CCI · REIT · FFO, book-value and yield view
Crown Castle Inc. (CCI): Valuation Snapshot
Crown Castle Inc. (CCI) is a real-estate investment trust, and a discounted-cash-flow model is the wrong lens for one, so TickerWorth does not publish a DCF fair value for it. What its filings and market data do show is below. Snapshot as of Oct 20, 2026.
Model by Miraaj Patel · generated from public market data · Updated Oct 20, 2026 · How these pages are made
How is a REIT like CCI valued?
This is a REIT. A free-cash-flow DCF is structurally the wrong lens for property: heavy depreciation and continuous property capex swamp reported free cash flow, which is why REITs are valued on FFO/AFFO, net asset value and dividend yield. We show those lenses instead of a DCF number we would not stand behind.
What is CCI's TickerWorth Score?
Scores lower than most companies we compare it with
Compared with Real Estate companies in US
Its strongest point: a profitable, high-quality business. Its weakest: looks expensive on the numbers.
- Value · 27 of 100
Cheaper than 27% of Real Estate companies in US
- Price vs worth · — of 100
- Quality · 63 of 100
More profitable than 63% of Real Estate companies in US
- Financial health · 38 of 100
Financially stronger than 38% of Real Estate companies in US
- Growth · 30 of 100
Growing faster than 30% of Real Estate companies in US
- Momentum · 46 of 100
Outperformed 46% of Real Estate companies in US over the past year
Confidence: Medium confidence · Scored
Get the Undervalued Company of the Week.
- Price
- $81.14
- Market cap
- $34,
521, 452, 544 - 52-week high
- $100.50
- 52-week low
- $65.32
- Currency
- USD
- Exchange
- NYSE
Snapshot of Oct 20, 2026, quote time not published · Prices are delayed.
What we can say
Crown Castle Inc. (CCI) is a real-estate investment trust, and a free-cash-flow discounted-cash-flow (DCF) model is structurally the wrong lens for one. A REIT's reported free cash flow is swamped by property depreciation and the continuous capital spending that maintaining a portfolio requires, which is why the industry is valued on funds from operations (FFO/AFFO), net asset value and dividend yield instead. We have the data to print a DCF number for CCI; we don't publish one because it would not mean what it appears to mean. What follows is how a REIT is actually read — descriptive, not a valuation, and not investment advice.
Read the full reasoning
On the numbers we do have, CCI trades at a recent price of $81.14, a market capitalisation of about $34,521,452,544, sitting 45% of the way up its 52-week range ($65.32–$100.50), on the NYSE.
The standard alternative to a DCF is relative valuation — comparing CCI's trading multiples against a sector benchmark. Here that gives P/E of 33.0× (richer than the peer median of 28.3×); Fwd P/E of 27.9× (cheaper than the peer median of 36.3×); P/S of 8.3× (cheaper than the peer median of 9.8×); EV/EBITDA of 21.1× (richer than the peer median of 19.2×); Dividend yield of 5.2% (cheaper than the peer median of 3.9%). A cheaper multiple than peers can flag a discount or a market that expects weaker growth; it is a comparison, not a recommendation.
Finally, a price-based read — explicitly not a valuation. CCI is in a mixed trend, trading -19.3% from its 52-week high. Over the past year the stock is -17.8%. Moving-average trend and 52-week position describe where the stock has traded; they say nothing about what it is worth.
To be exact about what this page is not: we are not saying the numbers for CCI are unavailable. They are, and they are above. We are saying a discounted-cash-flow model is the wrong instrument for this kind of business, and publishing one anyway — because the inputs happen to exist — would be a precise answer to the wrong question. Refusing is the more useful answer, and it is the same rule we apply to every name in this category.
CCI vs peers
Sector benchmark (bellwethers, not direct competitors).
| Multiple | CCI | Peer median | Read |
|---|---|---|---|
| P/E | 33.0× | 28.3× | richer than |
| Fwd P/E | 27.9× | 36.3× | cheaper than |
| P/S | 8.3× | 9.8× | cheaper than |
| EV/EBITDA | 21.1× | 19.2× | richer than |
| Dividend yield | 5.2% | 3.9% | cheaper than |
What does Crown Castle Inc. do?
What does it do?
Crown Castle owns, operates and leases approximately 40,000 cell towers across the U.S. This nationwide portfolio serves as the foundation of wireless connectivity that provides cities and communities access to essential data, technology and wireless service bringing information, ideas, innovations and the connectivity of modern life to help people and businesses thrive. It operates in the REIT - Specialty industry (Real Estate sector), headquartered in United States. The company employs roughly 1,500 people.
How does it make money?
The business turns $215M in annual revenue into profit. Out of every $100 of sales, about $47 is left as operating profit (operating margin of 46.8%), after a 74% gross margin on the products/services it sells. After all costs, taxes and interest, 20.7% of revenue becomes bottom-line net profit.
Is it financially healthy?
Financially it looks stretched: may struggle to cover its short-term bills (0.5× current ratio), and is currently profitable.
Who at CCI filed insider trades?
| Date | Insider | Relationship | What happened | Value | Filing |
|---|---|---|---|---|---|
| Hillabrant Christian H | Director, President and CEO | Option exercise | — | Form 4 for Hillabrant Christian H (opens sec.gov in a new tab) | |
| Hillabrant Christian H | Director, President and CEO | Option exercise | — | Form 4 for Hillabrant Christian H (opens sec.gov in a new tab) | |
| Hillabrant Christian H | Director, President and CEO | Shares withheld (tax) | $901,907.20 | Form 4 for Hillabrant Christian H (opens sec.gov in a new tab) | |
| Collins Robert Sean | Vice President and Controller | Open-market sale | $113,835.00 | Form 4 for Collins Robert Sean (opens sec.gov in a new tab) | |
| Stephens Kevin A | Director | Open-market buy | $73,996.80 | Form 4 for Stephens Kevin A (opens sec.gov in a new tab) | |
| Adams Edward B JR | EVP and General Counsel | Grant / award | — | Form 4 for Adams Edward B JR (opens sec.gov in a new tab) |
A disclosure, not a signal to trade. Source: SEC EDGAR (Form 4). Older filings and the 90-day buying-and-selling read are part of Pro. See plans
Companies we do put a number on
Not investment advice. TickerWorth Score is a model output.
A descriptive, available-data snapshot and relative comparison — NOT a DCF, NOT a price target, and NOT investment advice. TickerWorth is not a licensed investment adviser, and these figures are estimates from public market data that can be wrong, stale or incomplete.
Save this valuation
CCI goes on your watchlist, where its valuation is re-run as new filings land — so you read the current number, not the one from today.