Crown Historical Income Statement
CCI Stock | USD 95.23 1.45 1.55% |
Historical analysis of Crown Castle income statement accounts such as Interest Expense of 908.2 M, Selling General Administrative of 811.6 M or Total Revenue of 7.3 B can show how well Crown Castle performed in making a profits. Evaluating Crown Castle income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Crown Castle's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Crown Castle latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Crown Castle is a good buy for the upcoming year.
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About Crown Income Statement Analysis
Crown Castle Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Crown Castle shareholders. The income statement also shows Crown investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Crown Castle Income Statement Chart
Crown Castle Income Statement is one of the three primary financial statements used for reporting Crown's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Crown Castle revenue and expense. Crown Castle Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, Crown Castle's Total Revenue is increasing as compared to previous years. The Crown Castle's current Other Operating Expenses is estimated to increase to about 4.7 B, while Gross Profit is projected to decrease to under 1.9 B. Add Fundamental
Total Revenue
Total revenue comprises all receipts Crown Castle generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Crown Castle. It is also known as Crown Castle overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Crown Castle's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Crown Castle current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Crown Castle. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. For more detail on how to invest in Crown Stock please use our How to Invest in Crown Castle guide.As of now, Crown Castle's Total Revenue is increasing as compared to previous years. The Crown Castle's current Other Operating Expenses is estimated to increase to about 4.7 B, while Gross Profit is projected to decrease to under 1.9 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 4.3B | 4.9B | 3.3B | 1.9B | Total Revenue | 6.3B | 7.0B | 7.0B | 7.3B |
Crown Castle income statement Correlations
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Crown Castle Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Crown Castle income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 1.6B | 1.7B | 1.6B | 1.7B | 1.8B | 1.8B | |
Interest Expense | 683M | 689M | 657M | 699M | 865M | 908.3M | |
Selling General Administrative | 614M | 678M | 680M | 750M | 773M | 811.7M | |
Total Revenue | 5.8B | 5.8B | 6.3B | 7.0B | 7.0B | 7.3B | |
Gross Profit | 3.8B | 3.9B | 4.3B | 4.9B | 3.3B | 1.9B | |
Other Operating Expenses | 4.2B | 3.9B | 4.3B | 4.5B | 4.5B | 4.7B | |
Operating Income | 1.6B | 1.9B | 2.0B | 2.4B | 2.5B | 2.6B | |
Ebit | 1.6B | 1.9B | 2.0B | 2.4B | 2.5B | 2.6B | |
Ebitda | 3.2B | 3.6B | 3.6B | 4.2B | 4.2B | 4.5B | |
Cost Of Revenue | 2.0B | 2.0B | 2.0B | 2.1B | 3.7B | 3.9B | |
Total Operating Expenses | 2.2B | 1.9B | 2.3B | 2.5B | 788M | 1.1B | |
Income Before Tax | 884M | 1.1B | 1.2B | 1.7B | 1.5B | 1.6B | |
Total Other Income Expense Net | (678M) | (787M) | (822M) | (734M) | (960M) | (912M) | |
Net Income | 863M | 1.1B | 1.1B | 1.7B | 1.5B | 1.6B | |
Income Tax Expense | 19M | 21M | 20M | 16M | 26M | 27.3M | |
Net Income From Continuing Ops | 2.2B | 2.4B | 1.2B | 1.7B | 1.6B | 965.4M | |
Non Recurring | 32M | 84M | 22M | 36M | 41.4M | 50.2M | |
Non Operating Income Net Other | 5M | (98M) | (165M) | (35M) | (40.3M) | (42.3M) | |
Net Income Applicable To Common Shares | 747M | 999M | 1.1B | 1.7B | 1.9B | 2.0B | |
Tax Provision | 19M | 21M | 20M | 16M | 23M | 13.6M | |
Interest Income | 6M | 2M | 656M | 696M | 12M | 11.4M | |
Net Interest Income | (677M) | (687M) | (656M) | (696M) | (808M) | (848.4M) | |
Reconciled Depreciation | 1.6B | 1.6B | 1.6B | 1.7B | 1.7B | 1.7B |
Crown Castle Investors Sentiment
The influence of Crown Castle's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Crown. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Crown Castle's public news can be used to forecast risks associated with an investment in Crown. The trend in average sentiment can be used to explain how an investor holding Crown can time the market purely based on public headlines and social activities around Crown Castle. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Crown Castle's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Crown Castle's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Crown Castle's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Crown Castle.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Crown Castle in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Crown Castle's short interest history, or implied volatility extrapolated from Crown Castle options trading.
Pair Trading with Crown Castle
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Crown Castle position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Crown Castle will appreciate offsetting losses from the drop in the long position's value.Moving together with Crown Stock
0.87 | ELS | Equity Lifestyle Pro Financial Report 15th of July 2024 | PairCorr |
Moving against Crown Stock
0.86 | AIRC | Apartment me REIT Financial Report 6th of May 2024 | PairCorr |
0.76 | BRT | BRT Realty Trust Financial Report 13th of May 2024 | PairCorr |
0.73 | ELME | Elme Communities | PairCorr |
0.69 | NXRT | Nexpoint Residential Earnings Call This Week | PairCorr |
0.63 | CSR | Centerspace Financial Report 6th of May 2024 | PairCorr |
The ability to find closely correlated positions to Crown Castle could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Crown Castle when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Crown Castle - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Crown Castle to buy it.
The correlation of Crown Castle is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Crown Castle moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Crown Castle moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Crown Castle can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Crown Castle. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. For more detail on how to invest in Crown Stock please use our How to Invest in Crown Castle guide.Note that the Crown Castle information on this page should be used as a complementary analysis to other Crown Castle's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for Crown Stock analysis
When running Crown Castle's price analysis, check to measure Crown Castle's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Crown Castle is operating at the current time. Most of Crown Castle's value examination focuses on studying past and present price action to predict the probability of Crown Castle's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Crown Castle's price. Additionally, you may evaluate how the addition of Crown Castle to your portfolios can decrease your overall portfolio volatility.
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Is Crown Castle's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Crown Castle. If investors know Crown will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Crown Castle listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.27) | Dividend Share 6.26 | Earnings Share 3.2 | Revenue Per Share 15.772 | Quarterly Revenue Growth (0.07) |
The market value of Crown Castle is measured differently than its book value, which is the value of Crown that is recorded on the company's balance sheet. Investors also form their own opinion of Crown Castle's value that differs from its market value or its book value, called intrinsic value, which is Crown Castle's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Crown Castle's market value can be influenced by many factors that don't directly affect Crown Castle's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Crown Castle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Crown Castle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Crown Castle's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.