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. The company caters to the telecommunication sector.
TypePublic
Founded1994
HQHouston, TX, US
Websitecrowncastle.com
Employee Ratings3.8
Overall CultureC

Latest Updates

Employees (est.) (Jan 2022)5,000(+3%)
Job Openings1,040
Revenue (FY, 2021)$6.3 B(+9%)
Share Price (May 2022)$191.6(+4%)
Cybersecurity ratingFMore
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Key People/Management at Crown Castle

Jay A. Brown

Jay A. Brown

President and Chief Executive Officer
P. Robert Bartolo

P. Robert Bartolo

Director
Robert C. Ackerman

Robert C. Ackerman

Senior Vice President and Chief Operating Officer—Towers and Small Cells
Aura Greenberg

Aura Greenberg

Senior Vice President, Data & Digital
Cindy Christy

Cindy Christy

Director
Daniel K. Schlanger

Daniel K. Schlanger

Executive Vice President and Chief Financial Officer
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Crown Castle Office Locations

Crown Castle has offices in Houston, Albany, Alpharetta, Apex and in 85 other locations
Houston, TX, US (HQ)
1220 Augusta Dr #600
Albany, NY, US
80 State St
Alpharetta, GA, US
8000 Avalon Blvd
Apex, NC, US
2600 Schieffelin Rd
Ashland, VA, US
10976 Richardson Rd
Auburn, MA, US
3 B St #3c
Show all (110)

Crown Castle Financials and Metrics

Crown Castle Revenue

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Crown Castle's revenue was reported to be $6.34 b in FY, 2021 which is a 8.6% increase from the previous period.
USD

Revenue (Q1, 2022)

1.7b

Gross profit (Q1, 2022)

1.2b

Gross profit margin (Q1, 2022), %

70.8%

Net income (Q1, 2022)

421.0m

EBIT (Q1, 2022)

618.0m

Market capitalization (24-May-2022)

78.7b

Closing stock price (24-May-2022)

191.6

Cash (31-Mar-2022)

312.0m

EV

106.0b
Crown Castle's current market capitalization is $78.7 b.
Annual
USDFY, 2019FY, 2020FY, 2021

Revenue

5.8b5.8b6.3b

Revenue growth, %

6%1%9%

Cost of goods sold

2.0b2.0b2.0b

Gross profit

3.8b3.9b4.3b
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Revenue

1.4b1.4b1.5b1.5b1.6b1.6b1.7b

Cost of goods sold

474.0m486.0m487.0m462.0m494.0m512.0m509.0m

Gross profit

947.0m954.0m999.0m1.0b1.1b1.1b1.2b

Gross profit Margin, %

67%66%92%69%69%68%71%
Annual
USDFY, 2019FY, 2020FY, 2021

Cash

196.0m232.0m292.0m

Accounts Receivable

596.0m431.0m543.0m

Prepaid Expenses

107.0m95.0m105.0m

Current Assets

1.2b1.1b1.3b
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Cash

310.0m2.5b242.0m254.0m339.0m357.0m312.0m

Accounts Receivable

495.0m439.0m455.0m412.0m434.0m493.0m503.0m

Prepaid Expenses

107.0m137.0m112.0m115.0m148.0m120.0m119.0m

Current Assets

1.2b3.4b1.2b1.2b1.3b1.3b1.3b
Annual
USDFY, 2019FY, 2020FY, 2021

Net Income

860.0m1.1b1.2b

Depreciation and Amortization

1.6b1.6b1.6b

Accounts Payable

19.0m(77.0m)15.0m

Cash From Operating Activities

2.7b3.1b2.8b
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Net Income

185.0m386.0m548.0m121.0m455.0m805.0m421.0m

Depreciation and Amortization

399.0m801.0m1.2b408.0m816.0m1.2b420.0m

Accounts Payable

(20.0m)(41.0m)(41.0m)(23.0m)7.0m16.0m(13.0m)

Cash From Operating Activities

653.0m1.4b2.1b584.0m1.4b2.1b558.0m
USDFY, 2019

EV/EBIT

52.9 x

EV/CFO

30.6 x

EV/FCF

128.7 x

Revenue/Employee

1.2m

Debt/Equity

2.3 x

Debt/Assets

0.6 x

Financial Leverage

3.7 x

P/E Ratio

79.4
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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
Fibernet DirectNovember 01, 2016$1.5 b
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
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Crown Castle Revenue Breakdown

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Crown Castle revenue breakdown by business segment: 30.5% from Fiber and 69.5% from Towers

Crown Castle Cybersecurity Score

Cybersecurity ratingPremium dataset

F

55/100

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

    C

    66/100

  • CEO Rating

    F

    46/100

  • Compensation

    B+

    77/100

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Crown Castle News and Updates

Crown Castle to Present at the J.P. Morgan 50th Annual Global Technology, Media and Communications Conference

HOUSTON, May 12, 2022 (GLOBE NEWSWIRE) -- Crown Castle International Corp. (NYSE: CCI) ("Crown Castle") announced today that Dan Schlanger, Crown Castle’s Chief Financial Officer, is scheduled to present on Monday, May 23, 2022 at 9:20 a.m. Eastern Time at the J.P. Morgan 50th Annual Global Techno…

Crown Castle Announces First Quarter 2022 Earnings Conference Call Details

Crown Castle International Corp. (NYSE: CCI) ("Crown Castle") plans to release its first quarter 2022 results on Wednesday, April 20, 2022, after the market closes. In conjunction with the release, Crown Castle has scheduled a conference call for Thursday, April 21, 2022, at 10:30 a.m. eastern time…

Community Leaders Should Get Behind Mayor’s Plan to Bridge San Diego’s Digital Divide

Crown Castle recently partnered with RISE San Diego (CA), a nonprofit dedicated to bettering underprivileged communities, through its Connected By Good program. RISE and Crown Castle are working together to help future elected leaders learn about ways to expand internet access for communities across…

Wilton keeps Town Meeting, approves community power

At Wilton’s (NH) 260th Town Meeting, residents discussed issues in their community and expressed support for $100,000 to be used to install updated communications equipment on an existing Crown Castle cell tower. The communications equipment will increase the amount of area in town where reception i…

Crown Castle Announces Proposed Offering of Senior Notes

Crown Castle International Corp. (NYSE: CCI) (“Crown Castle”) announced today that it is commencing a public offering of senior notes, subject to market and other conditions. The notes will be issued by Crown Castle. Crown Castle intends to use the net proceeds from this offering to repay a portion …

Crown Castle to Present at the Morgan Stanley 2022 Technology, Media & Telecom Conference

Crown Castle International Corp. (NYSE: CCI) ("Crown Castle") announced today that Dan Schlanger, Crown Castle’s Chief Financial Officer, is scheduled to present on Tuesday, March 8, 2022 at 6:35 p.m. Eastern Time at the Morgan Stanley 2022 Technology, Media & Telecom Conference. Mr. Schlanger’s…
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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, P. Robert Bartolo and Robert C. Ackerman.

  • How many employees does Crown Castle have?

    Crown Castle has 5,000 employees.

  • What is Crown Castle revenue?

    Latest Crown Castle annual revenue is $6.3 b.

  • What is Crown Castle revenue per employee?

    Latest Crown Castle revenue per employee is $1.3 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, Albany, Alpharetta, Apex and in 85 other locations.

  • How many offices does Crown Castle have?

    Crown Castle has 110 offices.