Crown Castle (CCI) Cash from Operations (2009 - 2026)
Crown Castle's Cash from Operations was $213 million in Q3 2026, down 70.2% from $714 million a year earlier and down 59.9% from the prior quarter.
Crown Castle (CCI) Cash from Operations (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Crown Castle's Cash from Operations was $2.12 billion through Sep 30, 2026, down 30.7% year-over-year; for FY2025, it came in at $3.06 billion, up 3.9% from FY2024.
- Cash from Operations shows a five-year compound annual growth rate of 0.0% (FY2020 to FY2025).
- In earlier years, Cash from Operations was $2.94 billion in FY2024 (-5.9%), $3.13 billion in FY2023 (+8.6%), $2.88 billion in FY2022 (+3.2%) and $2.79 billion in FY2021 (-8.7%).
- The Q3 2026 figure marks the lowest quarterly Cash from Operations since Q3 2012.
- Compared with a year earlier, Cash from Operations has declined for four straight quarters, with an average decline of 13.7% over the last eight quarters.
- The best year-over-year quarter for Cash from Operations over five years was Q2 2023 (growth of 43.6%); the worst was Q3 2026 (a decline of 70.2%).
- Per Business Quant data, CCI's Cash from Operations in the three quarters before Q3 2026 was $531 million (Q2 2026), $509 million (Q1 2026) and $870 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Digital Realty Trust | 67.83 Bn | 60.88 Bn | - | 382.26 Mn |
| 2 | Crown Castle | 38.07 Bn | 36.74 Bn | 982.00 Mn | 56.00 Mn |
| 3 | Sba Communications | 19.99 Bn | 18.63 Bn | 542.40 Mn | 331.84 Mn |
| 4 | Lamar Advertising | 16.59 Bn | 16.38 Bn | - | 32.11 Mn |
| 5 | OUTFRONT Media | 5.79 Bn | 5.55 Bn | 268.20 Mn | 127.90 Mn |
| 6 | American Tower | 2.96 Bn | 2.48 Bn | 2.70 Bn | 1.40 Bn |
| 7 | IHS Holding | 2.85 Bn | -1.91 Bn | 260.10 Mn | 240.10 Mn |
| 8 | Array Digital Infrastructure | 2.50 Bn | 1.49 Bn | 30.52 Mn | -175.58 Mn |
| 9 | Fermi | 982.70 Mn | 121.14 Mn | - | -48.67 Mn |
| 10 | Blackstone Digital Infrastructure Trust | 836.62 Mn | -1.11 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 56.00 Mn |
| Jun 30, 2026 | 531.00 Mn |
| Mar 31, 2026 | 509.00 Mn |
| Dec 31, 2025 | 870.00 Mn |
| Sep 30, 2025 | 714.00 Mn |
| Jun 30, 2025 | 832.00 Mn |
| Mar 31, 2025 | 641.00 Mn |
| Dec 31, 2024 | 877.00 Mn |
| Sep 30, 2024 | 699.00 Mn |
| Jun 30, 2024 | 768.00 Mn |
| Mar 31, 2024 | 599.00 Mn |
| Dec 31, 2023 | 868.00 Mn |
| Sep 30, 2023 | 533.00 Mn |
| Jun 30, 2023 | 1.12 Bn |
| Mar 31, 2023 | 606.00 Mn |
| Dec 31, 2022 | 840.00 Mn |
| Sep 30, 2022 | 701.00 Mn |
| Jun 30, 2022 | 779.00 Mn |
| Mar 31, 2022 | 558.00 Mn |
| Dec 31, 2021 | 734.00 Mn |
Crown Castle Cash from Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-from-operations&ticker=CCI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "CCI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=CCI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();