Crown Castle (CCI) FCF Margin (2009 - 2026)
Crown Castle (CCI) posted FCF Margin of 46.83% for Q2 2026, down 27.89 percentage points from 74.72% a year earlier but up 2.07 percentage points from the prior quarter.
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Analysis
Crown Castle (CCI) FCF Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, FCF Margin at Crown Castle was 57.82%, down 8.21 percentage points year-over-year; for FY2025, it was 67.42%, up 5.38 percentage points from FY2024.
- Annual FCF Margin has increased for three consecutive years, with a five-year change of +42.92 percentage points (FY2020 to FY2025).
- In prior years, Crown Castle's FCF Margin was 62.04% in FY2024 (+1.14 pp), 60.90% in FY2023 (+38.45 pp), 22.44% in FY2022 (-2.16 pp) and 24.61% in FY2021 (+0.10 pp).
- Quarterly FCF Margin has run from a low of 11.16% in Q3 2023 to a high of 75.72% in Q4 2025 over five years.
- On a year-over-year basis, FCF Margin increased in five of the last seven quarters, with an average year-over-year change of +4.23 percentage points.
- The strongest year-over-year quarter for FCF Margin in the past five years was Q3 2024, with a gain of 47.86 percentage points; the weakest was Q2 2026, with a drop of 27.89 percentage points.
- According to Business Quant data, FCF Margin for the three prior quarters was 44.75% (Q1 2026), 75.72% (Q4 2025) and 62.59% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | American Tower | 78.00 Bn | 77.74 Bn | 2.72 Bn | 42.41% |
| 2 | Digital Realty Trust | 65.33 Bn | 55.85 Bn | - | 7.72% |
| 3 | Crown Castle | 28.57 Bn | 27.31 Bn | 989.00 Mn | 46.83% |
| 4 | Sba Communications | 17.27 Bn | 17.36 Bn | 539.27 Mn | 48.20% |
| 5 | Lamar Advertising | 12.72 Bn | 12.54 Bn | 422.53 Mn | 34.00% |
| 6 | OUTFRONT Media | 4.93 Bn | 4.69 Bn | 276.40 Mn | 17.45% |
| 7 | Array Digital Infrastructure | 2.93 Bn | 1.83 Bn | 30.57 Mn | -91.13% |
| 8 | IHS Holding | 2.81 Bn | -54.39 Mn | 207.10 Mn | 41.79% |
| 9 | Fermi | 2.73 Bn | 1.87 Bn | - | - |
| 10 | Clear Channel Outdoor Holdings | 1.19 Bn | 478.09 Mn | 241.86 Mn | 5.77% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 46.83% |
| Mar 31, 2026 | 44.75% |
| Dec 31, 2025 | 75.72% |
| Sep 30, 2025 | 62.59% |
| Jun 30, 2025 | 74.72% |
| Mar 31, 2025 | 56.64% |
| Dec 31, 2024 | 73.73% |
| Sep 30, 2024 | 59.02% |
| Jun 30, 2024 | 65.85% |
| Mar 31, 2024 | 49.55% |
| Sep 30, 2023 | 11.16% |
| Jun 30, 2023 | 39.64% |
| Mar 31, 2023 | 14.95% |
| Dec 31, 2022 | 25.57% |
| Sep 30, 2022 | 20.85% |
| Jun 30, 2022 | 27.45% |
| Mar 31, 2022 | 15.90% |
| Dec 31, 2021 | 24.00% |
| Sep 30, 2021 | 24.78% |
| Jun 30, 2021 | 30.32% |
API Access
Crown Castle FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=CCI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "CCI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=CCI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();