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.
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Analysis
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 Set
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
Download Data
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% |
API Access
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_KEYimport 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();