CROWN CASTLE INC (CCI) Stock Fundamental Analysis
NYSE:CCI - New York Stock Exchange, Inc. - US22822V1017 - REIT - Currency: USD
Taking everything into account, CCI scores 3 out of 10 in our fundamental rating. CCI was compared to 30 industry peers in the Specialized REITs industry. There are concerns on the financial health of CCI while its profitability can be described as average. CCI does not seem to be growing, but still is valued expensively. CCI also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year CCI was profitable.
CCI had a positive operating cash flow in the past year.
CCI had positive earnings in 4 of the past 5 years.
In the past 5 years CCI always reported a positive cash flow from operatings.
1.2 Ratios
CCI's Return On Assets of -11.92% is on the low side compared to the rest of the industry. CCI is outperformed by 90.00% of its industry peers.
CCI has a Return On Invested Capital of 5.89%. This is in the better half of the industry: CCI outperforms 66.67% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CCI is in line with the industry average of 5.28%.
The 3 year average ROIC (5.58%) for CCI is below the current ROIC(5.89%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -11.92% | ||
| ROE | N/A | ||
| ROIC | 5.89% |
ROA(3y)-1.24%
ROA(5y)0.33%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)5.58%
ROIC(5y)5.04%
1.3 Margins
CCI has a Operating Margin of 34.67%. This is comparable to the rest of the industry: CCI outperforms 43.33% of its industry peers.
In the last couple of years the Operating Margin of CCI has grown nicely.
Looking at the Gross Margin, with a value of 71.88%, CCI is in line with its industry, outperforming 50.00% of the companies in the same industry.
In the last couple of years the Gross Margin of CCI has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 34.67% | ||
| PM (TTM) | N/A | ||
| GM | 71.88% |
OM growth 3Y2.8%
OM growth 5Y4.66%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.59%
GM growth 5Y1.86%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CCI is destroying value.
CCI has more shares outstanding than it did 1 year ago.
The number of shares outstanding for CCI has been increased compared to 5 years ago.
Compared to 1 year ago, CCI has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.42, we must say that CCI is in the distress zone and has some risk of bankruptcy.
CCI's Altman-Z score of 0.42 is on the low side compared to the rest of the industry. CCI is outperformed by 76.67% of its industry peers.
The Debt to FCF ratio of CCI is 13.99, which is on the high side as it means it would take CCI, 13.99 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 13.99, CCI perfoms like the industry average, outperforming 56.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 13.99 | ||
| Altman-Z | 0.42 |
ROIC/WACC0.81
WACC7.31%
2.3 Liquidity
A Current Ratio of 0.50 indicates that CCI may have some problems paying its short term obligations.
CCI's Current ratio of 0.50 is on the low side compared to the rest of the industry. CCI is outperformed by 66.67% of its industry peers.
CCI has a Quick Ratio of 0.50. This is a bad value and indicates that CCI is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.50, CCI is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.5 | ||
| Quick Ratio | 0.5 |
3. Growth
3.1 Past
CCI shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -30.06%.
The Earnings Per Share has been growing slightly by 4.20% on average over the past years.
Looking at the last year, CCI shows a decrease in Revenue. The Revenue has decreased by -5.92% in the last year.
CCI shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.65% yearly.
EPS 1Y (TTM)-30.06%
EPS 3Y-3.22%
EPS 5Y4.2%
EPS Q2Q%-48.19%
Revenue 1Y (TTM)-5.92%
Revenue growth 3Y1.18%
Revenue growth 5Y2.65%
Sales Q2Q%-1.49%
3.2 Future
CCI is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 18.42% yearly.
Based on estimates for the next years, CCI will show a decrease in Revenue. The Revenue will decrease by -4.61% on average per year.
EPS Next Y-64.51%
EPS Next 2Y6.72%
EPS Next 3Y11.83%
EPS Next 5Y18.42%
Revenue Next Year-35.98%
Revenue Next 2Y-18.75%
Revenue Next 3Y-12.08%
Revenue Next 5Y-4.61%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 43.56, which means the current valuation is very expensive for CCI.
CCI's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of CCI to the average of the S&P500 Index (28.98), we can say CCI is valued expensively.
The Price/Forward Earnings ratio is 122.74, which means the current valuation is very expensive for CCI.
Based on the Price/Forward Earnings ratio, CCI is valued a bit more expensive than the industry average as 70.00% of the companies are valued more cheaply.
When comparing the Price/Forward Earnings ratio of CCI to the average of the S&P500 Index (21.38), we can say CCI is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 43.56 | ||
| Fwd PE | 122.74 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CCI indicates a somewhat cheap valuation: CCI is cheaper than 66.67% of the companies listed in the same industry.
CCI's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. CCI is cheaper than 63.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 26.67 | ||
| EV/EBITDA | 17.21 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)10.37
EPS Next 2Y6.72%
EPS Next 3Y11.83%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.21%, CCI is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.80, CCI pays a better dividend. On top of this CCI pays more dividend than 83.33% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.46, CCI pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.21% |
5.2 History
The dividend of CCI has a limited annual growth rate of 5.20%.
CCI has been paying a dividend for at least 10 years, so it has a reliable track record.
CCI has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)5.2%
Div Incr Years9
Div Non Decr Years10
5.3 Sustainability
CCI has negative earnings and hence a negative payout ratio. The dividend may be in danger.
CCI's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-69.92%
EPS Next 2Y6.72%
EPS Next 3Y11.83%
NYSE:CCI (4/30/2025, 3:44:10 PM)
105.41
+1.71 (+1.65%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustrySpecialized REITs
Earnings (Last)
Earnings (Next)
Inst Owners94.64%
Inst Owner Change0.18%
Ins Owners0.09%
Ins Owner Change1.85%
Market Cap45.90B
Analysts70.4
Price Target113.28 (7.47%)
Short Float %1.39%
Short Ratio1.61
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.21% |
Yearly Dividend6.28
Dividend Growth(5Y)5.2%
DP-69.92%
Div Incr Years9
Div Non Decr Years10
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)1.34%
Min EPS beat(2)-1.41%
Max EPS beat(2)4.08%
EPS beat(4)2
Avg EPS beat(4)1.5%
Min EPS beat(4)-1.41%
Max EPS beat(4)4.08%
EPS beat(8)4
Avg EPS beat(8)-0.31%
EPS beat(12)6
Avg EPS beat(12)-0.42%
EPS beat(16)9
Avg EPS beat(16)-2.17%
Revenue beat(2)1
Avg Revenue beat(2)-0.09%
Min Revenue beat(2)-0.42%
Max Revenue beat(2)0.24%
Revenue beat(4)1
Avg Revenue beat(4)-0.15%
Min Revenue beat(4)-0.42%
Max Revenue beat(4)0.24%
Revenue beat(8)1
Avg Revenue beat(8)-0.54%
Revenue beat(12)4
Avg Revenue beat(12)-0.2%
Revenue beat(16)6
Avg Revenue beat(16)-0.27%
PT rev (1m)3.57%
PT rev (3m)-4.84%
EPS NQ rev (1m)-46.84%
EPS NQ rev (3m)-148.86%
EPS NY rev (1m)-8.87%
EPS NY rev (3m)-68.26%
Revenue NQ rev (1m)-0.1%
Revenue NQ rev (3m)-34.44%
Revenue NY rev (1m)-34.94%
Revenue NY rev (3m)-35.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 43.56 | ||
| Fwd PE | 122.74 | ||
| P/S | 6.99 | ||
| P/FCF | 26.67 | ||
| P/OCF | 15.6 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 17.21 |
EPS(TTM)2.42
EY2.3%
EPS(NY)0.86
Fwd EY0.81%
FCF(TTM)3.95
FCFY3.75%
OCF(TTM)6.76
OCFY6.41%
SpS15.08
BVpS-0.31
TBVpS-18.47
PEG (NY)N/A
PEG (5Y)10.37
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -11.92% | ||
| ROE | N/A | ||
| ROCE | 7.45% | ||
| ROIC | 5.89% | ||
| ROICexc | 5.91% | ||
| ROICexgc | 7.98% | ||
| OM | 34.67% | ||
| PM (TTM) | N/A | ||
| GM | 71.88% | ||
| FCFM | 26.2% |
ROA(3y)-1.24%
ROA(5y)0.33%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)5.58%
ROIC(5y)5.04%
ROICexc(3y)5.6%
ROICexc(5y)5.07%
ROICexgc(3y)8.46%
ROICexgc(5y)7.89%
ROCE(3y)7.06%
ROCE(5y)6.39%
ROICexcg growth 3Y4.12%
ROICexcg growth 5Y6.36%
ROICexc growth 3Y10.73%
ROICexc growth 5Y11.31%
OM growth 3Y2.8%
OM growth 5Y4.66%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.59%
GM growth 5Y1.86%
F-Score6
Asset Turnover0.2
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 13.99 | ||
| Debt/EBITDA | 5.85 | ||
| Cap/Depr | 70.31% | ||
| Cap/Sales | 18.61% | ||
| Interest Coverage | 2.54 | ||
| Cash Conversion | 73.3% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.5 | ||
| Quick Ratio | 0.5 | ||
| Altman-Z | 0.42 |
F-Score6
WACC7.31%
ROIC/WACC0.81
Cap/Depr(3y)76.08%
Cap/Depr(5y)80.8%
Cap/Sales(3y)19.25%
Cap/Sales(5y)20.99%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-30.06%
EPS 3Y-3.22%
EPS 5Y4.2%
EPS Q2Q%-48.19%
EPS Next Y-64.51%
EPS Next 2Y6.72%
EPS Next 3Y11.83%
EPS Next 5Y18.42%
Revenue 1Y (TTM)-5.92%
Revenue growth 3Y1.18%
Revenue growth 5Y2.65%
Sales Q2Q%-1.49%
Revenue Next Year-35.98%
Revenue Next 2Y-18.75%
Revenue Next 3Y-12.08%
Revenue Next 5Y-4.61%
EBIT growth 1Y-8.48%
EBIT growth 3Y4.02%
EBIT growth 5Y7.43%
EBIT Next Year28.03%
EBIT Next 3Y12.56%
EBIT Next 5Y12.56%
FCF growth 1Y1.12%
FCF growth 3Y4.73%
FCF growth 5Y21.84%
OCF growth 1Y-5.85%
OCF growth 3Y2.57%
OCF growth 5Y1.75%