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Side-by-side financial comparison of Crown Castle (CCI) and Ingredion Inc (INGR). Click either name above to swap in a different company.

Ingredion Inc is the larger business by last-quarter revenue ($1.8B vs $1.0B, roughly 1.7× Crown Castle). Crown Castle runs the higher net margin — 77.2% vs 9.5%, a 67.7% gap on every dollar of revenue. On growth, Ingredion Inc posted the faster year-over-year revenue change (-2.4% vs -4.8%). Ingredion Inc produced more free cash flow last quarter ($270.0M vs $-43.0M). Over the past eight quarters, Ingredion Inc's revenue compounded faster (-3.4% CAGR vs -4.5%).

Crown Castle Inc. is a real estate investment trust and provider of shared communications infrastructure in the United States headquartered in Houston, Texas. Operating with 100 offices worldwide, its network includes over 40,000 cell towers and approximately 85,000 route miles of fiber supporting small cells and fiber systems.

Ingredion Inc. is an American food and beverage ingredient provider based in Westchester, Illinois, producing mainly starches, non-GMO sweeteners, stevia, and pea protein. The company turns corn, tapioca, potatoes, plant-based stevia, grains, fruits, gums and other vegetables into ingredients for the food, beverage, brewing, and pharmaceutical industries and numerous industrial sectors. It has about 12,000 employees in 44 locations, and customers in excess of 120 countries.

CCI vs INGR — Head-to-Head

Bigger by revenue
INGR
INGR
1.7× larger
INGR
$1.8B
$1.0B
CCI
Growing faster (revenue YoY)
INGR
INGR
+2.4% gap
INGR
-2.4%
-4.8%
CCI
Higher net margin
CCI
CCI
67.7% more per $
CCI
77.2%
9.5%
INGR
More free cash flow
INGR
INGR
$313.0M more FCF
INGR
$270.0M
$-43.0M
CCI
Faster 2-yr revenue CAGR
INGR
INGR
Annualised
INGR
-3.4%
-4.5%
CCI

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CCI
CCI
INGR
INGR
Revenue
$1.0B
$1.8B
Net Profit
$780.0M
$167.0M
Gross Margin
24.5%
Operating Margin
12.5%
Net Margin
77.2%
9.5%
Revenue YoY
-4.8%
-2.4%
Net Profit YoY
76.0%
72.2%
EPS (diluted)
$1.80
$2.58

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CCI
CCI
INGR
INGR
Q1 26
$1.0B
Q4 25
$1.1B
$1.8B
Q3 25
$1.1B
$1.8B
Q2 25
$1.1B
$1.8B
Q1 25
$1.1B
$1.8B
Q4 24
$1.1B
$1.8B
Q3 24
$1.1B
$1.9B
Q2 24
$1.1B
$1.9B
Net Profit
CCI
CCI
INGR
INGR
Q1 26
$780.0M
Q4 25
$294.0M
$167.0M
Q3 25
$323.0M
$171.0M
Q2 25
$291.0M
$196.0M
Q1 25
$-464.0M
$197.0M
Q4 24
$97.0M
Q3 24
$303.0M
$188.0M
Q2 24
$251.0M
$148.0M
Gross Margin
CCI
CCI
INGR
INGR
Q1 26
Q4 25
97.4%
24.5%
Q3 25
97.2%
25.1%
Q2 25
97.5%
26.0%
Q1 25
97.4%
25.7%
Q4 24
97.7%
24.9%
Q3 24
97.6%
25.6%
Q2 24
97.7%
23.7%
Operating Margin
CCI
CCI
INGR
INGR
Q1 26
Q4 25
48.8%
12.5%
Q3 25
49.0%
13.7%
Q2 25
47.7%
14.8%
Q1 25
49.1%
15.2%
Q4 24
51.0%
9.0%
Q3 24
47.5%
14.3%
Q2 24
44.7%
12.8%
Net Margin
CCI
CCI
INGR
INGR
Q1 26
77.2%
Q4 25
27.5%
9.5%
Q3 25
30.1%
9.4%
Q2 25
27.5%
10.7%
Q1 25
-43.7%
10.9%
Q4 24
5.4%
Q3 24
27.1%
10.1%
Q2 24
22.7%
7.9%
EPS (diluted)
CCI
CCI
INGR
INGR
Q1 26
$1.80
Q4 25
$0.67
$2.58
Q3 25
$0.74
$2.61
Q2 25
$0.67
$2.99
Q1 25
$-1.07
$3.00
Q4 24
$1.43
Q3 24
$0.70
$2.83
Q2 24
$0.58
$2.22

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CCI
CCI
INGR
INGR
Cash + ST InvestmentsLiquidity on hand
$55.0K
$1.0B
Total DebtLower is stronger
Stockholders' EquityBook value
$4.3B
Total Assets
$31.4M
$7.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CCI
CCI
INGR
INGR
Q1 26
$55.0K
Q4 25
$99.0M
$1.0B
Q3 25
$57.0M
$915.0M
Q2 25
$94.0M
$861.0M
Q1 25
$60.0M
$837.0M
Q4 24
$100.0M
$997.0M
Q3 24
$194.0M
$877.0M
Q2 24
$155.0M
$505.0M
Total Debt
CCI
CCI
INGR
INGR
Q1 26
Q4 25
$21.6B
Q3 25
$21.6B
Q2 25
$22.0B
Q1 25
$22.9B
Q4 24
$23.5B
Q3 24
$23.5B
Q2 24
$22.9B
Stockholders' Equity
CCI
CCI
INGR
INGR
Q1 26
Q4 25
$-1.6B
$4.3B
Q3 25
$-1.5B
$4.2B
Q2 25
$-1.4B
$4.2B
Q1 25
$-1.3B
$4.0B
Q4 24
$-133.0M
$3.8B
Q3 24
$5.3B
$4.0B
Q2 24
$5.7B
$3.7B
Total Assets
CCI
CCI
INGR
INGR
Q1 26
$31.4M
Q4 25
$31.5B
$7.9B
Q3 25
$31.5B
$7.8B
Q2 25
$31.6B
$7.8B
Q1 25
$31.8B
$7.5B
Q4 24
$32.7B
$7.4B
Q3 24
$38.0B
$7.5B
Q2 24
$38.2B
$7.2B
Debt / Equity
CCI
CCI
INGR
INGR
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
4.43×
Q2 24
4.04×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CCI
CCI
INGR
INGR
Operating Cash FlowLast quarter
$405.0M
Free Cash FlowOCF − Capex
$-43.0M
$270.0M
FCF MarginFCF / Revenue
-4.3%
15.4%
Capex IntensityCapex / Revenue
14.9%
7.7%
Cash ConversionOCF / Net Profit
2.43×
TTM Free Cash FlowTrailing 4 quarters
$4.3B
$511.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CCI
CCI
INGR
INGR
Q1 26
Q4 25
$3.1B
$405.0M
Q3 25
$714.0M
$277.0M
Q2 25
$832.0M
$185.0M
Q1 25
$641.0M
$77.0M
Q4 24
$2.9B
$436.0M
Q3 24
$699.0M
$479.0M
Q2 24
$768.0M
$312.0M
Free Cash Flow
CCI
CCI
INGR
INGR
Q1 26
$-43.0M
Q4 25
$2.9B
$270.0M
Q3 25
$671.0M
$172.0M
Q2 25
$792.0M
$84.0M
Q1 25
$601.0M
$-15.0M
Q4 24
$2.8B
$311.0M
Q3 24
$661.0M
$429.0M
Q2 24
$729.0M
$257.0M
FCF Margin
CCI
CCI
INGR
INGR
Q1 26
-4.3%
Q4 25
268.4%
15.4%
Q3 25
62.6%
9.5%
Q2 25
74.7%
4.6%
Q1 25
56.6%
-0.8%
Q4 24
247.3%
17.3%
Q3 24
59.0%
22.9%
Q2 24
65.9%
13.7%
Capex Intensity
CCI
CCI
INGR
INGR
Q1 26
14.9%
Q4 25
17.0%
7.7%
Q3 25
4.0%
5.8%
Q2 25
3.8%
5.5%
Q1 25
3.8%
5.1%
Q4 24
15.7%
6.9%
Q3 24
3.4%
2.7%
Q2 24
3.5%
2.9%
Cash Conversion
CCI
CCI
INGR
INGR
Q1 26
Q4 25
10.40×
2.43×
Q3 25
2.21×
1.62×
Q2 25
2.86×
0.94×
Q1 25
0.39×
Q4 24
4.49×
Q3 24
2.31×
2.55×
Q2 24
3.06×
2.11×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CCI
CCI

Site rental$961.0M95%
Services and other$49.0M5%

INGR
INGR

Food And Industrial Ingredients LATAM Segment$599.0M34%
Texture And Healthful Solutions Segment$598.0M34%
Food And Industrial Ingredients U.S.Canada Segment$486.0M28%
Other$74.0M4%

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