Crown Castle (CCI) Operating Leases (2019 - 2026)
Crown Castle (CCI) reported Operating Leases of $4.9 billion for Q1 2026, down 1.81% on a YoY basis from $5.0 billion in Q1 2025, and little changed sequentially from $5.0 billion in Q4 2025.
Crown Castle (CCI) Operating Leases (2019 - 2026) Analysis & Trends
Crown Castle (CCI) has 8 years of Operating Leases data on file, last reported at $4.9 billion in Q1 2026.
- For the quarter ending Q1 2026, Operating Leases fell 1.81% year-over-year to $4.9 billion; the trailing twelve-month figure through Mar 2026 stood at $4.9 billion (down 1.81% YoY), and the FY2025 full-year result was $5.0 billion, down 2.0% from the prior year.
- Operating Leases steadied at $4.9 billion in Q1 2026, from $5.0 billion in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $6.1 billion in Q1 2022 to a low of $4.9 billion in Q1 2026.
- A 5-year average of $5.5 billion and a median of $5.4 billion in 2024 frame the typical range for Operating Leases.
- Across the five-year window, Operating Leases increased 3.79% in 2022 and decreased 8.97% in 2024, its largest moves.
- Tracing CCI's Operating Leases over 5 years: stood at $5.9 billion in 2022, then retreated by 5.44% to $5.6 billion in 2023, then dropped by 8.97% to $5.1 billion in 2024, then dropped by 2.0% to $5.0 billion in 2025, then slipped by 0.44% to $4.9 billion in 2026.
- Business Quant data shows CCI's Operating Leases at $4.9 billion in Q1 2026, $5.0 billion in Q4 2025, and $5.0 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Equinix | 102.00 Bn | 98.94 Bn | 1.26 Bn |
| 2 | American Tower | 76.76 Bn | 83.27 Bn | 2.70 Bn |
| 3 | Digital Realty Trust | 61.91 Bn | 61.08 Bn | - |
| 4 | Iron Mountain | 37.06 Bn | 37.09 Bn | 1.05 Bn |
| 5 | Crown Castle | 32.50 Bn | 32.44 Bn | 23.00 Mn |
| 6 | Sba Communications | 18.50 Bn | 18.59 Bn | 532.10 Mn |
| 7 | Weyerhaeuser | 17.05 Bn | 16.75 Bn | 318.00 Mn |
| 8 | Lamar Advertising | 15.99 Bn | 15.96 Bn | 344.69 Mn |
| 9 | Gaming & Leisure Properties | 12.58 Bn | 12.98 Bn | - |
| 10 | Rayonier | 6.43 Bn | 5.79 Bn | 46.45 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.94 Bn |
| Dec 31, 2025 | 4.96 Bn |
| Sep 30, 2025 | 4.99 Bn |
| Jun 30, 2025 | 5.01 Bn |
| Mar 31, 2025 | 5.03 Bn |
| Dec 31, 2024 | 5.06 Bn |
| Sep 30, 2024 | 5.27 Bn |
| Jun 30, 2024 | 5.35 Bn |
| Mar 31, 2024 | 5.40 Bn |
| Dec 31, 2023 | 5.56 Bn |
| Sep 30, 2023 | 5.66 Bn |
| Jun 30, 2023 | 5.75 Bn |
| Mar 31, 2023 | 5.86 Bn |
| Dec 31, 2022 | 5.88 Bn |
| Sep 30, 2022 | 5.94 Bn |
| Jun 30, 2022 | 6.02 Bn |
| Mar 31, 2022 | 6.08 Bn |
| Dec 31, 2021 | 6.03 Bn |
| Sep 30, 2021 | 6.00 Bn |
| Jun 30, 2021 | 5.96 Bn |