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
DateValue
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