Crown Castle (CCI) Gross Margin (2009 - 2026)
Crown Castle's Gross Margin was 98.12% in Q2 2026, up 0.66 percentage points from 97.45% a year earlier and up 0.69 percentage points from the prior quarter.
Crown Castle (CCI) Gross Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Crown Castle's Gross Margin was 97.50% through Jun 30, 2026, down 0.02 percentage points year-over-year; for FY2025, it came in at 97.35%, down 0.25 percentage points from FY2024.
- Gross Margin shows a five-year change of +5.02 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was 97.60% in FY2024 (+4.02 pp), 93.58% in FY2023 (+0.25 pp), 93.33% in FY2022 (+0.25 pp) and 93.08% in FY2021 (+0.75 pp).
- The Q2 2026 figure marks the highest quarterly Gross Margin in data going back to Q1 2009.
- Compared with a year earlier, Gross Margin was higher in three of the last seven quarters, with an average year-over-year change of +0.17 percentage points.
- The best year-over-year quarter for Gross Margin over five years was Q1 2024 (a gain of 3.26 percentage points); the worst was Q1 2022 (a drop of 1.03 percentage points).
- Per Business Quant data, CCI's Gross Margin in the three quarters before Q2 2026 was 97.43% (Q1 2026), 97.29% (Q4 2025) and 97.20% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | American Tower | 78.00 Bn | 77.74 Bn | 2.72 Bn | 98.79% |
| 2 | Digital Realty Trust | 65.33 Bn | 55.85 Bn | - | - |
| 3 | Crown Castle | 28.57 Bn | 27.31 Bn | 989.00 Mn | 98.12% |
| 4 | Sba Communications | 17.27 Bn | 17.36 Bn | 539.27 Mn | 75.39% |
| 5 | Lamar Advertising | 12.72 Bn | 12.54 Bn | 422.53 Mn | 68.51% |
| 6 | OUTFRONT Media | 4.93 Bn | 4.69 Bn | 276.40 Mn | 52.90% |
| 7 | Array Digital Infrastructure | 2.93 Bn | 1.83 Bn | 30.57 Mn | 56.54% |
| 8 | IHS Holding | 2.81 Bn | -54.39 Mn | 207.10 Mn | 48.32% |
| 9 | Fermi | 2.73 Bn | 1.87 Bn | - | - |
| 10 | Clear Channel Outdoor Holdings | 1.19 Bn | 478.09 Mn | 241.86 Mn | 55.21% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 98.12% |
| Mar 31, 2026 | 97.43% |
| Dec 31, 2025 | 97.29% |
| Sep 30, 2025 | 97.20% |
| Jun 30, 2025 | 97.45% |
| Mar 31, 2025 | 97.36% |
| Dec 31, 2024 | 97.68% |
| Sep 30, 2024 | 97.59% |
| Jun 30, 2024 | 97.74% |
| Mar 31, 2024 | 97.40% |
| Sep 30, 2023 | 96.04% |
| Jun 30, 2023 | 94.75% |
| Mar 31, 2023 | 94.13% |
| Dec 31, 2022 | 93.08% |
| Sep 30, 2022 | 93.18% |
| Jun 30, 2022 | 93.54% |
| Mar 31, 2022 | 93.51% |
| Dec 31, 2021 | 91.66% |
| Sep 30, 2021 | 92.89% |
| Jun 30, 2021 | 93.37% |
Crown Castle Gross 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=gross-margin&ticker=CCI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-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=gross-margin&ticker=CCI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();