Crown Castle (CCI) Operating Leases (2019 - 2026)

Crown Castle has disclosed Operating Leases across 8 years of filings, most recently posting $4.9 billion for Q1 2026.

• Operating Leases for Q1 2026 came in at $4.9 billion, down 1.81% year-over-year; the trailing twelve-month figure through Mar 2026 was $4.9 billion (down 1.81% YoY), and the FY2025 annual result was $5.0 billion, down 2.0% from the prior year.
• Operating Leases came in at $4.9 billion for Q1 2026 at Crown Castle, roughly flat 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.
• The 5-year median for Operating Leases is $5.4 billion (2024), against an average of $5.5 billion.
• Across the five-year window, Operating Leases increased 3.79% in 2022 and decreased 8.97% in 2024, its largest moves.
• Crown Castle's Operating Leases stood at $5.9 billion in 2022, then decreased by 5.44% to $5.6 billion in 2023, then declined by 8.97% to $5.1 billion in 2024, then declined by 2.0% to $5.0 billion in 2025, then dropped by 0.44% to $4.9 billion in 2026.
• The last three Operating Leases figures came in at $4.9 billion (Q1 2026), $5.0 billion (Q4 2025), and $5.0 billion (Q3 2025), per Business Quant data.