Crown Castle International Corp. | REIT Profile
Symbol: CCI
CIK: 1051470
Exchange: NYSE
Founded: 1994 (31 years)
HQ: Houston, TX, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Large-Cap
REIT Sector: Infrastructure
See CCI on Yahoo Finance
See CCI on SEC.gov
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Crown Castle provides wireless carriers with the infrastructure they need to keep people connected and businesses running. With approximately 40,000 towers and 60,000 route miles of fiber supporting small cells following the completion of the Lightower acquisition, Crown Castle is the nation's largest provider of shared wireless infrastructure with a significant presence in the top 100 US markets.
Stock Chart
REITRating™ Trend
REITRating™ is REITNotes' Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score. See score breakdown. The graph below plots the overall REITRating™ score for the last trading days. See complete trend.
Dividend of Trading Day 2025-09-16
Annualized Dividend: $4.25*
Dividend Yield (TTM): 5.6%
Annualized Dividend (TTM): $5.255
Ex-Dividend Date: 2025-09-15
Dividend Date: 2025-09-30
Dividend Frequency: Quarterly
*The forward annualized dividend and dividend yield are based on the most recent dividend value paid by the REIT. The REIT may have already announced their next upcoming dividend value, which may be different from previously paid dividend value. It is recommended to check the REIT's website and dividend announcements for the latest information on upcoming dividends and changes. This graph does not include extraordinary dividend.
Latest REIT Press Releases
- Crown Castle Declares Quarterly Common Stock Dividend - Wed, 06 Aug 2025 20:16:25 UTC
- Crown Castle Appoints Christian Hillabrant as President and Chief Executive Officer - Mon, 04 Aug 2025 20:21:11 UTC
- Crown Castle Releases 2024 Sustainability Report - Wed, 30 Jul 2025 12:31:53 UTC
- Crown Castle Reports Second Quarter 2025 Results and Increases Outlook For Full Year 2025 - Wed, 23 Jul 2025 20:16:53 UTC
- Crown Castle Declares Quarterly Common Stock Dividend - Wed, 21 May 2025 20:16:01 UTC
Funds From Operations (FFO)
FFO Amount and Payout Ratio
Below are the FFO amounts, dividends, and payout ratios for the last two quarters for CCI. Compare FFO to other REITs at REITFFO.
| Year | Quarter | Type | Amount | Dividend Paid | Payout Ratio |
|---|---|---|---|---|---|
| 2025 | Q2 | AFFO | $4.14 | $1.06 | 25.66% |
| 2025 | Q2 | FFO | $1.02 | $1.06 | 104.17% |
| 2025 | Q1 | AFFO | $1.10 | $1.57 | 142.27% |
| 2025 | Q1 | FFO | $1.03 | $1.57 | 151.94% |
REITNotes uses the REIT's Funds From Operation (FFO) per diluted share informed in the REIT’s Quarterly Earning Reports and its announced dividend per diluted share. For some REITs, we also display the Adjusted Funds From Operations (AFFO), Core FFO, Normalized FFO (NFFO), Modified FFO (MFFO), Operating FFO as provided by the REIT. REITNotes™ calculates the payout ratio by dividing the dividend value paid during the current quarter by the FFO declared in the previous Quarter. E.g., we divide the dividend value paid in Q3 by the FFO reported in Q2. This is because although paid in Q3, the dividend value is usually declared during the previous quarter. FFO is a non-GAAP measure recognized by the SEC and provided by the REITs as a supplemental measure of their operating performance. FFO is not meant to be an indicator of the REIT’s capacity to pay current or future dividends nor to be a substitute to the REIT's cash flow from operations. It is recommended to check the REIT's website, Earning Reports and dividend announcements for the latest and updated information. The “Payout Ratio” is calculated by dividing the “Dividends Paid” column by the “FFO Amount” column. Some REITs may have two types of FFO (eg. FFO and Modified FFO) while others may have just one type of FFO.
Dividend to FFO & AFFO Payout Ratio
The 2025-Q2 payout ratio is sort of high for this REIT.
REITNotes' Dividend to FFO Payout Ratio graph is based on the REIT's Funds From Operation (FFO) per diluted share informed in the REIT’s Quarterly Earning Reports and its announced dividend per diluted share. For some REITs, we also display the Adjusted Funds From Operations (AFFO), Core FFO, Normalized FFO (NFFO), Modified FFO (MFFO), Operating FFO as provided by the REIT. REITNotes™ calculates the payout ratio by dividing the dividend value paid during the current quarter by the FFO declared in the previous Quarter. E.g., we divide the dividend value paid in Q3 by the FFO reported in Q2. This is because although paid in Q3, the dividend value is usually declared during the previous quarter. FFO is a non-GAAP measure recognized by the SEC and provided by the REITs as a supplemental measure of their operating performance. FFO is not meant to be an indicator of the REIT’s capacity to pay current or future dividends nor to be a substitute to the REIT's cash flow from operations. It is recommended to check the REIT's website, Earning Reports and dividend announcements for the latest and updated information.
Stock Price to FFO & AFFO Multiples (TTM)
REITNotes' Price to FFO (P/FFO) Multiples graph is calculated by dividing the REIT’s closing stock price for the day by the Trailing Twelve Month (TTM) Funds from Operations (FFO). For some REITs we also display the Price-to-Adjusted Funds From Operations (P/AFFO), Price-to-Core FFO (P/CFFO), Price-to-Normalized FFO (P/NFFO), Price-to-Modified FFO (P/MFFO), Price-to-Operating (P/FFO), depending on the data provided in the REIT’s Quarterly Earning Reports.
As you may be familiar with, the price-to-earnings ratio (P/E ratio) is a useful tool for investors to gauge the market's valuation of a company’s stock price. The price-to-FFO ratio (or multiple) is a comparable measure used in the REIT industry that compares the REIT’s stock price to its FFO per share instead of its earnings per share (EPS).
Key Stats of Trading Day 2025-09-16
EBITDA: $3,933,000,000 [?]
P/E (Price-to-Earnings) Ratio: N/A [?]
PEG (Price/Earnings to Growth) Ratio: 1.33 [?]
Book Value: -3.18 [?]
Dividend Per Share (DPS): $5.76 [?]
Earnings Per Share (EPS): -8.82 [?]
Revenue Per Share (TTM): $14.89 [?]
Profit Margin: -71.70% [?]
Operating Margin (TTM): 47.90% [?]
Return on Equity (TTM): -183.30% [?]
Revenue (TTM): $6,468,000,000 [?]
Gross Profit (TTM): $4,623,000,000 [?]
Diluted EPS (TTM): $-8.82 [?]
Quarterly Earnings Growth YOY: 15.90% [?]
Quarterly Revenue Growth YOY: -4.20% [?]
Trailing P/E: N/A [?]
Forward P/E: 26.32 [?]
Beta: 0.94 [?]
Price-to-Book (P/B): 8.86 [?]
Enterprise Value (EV) to Revenue: 10.98 [?]
EV to EBITDA: 20.71x [?]
Shares Outstanding: 435,470,000 [?]
52 Week High: $114.47 [?]
52 Week Low: $81.02 [?]
50 Day Moving Average: $102.75 [?]
200 Day Moving Average: $98.89 [?]
Properties Owned by CCI
Sample of REIT’s Properties. Image Source - REIT’s website
REIT Simulation
Below is a simulation of how much money you would have made in dividends, and how much the shares would be worth had you purchased them 1 year ago for the amounts below.