CROWN CASTLE INC.
CCI REIT RUBRIC Real Estate · Equity REITsEach grade is a single reported quarter's assessment, never an average — a card shows the grade at the newest quarter in view, so it follows the period and range controls above. Latest scored quarter: 2026-06-30.
▼−16 over range · as of 2026-06-30
FFO -43.1% YoY, revenue -4.9% YoY · sector avg 58
▼−12 over range · as of 2026-06-30
37% FFO margin · sector avg 96
▼−8 over range · as of 2026-06-30
74% debt-to-assets, 2.3x interest coverage, negative shareholder equity · sector avg 52
Latest quarter · ending 2026-06-30 · green = improving · click a row to chart it
Revenue $1.0B −0.2% Net income $94.0M −37.7% FFO $265.0M −18.0% FFO margin 26.3% −5.7pp Operating margin 46.6% +0.6pp Distributions paid $459.0M −3.0% Distribution coverage 0.58× −15.5% Debt / assets 74.3% +5.7pp Interest coverage 2.26× +17.6%Filings
Full history 7 match| Year | Q1 | Q2 | Q3 | FY |
|---|---|---|---|---|
| 2026 | 10-Q Q1 2026 | 10-Q Q2 2026 | no filing | no filing |
| 2025 | 10-Q Q1 2025 | 10-Q Q2 2025 | 10-Q Q3 2025 | 10-K FY 2025 |
| 2024 | 10-Q Q1 2024 | 10-Q Q2 2024 | 10-Q Q3 2024 | 10-K FY 2024 |
| 2023 | 10-Q Q1 2023 | 10-Q Q2 2023 | 10-Q Q3 2023 | 10-K FY 2023 |
| 2022 | 10-Q Q1 2022 | 10-Q Q2 2022 | 10-Q Q3 2022 | 10-K FY 2022 |
| 2021 | 10-Q Q1 2021 | 10-Q Q2 2021 | 10-Q Q3 2021 | 10-K FY 2021 |
| 2020 | 10-Q Q1 2020 | 10-Q Q2 2020 | 10-Q Q3 2020 | 10-K FY 2020 |
| 2019 | no filing | no filing | 10-Q Q3 2019 | 10-K FY 2019 |
All 7 filings
10-Q Q1 2020 2020-05-01 Pro →Filing-level fact detail is a Pro feature. The grades and figures above are free. See Pro plans
Trends
| Period | Period end | Revenue |
|---|---|---|
| 08-06 | 2008-06-30 | $379.5M |
| 09-03 | 2009-03-31 | $402.9M |
| 09-06 | 2009-06-30 | $409.9M |
| 09-09 | 2009-09-30 | $429.1M |
| 09-12 | 2009-12-31 | $443.5M |
| 10-03 | 2010-03-31 | $444.3M |
| 10-06 | 2010-06-30 | $456.1M |
| 10-09 | 2010-09-30 | $481.9M |
| 10-12 | 2010-12-31 | $496.3M |
| 11-03 | 2011-03-31 | $499.0M |
| 11-06 | 2011-06-30 | $500.3M |
| 11-09 | 2011-09-30 | $513.9M |
| 11-12 | 2011-12-31 | $519.5M |
| 12-03 | 2012-03-31 | $551.7M |
| 12-06 | 2012-06-30 | $585.5M |
| 12-09 | 2012-09-30 | $621.3M |
| 12-12 | 2012-12-31 | $674.1M |
| 13-03 | 2013-03-31 | $740.1M |
| 13-06 | 2013-06-30 | $734.9M |
| 13-09 | 2013-09-30 | $749.0M |
| 13-12 | 2013-12-31 | $798.4M |
| 14-03 | 2014-03-31 | $841.8M |
| 14-06 | 2014-06-30 | $878.2M |
| 14-09 | 2014-09-30 | $892.9M |
| 14-12 | 2014-12-31 | $925.9M |
| 15-03 | 2015-03-31 | $900.5M |
| 15-06 | 2015-06-30 | $899.4M |
| 15-09 | 2015-09-30 | $918.1M |
| 15-12 | 2015-12-31 | $945.8M |
| 16-03 | 2016-03-31 | $934.4M |
| 16-06 | 2016-06-30 | $962.4M |
| 16-09 | 2016-09-30 | $992.0M |
| 16-12 | 2016-12-31 | $1.0B |
| 17-03 | 2017-03-31 | $1.0B |
| 17-06 | 2017-06-30 | $1.0B |
| 17-09 | 2017-09-30 | $1.1B |
| 17-12 | 2017-12-31 | $1.2B |
| 18-03 | 2018-03-31 | $1.3B |
| 18-06 | 2018-06-30 | $1.3B |
| 18-09 | 2018-09-30 | $1.4B |
| 18-12 | 2018-12-31 | $1.4B |
| 19-03 | 2019-03-31 | $1.4B |
| 19-06 | 2019-06-30 | $1.4B |
| 19-09 | 2019-09-30 | $1.5B |
| 19-12 | 2019-12-31 | $1.4B |
| 20-03 | 2020-03-31 | $1.4B |
| 20-06 | 2020-06-30 | $1.4B |
| 20-09 | 2020-09-30 | $1.5B |
| 20-12 | 2020-12-31 | $1.5B |
| 21-03 | 2021-03-31 | $1.5B |
| 21-06 | 2021-06-30 | $1.6B |
| 21-09 | 2021-09-30 | $1.6B |
| 21-12 | 2021-12-31 | $1.7B |
| 22-03 | 2022-03-31 | $1.7B |
| 22-06 | 2022-06-30 | $1.7B |
| 22-09 | 2022-09-30 | $1.7B |
| 22-12 | 2022-12-31 | $1.8B |
| 23-03 | 2023-03-31 | $1.8B |
| 23-06 | 2023-06-30 | $1.9B |
| 23-09 | 2023-09-30 | $1.7B |
| 23-12 | 2023-12-31 | -$573.0M |
| 24-03 | 2024-03-31 | $1.1B |
| 24-06 | 2024-06-30 | $1.1B |
| 24-09 | 2024-09-30 | $1.1B |
| 24-12 | 2024-12-31 | $1.1B |
| 25-03 | 2025-03-31 | $1.1B |
| 25-06 | 2025-06-30 | $1.1B |
| 25-09 | 2025-09-30 | $1.1B |
| 25-12 | 2025-12-31 | $1.1B |
| 26-03 | 2026-03-31 | $1.0B |
| 26-06 | 2026-06-30 | $1.0B |
| Period | Period end | Net income |
|---|---|---|
| 08-06 | 2008-06-30 | $60.3M |
| 09-03 | 2009-03-31 | $10.6M |
| 09-06 | 2009-06-30 | -$111.4M |
| 09-09 | 2009-09-30 | -$31.6M |
| 09-12 | 2009-12-31 | $18.1M |
| 10-03 | 2010-03-31 | -$119.3M |
| 10-06 | 2010-06-30 | -$97.5M |
| 10-09 | 2010-09-30 | -$135.0M |
| 10-12 | 2010-12-31 | $40.9M |
| 11-03 | 2011-03-31 | $40.0M |
| 11-06 | 2011-06-30 | $30.9M |
| 11-09 | 2011-09-30 | $51.3M |
| 11-12 | 2011-12-31 | $48.9M |
| 12-03 | 2012-03-31 | $50.0M |
| 12-06 | 2012-06-30 | $116.0M |
| 12-09 | 2012-09-30 | $42.0M |
| 12-12 | 2012-12-31 | -$19.5M |
| 13-03 | 2013-03-31 | $15.5M |
| 13-06 | 2013-06-30 | $52.4M |
| 13-09 | 2013-09-30 | $45.8M |
| 13-12 | 2013-12-31 | -$23.5M |
| 14-03 | 2014-03-31 | $101.5M |
| 14-06 | 2014-06-30 | $34.0M |
| 14-09 | 2014-09-30 | $106.9M |
| 14-12 | 2014-12-31 | $148.1M |
| 15-03 | 2015-03-31 | $122.8M |
| 15-06 | 2015-06-30 | $1.2B |
| 15-09 | 2015-09-30 | $103.8M |
| 15-12 | 2015-12-31 | $141.1M |
| 16-03 | 2016-03-31 | $47.8M |
| 16-06 | 2016-06-30 | $86.1M |
| 16-09 | 2016-09-30 | $98.4M |
| 16-12 | 2016-12-31 | $124.7M |
| 17-03 | 2017-03-31 | $119.0M |
| 17-06 | 2017-06-30 | $112.0M |
| 17-09 | 2017-09-30 | $115.0M |
| 17-12 | 2017-12-31 | $98.0M |
| 18-03 | 2018-03-31 | $86.0M |
| 18-06 | 2018-06-30 | $152.0M |
| 18-09 | 2018-09-30 | $136.0M |
| 18-12 | 2018-12-31 | $185.0M |
| 19-03 | 2019-03-31 | $193.0M |
| 19-06 | 2019-06-30 | $216.0M |
| 19-09 | 2019-09-30 | $242.0M |
| 19-12 | 2019-12-31 | $208.0M |
| 20-03 | 2020-03-31 | $185.0M |
| 20-06 | 2020-06-30 | $200.0M |
| 20-09 | 2020-09-30 | $163.0M |
| 20-12 | 2020-12-31 | $508.0M |
| 21-03 | 2021-03-31 | $58.0M |
| 21-06 | 2021-06-30 | $334.0M |
| 21-09 | 2021-09-30 | $351.0M |
| 21-12 | 2021-12-31 | $353.0M |
| 22-03 | 2022-03-31 | $421.0M |
| 22-06 | 2022-06-30 | $421.0M |
| 22-09 | 2022-09-30 | $419.0M |
| 22-12 | 2022-12-31 | $414.0M |
| 23-03 | 2023-03-31 | $418.0M |
| 23-06 | 2023-06-30 | $455.0M |
| 23-09 | 2023-09-30 | $265.0M |
| 23-12 | 2023-12-31 | $364.0M |
| 24-03 | 2024-03-31 | $311.0M |
| 24-06 | 2024-06-30 | $251.0M |
| 24-09 | 2024-09-30 | $303.0M |
| 24-12 | 2024-12-31 | -$4.8B |
| 25-03 | 2025-03-31 | -$464.0M |
| 25-06 | 2025-06-30 | $291.0M |
| 25-09 | 2025-09-30 | $323.0M |
| 25-12 | 2025-12-31 | $294.0M |
| 26-03 | 2026-03-31 | $151.0M |
| 26-06 | 2026-06-30 | $94.0M |
| Period | Period end | FFO margin |
|---|---|---|
| 08-06 | 2008-06-30 | 50.7% |
| 09-03 | 2009-03-31 | not reported |
| 09-06 | 2009-06-30 | 4.9% |
| 09-09 | 2009-09-30 | not reported |
| 09-12 | 2009-12-31 | not reported |
| 10-03 | 2010-03-31 | not reported |
| 10-06 | 2010-06-30 | 8.1% |
| 10-09 | 2010-09-30 | not reported |
| 10-12 | 2010-12-31 | not reported |
| 11-03 | 2011-03-31 | not reported |
| 11-06 | 2011-06-30 | not reported |
| 11-09 | 2011-09-30 | not reported |
| 11-12 | 2011-12-31 | not reported |
| 12-03 | 2012-03-31 | not reported |
| 12-06 | 2012-06-30 | not reported |
| 12-09 | 2012-09-30 | not reported |
| 12-12 | 2012-12-31 | not reported |
| 13-03 | 2013-03-31 | not reported |
| 13-06 | 2013-06-30 | not reported |
| 13-09 | 2013-09-30 | not reported |
| 13-12 | 2013-12-31 | not reported |
| 14-03 | 2014-03-31 | not reported |
| 14-06 | 2014-06-30 | not reported |
| 14-09 | 2014-09-30 | not reported |
| 14-12 | 2014-12-31 | not reported |
| 15-03 | 2015-03-31 | not reported |
| 15-06 | 2015-06-30 | not reported |
| 15-09 | 2015-09-30 | not reported |
| 15-12 | 2015-12-31 | not reported |
| 16-03 | 2016-03-31 | not reported |
| 16-06 | 2016-06-30 | not reported |
| 16-09 | 2016-09-30 | not reported |
| 16-12 | 2016-12-31 | not reported |
| 17-03 | 2017-03-31 | not reported |
| 17-06 | 2017-06-30 | not reported |
| 17-09 | 2017-09-30 | not reported |
| 17-12 | 2017-12-31 | not reported |
| 18-03 | 2018-03-31 | 35.8% |
| 18-06 | 2018-06-30 | 40.3% |
| 18-09 | 2018-09-30 | 38.3% |
| 18-12 | 2018-12-31 | 40.8% |
| 19-03 | 2019-03-31 | 41.7% |
| 19-06 | 2019-06-30 | 42.1% |
| 19-09 | 2019-09-30 | 42.5% |
| 19-12 | 2019-12-31 | 42.4% |
| 20-03 | 2020-03-31 | 41.1% |
| 20-06 | 2020-06-30 | 41.8% |
| 20-09 | 2020-09-30 | 38.3% |
| 20-12 | 2020-12-31 | 60.9% |
| 21-03 | 2021-03-31 | 31.4% |
| 21-06 | 2021-06-30 | 46.9% |
| 21-09 | 2021-09-30 | 47.2% |
| 21-12 | 2021-12-31 | 46.4% |
| 22-03 | 2022-03-31 | 48.3% |
| 22-06 | 2022-06-30 | 48.9% |
| 22-09 | 2022-09-30 | 48.6% |
| 22-12 | 2022-12-31 | 47.8% |
| 23-03 | 2023-03-31 | 47.9% |
| 23-06 | 2023-06-30 | 48.2% |
| 23-09 | 2023-09-30 | 42.2% |
| 23-12 | 2023-12-31 | 28.6% |
| 24-03 | 2024-03-31 | 45.1% |
| 24-06 | 2024-06-30 | 38.9% |
| 24-09 | 2024-09-30 | 43.2% |
| 24-12 | 2024-12-31 | -409.7% |
| 25-03 | 2025-03-31 | -27.0% |
| 25-06 | 2025-06-30 | 44.0% |
| 25-09 | 2025-09-30 | 45.7% |
| 25-12 | 2025-12-31 | 43.4% |
| 26-03 | 2026-03-31 | 32.0% |
| 26-06 | 2026-06-30 | 26.3% |
Grade history
Point-in-time: each period shows the grade of the quarter it ends at — grades are never summed or averaged across a window.
Hover to read every grade at a period · shared with the trends chart · axis fixed 0–100
| Period | Period end | Growth | Returns | Safety |
|---|---|---|---|---|
| 08-06 | 2008-06-30 | not scored | not scored | not scored |
| 09-03 | 2009-03-31 | not scored | not scored | not scored |
| 09-06 | 2009-06-30 | not scored | not scored | not scored |
| 09-09 | 2009-09-30 | not scored | not scored | not scored |
| 09-12 | 2009-12-31 | not scored | not scored | not scored |
| 10-03 | 2010-03-31 | not scored | not scored | not scored |
| 10-06 | 2010-06-30 | not scored | not scored | not scored |
| 10-09 | 2010-09-30 | not scored | not scored | not scored |
| 10-12 | 2010-12-31 | not scored | not scored | not scored |
| 11-03 | 2011-03-31 | not scored | not scored | not scored |
| 11-06 | 2011-06-30 | not scored | not scored | not scored |
| 11-09 | 2011-09-30 | not scored | not scored | not scored |
| 11-12 | 2011-12-31 | not scored | not scored | not scored |
| 12-03 | 2012-03-31 | not scored | not scored | not scored |
| 12-06 | 2012-06-30 | not scored | not scored | not scored |
| 12-09 | 2012-09-30 | not scored | not scored | not scored |
| 12-12 | 2012-12-31 | not scored | not scored | not scored |
| 13-03 | 2013-03-31 | not scored | not scored | not scored |
| 13-06 | 2013-06-30 | not scored | not scored | not scored |
| 13-09 | 2013-09-30 | not scored | not scored | not scored |
| 13-12 | 2013-12-31 | not scored | not scored | not scored |
| 14-03 | 2014-03-31 | not scored | not scored | not scored |
| 14-06 | 2014-06-30 | not scored | not scored | not scored |
| 14-09 | 2014-09-30 | not scored | not scored | not scored |
| 14-12 | 2014-12-31 | not scored | not scored | not scored |
| 15-03 | 2015-03-31 | not scored | not scored | not scored |
| 15-06 | 2015-06-30 | not scored | not scored | not scored |
| 15-09 | 2015-09-30 | not scored | not scored | not scored |
| 15-12 | 2015-12-31 | not scored | not scored | not scored |
| 16-03 | 2016-03-31 | not scored | not scored | not scored |
| 16-06 | 2016-06-30 | not scored | not scored | not scored |
| 16-09 | 2016-09-30 | not scored | not scored | not scored |
| 16-12 | 2016-12-31 | not scored | not scored | not scored |
| 17-03 | 2017-03-31 | not scored | not scored | not scored |
| 17-06 | 2017-06-30 | not scored | not scored | not scored |
| 17-09 | 2017-09-30 | not scored | not scored | not scored |
| 17-12 | 2017-12-31 | not scored | not scored | not scored |
| 18-03 | 2018-03-31 | not scored | not scored | not scored |
| 18-06 | 2018-06-30 | not scored | not scored | not scored |
| 18-09 | 2018-09-30 | not scored | not scored | not scored |
| 18-12 | 2018-12-31 | not scored | not scored | not scored |
| 19-03 | 2019-03-31 | not scored | not scored | not scored |
| 19-06 | 2019-06-30 | not scored | not scored | not scored |
| 19-09 | 2019-09-30 | not scored | not scored | not scored |
| 19-12 | 2019-12-31 | not scored | not scored | not scored |
| 20-03 | 2020-03-31 | not scored | not scored | not scored |
| 20-06 | 2020-06-30 | not scored | not scored | not scored |
| 20-09 | 2020-09-30 | not scored | not scored | not scored |
| 20-12 | 2020-12-31 | not scored | not scored | not scored |
| 21-03 | 2021-03-31 | not scored | not scored | not scored |
| 21-06 | 2021-06-30 | not scored | not scored | not scored |
| 21-09 | 2021-09-30 | not scored | not scored | not scored |
| 21-12 | 2021-12-31 | not scored | not scored | not scored |
| 22-03 | 2022-03-31 | not scored | not scored | not scored |
| 22-06 | 2022-06-30 | not scored | not scored | not scored |
| 22-09 | 2022-09-30 | not scored | not scored | not scored |
| 22-12 | 2022-12-31 | not scored | not scored | not scored |
| 23-03 | 2023-03-31 | not scored | not scored | not scored |
| 23-06 | 2023-06-30 | not scored | not scored | not scored |
| 23-09 | 2023-09-30 | 19 | 42 | 17 |
| 23-12 | 2023-12-31 | 2 | 46 | 12 |
| 24-03 | 2024-03-31 | 4 | 46 | 26 |
| 24-06 | 2024-06-30 | 4 | 42 | 20 |
| 24-09 | 2024-09-30 | 10 | 46 | 31 |
| 24-12 | 2024-12-31 | 50 | 2 | 19 |
| 25-03 | 2025-03-31 | 2 | 2 | 10 |
| 25-06 | 2025-06-30 | 26 | 2 | 10 |
| 25-09 | 2025-09-30 | 20 | 2 | 18 |
| 25-12 | 2025-12-31 | 47 | 18 | 9 |
| 26-03 | 2026-03-31 | 53 | 34 | 8 |
| 26-06 | 2026-06-30 | 4 | 30 | 9 |