The Tip Desk

CROWN CASTLE INC.

Company Stats

Market Cap
$28.4B
as of Sep 30, 2026
Enterprise Value
$52.7B
Shares Outstanding
425.5M
Free Float
99.9%

Income Statement

Revenue
$4.3B
Operating Income
$2.1B
Net Income
$444.0M
EBITDA
$2.8B
Non-cash Impairment
$11.0M
Revenue Growth, 3Y
-15.2%
FCF Margin, 3Y Avg
63.5%
FCF Margin, Worst Year
60.9%

Cash Flow

Free Cash Flow
$2.9B
FCF Yield
10.1%
Owner FCF Yield
9.9%

Balance Sheet

Cash & Equivalents
$99.0M
Total Debt
$24.5B
Net Debt
$24.4B
Net Debt / EBITDA
8.81x
EV / EBITDA
19.07x
Net Debt / EBIT
11.74x

Returns & Capital

Dividends Paid
$2.1B
Dividend Yield
7.3%
Share Repurchases
$23.0M
Buyback Yield, 3Y Avg
0.1%
SBC, 3Y Avg
$86.3M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$4.3B$2.9B67.4%
FY2024$4.5B$2.8B62.0%
FY2023$4.7B$2.9B60.9%
FY2022$7.0B$1.6B22.4%
FY2021$6.3B$1.6B24.6%

Annual filing data through FY ended December 31, 2025; shares and float as of October 9, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage