CCI Q2 2023 Earnings — Crown Castle Inc. Revenue & Financial Results | Market Cap Arena

CCICrown Castle Inc.

$39B

Q2 2023 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$1.9B+7.7% YoY

Gross Profit

$1.3B72.0% margin

Operating Income

$667M35.7% margin

Net Income

$455M24.4% margin

EPS (Diluted)

$1.05

QoQ Revenue Growth

+5.3%

Cash Flow

Operating Cash Flow

$1.1B

Free Cash Flow

$740M

Stock-Based Comp.

$50M

Balance Sheet

Total Assets

$39.0B

Total Liabilities

$32.0B

Stockholders' Equity

$7.0B

Cash & Equivalents

$276M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.9B	$1.7B	+7.7%
Gross Profit	$1.3B	$1.2B	+10.2%
Operating Income	$667M	$593M	+12.5%
Net Income	$455M	$421M	+8.1%

Revenue Segments

Towers

$1.2B64%

Fiber

$663M36%