Crown Castle (CCI) Debt to Equity (2009 - 2026)
Crown Castle's (CCI) quarterly Debt to Equity came in at -$12.86 in Q1 2026, up 33.92% year-on-year from -$9.6 in Q1 2025, and up 13.64% quarter-over-quarter from -$14.89 in Q4 2025.
Crown Castle (CCI) Debt to Equity (2009 - 2026) Analysis & Trends
Crown Castle has disclosed Debt to Equity across 18 years of filings, most recently posting -$12.86 for Q1 2026.
- Debt to Equity for Q1 2026 came in at -$12.86, up 33.92% year-over-year; the trailing twelve-month figure through Mar 2026 was -$12.86 (up 33.92% YoY), and the FY2025 annual result was -$14.89, up 91.77% from the prior year.
- Debt to Equity came in at -$12.86 for Q1 2026 at Crown Castle, up from -$14.89 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $4.54 in Q3 2024 to a low of -$180.86 in Q4 2024.
- The 5-year median for Debt to Equity is $2.8 (2022), against an average of -$13.23.
- Across the five-year window, Debt to Equity slumped 5134.9% in 2024 and jumped 91.77% in 2025, its largest moves.
- Crown Castle's Debt to Equity stood at $2.92 in 2022, then climbed by 23.14% to $3.59 in 2023, then plunged by 5134.9% to -$180.86 in 2024, then surged by 91.77% to -$14.89 in 2025, then climbed by 13.64% to -$12.86 in 2026.
- The last three Debt to Equity figures came in at -$12.86 (Q1 2026), -$14.89 (Q4 2025), and -$16.29 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 104.53 Bn | 101.50 Bn | 2.20 Bn | 0.13 |
| 2 | American Tower | 86.20 Bn | 92.70 Bn | 2.70 Bn | 10.59 |
| 3 | Digital Realty Trust | 63.76 Bn | 62.92 Bn | - | 0.03 |
| 4 | Crown Castle | 38.57 Bn | 38.52 Bn | 984.00 Mn | -12.86 |
| 5 | Iron Mountain | 37.41 Bn | 37.43 Bn | 1.05 Bn | -18.23 |
| 6 | Sba Communications | 20.70 Bn | 20.79 Bn | 532.10 Mn | -2.73 |
| 7 | Weyerhaeuser | 17.74 Bn | 17.44 Bn | 318.00 Mn | 0.57 |
| 8 | Lamar Advertising | 15.68 Bn | 15.63 Bn | 403.56 Mn | 3.34 |
| 9 | Gaming & Leisure Properties | 13.22 Bn | 13.62 Bn | - | - |
| 10 | OUTFRONT Media | 5.51 Bn | 5.47 Bn | 202.10 Mn | 3.90 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -12.86 |
| Dec 31, 2025 | -14.89 |
| Sep 30, 2025 | -16.29 |
| Jun 30, 2025 | -17.58 |
| Mar 31, 2025 | -19.45 |
| Dec 31, 2024 | -180.86 |
| Sep 30, 2024 | 4.54 |
| Jun 30, 2024 | 4.20 |
| Mar 31, 2024 | 3.87 |
| Dec 31, 2023 | 3.59 |
| Sep 30, 2023 | 3.41 |
| Jun 30, 2023 | 3.18 |
| Mar 31, 2023 | 3.09 |
| Dec 31, 2022 | 2.92 |
| Sep 30, 2022 | 2.80 |
| Jun 30, 2022 | 2.71 |
| Mar 31, 2022 | 2.63 |
| Dec 31, 2021 | 2.50 |
| Sep 30, 2021 | 2.39 |
| Jun 30, 2021 | 2.31 |