Crown Castle (CCI) Gross Margin (2009 - 2026)
Crown Castle recorded quarterly Gross Margin of 97.43% in Q1 2026, little changed quarter-over-quarter from 97.29% in Q4 2025, and up 6.0% year-over-year from 91.91% in Q1 2025.
Crown Castle's Gross Margin history runs 18 years deep, the most recent figure standing at 97.43% for Q1 2026.
- In Q1 2026, Gross Margin rose 6.0% year-over-year to 97.43%; the TTM figure through Mar 2026 stood at 96.51% (down 882.0% YoY), while the FY2025 annual figure was 97.35%, up 5308.0% from the prior year.
- Gross Margin came in at 97.43% for Q1 2026 at Crown Castle, roughly flat from 97.29% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 102.7% in Q4 2022 to a low of 16.28% in Q4 2023.
- A 5-year average of 68.28% and a median of 93.54% in 2022 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin slumped 8642 bps in 2023 and soared 8455 bps in 2024, its largest moves.
- Crown Castle's Gross Margin stood at 102.7% in 2022, then slumped by 84 bps to 16.28% in 2023, then jumped by 519 bps to 100.83% in 2024, then fell by 4 bps to 97.29% in 2025, then gained by 0 bps to 97.43% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 97.43%, 97.29%, and 97.2% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 106.10 Bn | 103.07 Bn | 2.20 Bn | 90.14% |
| 2 | American Tower | 85.70 Bn | 92.20 Bn | 2.70 Bn | 98.59% |
| 3 | Digital Realty Trust | 67.00 Bn | 66.16 Bn | - | - |
| 4 | Crown Castle | 40.17 Bn | 40.12 Bn | 984.00 Mn | 97.43% |
| 5 | Iron Mountain | 37.80 Bn | 37.83 Bn | 1.05 Bn | 54.04% |
| 6 | Sba Communications | 21.99 Bn | 22.08 Bn | 532.10 Mn | 75.64% |
| 7 | Weyerhaeuser | 16.98 Bn | 16.68 Bn | 318.00 Mn | 18.41% |
| 8 | Lamar Advertising | 15.51 Bn | 15.46 Bn | 403.56 Mn | 67.72% |
| 9 | Gaming & Leisure Properties | 13.46 Bn | 13.86 Bn | - | - |
| 10 | OUTFRONT Media | 5.85 Bn | 5.81 Bn | 202.10 Mn | 47.04% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 97.43% |
| Dec 31, 2025 | 97.29% |
| Sep 30, 2025 | 97.20% |
| 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 | 97.40% |
| Dec 31, 2023 | 16.28% |
| Sep 30, 2023 | 96.04% |
| Jun 30, 2023 | 29.50% |
| Mar 31, 2023 | 30.20% |
| Dec 31, 2022 | 102.70% |
| Sep 30, 2022 | 33.15% |
| Jun 30, 2022 | 93.54% |
| Mar 31, 2022 | 31.93% |
| Dec 31, 2021 | 91.66% |
| Sep 30, 2021 | 92.89% |
| Jun 30, 2021 | 33.54% |
| Mar 31, 2021 | 94.55% |
| Dec 31, 2020 | 12.06% |
| Sep 30, 2020 | 20.41% |
| Jun 30, 2020 | 92.50% |
| Mar 31, 2020 | 10.81% |
| Dec 31, 2019 | 91.80% |
| Sep 30, 2019 | 25.13% |
| Jun 30, 2019 | 25.54% |
| Mar 31, 2019 | 25.30% |
| Dec 31, 2018 | 90.40% |
| Sep 30, 2018 | 91.33% |
| Jun 30, 2018 | 25.19% |
| Mar 31, 2018 | 24.78% |
| Dec 31, 2017 | 92.81% |
| Sep 30, 2017 | 89.93% |
| Jun 30, 2017 | 89.98% |
| Mar 31, 2017 | 90.26% |
| Dec 31, 2016 | 87.32% |
| Sep 30, 2016 | 88.99% |
| Jun 30, 2016 | 90.04% |
| Mar 31, 2016 | 91.33% |
| Dec 31, 2015 | 90.02% |
| Sep 30, 2015 | 90.54% |
| Jun 30, 2015 | 90.06% |
| Mar 31, 2015 | 90.35% |
| Dec 31, 2014 | 86.51% |
| Sep 30, 2014 | 88.60% |
| Jun 30, 2014 | 88.40% |
| Mar 31, 2014 | 91.34% |
| Dec 31, 2013 | 90.66% |
| Sep 30, 2013 | 89.05% |
| Jun 30, 2013 | 90.45% |
| Mar 31, 2013 | 89.54% |
| Dec 31, 2012 | 89.92% |
| Sep 30, 2012 | 91.95% |
| Jun 30, 2012 | 93.12% |
| Mar 31, 2012 | 94.29% |
| Dec 31, 2011 | 94.46% |
| Sep 30, 2011 | 95.12% |
| Jun 30, 2011 | 94.82% |
| Mar 31, 2011 | 94.54% |
| Dec 31, 2010 | 93.70% |
| Sep 30, 2010 | 94.45% |
| Jun 30, 2010 | 93.44% |
| Mar 31, 2010 | 94.08% |
| Dec 31, 2009 | 93.66% |
| Sep 30, 2009 | 94.96% |
| Jun 30, 2009 | 94.87% |
| Mar 31, 2009 | 94.52% |