Stock · CCI · Real Estate

Crown Castle

United States · Large Cap · listed since 1998 · Revenue 12 mo. $4.1B

Price as of 11/06/2026

StockScorer score
3.6
of 10 4 of 11 points Not rated To the score
Price
$88.60
1 Y −8.7%
Market cap
$39.5B
Phase
Payout
core business profitable, at least half of operating cash flow goes to shareholders
Revenue −15.2% a year (3 years)EBIT margin 48.7%Payout 62.7% of operating cash flow

Crown Castle owns, operates and leases approximately 40,000 cell towers across the U.S. This nationwide portfolio serves as the foundation of wireless connectivity that provides cities and communities access to essential data, technology and wireless service " bringing information, ideas, innovations and the connectivity of modern life to help people and businesses thrive.

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Crown Castle owns, operates and leases approximately 40,000 cell towers across the U.S. This nationwide portfolio serves as the foundation of wireless connectivity that provides cities and communities access to essential data, technology and wireless service " bringing information, ideas, innovations and the connectivity of modern life to help people and businesses thrive. Crown Castle Inc. was established in 1994 and was incorporated in Delaware.

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Summary

Crown Castle is around the middle of the Real Estate sector overall

40.2 of 100

Mean of the six area values. Each area value is the mean of the stock's ranks among the companies in its sector. 50 is the middle of the sector, not a share of companies beaten.

Analysis

What the price requires

The price requires 3.0% FCF growth a year, less than achieved over the last 5 and 10 years.

If free cash flow stays at €2.6B (2025), it supports €28.7B. The remaining €6.7B of the market value assume it grows 3.0% a year for 10 years and not at all afterwards.

Required FCF growth per year

3.0%

no growth afterwards

Market value breakdown€35.4B market value, price as of 11/06/2026

€28.7B without growth
€6.7B priced-in growth
  • 5 yrs achieved 11.9%
  • 10 yrs achieved 11.6%
  • priced in 3.0%

Valuation against its own history

Price to operating cash flow 17.8×, within its usual range.

Middle half of 20 quarters: 13.4× to 20.0×, median 15.2×.

Measures only against its own past, not against what the company is worth. Price as of 11/06/2026.

2 signs support the expectation, 2 speak against it.

What supports it

with respect to the priced-in expectation

  • Expectation below the company's own record priced in 3.0%, achieved at least 11.6%
  • High, stable gross margin median 66.2%, range 8.6 pp (10 years)

What speaks against it

with respect to the priced-in expectation

  • Revenue declined revenue −35.1% year on year
  • EBIT margin falling for three quarters −1.6 pp over the last four reports

Since the last quarter

Q2 → Q3 2026

Mostly worse than the previous quarter: 2 of 3 changes for the worse.

  • FCF, 12 mo.$2.4B → $1.9B−21.8%worse
  • FCF margin57.8% → 46.1%−11.7 ppworse
  • Shares outstanding434M → 426M−1.8%better

4 more unchanged: Revenue, 12 mo., Gross margin, EBIT margin, Net debt

Derivation

How the sector comparison is derived

Each area value is the average of its metrics' ranks within the sector (0 to 100, 50 is the middle). For metrics where lower is better, the rank is mirrored. The overall value is the average of the area values.

Price as of 11/06/2026.

Profitability48.8around the middleEarns about as much as the sector.
MetricStockSector medianPosition in sector
Return on equity−51.70%7.47%Rank 1
Return on capital (Greenblatt)17.70%30.55%Rank 39
EBIT margin48.75%45.85%Rank 55
FCF margin67.41%37.62%Rank 89
Gross margin66.07%55.39%Rank 61
Growth18.2below the middleGrows more slowly than the sector: Revenue growth, 1 year −35.06%, sector 6.62%.
MetricStockSector medianPosition in sector
Revenue growth, 1 year−35.06%6.62%Rank 1
Earnings growth, 3 years per year−35.91%3.56%Rank 8
Earnings growth, 5 years per year−16.38%4.17%Rank 9
Sustainable growth (ROE × retained earnings)4.27%2.49%Rank 55
Valuation31.7below the middleValued higher than the sector: Earnings yield 1.15%, sector 5.58%.
MetricStockSector medianPosition in sector
Earnings yield1.15%5.58%Rank 11
FCF yield7.29%4.79%Rank 72
EV/saleslower is better16.1212.03Rank 19
EV/EBITlower is better33.0723.23Rank 25
Momentum79.2above the middleShare price doing better than the sector: Share price, 3 months 22.34%, sector 0.34%.
MetricStockSector medianPosition in sector
Share price, 1 year−8.71%−13.68%Rank 65
Share price, 6 months−1.69%−6.91%Rank 65
Share price, 3 months22.34%0.34%Rank 100
Distance from 52-week high−6.23%−18.73%Rank 88
Quality56.3around the middleQuality about like the sector.
MetricStockSector medianPosition in sector
Accruals (Sloan)lower is better−4.53%3.12%Rank 95
Change in share countlower is better0.69%0.26%Rank 43
Dividend streak in years–4Rank 13
Price reaction to results, market-adjusted1.34%−0.47%Rank 74
Balance sheet & risk7.2below the middleMore risk than the sector: Equity ratio −5.19%, sector 46.36%.
MetricStockSector medianPosition in sector
Equity ratio−5.19%46.36%Rank 2
Net debt/EBITDAlower is better10.586.62Rank 9
Debt to equitylower is betterdoes not count towards the rank−12.860.92
Volatility, 1 yearlower is better35.20%25.05%Rank 11

Ten years in figures

Revenue from $3.9B (2016) to $4.3B (2025), 0.9% a year.

Fiscal years, amounts in USD
YearRevenue, $BEBIT marginFCFSharesNet debt, $B
20163.924.2%$908.4M341M11.6
20174.322.7%$816.1M383M15.8
20185.425.8%$761.0M415M16.4
20195.827.1%$641.0M418M23.7
20205.831.9%$1.4B425M25.2
20216.331.6%$1.5B434M26.7
20227.034.7%$1.6B434M27.8
20237.033.9%$1.7B434M28.7
20246.6−44.7%$1.7B434M29.5
20254.348.8%$2.9B437M29.3
3.6 / 10Not ratedStockScorer score4 of 11 points

2 of 7 StockScorer Score rules met · How the score is built

Crown Castle mainly meets criteria in the Valuation category. Result from 18 strategies checked.

This stock · Profitability: 33%This stock · Growth: 0%This stock · Valuation: 100%This stock · Momentum: 0%Median of all stocks · Profitability: 33%Median of all stocks · Growth: 0%Median of all stocks · Valuation: 0%Median of all stocks · Momentum: 0%50%100%ProfitabilityGrowthValuationMomentumThis stockMedian of all stocks

How Crown Castle's score is built

This is how the StockScorer Score strategy, the flagship rule set, calculates the points for Crown Castle. It compares return and cash-flow metrics with the median of the company's own sector and checks growth and price trend.

2 of 7 rules met

4 of 11 points

The rule “Exclusion: financial and real estate stocks” applies. The stock is therefore not rated regardless of the points scored.

  1. Free cash flow yield above the sector medianmet2 of 2 points
  2. Return on capital (Greenblatt ROC) above the sector mediannot met0 of 2 points
  3. Return on equity above the sector mediannot met0 of 1 point
  4. Free cash flow margin above the sector medianmet2 of 2 points
  5. Revenue growth above 15%not met0 of 2 points
  6. 3-year earnings growth above 12% p.a.not met0 of 1 point
  7. 12-month share price more than 20 percentage points ahead of the marketnot met0 of 1 point
  8. Exclusion: financial and real estate stocksapplies

Detail data

How does Crown Castle stock perform across 18 strategies?

Excerpt from 18 strategies checked. The full evaluation is visible after a free sign-up.

12 more strategies locked

With a free account, you can see the match across all strategies checked in one complete overview.

  • Moat Quality
  • Altman Z-Score: Stress Test
  • Magic Formula: Value + Quality
  • Acquirer's Multiple: EV/EBIT Deep Value
  • Defensive: Low Volatility
  • Dividend Aristocrats & Continuity
  • Dividend Quality: 4 Factors
  • Balanced GARP
  • High-Growth / Rule of 40
  • Levermann Strategy (13 Criteria)
  • PEG Strategy (inspired by Peter Lynch)
  • Undervalued Stocks: Multi-Factor Check

Crown Castle key metrics: P/E, P/B and equity ratio

Selected fundamental metrics for Crown Castle.

MetricStockSector
P/E ratio87.216.4
P/B ratio−17.61.0
Return on equity (ROE)−51.7%7.5%
Equity ratio−5.2%46.4%
Debt-to-equity (D/E)−12.860.92
Dividend yield4.8%4.2%

Similar stocks in Real Estate

How comparable stocks in the same sector score in the StockScorer model.

SymbolCompanyRating
CCICrown Castlethis page
IRMIron Mountain IncorporatedLow0.0
SBACSBA Communications CorpLow6.4
LAMRLamar Advertising Companylocked
WYWeyerhaeuser Companylocked
GLPIGaming & Leisure Propertieslocked

Frequently asked questions about Crown Castle stock

How does Crown Castle stock (CCI) score in the StockScorer model?
Crown Castle stock reaches a StockScorer score of 3.6 out of 10, but is not rated (exclusion rule: Exclusion: financial and real estate stocks).
What is Crown Castle's P/E ratio?
Crown Castle's P/E ratio is 87.2. The Real Estate sector median is 16.4.
What sector is Crown Castle in?
Crown Castle is assigned to the Real Estate sector. Its rank within the sector is 40.2 out of 100: 100 means the stock leads its peer group of large and mid-cap sector stocks in every measured area.

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