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
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Crown Castle Inc. (CCI) Operating margin
Crown Castle Inc.'s operating margin over the twelve months to 30 September 2026 was 47.1%, down 1.6 percentage points from fiscal 2025 (48.7%). Over the past ten years it has ranged from 22.7% (fiscal 2017) to 48.7% (fiscal 2025) — the current reading is the highest in ten years. That is above the Reit Specialty industry median of 20.7% and above the Real Estate sector median of 17.8%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 48.7% | 1.17 |
| FY2024 | 47.5% | 3.19 |
| FY2023 | 44.3% | 9.59 |
| FY2022 | 34.7% | 3.15 |
| FY2021 | 31.6% | (0.34) |
| FY2020 | 31.9% | 4.85 |
| FY2019 | 27.1% | 1.30 |
| FY2018 | 25.8% | 3.02 |
| FY2017 | 22.7% | (1.47) |
| FY2016 | 24.2% | (1.62) |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Sep 2026 | 46.7% | 0.10 |
| Jun 2026 | 46.6% | 0.59 |
| Mar 2026 | 46.0% | (2.79) |
| Dec 2025 | 48.8% | (0.14) |
| 43 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| GLPI Gaming and Leisure Properties, Inc. compare | 79.1% |
| SBAC SBA Communications Corporation compare | 47.7% |
| CCI Crown Castle Inc. | 47.1% |
| AMT American Tower Corporation compare | 44.9% |
| LAMR Lamar Advertising Company compare | 32.1% |
| EQIX Equinix, Inc. compare | 22.5% |
| IRM Iron Mountain Incorporated compare | 19.5% |
| WY Weyerhaeuser Company compare | 11.7% |
| DLR Digital Realty Trust, Inc. compare | 2.78% |
| Reit Specialty industry median | 20.7% |
| Real Estate sector median | 17.8% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on CCI
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement