Crown Castle

Real Estate Telecom Tower REITs Houston, Texas Last filing Feb 23, 2026 · FY2025

Balance Sheet

Assets, liabilities, and equity

9 accounts · 5 years

Account	2025	2024	2023	2022	2021
Statement
BS Assets Cash	$0	$119.0M	$105.0M	$156.0M	$292.0M
BS Assets Accts Receivable	$0	$478.0M	$481.0M	$593.0M	$543.0M
BS Assets PPE	$0	$15.5B	$15.7B	$15.4B	$15.3B
BS Assets Intangible Assets	$0	$2.8B	$3.2B	$3.6B	$4.0B
BS Liab Accrued Liab	$0	$244.0M	$219.0M	$183.0M	$182.0M
BS Liab Long Term Debt	$0	$0	$0	$0	$0
BS Liab Deferred Tax Liab	$0	$47.0M	$48.0M	$17.0M	$15.0M
BS Equity Preferred Stock	$0	$0	$0	$0	$0
BS Equity Common Stock	$0	$4.0M	$4.0M	$4.0M	$4.0M

Income Statement

Revenue, expense, and profitability

19 accounts · 5 years

Revenue $4.3B

Operating income $2.1B

Net income $444.0M

Account	2025	2024	2023	2022	2021
Statement
IS Revenue Total	$4.3B	$4.5B	$4.7B	$7.0B	$6.3B
IS Expense COGS	$113.0M	$107.0M	$304.0M	$466.0M	$439.0M
IS Expense SGA	$383.0M	$435.0M	$502.0M	$750.0M	$680.0M
IS Expense DA	$177.0M	$198.0M	$247.0M	$446.0M	$444.0M
IS Expense SBC	$73.0M	$84.0M	$102.0M	$156.0M	$129.0M
IS Expense Restructuring	$0	$70.0M	$73.0M	$0	$0
IS Expense Total Opex	$2.2B	$2.3B	$2.6B	$4.6B	$4.3B
IS Operating Income	$2.1B	$2.1B	$2.1B	$2.4B	$2.0B
IS Interest Income	$13.0M	$20.0M	$15.0M	$3.0M	$1.0M
IS Interest Expense	$972.0M	$932.0M	$849.0M	$-699.0M	$657.0M
IS Other Nonop Inc Exp	$3.0M	$-26.0M	$-5.0M	$-10.0M	$-21.0M
IS Pre Tax Income	$1.1B	$1.2B	$1.3B	$1.7B	$1.2B
IS Tax Expense	$16.0M	$18.0M	$21.0M	$16.0M	$21.0M
IS net Income	$444.0M	$-3.9B	$1.5B	$1.7B	$1.1B
IS Comprehensive Income	$444.0M	$-3.9B	$1.5B	$1.7B	$1.1B
IS EPS Basic	$1	$-9	$3	$4	$3
IS EPS Diluted	$1	$-9	$3	$4	$3
IS Shares Basic	$435.0M	$434.0M	$434.0M	$433.0M	$432.0M
IS Shares Diluted	$437.0M	$434.0M	$434.0M	$434.0M	$434.0M

Cash Flow Statement

Operating, investing, and financing flows

17 accounts · 5 years

Account	2025	2024	2023	2022	2021
Statement
CF Ops net Income	$444.0M	$-3.9B	$1.5B	$1.7B	$1.1B
CF Ops DA	$690.0M	$736.0M	$787.0M	$1.7B	$1.6B
CF Ops SBC	$73.0M	$84.0M	$102.0M	$156.0M	$129.0M
CF Ops Deferred Tax	$0	$4.0M	$9.0M	$3.0M	$4.0M
CF Ops Working Capital	$0	$0	$0	$0	$0
CF Ops Other	$-55.0M	$-170.0M	$-182.0M	$-281.0M	$-118.0M
CF Ops net Cash	$3.1B	$2.9B	$3.1B	$2.9B	$2.8B
CF Inv Acquisitions	$0	$8.0M	$96.0M	$35.0M	$111.0M
CF Inv Other	$-4.0M	$-9.0M	$-5.0M	$7.0M	$-8.0M
CF Inv net Cash	$-1.2B	$-1.2B	$-1.5B	$-1.4B	$-1.3B
CF Fin Debt Issuance	$0	$1.2B	$3.8B	$748.0M	$4.0B
CF Fin Debt Repayment	$-1.2B	$-750.0M	$-750.0M	$-1.3B	$2.1B
CF Fin Share Repurchases	$-23.0M	$-33.0M	$-30.0M	$-65.0M	$70.0M
CF Fin Dividends	$-2.1B	$-2.7B	$-2.7B	$-2.6B	$2.4B
CF Fin Other	$0	$0	$0	$0	$0
CF Fin net Cash	$-1.9B	$-1.7B	$-1.7B	$-1.7B	$-1.3B
CF net Change	$0	$-1.0M	$1.0M	$0	$0

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Assets, liabilities, and equity

Revenue, expense, and profitability

Operating, investing, and financing flows

One-year price and volume history

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