Crown Castle (CCI) Stock Analysis
This is a peer-relative look at Crown Castle (CCI): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Equity Real Estate Investment Trusts (REITs) peers, so every number reads in context rather than in isolation.
Company Profile
Crown Castle (CCI) is a REIT, a distribution-oriented structure — read its payout ratio and P/E alongside FFO (funds from operations) rather than at face value.
| Profile Item | CCI |
|---|---|
| Name | Crown Castle Inc. |
| Country/Region | United States |
| GICS Sector | Real Estate |
| GICS Industry Group | Equity Real Estate Investment Trusts (REITs) |
| GICS Industry | Specialized REITs |
| GICS Sub-Industry | Telecom Tower REITs |
| Market Capitalization | 37.70 billion USD |
| Currency | USD |
| Exchange | NYSE |
| Listing Date | August 18, 1998 |
| Security Type | REIT |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | Current stock: CCI | Industry group median |
|---|---|---|
| Total Return (1Y) | 3.98% | 12.32% |
| Total Return (3Y, Annualized) | 2.86% | 12.70% |
| Total Return (5Y, Annualized) | -8.91% | 0.76% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | Current stock: CCI | Industry group median |
|---|---|---|
| Volatility (1Y, Annualized) | 35.72% | 23.60% |
| Beta (5Y) | 0.88 | 0.93 |
| Max Drawdown (5Y) | -59.72% | -42.02% |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | Current stock: CCI | Industry group median |
|---|---|---|
| Sharpe Ratio (1Y) | -0.01 | 0.37 |
| Sortino Ratio (1Y) | -0.01 | 0.55 |
Profitability
ROE (TTM)
No usable ROE is available for Crown Castle (CCI) this period, so the shareholder-equity return read is skipped.
CCI
Equity Real Estate Investment Trusts (REITs) industry group
--
Group distribution
- Max
- 22.74%
- Q3
- 10.54%
- Median
- 6.38%
- Q1
- 1.69%
- Min
- -10.86%
- CCI
- --
Largest peers
- SPG
- 129.35%
- AMT
- 32.96%
- EQIX
- 11.45%
- PLD
- 7.71%
- WELL
- 3.92%
- DLR
- 3.34%
- CCI
- --
Net Margin (TTM)
net margin is set aside for Crown Castle (CCI) in Equity Real Estate Investment Trusts (REITs): heavy depreciation can make net income a poor proxy for cash profitability, so FFO-based measures usually carry the read.
Operating Margin (TTM)
operating margin is set aside for Crown Castle (CCI) in Equity Real Estate Investment Trusts (REITs): the operating-income line is not a clean boundary for this business model, so net margin, ROE, FFO, or industry-specific measures may be more useful.
Profitability Metrics
| Metric | Current stock: CCI | Industry group median |
|---|---|---|
| ROE (TTM) | -- | 6.38% |
| ROA (TTM) | 4.69% | 2.44% |
| Net Margin (TTM) | -- | -- |
| Operating Margin (TTM) | -- | -- |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Crown Castle (CCI) grew revenue -4.39%, in the lower peer quartile. The top line is expanding more slowly than at most peers, which can reflect softer demand, lost share, or weaker pricing.
EPS Growth
EPS growth is not assessed for Crown Castle (CCI) in Equity Real Estate Investment Trusts (REITs): under this industry convention, per-share earnings need a different yardstick.
Growth Metrics
| Metric | Current stock: CCI | Industry group median |
|---|---|---|
| Revenue Growth (YoY) | -4.39% | 5.25% |
| Revenue Growth (3Y CAGR) | -15.17% | 5.09% |
| EPS Growth (YoY) | -- | -- |
| EPS Growth (3Y CAGR) | -- | -- |
Financial Strength
Current Ratio (MRQ)
Crown Castle (CCI) has current ratio of 0.23, in the tighter-liquidity quartile for its industry. The short-term cushion is thinner than most peers carry, even if the absolute comfort level still depends on the business model.
CCI
Equity Real Estate Investment Trusts (REITs) industry group
0.23
Group distribution
- Max
- 4.19
- Q3
- 2.11
- Median
- 1.31
- Q1
- 0.62
- CCI
- 0.23
- Min
- 0.06
Largest peers
- WELL
- 1.66
- EQIX
- 1.04
- PLD
- 0.73
- DLR
- 0.58
- SPG
- 0.39
- AMT
- 0.35
- CCI
- 0.23
Debt / Equity (MRQ)
No usable debt-to-equity ratio is available for Crown Castle (CCI) this period, so the balance-sheet leverage read is skipped.
CCI
Equity Real Estate Investment Trusts (REITs) industry group
--
Group distribution
- Max
- 2.72
- Q3
- 1.59
- Median
- 0.99
- Q1
- 0.72
- Min
- 0.20
- CCI
- --
Largest peers
- SPG
- 5.67
- AMT
- 4.64
- EQIX
- 1.81
- DLR
- 0.69
- PLD
- 0.62
- WELL
- 0.42
- CCI
- --
Financial Strength Metrics
| Metric | Current stock: CCI | Industry group median |
|---|---|---|
| Current Ratio (MRQ) | 0.23 | 1.31 |
| Debt / Equity (MRQ) | -- | 0.99 |
| Net Debt / EBITDA | 8.61 | 5.82 |
Dividends
Dividend Yield (TTM)
Crown Castle (CCI) has dividend yield of 4.67%, in the industry’s normal income range. It provides a meaningful dividend without the red flag of an unusually high headline yield.
CCI
Equity Real Estate Investment Trusts (REITs) industry group
4.67%
Group distribution
- Max
- 8.62%
- Q3
- 5.95%
- CCI
- 4.67%
- Median
- 4.34%
- Q1
- 3.26%
- Min
- 0.00%
Largest peers
- CCI
- 4.67%
- AMT
- 3.64%
- PLD
- 3.28%
- DLR
- 2.79%
- EQIX
- 2.02%
- WELL
- 1.30%
- SPG
- 0.97%
Dividend Payout Ratio (TTM)
payout ratio is not assessed for Crown Castle (CCI) in Equity Real Estate Investment Trusts (REITs): distributions in this industry are better read against FFO or cash-flow measures than accounting earnings.
Dividend Metrics
| Metric | Current stock: CCI | Industry group median |
|---|---|---|
| Dividend Yield (TTM) | 4.67% | 4.34% |
| Dividend Payout Ratio (TTM) | -- | -- |
Valuation
P/E Ratio (TTM)
P/E ratio is not assessed for Crown Castle (CCI) in Equity Real Estate Investment Trusts (REITs): depreciation can depress accounting earnings in this industry, so price-to-FFO is the more relevant valuation yardstick.
P/S Ratio (TTM)
Crown Castle (CCI) trades at 9.23 on P/S ratio, in the higher sales-valuation quartile. Investors are paying up for each dollar of revenue, so stronger margins, growth, or revenue quality need to carry that price.
CCI
Equity Real Estate Investment Trusts (REITs) industry group
9.23
Group distribution
- Max
- 14.47
- CCI
- 9.23
- Q3
- 8.02
- Median
- 5.98
- Q1
- 3.27
- Min
- 0.43
Largest peers
- WELL
- 13.03
- PLD
- 12.48
- SPG
- 12.09
- EQIX
- 9.88
- DLR
- 9.47
- CCI
- 9.23
- AMT
- 7.95
P/B Ratio (MRQ)
Crown Castle (CCI) has negative P/B ratio of -11.02, which means reported book equity is negative. Price-to-book breaks down in this situation and should not be used as a valuation signal.
CCI
Equity Real Estate Investment Trusts (REITs) industry group
-11.02
Group distribution
- Max
- 4.06
- Q3
- 2.53
- Median
- 1.64
- Q1
- 1.06
- Min
- 0.21
- CCI
- -11.02
Largest peers
- AMT
- 24.92
- SPG
- 19.38
- EQIX
- 6.90
- WELL
- 3.69
- DLR
- 2.39
- PLD
- 2.16
- CCI
- -11.02
Valuation Metrics
| Metric | Current stock: CCI | Industry group median |
|---|---|---|
| P/E Ratio (TTM) | -- | -- |
| P/S Ratio (TTM) | 9.23 | 5.98 |
| P/B Ratio (MRQ) | -11.02 | 1.64 |
| Free Cash Flow Yield (TTM) | -- | -- |