Crown Castle annual net debt
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2025
Crown Castle Net Debt Growth & History (CCI)
Crown Castle's net debt was $29.47B for fiscal 2025.
View full Crown Castle company overviewCrown Castle annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $29.47B | −$19.0M | −0.06% |
| 2024 | 2024-12-31 | $29.49B | $777.0M | +2.71% |
| 2023 | 2023-12-31 | $28.71B | $905.0M | +3.25% |
| 2022 | 2022-12-31 | $27.80B | $1.09B | +4.07% |
| 2021 | 2021-12-31 | $26.72B | $1.53B | +6.08% |
| 2020 | 2020-12-31 | $25.18B | $1.45B | +6.11% |
| 2019 | 2019-12-31 | $23.73B | $7.33B | +44.68% |
| 2018 | 2018-12-31 | $16.41B | $560.0M | +3.53% |
| 2017 | 2017-12-31 | $15.85B | $4.24B | +36.56% |
| 2016 | 2016-12-31 | $11.60B | −$368.0M | −3.07% |
| 2015 | 2015-12-31 | $11.97B | $201.6M | +1.71% |
| 2014 | 2014-12-31 | $11.77B | $398.4M | +3.50% |
| 2013 | 2013-12-31 | $11.37B | $201.2M | +1.80% |
| 2012 | 2012-12-31 | $11.17B | $4.36B | +64.13% |
| 2011 | 2011-12-31 | $6.81B | $139.2M | +2.09% |
| 2010 | 2010-12-31 | $6.67B | $853.4M | +14.68% |
| 2009 | 2009-12-31 | $5.81B | −$128.5M | −2.16% |
| 2008 | 2008-12-31 | $5.94B | — | — |
Crown Castle quarterly net debt
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Q3.24
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Q1.25
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Q3.25
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Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $22.36B | −$7.11B | −24.12% |
| Q1 2026 | 2026-03-31 | $29.82B | $209.0M | +0.71% |
| Q4 2025 | 2025-12-31 | $29.47B | −$19.0M | −0.06% |
| Q3 2025 | 2025-09-30 | $29.52B | $76.0M | +0.26% |
| Q2 2025 | 2025-06-30 | $29.47B | $246.0M | +0.84% |
| Q1 2025 | 2025-03-31 | $29.61B | $616.0M | +2.12% |
| Q4 2024 | 2024-12-31 | $29.49B | $777.0M | +2.71% |
| Q3 2024 | 2024-09-30 | $29.44B | $830.0M | +2.90% |
| Q2 2024 | 2024-06-30 | $29.23B | $992.0M | +3.51% |
| Q1 2024 | 2024-03-31 | $29.00B | $668.0M | +2.36% |
| Q4 2023 | 2023-12-31 | $28.71B | $905.0M | +3.25% |
| Q3 2023 | 2023-09-30 | $28.61B | $1.02B | +3.69% |
| Q2 2023 | 2023-06-30 | $28.23B | $868.0M | +3.17% |
| Q1 2023 | 2023-03-31 | $28.33B | $1.08B | +3.98% |
| Q4 2022 | 2022-12-31 | $27.80B | $1.09B | +4.07% |
| Q3 2022 | 2022-09-30 | $27.59B | $1.24B | +4.71% |
| Q2 2022 | 2022-06-30 | $27.37B | $1.32B | +5.06% |
| Q1 2022 | 2022-03-31 | $27.25B | $1.44B | +5.58% |
| Q4 2021 | 2021-12-31 | $26.72B | $1.53B | +6.08% |
| Q3 2021 | 2021-09-30 | $26.35B | $1.26B | +5.03% |
| Q2 2021 | 2021-06-30 | $26.05B | $1.53B | +6.22% |
| Q1 2021 | 2021-03-31 | $25.81B | $1.55B | +6.41% |
| Q4 2020 | 2020-12-31 | $25.18B | $1.45B | +6.11% |
| Q3 2020 | 2020-09-30 | $25.09B | $1.65B | +7.03% |
| Q2 2020 | 2020-06-30 | $24.52B | $1.52B | +6.63% |
| Q1 2020 | 2020-03-31 | $24.25B | $1.66B | +7.33% |
| Q4 2019 | 2019-12-31 | $23.73B | $7.33B | +44.68% |
| Q3 2019 | 2019-09-30 | $23.44B | $7.34B | +45.61% |
| Q2 2019 | 2019-06-30 | $23.00B | $7.25B | +46.01% |
| Q1 2019 | 2019-03-31 | $22.60B | $7.07B | +45.54% |
| Q4 2018 | 2018-12-31 | $16.41B | $560.0M | +3.53% |
| Q3 2018 | 2018-09-30 | $16.10B | $7.62B | +89.75% |
| Q2 2018 | 2018-06-30 | $15.75B | $2.11B | +15.46% |
| Q1 2018 | 2018-03-31 | $15.53B | $2.24B | +16.84% |
| Q4 2017 | 2017-12-31 | $15.85B | $4.24B | +36.56% |
| Q3 2017 | 2017-09-30 | $8.49B | −$3.95B | −31.77% |
| Q2 2017 | 2017-06-30 | $13.64B | $1.42B | +11.60% |
| Q1 2017 | 2017-03-31 | $13.29B | $1.60B | +13.67% |
| Q4 2016 | 2016-12-31 | $11.60B | −$368.0M | −3.07% |
| Q3 2016 | 2016-09-30 | $12.44B | $479.5M | +4.01% |
| Q2 2016 | 2016-06-30 | $12.22B | $1.43B | +13.26% |
| Q1 2016 | 2016-03-31 | $11.69B | −$139.6M | −1.18% |
| Q4 2015 | 2015-12-31 | $11.97B | $201.6M | +1.71% |
| Q3 2015 | 2015-09-30 | $11.96B | $622.1M | +5.49% |
| Q2 2015 | 2015-06-30 | $10.79B | −$550.1M | −4.85% |
| Q1 2015 | 2015-03-31 | $11.83B | $457.1M | +4.02% |
| Q4 2014 | 2014-12-31 | $11.77B | $398.4M | +3.50% |
| Q3 2014 | 2014-09-30 | $11.34B | $778.3M | +7.37% |
| Q2 2014 | 2014-06-30 | $11.34B | $681.1M | +6.39% |
| Q1 2014 | 2014-03-31 | $11.37B | $697.5M | +6.53% |
| Q4 2013 | 2013-12-31 | $11.37B | $201.2M | +1.80% |
| Q3 2013 | 2013-09-30 | $10.56B | $2.29B | +27.74% |
| Q2 2013 | 2013-06-30 | $10.66B | $2.37B | +28.59% |
| Q1 2013 | 2013-03-31 | $10.68B | $3.32B | +45.10% |
| Q4 2012 | 2012-12-31 | $11.17B | $4.36B | +64.13% |
| Q3 2012 | 2012-09-30 | $8.26B | $1.40B | +20.45% |
| Q2 2012 | 2012-06-30 | $8.29B | $1.58B | +23.59% |
| Q1 2012 | 2012-03-31 | $7.36B | $707.2M | +10.63% |
| Q4 2011 | 2011-12-31 | $6.81B | $139.2M | +2.09% |
| Q3 2011 | 2011-09-30 | $6.86B | $549.0M | +8.70% |
| Q2 2011 | 2011-06-30 | $6.71B | $561.3M | +9.13% |
| Q1 2011 | 2011-03-31 | $6.65B | $678.8M | +11.37% |
| Q4 2010 | 2010-12-31 | $6.67B | $853.4M | +14.68% |
| Q3 2010 | 2010-09-30 | $6.31B | $558.5M | +9.71% |
| Q2 2010 | 2010-06-30 | $6.15B | $208.5M | +3.51% |
| Q1 2010 | 2010-03-31 | $5.97B | — | — |
| Q4 2009 | 2009-12-31 | $5.81B | −$128.5M | −2.16% |
| Q3 2009 | 2009-09-30 | $5.75B | — | — |
| Q2 2009 | 2009-06-30 | $5.94B | — | — |
| Q4 2008 | 2008-12-31 | $5.94B | — | — |
Crown Castle net debt trends
Over the last five fiscal years, Crown Castle's net debt increased from $25.18B to $29.47B, a change of $4.28B. The latest reported quarter, Q2 2026, shows $22.36B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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