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Crown Castle CCI Ratios & Valuation

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Gross margin97.3%-0.3pp97.3%-0.3pp97.4%97.5%97.6%
Operating margin47.9%-0.1pp48.7%+1.2pp49.2%48.8%48.1%
Net margin25.1%+131pp10.4%+97.9pp-107.1%-106.4%-106.1%
EBITDA margin64.2%-0.3pp64.8%+0.9pp65.5%65.3%64.4%
Free cash flow margin64.7%+0.8pp67.4%+5.4pp67%66%63.9%
Returns
Return on assets3.4%+16.7pp1.4%+12.3pp-13.3%-16.5pp-13.3%-16.4pp-13.4%-17.0pp
Return on invested capital6.6%+0.2pp6.8%+0.4pp6.4%+1.2pp6.4%+1.4pp6.4%+1.0pp
Efficiency
Asset turnover0.1×0.0×0.1×0.0×0.1×0.1×0.1×
Liquidity
Current ratio0.3×-0.1×0.3×-0.2×0.3×-0.3×0.3×-0.2×0.4×-0.1×
Quick ratio0.3×-0.1×0.3×-0.2×0.3×-0.3×0.3×-0.2×0.4×-0.1×
Cash ratio0.1×0.0×0.1×-0.1×0.1×-0.1×0.1×-0.1×0.1×0.0×
Leverage
Debt-to-assets1.1×+0.1×+0.1×+0.2×+0.2×+0.2×
Net debt / EBITDA12.1×+1.2×11.6×+1.1×11.4×11.1×10.9×
Interest coverage2.1×-0.2×2.1×-0.1×2.2×+0.2×2.2×+0.2×2.2×0.0×
Per Share
Book value per share-$4.39-52.9%-$3.74-1,121%-$3.42-128%-$3.16-124%-$2.87-121%
Valuation
Market capitalization$35.46B-21.9%$38.7B-1.9%$42.02B-18.5%$44.93B+5.8%$45.39B-1.3%
Enterprise value$68.16B-10.7%$70.74B+2.0%$74.11B-9.0%$76.48B+5.6%$76.29B+0.8%
Price / earnings33.5×87.2×
Price / sales8.4×-1.9×9.1×+0.2×9.7×10.3×10.3×
EV / EBITDA25.2×-1.6×25.6×+1.3×26.2×26.9×26.9×
EV / sales16.2×-1.1×16.6×+1.0×17.2×17.5×17.3×
Free cash flow yield7.7%+1.5pp7.4%+0.4pp6.9%-0.2pp6.4%-1.0pp6.2%-0.7pp
Earnings yield3%+13.3pp1.1%+11.0pp-11%-13.4pp-10.3%-13.1pp-10.3%-13.3pp
Dividend yield6.5%+0.5pp5.4%-1.5pp7.5%+2.3pp6.6%+0.1pp6%+0.1pp

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Questions, answered.

What are Crown Castle's profit margins?
Crown Castle (CCI) runs a 97.3% gross margin and a 47.9% operating margin, with a 25.1% net margin.
Where do Crown Castle's ratios come from?
Every ratio is computed from Crown Castle's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.