Crown Castle annual operating margin
2007
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2014
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2020
2021
2022
2023
2024
2025
Crown Castle Operating Margin Growth & History (CCI)
Crown Castle's operating margin was 965.12% for fiscal 2025.
View full Crown Castle company overviewCrown Castle annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 965.12% | −138.01 pp |
| 2024 | 2024-12-31 | 1,103.13% | +605.03 pp |
| 2023 | 2023-12-31 | 498.10% | +150.18 pp |
| 2022 | 2022-12-31 | 347.92% | +25.70 pp |
| 2021 | 2021-12-31 | 322.22% | −36.05 pp |
| 2020 | 2020-12-31 | 358.27% | +125.58 pp |
| 2019 | 2019-12-31 | 232.69% | −8.25 pp |
| 2018 | 2018-12-31 | 240.94% | +55.34 pp |
| 2017 | 2017-12-31 | 185.60% | +47.67 pp |
| 2016 | 2016-12-31 | 137.94% | +112.11 pp |
| 2015 | 2015-12-31 | 25.82% | −0.76 pp |
| 2014 | 2014-12-31 | 26.58% | −4.15 pp |
| 2013 | 2013-12-31 | 30.73% | −3.58 pp |
| 2012 | 2012-12-31 | 34.31% | +0.25 pp |
| 2011 | 2011-12-31 | 34.06% | +3.43 pp |
| 2010 | 2010-12-31 | 30.63% | +4.88 pp |
| 2009 | 2009-12-31 | 25.75% | +6.59 pp |
| 2008 | 2008-12-31 | 19.16% | +11.98 pp |
| 2007 | 2007-12-31 | 7.18% | — |
Crown Castle quarterly operating margin
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Q4.10
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Q2.22
Q3.22
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Q2.23
Q3.23
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Q2.24
Q3.24
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Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1,146.34% | +173.26 pp |
| Q1 2026 | 2026-03-31 | 948.98% | −93.02 pp |
| Q4 2025 | 2025-12-31 | 986.79% | −178.51 pp |
| Q3 2025 | 2025-09-30 | 875.00% | −110.19 pp |
| Q2 2025 | 2025-06-30 | 973.08% | −178.09 pp |
| Q1 2025 | 2025-03-31 | 1,042.00% | −88.43 pp |
| Q4 2024 | 2024-12-31 | 1,165.31% | +430.42 pp |
| Q3 2024 | 2024-09-30 | 985.19% | +445.19 pp |
| Q2 2024 | 2024-06-30 | 1,151.16% | +671.31 pp |
| Q1 2024 | 2024-03-31 | 1,130.43% | +708.96 pp |
| Q4 2023 | 2023-12-31 | 734.88% | +405.85 pp |
| Q3 2023 | 2023-09-30 | 540.00% | +201.80 pp |
| Q2 2023 | 2023-06-30 | 479.86% | +124.77 pp |
| Q1 2023 | 2023-03-31 | 421.48% | +49.19 pp |
| Q4 2022 | 2022-12-31 | 329.03% | +39.03 pp |
| Q3 2022 | 2022-09-30 | 338.20% | +23.23 pp |
| Q2 2022 | 2022-06-30 | 355.09% | +35.47 pp |
| Q1 2022 | 2022-03-31 | 372.29% | −13.92 pp |
| Q4 2021 | 2021-12-31 | 290.00% | −193.69 pp |
| Q3 2021 | 2021-09-30 | 314.97% | +19.73 pp |
| Q2 2021 | 2021-06-30 | 319.62% | +3.09 pp |
| Q1 2021 | 2021-03-31 | 386.21% | +58.28 pp |
| Q4 2020 | 2020-12-31 | 483.69% | +179.69 pp |
| Q3 2020 | 2020-09-30 | 295.24% | +78.32 pp |
| Q2 2020 | 2020-06-30 | 316.53% | +105.12 pp |
| Q1 2020 | 2020-03-31 | 327.93% | +106.84 pp |
| Q4 2019 | 2019-12-31 | 304.00% | −130.21 pp |
| Q3 2019 | 2019-09-30 | 216.92% | +28.96 pp |
| Q2 2019 | 2019-06-30 | 211.41% | −2.87 pp |
| Q1 2019 | 2019-03-31 | 221.08% | −17.96 pp |
| Q4 2018 | 2018-12-31 | 434.21% | +280.68 pp |
| Q3 2018 | 2018-09-30 | 187.96% | +163.01 pp |
| Q2 2018 | 2018-06-30 | 214.29% | +189.19 pp |
| Q1 2018 | 2018-03-31 | 239.04% | +214.42 pp |
| Q3 2017 | 2017-09-30 | 153.53% | +129.51 pp |
| Q2 2017 | 2017-06-30 | 24.95% | +2.29 pp |
| Q1 2017 | 2017-03-31 | 25.10% | +0.81 pp |
| Q3 2016 | 2016-09-30 | 24.62% | −0.52 pp |
| Q2 2016 | 2016-06-30 | 24.02% | −2.74 pp |
| Q1 2016 | 2016-03-31 | 22.66% | −4.54 pp |
| Q4 2015 | 2015-12-31 | 24.29% | −1.83 pp |
| Q3 2015 | 2015-09-30 | 25.14% | −1.63 pp |
| Q2 2015 | 2015-06-30 | 26.76% | +2.04 pp |
| Q1 2015 | 2015-03-31 | 27.20% | −1.52 pp |
| Q4 2014 | 2014-12-31 | 26.12% | −3.93 pp |
| Q3 2014 | 2014-09-30 | 26.77% | −2.98 pp |
| Q2 2014 | 2014-06-30 | 24.73% | −6.56 pp |
| Q1 2014 | 2014-03-31 | 28.72% | −3.04 pp |
| Q4 2013 | 2013-12-31 | 30.05% | −0.91 pp |
| Q3 2013 | 2013-09-30 | 29.75% | −5.78 pp |
| Q2 2013 | 2013-06-30 | 31.29% | −3.38 pp |
| Q1 2013 | 2013-03-31 | 31.76% | −4.89 pp |
| Q4 2012 | 2012-12-31 | 30.96% | −3.08 pp |
| Q3 2012 | 2012-09-30 | 35.53% | +0.14 pp |
| Q2 2012 | 2012-06-30 | 34.67% | +1.26 pp |
| Q1 2012 | 2012-03-31 | 36.65% | +3.30 pp |
| Q4 2011 | 2011-12-31 | 34.04% | +2.58 pp |
| Q3 2011 | 2011-09-30 | 35.40% | +3.03 pp |
| Q2 2011 | 2011-06-30 | 33.41% | +4.27 pp |
| Q1 2011 | 2011-03-31 | 33.35% | +4.01 pp |
| Q4 2010 | 2010-12-31 | 31.46% | +4.53 pp |
| Q3 2010 | 2010-09-30 | 32.36% | +4.68 pp |
| Q2 2010 | 2010-06-30 | 29.13% | +5.10 pp |
| Q1 2010 | 2010-03-31 | 29.34% | +5.21 pp |
| Q4 2009 | 2009-12-31 | 26.93% | +7.16 pp |
| Q3 2009 | 2009-09-30 | 27.69% | +9.62 pp |
| Q2 2009 | 2009-06-30 | 24.03% | — |
| Q1 2009 | 2009-03-31 | 24.14% | — |
| Q3 2008 | 2008-09-30 | 19.77% | — |
| Q2 2008 | 2008-06-30 | 18.07% | — |
Crown Castle operating margin trends
Over the last five reported fiscal years, Crown Castle's operating margin increased from 358.27% to 965.12%, a change of +606.85 percentage points. The latest reported quarter, Q2 2026, shows 1,146.34%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Crown Castle filings at SEC.gov ↗