Crown Castle International Corp. | REIT Profile

Symbol: CCI
CIK: 1051470
Exchange: NYSE
Founded: 1994 (27 years)
HQ: Houston, TX, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Large-Cap
REIT Sector: Infrastructure

See CCI on Google Finance
See CCI on Yahoo Finance
See CCI on SEC.gov

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Overall Score: 8.3

See score breakdown | See trend

REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score. Learn More


Crown Castle International Corp. Company Logo

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Hightlights of Trading Day December 6, 2021


Open Price: $185.54
Closing Price: $187.82
Price Change: 2.96 (1.601%)
Lowest Price: $184.82
Highest Price: $189.128

52-Week Low: $142.93
52-Week High: $203.18
52-Week Change: 16.59%

5 Day Price Change: 0.74%
1 Month Price Change: 2.63%
3 Month Price Change: -6.21%
6 Month Price Change: -4.73%
YTD Price Change: 18.74%
1 Year Price Change: 16.59%
2 Year Price Change: 45.70%
5 Year Price Change: 164.77%

Dividend of Trading Day December 6, 2021


Dividend Yield: 2.832%*
Annualized Dividend: $5.32*
Dividend Yield (TTM): 2.847%
Annualized Dividend (TTM): $5.2633
Ex-Dividend Date: 2021-09-14
Next Ex-Dividend: 2021-12-14
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 News Headlines


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Funds From Operations (FFO)


Funds From Operations (FFO)

Key Stats of Trading Day December 6, 2021


Total Cash: $357,000,000
Current Debt: $1,987,000,000
Revenue: $6,179,000,000
Gross Profit: $4,189,000,000
Total Revenue: $6,179,000,000
Earnings Before Interest, Taxes & Depreciation Amortization (EBITDA): $3,504,000,000
Revenue Per Share: $14
Revenue Per Employee: $1,373,111
Employee: 4,900
Debt to Equity Ratio (D/E): 4.58
Profit Margin: 0.20%
Enterprise Value (EV): $100,324,329,576
Enterprise Value to Revenue (EV/R): 16.24
Price to Sales (P/S): 13.00
Price to Book (P/B): 9.43
Price/Earnings-to-Growth (PEG) Ratio: 0.62
P/E Ratio: 65.22
P/E High: 111.52
P/E Low: 89.86
Forward P/E Ratio: 71.82
Market Capitalization: $81,176,414,039
Beta: 0.58
Latest Volume: 2,042,067
Avg. Total Volume: 1,419,432
Avg. 10-Day Volume: 1,671,690
Avg. 30-Day Volume: 1,419,432
TTM EPS: 2.88
Shares Outstanding: 432,203,248
Float: N/A
50-Day Moving Avg.: $180.91
200-Day Moving Avg.: $187.77

Latest REIT Community Comments on #CCI


See more community comments related to CCI

Properties Owned by CCI


Properties Based on REIT's Official Presentation

Properties Types States Countries
40,000 3 48 1

Please visit REIT’s official webpage for the most up-to-date property list.

CCI Sample Property

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.

With $1,000 USD With $500 USD With $250 USD With $100 USD With $50 USD
Initial investment @ $135.45 per share you would have been able to buy 7 shares of CCI on 2020-12-07 costing $948.15 @ $135.45 per share you would have been able to buy 3 shares of CCI on 2020-12-07 costing $406.35 @ $135.45 per share you would have been able to buy 1 shares of CCI on 2020-12-07 costing $135.45 @ $135.45 per share you would have been able to buy 0 shares of CCI on 2020-12-07 costing $0.00 @ $135.45 per share you would have been able to buy 0 shares of CCI on 2020-12-07 costing $0.00
Current worth On 2021-12-06 these 7 shares would be worth $1,314.74 @ $187.82 On 2021-12-06 these 3 shares would be worth $563.46 @ $187.82 On 2021-12-06 these 1 shares would be worth $187.82 @ $187.82 On 2021-12-06 these 0 shares would be worth $0.00 @ $187.82 On 2021-12-06 these 0 shares would be worth $0.00 @ $187.82
Dividends earned $37.24 in dividends would have been earned since 2020-12-07 with 7 shares. $16 in dividends would have been earned since 2020-12-07 with 3 shares. $5.32 in dividends would have been earned since 2020-12-07 with 1 shares. $0.00 in dividends would have been earned since 2020-12-07 with 0 shares. $0.00 in dividends would have been earned since 2020-12-07 with 3 shares.
Net (gain / loss)* 403.83 USD 173.07 USD 57.69 USD 0.00 USD 0.00 USD
ROI** 42.59% 42.59% 42.59% nan% nan%

*Net (Gains/Loss): Includes the stock price (appreciate or depreciate ) + dividends earned during period held. Stock prices based on closing price for the date. **ROI: Is based on the Net (gain/loss) divided by the initial investment value. Note: Past performance is no guarantee of future results. This is a high-level simulation and does not account for many factors such as inflation and taxes so we cannot guarantee the accuracy of this simulation.

Dividend History


Below are the most recent cash dividends paid by CCI. The percent difference from one dividend payment to the next has also been calculated for your convenience. Dividends flagged as [E] are extraordinary dividend payments.


Symbol Ex Date Cash Amount Change in Dividend Declaration Date Record Date Payment Date
CCI 2021-09-14 1.330 --- 2021-08-05 2021-09-15 2021-09-30
CCI 2021-06-11 1.330 --- 2021-05-21 2021-06-14 2021-06-30
CCI 2021-03-12 1.330 --- 2021-02-18 2021-03-15 2021-03-31
CCI 2020-12-14 1.330 10.83% 2020-10-21 2020-12-15 2020-12-31
CCI 2020-09-14 1.200 --- 2020-08-06 2020-09-15 2020-09-30
CCI 2020-06-11 1.200 --- 2020-05-14 2020-06-12 2020-06-30
CCI 2020-03-12 1.200 --- 2020-02-20 2020-03-13 2020-03-31
CCI 2019-12-12 1.200 6.67% 2019-10-16 2019-12-13 2019-12-31
CCI 2019-09-12 1.125 --- 2019-08-08 2019-09-13 2019-09-30
CCI 2019-06-13 1.125 --- 2019-05-16 2019-06-14 2019-06-28
CCI 2019-03-14 1.125 --- 2019-02-21 2019-03-15 2019-03-29
CCI 2018-12-13 1.125 7.14% 2018-10-17 2018-12-14 2018-12-31
CCI 2018-09-13 1.050 --- 2018-08-02 2018-09-14 2018-09-28
CCI 2018-06-14 1.050 --- 2018-05-17 2018-06-15 2018-06-29
CCI 2018-03-15 1.050 --- 2018-02-21 2018-03-16 2018-03-30
CCI 2017-12-14 1.050 10.53% 2017-10-18 2017-12-15 2017-12-29
CCI 2017-09-14 0.950 --- 2017-08-03 2017-09-15 2017-09-29
CCI 2017-06-14 0.950 --- 2017-05-18 2017-06-16 2017-06-30
CCI 2017-03-15 0.950 --- 2017-02-17 2017-03-17 2017-03-31
CCI 2016-12-14 0.950 7.34% 2016-10-20 2016-12-16 2016-12-30

Financial Statements Overview


The next Earnings Report for CCI is 2022-01-26

Balance Sheet | Quarterly

See Annual Balance Sheet | See Quarterly Balance Sheet

Amounts in USD ($)

Balance Sheet 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Current Cash 357,000,000 339,000,000 254,000,000 232,000,000
Receivables 493,000,000 434,000,000 412,000,000 431,000,000
Inventory 0 0 0 0
Current Assets 1,332,000,000 1,329,000,000 1,176,000,000 1,104,000,000
Current Assets (Other) 302,000,000 375,000,000 331,000,000 297,000,000
Short Term Investments 302,000,000 375,000,000 331,000,000 297,000,000
Long-term Investments 37,672,000,000 37,644,000,000 37,576,000,000 37,664,000,000
Property, Plant & Equipment Net 15,174,000,000 15,178,000,000 15,149,000,000 15,162,000,000
Goodwill 10,078,000,000 10,078,000,000 10,078,000,000 10,078,000,000
Intangible Assets 4,115,000,000 4,222,000,000 4,324,000,000 4,433,000,000
Other Assets 1,646,000,000 1,548,000,000 1,511,000,000 1,527,000,000
Net Tangible Assets -5,677,000,000 -5,587,000,000 -5,479,000,000 -5,050,000,000
Total Assets 39,004,000,000 38,973,000,000 38,752,000,000 38,768,000,000
Accounts Payable 231,000,000 219,000,000 187,000,000 230,000,000
Liabilities (Other) 2,208,000,000 2,265,000,000 2,327,000,000 2,368,000,000
Current Liabilities (Other) 1,684,000,000 1,728,000,000 1,587,000,000 1,610,000,000
Total Current Liabilities 1,987,000,000 2,018,000,000 1,933,000,000 1,969,000,000
Current Long-term Debt 72,000,000 71,000,000 159,000,000 129,000,000
Long-term Debt 20,293,000,000 20,014,000,000 19,713,000,000 19,151,000,000
Total Liabilities 30,488,000,000 30,260,000,000 29,829,000,000 29,307,000,000
Minority Interest 0 0 0 0
Common Stock 432,000,000 432,000,000 432,000,000 432,000,000
Retained Earnings -9,467,000,000 -9,240,000,000 -8,995,000,000 -8,472,000,000
Treasury Stock 0 0 0 0
Capital Surplus 0 0 0 0
Shareholder Equity 8,516,000,000 8,713,000,000 8,923,000,000 9,461,000,000

Income Statement | Quarterly

See Annual Income Statement | See Quarterly Income Statement

Amounts in USD ($)

Income Statement 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Total Revenue 1,618,000,000 1,583,000,000 1,485,000,000 1,493,000,000
Cost of Revenue 512,000,000 494,000,000 462,000,000 522,000,000
Gross Profit 1,106,000,000 1,089,000,000 1,023,000,000 971,000,000
Research and Development 0 0 0 0
Selling General and Admin 167,000,000 169,000,000 164,000,000 185,000,000
Operating Expense 1,092,000,000 1,071,000,000 1,034,000,000 1,108,000,000
Operating Income 526,000,000 512,000,000 451,000,000 385,000,000
Income Expense Net (Other) 0 0 0 0
EBIT 526,000,000 512,000,000 451,000,000 385,000,000
Interest Income 157,000,000 153,000,000 163,000,000 154,000,000
Pretax Income 358,000,000 339,000,000 128,000,000 512,000,000
Income Tax 7,000,000 6,000,000 7,000,000 4,000,000
Minority Interest 0 0 0 0
Net Income 351,000,000 334,000,000 58,000,000 507,000,000
Net Income Basic 351,000,000 334,000,000 58,000,000 507,000,000

Cash Flow | Quarterly

See Annual Cash Flow | See Quarterly Cash Flow

Amounts in USD ($)

Cash Flow 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Net Income 351,000,000 334,000,000 58,000,000 507,000,000
Depreciation 413,000,000 408,000,000 408,000,000 1,608,000,000
Changes in Receivables 493,000,000 434,000,000 412,000,000 431,000,000
Changes in Inventories 0 0 0 0
Cash Change 357,000,000 339,000,000 254,000,000 232,000,000
Cash Flow 684,000,000 787,000,000 584,000,000 985,000,000
Capital Expenditures -283,000,000 -307,000,000 -302,000,000 -1,624,000,000
Investments 0 0 0 0
Investing Activity (Other) 0 0 0 0
Total Investing Cash Flows -295,000,000 -305,000,000 -311,000,000 -405,000,000
Dividends Paid 0 0 0 0
Net Borrowings 19,706,000,000 19,371,000,000 19,287,000,000 18,751,000,000
Cash Flow Financing -309,000,000 -395,000,000 -217,000,000 -620,000,000
Financing Cash Flows (Other) 0 0 0 0
Exchange Rate Effect 0 0 0 0

About Crown Castle International Corp.


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.

REITRating™ Scorecard


Rating Dividend Section Avg. Rating
10 Dividend Payment Growth: Analysis of how the REIT’s dividend payments have performed during the last three years. 3.7
7 Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. 6.4
10 Dividend to AFFO Payout Ratio Health: Analysis of the REIT’s Dividend to AFFO Payout Ratios during the last four quarters. 8.8
9 Dividend to AFFO Payout Ratio Trend: Analysis of the REIT’s Dividend to AFFO Payout Ratios trend during the last two years. 7.7
Rating AFFO & Efficiency Section Avg. Rating
10 AFFO Trend: Analysis of the REIT’s AFFO trend during the last two years. 7.8
7 AFFO to Revenue Health: Analysis of the REIT's Adjusted Funds From Operation to its Revenues. 6.8
9 Operating Expense Efficiency: Analysis of the REIT's Operating Expenses to its Revenues. 8.3
10 Operating Expense Efficiency Trend: Analysis of the trend of the REIT's Operating Expenses to its Revenue. 9.0
Rating Leverage Section Avg. Rating
10 Interest Coverage Health: Analysis of the REIT’s Interest Coverage health during the last four quarter. 7.2
10 Interest Coverage Health Trend: Analysis of the REIT’s Interest Coverage health trend during the last two years. 8.8
10 Total Debt Interest Rate Competitiveness: Analysis of the REIT’s Interest Rate to Total Debt competitiveness compared to REIT market. 7.9
9 Total Debt Interest Rate Trend: Analysis of the REIT’s Interest Rate to Total Debt trend during the last two years. 8.5
2 Debt Leverage Health: Analysis of the REIT’s Total Debt to Total Assets. 5.0
4 Debt Leverage Health Trend: Analysis of the REIT’s Total Debt to Total Assets over the last two years. 6.9
Rating Asset & Revenue Section Avg. Rating
9 Revenues Growth: Analysis of how the REIT's Revenue has performed over the last two years. 6.2
5 Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years. 6.2
Rating Properties Section Avg. Rating
9 Portfolio of Properties: Analysis of the REIT's property's strength, size, and geographic distribution. 8.2
Rating Market Cap Section Avg. Rating
5 Market Cap Strength: Analysis of the REIT's Market Capitalization performance, preservation and resistance in comparison to market changes. 5.3
8.3 Overall REITRating™ Score (See trend) 6.2

REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The REIT’s score for each analysis is out of ten points, with ten being the best score and zero being the worst. A score of zero can be assigned if the REIT does not meet the criteria for that specific analysis. N/A is assigned if insufficient data is available for a particular analysis. Our REITRating logic is continuously improving, so a REIT’s rating and ranking may change over time. Important Note: REITRating is not a predictor of a REIT’s future performance, it is an evaluation of its past results. Additionally, the REITRating system is for informational purposes only and does not represent financial or investment advice or a recommendation of which REITs to acquire. Learn more.

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Last updated: 2021-12-07 - v2.4