Crown Castle (CCI) Free Cash Flow (2009 - 2026)
Crown Castle (CCI) posted Free Cash Flow of $472 million for Q2 2026, down 40.4% from $792 million a year earlier but up 4.4% from the prior quarter.
Crown Castle (CCI) Free Cash Flow (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Free Cash Flow at Crown Castle was $2.41 billion, down 16.4% year-over-year; for FY2025, it came in at $2.88 billion, up 3.9% from FY2024.
- Annual Free Cash Flow shows a five-year compound annual growth rate of 15.0% (FY2020 to FY2025).
- In prior years, Crown Castle's Free Cash Flow was $2.77 billion in FY2024 (-4.0%), $2.88 billion in FY2023 (+83.9%), $1.57 billion in FY2022 (+0.5%) and $1.56 billion in FY2021 (+9.0%).
- Quarterly Free Cash Flow has run from a low of $186 million in Q3 2023 to a high of $1.69 billion in Q4 2023 over five years.
- On a year-over-year basis, Free Cash Flow has declined in each of the last three quarters, with growth averaging 19.5% over the last eight quarters.
- The strongest year-over-year quarter for Free Cash Flow in the past five years was Q4 2023, with growth of 275.2%; the weakest was Q4 2024, with a decline of 51.2%.
- According to Business Quant data, Free Cash Flow for the three prior quarters was $452 million (Q1 2026), $811 million (Q4 2025) and $671 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | American Tower | 76.26 Bn | 75.99 Bn | 2.72 Bn | 1.17 Bn |
| 2 | Digital Realty Trust | 64.98 Bn | 55.50 Bn | - | 148.62 Mn |
| 3 | Crown Castle | 28.39 Bn | 27.14 Bn | 989.00 Mn | 472.00 Mn |
| 4 | Sba Communications | 16.99 Bn | 17.07 Bn | 539.27 Mn | 344.76 Mn |
| 5 | Lamar Advertising | 12.56 Bn | 12.38 Bn | 422.53 Mn | 209.70 Mn |
| 6 | OUTFRONT Media | 4.89 Bn | 4.65 Bn | 276.40 Mn | 91.20 Mn |
| 7 | Array Digital Infrastructure | 2.92 Bn | 1.81 Bn | 30.57 Mn | -49.27 Mn |
| 8 | IHS Holding | 2.80 Bn | -57.74 Mn | 207.10 Mn | 179.10 Mn |
| 9 | Fermi | 2.69 Bn | 1.82 Bn | - | -233.64 Mn |
| 10 | Clear Channel Outdoor Holdings | 1.20 Bn | 488.27 Mn | 241.86 Mn | 25.29 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 472.00 Mn |
| Mar 31, 2026 | 452.00 Mn |
| Dec 31, 2025 | 811.00 Mn |
| Sep 30, 2025 | 671.00 Mn |
| Jun 30, 2025 | 792.00 Mn |
| Mar 31, 2025 | 601.00 Mn |
| Dec 31, 2024 | 825.00 Mn |
| Sep 30, 2024 | 661.00 Mn |
| Jun 30, 2024 | 729.00 Mn |
| Mar 31, 2024 | 552.00 Mn |
| Dec 31, 2023 | 1.69 Bn |
| Sep 30, 2023 | 186.00 Mn |
| Jun 30, 2023 | 740.00 Mn |
| Mar 31, 2023 | 265.00 Mn |
| Dec 31, 2022 | 451.00 Mn |
| Sep 30, 2022 | 364.00 Mn |
| Jun 30, 2022 | 476.00 Mn |
| Mar 31, 2022 | 277.00 Mn |
| Dec 31, 2021 | 397.00 Mn |
| Sep 30, 2021 | 401.00 Mn |
Crown Castle Free Cash Flow 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=free-cash-flow&ticker=CCI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=CCI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();