CCI Q3 2023 Earnings — Crown Castle Inc. Revenue & Financial Results | Market Cap Arena

CCICrown Castle Inc.

$39B

Q3 2023 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$1.7B-4.5% YoY

Gross Profit

$1.2B70.8% margin

Operating Income

$486M29.2% margin

Net Income

$265M15.9% margin

EPS (Diluted)

$0.61

QoQ Revenue Growth

-10.7%

Cash Flow

Operating Cash Flow

$533M

Free Cash Flow

$186M

Stock-Based Comp.

$35M

Balance Sheet

Total Assets

$38.7B

Total Liabilities

$32.0B

Stockholders' Equity

$6.7B

Cash & Equivalents

$117M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.7B	$1.7B	-4.5%
Gross Profit	$1.2B	$1.2B	-3.4%
Operating Income	$486M	$602M	-19.3%
Net Income	$265M	$419M	-36.8%

Revenue Segments

Towers

$1.2B70%

Fiber

$507M30%