Crown Castle (CCI) Operating Margin (2009 - 2025)

Crown Castle has disclosed Operating Margin across 17 years of filings, most recently posting 48.66% for FY2025.

• 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 48.66% for FY2025 at Crown Castle, down from 1103.12% in the prior year.
• In the past five years, Operating Margin ranged from a high of 1103.12% in FY2024 to a low of 31.56% in FY2021.
• The 5-year median for Operating Margin is 347.92% (2022), against an average of 405.87%.
• Across the five-year window, Operating Margin jumped 60503 bps in 2024 and sank 105446 bps in 2025, its largest moves.
• Crown Castle's Operating Margin stood at 31.56% in 2021, then soared by 1002 bps to 347.92% in 2022, then soared by 43 bps to 498.1% in 2023, then surged by 121 bps to 1103.12% in 2024, then tumbled by 96 bps to 48.66% in 2025.
• The last three Operating Margin figures came in at 48.66% (FY2025), 1103.12% (FY2024), and 498.1% (FY2023), per Business Quant data.