Crown Castle International Corp (CCI) Files 10-K for the Fiscal Year Ended on December 31, 2018

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Crown Castle International Corp (CCI) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Crown Castle International Corp operates wireless tower communication sites in the United States. It owns, operates and leases shared wireless infrastructure, including towers and other structures. Site rental generates maximum revenue for the company. Crown Castle International Corp has a market cap of $49.02 billion; its shares were traded at around $118.17 with a P/E ratio of 88.20 and P/S ratio of 9.06. The dividend yield of Crown Castle International Corp stocks is 3.62%. Crown Castle International Corp had annual average EBITDA growth of 11.50% over the past ten years. GuruFocus rated Crown Castle International Corp the business predictability rank of 2.5-star.


For the last quarter Crown Castle International Corp reported a revenue of $1.4 billion, compared with the revenue of $1.2 billion during the same period a year ago. For the latest fiscal year the company reported a revenue of $5.4 billion, an increase of 24.5% from last year. For the last five years Crown Castle International Corp had an average revenue growth rate of 10.5% a year.

The reported diluted earnings per share was $1.34 for the year, an increase of 32.7% from previous year. Over the last five years Crown Castle International Corp had an EPS growth rate of 20.7% a year. The Crown Castle International Corp enjoyed an operating margin of 27.38%, compared with the operating margin of 25.78% a year before. The 10-year historical median operating margin of Crown Castle International Corp is 27.83%. The profitability rank of the company is 8 (out of 10).

At the end of the fiscal year, Crown Castle International Corp has the cash and cash equivalents of $277.0 million, compared with $314.1 million in the previous year. The long term debt was $16.6 billion, compared with $16 billion in the previous year. The interest coverage to the debt is 2.3, which is not a favorable level. Crown Castle International Corp has a financial strength rank of 4 (out of 10).

At the current stock price of $118.17, Crown Castle International Corp is traded at 21.5% premium to its historical median P/S valuation band of $97.26. The P/S ratio of the stock is 9.06, while the historical median P/S ratio is 7.44. The intrinsic value of the stock is $14.34 a share, according to GuruFocus DCF Calculator. The stock gained 10.87% during the past 12 months.

Directors and Officers Recent Trades:

  • Director Edward C Jr Hutcheson bought 350 shares of CCI stock on 02/08/2019 at the average price of $117.95. The price of the stock has increased by 0.19% since.

  • SVP & Chief Commercial Officer Michael Joseph Kavanagh sold 2,500 shares of CCI stock on 02/25/2019 at the average price of $120.06. The price of the stock has decreased by 1.57% since.

For the complete 20-year historical financial data of CCI, click here.

This article first appeared on GuruFocus.


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