CROWN CASTLE INC. (CCI) closed fiscal year 2025 with a gross margin of 97.3 % and a net margin of 10.4 %.
CROWN CASTLE INC. (CCI) closed fiscal year 2025 with a gross margin of 97.3 % and a net margin of 10.4 %. The same year shows an EBITDA margin of 64.8 % and an EBIT margin of 48.7 %. The free cash flow margin was 67.4 %. Across the period the gross margin ranges between 67.0 % in 2020 and 97.3 % in 2025. The series covers 19 fiscal years, from 2007 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | 95.25 % | 94.60 % | 94.49 % | 93.92 % | 94.74 % | 92.20 % | 89.39 % | 88.68 % | 90.24 % | 89.36 % | 90.62 % | 91.92 % | 90.91 % | 67.00 % | 69.20 % | 71.03 % | — | — | 97.35 % |
| EBITDA margin (%) | 46.15 % | 53.65 % | 57.18 % | 59.41 % | 61.26 % | 59.90 % | 56.60 % | 54.44 % | 54.11 % | 52.49 % | 51.89 % | 54.19 % | 54.33 % | 59.43 % | 57.49 % | 59.15 % | 60.92 % | 63.99 % | 64.85 % |
| EBIT margin (%) | 7.18 % | 19.16 % | 25.75 % | 30.63 % | 34.06 % | 34.31 % | 30.73 % | 26.58 % | 25.82 % | 24.20 % | 22.73 % | 25.75 % | 27.05 % | 31.90 % | 31.56 % | 34.71 % | 44.30 % | 47.49 % | 48.66 % |
| Net margin (%) | -16.08 % | -3.20 % | -6.78 % | -16.55 % | 8.42 % | 7.75 % | 3.14 % | 11.04 % | 41.51 % | 9.10 % | 10.45 % | 11.58 % | 14.92 % | 18.08 % | 17.29 % | 23.98 % | 31.73 % | -87.51 % | 10.41 % |
| FCF margin (%) | 3.63 % | 4.08 % | 23.60 % | 19.98 % | 14.54 % | 13.61 % | 24.53 % | 25.65 % | 24.16 % | 23.28 % | 19.15 % | 14.17 % | 11.12 % | 24.50 % | 23.63 % | 22.44 % | 86.08 % | 62.04 % | 67.42 % |
