Crown Castle (CCI) FCF Margin (2009 - 2026)

Crown Castle's (CCI) quarterly FCF Margin came in at 44.75% in Q1 2026, down 1189.0% year-on-year from 4.11% in Q1 2025, and down 40.9% quarter-over-quarter from 75.72% in Q4 2025.

Crown Castle (CCI) FCF Margin (2009 - 2026) Analysis & Trends

Crown Castle has disclosed FCF Margin across 18 years of filings, most recently posting 44.75% for Q1 2026.

  • FCF Margin for Q1 2026 came in at 44.75%, down 1189.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 85.05% (up 19892.0% YoY), and the FY2025 annual result was 67.42%, down 137372.0% from the prior year.
  • FCF Margin came in at 44.75% for Q1 2026 at Crown Castle, down from 75.72% in the prior quarter.
  • In the past five years, FCF Margin ranged from a high of 3934.88% in Q4 2023 to a low of 26.2% in Q4 2024.
  • The 5-year median for FCF Margin is 75.72% (2025), against an average of 522.09%.
  • Across the five-year window, FCF Margin jumped 394485 bps in 2023 and plunged 396108 bps in 2024, its largest moves.
  • Crown Castle's FCF Margin stood at 9.97% in 2022, then soared by 39580 bps to 3934.88% in 2023, then sank by 101 bps to 26.2% in 2024, then soared by 389 bps to 75.72% in 2025, then slumped by 41 bps to 44.75% in 2026.
  • The last three FCF Margin figures came in at 44.75% (Q1 2026), 75.72% (Q4 2025), and 62.59% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Equinix 104.53 Bn 101.50 Bn 2.20 Bn 24.30%
2 American Tower 86.20 Bn 92.70 Bn 2.70 Bn 34.74%
3 Digital Realty Trust 63.76 Bn 62.92 Bn - -20.65%
4 Crown Castle 38.57 Bn 38.52 Bn 984.00 Mn 44.75%
5 Iron Mountain 37.41 Bn 37.43 Bn 1.05 Bn 1.89%
6 Sba Communications 20.70 Bn 20.79 Bn 532.10 Mn 29.38%
7 Weyerhaeuser 17.74 Bn 17.44 Bn 318.00 Mn 1.68%
8 Lamar Advertising 15.68 Bn 15.63 Bn 403.56 Mn 34.95%
9 Gaming & Leisure Properties 13.22 Bn 13.62 Bn - 37.80%
10 OUTFRONT Media 5.51 Bn 5.47 Bn 202.10 Mn 16.76%

Historic Data

Download Data
DateValue
Mar 31, 2026 44.75%
Dec 31, 2025 75.72%
Sep 30, 2025 62.59%
Jun 30, 2025 1,523.08%
Mar 31, 2025 56.64%
Dec 31, 2024 -26.20%
Sep 30, 2024 744.44%
Jun 30, 2024 1,020.93%
Mar 31, 2024 49.55%
Dec 31, 2023 3,934.88%
Sep 30, 2023 11.16%
Jun 30, 2023 796.40%
Mar 31, 2023 177.85%
Dec 31, 2022 -9.97%
Sep 30, 2022 204.49%
Jun 30, 2022 42.33%
Mar 31, 2022 166.87%
Dec 31, 2021 24.00%
Sep 30, 2021 39.43%
Jun 30, 2021 491.77%