CCI
Crown Castle margins
- Stocks
- Real Estate
- NYSE: CCI
- Margins
Using the latest TTM figures, Crown Castle shows a gross margin of 73.7%, an operating margin of 47.7%, an EBITDA margin of 60.1%, and a net margin of 20.7%. Margin expansion was strongest in EBITDA margin, which rose by 127.8 percentage points. Gross margin had the strongest contraction, falling by 1.3 percentage points.
CCI margin history
Over the last 3 years, Crown Castle recorded average margins of 74.85% gross, 48.91% operating, 22.25% EBITDA, and -15.23% net. Crown Castle's current performance shows that EBITDA and net margins are above their three-year averages and gross and operating margins are below their three-year averages.
CCI margin expansion
Compared with the same period last year, EBITDA margin expanded by 127.8 percentage points and net margin by 127.1 percentage points, while gross margin contracted by 1.3 percentage points and operating margin by 1.1 percentage points.
CCI Gross margin
Over the last 3 years, the average gross margin for Crown Castle was 74.85%. The current gross margin stands at 73.7%, 1.2 percentage points below its three-year average. Crown Castle's gross margin ranged from a low of 71.1% in Sep 2023 to a high of 79.8% in Sep 2024.
CCI Operating margin
In the last 3 years, Crown Castle had an average operating margin of 48.91%. Against its three-year average, Crown Castle's operating margin is currently 47.7%, 1.2 percentage points below its three-year average. Looking back over the last 3 years, Crown Castle's operating margin reached 67.3% at its highest point in Sep 2024 and 33.8% at its lowest in Sep 2023.
CCI EBITDA margin
Across the last 3 years, Crown Castle had an average EBITDA margin of 22.25%. Against its three-year average, Crown Castle's EBITDA margin is currently 60.1%, 37.9 percentage points above its three-year average. Looking back over the last 3 years, Crown Castle's EBITDA margin reached 78.8% at its highest point in Sep 2024 and -68% at its lowest in Mar 2025.
CCI Net margin
Crown Castle's net margin averaged -15.23% during the last 3 years. Compared with its three-year average, Crown Castle's current net margin is 20.7% and is 35.9 percentage points above its three-year average. Over the last 3 years, Crown Castle's net margin peaked at 44.4% in Sep 2024 and reached a low of -107.1% in Sep 2025.
CCI margin group comparison
With a gross margin of 73.7%, CCI stands above the Real Estate sector, the industry and its peers average. In comparison with its Real Estate sector average of 62.8%, Crown Castle's gross margin is 17% higher.
CCI margin peer comparison
Frequently asked questions
What is Crown Castle's gross margin?
For the period ending Jun 30, 2026, CCI recorded a gross margin of 73.7%.
What is Crown Castle's operating margin?
For the period ending Jun 30, 2026, CCI recorded an operating margin of 47.7%.
What is Crown Castle's EBITDA margin?
As of Jun 30, 2026, CCI has an EBITDA margin of 60.1%.
What is Crown Castle's net margin?
For the period ending Jun 30, 2026, CCI recorded a net margin of 20.7%.
What are the average margins of CCI?
Over the past 3 years, CCI reported average margins of 74.9% gross, 48.9% operating, 22.3% EBITDA, and -15.2% net.
What are the highest historical margins of CCI?
Crown Castle's highest recorded margins during the past 5 years were 79.8% gross in Sep 2024, 67.3% operating in Sep 2024, 78.8% EBITDA in Sep 2024, and 44.4% net in Sep 2024.
What are the lowest historical margins of CCI?
In the last 5 years, the lowest margins reported by CCI were 67.8% gross in Sep 2021, 31.6% operating in Dec 2021, -68% EBITDA in Mar 2025, and -107.1% net in Sep 2025.