vs

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

Crown Castle is the larger business by last-quarter revenue ($1.0B vs $871.9M, roughly 1.2× Worthington Steel, Inc.). Crown Castle runs the higher net margin — 77.2% vs 2.2%, a 75.1% gap on every dollar of revenue. On growth, Worthington Steel, Inc. posted the faster year-over-year revenue change (18.0% vs -4.8%). Worthington Steel, Inc. produced more free cash flow last quarter ($74.6M vs $-43.0M). Over the past eight quarters, Worthington Steel, Inc.'s revenue compounded faster (3.9% 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.

Worthington Enterprises, Inc. is an American industrial manufacturing company headquartered in Columbus, Ohio. The company is composed of two business segments, consumer products and building products. Within these segments, the company designs and manufactures pressure vessels such as propane, oxygen and helium tanks, refrigerant and industrial cylinders, camping and residential use cylinders, water system tanks for storage, treatment, heating, expansion and flow control, as well as a variet...

CCI vs WS — Head-to-Head

Bigger by revenue
CCI
CCI
1.2× larger
CCI
$1.0B
$871.9M
WS
Growing faster (revenue YoY)
WS
WS
+22.8% gap
WS
18.0%
-4.8%
CCI
Higher net margin
CCI
CCI
75.1% more per $
CCI
77.2%
2.2%
WS
More free cash flow
WS
WS
$117.6M more FCF
WS
$74.6M
$-43.0M
CCI
Faster 2-yr revenue CAGR
WS
WS
Annualised
WS
3.9%
-4.5%
CCI

Income Statement — Q1 FY2026 vs Q2 FY2026

Metric
CCI
CCI
WS
WS
Revenue
$1.0B
$871.9M
Net Profit
$780.0M
$18.8M
Gross Margin
10.7%
Operating Margin
2.5%
Net Margin
77.2%
2.2%
Revenue YoY
-4.8%
18.0%
Net Profit YoY
76.0%
46.9%
EPS (diluted)
$1.80
$0.37

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
WS
WS
Q1 26
$1.0B
Q4 25
$1.1B
$871.9M
Q3 25
$1.1B
$872.9M
Q2 25
$1.1B
$832.9M
Q1 25
$1.1B
$687.4M
Q4 24
$1.1B
$739.0M
Q3 24
$1.1B
$834.0M
Q2 24
$1.1B
Net Profit
CCI
CCI
WS
WS
Q1 26
$780.0M
Q4 25
$294.0M
$18.8M
Q3 25
$323.0M
$36.8M
Q2 25
$291.0M
$55.7M
Q1 25
$-464.0M
$13.8M
Q4 24
$12.8M
Q3 24
$303.0M
$28.4M
Q2 24
$251.0M
Gross Margin
CCI
CCI
WS
WS
Q1 26
Q4 25
97.4%
10.7%
Q3 25
97.2%
13.2%
Q2 25
97.5%
15.2%
Q1 25
97.4%
11.8%
Q4 24
97.7%
10.8%
Q3 24
97.6%
12.0%
Q2 24
97.7%
Operating Margin
CCI
CCI
WS
WS
Q1 26
Q4 25
48.8%
2.5%
Q3 25
49.0%
5.5%
Q2 25
47.7%
8.0%
Q1 25
49.1%
2.7%
Q4 24
51.0%
2.6%
Q3 24
47.5%
5.2%
Q2 24
44.7%
Net Margin
CCI
CCI
WS
WS
Q1 26
77.2%
Q4 25
27.5%
2.2%
Q3 25
30.1%
4.2%
Q2 25
27.5%
6.7%
Q1 25
-43.7%
2.0%
Q4 24
1.7%
Q3 24
27.1%
3.4%
Q2 24
22.7%
EPS (diluted)
CCI
CCI
WS
WS
Q1 26
$1.80
Q4 25
$0.67
$0.37
Q3 25
$0.74
$0.72
Q2 25
$0.67
$1.11
Q1 25
$-1.07
$0.27
Q4 24
$0.25
Q3 24
$0.70
$0.56
Q2 24
$0.58

Balance Sheet & Financial Strength

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

Metric
CCI
CCI
WS
WS
Cash + ST InvestmentsLiquidity on hand
$55.0K
$89.8M
Total DebtLower is stronger
$72.1M
Stockholders' EquityBook value
$1.1B
Total Assets
$31.4M
$2.1B
Debt / EquityLower = less leverage
0.06×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CCI
CCI
WS
WS
Q1 26
$55.0K
Q4 25
$99.0M
$89.8M
Q3 25
$57.0M
$78.3M
Q2 25
$94.0M
$38.0M
Q1 25
$60.0M
$63.3M
Q4 24
$100.0M
$52.0M
Q3 24
$194.0M
$36.0M
Q2 24
$155.0M
Total Debt
CCI
CCI
WS
WS
Q1 26
Q4 25
$21.6B
$72.1M
Q3 25
$21.6B
$73.4M
Q2 25
$22.0B
$151.5M
Q1 25
$22.9B
Q4 24
$23.5B
$115.0M
Q3 24
$23.5B
$122.2M
Q2 24
$22.9B
Stockholders' Equity
CCI
CCI
WS
WS
Q1 26
Q4 25
$-1.6B
$1.1B
Q3 25
$-1.5B
$1.1B
Q2 25
$-1.4B
$1.1B
Q1 25
$-1.3B
$1.0B
Q4 24
$-133.0M
$1.0B
Q3 24
$5.3B
$1.0B
Q2 24
$5.7B
Total Assets
CCI
CCI
WS
WS
Q1 26
$31.4M
Q4 25
$31.5B
$2.1B
Q3 25
$31.5B
$2.2B
Q2 25
$31.6B
$2.0B
Q1 25
$31.8B
$1.8B
Q4 24
$32.7B
$1.7B
Q3 24
$38.0B
$1.8B
Q2 24
$38.2B
Debt / Equity
CCI
CCI
WS
WS
Q1 26
Q4 25
0.06×
Q3 25
0.07×
Q2 25
0.14×
Q1 25
Q4 24
0.11×
Q3 24
4.43×
0.12×
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
WS
WS
Operating Cash FlowLast quarter
$99.3M
Free Cash FlowOCF − Capex
$-43.0M
$74.6M
FCF MarginFCF / Revenue
-4.3%
8.6%
Capex IntensityCapex / Revenue
14.9%
2.8%
Cash ConversionOCF / Net Profit
5.28×
TTM Free Cash FlowTrailing 4 quarters
$4.3B
$72.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CCI
CCI
WS
WS
Q1 26
Q4 25
$3.1B
$99.3M
Q3 25
$714.0M
$-6.3M
Q2 25
$832.0M
$53.9M
Q1 25
$641.0M
$53.8M
Q4 24
$2.9B
$68.0M
Q3 24
$699.0M
$54.6M
Q2 24
$768.0M
Free Cash Flow
CCI
CCI
WS
WS
Q1 26
$-43.0M
Q4 25
$2.9B
$74.6M
Q3 25
$671.0M
$-35.7M
Q2 25
$792.0M
$8.4M
Q1 25
$601.0M
$25.2M
Q4 24
$2.8B
$33.2M
Q3 24
$661.0M
$33.1M
Q2 24
$729.0M
FCF Margin
CCI
CCI
WS
WS
Q1 26
-4.3%
Q4 25
268.4%
8.6%
Q3 25
62.6%
-4.1%
Q2 25
74.7%
1.0%
Q1 25
56.6%
3.7%
Q4 24
247.3%
4.5%
Q3 24
59.0%
4.0%
Q2 24
65.9%
Capex Intensity
CCI
CCI
WS
WS
Q1 26
14.9%
Q4 25
17.0%
2.8%
Q3 25
4.0%
3.4%
Q2 25
3.8%
5.5%
Q1 25
3.8%
4.2%
Q4 24
15.7%
4.7%
Q3 24
3.4%
2.6%
Q2 24
3.5%
Cash Conversion
CCI
CCI
WS
WS
Q1 26
Q4 25
10.40×
5.28×
Q3 25
2.21×
-0.17×
Q2 25
2.86×
0.97×
Q1 25
3.90×
Q4 24
5.31×
Q3 24
2.31×
1.92×
Q2 24
3.06×

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%

WS
WS

Direct$844.1M97%
Toll$27.8M3%

Related Comparisons