CCI vs TDS vs AD Stock Comparison

Crown Castle, Telephone & Data Systems and Array Digital Infrastructure Prices as of Oct 26, 2026 Peers: Industry group
CCI Crown Castle Inc.
$87.56 +29.1% 1M -11.1% 1Y
Market cap
$38.05B
P/E
46.3x
Revenue (TTM)
$4.08B
Div. yield
-0.06%
Tower REITs Real Estate
1 win

Head to Head

11 decided of 12

Array Digital Infrastructure leads on 6 of the 12 questions below (Array Digital Infrastructure 6, Telephone & Data Systems 4, Crown Castle 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCCITDSADLeader
Larger companyMarket capitalisation $38.05B $4.09B $2.80B CCI
Cheaper on earningsLower P/E, profitable companies only 46.3x 11.7x 5.2x AD
Cheaper on forward earningsLower price / next fiscal year consensus EPS 43.3x 9.1x 5.3x AD
Faster revenue growthRevenue growth, trailing twelve months -5.3% +3.8% +98.9% AD
More profitableNet margin, trailing twelve months — 27.7% 250.8% AD
Better return on capitalReturn on invested capital — 6.6% 19.3% AD
Less leveragedLower net debt / EBITDA — -1.8x 0.5x TDS
Higher dividend yieldTrailing dividend yield -0.06% 0.02% -0.05% –
Better 1-year returnPrice return, last 12 months -11.1% -8.3% -32.9% TDS
Better 5-year returnAnnualised price return, 5 years -13.3%/yr +13.9%/yr +1.5%/yr TDS
Less volatileAnnualised volatility, 1 year 35.2% 30.7% 45.8% TDS
Higher overall scoreMean of the five percentile scores vs peers 34/100 58/100 61/100 AD

Percentile Scorecard

CCITDSAD

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

AxisCCITDSAD
Valuation 60 #5 of 11 52 #24 of 49 20 #9 of 11
Growth 0 #10 of 10 59 #19 of 45 78 #3 of 10
Profitability 67 #4 of 10 57 #20 of 45 44 #6 of 10
Financial Health 10 #10 of 11 98 #2 of 49 100 #1 of 11
Shareholder Returns – 22 #29 of 37 –
Overall 34 58 61
  • CCI ranked among 11 companies in Infrastructure REITs
  • TDS ranked among 51 companies in Telecommunications
  • AD ranked among 11 companies in Infrastructure REITs

Price Performance

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

Returns

PeriodCCITDSADSPY
1 month +29.1%-0.5%-2.9% -0.8%
3 months +18.2%+6.0%-3.3% +3.5%
6 months +4.9%-19.1%-30.0% +7.0%
Year to date -1.5%-13.0%-37.5% +12.2%
1 year -11.1%-8.3%-32.9% +13.0%
3 years -2.6%+100.4%-19.1% +86.3%
3 years, per year -0.9%+26.1%-6.8% +23.1%
5 years -50.9%+91.4%+7.5% +68.6%
5 years, per year -13.3%+13.9%+1.5% +11.0%
10 years -5.4%+36.9%-5.0% +258.0%
10 years, per year -0.6%+3.2%-0.5% +13.6%

Risk

MeasureCCITDSADSPY
Volatility, 1Y 35.2%30.7%45.8% 12.7%
Downside volatility, 1Y 34.5%30.7%57.7% 12.7%
Beta vs S&P 500, 1Y 0.190.510.21 1.00
Return / volatility, 1Y -0.32-0.27-0.72 1.02
Max drawdown, 5Y -68.3%-68.4%-57.5% -25.4%
From 52-week high -10.3%-25.0%-44.4% -1.8%
52-week high $97.60$47.59$60.28 $779.14
52-week low $66.11$32.96$32.72 $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.

MultipleCCITDSAD
P/E now vs peer median 46.1xmedian 24.3x 11.7xmedian 11.8x 5.4xmedian 24.3x
P/S now vs peer median 9.1xmedian 6.4x 3.3xmedian 1.1x 13.6xmedian 6.4x
EV/EBITDA now vs peer median —median 15.8x 3.2xmedian 6.8x 5.6xmedian 15.8x
P/FCF now vs peer median 11.9xmedian 18.4x -9.7xmedian 5.7x -8.6xmedian 18.4x
P/B now vs peer median -10.9xmedian 2.3x 0.8xmedian 1.3x 2.3xmedian 2.3x
PEG now vs peer median -2.42median 0.72 0.15median 0.24 0.03median 0.72

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 monthsCCITDSAD
Revenue $4.08B $1.26B $213.53M
Gross profit – $746.62M $124.63M
Operating income $1.92B $465.89M $515.33M
Net income $822.00M $544.60M $539.97M
Free cash flow – -$424.28M -$338.11M
EPS (diluted) $1.89 $3.00 $6.19
Cash & equivalents $133.00M $2.19B $416.44M
Total debt – $680.09M $674.88M
Shares (diluted) 434.00M 116.29M 86.51M
Enterprise value $38.05B -$1.17B $1.69B

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
MetricCCITDSAD
P/E 46.1x 11.7x 5.4x
P/FCF 11.9x -9.7x -8.6x
P/Operating cash flow 17.6x 30.7x -9.6x
P/S 9.1x 3.3x 13.6x
P/B -10.9x 0.8x 2.3x
P/Tangible book -10.3x 1.1x -9.0x
EV/EBITDA – 3.2x 5.6x
EV/EBIT – 5.6x 6.1x
EV/Revenue 9.1x 2.1x 14.8x
EV/FCF – -6.1x -9.3x
EV/Operating cash flow 17.6x 19.4x -10.4x
PEG (3Y EPS CAGR) -2.42 0.15 0.03

Growth

14 metrics
MetricCCITDSAD
Revenue growth (1Y) -5.3% 3.8% 98.9%
Revenue CAGR (3Y) -16.7% -38.2% -62.6%
Gross profit growth (1Y) – 9.5% 275.2%
Gross profit CAGR (3Y) – -35.6% -61.4%
Operating income growth (1Y) -9.4% 360.1% 317.3%
Operating income CAGR (3Y) -7.0% 161.7% 205.9%
Net income growth (1Y) 117.8% 1,371% 2,476%
Net income CAGR (3Y) -19.1% 174.9% 207.2%
EPS growth (1Y) 117.9% 413.1% 2,291%
EPS CAGR (3Y) -19.1% 77.2% 197.0%
Operating cash flow growth (1Y) -30.7% -88.1% -135.6%
Operating cash flow CAGR (3Y) -11.8% -47.7% -35.2%
Free cash flow growth (1Y) – -139.9% -131.0%
Free cash flow CAGR (3Y) – -8.8% -152.5%

Profitability

14 metrics
MetricCCITDSAD
Gross margin – 59.4% 58.4%
EBITDA margin – 65.4% 265.4%
Operating margin – 37.0% 241.3%
Pretax margin – 61.4% 373.7%
Net margin – 27.7% 250.8%
FCF margin – -33.7% -158.3%
Operating cash flow margin 52.0% 10.6% -141.8%
Return on equity – 10.0% 35.6%
Return on assets 8.1% 6.4% 15.2%
Return on invested capital – 6.6% 19.3%
Return on capital employed – 6.1% 16.1%
Asset turnover 0.2x 0.2x 0.1x
Cash conversion (OCF / net income) 2.6x 0.2x -0.6x
Stock comp / revenue 2.0% 1.4% 0.3%

Financial Health

11 metrics
MetricCCITDSAD
Debt / assets – 8.1% 20.0%
Debt / equity – 0.1x 0.5x
Net debt / EBITDA – -1.8x 0.5x
Debt / FCF – -1.6x -2.0x
Liabilities / assets 116.6% 35.6% 62.3%
Equity / assets -16.6% 64.4% 37.7%
Interest coverage – 6.1x 13.3x
Current ratio 0.2x 3.8x 1.0x
Quick ratio – 3.7x 0.9x
Cash ratio – 3.6x 0.9x
Altman Z-score – 1.75 1.17

Shareholder Returns

7 metrics
MetricCCITDSAD
Dividend yield 4.8% 0.4% 63.4%
Net buyback yield – – –
Shareholder yield 4.8% 0.4% 63.4%
Payout ratio (earnings) 281.1% 16.1% 27.8%
Payout ratio (FCF) – -20.6% -44.4%
Dividend growth (1Y) 26.9% 0.5% –
Dividend CAGR (3Y) 2.4% -16.6% –

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.

ConsensusCCITDSAD
Forward P/E 43.3xFY2026 9.1xFY2026 5.3xFY2026
EPS, next fiscal year $2.02FY2026 $3.90FY2026 $6.38FY2026
EPS growth, next FY +100.0%FY2026 – +1,039.3%FY2026
EPS growth, the year after +44.6% -94.6% -81.8%
Revenue, next fiscal year $3.82BFY2026 $1.32BFY2026 $220.29MFY2026
Revenue growth, next FY -10.3%FY2026 +7.2%FY2026 +35.2%FY2026
Revenue growth, the year after +0.5% -8.3% -1.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCCITDSAD
Held by institutions 97.7% 92.5% 20.6%
Institutions holding 930 348 140
Change in shares held, QoQ +1.0% +5.4% -7.9%
Institutions buying 438 182 69
Institutions selling 377 113 46
Buyers to sellers 1.16 1.61 1.50

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.

CCITDSAD
CCI 1.00 0.25 0.20
TDS 0.25 1.00 0.44
AD 0.20 0.44 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CCI, TDS and AD?

Crown Castle (CCI) is the largest by market capitalisation: Crown Castle (CCI) $38.05B, Telephone & Data Systems (TDS) $4.09B, Array Digital Infrastructure (AD) $2.80B.

Which stock is cheaper, CCI, TDS and AD?

Array Digital Infrastructure (AD) trades on the lowest price-to-earnings ratio (Crown Castle (CCI) 46.3x, Telephone & Data Systems (TDS) 11.7x, Array Digital Infrastructure (AD) 5.2x). On next year's consensus earnings, Array Digital Infrastructure (AD) is cheapest (Crown Castle (CCI) 43.3x, Telephone & Data Systems (TDS) 9.1x, Array Digital Infrastructure (AD) 5.3x). 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: Crown Castle (CCI) -5.3%, Telephone & Data Systems (TDS) +3.8%, Array Digital Infrastructure (AD) +98.9%.

Which company is more profitable?

Array Digital Infrastructure (AD) has the highest net margin (Telephone & Data Systems (TDS) 27.7%, Array Digital Infrastructure (AD) 250.8%). On return on invested capital, Array Digital Infrastructure (AD) leads (Telephone & Data Systems (TDS) 6.6%, Array Digital Infrastructure (AD) 19.3%).

Which stock has performed better?

Over the past year Telephone & Data Systems (TDS) returned the most: Crown Castle (CCI) -11.1%, Telephone & Data Systems (TDS) -8.3%, Array Digital Infrastructure (AD) -32.9%. Over five years, Telephone & Data Systems (TDS) compounded fastest (Crown Castle (CCI) -13.3%/yr, Telephone & Data Systems (TDS) +13.9%/yr, Array Digital Infrastructure (AD) +1.5%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Crown Castle (CCI) -0.06%, Telephone & Data Systems (TDS) 0.02%, Array Digital Infrastructure (AD) -0.05%. Crown Castle (CCI) and Array Digital Infrastructure (AD) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Telephone & Data Systems (TDS) has been the steadiest (Crown Castle (CCI) 35.2%, Telephone & Data Systems (TDS) 30.7%, Array Digital Infrastructure (AD) 45.8%). Volatility measures how widely the price swings, not the risk of the business.

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

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 6. 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.