CCI on NYSE

Crown Castle International Corp.

Logo: Crown Castle, Public domain, via Wikimedia Commons5

American real estate investment trust

Crown Castle Inc. is a real estate investment trust and provider of shared communications infrastructure in the United States headquartered in Houston, Texas. Crown Castle owns, operates, and leases approximately 40,000 cell towers across the US. This nationwide portfolio serves as the foundation of wireless connectivity that provides cities and communities access to essential data, technology, and wireless service, bringing information, ideas, innovations, and the connectivity of modern life to help people and businesses thrive.3 Its shares trade on NYSE under the symbol CCI.1 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

Jan 1, 1994Founded1

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  • TickerCCI on NYSE1
  • Industrytelecommunications industry1
  • HeadquartersHouston1
  • Websitewww.crowncastle.com
  • Legal formDelaware corporation1
  • Incorporated inDE6
  • Business address8020 Katy Freeway, Houston, Tx 770246
  • Filer categoryLarge accelerated filer6
  • LEI54930012H97VSM0I2R194
  • StatusActive4
  • LEI statusIssued and current4
  • Registered addressC/O THE CORPORATION TRUST COMPANY, 19801 Wilmington, United States4
  • Registered withDivision of Corporations, Department of State, 55403474
Cci hq
Photo: ParaguaneroSwag at English Wikipedia, CC0, via Wikimedia Commons9

Crown Castle Inc. is a real estate investment trust and provider of shared communications infrastructure in the United States headquartered in Houston, Texas. Crown Castle owns, operates, and leases approximately 40,000 cell towers across the US. This nationwide portfolio serves as the foundation of wireless connectivity that provides cities and communities access to essential data, technology, and wireless service, bringing information, ideas, innovations, and the connectivity of modern life to help people and businesses thrive.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

965.1%Operating margin10
206.5%Net margin10
12.0%Revenue growth, 202510

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue12¢$113.0M
  • Selling, general and admin40¢$383.0M
  • Income tax2¢$16.0M
  • Profit46¢$444.0M

Out of $215.0M in revenue.10

Where each dollar of operating cash went, fiscal 2025

  • Dividends paid68¢$2.1B
  • Share buybacks1¢$23.0M
  • Kept or used elsewhere31¢$954.0M

Out of $3.1B of cash from operations.10

Financial statements

Revenue1112131410$215.0M in 2025−68% since 2019
0$200.0M$400.0M$600.0M$800.0M2019: $670.0M$670.0M20192020: $520.0M$520.0M2020−22%2021: $621.0M$621.0M2021+19%2022: $697.0M$697.0M2022+12%2023: $421.0M$421.0M2023−40%2024: $192.0M$192.0M2024−54%2025: $215.0M$215.0M2025+12%
Operating income1112131410$2.1B in 2025+33% since 2019
0$1.0B$2.0B$3.0B2019: $1.6B$1.6B20192020: $1.9B$1.9B2020+19%2021: $2.0B$2.0B2021+7%2022: $2.4B$2.4B2022+21%2023: $2.1B$2.1B2023−14%2024: $2.1B$2.1B2024+1%2025: $2.1B$2.1B2025−2%
Net income1112131410$444.0M in 2025−48% since 2019
-$4.0B-$2.0B0$2.0B2019: $860.0M$860.0M20192020: $1.1B$1.1B2020+23%2021: $1.1B$1.1B2021+4%2022: $1.7B$1.7B2022+53%2023: $1.5B$1.5B2023−10%2024: -$3.9B-$3.9B20242025: $444.0M$444.0M2025

Every line of the income statement as filed: the last 3 fiscal years, latest first.10

Period ending2025-12-312024-12-312023-12-31
Site rental revenues$4.0B$4.3B$4.3B
Services and other revenues$215.0M$192.0M$421.0M
Net Revenues$4.3B$4.5B$4.7B
Site rental$992.0M$983.0M$961.0M
Services and other$113.0M$107.0M$304.0M
Selling, general and administrative$383.0M$435.0M$502.0M
Asset write-down charges$11.0M$11.0M$9.0M
Acquisition and integration costs$0$0$1.0M
Depreciation, amortization and accretion$690.0M$736.0M$787.0M
Restructuring Charges$0$70.0M$73.0M
Total operating expenses$2.2B$2.3B$2.6B
Operating income (loss)$2.1B$2.1B$2.1B
Interest expense and amortization of deferred financing costs, net$972.0M$932.0M$849.0M
Gains (losses) on retirement of long-term obligations$0$0$0
Interest income$13.0M$20.0M$15.0M
Other income (expense)$3.0M-$26.0M-$5.0M
Benefit (provision) for income taxes-$16.0M-$18.0M-$21.0M
Income (loss) from continuing operations$1.1B$1.2B$1.2B
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent$916.0M-$5.1B$265.0M
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax-$1.6B$0$0
Net income (loss) from discontinued operations, net of tax-$659.0M-$5.1B$265.0M
Net Income (Loss)$444.0M-$3.9B$1.5B
Foreign currency translation adjustments$0-$1.0M$1.0M
Total other comprehensive income (loss)$0-$1.0M$1.0M
Comprehensive income (loss)$444.0M-$3.9B$1.5B
Income (loss) from continuing operations, basic$3$3$3
Income (loss) from discontinued operations, basic-$2-$12$1
Basic (in dollars per share)$1.02-$8.98$3.46
Income (Loss), Per Diluted Share$3$3$3
Discontinued Operation, Income (Loss) from Discontinued Operation, Net of Tax, Per Diluted Share-$2-$12$1
Diluted (in dollars per share)$1.01-$8.98$3.46
Basic (in shares)435.0M shares434.0M shares434.0M shares
Diluted (in shares)437.0M shares434.0M shares434.0M shares
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest$1.1B$1.2B$1.3B

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Corporate structure

Crown Castle International Corp. sits at the top of its group. 35 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Crown Castle International Corp.

  • Cohen & Steers Filed SCHEDULE 13G/A on Crown Castle International Corp., latest May 15, 2026 (4 filings since Nov 14, 2024)
  • VANGUARD CAPITAL MANAGEMENT LLC Filed SCHEDULE 13G on Crown Castle International Corp., latest Apr 29, 2026
  • VANGUARD PORTFOLIO MANAGEMENT LLC Filed SCHEDULE 13G on Crown Castle International Corp., latest Apr 29, 2026
  • VANGUARD GROUP INC Filed SCHEDULE 13G/A on Crown Castle International Corp., latest Mar 26, 2026 (6 filings since Feb 9, 2022)
  • State Street Corporation Filed SCHEDULE 13G on Crown Castle International Corp., latest Feb 9, 2026
  • BlackRock Filed SCHEDULE 13G/A on Crown Castle International Corp., latest Apr 17, 2025 (6 filings since Feb 1, 2022)
  • Crown Castle International Corp. Houston, Texas, United States
    • CC Holdings GS V LLC Houston, Texas, United States
    • Assurable Insurance LLC Subsidiary · Texas, United States
    • CC Towers Guarantor LLC Subsidiary · Delaware, United States
    • CC Towers Holding LLC Subsidiary · Delaware, United States
    • CCATT Holdings LLC Subsidiary · Delaware, United States
    • CCATT LLC Subsidiary · Delaware, United States
    • CCGS Holdings Corp. Subsidiary · Delaware, United States
    • CCTM Holdings LLC Subsidiary · Delaware, United States
    • CCTMO LLC Subsidiary · Delaware, United States
    • Crown Atlantic Company LLC Subsidiary · Delaware, United States
    • Crown Castle Atlantic LLC Subsidiary · Delaware, United States
    • Crown Castle CA Corp. Subsidiary · Delaware, United States
    • Crown Castle Fiber Holdings Corp. (a) Subsidiary · Delaware, United States
    • Crown Castle Fiber LLC (a) Subsidiary · New York, United States
    • Crown Castle GT Company LLC Subsidiary · Delaware, United States
    • Crown Castle GT Holding Sub LLC Subsidiary · Delaware, United States
    • Crown Castle Investment II Corp. Subsidiary · Delaware, United States
    • Crown Castle Operating Company Subsidiary · Delaware, United States
    • Crown Castle PR Holdings LLC Subsidiary · Delaware, United States
    • Crown Castle South LLC Subsidiary · Delaware, United States
    • Crown Castle Towers 06-2 LLC Subsidiary · Delaware, United States
    • Crown Castle Towers 09 LLC Subsidiary · Delaware, United States
    • Crown Castle Towers LLC Subsidiary · Delaware, United States
    • Crown Castle USA Inc. Subsidiary · Pennsylvania, United States
    • Crown Communication LLC Subsidiary · Delaware, United States
    • and 9 more

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Crown Castle International Corp. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$17.1B10 Dec 31, 2025$17.0B10 Dec 31, 2024+0.7%
Accumulated depreciation-$10.8B10 Dec 31, 2025-$10.4B10 Dec 31, 2024−4.1%
Property and equipment, net$6.3B10 Dec 31, 2025$6.6B10 Dec 31, 2024−4.6%
Operating-lease assets (leased space)$5.5B10 Dec 31, 2025$5.6B10 Dec 31, 2024−2.3%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$99.0M10 Dec 31, 2025$100.0M10 Dec 31, 2024−1.0%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$5.1B10 Dec 31, 2025$5.1B10 Dec 31, 20240%
Finite-lived intangibles, gross$4.6B10 Dec 31, 2025$4.6B10 Dec 31, 20240%
Accumulated amortization$3.8B10 Dec 31, 2025$3.6B10 Dec 31, 2024+4.9%
Finite-lived intangibles, net$861.0M10 Dec 31, 2025$1.0B10 Dec 31, 2024−17.0%

Properties, in its own words

Towers

We own, lease or manage approximately 40,000 towers geographically dispersed throughout the U.S. Towers are vertical metal structures generally ranging in height from 50 to 300 feet. Our tenants' wireless equipment may be placed on towers, building rooftops and other structures. Our towers are located on tracts of land that support the towers, equipment shelters and, where applicable, guy-wires to stabilize the tower.

The rest of Item 2

See the following for further information regarding our towers:

•"Item 1. Business—Overview" for information regarding our tower and fiber portfolios and the pending sale of the Fiber Business.

•"Item 7. MD&A—Liquidity and Capital Resources—Material Cash Requirements" for information regarding our lease obligations.

•"Schedule III - Schedule of Real Estate and Accumulated Depreciation" for further information on our productive properties.

Approximately 55% of our towers are leased or subleased or operated and managed under master leases, subleases, or other agreements with AT&T and T-Mobile (including those which T-Mobile assumed in its merger with Sprint). We have the option to purchase these towers at the end of their respective lease terms. We have no obligation to exercise such purchase options. See note 5 to our consolidated financial statements and "Item 1A. Risk Factors" for a further discussion.

Substantially all of our towers can accommodate additional tenancy, either as currently constructed or with appropriate modifications. Additionally, if so inclined as a result of a request for a tenant addition, we could generally replace an existing tower with another tower, subject to certain restrictions.

Discontinued Operations

As of December 31, 2025, the Company owned or leased certain properties previously used in its Fiber segment, which has been classified as a discontinued operation. These properties consist of approximately 90,000 route miles of fiber primarily supporting our (1) approximately 105,000 small cell nodes either currently generating revenue or under contract and (2) fiber solutions. The majority of our fiber assets are located in major metropolitan areas, including a presence in most major U.S. markets.

As a result of the Strategic Fiber Transaction, these properties are classified as discontinued operations and are not utilized in the Company's continuing operations. See "Item 1. Business", "Item 7. MD&A—General Overview", and note 3 to our consolidated financial statements for further discussion of the Strategic Fiber Transaction.

Offices

Following the closure of the Strategic Fiber Transaction, which we expect to occur in the first half of 2026, we anticipate having four offices, including our principal corporate headquarters located in Houston, Texas. We believe that our facilities are suitable and adequate to meet our anticipated needs. See "Item 1. Business—Overview" for further discussion of the pending sale of the Fiber Business, which includes the sale of certain of our office buildings.

Item 2 of the 10-K filed Feb 23, 2026.19

The story

Crown Communications (1980-1997) and Castle Tower (1994-1997)

Crown Communications was founded in 1980 by Robert and Barbara Crown, natives of the Pittsburgh suburb of Green Tree. Crown Communications built, sited, owned, and maintained cell towers across the United States; within Pittsburgh and its surrounding region, the company had a near monopoly on cell towers.

Castle Tower was founded in 1994, starting with 133 Houston-area towers, and initially backed by two private investment firms. Among its first operational purchases was the transmission sites of the BBC, where Castle and French communications firm TDF Group outbid NTL Incorporated.

In 1997, Crown Communications merged with Houston's Castle Tower Corporation to form Crown Castle International. The terms of the merger stipulated that Castle would buy out Crown Communications, though the name of the company would be changed to Crown Castle and that the company would continue to operate with a strong presence in the Pittsburgh area. The merger of the two firms, completed in January 1998, more than doubled the assets of the now-merged Crown Castle.

Crown Castle International (1997-2015)

On August 31, 2004, Crown Castle completed the sale of its UK subsidiary, Crown Castle UK, to National Grid Transco plc for over $2 billion.

National Grid Transco plc was renamed to National Grid plc in July 2005, while Crown Castle UK was renamed National Grid Wireless in October 2005.

On January 12, 2007, Crown Castle completed the acquisition of Global Signal Inc., another U.S. tower operator that was based in Sarasota, Florida.

On December 11, 2011, Crown Castle announced an agreement to purchase NextG Networks, Inc. for nearly $1 billion. NextG had over 7,000 distributed antenna system nodes on-air at the time of the agreement, with another 1,500 nodes under construction as well as rights to more than 4,600 miles of fiber optic cables.

On September 28, 2012, Crown Castle entered a tower leasing agreement with T-Mobile US. The deal leases 7,200 wireless towers to the company for a term of 28 years in exchange for $2.4 billion. After the deal ends in 2040, Crown Castle will have an opportunity to purchase the towers for an additional $2.4 billion. Similarly, on October 20, 2013, Crown Castle entered a tower leasing agreement with AT&T Mobility. The deal leases 9,700 wireless towers to the company for a term of 28 years in exchange for $4.85 billion. Crown Castle also gained the right to acquire the towers outright in the future for $4.2 billion. 600 towers will be acquired outright by Crown Castle in the future. AT&T will pay $1,900 a month per site to access the towers, with rent rising approximately 2% per year.

Read the full text

In 2015, Crown Castle expanded into small cell technology in order to boost the capability and widen the scope of its network. The acquisition of Quanta Fiber Networks (Sunesys) in 2015 gave the company access to over 10,000 miles of fiber in various metro areas like Los Angeles, Chicago, Silicon Valley and Atlanta. Prior to that, in 2014, the company acquired the 24/7 Mid-Atlantic Network with over 800 miles of fiber along the East Coast of the U.S.

Domestic-exclusive firm (2015-present)

Crown Castle International sold off its Australian assets in 2015, removing its international focus and making the company exclusively operational in the United States. The company sold its last towers to Macquarie Group for $1.6 billion, which, after taxes and fees, gave a net gain of $1.3 billion to the company. The sale was motivated to boost the expansion of its domestic operations.

On July 19, 2017, Crown Castle signed an agreement to acquire Lightower, a fiber network operator in the northeast U.S., for approximately $7.1 billion. The transaction increased Crown Castle's fiber network to approximately 60,000 route miles. The buyout had a significant impact on second-quarter earnings reported in late July. Revenue increased by 3.3%, and small cells increased sales by 42%. Crown Castle also announced a $3.25 billion common stock offering as well as a $1.5 billion sale of convertible preferred shares to help finance the Lightower purchase.

Based on its 2019 revenue, in 2020 Crown Castle joined the Fortune 500 list for the first time, at number 496.

On March 13, 2025, Crown Castle announced that it will divest from its fiber and small cell businesses and focus on towers. Crown Castle agreed to sell its fiber assets to Zayo Group Holdings and its small cell assets to EQT Active Core Infrastructure for $4.25 billion each. The transactions closed on May 1, 2026, with Crown Castle receiving approximately $8.4 billion in net cash proceeds and transitioning into a pure-play U.S. tower company.

From Wikipedia’s article on Crown Castle, shared under CC BY-SA 4.0.7

Leadership

Who has led Crown Castle International Corp., and when. Pick a name to see everywhere that person has worked.

Board members and other officers (45)

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • Assurable Insurance LLC Texas8
  • CC Holdings GS V LLC Delaware8
  • CC Towers Guarantor LLC Delaware8
  • CC Towers Holding LLC Delaware8
  • CCATT Holdings LLC Delaware8
  • CCATT LLC Delaware8
  • CCGS Holdings Corp. Delaware8
  • CCTM Holdings LLC Delaware8
  • CCTMO LLC Delaware8
  • Crown Atlantic Company LLC Delaware8
  • Crown Castle Atlantic LLC Delaware8
  • Crown Castle CA Corp. Delaware8
  • Crown Castle Fiber Holdings Corp. (a) Delaware8
  • Crown Castle Fiber LLC (a) New York8
  • Crown Castle GT Company LLC Delaware8
  • Crown Castle GT Corp. Delaware8
  • Crown Castle GT Holding Sub LLC Delaware8
  • Crown Castle Investment II Corp. Delaware8
  • Crown Castle Operating Company Delaware8
  • Crown Castle PR Holdings LLC Delaware8
  • Crown Castle South LLC Delaware8
  • Crown Castle Towers 06-2 LLC Delaware8
  • Crown Castle Towers 09 LLC Delaware8
  • Crown Castle Towers LLC Delaware8
All 35 listed subsidiaries
  • Crown Castle USA Inc. Pennsylvania8
  • Crown Communication LLC Delaware8
  • Global Signal Acquisitions II LLC Delaware8
  • Global Signal Acquisitions III LLC Delaware8
  • Global Signal Acquisitions IV LLC Delaware8
  • Global Signal Holdings III LLC Delaware8
  • Global Signal Operating Partnership, LP Delaware8
  • PR Site Development Corporation Delaware8
  • Pinnacle Towers Acquisition Holdings LLC Delaware8
  • Pinnacle Towers Acquisition LLC Delaware8
  • Pinnacle Towers LLC Delaware8

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

  • CROWN CASTLE INTERNATIONAL CORPJan 8, 1998 to Jul 25, 20226

Timeline

  1. Sep 14, 20268-K Executive or director change; Regulation FD disclosure79
  2. Aug 5, 20268-K Regulation FD disclosure80
  3. Jul 22, 20268-K Results of operations; Regulation FD disclosure81
  4. May 20, 20268-K Regulation FD disclosure82
  5. May 20, 20268-K Shareholder vote83
  6. May 1, 20268-K Completed an acquisition or sale; Results of operations; Executive or director change84
  7. May 1, 20268-K Entered a material agreement; Ended a material agreement; New debt or obligation85
  8. Apr 22, 20268-K Results of operations; Regulation FD disclosure86
  9. Feb 25, 20268-K Executive or director change; Regulation FD disclosure87
  10. Feb 4, 20268-K Results of operations; Exit or restructuring costs; Regulation FD disclosure88
  11. Jan 12, 20268-K Results of operations89
  12. Nov 5, 20258-K Regulation FD disclosure90
  13. Sep 18, 2025New chief executive Christian H. Hillabrant becomes CEO21
  14. Mar 25, 2025New chief executive Daniel K. Schlanger becomes CEO20
  15. Apr 15, 2024New chief executive Steven J. Moskowitz becomes CEO23
  16. Jan 17, 2024New chief executive Anthony J. Melone becomes CEO22
  17. Jun 23, 2016New chief executive Jay A. Brown becomes CEO24
  18. Jan 5, 2009New chief executive W. Benjamin Moreland becomes CEO25
  19. Feb 27, 2006New chief executive John P. Kelly becomes CEO26
  20. Aug 18, 1998Went public Listed on NYSE1
  21. Jan 1, 1994Founded Founded1

Calendar

Coming up

  1. Oct 21, 2026 · After the closeReports results for the quarter ending Sep/2026 A year earlier it reported $1.12 a share, on Oct 22, 2025.91

When it reported results

  1. Jul 22, 2026Reported quarterly or annual results81
  2. May 1, 2026Reported quarterly or annual results84
  3. Apr 22, 2026Reported quarterly or annual results86
  4. Feb 4, 2026Reported quarterly or annual results88
  5. Jan 12, 2026Reported quarterly or annual results89
  6. Oct 22, 2025Reported quarterly or annual results92
  7. Jul 23, 2025Reported quarterly or annual results93
  8. Apr 30, 2025Reported quarterly or annual results94

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

492 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 107 major events, 222 insider forms, 19 large holders, 124 other. The latest 20:

  1. Sep 17, 20264 EDGAR
  2. Sep 14, 20268-K EDGAR
  3. Aug 10, 20264 EDGAR
  4. Aug 5, 20268-K EDGAR
  5. Aug 5, 202610-Q EDGAR
  6. Jul 22, 20268-K EDGAR
  7. May 26, 2026144 EDGAR
  8. May 21, 20264 EDGAR
  9. May 21, 20263 EDGAR
  10. May 20, 20268-K EDGAR
  11. May 20, 20268-K EDGAR
  12. May 15, 2026SCHEDULE 13G/A EDGAR
  13. May 7, 202610-Q EDGAR
  14. May 6, 20264 EDGAR
  15. May 5, 20264 EDGAR
  16. May 5, 20264 EDGAR
  17. May 5, 20264 EDGAR
  18. May 1, 20268-K EDGAR
  19. May 1, 20268-K EDGAR
  20. Apr 29, 2026SCHEDULE 13G EDGAR

The 492 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

37 open-market trades by officers, directors and large owners since October 2021: 13 buys and 24 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Aug 7, 2026Collins Robert SeanVice President and ControllerSale1,500$75.89$113.8KForm 4
May 5, 2026Stephens Kevin ADirectorBuy820$90.24$74.0KForm 4
Feb 27, 2026Collins Robert SeanVice President and ControllerSale3,000$87.49$262.5KForm 4
Feb 25, 2026Adams Edward B JREVP and General CounselSale4,650$86.34$401.5KForm 4
Feb 6, 2026Levendos ChristopherEVP & COO - FiberSale1,883$79.71$150.1KForm 4
Oct 28, 2025Levendos ChristopherEVP & COO - FiberSale1,065$93.99$100.1KForm 4
Oct 24, 2025SCHLANGER DANIEL KEVP and CTOSale30,000$98.08$2.9MForm 4
Aug 8, 2025SCHLANGER DANIEL KEVP and CTOSale15,000$105.80$1.6MForm 4
Aug 6, 2025Levendos ChristopherEVP & COO - FiberSale1,417$105.83$150.0KForm 4
May 9, 2025Stephens Kevin ADirectorBuy380$103.27$39.2KForm 4
May 2, 2025Collins Robert SeanVice President and ControllerSale3,600$106.72$384.2KForm 4
May 2, 2025Levendos ChristopherEVP & COO - FiberSale2,810$106.90$300.4KForm 4
May 2, 2025Adams Edward B JREVP and General CounselSale8,000$106.37$851.0KForm 4
May 2, 2025SCHLANGER DANIEL KEVP and CTOSale20,000$106.38$2.1MForm 4
Jul 23, 2024Kavanagh Michael JosephEVP & COO-TowersSale10,883$103.73$1.1MForm 4
May 9, 2024PATEL SUNIT SEVP & Chief Financial OfficerSale42$98.80$4.2KForm 4
Apr 2, 2024Genrich JasonDirectorBuy18$103.17$1.9KForm 4
Mar 5, 2024Collins Robert SeanVice President and ControllerSale3,250$113.49$368.8KForm 4
Jan 18, 2024Genrich JasonDirectorBuy99$109.32$10.8KForm 4
Dec 14, 2023Collins Robert SeanVice President and ControllerSale1,500$114.16$171.2KForm 4

All 37 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025Steven J. Moskowitz$225.0K$18.2M101
2025Christian H. Hillabrant$269.2K$14.2M101
2025Daniel K. Schlanger$640.0K$12.0M101
2025Sunit S. Patel$456.7K$9.1M101
2025Christopher D. Levendos$600.0K$6.9M101
2025Edward B. AdamsJr.$515.0K$5.7M101
2025Catherine Piche$550.0K$5.6M101
2024Former President & CEO$630.0K$16.4M101
2024EVP & CTRO$636.2K$7.9M101
2024EVP & COO—Fiber$585.6K$5.8M101
2024EVP & General Counsel$512.1K$4.1M101
2024EVP & COO—Towers$84.6K$1.4M101
2023EVP & COO—Fiber$525.0K$5.1M101
2023EVP & CTRO$620.0K$4.9M101
2023EVP & COO—Towers$403.8K$4.7M101
2023EVP & General Counsel$462.3K$4.4M101

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.43,921,220$3.3B0.0%−3,034,060
Vanguard Portfolio Management LLC37,896,257$2.9B0.1%+602,990
Vanguard Capital Management LLC28,507,917$2.2B0.0%+177,951
State Street Corp23,023,394$1.7B0.1%+211,633
Wellington Management Group Llp17,325,403$1.3B0.2%−1,453,757
Lazard Asset Management LLC15,099,726$1.1B1.7%+1,636,544
Geode Capital Management, LLC13,605,224$1.0B0.1%+242,147
Morgan Stanley9,829,936$744.4M0.0%+89,231
Dimensional Fund Advisors LP6,373,473$482.7M0.1%+47,726
Charles Schwab Investment Management Inc6,333,284$479.6M0.1%+383,375
Legal & General Group Plc6,033,243$456.9M0.1%+333,003
Norges Bank5,830,200$441.5M0.0%New
Deutsche Bank Ag\5,669,365$429.3M0.1%−1,137,601
Daiwa Securities Group Inc.4,705,219$356.3M0.8%+320,027
Bank Of America Corp /de/4,605,558$348.8M0.0%−271,693
Jpmorgan Chase & Co4,355,264$342.5M0.0%+1,980,548
Royal Bank Of Canada4,393,795$332.7M0.1%+171,787
Invesco Ltd.4,143,626$313.8M0.0%+47,973
Northern Trust Corp3,926,379$297.3M0.0%+19,595
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC3,872,994$293.3M0.1%+3,852,282
Barclays PLC3,824,655$289.6M0.1%+1,681,552
FIL Ltd3,576,605$270.9M0.2%+257,091
Principal Financial Group Inc3,218,165$243.7M0.1%−497,910
Citadel Advisors LLC3,050,024$231.0M0.1%+1,095,540
Manufacturers Life Insurance Company, The2,915,656$220.8M0.2%−1,532,742

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

55 trades disclosed by members of Congress, the latest 25. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Aug 18, 2026Gilbert Ray Cisneros, Jr.Democratic, HousePartial sale$1,001 - $15,000−10.6%Report
Aug 6, 2026Michael A. RulliRepublican, HouseSale$1,001 - $15,000−9.4%Report
Jul 23, 2026Josh GottheimerDemocratic, HouseSale$1,001 - $15,000−5.8%Report
Jun 30, 2026Robert J. WittmanRepublican, HouseSale$1,001 - $15,000−5.3%Report
Jun 25, 2026Sheldon WhitehouseDemocratic, SenateSale$1,001 - $15,000+1.7%Report
Mar 27, 2026Alan ArmstrongRepublican, SenateBuy$1,001 - $15,000−17.0%Report
Mar 24, 2026Josh GottheimerDemocratic, HousePartial sale$1,001 - $15,000+13.5%Report
Dec 19, 2025Gilbert Ray Cisneros, Jr.Democratic, HousePartial sale$1,001 - $15,000+17.9%Report
Sep 23, 2025Val T. HoyleDemocratic, HouseSale$1,001 - $15,000+29.2%Report
May 12, 2025Jefferson ShreveRepublican, HouseSale$15,001 - $50,000+50.5%Report
Apr 21, 2025Bruce WestermanRepublican, HouseSale$1,001 - $15,000+69.6%Report
Apr 11, 2025Jefferson ShreveRepublican, HouseBuy$15,001 - $50,000−59.5%Report
Apr 9, 2025Josh GottheimerDemocratic, HousePartial sale$1,001 - $15,000+54.6%Report
Apr 1, 2025Julie JohnsonDemocratic, HouseSale$1,001 - $15,000+58.9%Report
Mar 3, 2025Bruce WestermanRepublican, HouseBuy$1,001 - $15,000−46.4%Report
Jan 24, 2025Gilbert Ray Cisneros, Jr.Democratic, HouseBuy$1,001 - $15,000−34.0%Report
Oct 29, 2024Val T. HoyleDemocratic, HouseBuy$1,001 - $15,000−55.5%Report
Sep 4, 2024John JamesRepublican, HouseSale$1,001 - $15,000+67.8%Report
Jun 21, 2024Josh GottheimerDemocratic, HousePartial sale$1,001 - $15,000+56.5%Report
May 16, 2024John JamesRepublican, HouseBuy$1,001 - $15,000−66.9%Report
May 10, 2024Sheldon WhitehouseDemocratic, SenateBuy$1,001 - $15,000−65.5%Report
May 2, 2024John JamesRepublican, HouseBuy$1,001 - $15,000−67.5%Report
Dec 28, 2023Pete SessionsRepublican, HouseSale$1,001 - $15,000+91.1%Report
Dec 28, 2023Pete SessionsRepublican, HouseSale$1,001 - $15,000+91.1%Report
Oct 31, 2023Pete SessionsRepublican, HouseSale$1,001 - $15,000+96.1%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

SEC filer profile

How Crown Castle International Corp. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARCROWN CASTLE INC.2
  • CIK0001051470
  • Employer ID (EIN)76-047045819
  • Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company19
  • Incorporated inDelaware19
  • Fiscal year endsDecember 312
  • Industry code (SIC)6798 Real Estate Investment Trusts2
  • SEC reviewing officeOffice of Real Estate & Construction, Division of Corporation Finance2
  • Business address8020 Katy Freeway, Houston, TX 770242
  • Phone71357030002
  • Shares outstanding425,455,439 as of Aug 3, 202616
  • Public float$44.7B as of Jun 30, 202519
  • AuditorPricewaterhouseCoopers LLP, Pittsburgh, Pennsylvania PCAOB ID 238; it also attests to the company’s internal control over financial reporting19
  • On EDGAR sinceJan 8, 19982
  • Filings2,594 in all: 4 (1,210), 8-K (502), SC 13G/A (99), 10-Q (86), DEFA14A (48), 3 (47), 4/A (40), UPLOAD (37)2
    All 65 form types

    424B5 (35), SC 13D/A (31), 10-K (28), SC 13G (28), DEF 14A (27), 424B2 (26), DFAN14A (26), 11-K (25), CORRESP (25), FWP (24), 8-K/A (22), 144 (17), 5 (17), 425 (15), 424B3 (14), S-4/A (13), S-8 POS (10), S-1/A (9), S-8 (9), S-3ASR (8), SC 13D (8), 10-Q/A (7), 3/A (7), EFFECT (7), PRE 14A (7), S-4 (7), SCHEDULE 13G/A (7), 10-K/A (5), POS AM (5), S-3 (5), S-3/A (5), 25-NSE (4), 8-A12B (4), NT 10-K (4), PRRN14A (3), SCHEDULE 13G (3), 25-NSE/A (2), 424B1 (2), 424B4 (2), CERTNYS (2), PREC14A (2), S-1 (2), SC TO-I/A (2), 8-A12G (1), 8-A12G/A (1), 8-K12B (1), ARS (1), DEFC14A (1), DEFM14A (1), DEFN14A (1), DEFR14A (1), NT 10-Q (1), POSASR (1), PRER14A (1), PX14A6G (1), S-1MEF (1), SC TO-I (1)

  • Latest filingsAnnual report (10-K) Feb 23, 2026
    Quarterly report (10-Q) Aug 5, 2026
    Proxy statement (DEF 14A) Apr 6, 2026
    Latest 8-K (8-K) Sep 14, 2026

Securities registered for trading

ClassSymbolExchange
Common Stock, $0.01 par valueCCINew York Stock Exchange

From the cover page of the 10-K filed Feb 23, 2026 (Section 12(b) of the Exchange Act).19

Risk factors and legal proceedings

The risks Crown Castle International Corp. names in Item 1A of its 10-K filed Feb 23, 2026: 31 risks under these headings, as written.19

  • Risks Relating to Our Debt and Equity
  • Risks Relating to Corporate Compliance
  • Risks Relating to Our REIT Status
  • Risks Relating to Our Business and Industry
  • Our business depends on the demand for our communications infrastructure (including towers, small cells and fiber), driven primarily by demand for data, and we may be adversely affected by any slowdown in such demand. Additionally, a reduction in the amount or change in the mix of network investment by our tenants may materially and adversely affect our business (including reducing demand for our communications infrastructure or services).
  • A substantial portion of our revenues is derived from a small number of tenants, and the loss, consolidation or financial instability of any of such tenants may materially decrease revenues, reduce demand for our communications infrastructure and services and impact our dividend per share growth.
  • The expansion or development of our business, including through acquisitions, increased product offerings or other strategic opportunities, may cause disruptions in our business, which may have an adverse effect on our business, operations or financial results.
  • Our Fiber business model contains certain differences from our Towers business model, resulting in different operational risks. If we do not successfully operate our Fiber business model or identify or manage the related operational risks through the closing of the Strategic Fiber Transaction, such operations may produce results that are lower than anticipated.
  • Failure to timely, efficiently and safely execute on our construction projects could adversely affect our business.
  • New technologies may reduce demand for our communications infrastructure or negatively impact our revenues.
  • If we fail to retain rights to our communications infrastructure, including the rights to land under our towers and the right-of-way and other agreements related to our small cells and fiber, our business may be adversely affected.
  • Our services business has historically experienced significant volatility in demand, which reduces the predictability of our results.
The other 23 risks
  • As a result of competition in our industry, we may find it more difficult to negotiate favorable rates on our new or renewing tenant contracts.
  • New wireless technologies may not deploy or be adopted by tenants as rapidly or in the manner projected.
  • If radio frequency emissions from wireless handsets or equipment on our communications infrastructure are demonstrated to cause negative health effects, potential future claims could adversely affect our operations, costs or revenues.
  • Cybersecurity breaches or other information technology disruptions could adversely affect our operations, business, and reputation.
  • If we do not continue to make appropriate investments in, and effectively implement and maintain, our information technology systems and digital capabilities, our business and operating results could be adversely affected.
  • Our business may be adversely impacted by climate-related events, natural disasters, including wildfires, and other unforeseen events.
  • Failure to attract, recruit and retain qualified and experienced employees could adversely affect our business, operations and costs.
  • Changes to management, including turnover of our top executives, could have an adverse effect on our business.
  • Actions that we are taking, or have completed, to restructure our business in alignment with our strategic priorities may not be as effective as anticipated.
  • Actions of activist stockholders could impact the pursuit of our business strategies and adversely affect our results of operations, financial condition, or stock price.
  • not be received, and separation of the Fiber Business from our current operations, and if these conditions are not satisfied or waived, the transaction will not be completed.
  • Risks Relating to Our Pending Sale of the Fiber Business
  • The pendency of the sale of our Fiber Business to Zayo and EQT may have an adverse effect on our business, results of operations, cash flows and financial position.
  • Completion of the Strategic Fiber Transaction is subject to the conditions contained in the Strategic Fiber Agreement, including regulatory approvals, which may not be received, and separation of the Fiber Business from our current operations, and if these conditions are not satisfied or waived, the transaction will not be completed.
  • The failure to complete the planned sale of the Fiber Business to Zayo and EQT could have a material and adverse effect on our business, results of operations, financial condition, cash flows, and stock price.
  • Our substantial level of indebtedness could adversely affect our ability to react to changes in our business, and the terms of our debt instruments limit our ability to take a number of actions that our management might otherwise believe to be in our best interests. In addition, if we fail to comply with our covenants, our debt could be accelerated.
  • We have a substantial amount of indebtedness. In the event we do not repay or refinance such indebtedness, we could face substantial liquidity issues and might be required to issue equity securities or securities convertible into equity securities, or sell some of our assets, possibly on unfavorable terms, to meet our debt payment obligations.
  • Sales or issuances of a substantial number of shares of our common stock or securities convertible into shares of our common stock may adversely affect the market price of our common stock.
  • Certain provisions of our Charter and By-laws and operative agreements, and domestic and international competition laws may make it more difficult for a third party to acquire control of us or for us to acquire control of a third party, even if such a change in control would be beneficial to our stockholders.
  • If we fail to comply with laws or regulations which regulate our business and which may change at any time, we may be fined or even lose our right to conduct some of our business.
  • Future dividend payments to our stockholders will reduce the availability of our cash on hand available to fund future discretionary investments, and may result in a need to incur indebtedness or issue equity securities to fund growth opportunities. In such event, the then current economic, credit market or equity market conditions will impact the availability or cost of such financing, which may hinder our ability to grow our per share results of operations.
  • Remaining qualified to be taxed as a REIT involves highly technical and complex provisions of the Code. Failure to remain qualified as a REIT would result in our inability to deduct dividends to stockholders when computing our taxable income, thereby increasing our tax obligations and reducing our available cash.
  • Complying with REIT requirements, including the 90% distribution requirement, may limit our flexibility or cause us to forgo otherwise attractive opportunities, including certain discretionary investments and potential financing alternatives.
  • REIT related ownership limitations and transfer restrictions may prevent or restrict certain transfers of our capital stock.

Legal proceedings

We are periodically involved in legal proceedings that arise in the ordinary course of business. Most of these proceedings arising in the ordinary course of business involve disputes with landlords, vendors, collection matters involving bankrupt tenants, zoning or siting matters, construction, condemnation, tax, employment, or wrongful termination matters. While the outcome of these matters cannot be predicted with certainty, management does not expect any pending matters to have a material adverse effect on us.

See the disclosure in note 13 to our consolidated financial statements.

The opening of Item 3, Legal Proceedings.19

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