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Crown Castle Inc. (CCI) FCF Payout Ratio: 67.82%

Is Crown Castle Inc.’s FCF payout ratio high or low?

Crown Castle Inc.'s FCF payout ratio of 67.82% is 53% below its 5-year average of 144.72%, near the low end of its 5-year range (72.35%–165.94%).

The FCF payout ratio for Crown Castle Inc. (CCI) is 67.82%. It is below its 12-month average by 41.26% (115.46%).

CCI FCF Payout Ratio Chart

CCI FCF Payout Ratio
72.35%-54.38% 1Y
Zoom

CCI Average FCF Payout Ratio Chart

CCI Current vs Average FCF Payout Ratio Chart

CCI FCF Payout Ratio Metrics

FCF PAYOUT RATIO

67.82%

FCF PAYOUT RATIO AVG TTM

115.46%

FCF PAYOUT RATIO AVG 3Y

139.21%

FCF PAYOUT RATIO AVG 5Y

144.72%

FCF PAYOUT RATIO AVG 10Y

172.16%

FCF PAYOUT RATIO AVG 15Y

132.12%

FCF PAYOUT RATIO AVG 20Y

109.12%

CURRENT VS TTM AVG

-41.26%

CURRENT VS 3Y AVG

-51.28%

CURRENT VS 5Y AVG

-53.14%

CURRENT VS 10Y AVG

-60.61%

CURRENT VS 15Y AVG

-48.67%

CURRENT VS 20Y AVG

-37.85%

Payout Ratio Comparison

FCF Payout Ratio

67.8%

Earnings Payout Ratio

416.7%

Dividend Yield

4.55%

FCF Yield

6.68%

Annual FCF Payout Ratio History

YearFree Cash FlowDividends PaidFCF Payout Ratio
2025$2.88B$2.08B72.3%
2024$1.72B$2.73B158.6%
2023$1.70B$2.72B160.0%
2022$1.57B$2.60B165.9%
2021$1.50B$2.37B158.4%
2020$1.43B$2.19B153.0%
2019$641.00M$2.02B315.9%
2018$761.00M$1.90B249.0%
2017$816.12M$1.54B188.5%
2016$908.38M$1.28B141.3%
2015$887.83M$1.16B130.7%
2014$886.05M$668.65M75.5%
2013$669.85M$00.0%
2012$331.17M$2.48M0.7%
2011$295.51M$19.49M6.6%
2010$375.37M$19.88M5.3%
2009$397.72M$19.88M5.0%
2008$62.27M$19.88M31.9%
2007$50.35M$19.88M39.5%
2006($147.01M)$19.88MN/A (Loss)
2005$143.86M$21.62M15.0%
2004$68.74M$9.51M13.8%
2003$141.13M$73.44M52.0%
2002($68.33M)$0N/A (Loss)
2001($551.17M)$0N/A (Loss)
2000($471.01M)$0N/A (Loss)
1999($1.41B)$1.20MN/A (Loss)
1998($104.20M)$0N/A (Loss)
1997($52.60M)$0N/A (Loss)

Formula: FCF Payout Ratio = Dividends Paid / Free Cash Flow × 100

FCF payout and earnings payout:

  • FCF represents operating cash flow after capital expenditures
  • FCF payout compares dividends paid with free cash flow
  • FCF payout above 100% means dividends paid exceeded free cash flow for the period
  • Earnings payout compares dividends paid with net income

Reading the series: Use the chart and table to compare dividend payments with cash generation over time.

Crown Castle Inc. FCF Payout Ratio Formula & Definition

FCF Payout Ratio measures what percentage of free cash flow is paid out as dividends. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Crown Castle Inc. FCF Payout Ratio FAQ

What is the FCF payout ratio for Crown Castle Inc. (CCI)?
The FCF payout ratio for CCI stock is 67.82%.
Is Crown Castle Inc.'s FCF payout ratio high or low?
Crown Castle Inc.'s FCF payout ratio of 67.82% is 53% below its 5-year average of 144.72%, near the low end of its 5-year range (72.35%–165.94%).
What is the TTM average FCF payout ratio for Crown Castle Inc. (CCI)?
The TTM average FCF payout ratio for CCI stock is 115.46%.
What is the 3Y average FCF payout ratio for Crown Castle Inc. (CCI)?
The 3Y average FCF payout ratio for CCI stock is 139.21%.
What is the 5Y average FCF payout ratio for Crown Castle Inc. (CCI)?
The 5Y average FCF payout ratio for CCI stock is 144.72%.
What is the 10Y average FCF payout ratio for Crown Castle Inc. (CCI)?
The 10Y average FCF payout ratio for CCI stock is 172.16%.
What is the 15Y average FCF payout ratio for Crown Castle Inc. (CCI)?
The 15Y average FCF payout ratio for CCI stock is 132.12%.
What is the 20Y average FCF payout ratio for Crown Castle Inc. (CCI)?
The 20Y average FCF payout ratio for CCI stock is 109.12%.

Crown Castle Inc. FCF Payout Ratio History

DATEFCF PAYOUT RATIO
2025-12-3172.35%
2024-12-31158.57%
2023-12-31159.99%
2022-12-31165.94%
2021-12-31158.41%
2020-12-31153.04%
2019-12-31315.91%
2018-12-31249.01%
2017-12-31188.53%
2016-12-31141.26%
2015-12-31130.70%
2014-12-3175.46%
2012-12-310.75%
2011-12-316.59%
2010-12-315.30%
2009-12-315.00%
2008-12-3131.92%
2007-12-3139.48%
2005-12-3115.03%
2004-12-3113.84%
2003-12-3152.04%

About Crown Castle Inc.

Crown Castle Inc. specializes in critical digital infrastructure across the United States. The company actively manages, operates, and leases an expansive network, featuring over 40,000 cellular communication towers and approximately 80,000 miles of fiber optic cable. This comprehensive infrastructure underpins both small cell deployments and various advanced fiber solutions, spanning every significant U.S. metropolitan area. Through these vital connections, Crown Castle links communities and urban centers to essential data, cutting-edge technology, and indispensable wireless services, thereby delivering crucial information, innovative concepts, and communication capabilities to individuals and enterprises alike. More information can be found at www.crowncastle.com.

Houston, TX
1,500 employees
Real Estate / REIT - Specialty
Sector
Real Estate
Industry
REIT - Specialty
CEO
Christian H. Hillabrant