Discontinued — last reported Q3 '24
Business Segments · Segment site rental gross margin
Fiber — Segment site rental gross margin
Crown Castle Fiber — Segment site rental gross margin increased by 3.0% to $348.00M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 6.1%, from $328.00M to $348.00M. Over 2 years (FY 2021 to FY 2023), Fiber — Segment site rental gross margin shows an upward trend with a 9.4% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ1 2017
Last reportedQ3 2024
How to read this metric
Higher margins indicate strong pricing power and efficient management of network operating costs.
Detailed definition
The profitability of the fiber segment's core leasing business, calculated as site rental revenue minus the direct costs...
Peer comparison
Equivalent to Gross Margin for infrastructure leasing segments in telecom and tower companies.
Metric ID:
cci_segment_fiber_segment_site_rental_gross_marginHistorical Data
14 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $312.00M | $316.00M | $341.00M | $339.00M | $327.00M | $318.00M | $333.00M | $371.00M | $477.00M | $328.00M | $357.00M | $338.00M | $338.00M | $348.00M |
| QoQ Change | — | +1.3% | +7.9% | -0.6% | -3.5% | -2.8% | +4.7% | +11.4% | +28.6% | -31.2% | +8.8% | -5.3% | +0.0% | +3.0% |
| YoY Change | — | — | — | — | +4.8% | +0.6% | -2.3% | +9.4% | +45.9% | +3.1% | +7.2% | -8.9% | -29.1% | +6.1% |
Range$312.00M – $477.00M
CAGR+3.4%
Avg YoY Growth+3.7%
Median YoY Growth+4.0%
Current Streak2 quarters growth
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Crown Castle's fiber — segment site rental gross margin?
- Crown Castle (CCI) reported fiber — segment site rental gross margin of $348.00M in Q3 2024.
- How has Crown Castle's fiber — segment site rental gross margin changed year-over-year?
- Crown Castle's fiber — segment site rental gross margin increased by 6.1% year-over-year, from $328.00M to $348.00M.
- What is the long-term trend for Crown Castle's fiber — segment site rental gross margin?
- Over 2 years (2021 to 2023), Crown Castle's fiber — segment site rental gross margin has grown at a 9.4% compound annual growth rate (CAGR), from $1.28B to $1.53B.
- What does fiber — segment site rental gross margin mean?
- The profit earned from fiber site rentals after subtracting direct service costs.