Crown Castle

Halal Rating :
Uncomfortable
Last Price $103
Market Cap $44.97b
1D Change

-1.2 %

1 Year Change

2.66 %

Next Earnings Date

Yet to be announced

Company Overview

Crown Castle owns, operates and leases more than 40,000 cell towers and approximately 80,000 route miles of fiber supporting small cells and fiber solutions. This nationwide portfolio of communications infrastructure connects cities and communities to essential data, technology and wireless service.

Revenue Sources

Pass

Based on Crown Castle's financial statements and business model, their revenue primarily comes from leasing communications infrastructure. This core business activity involves providing real assets and services that create tangible value for their customers. There is no evidence of revenue from gambling, alcohol, tobacco, or other haram sources.

Reliance on Interest

Reporting Date Total Revenue Total Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
Dec. 31, 2024 $1.65b $6.39b - $240.0m 0.00% 3.75%
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%

Analyzing the last four quarters of financial data: Interest expense has consistently been a significant portion of total expenses, ranging from about 17-18% of total expenses across all quarters examined. This level of interest expense indicates that interest plays a material role in the company's operations and financing structure.

Operational Ethics

Pass

After reviewing Crown Castle's operations and public disclosures, there is no evidence of significant ongoing associations with entities involved in human rights violations. The company's operations are primarily focused in the United States.

Rating Justification

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