Financials Crown Castle Inc.

Equities

CCI

US22822V1017

Specialized REITs

Market Closed - Nyse 04:00:02 2024-04-26 pm EDT 5-day change 1st Jan Change
93.58 USD -0.67% Intraday chart for Crown Castle Inc. -1.70% -18.76%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 59,101 68,658 90,218 58,739 49,957 40,662 - -
Enterprise Value (EV) 1 77,026 87,706 110,555 80,312 72,773 64,500 65,571 66,498
P/E ratio 79 x 67.7 x 82.5 x 35.1 x 33.3 x 32.5 x 36.3 x 35.1 x
Yield 3.22% 3.1% 2.62% 4.41% 5.43% 6.69% 6.7% 6.84%
Capitalization / Revenue 10.2 x 11.8 x 14.2 x 8.41 x 7.16 x 6.17 x 6.23 x 5.99 x
EV / Revenue 13.3 x 15 x 17.4 x 11.5 x 10.4 x 9.79 x 10 x 9.8 x
EV / EBITDA 23.3 x 23.7 x 29 x 18.5 x 16.5 x 15.5 x 16 x 15.6 x
EV / FCF 120 x 61.3 x 70.9 x 51.2 x 42.8 x 45.9 x 51.1 x 51.9 x
FCF Yield 0.83% 1.63% 1.41% 1.95% 2.34% 2.18% 1.96% 1.93%
Price to Book 5.63 x 7.25 x 10.9 x 7.88 x 7.83 x 7.44 x 9.04 x 7.13 x
Nbr of stocks (in thousands) 415,768 431,298 432,203 433,048 433,689 434,520 - -
Reference price 2 142.2 159.2 208.7 135.6 115.2 93.58 93.58 93.58
Announcement Date 2/26/20 1/27/21 1/26/22 1/25/23 1/24/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 5,773 5,840 6,340 6,986 6,981 6,588 6,526 6,787
EBITDA 1 3,304 3,706 3,816 4,340 4,415 4,152 4,091 4,268
EBIT 1 1,562 1,863 2,001 2,425 2,369 2,205 2,184 2,369
Operating Margin 27.06% 31.9% 31.56% 34.71% 33.93% 33.46% 33.46% 34.9%
Earnings before Tax (EBT) 1 884 1,076 1,179 1,691 1,528 1,273 1,163 1,153
Net income 1 750 999 1,096 1,675 1,502 1,245 1,117 1,147
Net margin 12.99% 17.11% 17.29% 23.98% 21.52% 18.9% 17.12% 16.9%
EPS 2 1.800 2.350 2.530 3.860 3.460 2.877 2.578 2.663
Free Cash Flow 1 641 1,431 1,560 1,568 1,702 1,404 1,283 1,282
FCF margin 11.1% 24.5% 24.61% 22.44% 24.38% 21.31% 19.65% 18.89%
FCF Conversion (EBITDA) 19.4% 38.61% 40.88% 36.13% 38.55% 33.82% 31.35% 30.04%
FCF Conversion (Net income) 85.47% 143.24% 142.34% 93.61% 113.32% 112.79% 114.78% 111.77%
Dividend per Share 2 4.575 4.930 5.460 5.980 6.260 6.264 6.271 6.398
Announcement Date 2/26/20 1/27/21 1/26/22 1/25/23 1/24/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 1,618 1,654 1,742 1,734 1,746 1,764 1,773 1,867 1,667 1,674 1,641 1,621 1,653 1,672 1,574
EBITDA 1 976 984 1,095 1,078 1,077 1,090 1,104 1,188 1,047 1,076 1,036 1,016 1,047 1,066 983.9
EBIT 1 526 522 618 593 602 610 628 667 486 586 538 531.8 557.3 571.9 460.7
Operating Margin 32.51% 31.56% 35.48% 34.2% 34.48% 34.58% 35.42% 35.73% 29.15% 35.01% 32.78% 32.8% 33.71% 34.2% 29.27%
Earnings before Tax (EBT) 1 358 354 427 426 422 415 425 462 272 366 318 302 319.6 331.5 318.4
Net income 1 351 353 421 421 419 413 418 455 265 361 311 294.1 313.2 324.8 251.3
Net margin 21.69% 21.34% 24.17% 24.28% 24% 23.41% 23.58% 24.37% 15.9% 21.57% 18.95% 18.14% 18.95% 19.42% 15.97%
EPS 2 0.8100 0.8100 0.9700 0.9700 0.9700 0.9500 0.9700 1.050 0.6100 0.8300 0.7100 0.6860 0.7152 0.7472 0.5860
Dividend per Share 2 1.330 1.470 1.470 1.470 1.470 1.565 1.565 1.565 1.565 1.570 1.565 1.568 1.568 1.568 1.568
Announcement Date 10/20/21 1/26/22 4/20/22 7/20/22 10/19/22 1/25/23 4/19/23 7/19/23 10/18/23 1/24/24 4/17/24 - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 17,925 19,048 20,337 21,573 22,816 23,837 24,908 25,835
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 5.425 x 5.14 x 5.329 x 4.971 x 5.168 x 5.741 x 6.089 x 6.053 x
Free Cash Flow 1 641 1,431 1,560 1,568 1,702 1,404 1,283 1,282
ROE (net income / shareholders' equity) 6.8% 10% 12.4% 21.3% 21.7% 21.7% 24.7% 36.9%
ROA (Net income/ Total Assets) 2.1% 2.59% 2.82% 4.3% 3.88% 3.23% 3% 3.28%
Assets 1 35,633 38,613 38,904 38,981 38,724 38,523 37,225 35,020
Book Value Per Share 2 25.20 22.00 19.10 17.20 14.70 12.60 10.30 13.10
Cash Flow per Share 2 6.460 7.190 6.430 6.630 7.200 6.860 6.950 7.240
Capex 1 2,059 1,624 1,229 1,310 1,424 1,601 1,565 1,551
Capex / Sales 35.67% 27.81% 19.38% 18.75% 20.4% 24.3% 23.98% 22.84%
Announcement Date 2/26/20 1/27/21 1/26/22 1/25/23 1/24/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B+
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
18
Last Close Price
93.58 USD
Average target price
112.1 USD
Spread / Average Target
+19.75%
Consensus
  1. Stock Market
  2. Equities
  3. CCI Stock
  4. Financials Crown Castle Inc.