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Crown Castle CCI Gross margin

Gross margin at other companies

SBA Communications logo
SBA CommunicationsSBAC
93%-2.0pp
Welltower logo
WelltowerWELL
39.8%+0.6pp
MTZ
MasTecMTZ
12.8%-0.3pp

Other financials

Income statement

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Revenue$1.0B-4.8%
Gross profit$984.0M-4.7%
Operating income$465.0M-10.8%
Net income$151.0M+133%
EPS (diluted)$0.34+132%

Balance sheet

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Cash & equivalents$325.0M+16.9%
Total debt$33.0B+5.9%
Total equity-$1.9B-53.2%
Total assets$31.4B-1.2%

Cash flow

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Operating cash flow$509.0M-20.6%
CapEx$57.0M+42.5%
Free cash flow$452.0M-24.8%

Valuation

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Market cap$37.43B-21.9%
Enterprise value$70.14B-10.7%
P/E35.4×
P/S8.9×-2.0×

Profitability

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Operating margin47.9%-0.1pp
Net margin25.1%+13.9pp

Returns & leverage

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Return on equity20.5%-1.1pp
Debt / equity5.7×+1.3×
Current ratio0.3×-0.1×

Where this comes from

Calculated from Crown Castle’s reported figures.

Based on trailing twelve months.

The official record: Crown Castle’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Crown Castle's gross margin?
Crown Castle (CCI) reported gross margin of 97.3% in Q1 2026.
How has Crown Castle's gross margin changed year-over-year?
Crown Castle's gross margin decreased by 0.3% year-over-year, from 97.6% to 97.3%.
What is the long-term trend for Crown Castle's gross margin?
Over 2 years (2021 to 2025), Crown Castle's gross margin has grown at a 2.4% compound annual growth rate (CAGR), from 371.9% to 389.9%.
What does gross margin mean?
How much of every sales dollar is left after the direct cost of what was sold.
How do you interpret gross margin?
Higher and stable gross margins indicate pricing power and a durable cost structure. A declining trend signals input-cost pressure, pricing competition, or a shift toward lower-margin products.
How does gross margin compare across companies?
Highly comparable within an industry, less so across industries — software runs 70%+ while distributors run in single digits. Track the trend more than the absolute level across sectors.