CCI Q1 2024 Earnings — Crown Castle Inc. Revenue & Financial Results | Market Cap Arena

CCICrown Castle Inc.

$39B

Q1 2024 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$1.1B-37.2% YoY

Gross Profit

$842M75.6% margin

Operating Income

$520M46.7% margin

Net Income

$311M27.9% margin

EPS (Diluted)

$0.71

QoQ Revenue Growth

-33.5%

Cash Flow

Operating Cash Flow

$599M

Free Cash Flow

$279M

Stock-Based Comp.

$24M

Balance Sheet

Total Assets

$38.2B

Total Liabilities

$32.2B

Stockholders' Equity

$6.0B

Cash & Equivalents

$125M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.1B	$1.8B	-37.2%
Gross Profit	$842M	$1.3B	-32.9%
Operating Income	$520M	$628M	-17.2%
Net Income	$311M	$418M	-25.6%

Revenue Segments

Towers

$1.1B68%

Fiber

$527M32%