Crown Castle owns and operates communications infrastructure across the United States, principally towers, small cells and fibre. It leases space and capacity on these assets to tenants that attach their own equipment, and it also provides site development services on its towers, having discontinued installation services as a tower offering in 2023.
Its main customers are wireless carriers, including AT&T and T-Mobile, which deploy antennas and related equipment to deliver mobile coverage and data. Income comes mainly from long-term site rental contracts under which tenants pay to use its towers, small cells and fibre, together with fees from its services activity. The company is structured as a real estate investment trust.
The business is organised into Towers and Fiber segments. As of 31 December 2025, roughly 55% of its towers were leased, subleased or operated and managed under master arrangements with AT&T and T-Mobile, carrying options to buy the towers at the end of their terms. Crown Castle has agreed to sell its Fiber Business, with Zayo taking the fibre solutions business and EQT the small cell business.
Based on Crown Castle's 10-K filed February 23, 2026.
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~$67
Funds-from-operations model
Base case. Range ~$57–$83. Funds from operations growing 2.5% a year, discounted at 8%.
No Buy/Hold/Sell rating is issued: only 1 valuation models apply; a rating needs 3.
Crown Castle valuation: adjust assumptions and compare models →
What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.
Revenue for the twelve months to June 2026 was $4.16bn, down 4.6% on a year earlier, about the same pace as a quarter earlier. That puts it 898 of 931 for growth among all the companies we cover. Our valuation models combined value is $59.47 a share, against a share price of $82.21.
Source: 10-Q filed August 5, 2026 on SEC EDGAR · Financials · Valuation
Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.
Crown Castle's trailing-twelve-month revenue fell 4.6% year on year, with a free-cash-flow margin of 57.8%. Where it stands out: operating margin of 47.7% ranks 21 of 103 real estate companies we cover. Where it lags: long-term debt as % of assets of 74.3% ranks 117 of 129 real estate companies we cover.
Current signal Gross margin expanding: TTM gross margin reached 97.5%, up 38.9pp year over year.
Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.
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Company announcements, filed results and changes that matter to shareholders.
Crown Castle’s 8-K reported third-quarter results and a higher full-year outlook. The filing gives investors company-confirmed news to assess alongside a large, high-volume move.
The company also guided to site rental revenues of $3,853.00m to $3,898.00m for the Full Year 2026; site rental costs of operations of $963.00m to $1,008.00m for the Full Year 2026.
We value Crown Castle as an equity reit, with every model that fits that kind of business. Cost of equity 7.4%: the 10-year Treasury yield (4.9%) plus a beta of 0.56 times a 4.5% equity risk premium.
| Model | Value per share | In the combined value? |
|---|---|---|
| Funds-from-operations model Funds from operations growing 2.5% a year, discounted at 8%. | ~$67 ~$57–$83 | Primary model, counts double |
| Price-to-FFO vs peers Funds from operations per share times peers' typical (harmonic-mean) price-to-FFO. | ~$1.3 ~$31–$63 | Left out: out of range vs price (0.01x) |
| Dividend discount (growing dividend) Today's dividend growing 2.5% a year, discounted at the cost of equity. | — | Does not apply: pays no regular dividend |
| Combined value Weighted average of the models that apply: the primary model (funds-from-operations model) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. | ~$67 ~$57–$83 | 1 model |
Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Crown Castle with equity REITs in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.
Strong moat
How hard Crown Castle's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.
Cash operating profit has been a median 11.4% of total assets over 9 years.
Gross margin has been a median 72.0%, moving by 16.7 percentage points (standard deviation) across 9 years.
Operating margin has been a median 33.9%; its worst year was 24.4%.
Free cash flow was positive in 9 of 10 years, at a median 26.3% of revenue.
The diluted share count rose 0.9% over five years; stock-based pay has been a median 2.1% of revenue.
AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.
| Fiscal year | EPS | Growth | Revenue | Growth |
|---|---|---|---|---|
| Current | $2.50 | −1% | $4.0bn | −6% |
| Next | $2.93 | +17% | $4.1bn | +2% |
Next year's EPS estimate has moved +0.8% in 90 days, across 9 analysts.
The consensus EPS forecast for the current fiscal year is +9.3% on 90 days ago. In the last 30 days, 1 analyst raised Crown Castle's forecast and 0 cut it.
Average of analysts' published estimates (third-party data).
| Period | Current fiscal year | Next fiscal year |
|---|---|---|
| 90 days ago | $2.29 | $2.91 |
| 60 days ago | $2.48 | $2.89 |
| 30 days ago | $2.48 | $2.89 |
| 7 days ago | $2.48 | $2.90 |
| Now | $2.50 | $2.93 |
| Quarter to | Estimate | Actual | Surprise |
|---|---|---|---|
| Sept 2026 | $0.69 | $0.67 | −2.3% |
| Jun 2026 | $0.51 | $0.69 | +36.1% |
| Mar 2026 | $0.47 | $0.50 | +6.2% |
| Dec 2025 | $0.58 | $0.63 | +8.8% |
Adjusted EPS as companies report it, against the average analyst estimate.
Last 12 months +1.4%
| Part | Then | Now | Effect |
|---|---|---|---|
| Revenue (last 12 months) | $4.4bn | $4.2bn | −4.6% |
| P/S multiple | 8.6x | 9.1x | +6.7% |
| Share count | 435m | 437m | −0.4% |
Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.
Last 3 years +3.9%
| Part | Then | Now | Effect |
|---|---|---|---|
| Revenue (last 12 months) | $7.2bn | $4.2bn | −41.8% |
| Net margin | 23.9% | 20.7% | −13.2% |
| P/E multiple | 21.3x | 44.1x | +106.9% |
| Share count | 434m | 437m | −0.6% |
Biggest factor: p/e multiple.
| Calendar year | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 to date |
|---|---|---|---|---|---|---|
| Return | ||||||
| CCI | +35% | −33% | −10% | −16% | +3% | +2% |
| Industry peers (median) | — | — | — | — | — | — |
| S&P 500 | +29% | −18% | +26% | +25% | +18% | +11% |
| Months that ended higher | ||||||
| CCI | 75% | 42% | 42% | 42% | 50% | 46% |
| S&P 500 | 75% | 42% | 67% | 75% | 75% | 46% |
| Largest fall from a high during the year | ||||||
| CCI | −17% | −40% | −41% | −24% | −23% | −28% |
| S&P 500 | −5% | −25% | −10% | −8% | −19% | −9% |
Worst fall since November 2, 2015: 60% from December 31, 2021 to October 1, 2026. Getting back needed a 148% gain, and the shares have not yet recovered.
| Results released | Next day | S&P 500 next day | 5 days | 21 days |
|---|---|---|---|---|
| October 21, 2026 | −2.8% | −0.7% | +8.1% | — |
| July 22, 2026 | −2.1% | −1.3% | +3.8% | −1.1% |
| May 1, 2026 | +1.6% | −0.1% | +2.0% | +1.3% |
| April 22, 2026 | +3.1% | +0.6% | +1.1% | +8.4% |
| February 4, 2026 | −7.2% | −1.7% | +2.0% | +7.1% |
| January 12, 2026 | +3.8% | 0.0% | +3.8% | +2.9% |
| October 22, 2025 | −0.4% | +0.1% | −6.4% | −8.6% |
| July 23, 2025 | +3.3% | +0.9% | −3.0% | −6.8% |
| April 30, 2025 | +2.5% | +0.7% | +1.0% | −3.2% |
| March 13, 2025 | +10.1% | +0.7% | +11.6% | +3.1% |
| October 16, 2024 | −2.2% | +0.4% | −3.2% | −10.0% |
| July 17, 2024 | +1.1% | −2.2% | +1.5% | +5.1% |
Source: SEC EDGAR filings. Retrieved October 20, 2026.
| Period | Revenue (TTM) |
|---|---|
| FY23 Q3 | $7.1B |
| FY23 Q4 | $4.7B |
| FY24 Q1 | $4.1B |
| FY24 Q2 | $3.3B |
| FY24 Q3 | $2.8B |
| FY24 Q4 | $4.5B |
| FY25 Q1 | $4.4B |
| FY25 Q2 | $4.4B |
| FY25 Q3 | $4.3B |
| FY25 Q4 | $4.3B |
| FY26 Q1 | $4.2B |
| FY26 Q2 | $4.2B |
Source: SEC EDGAR filings. Retrieved October 20, 2026.
| Period | Revenue growth, TTM YoY |
|---|---|
| FY23 Q3 | 2.8% |
| FY23 Q4 | -32.2% |
| FY24 Q1 | -41.9% |
| FY24 Q2 | -53.6% |
| FY24 Q3 | -60.9% |
| FY24 Q4 | -5.8% |
| FY25 Q1 | 8.1% |
| FY25 Q2 | 31.5% |
| FY25 Q3 | 55.8% |
| FY25 Q4 | -4.4% |
| FY26 Q1 | -4.4% |
| FY26 Q2 | -4.6% |
Source: SEC EDGAR filings. Retrieved October 20, 2026.
| Period | Operating margin (TTM) |
|---|---|
| FY23 Q3 | 33.8% |
| FY23 Q4 | 44.3% |
| FY24 Q1 | 48.8% |
| FY24 Q2 | 54.8% |
| FY24 Q3 | 67.3% |
| FY24 Q4 | 47.5% |
| FY25 Q1 | 48.1% |
| FY25 Q2 | 48.8% |
| FY25 Q3 | 49.2% |
| FY25 Q4 | 48.7% |
| FY26 Q1 | 47.9% |
| FY26 Q2 | 47.7% |
Source: SEC EDGAR filings. Retrieved October 20, 2026.
| Period | FCF margin (TTM) |
|---|---|
| FY23 Q3 | 23.2% |
| FY23 Q4 | 60.9% |
| FY24 Q1 | 77.8% |
| FY24 Q2 | 95.3% |
| FY24 Q3 | 131.3% |
| FY24 Q4 | 62.0% |
| FY25 Q1 | 63.9% |
| FY25 Q2 | 66.0% |
| FY25 Q3 | 67.0% |
| FY25 Q4 | 67.4% |
| FY26 Q1 | 64.7% |
| FY26 Q2 | 57.8% |
| Fiscal year | 2009 Dec 2009 | 2010 Dec 2010 | 2011 Dec 2011 | 2012 Dec 2012 | 2013 Dec 2013 | 2014 Dec 2014 | 2015 Dec 2015 | 2016 Dec 2016 | 2017 Dec 2017 | 2018 Dec 2018 | 2019 Dec 2019 | 2020 Dec 2020 | 2021 Dec 2021 | 2022 Dec 2022 | 2023 Dec 2023 | 2024 Dec 2024 | 2025 Dec 2025 | LTM Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income | ||||||||||||||||||
| Revenue | 1.7 | 1.9 | 2.0 | 2.4 | 2.9 | 3.5 | 3.7 | 3.9 | 4.3 | 5.4 | 5.8 | 5.8 | 6.3 | 7.0 | 4.7 | 4.5 | 4.3 | 4.2 |
| Gross profit | — | — | — | — | — | — | — | 3.5 | 3.9 | 4.9 | 5.2 | 3.9 | 4.4 | 5.0 | 2.8 | 2.7 | 4.2 | 4.1 |
| EBITDA | 1.0 | 1.1 | 1.2 | 1.5 | 1.6 | 1.9 | 2.0 | 2.1 | 2.2 | 2.9 | 3.1 | 3.5 | 3.6 | 4.1 | 2.9 | 2.9 | 2.8 | 2.7 |
| Operating income | 0.4 | 0.6 | 0.7 | 0.8 | 0.9 | 0.9 | 0.9 | 0.9 | 1.0 | 1.4 | 1.6 | 1.9 | 2.0 | 2.4 | 2.1 | 2.1 | 2.1 | 2.0 |
| Net income | −0.1 | −0.3 | 0.2 | 0.2 | 0.1 | 0.4 | 1.5 | 0.4 | 0.4 | 0.5 | 0.7 | 1.0 | 1.1 | 1.7 | 1.5 | −3.9 | 0.4 | 0.9 |
| Diluted EPS | −$0.47 | −$1.16 | $0.52 | $0.64 | $0.26 | $1.04 | $4.42 | $0.95 | $0.80 | $1.23 | $1.79 | $2.35 | $2.53 | $3.86 | $3.46 | −$8.98 | $1.01 | $1.97 |
| Growth (year on year) | ||||||||||||||||||
| Revenue | +10.4% | +11.5% | +8.2% | +19.7% | +17.8% | +23.5% | +3.5% | +7.0% | +8.5% | +26.2% | +7.3% | +1.3% | +8.6% | +10.2% | −32.2% | −5.8% | −4.4% | −4.6% |
| EBITDA | +17.7% | +15.8% | +11.6% | +17.0% | +11.3% | +18.8% | +2.9% | +3.8% | +7.3% | +31.8% | +7.6% | +10.9% | +5.0% | +13.4% | −30.2% | −1.0% | −3.1% | −6.4% |
| Operating income | +48.4% | +32.6% | +20.3% | +20.6% | +5.5% | +6.8% | +0.6% | +0.3% | +1.9% | +43.0% | +12.7% | +19.5% | +7.4% | +21.2% | −13.5% | +1.0% | −2.0% | −6.9% |
| Net income | — | — | — | +10.2% | −52.2% | +333.4% | +289.5% | −76.5% | +24.5% | +14.5% | +46.8% | +33.7% | +9.7% | +52.8% | −10.3% | −359.9% | — | — |
| Diluted EPS | — | — | — | +23.1% | −59.4% | +300.0% | +325.0% | −78.5% | −15.8% | +53.8% | +45.5% | +31.3% | +7.7% | +52.6% | −10.4% | −359.5% | — | — |
| Margins | ||||||||||||||||||
| Gross margin | — | — | — | — | — | — | — | 89.4% | 90.6% | 91.9% | 90.9% | 67.0% | 69.2% | 71.0% | 59.1% | 59.5% | 97.3% | 97.5% |
| EBITDA margin | 57.2% | 59.4% | 61.3% | 59.9% | 56.6% | 54.4% | 54.1% | 52.5% | 51.9% | 54.2% | 54.3% | 59.4% | 57.5% | 59.1% | 60.9% | 64.0% | 64.8% | 64.0% |
| Operating margin | 25.7% | 30.6% | 34.1% | 34.3% | 30.7% | 26.6% | 25.8% | 24.2% | 22.7% | 25.8% | 27.1% | 31.9% | 31.6% | 34.7% | 44.3% | 47.5% | 48.7% | 47.7% |
| Net margin | −6.8% | −16.6% | 8.4% | 7.8% | 3.1% | 11.0% | 41.5% | 9.1% | 10.4% | 9.5% | 13.0% | 17.1% | 17.3% | 24.0% | 31.7% | −87.5% | 10.4% | 20.7% |
| Free-cash-flow margin | 23.6% | 20.0% | 14.5% | 13.6% | 22.2% | 23.8% | 24.2% | 23.3% | 76.4% | 14.2% | 11.1% | 24.5% | 24.6% | 22.4% | 60.9% | 62.0% | 67.4% | 57.8% |
| Cash flow | ||||||||||||||||||
| Cash from operations | 0.6 | 0.6 | 0.6 | 0.8 | 1.2 | 1.6 | 1.8 | 1.8 | 2.0 | 2.5 | 2.7 | 3.1 | 2.8 | 2.9 | 3.1 | 2.9 | 3.1 | 2.6 |
| Capital spending | 0.2 | 0.2 | 0.3 | 0.4 | 0.5 | 0.8 | 0.9 | 0.9 | −1.2 | 1.7 | 2.1 | 1.6 | 1.2 | 1.3 | 0.2 | 0.2 | 0.2 | 0.2 |
| Free cash flow | 0.4 | 0.4 | 0.3 | 0.3 | 0.6 | 0.8 | 0.9 | 0.9 | 3.2 | 0.8 | 0.6 | 1.4 | 1.6 | 1.6 | 2.9 | 2.8 | 2.9 | 2.4 |
| Stock-based pay | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 |
| Free cash flow after stock pay | 0.4 | 0.3 | 0.3 | 0.3 | 0.6 | 0.8 | 0.8 | 0.8 | 3.2 | 0.7 | 0.5 | 1.3 | 1.4 | 1.4 | 2.8 | 2.7 | 2.8 | 2.3 |
| Balance sheet | ||||||||||||||||||
| Cash | 0.8 | 0.1 | 0.1 | 0.4 | 0.2 | 0.2 | 0.2 | 0.6 | 0.3 | 0.3 | 0.2 | 0.2 | 0.3 | 0.2 | 0.1 | 0.1 | 0.1 | 1.0 |
| Total debt | 6.6 | 6.8 | 7.0 | 11.6 | 11.6 | 11.9 | 12.3 | 12.3 | 16.3 | 16.8 | 18.2 | 19.4 | 20.8 | 21.9 | 23.1 | 24.2 | 24.5 | 18.4 |
| Net debt (negative = net cash) | 5.8 | 6.7 | 6.9 | 11.2 | 11.4 | 11.8 | 12.1 | 11.7 | 15.9 | 16.5 | 18.0 | 19.2 | 20.5 | 21.7 | 23.0 | 24.1 | 24.4 | 17.3 |
| Diluted shares | 287m | 287m | 286m | 291m | 299m | 333m | 334m | 341m | 383m | 415m | 418m | 425m | 434m | 434m | 434m | 434m | 437m | 437m |
| Returned to shareholders | ||||||||||||||||||
| Dividends | — | — | — | 0.0 | 0.0 | 0.6 | 1.1 | 1.2 | −1.5 | 1.8 | 1.9 | 2.1 | 2.4 | −2.6 | −2.7 | −2.7 | −2.1 | −2.3 |
| Buybacks | 0.0 | 0.2 | 0.3 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | −0.0 | 0.0 | 0.0 | 0.1 | 0.1 | −0.1 | −0.0 | −0.0 | −0.0 | 1.0 |
| Total returned | 0.0 | 0.2 | 0.3 | 0.0 | 0.1 | 0.6 | 1.1 | 1.3 | −1.5 | 1.8 | 2.0 | 2.2 | 2.4 | −2.7 | −2.8 | −2.8 | −2.1 | −1.3 |
| Quarter | 2024 Q3 Sept 2024 | 2024 Q4 Dec 2024 | 2025 Q1 Mar 2025 | 2025 Q2 Jun 2025 | 2025 Q3 Sept 2025 | 2025 Q4 Dec 2025 | 2026 Q1 Mar 2026 | 2026 Q2 Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Income | ||||||||
| Revenue | 1,120 | 1,119 | 1,061 | 1,060 | 1,072 | 1,071 | 1,010 | 1,008 |
| Gross profit | 1,093 | −606 | 1,033 | 1,033 | 1,042 | 1,042 | 984 | 989 |
| EBITDA | 713 | 754 | 698 | 681 | 692 | 693 | 637 | 641 |
| Operating income | 532 | 570 | 521 | 506 | 525 | 523 | 465 | 470 |
| Net income | 303 | −4,768 | −464 | 291 | 323 | 294 | 151 | 94 |
| Diluted EPS | $0.70 | −$10.97 | −$1.07 | $0.67 | $0.74 | $0.67 | $0.34 | $0.22 |
| Growth (year on year) | ||||||||
| Revenue | −32.8% | — | −4.8% | −4.2% | −4.3% | −4.3% | −4.8% | −4.9% |
| EBITDA | −22.9% | — | −1.8% | +0.9% | −2.9% | −8.1% | −8.7% | −5.9% |
| Operating income | +9.5% | +80.4% | +0.2% | +2.2% | −1.3% | −8.2% | −10.7% | −7.1% |
| Net income | +14.3% | <−999% | −249.2% | +15.9% | +6.6% | — | — | −67.7% |
| Diluted EPS | +14.8% | <−999% | −250.7% | +15.5% | +5.7% | — | — | −67.2% |
| Margins | ||||||||
| Gross margin | 97.6% | −54.2% | 97.4% | 97.5% | 97.2% | 97.3% | 97.4% | 98.1% |
| EBITDA margin | 63.7% | 67.4% | 65.8% | 64.2% | 64.6% | 64.7% | 63.1% | 63.6% |
| Operating margin | 47.5% | 50.9% | 49.1% | 47.7% | 49.0% | 48.8% | 46.0% | 46.6% |
| Net margin | 27.1% | −426.1% | −43.7% | 27.5% | 30.1% | 27.5% | 15.0% | 9.3% |
| Free-cash-flow margin | 59.0% | 73.7% | 56.6% | 74.7% | 62.6% | 75.7% | 44.8% | 46.8% |
| Cash flow | ||||||||
| Cash from operations | 699 | 877 | 641 | 832 | 714 | 870 | 509 | 531 |
| Capital spending | 38 | 52 | 40 | 40 | 43 | 59 | 57 | 59 |
| Free cash flow | 661 | 825 | 601 | 792 | 671 | 811 | 452 | 472 |
| Stock-based pay | 19 | 15 | 18 | 18 | 19 | 18 | 18 | 29 |
| Free cash flow after stock pay | 642 | 810 | 583 | 774 | 652 | 793 | 434 | 443 |
| Last 12 months unless stated | CCI | SBAC | AMT | Median |
|---|---|---|---|---|
| Revenue, last 12 months | $4.2bn | $2.9bn | $11.0bn | $4.2bn |
| Revenue growth, last 12 months | −4.6% | 5.4% | 5.3% | 5.3% |
| Revenue growth, 3-year average | −16.5% | 1.9% | 6.2% | 1.9% |
| Revenue growth, latest quarter | −4.9% | 2.3% | 2.5% | 2.3% |
| Gross margin | 97.5% | 75.2% | 99.5% | 97.5% |
| Operating margin | 47.7% | 47.6% | 44.8% | 47.6% |
| Operating margin, 3-year average | 50.4% | 47.5% | 43.6% | 47.5% |
| Net margin | 20.7% | 34.5% | 30.1% | 30.1% |
| Cash from operations / revenue | 63.1% | 44.7% | 51.8% | 51.8% |
| Free-cash-flow margin | 57.8% | 36.1% | 36.0% | 36.1% |
| Free-cash-flow margin, 3-year average | 73.0% | 29.4% | 35.6% | 35.6% |
| Stock pay / revenue | 2.0% | 3.0% | 1.4% | 2.0% |
| Change in share count | 0.4% | −1.2% | −0.4% | −0.4% |
| Measure | Company | Peer median | Rank |
|---|---|---|---|
| Revenue growth Growth | -4.6% | 5.3% | 142 of 168 |
| Change in growth rate Growth | -0.2pp | +0.1pp | 97 of 168 |
| Operating margin Profitability | 47.7% | 14.8% | 21 of 103 |
| Net margin Profitability | 20.7% | 7.8% | 49 of 167 |
| Stock pay as % of revenue Cash generation | 2.0% | 1.8% | 78 of 143 |
| Long-term debt as % of assets Balance sheet | 74.3% | 42.4% | 117 of 129 |
| Change in share count Balance sheet | 0.4% | 0.6% | 68 of 152 |
Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).
| Manager | Value | Shares | Share of 13F value | Shares QoQ |
|---|---|---|---|---|
| Blackrock, Inc. | $3.3B | 43.9M | 10.4% | ▼ 6.5% |
| Cohen & Steers, Inc. | $3B | 39.1M | 9.2% | ▼ 3.2% |
| Vanguard Portfolio Management LLC | $2.9B | 37.9M | 9.0% | ▲ 1.6% |
| Vanguard Capital Management LLC | $2.2B | 28.5M | 6.7% | ▲ 0.6% |
| State Street Corp | $1.7B | 23.0M | 5.4% | ▲ 0.9% |
| Wellington Management Group LLP | $1.3B | 17.3M | 4.1% | ▼ 7.7% |
| Lazard Asset Management LLC | $1.1B | 15.1M | 3.6% | ▲ 12.2% |
| Geode Capital Management, LLC | $1B | 13.6M | 3.2% | ▲ 1.8% |
| Morgan Stanley | $744M | 9.8M | 2.3% | ▲ 0.9% |
| Dimensional Fund Advisors LP | $483M | 6.4M | 1.5% | ▲ 0.8% |
| Charles Schwab Investment Management Inc | $480M | 6.3M | 1.5% | ▲ 6.4% |
| Legal & General Group PLC | $457M | 6.0M | 1.4% | ▲ 5.8% |
From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Crown Castle's complete shareholder register. Values are as reported by the filers ; 4 inconsistently scaled filing rows were excluded.
| Insider | Date | Trade | Shares | Price | Value |
|---|---|---|---|---|---|
| Collins Robert Sean Vice President and Controller | August 7, 2026 | Sell | 1,500 | $75.89 | $113,835 |
| Stephens Kevin A Director | May 5, 2026 | Buy | 820 | $90.24 | $73,997 |
| Collins Robert Sean Vice President and Controller | February 27, 2026 | Sell | 3,000 | $87.49 | $262,470 |
| Adams Edward B Jr EVP and General Counsel | February 25, 2026 | Sell | 4,650 | $86.34 | $401,481 |
| Levendos Christopher EVP & COO - Fiber | February 6, 2026 | Sell | 1,883 | $79.71 | $150,094 |
From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.
In the last 12 months, 4 members of Congress disclosed 0 purchases and 6 sales of Crown Castle shares.
Next expected around January 11, 2027 estimated from the company's past filing pattern, not announced
| Data | Last updated | Source |
|---|---|---|
| Share price | Exchange closing prices | |
| Financial statements | SEC 10-K and 10-Q filings | |
| News and updates | Company releases and SEC 8-K filings | |
| Analyst estimates | Aggregated analyst estimates | |
| Valuation and scores | Our models, from the filed figures |
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