Crown Castle Inc. · NYSE:CCI
Crown Castle — Crown Castle International — Q3 2019 Earnings Presentation
18 slides from Crown Castle's earnings presentation, Oct 16, 2019
Slide 1: Supplemental Information Package and Non-GAAP Reconciliations
Supplemental Information Package and Non-GAAP Reconciliations Third Quarter • September 30, 2019 The pathway to possible. CrownCastle.com Crown Castle International Corp. Third Quarter 2019 TABLE OF CONTENTS Page Company Overview Company Profile Strategy AFFO per Share Tower Portfolio Footprint Corp
Slide 2: AFFO per Share
$6.33 2015 2016 2017 2018 Midpoint Full ¥
Slide 3: General Company Information
(a) See reconciliations and definitions provided herein. (b) Attributable to CCIC common stockholders. (c) Represents the midpoint of Outlook as issued on October 16, 2019 . Crown Castle International Corp. Third Quarter 2019 COMPANY OVERVIEW FINANCIALS & METRICS ASSET PORTFOLIO OVERVIEW CAPITALIZAT
Slide 4: Tower Portfolio Footprint
16% 8% Acquired and built Acquired and built 20016 and prior 207 to present
Slide 5: LQA Site Rental Revenue per Tower
LQA SITE RENTAL REVENUE PER TOWER LQA TOWERS SEGMENT SITE RENTAL GROSS MARGIN PER TOWER
Slide 6: Tower Portfolio by Vintage
sus Acquired and built Acquired and built 20016 and prior 207 to present
Slide 7: Invested Capital per Tower
INVESTED CAPITAL PER TOWER (b) NUMBER OF TOWERS
Slide 8: Invested Capital per Tower
$606 $592 Acquired and built Acquired and built 20016 and prior 207 to present
Slide 9: Portfolio Overview
(a) Yield is calculated as LQA Towers segment site rental gross margin divided by invested capital. (b) Reflects gross total assets, including incremental capital invested by the Company since time of acquisition or construction completion. Inclusive of invested capital related to land at the tower
Slide 10: Tower Portfolio by Market
Acquired and built Acquired and built 2006 and prior 2007 to present Top Outside Top a 100 BTA a 100 BTA
Slide 11: Tower Portfolio by Market
20 Acquired and built Acquired and built 2006 and prior 2007 to present Top Outside Top @ copra = opts
Slide 12: Distribution of Tower Tenancy
(a) Excludes small cells, fiber and third-party land interests. Crown Castle International Corp. Third Quarter 2019 COMPANY OVERVIEW FINANCIALS & METRICS ASSET PORTFOLIO OVERVIEW CAPITALIZATION OVERVIEW APPENDIX DISTRIBUTION OF TOWER TENANCY (as of September 30, 2019) PERCENTAGE OF TOWERS BY TENANTS
Slide 13: Tenants per Tower
tenants: 21 tenants: 14° S tenants: 7 Greater than $ tenants Less than 2 tenants 2
Slide 14: Geographic Tower Distribution
Average: 2.6 Average: 2.0 GEOGRAPHIC TOWER DISTRIBUTION (as of September 30, 2019) (a) PERCENTAGE OF TOWERS BY GEOGRAPHIC LOCATION PERCENTAGE OF LQA SITE RENTAL REVENUE BY GEOGRAPHIC LOCATION
Slide 15: Geographic Distribution by Location
Otter US: 47% car FL:
Slide 16: Ground Interest Overview
(a) Excludes small cells, fiber and third-party land interests. Crown Castle International Corp. Third Quarter 2019 COMPANY OVERVIEW FINANCIALS & METRICS ASSET PORTFOLIO OVERVIEW CAPITALIZATION OVERVIEW APPENDIX GROUND INTEREST OVERVIEW (as of September 30, 2019; dollars in millions) LQA Site Rental
Slide 17: Debt Maturity Overview
(as of September 30, 2019 ; dollars in millions)
Slide 18: Liquidity Overview
(a) Where applicable, maturities reflect the Anticipated Repayment Date as defined in the respective debt agreement; excludes finance leases and other obligations; amounts presented at face value, net of repurchases held at CCIC. Crown Castle International Corp. Third Quarter 2019 COMPANY OVERVIEW F
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