CCI Q1 2023 Earnings — Crown Castle Inc. Revenue & Financial Results | Market Cap Arena

CCICrown Castle Inc.

$39B

Q1 2023 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$1.8B+1.8% YoY

Gross Profit

$1.3B70.7% margin

Operating Income

$628M35.4% margin

Net Income

$418M23.6% margin

EPS (Diluted)

$0.96

QoQ Revenue Growth

+0.5%

Cash Flow

Operating Cash Flow

$606M

Free Cash Flow

$265M

Stock-Based Comp.

$41M

Balance Sheet

Total Assets

$39.1B

Total Liabilities

$31.8B

Stockholders' Equity

$7.2B

Cash & Equivalents

$187M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.8B	$1.7B	+1.8%
Gross Profit	$1.3B	$1.2B	+1.7%
Operating Income	$628M	$618M	+1.6%
Net Income	$418M	$421M	-0.7%

Revenue Segments

Towers

$1.2B69%

Fiber

$546M31%