CCI Q4 2023 Earnings — Crown Castle Inc. Revenue & Financial Results | Market Cap Arena

CCICrown Castle Inc.

$39B

Q4 2023 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$1.7B-5.1% YoY

Gross Profit

$1.2B72.9% margin

Operating Income

$588M35.1% margin

Net Income

$363M21.7% margin

EPS (Diluted)

$0.83

QoQ Revenue Growth

+0.4%

Cash Flow

Operating Cash Flow

$868M

Free Cash Flow

$511M

Stock-Based Comp.

$31M

Balance Sheet

Total Assets

$38.5B

Total Liabilities

$32.1B

Stockholders' Equity

$6.4B

Cash & Equivalents

$105M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.7B	$1.8B	-5.1%
Gross Profit	$1.2B	$1.2B	-1.8%
Operating Income	$588M	$612M	-3.9%
Net Income	$363M	$414M	-12.3%

Revenue Segments

Towers

$1.1B68%

Fiber

$531M32%