Crown Castle (CCI) Gross Margin (2009 - 2026)
Crown Castle (CCI) posted Gross Margin of 46.94% for Q1 2026, down 52.73% sequentially from 99.29% in Q4 2025, and down 5042.0% YoY from 0.95% in Q1 2025.
Crown Castle (CCI) Gross Margin (2009 - 2026) Analysis & Trends
Crown Castle has reported Gross Margin for 18 years, with the latest figure at 46.94% in Q1 2026.
- Quarterly Gross Margin fell 5042.0% year-over-year to 46.94% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 97.37% (down 795.0% YoY) and the FY2025 annual result came in at 97.35%, up 5308.0% from the prior year.
- Gross Margin retreated to 46.94% in Q1 2026 per CCI's latest filing, from 99.29% in the prior quarter.
- Over five years, Gross Margin peaked at 100.83% in Q4 2024 and troughed at 16.28% in Q4 2023.
- A 5-year average of 54.42% and a median of 46.94% in 2026 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2023 and 2024: Gross Margin plunged 7680 bps in 2023, then jumped 8455 bps in 2024.
- Over 5 years, Gross Margin stood at 93.08% in 2022, then sank by 83 bps to 16.28% in 2023, then surged by 519 bps to 100.83% in 2024, then dropped by 2 bps to 99.29% in 2025, then sank by 53 bps to 46.94% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 46.94%, 99.29%, and 50.0% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 106.74 Bn | 104.52 Bn | 1.40 Bn | 53.14% |
| 2 | American Tower | 82.05 Bn | 80.29 Bn | 2.72 Bn | 98.79% |
| 3 | Digital Realty Trust | 68.79 Bn | 66.93 Bn | - | - |
| 4 | Iron Mountain | 36.65 Bn | 36.44 Bn | 1.07 Bn | 52.76% |
| 5 | Crown Castle | 32.67 Bn | 31.63 Bn | 989.00 Mn | 98.12% |
| 6 | Sba Communications | 19.18 Bn | 19.18 Bn | 539.27 Mn | 75.39% |
| 7 | Weyerhaeuser | 17.80 Bn | 17.27 Bn | 311.00 Mn | 16.66% |
| 8 | Lamar Advertising | 15.33 Bn | 15.26 Bn | 422.53 Mn | 68.51% |
| 9 | Gaming & Leisure Properties | 12.49 Bn | 12.49 Bn | - | - |
| 10 | Rayonier | 6.43 Bn | 6.01 Bn | 75.67 Mn | 19.08% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 98.12% |
| Mar 31, 2026 | 46.94% |
| Dec 31, 2025 | 99.29% |
| Sep 30, 2025 | 50.00% |
| Jun 30, 2025 | 48.08% |
| Mar 31, 2025 | 97.36% |
| Dec 31, 2024 | 100.83% |
| Sep 30, 2024 | 50.00% |
| Jun 30, 2024 | 41.86% |
| Mar 31, 2024 | 36.96% |
| Dec 31, 2023 | 16.28% |
| Sep 30, 2023 | 26.67% |
| Jun 30, 2023 | 29.50% |
| Mar 31, 2023 | 30.20% |
| Dec 31, 2022 | 93.08% |
| Sep 30, 2022 | 93.18% |
| Jun 30, 2022 | 32.93% |
| Mar 31, 2022 | 31.93% |
| Dec 31, 2021 | 103.39% |
| Sep 30, 2021 | 92.89% |