Towers was Crown Castle’s largest segment in fiscal 2024, bringing in $384.00M of $420.00M (91%).
| Segment | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 |
|---|---|---|---|---|---|---|---|---|
| Towers | $8.81B | $1.37B | $9.47B | $384.00M | ||||
| Fiber | $3.87B | $24.00M | $4.49B | $36.00M | ||||
| Total | $12.68B | $1.39B | $13.96B | $420.00M |
Crown Castle brought in $420.00M from its two segments in fiscal 2024, the year ended December 31, 2024. That was down 97.0% from $13.96B in fiscal 2023. Towers was the largest at $384.00M (91.4%), ahead of Fiber at $36.00M (8.6%).
Compared with fiscal 2023, Towers fell 95.9% to $384.00M and Fiber fell 99.2% to $36.00M. From fiscal 2021 to 2024, combined revenue from these segments fell from $12.68B to $420.00M, a compound annual decline of 67.9%. Towers' share of the total rose from 69.5% to 91.4%.
Previously Reported was Crown Castle’s largest revenue line in fiscal 2019, bringing in $8.84B of $8.78B (101%).
| Restatement | FY 2017 | FY 2018 | FY 2018 | FY 2018 | FY 2019 | FY 2019 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Previously Reported | $8.71B | $2.60B | $2.66B | $8.01B | $414.00M | $894.00M | $8.84B |
| Other Adjustments [Domain] | — | — | — | — | -$2.00M | -$2.00M | — |
| Restatement Adjustment | -$118.00M | -$28.00M | -$18.00M | -$24.00M | — | — | -$60.00M |
| Total | $8.59B | $2.57B | $2.64B | $7.98B | $412.00M | $892.00M | $8.78B |
Crown Castle brought in $8.78B from its two revenue lines in fiscal 2019, the year ended September 30, 2019. Crown Castle regrouped these revenue lines after fiscal 2019, so the total does not compare directly with that year's $892.00M. Previously Reported was the largest at $8.84B (100.7%).
From fiscal 2017 to 2019, combined revenue from these revenue lines grew from $8.59B to $8.78B, a compound annual growth rate of 1.1%. Previously Reported's share of the total fell from 101.4% to 100.7%.
The total is net of Restatement Adjustment, which took $60.00M off revenue in fiscal 2019.
United States was Crown Castle’s largest region in fiscal 2008, bringing in $2.87B of $3.05B (94%).
| Geography | FY 2008 |
|---|---|
| United States | $2.87B |
| Australia | $176.87M |
| Other Countries | $7.73M |
| Total | $3.05B |
Crown Castle brought in $3.05B from its three regions in fiscal 2008, the year ended December 31, 2008. United States was the largest at $2.87B (94.0%), ahead of Australia at $176.87M (5.8%) and Other Countries at $7.73M (0.3%).
Crown Castle (CCI) reports its revenue by segment, by restatement and by geography. In fiscal 2024, Towers was its largest segment, bringing in $384.00M (91.4% of the total), followed by Fiber at $36.00M (8.6%).
Towers was Crown Castle's largest segment in fiscal 2024, bringing in $384.00M, or 91.4% of the $420.00M total across its two segments.
Previously Reported was Crown Castle's largest revenue line in fiscal 2019, bringing in $8.84B, or 100.7% of the $8.78B total across its two revenue lines.
United States was Crown Castle's largest region in fiscal 2008, bringing in $2.87B, or 94.0% of the $3.05B total across its three regions.
Every figure comes from Crown Castle's annual financial filings, as reported. Each line keeps the name Crown Castle gives it, and years follow its fiscal calendar.
Crown Castle's revenue by segment goes back to fiscal 2017, with figures through fiscal 2024. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.