Discontinued — last reported Q3 '24
Towers — Segment services gross margin
Crown Castle Towers — Segment services gross margin increased by 45.0% to $29.00M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 16.0%, from $25.00M to $29.00M. Over 2 years (FY 2021 to FY 2023), Towers — Segment services gross margin shows a downward trend with a -17.6% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
Higher margins indicate successful monetization of service offerings, while lower margins may reflect competitive pricing or reduced demand for installation projects.
Detailed definition
The gross profit generated from ancillary services provided to tower tenants, such as site installation, engineering, or...
Peer comparison
Commonly tracked by infrastructure companies that offer professional services alongside asset leasing.
cci_segment_towers_segment_services_gross_marginHistorical Data
| 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 | $54.00M | $54.00M | $44.00M | $54.00M | $57.00M | $61.00M | $66.00M | $47.00M | $32.00M | $25.00M | $23.00M | $18.00M | $20.00M | $29.00M |
| QoQ Change | — | +0.0% | -18.5% | +22.7% | +5.6% | +7.0% | +8.2% | -28.8% | -31.9% | -21.9% | -8.0% | -21.7% | +11.1% | +45.0% |
| YoY Change | — | — | — | — | +5.6% | +13.0% | +50.0% | -13.0% | -43.9% | -59.0% | -65.2% | -61.7% | -37.5% | +16.0% |
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Frequently Asked Questions
- What is Crown Castle's towers — segment services gross margin?
- Crown Castle (CCI) reported towers — segment services gross margin of $29.00M in Q3 2024.
- How has Crown Castle's towers — segment services gross margin changed year-over-year?
- Crown Castle's towers — segment services gross margin increased by 16.0% year-over-year, from $25.00M to $29.00M.
- What is the long-term trend for Crown Castle's towers — segment services gross margin?
- Over 2 years (2021 to 2023), Crown Castle's towers — segment services gross margin has grown at a -17.6% compound annual growth rate (CAGR), from $187.00M to $127.00M.
- What does towers — segment services gross margin mean?
- Profit from additional services provided to tower tenants beyond basic leasing.