CCI Q2 2024 Earnings — Crown Castle Inc. Revenue & Financial Results | Market Cap Arena

CCICrown Castle Inc.

$39B

Q2 2024 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$1.1B-40.7% YoY

Gross Profit

$833M75.2% margin

Operating Income

$495M44.7% margin

Net Income

$251M22.7% margin

EPS (Diluted)

$0.58

QoQ Revenue Growth

-0.6%

Cash Flow

Operating Cash Flow

$768M

Free Cash Flow

$439M

Stock-Based Comp.

$40M

Balance Sheet

Total Assets

$38.2B

Total Liabilities

$32.6B

Stockholders' Equity

$5.7B

Cash & Equivalents

$155M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.1B	$1.9B	-40.7%
Gross Profit	$833M	$1.3B	-38.1%
Operating Income	$495M	$667M	-25.8%
Net Income	$251M	$455M	-44.8%

Revenue Segments

Towers

$1.1B68%

Fiber

$519M32%