vs

Side-by-side financial comparison of Crown Castle (CCI) and LEVI STRAUSS & CO (LEVI). Click either name above to swap in a different company.

LEVI STRAUSS & CO is the larger business by last-quarter revenue ($1.8B vs $1.0B, roughly 1.7× Crown Castle). LEVI STRAUSS & CO runs the higher net margin — 8.9% vs -45.9%, a 54.9% gap on every dollar of revenue. On growth, LEVI STRAUSS & CO posted the faster year-over-year revenue change (-4.0% vs -4.8%). LEVI STRAUSS & CO produced more free cash flow last quarter ($215.7M vs $-43.0M). Over the past eight quarters, LEVI STRAUSS & CO's revenue compounded faster (6.5% 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.

Levi Strauss & Co. is an American clothing company known worldwide for its Levi's brand of denim jeans. It was founded in May 1853 when German-Jewish immigrant Levi Strauss moved from Buttenheim, Bavaria, to San Francisco, California, to open a West Coast branch of his brothers' New York dry goods business. Although the corporation is registered in Delaware, the company's corporate headquarters is located in Levi's Plaza in San Francisco.

CCI vs LEVI — Head-to-Head

Bigger by revenue
LEVI
LEVI
1.7× larger
LEVI
$1.8B
$1.0B
CCI
Growing faster (revenue YoY)
LEVI
LEVI
+0.8% gap
LEVI
-4.0%
-4.8%
CCI
Higher net margin
LEVI
LEVI
54.9% more per $
LEVI
8.9%
-45.9%
CCI
More free cash flow
LEVI
LEVI
$258.7M more FCF
LEVI
$215.7M
$-43.0M
CCI
Faster 2-yr revenue CAGR
LEVI
LEVI
Annualised
LEVI
6.5%
-4.5%
CCI

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CCI
CCI
LEVI
LEVI
Revenue
$1.0B
$1.8B
Net Profit
$-464.0M
$158.0M
Gross Margin
60.8%
Operating Margin
46.0%
11.9%
Net Margin
-45.9%
8.9%
Revenue YoY
-4.8%
-4.0%
Net Profit YoY
-13.4%
EPS (diluted)
$1.48
$0.39

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
LEVI
LEVI
Q1 26
$1.0B
Q4 25
$1.1B
$1.8B
Q3 25
$1.1B
$1.5B
Q2 25
$1.1B
$1.4B
Q1 25
$1.1B
$1.5B
Q4 24
$1.1B
$1.8B
Q3 24
$1.1B
$1.5B
Q2 24
$1.1B
$1.4B
Net Profit
CCI
CCI
LEVI
LEVI
Q1 26
$-464.0M
Q4 25
$294.0M
$158.0M
Q3 25
$323.0M
$218.1M
Q2 25
$291.0M
$67.0M
Q1 25
$-464.0M
$135.0M
Q4 24
$182.5M
Q3 24
$303.0M
$20.7M
Q2 24
$251.0M
$18.0M
Gross Margin
CCI
CCI
LEVI
LEVI
Q1 26
Q4 25
97.4%
60.8%
Q3 25
97.2%
61.7%
Q2 25
97.5%
62.6%
Q1 25
97.4%
62.1%
Q4 24
97.7%
61.3%
Q3 24
97.6%
60.0%
Q2 24
97.7%
60.5%
Operating Margin
CCI
CCI
LEVI
LEVI
Q1 26
46.0%
Q4 25
48.8%
11.9%
Q3 25
49.0%
10.8%
Q2 25
47.7%
7.5%
Q1 25
49.1%
12.5%
Q4 24
51.0%
11.5%
Q3 24
47.5%
2.0%
Q2 24
44.7%
1.5%
Net Margin
CCI
CCI
LEVI
LEVI
Q1 26
-45.9%
Q4 25
27.5%
8.9%
Q3 25
30.1%
14.1%
Q2 25
27.5%
4.6%
Q1 25
-43.7%
8.8%
Q4 24
9.9%
Q3 24
27.1%
1.4%
Q2 24
22.7%
1.2%
EPS (diluted)
CCI
CCI
LEVI
LEVI
Q1 26
$1.48
Q4 25
$0.67
$0.39
Q3 25
$0.74
$0.55
Q2 25
$0.67
$0.17
Q1 25
$-1.07
$0.34
Q4 24
$0.46
Q3 24
$0.70
$0.05
Q2 24
$0.58
$0.04

Balance Sheet & Financial Strength

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

Metric
CCI
CCI
LEVI
LEVI
Cash + ST InvestmentsLiquidity on hand
$55.0M
$848.8M
Total DebtLower is stronger
$1.1B
Stockholders' EquityBook value
$2.3B
Total Assets
$31.4B
$6.8B
Debt / EquityLower = less leverage
0.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CCI
CCI
LEVI
LEVI
Q1 26
$55.0M
Q4 25
$99.0M
$848.8M
Q3 25
$57.0M
$707.5M
Q2 25
$94.0M
$736.7M
Q1 25
$60.0M
$574.4M
Q4 24
$100.0M
$690.0M
Q3 24
$194.0M
$577.1M
Q2 24
$155.0M
$641.4M
Total Debt
CCI
CCI
LEVI
LEVI
Q1 26
Q4 25
$21.6B
$1.1B
Q3 25
$21.6B
$1.0B
Q2 25
$22.0B
$1.0B
Q1 25
$22.9B
$987.4M
Q4 24
$23.5B
$994.0M
Q3 24
$23.5B
$1.0B
Q2 24
$22.9B
$1.0B
Stockholders' Equity
CCI
CCI
LEVI
LEVI
Q1 26
Q4 25
$-1.6B
$2.3B
Q3 25
$-1.5B
$2.2B
Q2 25
$-1.4B
$2.1B
Q1 25
$-1.3B
$2.0B
Q4 24
$-133.0M
$2.0B
Q3 24
$5.3B
$1.9B
Q2 24
$5.7B
$2.0B
Total Assets
CCI
CCI
LEVI
LEVI
Q1 26
$31.4B
Q4 25
$31.5B
$6.8B
Q3 25
$31.5B
$6.7B
Q2 25
$31.6B
$6.5B
Q1 25
$31.8B
$6.2B
Q4 24
$32.7B
$6.4B
Q3 24
$38.0B
$6.3B
Q2 24
$38.2B
$6.2B
Debt / Equity
CCI
CCI
LEVI
LEVI
Q1 26
Q4 25
0.46×
Q3 25
0.48×
Q2 25
0.49×
Q1 25
0.49×
Q4 24
0.50×
Q3 24
4.43×
0.54×
Q2 24
4.04×
0.51×

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
LEVI
LEVI
Operating Cash FlowLast quarter
$266.8M
Free Cash FlowOCF − Capex
$-43.0M
$215.7M
FCF MarginFCF / Revenue
-4.3%
12.2%
Capex IntensityCapex / Revenue
1.0%
2.9%
Cash ConversionOCF / Net Profit
1.69×
TTM Free Cash FlowTrailing 4 quarters
$4.3B
$308.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CCI
CCI
LEVI
LEVI
Q1 26
Q4 25
$3.1B
$266.8M
Q3 25
$714.0M
$24.8M
Q2 25
$832.0M
$185.5M
Q1 25
$641.0M
$52.5M
Q4 24
$2.9B
$297.3M
Q3 24
$699.0M
$52.3M
Q2 24
$768.0M
$262.8M
Free Cash Flow
CCI
CCI
LEVI
LEVI
Q1 26
$-43.0M
Q4 25
$2.9B
$215.7M
Q3 25
$671.0M
$-39.4M
Q2 25
$792.0M
$146.0M
Q1 25
$601.0M
$-14.1M
Q4 24
$2.8B
$231.6M
Q3 24
$661.0M
$2.3M
Q2 24
$729.0M
$222.6M
FCF Margin
CCI
CCI
LEVI
LEVI
Q1 26
-4.3%
Q4 25
268.4%
12.2%
Q3 25
62.6%
-2.6%
Q2 25
74.7%
10.1%
Q1 25
56.6%
-0.9%
Q4 24
247.3%
12.6%
Q3 24
59.0%
0.2%
Q2 24
65.9%
15.4%
Capex Intensity
CCI
CCI
LEVI
LEVI
Q1 26
1.0%
Q4 25
17.0%
2.9%
Q3 25
4.0%
4.2%
Q2 25
3.8%
2.7%
Q1 25
3.8%
4.4%
Q4 24
15.7%
3.6%
Q3 24
3.4%
3.3%
Q2 24
3.5%
2.8%
Cash Conversion
CCI
CCI
LEVI
LEVI
Q1 26
Q4 25
10.40×
1.69×
Q3 25
2.21×
0.11×
Q2 25
2.86×
2.77×
Q1 25
0.39×
Q4 24
1.63×
Q3 24
2.31×
2.53×
Q2 24
3.06×
14.60×

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%

LEVI
LEVI

Other$760.3M43%
Sales Channel Through Intermediary$583.2M33%
Sales Channel Directly To Consumer$376.0M21%
Beyond Yoga$46.3M3%

Related Comparisons