CROWN CASTLE INC (CCI) Fundamental Analysis & Valuation

NYSE:CCI • US22822V1017

87.47 USD
+1.36 (+1.58%)
At close: Mar 13, 2026
87.15 USD
-0.32 (-0.37%)
After Hours: 3/13/2026, 8:14:00 PM

This CCI fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

4

Taking everything into account, CCI scores 4 out of 10 in our fundamental rating. CCI was compared to 28 industry peers in the Specialized REITs industry. While CCI is still in line with the averages on profitability rating, there are concerns on its financial health. CCI is valued correctly, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

6

1. CCI Profitability Analysis

1.1 Basic Checks

  • CCI had positive earnings in the past year.
  • In the past year CCI had a positive cash flow from operations.
  • CCI had positive earnings in 4 of the past 5 years.
  • Each year in the past 5 years CCI had a positive operating cash flow.
CCI Yearly Net Income VS EBIT VS OCF VS FCFCCI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B -2B

1.2 Ratios

  • Looking at the Return On Assets, with a value of 1.41%, CCI is doing worse than 64.29% of the companies in the same industry.
  • Looking at the Return On Invested Capital, with a value of 6.09%, CCI is in the better half of the industry, outperforming 78.57% of the companies in the same industry.
  • The Average Return On Invested Capital over the past 3 years for CCI is in line with the industry average of 5.05%.
  • The last Return On Invested Capital (6.09%) for CCI is above the 3 year average (5.52%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 1.41%
ROE N/A
ROIC 6.09%
ROA(3y)-2.21%
ROA(5y)0.1%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)5.52%
ROIC(5y)5.25%
CCI Yearly ROA, ROE, ROICCCI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500 1K 1.5K 2K 2.5K

1.3 Margins

  • CCI has a Profit Margin of 10.41%. This is comparable to the rest of the industry: CCI outperforms 42.86% of its industry peers.
  • CCI's Profit Margin has declined in the last couple of years.
  • CCI's Operating Margin of 48.92% is fine compared to the rest of the industry. CCI outperforms 78.57% of its industry peers.
  • In the last couple of years the Operating Margin of CCI has grown nicely.
  • CCI's Gross Margin of 74.06% is fine compared to the rest of the industry. CCI outperforms 71.43% of its industry peers.
  • CCI's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 48.92%
PM (TTM) 10.41%
GM 74.06%
OM growth 3Y11.57%
OM growth 5Y7.97%
PM growth 3Y-24.27%
PM growth 5Y-9.45%
GM growth 3Y1.72%
GM growth 5Y2.25%
CCI Yearly Profit, Operating, Gross MarginsCCI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 50 -50

1

2. CCI Health Analysis

2.1 Basic Checks

  • CCI has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • The number of shares outstanding for CCI remains at a similar level compared to 1 year ago.
  • Compared to 5 years ago, CCI has more shares outstanding
  • CCI has a worse debt/assets ratio than last year.
CCI Yearly Shares OutstandingCCI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M 400M
CCI Yearly Total Debt VS Total AssetsCCI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10B 20B 30B

2.2 Solvency

  • CCI has an Altman-Z score of 0.01. This is a bad value and indicates that CCI is not financially healthy and even has some risk of bankruptcy.
  • CCI has a worse Altman-Z score (0.01) than 82.14% of its industry peers.
  • CCI has a debt to FCF ratio of 8.47. This is a slightly negative value and a sign of low solvency as CCI would need 8.47 years to pay back of all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 8.47, CCI is in the better half of the industry, outperforming 78.57% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF 8.47
Altman-Z 0.01
ROIC/WACC0.83
WACC7.34%
CCI Yearly LT Debt VS Equity VS FCFCCI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5B 10B 15B 20B

2.3 Liquidity

  • CCI has a Current Ratio of 0.26. This is a bad value and indicates that CCI is not financially healthy enough and could expect problems in meeting its short term obligations.
  • Looking at the Current ratio, with a value of 0.26, CCI is doing worse than 75.00% of the companies in the same industry.
  • A Quick Ratio of 0.26 indicates that CCI may have some problems paying its short term obligations.
  • CCI's Quick ratio of 0.26 is on the low side compared to the rest of the industry. CCI is outperformed by 75.00% of its industry peers.
Industry RankSector Rank
Current Ratio 0.26
Quick Ratio 0.26
CCI Yearly Current Assets VS Current LiabilitesCCI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B

3

3. CCI Growth Analysis

3.1 Past

  • CCI shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -58.26%.
  • Measured over the past years, CCI shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -10.10% on average per year.
  • CCI shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -35.08%.
  • Measured over the past years, CCI shows a decrease in Revenue. The Revenue has been decreasing by -6.10% on average per year.
EPS 1Y (TTM)-58.26%
EPS 3Y-36.04%
EPS 5Y-10.1%
EPS Q2Q%55.81%
Revenue 1Y (TTM)-35.08%
Revenue growth 3Y-15.17%
Revenue growth 5Y-6.1%
Sales Q2Q%-34.99%

3.2 Future

  • CCI is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 39.64% yearly.
  • Based on estimates for the next years, CCI will show a small growth in Revenue. The Revenue will grow by 2.00% on average per year.
EPS Next Y113.99%
EPS Next 2Y72.63%
EPS Next 3Y45.75%
EPS Next 5Y39.64%
Revenue Next Year-4.19%
Revenue Next 2Y-1.32%
Revenue Next 3Y-0.24%
Revenue Next 5Y2%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
CCI Yearly Revenue VS EstimatesCCI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 2B 4B 6B
CCI Yearly EPS VS EstimatesCCI Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 2 4 6

5

4. CCI Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 86.60 indicates a quite expensive valuation of CCI.
  • Based on the Price/Earnings ratio, CCI is valued a bit more expensive than 67.86% of the companies in the same industry.
  • When comparing the Price/Earnings ratio of CCI to the average of the S&P500 Index (25.70), we can say CCI is valued expensively.
  • A Price/Forward Earnings ratio of 40.47 indicates a quite expensive valuation of CCI.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of CCI is on the same level as its industry peers.
  • CCI's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 23.84.
Industry RankSector Rank
PE 86.6
Fwd PE 40.47
CCI Price Earnings VS Forward Price EarningsCCI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80

4.2 Price Multiples

  • CCI's Enterprise Value to EBITDA is on the same level as the industry average.
  • CCI's Price/Free Cash Flow ratio is rather cheap when compared to the industry. CCI is cheaper than 89.29% of the companies in the same industry.
Industry RankSector Rank
P/FCF 13.27
EV/EBITDA 22.26
CCI Per share dataCCI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 -5 -10 -15

4.3 Compensation for Growth

  • CCI's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • The decent profitability rating of CCI may justify a higher PE ratio.
  • A more expensive valuation may be justified as CCI's earnings are expected to grow with 45.75% in the coming years.
PEG (NY)0.76
PEG (5Y)N/A
EPS Next 2Y72.63%
EPS Next 3Y45.75%

5

5. CCI Dividend Analysis

5.1 Amount

  • CCI has a Yearly Dividend Yield of 4.72%, which is a nice return.
  • Compared to an average industry Dividend Yield of 5.33, CCI has a dividend in line with its industry peers.
  • Compared to an average S&P500 Dividend Yield of 1.82, CCI pays a better dividend.
Industry RankSector Rank
Dividend Yield 4.72%

5.2 History

  • The dividend of CCI decreases each year by -1.55%.
  • CCI has been paying a dividend for at least 10 years, so it has a reliable track record.
  • CCI has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)-1.55%
Div Incr Years0
Div Non Decr Years10
CCI Yearly Dividends per shareCCI Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2 4 6

5.3 Sustainability

  • CCI pays out 468.47% of its income as dividend. This is not a sustainable payout ratio.
DP468.47%
EPS Next 2Y72.63%
EPS Next 3Y45.75%
CCI Yearly Income VS Free CF VS DividendCCI Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B -2B
CCI Dividend Payout.CCI Dividend Payout, showing the Payout Ratio.CCI Dividend Payout.PayoutRetained Earnings

CCI Fundamentals: All Metrics, Ratios and Statistics

CROWN CASTLE INC

NYSE:CCI (3/13/2026, 8:14:00 PM)

After market: 87.15 -0.32 (-0.37%)

87.47

+1.36 (+1.58%)

Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustrySpecialized REITs
Earnings (Last)02-04
Earnings (Next)04-28
Inst Owners99.65%
Inst Owner Change0.28%
Ins Owners0.09%
Ins Owner Change0.43%
Market Cap38.14B
Revenue(TTM)4.26B
Net Income(TTM)444.00M
Analysts75.65
Price Target102.94 (17.69%)
Short Float %2.14%
Short Ratio2.72
Dividend
Industry RankSector Rank
Dividend Yield 4.72%
Yearly Dividend4.78
Dividend Growth(5Y)-1.55%
DP468.47%
Div Incr Years0
Div Non Decr Years10
Ex-Date03-13
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)35.53%
Min EPS beat(2)31.19%
Max EPS beat(2)39.87%
EPS beat(4)3
Avg EPS beat(4)-20.11%
Min EPS beat(4)-172.34%
Max EPS beat(4)39.87%
EPS beat(8)5
Avg EPS beat(8)-9.3%
EPS beat(12)7
Avg EPS beat(12)-6.91%
EPS beat(16)9
Avg EPS beat(16)-5.34%
Revenue beat(2)2
Avg Revenue beat(2)0.42%
Min Revenue beat(2)0.28%
Max Revenue beat(2)0.56%
Revenue beat(4)4
Avg Revenue beat(4)0.69%
Min Revenue beat(4)0.28%
Max Revenue beat(4)0.95%
Revenue beat(8)5
Avg Revenue beat(8)0.27%
Revenue beat(12)5
Avg Revenue beat(12)-0.13%
Revenue beat(16)8
Avg Revenue beat(16)0.02%
PT rev (1m)-7.66%
PT rev (3m)-11.64%
EPS NQ rev (1m)-32.69%
EPS NQ rev (3m)-32.86%
EPS NY rev (1m)-27.98%
EPS NY rev (3m)-27.6%
Revenue NQ rev (1m)-6.59%
Revenue NQ rev (3m)-6.59%
Revenue NY rev (1m)-4.06%
Revenue NY rev (3m)-5.96%
Valuation
Industry RankSector Rank
PE 86.6
Fwd PE 40.47
P/S 8.95
P/FCF 13.27
P/OCF 12.48
P/B N/A
P/tB N/A
EV/EBITDA 22.26
EPS(TTM)1.01
EY1.15%
EPS(NY)2.16
Fwd EY2.47%
FCF(TTM)6.59
FCFY7.54%
OCF(TTM)7.01
OCFY8.01%
SpS9.78
BVpS-3.75
TBVpS-17.48
PEG (NY)0.76
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA 1.41%
ROE N/A
ROCE 7.71%
ROIC 6.09%
ROICexc 6.12%
ROICexgc 7.87%
OM 48.92%
PM (TTM) 10.41%
GM 74.06%
FCFM 67.42%
ROA(3y)-2.21%
ROA(5y)0.1%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)5.52%
ROIC(5y)5.25%
ROICexc(3y)5.54%
ROICexc(5y)5.28%
ROICexgc(3y)7.73%
ROICexgc(5y)7.79%
ROCE(3y)6.99%
ROCE(5y)6.65%
ROICexgc growth 3Y-3.3%
ROICexgc growth 5Y2.44%
ROICexc growth 3Y4.27%
ROICexc growth 5Y7.78%
OM growth 3Y11.57%
OM growth 5Y7.97%
PM growth 3Y-24.27%
PM growth 5Y-9.45%
GM growth 3Y1.72%
GM growth 5Y2.25%
F-Score7
Asset Turnover0.14
Health
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF 8.47
Debt/EBITDA 7.76
Cap/Depr 26.38%
Cap/Sales 4.27%
Interest Coverage 2.16
Cash Conversion 110.12%
Profit Quality 647.52%
Current Ratio 0.26
Quick Ratio 0.26
Altman-Z 0.01
F-Score7
WACC7.34%
ROIC/WACC0.83
Cap/Depr(3y)59.29%
Cap/Depr(5y)65.87%
Cap/Sales(3y)20.58%
Cap/Sales(5y)19.98%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-58.26%
EPS 3Y-36.04%
EPS 5Y-10.1%
EPS Q2Q%55.81%
EPS Next Y113.99%
EPS Next 2Y72.63%
EPS Next 3Y45.75%
EPS Next 5Y39.64%
Revenue 1Y (TTM)-35.08%
Revenue growth 3Y-15.17%
Revenue growth 5Y-6.1%
Sales Q2Q%-34.99%
Revenue Next Year-4.19%
Revenue Next 2Y-1.32%
Revenue Next 3Y-0.24%
Revenue Next 5Y2%
EBIT growth 1Y-8.39%
EBIT growth 3Y-5.36%
EBIT growth 5Y1.39%
EBIT Next Year30.38%
EBIT Next 3Y11.33%
EBIT Next 5Y9.42%
FCF growth 1Y67.05%
FCF growth 3Y22.4%
FCF growth 5Y14.97%
OCF growth 1Y3.87%
OCF growth 3Y2.03%
OCF growth 5Y0.01%

CROWN CASTLE INC / CCI FAQ

Can you provide the ChartMill fundamental rating for CROWN CASTLE INC?

ChartMill assigns a fundamental rating of 4 / 10 to CCI.


What is the valuation status of CROWN CASTLE INC (CCI) stock?

ChartMill assigns a valuation rating of 5 / 10 to CROWN CASTLE INC (CCI). This can be considered as Fairly Valued.


How profitable is CROWN CASTLE INC (CCI) stock?

CROWN CASTLE INC (CCI) has a profitability rating of 6 / 10.


Can you provide the PE and PB ratios for CCI stock?

The Price/Earnings (PE) ratio for CROWN CASTLE INC (CCI) is 86.6 and the Price/Book (PB) ratio is -23.33.


What is the earnings growth outlook for CROWN CASTLE INC?

The Earnings per Share (EPS) of CROWN CASTLE INC (CCI) is expected to grow by 113.99% in the next year.