Crown Castle Inc. (CCI)

Crown Castle Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	6,849	6,981	6,986	6,340	5,840	5,763
Revenue Growth (YoY)	-2.39%	-0.07%	10.19%	8.56%	1.34%	7.32%
Cost of Revenue	1,925	1,980	2,068	1,993	1,969	1,986
Gross Profit	4,924	5,001	4,918	4,347	3,871	3,777
Selling, General & Admin	747	759	750	680	678	614
Other Operating Expenses	1,898	1,873	1,743	1,666	1,330	1,604
Operating Expenses	2,645	2,632	2,493	2,346	2,008	2,218
Operating Income	2,279	2,369	2,425	2,001	1,863	1,559
Interest Expense / Income	874	850	699	657	689	683
Other Expense / Income	-15	-9	35	227	98	-5
Pretax Income	1,420	1,528	1,691	1,117	1,076	881
Income Tax	26	26	16	21	20	21
Net Income	1,394	1,502	1,675	1,096	1,056	860
Preferred Dividends	0	0	0	0	57	113
Net Income Common	1,394	1,502	1,675	1,096	999	747
Net Income Growth	-16.63%	-10.33%	52.83%	9.71%	33.73%	46.76%
Shares Outstanding (Basic)	434	434	433	432	423	416
Shares Outstanding (Diluted)	435	434	434	434	425	418
Shares Change	0.23%	-	-	2.12%	1.67%	0.72%
EPS (Basic)	3.21	3.46	3.87	2.54	2.36	1.80
EPS (Diluted)	3.20	3.46	3.86	2.53	2.35	1.79
EPS Growth	-17.10%	-10.36%	52.57%	7.66%	31.28%	45.53%
Free Cash Flow	1,716	1,702	1,568	1,560	1,431	641
Free Cash Flow Per Share	3.95	3.92	3.62	3.61	3.38	1.54
Dividend Per Share	6.260	6.260	5.975	5.460	4.930	4.575
Dividend Growth	3.13%	4.77%	9.43%	10.75%	7.76%	7.02%
Gross Margin	71.89%	71.64%	70.40%	68.56%	66.28%	65.54%
Operating Margin	33.27%	33.93%	34.71%	31.56%	31.90%	27.05%
Profit Margin	20.35%	21.52%	23.98%	17.29%	17.11%	12.96%
Free Cash Flow Margin	25.05%	24.38%	22.44%	24.61%	24.50%	11.12%
Effective Tax Rate	1.83%	1.70%	0.95%	1.88%	1.86%	2.38%
EBITDA	4,056	4,132	4,097	3,418	3,373	3,136
EBITDA Margin	59.22%	59.19%	58.65%	53.91%	57.76%	54.42%
Depreciation & Amortization	1,762	1,754	1,707	1,644	1,608	1,572
EBIT	2,294	2,378	2,390	1,774	1,765	1,564
EBIT Margin	33.49%	34.06%	34.21%	27.98%	30.22%	27.14%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).