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Crown Castle (CCI)


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Upturn Advisory Summary
10/17/2025: CCI (2-star) is currently NOT-A-BUY. Pass it for now.
1 Year Target Price $116.96
1 Year Target Price $116.96
6 | Strong Buy |
3 | Buy |
12 | Hold |
0 | Sell |
0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 9.52% | Avg. Invested days 31 | Today’s Advisory PASS |
Upturn Star Rating ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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Key Highlights
Company Size Large-Cap Stock | Market Capitalization 42.70B USD | Price to earnings Ratio - | 1Y Target Price 116.96 |
Price to earnings Ratio - | 1Y Target Price 116.96 | ||
Volume (30-day avg) 21 | Beta 0.96 | 52 Weeks Range 81.02 - 114.47 | Updated Date 10/17/2025 |
52 Weeks Range 81.02 - 114.47 | Updated Date 10/17/2025 | ||
Dividends yield (FY) 5.87% | Basic EPS (TTM) -9 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date 2025-10-15 | When - | Estimate 0.5193 | Actual - |
Profitability
Profit Margin -71.71% | Operating Margin (TTM) 47.92% |
Management Effectiveness
Return on Assets (TTM) 4.03% | Return on Equity (TTM) -183.28% |
Valuation
Trailing PE - | Forward PE 26.32 | Enterprise Value 71041972023 | Price to Sales(TTM) 6.6 |
Enterprise Value 71041972023 | Price to Sales(TTM) 6.6 | ||
Enterprise Value to Revenue 10.98 | Enterprise Value to EBITDA 20.71 | Shares Outstanding 435470061 | Shares Floating 434377031 |
Shares Outstanding 435470061 | Shares Floating 434377031 | ||
Percent Insiders 0.12 | Percent Institutions 96.21 |
Upturn AI SWOT
Crown Castle

Company Overview
History and Background
Crown Castle was founded in 1994. Initially focused on broadcast towers, it shifted its focus to wireless infrastructure in the late 1990s and early 2000s. The company has grown through acquisitions and organic growth, becoming a leading provider of communications infrastructure.
Core Business Areas
- Towers: Crown Castle owns, operates, and leases cell towers to wireless carriers. This is its core revenue driver.
- Small Cells: Crown Castle deploys and operates small cell networks, which are crucial for densifying wireless coverage, especially in urban areas.
- Fiber: Crown Castle provides fiber solutions, including fiber optic cables and related infrastructure, supporting wireless carriers and other customers. Fiber is crucial for backhauling data from towers and small cells.
Leadership and Structure
Crown Castle is led by its CEO. The organizational structure is functional, with departments responsible for tower operations, small cell deployments, fiber solutions, sales, and finance.
Top Products and Market Share
Key Offerings
- Towers: Cell towers represent Crown Castle's largest revenue stream. Market share fluctuates, but Crown Castle consistently ranks among the top 3 tower companies in the US. Competitors include American Tower (AMT) and SBA Communications (SBAC). Revenue is proprietary but estimated to be 60-70% of total revenue.
- Small Cells: Small cells are a growing part of Crown Castle's business. Market share data is less readily available as the market is more fragmented. Competitors include Verizon (VZ), AT&T (T), and other infrastructure providers. Revenue generated is around 15% of the total revenue.
- Fiber Solutions: Fiber solutions are essential for supporting wireless networks. Competitors include Zayo Group and Lumen Technologies (LUMN). Market share in the fiber space is competitive. Revenue is estimated to be around 20% of the total revenue.
Market Dynamics
Industry Overview
The communications infrastructure industry is driven by increasing demand for wireless data, the rollout of 5G networks, and the need for network densification. The industry is capital-intensive and highly competitive.
Positioning
Crown Castle is a leading player in the US communications infrastructure market, with a strong presence in towers, small cells, and fiber. Its competitive advantages include its extensive infrastructure footprint and its relationships with major wireless carriers.
Total Addressable Market (TAM)
The TAM for communications infrastructure is estimated to be several hundred billion dollars. Crown Castle is well-positioned to capture a significant share of this market, benefiting from the continued growth of wireless data and the deployment of 5G.
Upturn SWOT Analysis
Strengths
- Extensive infrastructure footprint
- Strong relationships with major wireless carriers
- Diversified revenue streams (towers, small cells, fiber)
- Recurring revenue model
- Experienced management team
Weaknesses
- High debt levels
- Reliance on a few major customers
- Capital intensive business
- Exposure to interest rate risk
- Vulnerable to tech/5G transition
Opportunities
- Continued growth of wireless data demand
- 5G network deployments
- Expansion of small cell networks
- Acquisitions of smaller infrastructure providers
- New technologies requiring better bandwidth.
Threats
- Competition from other infrastructure providers
- Technological changes (e.g., satellite-based internet)
- Economic downturns reducing carrier spending
- Regulatory changes affecting infrastructure deployment
- Interest rate hikes
Competitors and Market Share
Key Competitors
- AMT
- SBAC
- CCI
Competitive Landscape
Crown Castle competes with other infrastructure providers on price, location, and service quality. Crown Castle's strengths include its extensive footprint and its focus on wireless infrastructure.
Major Acquisitions
Lightower Fiber Networks
- Year: 2017
- Acquisition Price (USD millions): 7100
- Strategic Rationale: Expanded fiber network, enhancing small cell deployment capabilities.
Growth Trajectory and Initiatives
Historical Growth: Crown Castle's historical growth has been driven by acquisitions and organic growth in its tower business. More recently, growth has come from small cell and fiber deployments.
Future Projections: Analyst projections for Crown Castle's future growth depend on the continued growth of wireless data and the pace of 5G deployments. Analyst estimates available from financial data providers.
Recent Initiatives: Recent initiatives include expanding its small cell footprint and investing in fiber infrastructure.
Summary
Crown Castle is a major communications infrastructure player with a strong position in towers, small cells and fiber. Its strengths include its relationships with major carriers and its recurring revenue. However, high debt and reliance on major customers are significant risks. The company is well placed to benefit from growth of 5G but also faces competition from other infrastructure providers.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Filings
- Industry Reports
- Financial Data Providers
- Analyst Reports
Disclaimers:
The information provided is for informational purposes only and should not be construed as investment advice. Market data is subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Crown Castle
Exchange NYSE | Headquaters Houston, TX, United States | ||
IPO Launch date 1998-08-14 | CEO, President & Director Mr. Christian H. Hillabrant | ||
Sector Real Estate | Industry REIT - Specialty | Full time employees 3900 | Website https://www.crowncastle.com |
Full time employees 3900 | Website https://www.crowncastle.com |
Crown Castle owns, operates and leases approximately 40,000 cell towers and approximately 90,000 route miles of fiber supporting small cells and fiber solutions across every major U.S. market. This nationwide portfolio of communications infrastructure connects cities and communities to essential data, technology and wireless service - bringing information, ideas and innovations to the people and businesses that need them.

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