to an undefined debt-to-equity ratio. This suggests high leverage and potential solvency issues. The return on equity is positive but misleading due to negative equity, and the equity ratio is not calculable. The company's financial position appears precarious.

Cash Flow

Cash flow analysis shows some positive aspects, with a free cash flow growth rate of 11.2% in the TTM period. However, the operating cash flow to net income ratio is below 1, indicating cash flow challenges relative to earnings. Despite free cash flow growth, the overall cash flow position is strained by negative net income.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	4.84B	6.57B	6.98B	6.99B	6.34B	5.84B
Gross Profit	3.55B	4.72B	5.00B	4.92B	4.35B	3.87B
EBITDA	-2.03B	-1.24B	4.10B	4.07B	3.46B	3.35B
Net Income	-4.62B	-3.90B	1.50B	1.68B	1.10B	1.06B
Balance Sheet
Total Assets	31.50B	32.74B	38.53B	38.92B	39.04B	38.77B
Cash, Cash Equivalents and Short-Term Investments	233.00M	119.00M	105.00M	156.00M	292.00M	232.00M
Total Debt	29.84B	29.61B	28.81B	27.96B	27.01B	25.42B
Total Liabilities	32.99B	32.87B	32.15B	31.47B	30.78B	29.31B
Stockholders Equity	-1.49B	-133.00M	6.38B	7.45B	8.26B	9.46B
Cash Flow
Free Cash Flow	2.67B	1.72B	1.70B	1.57B	1.50B	1.43B
Operating Cash Flow	3.06B	2.94B	3.13B	2.88B	2.73B	3.06B
Investing Cash Flow	-1.08B	-1.22B	-1.52B	-1.35B	-1.33B	-1.74B
Financing Cash Flow	-2.10B	-1.71B	-1.65B	-1.67B	-1.31B	-1.27B

Crown Castle Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 91.84
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CCI, the sentiment is Neutral. The current price of 91.84 is above the 20-day moving average (MA) of 90.09, below the 50-day MA of 92.88, and below the 200-day MA of 97.68, indicating a neutral trend. The MACD of -0.58 indicates Negative momentum. The RSI at 54.00 is Neutral, neither overbought nor oversold. The STOCH value of 75.37 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for CCI.

Crown Castle Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
EQIX	73 Outperform	$72.72B	67.81	7.72%	2.49%	5.36%	-1.68%
AMT	71 Outperform	$84.39B	28.75	77.38%	3.76%	-5.33%	163.89%
UNIT	68 Neutral	$1.61B	1.43	―	―	38.93%	952.55%
SBAC	67 Neutral	$20.16B	23.82	―	2.35%	4.82%	25.24%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
IRM	55 Neutral	$25.27B	159.90	―	3.49%	10.88%	51.13%
CCI	45 Neutral	$39.28B	―	-276.36%	5.72%	-26.56%	-369.24%

Crown Castle Corporate Events

Crown Castle Declares Quarterly Dividend Announcement

On November 5, 2025, Crown Castle Inc. announced that its Board of Directors declared a quarterly dividend of $1.0625 per share of common stock. This dividend will be payable on December 31, 2025, to stockholders of record as of December 15, 2025.

Crown Castle Reports Q3 Revenue Decline, Updates Outlook

On October 22, 2025, Crown Castle reported its third-quarter results, showing a decline in site rental revenues by 5.1% compared to the previous year, primarily due to Sprint cancellations and decreases in amortization of prepaid rent and straight-lined revenues. Despite these challenges, the company increased its full-year 2025 outlook, driven by strategic investments in operational efficiencies and asset information systems, aiming to enhance long-term shareholder value as a standalone tower company.

Crown Castle Appoints Christian Hillabrant as CEO

Crown Castle Inc. announced the appointment of Christian H. Hillabrant as President and CEO, effective September 15, 2025. The Board expanded to 10 members and appointed Hillabrant as a director, with no related party transactions or material arrangements connected to his appointment.