Capital Expenditures for Crown Castle (CCI)
According to Crown Castle's latest reported financial statements, the company's current capital expenditures (TTM) is $199.00M USD. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
CCI
Currently viewingCapital ExpendituresSwitch metric
Latest period
$199.00M
YoY change
-85.1%
5Y CAGR
-35.4%
Peak year (2019)
$2.06B
Cumulative capital expenditures
$21.05B
CapEx history chart for Crown Castle (CCI) from 1997 to 2025
CapEx history table for Crown Castle (CCI) from 1997 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY |
|---|---|---|---|---|
| 2025 | $182.00M | -85.1% | ||
| 2024 | $1.22B | -14.2% | ||
| 2023 | $1.42B | +8.7% | ||
| 2022 | $1.31B | +6.6% | ||
| 2021 | $1.23B | -24.3% | ||
| 2020 | $1.62B | -21.1% | ||
| 2019 | $2.06B | +18.2% | ||
| 2018 | $1.74B | +41.8% | ||
| 2017 | $1.23B | +40.5% | ||
| 2016 | $873.88M | -3.9% | ||
| 2015 | $908.89M | +16.5% | ||
| 2014 | $780.08M | +37.4% | ||
| 2013 | $567.81M | +28.6% | ||
| 2012 | $441.38M | +26.9% | ||
| 2011 | $347.94M | +52.6% | ||
| 2010 | $228.06M | +31.4% | ||
| 2009 | $173.53M | -61.5% | ||
| 2008 | $450.73M | +50.2% | ||
| 2007 | $300.00M | -30.0% | ||
| 2006 | $428.43M | +562.4% | ||
| 2005 | $64.68M | +49.2% | ||
| 2004 | $43.35M | -63.5% | ||
| 2003 | $118.91M | -57.1% | ||
| 2002 | $277.26M | -59.4% | ||
| 2001 | $683.10M | +7.3% | ||
| 2000 | $636.51M | -57.6% | ||
| 1999 | $1.50B | +906.9% | ||
| 1998 | $149.20M | +186.9% | ||
| 1997 | $52.00M | — |
CapEx values are taken from Crown Castle's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
Crown Castle (CCI) most recent annual capital expenditures stands at $182.00M (2025) – plunged 85.1% year-over-year.
Through 2020–2025 (5 years), Crown Castle capital expenditures delivered a -35.4% annualised rate; with a net decline across the window.
Crown Castle capital expenditures peaked at $2.06B in 2019; the latest annual figure is $182.00M in 2025 (91.2% below peak).
2019 marks the peak capital expenditures at $2.06B, with the historical low of $43.35M recorded in 2004.
Within Real Estate, Crown Castle (CCI) ranks 5th among 8 peers we track. The peer median for capital expenditures is $210.59M.
Crown Castle Capital Expenditures by Year
Crown Castle Capital Expenditures 2025: $182.00M
Crown Castle capital expenditures in 2025 was $182.00M, plunged 85.1% below 2024.
Crown Castle Capital Expenditures 2024: $1.22B
Crown Castle capital expenditures in 2024 was $1.22B, declined 14.2% below 2023.
Crown Castle Capital Expenditures 2023: $1.42B
Crown Castle capital expenditures in 2023 was $1.42B, grew 8.7% from 2022.
Crown Castle Capital Expenditures 2022: $1.31B
Crown Castle capital expenditures in 2022 was $1.31B, grew 6.6% from 2021.
Crown Castle Capital Expenditures 2021: $1.23B
Crown Castle capital expenditures in 2021 was $1.23B.
See more financial history for Crown Castle (CCI).
Sector peers — CapEx
Companies in the same sector as Crown Castle, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| Equinix, Inc. (EQIX) | $4.31B | Real Estate |
| American Tower Corporation (AMT) | $1.68B | Real Estate |
| Simon Property Group, Inc. (SPG) | $912.35M | Real Estate |
| Public Storage (PSA) | $289.38M | Real Estate |
| Realty Income Corporation (O) | $131.80M | Real Estate |
| Welltower Inc. (WELL) | $33.80M | Real Estate |
| Prologis, Inc. (PLD) | $0 | Real Estate |
| Digital Realty Trust, Inc. (DLR) | $0 | Real Estate |
Frequently asked questions
What is Crown Castle's capital expenditures?
- Latest reported capital expenditures for Crown Castle (CCI) is $199.00M (period ending March 31, 2026).
How has Crown Castle capital expenditures changed year-over-year?
- Crown Castle (CCI) capital expenditures changed -85.1% year-over-year on the latest annual filing.
What is the long-term growth rate of Crown Castle capital expenditures?
- Crown Castle (CCI) capital expenditures compound annual growth rate is -35.4% over the most recent 5 years available.
When did Crown Castle capital expenditures hit its highest annual value?
- Crown Castle capital expenditures reached its highest annual value of $2.06B in 2019.
What was Crown Castle capital expenditures in 2024?
- Crown Castle (CCI) capital expenditures in 2024 was $1.22B.
What was Crown Castle capital expenditures in 2025?
- Crown Castle (CCI) capital expenditures in 2025 was $182.00M.
Metrics overview
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