Crown Castle Past Earnings Performance
Past criteria checks 2/6
Crown Castle has been growing earnings at an average annual rate of 23.3%, while the Specialized REITs industry saw earnings growing at 19.4% annually. Revenues have been growing at an average rate of 6% per year. Crown Castle's return on equity is 23.5%, and it has net margins of 21.5%.
Key information
23.3%
Earnings growth rate
22.3%
EPS growth rate
| Specialized REITs Industry Growth | 18.0% |
| Revenue growth rate | 6.0% |
| Return on equity | 23.5% |
| Net Margin | 21.5% |
| Next Earnings Update | 17 Apr 2024 |
Recent past performance updates
Recent updates
Crown Castle Q1 Earnings Preview: Patience Is The Key
Apr 15Crown Castle Presents A Buying Opportunity With A 6.18% Dividend Yield
Apr 08Crown Castle: Shares Should Comfortably Outperform Moving Forward
Mar 22Crown Castle Is A Buy As Activist's Campaign 'Restores' Confidence
Feb 16Crown Castle: Price Drop Presents Buying Opportunity Before Earnings
Jan 22Crown Castle: Is This 5.5%-Yielding REIT A Buy Now?
Jan 12Crown Castle: Buy The Market Bottom
Dec 12Crown Castle: An Activist Steps In To Reveal Significant Value
Nov 28Crown Castle's Slowing Growth And Rising Debt Are Problematic (Ratings Downgrade)
Nov 10Crown Castle: I'm Stocking Up At These Prices
Oct 24Why You Should Look At Crown Castle Stock
Oct 05Crown Castle: Short-Term Headwinds Create A Long-Term Opportunity
Sep 21Crown Castle: 6.3% Dividend Yield And Undervalued
Sep 05Crown Castle: Buy The Dip And Start The DRIP
Aug 11Crown Castle: The Market Is Still Not Getting This Right, Buy The Dip
Jul 20Crown Castle: Dividend Underpinned By Strong Fundamentals And Secular Growth
Jun 29Crown Castle: I'm Betting On Towers
May 29A Margin Of Safety For Crown Castle
May 23Crown Castle: Excellent Opportunity To Buy This Moat-Worthy REIT
Feb 15Crown Castle priced $1.0B of senior notes
Jan 09Why Crown Castle Is One Of Our Best Ideas
Dec 09With EPS Growth And More, Crown Castle (NYSE:CCI) Makes An Interesting Case
Nov 22
Crown Castle Is Unlikely To Grow Due To High Leverage And Waning Demand
Nov 08Crown Castle Q3 2022 Earnings Preview
Oct 18Crown Castle's Growth Prospects Outweigh Inflation Risks
Oct 06Crown Castle declares $1.47 dividend
Jul 25Is Now The Time To Put Crown Castle International (NYSE:CCI) On Your Watchlist?
Jul 24Revenue & Expenses BreakdownBeta
How Crown Castle makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 6,981 | 1,502 | 759 | 0 |
| 30 Sep 23 | 7,071 | 1,553 | 773 | 0 |
| 30 Jun 23 | 7,150 | 1,707 | 784 | 0 |
| 31 Mar 23 | 7,017 | 1,672 | 764 | 0 |
| 31 Dec 22 | 6,986 | 1,675 | 750 | 0 |
| 30 Sep 22 | 6,876 | 1,614 | 738 | 0 |
| 30 Jun 22 | 6,748 | 1,545 | 718 | 0 |
| 31 Mar 22 | 6,597 | 1,458 | 697 | 0 |
| 31 Dec 21 | 6,340 | 1,158 | 680 | 0 |
| 30 Sep 21 | 6,179 | 1,313 | 685 | 0 |
| 30 Jun 21 | 6,047 | 1,125 | 672 | 0 |
| 31 Mar 21 | 5,904 | 963 | 667 | 0 |
| 31 Dec 20 | 5,840 | 999 | 678 | 0 |
| 30 Sep 20 | 5,773 | 671 | 650 | 0 |
| 30 Jun 20 | 5,769 | 724 | 646 | 0 |
| 31 Mar 20 | 5,776 | 739 | 637 | 0 |
| 31 Dec 19 | 5,763 | 747 | 614 | 0 |
| 30 Sep 19 | 5,703 | 703 | 602 | 0 |
| 30 Jun 19 | 5,595 | 624 | 597 | 0 |
| 31 Mar 19 | 5,479 | 588 | 581 | 0 |
| 31 Dec 18 | 5,370 | 509 | 563 | 0 |
| 30 Sep 18 | 5,242 | 444 | 544 | 0 |
| 30 Jun 18 | 4,932 | 393 | 500 | 0 |
| 31 Mar 18 | 4,639 | 354 | 459 | 0 |
| 31 Dec 17 | 4,255 | 308 | 426 | 0 |
| 30 Sep 17 | 4,150 | 441 | 392 | 0 |
| 30 Jun 17 | 4,078 | 443 | 381 | 0 |
| 31 Mar 17 | 4,003 | 406 | 374 | 0 |
| 31 Dec 16 | 3,921 | 324 | 371 | 0 |
| 30 Sep 16 | 3,835 | 331 | 366 | 0 |
| 30 Jun 16 | 3,761 | 337 | 353 | 0 |
| 31 Mar 16 | 3,698 | 416 | 334 | 0 |
| 31 Dec 15 | 3,664 | 478 | 311 | 0 |
| 30 Sep 15 | 3,644 | 459 | 294 | 0 |
| 30 Jun 15 | 3,619 | 453 | 283 | 0 |
| 31 Mar 15 | 3,597 | 312 | 273 | 0 |
| 31 Dec 14 | 3,539 | 294 | 257 | 0 |
| 30 Sep 14 | 3,411 | 146 | 254 | 0 |
| 30 Jun 14 | 3,267 | 105 | 248 | 0 |
| 31 Mar 14 | 3,124 | 144 | 239 | 0 |
| 31 Dec 13 | 2,866 | 45 | 214 | 0 |
| 30 Sep 13 | 2,898 | 94 | 230 | 0 |
| 30 Jun 13 | 2,770 | 90 | 228 | 0 |
Quality Earnings: CCI has high quality earnings.
Growing Profit Margin: CCI's current net profit margins (21.5%) are lower than last year (24%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CCI's earnings have grown significantly by 23.3% per year over the past 5 years.
Accelerating Growth: CCI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CCI had negative earnings growth (-10.3%) over the past year, making it difficult to compare to the Specialized REITs industry average (10.1%).
Return on Equity
High ROE: Whilst CCI's Return on Equity (23.54%) is high, this metric is skewed due to their high level of debt.