Crown Castle (CCI) FCF Payout Ratio (2014 - 2026)
Crown Castle's FCF Payout Ratio came in at 0.97 for Q2 2026, up 66.3% from 0.58 a year earlier but down 7.1% from the prior quarter.
Crown Castle (CCI) FCF Payout Ratio (2014 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Crown Castle reported FCF Payout Ratio of 0.96, down 6.5% year-over-year; for FY2025, it came in at 0.72, down 26.6% from FY2024.
- Going back by year, FCF Payout Ratio was 0.99 in FY2024 (+4.4%), 0.94 in FY2023 (-43.1%), 1.66 in FY2022 (+9.1%) and 1.52 in FY2021 (+3.4%).
- The five-year range for quarterly FCF Payout Ratio is 0.58 (Q2 2025) to 10.04 (Q4 2022).
- Year-over-year, FCF Payout Ratio increased in two of the last eight quarters, with an average decline of 1.1%.
- The fastest year-over-year change in FCF Payout Ratio over five years came in Q4 2022 (growth of 527.4%), and the weakest in Q4 2023 (a decline of 71.9%).
- Business Quant data shows CCI's FCF Payout Ratio at 1.05 (Q1 2026), 4.56 (Q4 2025) and 0.69 (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (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 | 0.97 |
| 4 | Sba Communications | 16.99 Bn | 17.07 Bn | 539.27 Mn | - |
| 5 | Lamar Advertising | 12.56 Bn | 12.38 Bn | 422.53 Mn | 0.78 |
| 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 | 0.97 |
| Mar 31, 2026 | 1.05 |
| Dec 31, 2025 | 4.56 |
| Sep 30, 2025 | 0.69 |
| Jun 30, 2025 | 0.58 |
| Mar 31, 2025 | 1.15 |
| Dec 31, 2024 | 5.79 |
| Sep 30, 2024 | 1.03 |
| Jun 30, 2024 | 0.93 |
| Mar 31, 2024 | 1.25 |
| Dec 31, 2023 | 2.82 |
| Sep 30, 2023 | 3.66 |
| Jun 30, 2023 | 0.92 |
| Mar 31, 2023 | 2.59 |
| Dec 31, 2022 | 10.04 |
| Sep 30, 2022 | 1.75 |
| Jun 30, 2022 | 1.34 |
| Mar 31, 2022 | 2.35 |
| Dec 31, 2021 | 1.60 |
| Sep 30, 2021 | 1.43 |
Crown Castle FCF Payout 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=fcf-payout-ratio&ticker=CCI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-payout-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=fcf-payout-ratio&ticker=CCI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();