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Side-by-side financial comparison of Crown Castle (CCI) and Host Hotels & Resorts (HST), based on the latest 10-Q / 10-K filings. Click either name above to swap in a different company.

Host Hotels & Resorts is the larger business by last-quarter revenue ($1.6B vs $53.0M, roughly 30.2× Crown Castle). Crown Castle runs the higher net margin — 554.7% vs 8.4%, a 546.3% gap on every dollar of revenue. On growth, Host Hotels & Resorts posted the faster year-over-year revenue change (12.3% vs 1.9%). Crown Castle produced more free cash flow last quarter ($811.0M vs $445.0M). Over the past eight quarters, Host Hotels & Resorts's revenue compounded faster (4.4% CAGR vs 0.0%).

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.

Host Hotels & Resorts, Inc., based in Bethesda, Maryland, is an American real estate investment trust that invests in hotels. As of December 31, 2024, the company owned 81 upscale hotels containing about 43,400 rooms in the United States, Brazil, and Canada.

CCI vs HST — Head-to-Head

Bigger by revenue
HST
HST
30.2× larger
HST
$1.6B
$53.0M
CCI
Growing faster (revenue YoY)
HST
HST
+10.3% gap
HST
12.3%
1.9%
CCI
Higher net margin
CCI
CCI
546.3% more per $
CCI
554.7%
8.4%
HST
More free cash flow
CCI
CCI
$366.0M more FCF
CCI
$811.0M
$445.0M
HST
Faster 2-yr revenue CAGR
HST
HST
Annualised
HST
4.4%
0.0%
CCI

Income Statement — Q4 2025 vs Q4 2025

Metric
CCI
CCI
HST
HST
Revenue
$53.0M
$1.6B
Net Profit
$294.0M
$135.0M
Gross Margin
47.2%
Operating Margin
12.0%
Net Margin
554.7%
8.4%
Revenue YoY
1.9%
12.3%
Net Profit YoY
106.2%
25.0%
EPS (diluted)
$0.67
$0.20

Green = leading value per metric. Periods may differ when fiscal calendars don't align — see 8-quarter trend below.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history — bar widths are scaled to the larger of the two companies so you can eyeball the size gap and growth trajectory without doing math. Quarters aligned by calendar period (report date) so offset fiscal years line up.

Revenue
CCI
CCI
HST
HST
Q4 25
$53.0M
$1.6B
Q3 25
$60.0M
$1.3B
Q2 25
$52.0M
$1.6B
Q1 25
$50.0M
$1.6B
Q4 24
$52.0M
$1.4B
Q3 24
$59.0M
$1.3B
Q2 24
$46.0M
$1.5B
Q1 24
$53.0M
$1.5B
Net Profit
CCI
CCI
HST
HST
Q4 25
$294.0M
$135.0M
Q3 25
$323.0M
$161.0M
Q2 25
$291.0M
$221.0M
Q1 25
$-464.0M
$248.0M
Q4 24
$-4.8B
$108.0M
Q3 24
$303.0M
$82.0M
Q2 24
$251.0M
$239.0M
Q1 24
$311.0M
$268.0M
Gross Margin
CCI
CCI
HST
HST
Q4 25
47.2%
Q3 25
50.0%
Q2 25
48.1%
Q1 25
44.0%
Q4 24
46.2%
Q3 24
49.2%
Q2 24
41.3%
Q1 24
35.8%
Operating Margin
CCI
CCI
HST
HST
Q4 25
12.0%
Q3 25
7.6%
Q2 25
17.5%
Q1 25
17.9%
Q4 24
-8663.5%
11.0%
Q3 24
10.2%
Q2 24
19.9%
Q1 24
19.8%
Net Margin
CCI
CCI
HST
HST
Q4 25
554.7%
8.4%
Q3 25
538.3%
12.1%
Q2 25
559.6%
13.9%
Q1 25
-928.0%
15.6%
Q4 24
-9169.2%
7.6%
Q3 24
513.6%
6.2%
Q2 24
545.7%
16.3%
Q1 24
586.8%
18.2%
EPS (diluted)
CCI
CCI
HST
HST
Q4 25
$0.67
$0.20
Q3 25
$0.74
$0.23
Q2 25
$0.67
$0.32
Q1 25
$-1.07
$0.35
Q4 24
$-10.97
$0.15
Q3 24
$0.70
$0.12
Q2 24
$0.58
$0.34
Q1 24
$0.71
$0.38

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest filing — the kind of financial-strength check premium terminals charge for.

Metric
CCI
CCI
HST
HST
Cash + ST InvestmentsLiquidity on hand
$99.0M
$768.0M
Total DebtLower is stronger
$21.6B
$1.3B
Stockholders' EquityBook value
$-1.6B
$6.6B
Total Assets
$31.5B
$13.0B
Debt / EquityLower = less leverage
0.19×

8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.

Cash + ST Investments
CCI
CCI
HST
HST
Q4 25
$99.0M
$768.0M
Q3 25
$57.0M
$539.0M
Q2 25
$94.0M
$490.0M
Q1 25
$60.0M
$428.0M
Q4 24
$119.0M
$554.0M
Q3 24
$194.0M
$564.0M
Q2 24
$155.0M
$805.0M
Q1 24
$125.0M
$1.3B
Total Debt
CCI
CCI
HST
HST
Q4 25
$21.6B
$1.3B
Q3 25
$21.6B
Q2 25
$22.0B
Q1 25
$22.9B
Q4 24
$23.5B
$896.0M
Q3 24
$23.5B
Q2 24
$22.9B
Q1 24
$22.6B
Stockholders' Equity
CCI
CCI
HST
HST
Q4 25
$-1.6B
$6.6B
Q3 25
$-1.5B
$6.7B
Q2 25
$-1.4B
$6.6B
Q1 25
$-1.3B
$6.7B
Q4 24
$-133.0M
$6.6B
Q3 24
$5.3B
$6.7B
Q2 24
$5.7B
$6.8B
Q1 24
$6.0B
$6.7B
Total Assets
CCI
CCI
HST
HST
Q4 25
$31.5B
$13.0B
Q3 25
$31.5B
$13.0B
Q2 25
$31.6B
$13.0B
Q1 25
$31.8B
$12.9B
Q4 24
$32.7B
$13.0B
Q3 24
$38.0B
$13.1B
Q2 24
$38.2B
$12.4B
Q1 24
$38.2B
$12.5B
Debt / Equity
CCI
CCI
HST
HST
Q4 25
0.19×
Q3 25
Q2 25
Q1 25
Q4 24
0.14×
Q3 24
4.43×
Q2 24
4.04×
Q1 24
3.73×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Net income can be massaged; cash flow is harder to fake.

Metric
CCI
CCI
HST
HST
Operating Cash FlowLast quarter
$870.0M
$543.0M
Free Cash FlowOCF − Capex
$811.0M
$445.0M
FCF MarginFCF / Revenue
1530.2%
27.8%
Capex IntensityCapex / Revenue; lower = less reinvestment burden
111.3%
6.1%
Cash ConversionOCF / Net Profit; >1× = earnings back up with cash
2.96×
4.02×
TTM Free Cash FlowTrailing 4 quarters
$2.9B
$1.2B

8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.

Operating Cash Flow
CCI
CCI
HST
HST
Q4 25
$870.0M
$543.0M
Q3 25
$714.0M
$218.0M
Q2 25
$832.0M
$444.0M
Q1 25
$641.0M
$305.0M
Q4 24
$877.0M
$331.0M
Q3 24
$699.0M
$349.0M
Q2 24
$768.0M
$453.0M
Q1 24
$599.0M
$365.0M
Free Cash Flow
CCI
CCI
HST
HST
Q4 25
$811.0M
$445.0M
Q3 25
$671.0M
$143.0M
Q2 25
$792.0M
$381.0M
Q1 25
$601.0M
$259.0M
Q4 24
$601.0M
$235.0M
Q3 24
$402.0M
$262.0M
Q2 24
$439.0M
$409.0M
Q1 24
$279.0M
$332.0M
FCF Margin
CCI
CCI
HST
HST
Q4 25
1530.2%
27.8%
Q3 25
1118.3%
10.7%
Q2 25
1523.1%
24.0%
Q1 25
1202.0%
16.2%
Q4 24
1155.8%
16.5%
Q3 24
681.4%
19.9%
Q2 24
954.3%
27.9%
Q1 24
526.4%
22.6%
Capex Intensity
CCI
CCI
HST
HST
Q4 25
111.3%
6.1%
Q3 25
71.7%
5.6%
Q2 25
76.9%
4.0%
Q1 25
80.0%
2.9%
Q4 24
530.8%
6.7%
Q3 24
503.4%
6.6%
Q2 24
715.2%
3.0%
Q1 24
603.8%
2.2%
Cash Conversion
CCI
CCI
HST
HST
Q4 25
2.96×
4.02×
Q3 25
2.21×
1.35×
Q2 25
2.86×
2.01×
Q1 25
1.23×
Q4 24
3.06×
Q3 24
2.31×
4.26×
Q2 24
3.06×
1.90×
Q1 24
1.93×
1.36×

Financial Flow Comparison

Sankey diagram of revenue → gross profit → operating profit → net profit for each company. Charts shown full-width and stacked so both segment hierarchies are readable side-by-side on desktop and mobile.

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