Crown Castle (CCI) Lease Intangible Assets (2009 - 2026)
Crown Castle's Intangibles came in at $184 million for Q3 2026, down 79.7% from $905 million a year earlier but up 581.5% from the prior quarter.
Analysis
Crown Castle (CCI) Lease Intangible Assets (2009 - 2026) Analysis & Trends
At the end of FY2025, Crown Castle's Intangibles was $27 million, down 3.6% from FY2024.
- Intangibles has declined in each of the last 12 years, with a five-year compound annual growth rate of -16.9% (FY2020 to FY2025).
- Going back by year, Intangibles was $28 million in FY2024 (-50.9%), $57 million in FY2023 (-6.6%), $61 million in FY2022 (-4.7%) and $64 million in FY2021 (-5.9%).
- The five-year range for quarterly Intangibles is $27 million (Q4 2025) to $3.94 billion (Q1 2022).
- Year-over-year, Intangibles has declined for 32 consecutive quarters, with an average decline of 66.6% over the last eight quarters.
- Over the past five years, the year-over-year decline in Intangibles ranged from 3.6% (Q4 2025) to 97.3% (Q1 2026).
- Business Quant data shows CCI's Intangibles at $27 million (Q2 2026), $27 million (Q1 2026) and $27 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | American Tower | 86.72 Bn | 80.00 Bn | 2.75 Bn |
| 2 | Digital Realty Trust | 67.98 Bn | 59.43 Bn | - |
| 3 | Crown Castle | 37.11 Bn | 35.78 Bn | 982.00 Mn |
| 4 | Sba Communications | 19.86 Bn | 18.40 Bn | 542.40 Mn |
| 5 | Lamar Advertising | 16.11 Bn | 15.92 Bn | 422.53 Mn |
| 6 | OUTFRONT Media | 5.53 Bn | 5.27 Bn | 276.40 Mn |
| 7 | IHS Holding | 2.84 Bn | -723.51 Mn | 207.10 Mn |
| 8 | Array Digital Infrastructure | 2.59 Bn | 1.48 Bn | 30.57 Mn |
| 9 | Clear Channel Outdoor Holdings | 1.23 Bn | 518.82 Mn | 241.86 Mn |
| 10 | Fermi | 1.03 Bn | 171.55 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 27.00 Mn |
| Jun 30, 2026 | 27.00 Mn |
| Mar 31, 2026 | 27.00 Mn |
| Dec 31, 2025 | 27.00 Mn |
| Sep 30, 2025 | 905.00 Mn |
| Jun 30, 2025 | 949.00 Mn |
| Mar 31, 2025 | 993.00 Mn |
| Dec 31, 2024 | 28.00 Mn |
| Sep 30, 2024 | 2.88 Bn |
| Jun 30, 2024 | 2.97 Bn |
| Mar 31, 2024 | 3.07 Bn |
| Dec 31, 2023 | 57.00 Mn |
| Sep 30, 2023 | 3.28 Bn |
| Jun 30, 2023 | 3.39 Bn |
| Mar 31, 2023 | 3.50 Bn |
| Dec 31, 2022 | 61.00 Mn |
| Sep 30, 2022 | 3.70 Bn |
| Jun 30, 2022 | 3.82 Bn |
| Mar 31, 2022 | 3.94 Bn |
| Dec 31, 2021 | 64.00 Mn |
API Access
Crown Castle Lease Intangible Assets 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=lease-intangible-assets&ticker=CCI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "lease-intangible-assets", "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=lease-intangible-assets&ticker=CCI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();