CCICrown Castle

The full receipt

Latest published value for each ratio, with the sector median for context and year-over-year change where the prior year is available.

• Markup →

  How much revenue per dollar of cost.

  Not applicable to this sector.

  REITs earn rent, not goods sold — there is no meaningful COGS line to compute Markup against.

  See Capital Extraction on this page — it's the universal version designed for sectors where Markup doesn't apply.
• Operational Markup →

  Revenue per dollar of cost + operating expenses. The multiplier after legitimate operations.

  Not applicable to this sector.

  REITs earn rent, not goods sold — there is no meaningful COGS line to compute Markup against.

  See Capital Extraction on this page — it's the universal version designed for sectors where Operational Markup doesn't apply.
• Labor Share →

  How much of every revenue dollar reaches workers.

  1.3510of revenue → workersapprox.verified
  135¢ of every $1 of revenue reaches workers
  Sector median: 0.1125 · Bottom 19% for extraction in sector
  FY 2023·v1.0.0
• Executive Extraction →

  How many times a CEO out-earns the median employee.

  96.46× CEO / median workerverified
  CEO earns 96× the median worker
  Sector median: 124.0 · Median range for extraction in sector
  FY 2023·v1.0.0
• Shareholder Extraction →

  Dollars sent to shareholders for every dollar invested in R&D.

  Not applicable to this sector.

  Companies in Real Estate typically don't report R&D — their growth investment goes to capex, not research expense.

  See Capital Extraction on this page — it's the universal version designed for sectors where Shareholder Extraction doesn't apply.
• Capital Extraction →

  How much of net profit goes to shareholders rather than back into the business.

  2.2290× buybacks+dividends / net incomeverified
  223% of net profit returned to shareholders — funded beyond current-year earnings
  Sector median: 1.1094 · Top 17% for extraction in sector
  FY 2023·v1.0.0