Crown Castle revenue and financials
$66.52Change from previous close: +0.12%Absolute change: +$0.08
In the fiscal year ended December 2025, Crown Castle reported revenue of $4.26B (−4.39% year over year). Net income was $444M, a net margin of 10.4%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- −4.39%
- 2025 vs 2024
- Net margin
- 10.4%
- 2024: -87.5%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 4,264 | 4,460 | 4,734 | 6,986 | 6,340 | 5,840 | 5,763 | 5,370 | 4,255 | 3,921 |
| Cost of revenue | 113 | 1,806 | 1,935 | 2,024 | 1,953 | 1,927 | 524 | 434 | 399 | 417 |
| Gross profit | 3,159 | 3,370 | 3,469 | 4,918 | — | — | — | — | — | — |
| Selling, general and administrative | 383 | 435 | 502 | 750 | — | — | — | — | — | — |
| Operating income | 2,075 | 2,118 | 2,097 | 2,425 | 2,001 | 1,863 | 1,559 | 1,383 | 967 | 949 |
| EBIT | 2,060 | 2,080 | 2,078 | 2,364 | — | — | — | — | — | — |
| EBITDA | 2,750 | 2,816 | 2,865 | 4,071 | — | — | — | — | — | — |
| Interest expense | 941 | 900 | 820 | 673 | — | — | — | — | 0.0 | 0.0 |
| Pre-tax income | 1,119 | 1,180 | 1,258 | 1,691 | — | — | — | — | — | — |
| Income tax | 16.0 | 18.0 | 21.0 | 16.0 | 21.0 | 20.0 | -21.0 | -19.0 | -26.0 | -17.0 |
| Net income | 444 | -3,903 | 1,502 | 1,675 | 1,096 | 1,056 | 860 | 622 | 445 | 357 |
| Net income to common shareholders | 444 | -3,903 | 1,502 | 1,675 | — | — | — | — | — | — |
| Basic EPS | 1.02 | -8.98 | 3.46 | 3.87 | 2.54 | 2.36 | 1.80 | 1.23 | 0.80 | 0.95 |
| Diluted EPS | 1.01 | -8.98 | 3.46 | 3.86 | 2.53 | 2.35 | 1.79 | 1.23 | 0.80 | 0.95 |
| Average shares (basic) | 435 | 434 | 434 | 433 | — | — | — | — | — | — |
| Average shares (diluted) | 437 | 434 | 434 | 434 | 434 | 425 | 418 | 415 | 383 | 341 |