Discontinued — last reported Q4 '24
Crown Castle Towers — Segment adjusted site rental gross margin remained flat by 0.0% to $826.75M in Q4 2024 compared to the prior quarter. Year-over-year, this metric declined by 1.9%, from $842.50M to $826.75M. Over 2 years (FY 2022 to FY 2024), Towers — Segment adjusted site rental gross margin shows relatively stable performance with a -1.4% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Higher margins indicate strong operating leverage and efficient management of site-level expenses.
The profitability of the site rental business after accounting for direct site operating expenses, excluding non-cash it...
A key performance indicator for tower REITs to demonstrate the profitability of their core leasing business.
cci_segment_towers_segment_adjusted_site_rental_gross_margin| FY'22 | FY'23 | FY'24 | |
|---|---|---|---|
| Value | $3.40B | $3.37B | $3.31B |
| YoY Change | — | -1.0% | -1.9% |