Crown Castle Inc.

CCI Real Estate Reit Specialty

Crown Castle Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.3 billion, down 4.39% from fiscal 2024.

Revenue
−7.18%
EPS
−9.46%
Free cash flow
−78.1%
Total debt
−26.8%

Quarter to September 2026, against a year earlier

91.31 0.86 −0.93%
Market cap
$38.7B
P/E
47.8×
Fwd P/E
46.0×
Dividend yield
4.65%
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Crown Castle Inc. (CCI) Gross margin

Alert me on Gross margin

Crown Castle Inc.'s gross margin over the twelve months to 30 September 2026 was 73.7%, down 0.4 percentage points from fiscal 2025 (74.1%). Over the past ten years it has ranged from 63.3% (fiscal 2016) to 75.6% (fiscal 2024); the current reading is higher than 91% of that period. That is above the Reit Specialty industry median of 67.6% and above the Real Estate sector median of 62.8%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 74.1% (1.47)
FY2024 75.6% 2.28
FY2023 73.3% 2.88
FY2022 70.4% 1.84
FY2021 68.6% 2.28
FY2020 66.3% 0.74
FY2019 65.5% (0.12)
FY2018 65.7% 1.92
FY2017 63.7% 0.49
FY2016 63.3% (0.68)

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 73.8% 0.36
Jun 2026 73.4% (0.25)
Mar 2026 73.7% (0.29)
Dec 2025 74.0% 0.07
43 more quarters

Against its own ten years

Low 63.3% High 75.6%
Ten-year median 66.3%
Current reading's percentile 84

Gross margin against peers

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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