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

Crown Castle has disclosed Operating Margin across 18 years of filings, most recently posting 46.04% for Q1 2026.

• Operating Margin for Q1 2026 came in at 46.04%, down 307.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 63.0% (up 16937.0% YoY), and the FY2025 annual result was 48.66%, down 105446.0% from the prior year.
• Operating Margin came in at 46.04% for Q1 2026 at Crown Castle, down from 48.83% in the prior quarter.
• In the past five years, Operating Margin ranged from a high of 1151.16% in Q2 2024 to a low of 18.1% in Q4 2024.
• The 5-year median for Operating Margin is 49.1% (2025), against an average of 336.91%.
• Across the five-year window, Operating Margin surged 95603 bps in 2024 and slumped 93621 bps in 2025, its largest moves.
• Crown Castle's Operating Margin stood at 13.52% in 2022, then surged by 5534 bps to 734.88% in 2023, then tumbled by 102 bps to 18.1% in 2024, then jumped by 370 bps to 48.83% in 2025, then retreated by 6 bps to 46.04% in 2026.
• The last three Operating Margin figures came in at 46.04% (Q1 2026), 48.83% (Q4 2025), and 48.97% (Q3 2025), per Business Quant data.