Crown Castle Inc. (CCI) stock
CCINYSEReal Estate Investment TrustsFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 4, 2026Score 7/3039% above fair value
$89.69+0.63 (+0.71%)
Close on Nov 12, 2026Market cap $38.16BP/E 47.2Yield 5.30%
Crown Castle gross margin
Gross margin is gross profit as a percentage of revenue.
Crown Castle's gross margin for the twelve months ending Sep 30, 2026 was 97.9%. For fiscal 2025 it was 97.3%, against 97.6% the year before. The highest annual figure on record is 97.6% in fiscal 2024.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 97.3% | −0.3 |
| FY2024 | Dec 31, 2024 | 97.6% | +4.0 |
| FY2023 | Dec 31, 2023 | 93.6% | +22.6 |
| FY2022 | Dec 31, 2022 | 71.0% | +1.8 |
| FY2021 | Dec 31, 2021 | 69.2% | +2.2 |
| FY2020 | Dec 31, 2020 | 67.0% | −23.9 |
| FY2019 | Dec 31, 2019 | 90.9% | −1.0 |
| FY2018 | Dec 31, 2018 | 91.9% | +1.3 |
| FY2017 | Dec 31, 2017 | 90.6% | +1.3 |
| FY2016 | Dec 31, 2016 | 89.4% | −0.9 |
| FY2015 | Dec 31, 2015 | 90.2% | +1.6 |
| FY2014 | Dec 31, 2014 | 88.7% | −0.7 |
| FY2013 | Dec 31, 2013 | 89.4% | −2.8 |
| FY2012 | Dec 31, 2012 | 92.2% | −2.5 |
| FY2011 | Dec 31, 2011 | 94.7% | +0.8 |
| FY2010 | Dec 31, 2010 | 93.9% | −0.6 |
| FY2009 | Dec 31, 2009 | 94.5% | −0.1 |
| FY2008 | Dec 31, 2008 | 94.6% | −0.7 |
| FY2007 | Dec 31, 2007 | 95.3% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 98.7% | +1.5 |
| Q2 FY2026 | Jun 30, 2026 | 98.1% | +0.7 |
| Q1 FY2026 | Mar 31, 2026 | 97.4% | +0.1 |
| Q4 FY2025 | Dec 31, 2025 | 97.3% | −0.4 |
| Q3 FY2025 | Sep 30, 2025 | 97.2% | −0.4 |
| Q2 FY2025 | Jun 30, 2025 | 97.5% | −0.3 |
| Q1 FY2025 | Mar 31, 2025 | 97.4% | −0.0 |
| Q4 FY2024 | Dec 31, 2024 | 97.7% | −0.2 |
| Q3 FY2024 | Sep 30, 2024 | 97.6% | +1.5 |
| Q2 FY2024 | Jun 30, 2024 | 97.7% | +3.0 |
| Q1 FY2024 | Mar 31, 2024 | 97.4% | +3.3 |
| Q4 FY2023 | Dec 31, 2023 | 97.8% | +93.1 |
| Q3 FY2023 | Sep 30, 2023 | 96.0% | +2.9 |
| Q2 FY2023 | Jun 30, 2023 | 94.8% | +1.2 |
| Q1 FY2023 | Mar 31, 2023 | 94.1% | +0.6 |
| Q4 FY2022 | Dec 31, 2022 | 4.8% | +4.6 |
| Q3 FY2022 | Sep 30, 2022 | 93.2% | +0.3 |
| Q2 FY2022 | Jun 30, 2022 | 93.5% | +0.2 |
| Q1 FY2022 | Mar 31, 2022 | 93.5% | −1.0 |
| Q4 FY2021 | Dec 31, 2021 | 0.1% | +7.5 |
| Q3 FY2021 | Sep 30, 2021 | 92.9% | +0.8 |
| Q2 FY2021 | Jun 30, 2021 | 93.4% | +0.9 |
| Q1 FY2021 | Mar 31, 2021 | 94.5% | +1.5 |
| Q4 FY2020 | Dec 31, 2020 | -7.4% | −99.2 |
| Q3 FY2020 | Sep 30, 2020 | 92.1% | +2.0 |
| Q2 FY2020 | Jun 30, 2020 | 92.5% | +2.0 |
| Q1 FY2020 | Mar 31, 2020 | 93.0% | +1.8 |
| Q4 FY2019 | Dec 31, 2019 | 91.8% | −0.1 |
| Q3 FY2019 | Sep 30, 2019 | 90.1% | −3.2 |
| Q2 FY2019 | Jun 30, 2019 | 90.5% | −2.3 |
| Q1 FY2019 | Mar 31, 2019 | 91.2% | +1.3 |
| Q2 FY2018 | Sep 30, 2018 | 91.9% | +2.0 |
| Q1 FY2018 | Mar 31, 2018 | 93.4% | +3.1 |
| Q4 FY2017 | Dec 31, 2017 | 92.8% | +5.5 |
| Q3 FY2017 | Sep 30, 2017 | 89.9% | +0.9 |
| Q2 FY2017 | Jun 30, 2017 | 90.0% | – |
| Q1 FY2017 | Mar 31, 2017 | 90.3% | – |
| Q4 FY2016 | Dec 31, 2016 | 87.3% | – |
| Q3 FY2016 | Sep 30, 2016 | 89.0% | – |
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