OverviewSuggest Edit

Crown Castle is a provider of shared communications infrastructure. The company owns, operates, and leases shared wireless infrastructure including towers and structures such as rooftops and fiber primarily supporting small cell networks. Its core business is providing access to a shared wireless infrastructure via long-term contracts in various forms, including license, sublease, and lease agreements.

TypePublic
Founded1994
HQHouston, TX, US
Websitecrowncastle.com
Employee Ratings3.5
Overall CultureB

Latest Updates

Employees (est.) (Jan 2020)5,100(+2%)
Job Openings401
Revenue (FY, 2020)$5.8 B(+2%)
Share Price (Jul 2021)$193.4
Cybersecurity ratingFMore

Key People/Management at Crown Castle

Jay A. Brown

Jay A. Brown

President and Chief Executive Officer
Robert C. Ackerman

Robert C. Ackerman

Executive Vice President and Chief Operating Officer—Towers
James D. Young

James D. Young

Executive Vice President and Chief Operating Officer—Network
Chris Levendos

Chris Levendos

Executive Vice President and Chief Operating Officer – Fiber
Daniel K. Schlanger

Daniel K. Schlanger

Executive Vice President and Chief Financial Officer
Phil Kelley

Phil Kelley

Executive Vice President, Corporate Development and Strategy
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Crown Castle Office Locations

Crown Castle has offices in Houston, Alpharetta, Apple Creek, Austin and in 43 other locations
Houston, TX, US (HQ)
1220 Augusta Dr #600
Alpharetta, GA, US
8000 Avalon Blvd
Apple Creek, OH, US
15415 Salt Creek Rd
Austin, TX, US
1701 Directors Blvd #700
Baltimore, MD, US
111 Market Pl #123
Boca Raton, FL, US
6420 Congress Ave #2000
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Crown Castle Financials and Metrics

Crown Castle Revenue

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Crown Castle's revenue was reported to be $5.84 b in FY, 2020
USD

Revenue (FY, 2020)

5.8b

Gross profit (FY, 2020)

5.4b

Gross profit margin (FY, 2020), %

92.3%

Net income (FY, 2020)

1.1b

EBIT (FY, 2020)

1.9b

Market capitalization (23-Jul-2021)

83.6b

Closing stock price (23-Jul-2021)

193.4

Cash (31-Dec-2020)

232.0m

EV

109.0b
Crown Castle's current market capitalization is $83.6 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

4.4b5.4b5.8b5.8b

Revenue growth, %

25%6%

Cost of goods sold

1.6b1.8b1.4b448.0m

Gross profit

2.8b3.6b4.4b5.4b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

1.3b1.3b1.4b1.4b1.5b1.5b1.4b1.4b1.5b

Cost of goods sold

433.0m454.0m474.0m486.0m503.0m516.0m474.0m486.0m117.0m

Gross profit

866.0m876.0m901.0m940.0m975.0m998.0m947.0m954.0m1.4b

Gross profit Margin, %

67%66%66%66%66%66%67%66%92%
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

314.1m277.0m196.0m232.0m

Accounts Receivable

397.6m501.0m596.0m431.0m

Prepaid Expenses

162.4m172.0m107.0m95.0m

Current Assets

1.1b1.2b1.2b1.1b
Quarterly
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

444.6m671.0m860.0m1.1b

Depreciation and Amortization

1.2b1.5b1.6b1.6b

Accounts Payable

(34.1m)37.0m19.0m(77.0m)

Cash From Operating Activities

2.0b2.5b2.7b3.1b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

114.0m294.0m458.0m210.0m456.0m729.0m185.0m386.0m

Depreciation and Amortization

374.0m753.0m1.1b394.0m787.0m1.2b399.0m801.0m

Accounts Payable

(5.0m)3.0m31.0m(5.0m)6.0m37.0m(20.0m)(41.0m)

Cash From Operating Activities

452.0m1.1b1.8b512.0m1.2b1.9b653.0m1.4b
USDFY, 2017

Revenue/Employee

1.4m

Debt/Equity

1.3 x

Debt/Assets

0.5 x

Financial Leverage

2.6 x
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Crown Castle Operating Metrics

FY, 2014FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020

Fiber Miles

16 k16.5 k17 k17 k26.5 k27.5 k29 k32 k60 k60 k60 k65 k65 k70 k75 k75 k80 k80 k80 k

Towers

41.8 k40 k40 k40 k40 k40 k40 k40 k40 k40 k40 k40 k40 k40 k40 k40 k40 k40 k40 k40 k
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Crown Castle Acquisitions / Subsidiaries

Company NameDateDeal Size
Lightower Fiber NetworksJuly 18, 2017$7.1 b
WilconApril 17, 2017$600 m
Tower DevelopmentApril 08, 2016$461 m
Sunesys LLCApril 30, 2015
TriStar InvestorsDecember 01, 2014
NextG NetworksDecember 16, 2011$1 b
NewPath NetworksJuly 26, 2010
Global SignalJanuary 12, 2007
GoldenState Towers LLCSeptember 09, 2004
CCATT Holdings LLC
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Crown Castle Revenue Breakdown

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Crown Castle revenue breakdown by business segment: 70.1% from Towers and 29.9% from Fiber

Crown Castle Cybersecurity Score

Cybersecurity ratingPremium dataset

F

48/100

SecurityScorecard logo

Crown Castle Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Crown Castle Online and Social Media Presence

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Crown Castle Company Culture

  • Overall Culture

    B

    70/100

  • CEO Rating

    F

    53/100

  • Compensation

    B

    73/100

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Crown Castle News and Updates

Crown Castle Reports Second Quarter 2021 Results and Raises Outlook for Full Year 2021

HOUSTON, July 21, 2021 (GLOBE NEWSWIRE) -- Crown Castle International Corp. (NYSE: CCI) ("Crown Castle") today reported results for the second quarter ended June 30, 2021 and increased its full year 2021 Outlook.

Crown Castle Extends Maturity of Existing Credit Facility and Incorporates Sustainability Targets

HOUSTON, June 18, 2021 (GLOBE NEWSWIRE) -- Crown Castle International Corp. (NYSE: CCI) ("Crown Castle") announced today that it has amended its Senior Unsecured Credit Facility ("Credit Facility"), consisting of a $5.0 billion Senior Unsecured Revolving Credit Facility and a $1.2 billion Senior U…

Crown Castle to Present at Nareit’s REITweek: 2021 Virtual Investor Conference

HOUSTON, May 28, 2021 (GLOBE NEWSWIRE) -- Crown Castle International Corp. (NYSE: CCI) ("Crown Castle") announced today that Dan Schlanger, Crown Castle’s Executive Vice President and Chief Financial Officer, is scheduled to present on Wednesday, June 9, 2021 at 11:00 a.m. Eastern Time at Nareit’s…

Verizon signs deals with Crown Castle and SBA Communications

Agreements will speed deployment of 5G Ultra Wideband on C-band spectrum Agreements will speed deployment of 5G Ultra Wideband on C-band spectrum

Crown Castle Announces First Quarter 2021 Earnings Conference Call Details

HOUSTON, April 07, 2021 (GLOBE NEWSWIRE) -- Crown Castle International Corp. (NYSE: CCI) ("Crown Castle") plans to release its first quarter 2021 results on Wednesday, April 21, 2021, after the market closes. In conjunction with the release, Crown Castle has scheduled a conference call for Thursda…

Crown Castle to Present at March Investor Conferences

HOUSTON, Feb. 19, 2021 (GLOBE NEWSWIRE) -- Crown Castle International Corp. (NYSE: CCI) ("Crown Castle") announced today that Dan Schlanger, Crown Castle’s Executive Vice President and Chief Financial Officer is scheduled to present at the following three conferences:
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Crown Castle Frequently Asked Questions

  • When was Crown Castle founded?

    Crown Castle was founded in 1994.

  • Who are Crown Castle key executives?

    Crown Castle's key executives are Jay A. Brown, Robert C. Ackerman and James D. Young.

  • How many employees does Crown Castle have?

    Crown Castle has 5,100 employees.

  • What is Crown Castle revenue?

    Latest Crown Castle annual revenue is $5.8 b.

  • What is Crown Castle revenue per employee?

    Latest Crown Castle revenue per employee is $1.1 m.

  • Who are Crown Castle competitors?

    Competitors of Crown Castle include JMA Wireless, MasTec and Mobilitie.

  • Where is Crown Castle headquarters?

    Crown Castle headquarters is located at 1220 Augusta Dr #600, Houston.

  • Where are Crown Castle offices?

    Crown Castle has offices in Houston, Alpharetta, Apple Creek, Austin and in 43 other locations.

  • How many offices does Crown Castle have?

    Crown Castle has 48 offices.