Crown Castle profit margin CCI
Gross, operating and net profit as a share of revenue over the last twelve months, from 2009.
- Net margin, 12 months
- 20.7%
- Peer median
- 25.8%
Over the twelve months to Jun 30, 2026, Crown Castle kept 20.7% of its revenue as net profit and a gross margin of 97.5%.
Five years earlier its net margin was 17.6%.
The median for 10 specialty REITs of a similar size is 25.8%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Gross margin |
|---|---|---|
| FY2025 | 10.4% | 97.3% |
| FY2024 | −87.5% | 97.6% |
| FY2023 | 21.5% | 95.5% |
| FY2022 | 24.0% | 93.3% |
| FY2021 | 17.3% | 93.1% |
| FY2020 | 18.1% | 92.3% |
| FY2019 | 14.9% | 90.9% |
| FY2018 | 11.6% | 91.9% |
| FY2017 | 10.2% | 90.4% |
| FY2016 | 9.1% | 89.4% |
| FY2015 | 41.5% | 90.2% |
| FY2014 | 11.0% | 90.8% |
| FY2013 | 3.0% | 89.4% |
| FY2012 | 7.8% | 92.2% |
| FY2011 | 8.4% | 94.7% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year |
|---|---|---|---|
| Q2 FY26 | 20.7% | n/a | |
| Q1 FY26 | 25.1% | n/a | |
| Q4 FY25 | 10.4% | +97.9 pts | |
| Q3 FY25 | n/a | n/a | |
| Q2 FY25 | n/a | n/a | |
| Q1 FY25 | n/a | n/a | |
| Q4 FY24 | −87.5% | −109.0 pts | |
| Q3 FY24 | 24.5% | +2.5 pts | |
| Q2 FY24 | 21.4% | −2.5 pts | |
| Q1 FY24 | 22.1% | −1.8 pts | |
| Q4 FY23 | 21.5% | −2.5 pts | |
| Q3 FY23 | 21.9% | −1.5 pts |
Against its peers
Companies in REIT - Specialty nearest Crown Castle's size, closest first, today.
| Company | Profit margin |
|---|---|
| CCICrown Castle | 20.7% |
| IRMIron Mountain | 5.5% |
| VMRKVivmark Residential | 28.0% |
| DLRDigital Realty Trust | 11.8% |
| SBACSBA Communications | 34.5% |
| HSTHost Hotels & Resorts | 16.5% |
| KIMKimco Realty | 27.8% |
| LAMRLamar Advertising | 23.9% |
| AMTAmerican Tower | 31.1% |
| WPCW. P. Carey | 36.3% |
| EQIXEquinix | 15.6% |
| Peer median | 25.8% |
Where Crown Castle ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Crown Castle
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.