Business Segments · Site rental
Towers — Site rental
Crown Castle Towers — Site rental decreased by 2.1% to $235.00M in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 2.2%, from $230.00M to $235.00M. Over 3 years (FY 2021 to FY 2024), Towers — Site rental shows relatively stable performance with a 2.6% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2015
Last reportedQ4 2024
How to read this metric
An increase relative to revenue may indicate rising ground lease costs or operational inefficiencies.
Detailed definition
The direct operating costs associated with maintaining and operating the tower sites, including ground leases, utilities...
Peer comparison
Comparable to site operating expenses reported by other tower REITs.
Metric ID:
cci_segment_towers_site_rentalHistorical Data
15 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 | Q4 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $221.00M | $227.00M | $229.00M | $225.00M | $232.00M | $230.00M | $231.00M | $234.00M | $243.00M | $236.00M | $230.00M | $239.00M | $245.00M | $240.00M | $235.00M |
| QoQ Change | — | +2.7% | +0.9% | -1.7% | +3.1% | -0.9% | +0.4% | +1.3% | +3.8% | -2.9% | -2.5% | +3.9% | +2.5% | -2.0% | -2.1% |
| YoY Change | — | — | — | — | +5.0% | +1.3% | +0.9% | +4.0% | +4.7% | +2.6% | -0.4% | +2.1% | +0.8% | +1.7% | +2.2% |
Range$221.00M – $245.00M
CAGR+1.8%
Avg YoY Growth+2.3%
Median YoY Growth+2.1%
Current Streak2 quarters decline
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Crown Castle's towers — site rental?
- Crown Castle (CCI) reported towers — site rental of $235.00M in Q4 2024.
- How has Crown Castle's towers — site rental changed year-over-year?
- Crown Castle's towers — site rental increased by 2.2% year-over-year, from $230.00M to $235.00M.
- What is the long-term trend for Crown Castle's towers — site rental?
- Over 3 years (2021 to 2024), Crown Castle's towers — site rental has grown at a 2.6% compound annual growth rate (CAGR), from $889.00M to $959.00M.
- What does towers — site rental mean?
- The direct costs required to maintain and operate tower sites for leasing.