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Operating Income for Crown Castle (CCI)

According to Crown Castle's latest reported financial statements, the company's current operating income (TTM) is $2.02B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.

Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

TTM (last 4 quarters)

$2.02B

YoY change

-170.8%

5Y CAGR

+2.2%

Peak year (2022)

$2.42B

Cumulative operating income

$18.23B

Operating Income history chart for Crown Castle (CCI) from 1997 to 2025

Operating Income history table for Crown Castle (CCI) from 1997 to 2025

Fiscal yearPeriod endedReportedOperating IncomeYoY
2025$2.08B-170.8%
2024-$2.94B-224.0%
2023$2.37B-2.3%
2022$2.42B+21.2%
2021$2.00B+7.4%
2020$1.86B+19.5%
2019$1.56B+12.7%
2018$1.38B+43.0%
2017$967.00M+1.9%
2016$949.00M+0.3%
2015$946.18M+0.6%
2014$940.68M+6.8%
2013$880.70M+5.5%
2012$834.68M+20.6%
2011$692.30M+20.3%
2010$575.37M+32.6%
2009$433.99M+48.4%
2008$292.51M+193.9%
2007$99.53M-18.0%
2006$121.43M+401.6%
2005$24.21M-189.0%
2004-$27.19M-59.0%
2003-$66.39M-48.1%
2002-$127.92M+106.0%
2001-$62.10M-1292.1%
2000$5.21M-46.8%
1999$9.80M-9900.0%
1998-$100,000-97.1%
1997-$3.40M

Operating Income values are taken from Crown Castle's reported income 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

The 2025 reading of Crown Castle (CCI) operating income is $2.08B – plunged 170.8% year-over-year.

Over 2020–2025 (5 years), Crown Castle operating income expanded at a +2.2% compound annual rate, with the latest reading among the more recent periods of the dataset.

Crown Castle operating income declined from $2.42B in 2022 to $2.08B in 2025, a 14.3% drawdown.

$2.42B stands as the all-time-high annual operating income, posted in 2022, against a low of -$2.94B during 2024.

Within Real Estate, Crown Castle (CCI) ranks 5th among 8 peers we track. The peer median for operating income is $2.05B.

Crown Castle Operating Income by Year

Crown Castle Operating Income 2025: $2.08B

Crown Castle operating income in 2025 was $2.08B, plunged 170.8% below 2024.

Crown Castle Operating Income 2024: -$2.94B

Crown Castle operating income in 2024 was -$2.94B, plunged 224.0% below 2023. This figure represents the lowest annual value in the available history.

Crown Castle Operating Income 2023: $2.37B

Crown Castle operating income in 2023 was $2.37B, edged down 2.3% below 2022.

Crown Castle Operating Income 2022: $2.42B

Crown Castle operating income in 2022 was $2.42B, grew 21.2% from 2021. This figure represents the highest annual value in the available history.

Crown Castle Operating Income 2021: $2.00B

Crown Castle operating income in 2021 was $2.00B.

See more financial history for Crown Castle (CCI).

Sector peers — Operating Income

Companies in the same sector as Crown Castle, ranked by their latest operating income.

CompanyOperating IncomeSector
American Tower Corporation (AMT)$4.88BReal Estate
Prologis, Inc. (PLD)$3.54BReal Estate
Simon Property Group, Inc. (SPG)$3.18BReal Estate
Public Storage (PSA)$2.25BReal Estate
Equinix, Inc. (EQIX)$1.85BReal Estate
Realty Income Corporation (O)$1.63BReal Estate
Digital Realty Trust, Inc. (DLR)$658.49MReal Estate
Welltower Inc. (WELL)$355.17MReal Estate

Frequently asked questions

What is Crown Castle's operating income?

Latest reported operating income for Crown Castle (CCI) is $2.02B (period ending March 31, 2026).

How has Crown Castle operating income changed year-over-year?

Crown Castle (CCI) operating income changed -170.8% year-over-year on the latest annual filing.

What is the long-term growth rate of Crown Castle operating income?

Crown Castle (CCI) operating income compound annual growth rate is +2.2% over the most recent 5 years available.

When did Crown Castle operating income hit its highest annual value?

Crown Castle operating income reached its highest annual value of $2.42B in 2022.

What was Crown Castle operating income in 2024?

Crown Castle (CCI) operating income in 2024 was -$2.94B.

What was Crown Castle operating income in 2025?

Crown Castle (CCI) operating income in 2025 was $2.08B.

Metrics overview

Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.