AD vs CCI vs CWK Stock Comparison

Array Digital Infrastructure, Crown Castle and Cushman & Wakefield Prices as of Oct 28, 2026 Peers: Industry group
CCI Crown Castle Inc.
$87.81 +30.9% 1M -7.2% 1Y
Market cap
$37.41B
P/E
46.3x
Revenue (TTM)
$4.08B
Div. yield
4.83%
Tower REITs Real Estate
3 wins
CWK Cushman & Wakefield Ltd.
$12.63 +6.4% 1M -25.0% 1Y
Market cap
$2.96B
P/E
42.8x
Revenue (TTM)
$10.82B
Div. yield
–
Commercial Real Estate Services Real Estate

Head to Head

12 decided of 12

Array Digital Infrastructure leads on 9 of the 12 questions below (Array Digital Infrastructure 9, Crown Castle 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionADCCICWKLeader
Larger companyMarket capitalisation $2.75B $37.41B $2.96B CCI
Cheaper on earningsLower P/E, profitable companies only 5.1x 46.3x 42.8x AD
Cheaper on forward earningsLower price / next fiscal year consensus EPS 5.0x 43.5x 8.3x AD
Faster revenue growthRevenue growth, trailing twelve months +98.9% -5.3% +11.0% AD
More profitableNet margin, trailing twelve months 250.8% — 0.6% AD
Better return on capitalReturn on invested capital 19.3% — 7.0% AD
Less leveragedLower net debt / EBITDA 0.5x — 3.7x AD
Higher dividend yieldTrailing dividend yield 66.82% 4.83% — AD
Better 1-year returnPrice return, last 12 months -37.4% -7.2% -25.0% CCI
Better 5-year returnAnnualised price return, 5 years +0.8%/yr -13.4%/yr -7.2%/yr AD
Less volatileAnnualised volatility, 1 year 45.9% 34.9% 45.8% CCI
Higher overall scoreMean of the five percentile scores vs peers 58/100 34/100 38/100 AD

Percentile Scorecard

ADCCICWK

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisADCCICWK
Valuation 20 #9 of 11 60 #5 of 11 65 #7 of 18
Growth 67 #4 of 10 0 #10 of 10 27 #12 of 16
Profitability 44 #6 of 10 67 #4 of 10 40 #10 of 16
Financial Health 100 #1 of 11 10 #10 of 11 19 #14 of 17
Shareholder Returns – – –
Overall 58 34 38
  • AD ranked among 11 companies in Infrastructure REITs
  • CCI ranked among 11 companies in Infrastructure REITs
  • CWK ranked among 19 companies in Real Estate Services

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodADCCICWKSPY
1 month -5.0%+30.9%+6.4% +0.9%
3 months -9.4%+10.9%-6.6% +5.9%
6 months -33.6%+2.3%-9.5% +8.5%
Year to date -40.7%-1.2%-22.0% +13.3%
1 year -37.4%-7.2%-25.0% +12.4%
3 years -23.2%-2.3%+89.1% +88.1%
3 years, per year -8.4%-0.8%+23.7% +23.5%
5 years +4.0%-51.3%-31.3% +68.2%
5 years, per year +0.8%-13.4%-7.2% +11.0%
10 years -9.0%-3.7%— +263.4%
10 years, per year -0.9%-0.4%— +13.8%

Risk

MeasureADCCICWKSPY
Volatility, 1Y 45.9%34.9%45.8% 12.7%
Downside volatility, 1Y 57.5%34.2%46.4% 12.7%
Beta vs S&P 500, 1Y 0.200.191.55 1.00
Return / volatility, 1Y -0.81-0.20-0.55 0.98
Max drawdown, 5Y -58.7%-68.3%-71.8% -25.4%
From 52-week high -47.2%-7.2%-26.6% -0.9%
52-week high $60.28$94.58$17.20 $779.14
52-week low $31.80$66.11$11.03 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleADCCICWK
P/E now vs peer median 5.1xmedian 24.2x 46.3xmedian 24.2x 42.8xmedian 20.9x
P/S now vs peer median 12.9xmedian 6.3x 9.2xmedian 6.3x 0.3xmedian 0.7x
EV/EBITDA now vs peer median 5.3xmedian 15.7x —median 15.7x 8.7xmedian 9.8x
P/FCF now vs peer median -8.1xmedian 18.2x 11.9xmedian 18.2x -361.2xmedian 13.1x
P/B now vs peer median 2.2xmedian 2.4x -10.9xmedian 2.4x 1.5xmedian 1.8x
PEG now vs peer median 0.03median 0.72 -2.42median 0.72 0.54median 0.54

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsADCCICWK
Revenue $213.53M $4.08B $10.82B
Gross profit $124.63M – $1.96B
Operating income $515.33M $1.92B $477.30M
Net income $539.97M $822.00M $69.10M
Free cash flow -$338.11M – -$8.20M
EPS (diluted) $6.19 $1.89 $0.29
Cash & equivalents $416.44M $133.00M $500.50M
Total debt $674.88M – $2.66B
Shares (diluted) 86.51M 434.00M 236.30M
Enterprise value $1.65B $37.41B $442.42M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricADCCICWK
P/E 5.1x 46.3x 42.8x
P/FCF -8.1x 11.9x -361.2x
P/Operating cash flow -9.1x 17.6x 53.3x
P/S 12.9x 9.2x 0.3x
P/B 2.2x -10.9x 1.5x
P/Tangible book -8.5x -10.4x 2.1x
EV/EBITDA 5.3x – 8.7x
EV/EBIT 5.8x – 10.7x
EV/Revenue 14.1x 9.2x 0.5x
EV/FCF -8.9x – -624.3x
EV/Operating cash flow -9.9x 17.6x 92.1x
PEG (3Y EPS CAGR) 0.03 -2.42 0.54

Growth

14 metrics
MetricADCCICWK
Revenue growth (1Y) 98.9% -5.3% 11.0%
Revenue CAGR (3Y) -62.6% -16.7% 3.3%
Gross profit growth (1Y) 275.2% – 8.2%
Gross profit CAGR (3Y) -61.4% – 4.5%
Operating income growth (1Y) 317.3% -9.4% 14.2%
Operating income CAGR (3Y) 205.9% -7.0% 22.3%
Net income growth (1Y) 2,476% 117.8% -66.4%
Net income CAGR (3Y) 207.2% -19.1% 81.0%
EPS growth (1Y) 2,291% 117.9% -67.0%
EPS CAGR (3Y) 197.0% -19.1% 79.4%
Operating cash flow growth (1Y) -135.6% -30.7% -65.0%
Operating cash flow CAGR (3Y) -35.2% -11.8% -0.9%
Free cash flow growth (1Y) -131.0% – -106.5%
Free cash flow CAGR (3Y) -152.5% – -35.8%

Profitability

14 metrics
MetricADCCICWK
Gross margin 58.4% – 18.1%
EBITDA margin 265.4% – 5.5%
Operating margin 241.3% – 4.4%
Pretax margin 373.7% – 0.9%
Net margin 250.8% – 0.6%
FCF margin -158.3% – -0.1%
Operating cash flow margin -141.8% 52.0% 0.5%
Return on equity 35.6% – 3.5%
Return on assets 15.2% 8.1% 0.9%
Return on invested capital 19.3% – 7.0%
Return on capital employed 16.1% – 9.2%
Asset turnover 0.1x 0.2x 1.4x
Cash conversion (OCF / net income) -0.6x 2.6x 0.8x
Stock comp / revenue 0.3% 2.0% 0.5%

Financial Health

11 metrics
MetricADCCICWK
Debt / assets 20.0% – 35.2%
Debt / equity 0.5x – 1.3x
Net debt / EBITDA 0.5x – 3.7x
Debt / FCF -2.0x – -324.2x
Liabilities / assets 62.3% 116.6% 73.2%
Equity / assets 37.7% -16.6% 26.8%
Interest coverage 13.3x – 2.2x
Current ratio 1.0x 0.2x 1.1x
Quick ratio 0.9x – 0.9x
Cash ratio 0.9x – 0.2x
Altman Z-score 1.12 – 1.83

Shareholder Returns

7 metrics
MetricADCCICWK
Dividend yield 66.8% 4.8% –
Net buyback yield – – –
Shareholder yield 66.8% 4.8% –
Payout ratio (earnings) 27.8% 281.1% –
Payout ratio (FCF) -44.4% – –
Dividend growth (1Y) – 26.9% –
Dividend CAGR (3Y) – 2.4% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusADCCICWK
Forward P/E 5.0xFY2026 43.5xFY2026 8.3xFY2026
EPS, next fiscal year $6.38FY2026 $2.02FY2026 $1.52FY2026
EPS growth, next FY +1,039.3%FY2026 +100.0%FY2026 +334.3%FY2026
EPS growth, the year after -81.8% +44.6% +12.5%
Revenue, next fiscal year $220.29MFY2026 $3.82BFY2026 $11.53BFY2026
Revenue growth, next FY +35.2%FY2026 -10.3%FY2026 +12.0%FY2026
Revenue growth, the year after -1.4% +0.5% +7.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersADCCICWK
Held by institutions 20.6% 97.7% 96.0%
Institutions holding 140 930 310
Change in shares held, QoQ -7.9% +1.0% +6.0%
Institutions buying 69 438 170
Institutions selling 46 377 99
Buyers to sellers 1.50 1.16 1.72

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

ADCCICWK
AD 1.00 0.19 0.12
CCI 0.19 1.00 0.09
CWK 0.12 0.09 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, AD, CCI and CWK?

Crown Castle (CCI) is the largest by market capitalisation: Array Digital Infrastructure (AD) $2.75B, Crown Castle (CCI) $37.41B, Cushman & Wakefield (CWK) $2.96B.

Which stock is cheaper, AD, CCI and CWK?

Array Digital Infrastructure (AD) trades on the lowest price-to-earnings ratio (Array Digital Infrastructure (AD) 5.1x, Crown Castle (CCI) 46.3x, Cushman & Wakefield (CWK) 42.8x). On next year's consensus earnings, Array Digital Infrastructure (AD) is cheapest (Array Digital Infrastructure (AD) 5.0x, Crown Castle (CCI) 43.5x, Cushman & Wakefield (CWK) 8.3x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Array Digital Infrastructure (AD) grew revenue fastest over the trailing twelve months: Array Digital Infrastructure (AD) +98.9%, Crown Castle (CCI) -5.3%, Cushman & Wakefield (CWK) +11.0%.

Which company is more profitable?

Array Digital Infrastructure (AD) has the highest net margin (Array Digital Infrastructure (AD) 250.8%, Cushman & Wakefield (CWK) 0.6%). On return on invested capital, Array Digital Infrastructure (AD) leads (Array Digital Infrastructure (AD) 19.3%, Cushman & Wakefield (CWK) 7.0%).

Which stock has performed better?

Over the past year Crown Castle (CCI) returned the most: Array Digital Infrastructure (AD) -37.4%, Crown Castle (CCI) -7.2%, Cushman & Wakefield (CWK) -25.0%. Over five years, Array Digital Infrastructure (AD) compounded fastest (Array Digital Infrastructure (AD) +0.8%/yr, Crown Castle (CCI) -13.4%/yr, Cushman & Wakefield (CWK) -7.2%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Array Digital Infrastructure (AD) has the highest dividend yield: Array Digital Infrastructure (AD) 66.82%, Crown Castle (CCI) 4.83%. Cushman & Wakefield (CWK) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Crown Castle (CCI) has been the steadiest (Array Digital Infrastructure (AD) 45.9%, Crown Castle (CCI) 34.9%, Cushman & Wakefield (CWK) 45.8%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, AD, CCI and CWK?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Array Digital Infrastructure (AD) leads on 9. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.