Crown Castle (CCI) EV to FCF (2009 - 2026)
Crown Castle's (CCI) EV to FCF came in at 12.98 for Q2 2026, down 16.2% from 15.49 a year earlier and down 0.1% from the prior quarter.
Crown Castle (CCI) EV to FCF (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EV to FCF at Crown Castle was 12.89, down 16.1% year-over-year; for FY2025, it was 13.41, down 5.8% from FY2024.
- Annual EV to FCF has declined for four consecutive years.
- In prior years, Crown Castle's EV to FCF was 14.23 in FY2024 (-17.8%), 17.30 in FY2023 (-53.7%), 37.36 in FY2022 (-35.2%) and 57.62 in FY2021 (+20.6%).
- The Q2 2026 figure stands as the lowest quarterly EV to FCF since Q3 2018.
- On a year-over-year basis, EV to FCF has declined in each of the last three quarters, with an average decline of 8.9% over the last eight quarters.
- The strongest year-over-year quarter for EV to FCF in the past five years was Q4 2021, with growth of 20.6%; the weakest was Q1 2024, with a decline of 61.1%.
- According to Business Quant data, EV to FCF for the three prior quarters was 12.98 (Q1 2026), 13.41 (Q4 2025) and 14.51 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | American Tower | 76.26 Bn | 75.99 Bn | 2.72 Bn |
| 2 | Digital Realty Trust | 64.98 Bn | 55.50 Bn | - |
| 3 | Crown Castle | 28.39 Bn | 27.14 Bn | 989.00 Mn |
| 4 | Sba Communications | 16.99 Bn | 17.07 Bn | 539.27 Mn |
| 5 | Lamar Advertising | 12.56 Bn | 12.38 Bn | 422.53 Mn |
| 6 | OUTFRONT Media | 4.89 Bn | 4.65 Bn | 276.40 Mn |
| 7 | Array Digital Infrastructure | 2.92 Bn | 1.81 Bn | 30.57 Mn |
| 8 | IHS Holding | 2.80 Bn | -57.74 Mn | 207.10 Mn |
| 9 | Fermi | 2.69 Bn | 1.82 Bn | - |
| 10 | Clear Channel Outdoor Holdings | 1.20 Bn | 488.27 Mn | 241.86 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.98 |
| Mar 31, 2026 | 12.98 |
| Dec 31, 2025 | 13.41 |
| Sep 30, 2025 | 14.51 |
| Jun 30, 2025 | 15.49 |
| Mar 31, 2025 | 16.08 |
| Dec 31, 2024 | 14.23 |
| Sep 30, 2024 | 14.15 |
| Jun 30, 2024 | 13.40 |
| Mar 31, 2024 | 14.48 |
| Dec 31, 2023 | 17.30 |
| Sep 30, 2023 | 24.25 |
| Jun 30, 2023 | 27.02 |
| Mar 31, 2023 | 37.21 |
| Dec 31, 2022 | 37.36 |
| Sep 30, 2022 | 41.23 |
| Jun 30, 2022 | 46.83 |
| Mar 31, 2022 | 51.20 |
| Dec 31, 2021 | 57.62 |
| Sep 30, 2021 | 42.29 |
Crown Castle EV to FCF 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=ev-to-fcf&ticker=CCI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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=ev-to-fcf&ticker=CCI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();