Crown Castle (CCI) — Capital Reinvestment Ratio
Crown Castle (CCI) has a Capital Reinvestment Ratio of 0.11x as of June 2026, meaning it reinvests 0% of its operating cash flow ($531.00 Million) in capital expenditures ($59.00 Million). Check tangible equity quality of Crown Castle to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Crown Castle Capital Reinvestment Ratio (1998–2025)
This chart tracks Crown Castle's Capital Reinvestment Ratio across 28 annual periods. For the full cash flow conversion analysis, see CCI operating cash flow.
Annual Capital Reinvestment Ratio for Crown Castle (1998–2025)
Year-by-year Capital Reinvestment Ratio for Crown Castle from 1998 to 2025. See CCI FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.06x | $3.06 Billion | $182.00 Million | ▼ -85.7% |
| 2024 | 0.42x | $2.94 Billion | $1.22 Billion | ▼ -8.8% |
| 2023 | 0.46x | $3.13 Billion | $1.42 Billion | ▲ +0.1% |
| 2022 | 0.46x | $2.88 Billion | $1.31 Billion | ▲ +1.0% |
| 2021 | 0.45x | $2.73 Billion | $1.23 Billion | ▼ -15.2% |
| 2020 | 0.53x | $3.06 Billion | $1.62 Billion | ▼ -30.3% |
| 2019 | 0.76x | $2.70 Billion | $2.06 Billion | ▲ +9.6% |
| 2018 | 0.70x | $2.50 Billion | $1.74 Billion | ▲ +15.8% |
| 2017 | 0.60x | $2.04 Billion | $1.23 Billion | ▲ +22.5% |
| 2016 | 0.49x | $1.78 Billion | $873.88 Million | ▼ -3.1% |
| 2015 | 0.51x | $1.80 Billion | $908.89 Million | ▲ +8.0% |
| 2014 | 0.47x | $1.67 Billion | $780.08 Million | ▲ +2.1% |
| 2013 | 0.46x | $1.24 Billion | $567.81 Million | ▼ -19.7% |
| 2012 | 0.57x | $772.56 Million | $441.38 Million | ▲ +5.7% |
| 2011 | 0.54x | $643.45 Million | $347.94 Million | ▲ +43.1% |
| 2010 | 0.38x | $603.43 Million | $228.06 Million | ▲ +24.4% |
| 2009 | 0.30x | $571.26 Million | $173.53 Million | ▼ -65.4% |
| 2008 | 0.88x | $513.00 Million | $450.73 Million | ▲ +2.6% |
| 2007 | 0.86x | $350.36 Million | $300.00 Million | ▼ -43.8% |
| 2006 | 1.52x | $281.42 Million | $428.43 Million | ▲ +390.9% |
| 2005 | 0.31x | $208.54 Million | $64.68 Million | ▼ -19.8% |
| 2004 | 0.39x | $112.08 Million | $43.35 Million | ▼ -15.4% |
| 2003 | 0.46x | $260.04 Million | $118.91 Million | ▼ -65.5% |
| 2002 | 1.33x | $208.93 Million | $277.26 Million | ▼ -74.4% |
| 2001 | 5.18x | $131.93 Million | $683.10 Million | ▲ +34.6% |
| 2000 | 3.85x | $165.50 Million | $636.51 Million | ▼ -76.3% |
| 1999 | 16.22x | $92.60 Million | $1.50 Billion | ▲ +389.3% |
| 1998 | 3.32x | $45.00 Million | $149.20 Million | — |