Crown Castle Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Property, Plant & Equipment	11,746	21,292	21,853	21,933	21,951
Cash & Equivalents	99	119	105	156	292
Accounts Receivable	339	654	597	720	635
Goodwill	5,127	5,127	10,085	10,085	10,078
Other Intangible Assets	861	2,781	3,179	3,596	4,046
Restricted Cash	170	171	171	166	169
Other Current Assets	536	146	159	175	158
Deferred Long-Term Tax Assets	-	43	47	54	26
Other Long-Term Assets	12,640	2,403	2,331	2,036	1,685
Total Assets	31,518	32,736	38,527	38,921	39,040
Current Portion of Long-Term Debt	2,783	610	835	819	72
Current Portion of Leases	268	296	332	350	349
Long-Term Debt	21,296	23,172	21,816	20,664	20,315
Long-Term Leases	5,219	5,535	5,831	6,127	6,273
Accounts Payable	71	192	252	236	246
Accrued Expenses	403	555	561	590	583
Current Unearned Revenue	192	476	605	736	776
Other Current Liabilities	762	48	-	-	-
Long-Term Unearned Revenue	-	1,356	1,310	1,337	1,568
Long-Term Deferred Tax Liabilities	-	31	26	18	14
Other Long-Term Liabilities	2,159	598	578	595	586
Total Liabilities	33,153	32,869	32,146	31,472	30,782
Common Stock	4	4	4	4	4
Additional Paid-In Capital	18,527	18,393	18,270	18,116	18,011
Distributions in Excess of Earnings	-20,161	-18,525	-11,889	-10,666	-9,753
Comprehensive Income & Other	-5	-5	-4	-5	-4
Total Common Equity	-1,635	-133	6,381	7,449	8,258
Shareholders' Equity	-1,635	-133	6,381	7,449	8,258
Total Liabilities & Equity	31,518	32,736	38,527	38,921	39,040
Total Debt	29,566	29,613	28,814	27,960	27,009
Net Cash (Debt)	-29,467	-29,494	-28,709	-27,804	-26,717
Net Cash Per Share	-67.43	-67.96	-66.15	-64.06	-61.56
Filing Date Shares Outstanding	435	435.43	434.22	433.44	432.21
Total Common Shares Outstanding	435	435	434	433	432
Book Value Per Share	-3.76	-0.31	14.70	17.20	19.12
Tangible Book Value	-7,623	-8,041	-6,883	-6,232	-5,866
Tangible Book Value Per Share	-17.52	-18.49	-15.86	-14.39	-13.58
Land	-	2,537	2,442	2,339	2,259
Buildings	-	213	209	221	218
Construction In Progress	-	1,045	1,134	913	853

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.