Crown Castle Inc. (CCI)

From the record

Crown Castle Inc.'s filings since 2017 show 3 warning events of 2 kinds: a warning not to rely on past financial statements (8-K item 4.02, the latest 2020-02-26); a late-report notice (Form NT 10-K or NT 10-Q, 2 times, the latest 2025-02-25) (its current reports).

From the record

Crown Castle Inc.'s 10 filed years say what it did: revenue went from $3.9 billion in fiscal 2016 to $4.3 billion in fiscal 2025, up 0.9% a year; it rose in 6 of 9 years; the deepest fall was 39% from fiscal 2022 to fiscal 2025; net income was positive in 9 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Crown Castle Inc.'s diluted share count grew about 0.2% a year, and dividends and buybacks returned about 83% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 5 sales and 1 purchase of their own stock on the open market in the year to 2026-11-10, buying about $74 thousand (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Crown Castle Inc.'s shareholders' equity was below zero, so the profit on it is not read, and gross profitability: its products earned about 13 cents per dollar of everything the company owns (revenue less the cost of revenue). Leverage: it owed about 105 cents per dollar of assets, and net share issuance: its share count grew 0.7% over the year (the filed statements).

From the record

Crown Castle Inc.'s standing among 157 graded names in its industry family: revenue of $4.3 billion in fiscal 2025 ranks in the top 9% by size; a net margin of 10.4% ranks in the bottom 46%; revenue growth of -15.2% a year over the last 3 filed years ranks in the bottom 4% (its annual reports).

From the record

Crown Castle Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Hillabrant, Christian H (President and CEO, as filed), filing under that title since 2025-09-18, 1.2 years (bottom 8% of its family); the 18 officers and directors filing in the last fifteen months have been on the record a median of 5.6 years (bottom 19%); 24 officer or director changes were reported on Form 8-K since 2023-11-13, against the 18 people in charge now (bottom 3%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Crown Castle Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $99 million against debt of $22 billion leaves -68.1% of its assets as net cash, bottom 7% of its family; cash from operations less capital spending is 67.4% of revenue (top 10%); a gross margin of 97.3% (top 10%) (its annual report).

From the record

Crown Castle Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew -15.2% a year over the last three filed years against 0.9% over all 10, slowing (bottom 8% of its family); the newest year grew -4.4% (bottom 21%); capital spending grew -48.2% a year (bottom 4%) (its annual reports). Crown Castle Inc. reported 2 lines of business in fiscal 2024: Towers at $4.5 billion, Fiber at $18 million. 1 of 2 grew in the latest filed year, and the largest line is 100% of revenue (its annual report).

From the record

Crown Castle Inc.'s newest year against its own record: revenue of $4.3 billion in fiscal 2025 came in 19.6% above the $3.6 billion its prior three years' pace pointed to (top 4% of its family); net income of $444 million against a prior three-year average of $242 million (top 12%); a net margin of 10.4% against -10.6% before (top 12%) (its annual reports).