CCI

Crown Castle

Halal Rating :
Uncomfortable
Last Price $91.08 Last updated:
Market Cap $39.57b
7D Change 6.24%
1 Year Change -16.26%
Company Overview Use of Interest Company Impact Justification for our Halal Rating Recent News

Company Overview

Industries
  • Finance
  • Insurance
  • And Real Estate
  • Trading
  • REIT
Exchange NYSE
Next Earnings Date Oct. 16, 2024

Crown Castle Inc. is one of the largest providers of shared communications infrastructure in the United States. The company owns, operates, and leases a large portfolio of wireless infrastructure including towers, small cells, and fiber networks. Their infrastructure is essential for wireless carriers, broadcasters, and other wireless communication companies to provide their services.

The company primarily generates revenue through long-term leases of its infrastructure to wireless carriers and other telecommunications companies. Their business model focuses on owning and managing critical communications infrastructure while leasing it to multiple tenants, creating a steady stream of recurring revenue.

Use of Interest

Reporting Date Total Revenue Total Operating Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
Sept. 30, 2024 $1.65b $1.34b - $236.0m 0.00% 17.56%
June 30, 2024 $1.63b $1.37b - $230.0m 0.00% 16.78%
March 31, 2024 $1.64b $1.33b - $226.0m 0.00% 17.01%

Company Impact

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