Crown Castle Inc. (CCI) balance sheet
NYSE · Real Estate · REIT - Specialty · 1,500 employees · CEO Christian H. Hillabrant
- Price
- $88.69 -0.16%
- Market cap
- $38.8B
- Enterprise value
- $61.5B
- Last report
- Q3 '26 filed 2026-10-21
- Next report
- 2027-02-03
At the end of Q3 '26 Crown Castle Inc. (CCI) held $133M in cash and short-term investments against $22.9B of debt incl. leases. Total assets $20.6B, total liabilities $24B, shareholders' equity -$3.42B.
Balance sheet
| Balance sheet | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||||
| Cash & equivalents | $105M | $125M | $155M | $194M | $119M | $60M | $94M | $233M | $269M | $55M | $1.04B | $133M | |
| Receivables | $597M | $503M | $549M | $571M | $654M | $308M | $100M | $2.6B | $2.63B | $188M | $179M | $110M | |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $207M | $0 | |
| Other current assets | $227M | $219M | $222M | $215M | $211M | $641M | $810M | -$1.71B | -$1.75B | $931M | $210M | $362M | |
| Current assets | $1.03B | $977M | $1.08B | $1.12B | $1.09B | $1.09B | $1.07B | $1.11B | $1.14B | $1.25B | $1.64B | $695M | |
| Property, plant & equipment (net) | $21.9B | $21.7B | $21.6B | $21.5B | $21.3B | $12.1B | $12B | $11.8B | $11.7B | $6.22B | $11.6B | $11.5B | |
| Goodwill | $10.1B | $10.1B | $10.1B | $10.1B | $5.13B | $5.13B | $5.13B | $5.13B | $5.13B | $5.13B | $5.13B | $5.13B | |
| Intangible assets | $3.18B | $3.07B | $2.97B | $2.88B | $2.78B | $993M | $949M | $905M | $861M | $817M | $773M | $888M | |
| Other non-current assets | $2.38B | $2.43B | $2.48B | $2.47B | $2.45B | $12.5B | $12.5B | $12.5B | $12.6B | $18B | $2.32B | $2.43B | |
| Non-current assets | $37.5B | $37.3B | $37.2B | $36.9B | $31.6B | $30.7B | $30.6B | $30.4B | $30.4B | $30.1B | $19.8B | $19.9B | |
| Total assets | $38.5B | $38.2B | $38.2B | $38B | $32.7B | $31.8B | $31.6B | $31.5B | $31.5B | $31.4B | $21.5B | $20.6B | |
| Liabilities | |||||||||||||
| Accounts payable | $252M | $216M | $225M | $200M | $192M | $42M | $48M | $65M | $71M | $66M | $90M | $63M | |
| Accrued expenses | $561M | $439M | $587M | $502M | $603M | $303M | $392M | $312M | $0 | $283M | $213M | $308M | |
| Short-term debt | $835M | $854M | $865M | $611M | $610M | $1.5B | $2.25B | $3.04B | $2.78B | $3.15B | $2.26B | $2.24B | |
| Deferred revenue | $605M | $514M | $509M | $483M | $476M | $145M | $139M | $147M | $192M | $194M | $259M | $137M | |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 | $689M | $706M | $468M | $1.17B | $1.01B | $210M | $0 | |
| Current liabilities | $2.59B | $2.34B | $2.49B | $2.1B | $2.18B | $2.95B | $3.8B | $4.3B | $4.48B | $4.71B | $3.29B | $3B | |
| Long-term debt | $22.1B | $22.6B | $22.9B | $23.5B | $23.5B | $22.9B | $22B | $21.6B | $21.6B | $21.5B | $16B | $15.6B | |
| Lease obligations (non-current) | $5.56B | $5.4B | $5.35B | $5.27B | $5.24B | $5.03B | $5.01B | $4.99B | $4.96B | $0 | $4.91B | $4.87B | |
| Deferred revenue (non-current) | $1.31B | $0 | $0 | $0 | $1.36B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Deferred tax liabilities | $26M | $0 | $0 | $0 | $31M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Other non-current liabilities | $578M | $1.89B | $1.89B | $1.93B | $598M | $2.16B | $2.17B | $2.16B | $2.16B | $7.07B | $606M | $604M | |
| Non-current liabilities | $29.6B | $29.8B | $30.1B | $30.7B | $30.7B | $30.1B | $29.2B | $28.7B | $28.7B | $28.6B | $21.5B | $21B | |
| Total liabilities | $32.1B | $32.2B | $32.6B | $32.7B | $32.9B | $33B | $33B | $33B | $33.2B | $33.3B | $24.8B | $24B | |
| Equity | |||||||||||||
| Common stock & paid-in capital | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | |
| Retained earnings | -$11.9B | -$12.3B | -$12.7B | -$13.1B | -$18.5B | -$19.7B | -$19.8B | -$20B | -$20.2B | -$20.5B | -$20.8B | -$21B | |
| Accumulated other comprehensive income | -$4M | -$5M | -$5M | -$5M | -$5M | -$5M | -$5M | -$4M | -$5M | -$5M | -$5M | -$5M | |
| Shareholders' equity | $6.38B | $6.05B | $5.65B | $5.3B | -$133M | -$1.25B | -$1.38B | -$1.49B | -$1.64B | -$1.92B | -$3.27B | -$3.42B | |
| Debt | |||||||||||||
| Total debt (incl. leases) | $28.8B | $29.1B | $29.4B | $29.6B | $29.6B | $29.7B | $29.6B | $29.8B | $29.6B | $24.7B | $23.4B | $22.9B | |
| Net debt (debt - cash) | $28.7B | $29B | $29.2B | $29.4B | $29.5B | $29.6B | $29.5B | $29.6B | $29.3B | $24.6B | $22.4B | $22.8B | |
| Balance sheet | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||
| Cash & equivalents | $568M | $314M | $277M | $196M | $232M | $292M | $156M | $105M | $119M | $269M | |
| Receivables | $374M | $398M | $501M | $596M | $431M | $635M | $720M | $597M | $654M | $339M | |
| Other current assets | $255M | $260M | $279M | $305M | $346M | $222M | $239M | $227M | $211M | $536M | |
| Current assets | $1.32B | $1.13B | $1.23B | $1.2B | $1.1B | $1.25B | $1.22B | $1.03B | $1.09B | $1.14B | |
| Property, plant & equipment (net) | $9.81B | $12.9B | $13.7B | $20.8B | $21.6B | $22B | $21.9B | $21.9B | $21.3B | $11.7B | |
| Goodwill | $5.76B | $10B | $10.1B | $10.1B | $10.1B | $10.1B | $10.1B | $10.1B | $5.13B | $5.13B | |
| Intangible assets | $3.65B | $5.96B | $5.52B | $4.84B | $4.43B | $4.05B | $3.6B | $3.18B | $2.78B | $861M | |
| Other non-current assets | $2.14B | $2.18B | $2.29B | $1.54B | $1.53B | $1.71B | $2.09B | $2.38B | $2.45B | $12.6B | |
| Non-current assets | $21.4B | $31.1B | $31.5B | $37.3B | $37.7B | $37.8B | $37.7B | $37.5B | $31.6B | $30.4B | |
| Total assets | $22.7B | $32.2B | $32.8B | $38.5B | $38.8B | $39B | $38.9B | $38.5B | $32.7B | $31.5B | |
| Liabilities | |||||||||||
| Accounts payable | $189M | $249M | $313M | $334M | $230M | $246M | $236M | $252M | $192M | $71M | |
| Accrued expenses | $318M | $471M | $499M | $530M | $577M | $583M | $590M | $561M | $603M | $403M | |
| Short-term debt | $102M | $115M | $107M | $100M | $129M | $72M | $819M | $835M | $610M | $2.78B | |
| Deferred revenue | $353M | $457M | $498M | $657M | $704M | $776M | $736M | $605M | $476M | $0 | |
| Other current liabilities | $0 | $457M | $660M | $0 | $0 | $0 | $0 | $0 | $0 | $954M | |
| Current liabilities | $961M | $1.29B | $1.51B | $1.92B | $1.97B | $2.03B | $2.73B | $2.59B | $2.18B | $4.48B | |
| Long-term debt | $12.1B | $16B | $16.6B | $18B | $19.2B | $20.6B | $20.9B | $22.1B | $23.5B | $21.6B | |
| Lease obligations (non-current) | $0 | $0 | $227M | $5.51B | $5.81B | $6.03B | $5.88B | $5.56B | $5.24B | $4.96B | |
| Deferred revenue (non-current) | $983M | $1.08B | $1.62B | $1.81B | $1.71B | $1.57B | $1.34B | $1.31B | $1.36B | $0 | |
| Deferred tax liabilities | $8.08M | $5M | $7M | $8M | $11M | $14M | $18M | $26M | $31M | $0 | |
| Other non-current liabilities | $1.1B | $1.47B | $1.49B | $694M | $661M | $586M | $595M | $578M | $598M | $2.16B | |
| Non-current liabilities | $14.2B | $18.6B | $19.7B | $26B | $27.3B | $28.8B | $28.7B | $29.6B | $30.7B | $28.7B | |
| Total liabilities | $15.1B | $19.9B | $21.2B | $28B | $29.3B | $30.8B | $31.5B | $32.1B | $32.9B | $33.2B | |
| Equity | |||||||||||
| Common stock & paid-in capital | $3.61M | $4.06M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | |
| Retained earnings | -$3.38B | -$4.5B | -$5.73B | -$7.36B | -$8.47B | -$9.75B | -$10.7B | -$11.9B | -$18.5B | -$20.2B | |
| Accumulated other comprehensive income | -$5.89M | -$3.99M | -$5M | -$5M | -$4M | -$4M | -$5M | -$4M | -$5M | -$5M | |
| Shareholders' equity | $7.56B | $12.3B | $11.6B | $10.5B | $9.46B | $8.26B | $7.45B | $6.38B | -$133M | -$1.64B | |
| Debt | |||||||||||
| Total debt (incl. leases) | $12.2B | $16.2B | $16.7B | $23.9B | $25.4B | $27B | $28B | $28.8B | $29.6B | $29.6B | |
| Net debt (debt - cash) | $11.6B | $15.8B | $16.4B | $23.7B | $25.2B | $26.7B | $27.8B | $28.7B | $29.5B | $29.3B | |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Cash, investments and debt
quarter endsThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30, 10-Q 2024-06-30
Data as of 2026-11-02