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Crown Castle CCI Operating margin

Operating margin at other companies

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20.5%-1.0pp
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20.1%+4.2pp
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47.3%-6.6pp
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44.8%-0.7pp
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19.8%-3.3pp
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Other financials

Income statement

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Revenue$1.0B-4.9%
Gross profit$984.0M-4.7%
Operating income$470.0M-7.1%
Net income$94.0M-67.7%
EPS (diluted)$0.22-67.2%

Balance sheet

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Cash & equivalents$1.0B+280%
Total debt$23.4B-26.4%
Total equity-$1.9B-53.2%
Total assets$21.5B-32.0%

Cash flow

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Operating cash flow$531.0M-36.2%
CapEx-$173.0M-533%
Free cash flow$358.0M-54.8%

Valuation

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Market cap$33.34B-28.6%
Enterprise value$55.71B-28.8%
P/E38.7×
P/S-2.7×

Profitability

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Gross margin97.3%-0.3pp
Net margin20.7%+11.3pp
FCF margin55.1%-10.9pp

Returns & leverage

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Return on equity20.5%-1.1pp
Debt / equity5.7×+1.3×
Current ratio0.5×+0.2×

Where this comes from

Calculated from Crown Castle’s reported figures.

Based on trailing twelve months.

The source filing: Crown Castle’s 8-K, filed July 22, 2026. Open the filing →

Filed
Jul 22, 2026, 4:17 PM EDT
Accession
0001051470-26-000069

FAQ

What is Crown Castle's operating margin?
Crown Castle (CCI) reported operating margin of 47.7% in Q2 2026.
How has Crown Castle's operating margin changed year-over-year?
Crown Castle's operating margin decreased by 2.4% year-over-year, from 48.8% to 47.7%.
What is the long-term trend for Crown Castle's operating margin?
Over 4 years (2020 to 2025), Crown Castle's operating margin has grown at a 11.1% compound annual growth rate (CAGR), from 31.9% to 48.7%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.

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