Crown Castle
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 … Read more
Crown Castle (CCI) - Net Assets
Latest net assets as of December 2025: $-1.64 Billion USD
Based on the latest financial reports, Crown Castle (CCI) has net assets worth $-1.64 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($31.52 Billion) and total liabilities ($33.15 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-1.64 Billion |
| % of Total Assets | -5.19% |
| Annual Growth Rate | N/A |
| 5-Year Change | -119.8% |
| 10-Year Change | -121.64% |
| Growth Volatility | 100.21 |
Crown Castle - Net Assets Trend (1997–2025)
This chart illustrates how Crown Castle's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Crown Castle (1997–2025)
The table below shows the annual net assets of Crown Castle from 1997 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $-1.64 Billion | -1129.32% |
| 2024-12-31 | $-133.00 Million | -102.08% |
| 2023-12-31 | $6.38 Billion | -14.34% |
| 2022-12-31 | $7.45 Billion | -9.80% |
| 2021-12-31 | $8.26 Billion | -12.72% |
| 2020-12-31 | $9.46 Billion | -9.80% |
| 2019-12-31 | $10.49 Billion | -9.35% |
| 2018-12-31 | $11.57 Billion | -6.22% |
| 2017-12-31 | $12.34 Billion | +63.28% |
| 2016-12-31 | $7.56 Billion | +6.60% |
| 2015-12-31 | $7.09 Billion | +5.22% |
| 2014-12-31 | $6.74 Billion | -2.94% |
| 2013-12-31 | $6.94 Billion | +135.19% |
| 2012-12-31 | $2.95 Billion | +23.65% |
| 2011-12-31 | $2.39 Billion | -2.38% |
| 2010-12-31 | $2.44 Billion | -16.73% |
| 2009-12-31 | $2.94 Billion | +8.11% |
| 2008-12-31 | $2.72 Billion | -14.24% |
| 2007-12-31 | $3.17 Billion | +303.26% |
| 2006-12-31 | $785.33 Million | -34.84% |
| 2005-12-31 | $1.21 Billion | -35.35% |
| 2004-12-31 | $1.86 Billion | -14.99% |
| 2003-12-31 | $2.19 Billion | -7.86% |
| 2002-12-31 | $2.38 Billion | -6.07% |
| 2001-12-31 | $2.53 Billion | -25.90% |
| 2000-12-31 | $3.42 Billion | +63.12% |
| 1999-12-31 | $2.10 Billion | +114.33% |
| 1998-12-31 | $977.90 Million | +382.91% |
| 1997-12-31 | $202.50 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Crown Castle's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 2014400000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $4.00 Million | % |
| Other Components | $18.52 Billion | % |
| Total Equity | $-1.64 Billion | 100.00% |
Crown Castle Competitors by Market Cap
The table below lists competitors of Crown Castle ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
KB Financial Group Inc
NYSE:KB
|
$36.30 Billion |
|
Woodside Energy Group Ltd
NYSE:WDS
|
$36.54 Billion |
|
DR Horton Inc
NYSE:DHI
|
$36.56 Billion |
|
Dai-ichi Life Holdings Inc
PINK:DLICY
|
$36.61 Billion |
|
Roblox Corp
NYSE:RBLX
|
$36.17 Billion |
|
Delta Electronics (Thailand) Public Company Limited
BK:DELTA
|
$36.09 Billion |
|
Keysight Technologies Inc
NYSE:KEYS
|
$35.96 Billion |
|
CSL Ltd
PINK:CSLLY
|
$35.87 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Crown Castle's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -133,000,000 to -1,635,000,000, a change of -1,502,000,000.
- Net income of 444,000,000 contributed positively to equity growth.
- Dividend payments of 2,080,000,000 reduced retained earnings.
- Share repurchases of 23,000,000 reduced equity.
- Other comprehensive income increased equity by 5,000,000.
- Other factors increased equity by 152,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $444.00 Million | +27.16% |
| Dividends Paid | $2.08 Billion | -127.22% |
| Share Repurchases | $23.00 Million | -1.41% |
| Other Comprehensive Income | $5.00 Million | +0.31% |
| Other Changes | $152.00 Million | +9.3% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Crown Castle's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | $32.60 | $87.93 | x |
| 1998-12-31 | $22.08 | $87.93 | x |
| 1999-12-31 | $15.52 | $87.93 | x |
| 2000-12-31 | $13.56 | $87.93 | x |
| 2001-12-31 | $11.04 | $87.93 | x |
| 2002-12-31 | $10.13 | $87.93 | x |
| 2003-12-31 | $8.27 | $87.93 | x |
| 2004-12-31 | $8.34 | $87.93 | x |
| 2005-12-31 | $5.41 | $87.93 | x |
| 2006-12-31 | $3.65 | $87.93 | x |
| 2007-12-31 | $11.31 | $87.93 | x |
| 2008-12-31 | $9.63 | $87.93 | x |
| 2009-12-31 | $10.24 | $87.93 | x |
| 2010-12-31 | $8.53 | $87.93 | x |
| 2011-12-31 | $9.41 | $87.93 | x |
| 2012-12-31 | $10.09 | $87.93 | x |
| 2013-12-31 | $23.14 | $87.93 | x |
| 2014-12-31 | $20.15 | $87.93 | x |
| 2015-12-31 | $21.22 | $87.93 | x |
| 2016-12-31 | $22.17 | $87.93 | x |
| 2017-12-31 | $32.20 | $87.93 | x |
| 2018-12-31 | $27.88 | $87.93 | x |
| 2019-12-31 | $25.09 | $87.93 | x |
| 2020-12-31 | $22.26 | $87.93 | x |
| 2021-12-31 | $19.03 | $87.93 | x |
| 2022-12-31 | $17.16 | $87.93 | x |
| 2023-12-31 | $14.70 | $87.93 | x |
| 2024-12-31 | $-0.31 | $87.93 | x |
| 2025-12-31 | $-3.74 | $87.93 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Crown Castle utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.41%
- • Asset Turnover: 0.14x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-0.32%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | -5.88% | -37.90% | 0.08x | 1.83x | $-32.15 Million |
| 1998 | -4.03% | -33.42% | 0.07x | 1.62x | $-131.67 Million |
| 1999 | -4.74% | -27.96% | 0.09x | 1.88x | $-300.76 Million |
| 2000 | -8.46% | -31.55% | 0.10x | 2.66x | $-446.87 Million |
| 2001 | -15.49% | -40.73% | 0.12x | 3.12x | $-602.63 Million |
| 2002 | -12.34% | -45.02% | 0.09x | 3.12x | $-493.37 Million |
| 2003 | -22.20% | -71.50% | 0.08x | 3.75x | $-577.80 Million |
| 2004 | 12.71% | 38.91% | 0.13x | 2.47x | $50.16 Million |
| 2005 | -34.08% | -59.33% | 0.16x | 3.51x | $-519.37 Million |
| 2006 | -5.54% | -5.31% | 0.16x | 6.62x | $-117.52 Million |
| 2007 | -7.04% | -16.08% | 0.13x | 3.31x | $-539.50 Million |
| 2008 | -1.80% | -3.20% | 0.15x | 3.82x | $-320.44 Million |
| 2009 | -3.89% | -6.78% | 0.15x | 3.73x | $-407.96 Million |
| 2010 | -12.72% | -16.55% | 0.18x | 4.28x | $-555.48 Million |
| 2011 | 6.36% | 8.42% | 0.19x | 3.92x | $-98.05 Million |
| 2012 | 6.42% | 7.75% | 0.15x | 5.47x | $-105.29 Million |
| 2013 | 0.65% | 1.56% | 0.14x | 2.97x | $-647.82 Million |
| 2014 | 4.38% | 8.31% | 0.17x | 3.15x | $-377.56 Million |
| 2015 | 6.74% | 13.05% | 0.17x | 3.09x | $-230.97 Million |
| 2016 | 4.72% | 9.10% | 0.17x | 3.00x | $-398.74 Million |
| 2017 | 2.97% | 8.60% | 0.13x | 2.61x | $-867.90 Million |
| 2018 | 5.38% | 11.58% | 0.16x | 2.83x | $-535.10 Million |
| 2019 | 8.20% | 14.92% | 0.15x | 3.67x | $-188.90 Million |
| 2020 | 11.16% | 18.08% | 0.15x | 4.10x | $109.90 Million |
| 2021 | 13.27% | 17.29% | 0.16x | 4.73x | $270.20 Million |
| 2022 | 22.49% | 23.98% | 0.18x | 5.22x | $930.10 Million |
| 2023 | 23.54% | 21.52% | 0.18x | 6.04x | $863.90 Million |
| 2024 | 0.00% | -59.42% | 0.20x | 0.00x | $-3.89 Billion |
| 2025 | 0.00% | 10.41% | 0.14x | 0.00x | $607.50 Million |
Industry Comparison
This section compares Crown Castle's net assets metrics with peer companies in the REIT - Specialty industry.
Industry Context
- Industry: REIT - Specialty
- Average net assets among peers: $1,452,462,708
- Average return on equity (ROE) among peers: 27.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Crown Castle (CCI) | $-1.64 Billion | -5.88% | N/A | $36.18 Billion |
| American Tower Corp (AMT) | $3.68 Billion | 17.30% | 2.82x | $86.39 Billion |
| Automotive Properties Real Estate Investment Trust (APPTF) | $663.40 Million | 10.85% | 0.79x | $198.09 Million |
| DIGITAL CORE REIT (DGTCF) | $1.28 Billion | 16.05% | 0.57x | $460.68 Million |
| Digital Realty Trust Inc (DLR) | $1.56 Billion | 4.33% | 1.10x | $55.29 Billion |
| EPR Properties (EPR) | $1.47 Billion | 0.55% | 0.83x | $4.20 Billion |
| Equinix Inc (EQIX) | $2.75 Billion | 6.84% | 2.77x | $92.84 Billion |
| Charter Hall Social Infrastructure REIT (FKKEF) | $1.43 Billion | 4.96% | 0.49x | $693.51 Million |
| Farmland Partners Inc (FPI) | $333.37K | 175.89% | 109.73x | $467.58 Million |
| Gaming & Leisure Properties (GLPI) | $236.33 Million | 9.70% | 0.13x | $12.88 Billion |