Crown Castle Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 2, 2026	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
Market Capitalization	39,041	38,701	39,444	49,957	58,739	90,218
Market Cap Growth	-0.04%	-1.88%	-21.04%	-14.95%	-34.89%	31.40%
Enterprise Value	68,508	68,219	68,886	78,569	86,333	116,571
Last Close Price	89.53	88.87	86.31	103.24	115.02	170.58
Price/FFO Ratio	22.00	22.00	20.17	-	-	-
Price/AFFO Ratio	20.38	20.38	18.97	-	-	-
PE Ratio	88.47	87.16	-	33.26	35.07	82.32
PS Ratio	9.16	9.08	8.84	10.55	8.41	14.23
PB Ratio	-	-23.67	-296.57	7.83	7.89	10.93
P/OCF Ratio	12.77	12.66	13.40	15.98	20.41	33.08
EV/Sales Ratio	16.07	16.00	15.45	16.60	12.36	18.39
EV/EBITDA Ratio	24.68	24.58	23.47	26.48	20.96	32.26
EV/EBIT Ratio	32.84	32.70	31.33	36.04	35.08	57.62
Debt / Equity Ratio	-18.08	-18.08	-220.90	4.52	3.75	3.27
Debt / EBITDA Ratio	8.39	8.39	7.97	7.74	5.64	6.11
Net Debt / Equity Ratio	-18.02	-18.02	-220.15	4.50	3.73	3.24
Net Debt / EBITDA Ratio	10.62	10.62	9.98	9.68	6.75	7.40
Asset Turnover	0.13	0.13	0.13	0.12	0.18	0.16
Quick Ratio	0.10	0.10	0.18	0.27	0.32	0.46
Current Ratio	0.26	0.26	0.50	0.40	0.45	0.62
Return on Equity (ROE)	-	-	37.20%	17.89%	21.33%	13.07%
Return on Assets (ROA)	4.06%	4.06%	3.86%	3.52%	3.95%	3.25%
Return on Invested Capital (ROIC)	7.34%	7.19%	6.72%	6.07%	6.90%	5.67%
Earnings Yield	1.14%	1.15%	-9.89%	3.01%	2.85%	1.21%
Dividend Yield	4.75%	5.35%	7.25%	6.06%	5.20%	3.20%
Payout Ratio	419.96%	468.47%	-	181.29%	155.34%	216.52%
Buyback Yield / Dilution	-0.69%	-0.69%	-	-0.23%	-0.23%	-2.12%
Total Shareholder Return	4.06%	4.66%	7.25%	5.83%	4.97%	1.08%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q