Crown Castle (CCI) Invested Capital (2009 - 2026)
Crown Castle's Invested Capital came in at $14.97 billion for Q2 2026, down 34.7% from $22.91 billion a year earlier and down 34.2% from the prior quarter.
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Analysis
Crown Castle (CCI) Invested Capital (2009 - 2026) Analysis & Trends
For FY2025, Crown Castle's Invested Capital was $22.7 billion, down 5.1% from FY2024.
- Invested Capital carries a five-year compound annual growth rate of -4.6% (FY2020 to FY2025).
- Going back by year, Invested Capital was $23.92 billion in FY2024 (-18.4%), $29.3 billion in FY2023 (+0.4%), $29.18 billion in FY2022 (+1.0%) and $28.89 billion in FY2021 (+0.5%).
- The Q2 2026 figure represents the lowest quarterly Invested Capital since Q3 2013.
- Year-over-year, Invested Capital has declined for ten consecutive quarters, with an average decline of 15.7% over the last eight quarters.
- The fastest year-over-year change in Invested Capital over five years came in Q1 2023 (growth of 1.3%), and the weakest in Q2 2026 (a decline of 34.7%).
- Business Quant data shows CCI's Invested Capital at $22.76 billion (Q1 2026), $22.7 billion (Q4 2025) and $22.83 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | American Tower | 76.26 Bn | 75.99 Bn | 2.72 Bn | 47.44 Bn |
| 2 | Digital Realty Trust | 64.98 Bn | 55.50 Bn | - | 43.89 Bn |
| 3 | Crown Castle | 28.39 Bn | 27.14 Bn | 989.00 Mn | 14.97 Bn |
| 4 | Sba Communications | 16.99 Bn | 17.07 Bn | 539.27 Mn | 8.10 Bn |
| 5 | Lamar Advertising | 12.56 Bn | 12.38 Bn | 422.53 Mn | 4.51 Bn |
| 6 | OUTFRONT Media | 4.89 Bn | 4.65 Bn | 276.40 Mn | 3.22 Bn |
| 7 | Array Digital Infrastructure | 2.92 Bn | 1.81 Bn | 30.57 Mn | 1.95 Bn |
| 8 | IHS Holding | 2.80 Bn | -57.74 Mn | 207.10 Mn | 2.93 Bn |
| 9 | Fermi | 2.69 Bn | 1.82 Bn | - | 1.55 Bn |
| 10 | Clear Channel Outdoor Holdings | 1.20 Bn | 488.27 Mn | 241.86 Mn | 1.65 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.97 Bn |
| Mar 31, 2026 | 22.76 Bn |
| Dec 31, 2025 | 22.70 Bn |
| Sep 30, 2025 | 22.83 Bn |
| Jun 30, 2025 | 22.91 Bn |
| Mar 31, 2025 | 23.12 Bn |
| Dec 31, 2024 | 23.92 Bn |
| Sep 30, 2024 | 29.36 Bn |
| Jun 30, 2024 | 29.37 Bn |
| Mar 31, 2024 | 29.46 Bn |
| Dec 31, 2023 | 29.30 Bn |
| Sep 30, 2023 | 29.40 Bn |
| Jun 30, 2023 | 29.46 Bn |
| Mar 31, 2023 | 29.56 Bn |
| Dec 31, 2022 | 29.18 Bn |
| Sep 30, 2022 | 29.16 Bn |
| Jun 30, 2022 | 29.14 Bn |
| Mar 31, 2022 | 29.16 Bn |
| Dec 31, 2021 | 28.89 Bn |
| Sep 30, 2021 | 28.88 Bn |
API Access
Crown Castle Invested Capital 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=invested-capital&ticker=CCI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=CCI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();