Crown Castle (CCI) Debt Ratio (2009 - 2026)
Crown Castle's Debt Ratio was 0.85 in Q2 2026, up 10.4% from 0.77 a year earlier and up 7.8% from the prior quarter.
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Analysis
Crown Castle (CCI) Debt Ratio (2009 - 2026) Analysis & Trends
For FY2025, Debt Ratio at Crown Castle came in at 0.77, up 5.1% from FY2024.
- Debt Ratio has now increased for six consecutive years.
- In earlier years, Debt Ratio was 0.73 in FY2024 (+23.5%), 0.59 in FY2023 (+6.6%), 0.56 in FY2022 (+5.7%) and 0.53 in FY2021 (+6.3%).
- The Q2 2026 figure marks the highest quarterly Debt Ratio in data going back to Q2 2009.
- Compared with a year earlier, Debt Ratio has increased for 20 straight quarters, with growth averaging 15.0% over the last eight quarters.
- The year-over-year growth in Debt Ratio has ranged between 2.4% (Q1 2026) and 25.3% (Q1 2025) over the last five years.
- Per Business Quant data, CCI's Debt Ratio in the three quarters before Q2 2026 was 0.79 (Q1 2026), 0.77 (Q4 2025) and 0.77 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | American Tower | 78.34 Bn | 78.08 Bn | 2.72 Bn | 0.59 |
| 2 | Digital Realty Trust | 65.55 Bn | 56.08 Bn | - | 0.29 |
| 3 | Crown Castle | 28.58 Bn | 27.33 Bn | 989.00 Mn | 0.85 |
| 4 | Sba Communications | 17.34 Bn | 17.42 Bn | 539.27 Mn | 1.08 |
| 5 | Lamar Advertising | 12.64 Bn | 12.46 Bn | 422.53 Mn | 0.50 |
| 6 | OUTFRONT Media | 4.92 Bn | 4.68 Bn | 276.40 Mn | 0.48 |
| 7 | Array Digital Infrastructure | 2.89 Bn | 1.79 Bn | 30.57 Mn | 0.20 |
| 8 | IHS Holding | 2.82 Bn | -47.68 Mn | 207.10 Mn | 0.71 |
| 9 | Fermi | 2.72 Bn | 1.86 Bn | - | 0.29 |
| 10 | Clear Channel Outdoor Holdings | 1.20 Bn | 488.27 Mn | 241.86 Mn | 1.36 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.85 |
| Mar 31, 2026 | 0.79 |
| Dec 31, 2025 | 0.77 |
| Sep 30, 2025 | 0.77 |
| Jun 30, 2025 | 0.77 |
| Mar 31, 2025 | 0.77 |
| Dec 31, 2024 | 0.73 |
| Sep 30, 2024 | 0.63 |
| Jun 30, 2024 | 0.62 |
| Mar 31, 2024 | 0.61 |
| Dec 31, 2023 | 0.59 |
| Sep 30, 2023 | 0.59 |
| Jun 30, 2023 | 0.57 |
| Mar 31, 2023 | 0.57 |
| Dec 31, 2022 | 0.56 |
| Sep 30, 2022 | 0.55 |
| Jun 30, 2022 | 0.55 |
| Mar 31, 2022 | 0.54 |
| Dec 31, 2021 | 0.53 |
| Sep 30, 2021 | 0.52 |
API Access
Crown Castle Debt Ratio 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=debt-ratio&ticker=CCI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "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=debt-ratio&ticker=CCI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();