Crown Castle International (Crown Castle International) COGS-to-Revenue : 0.28 (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Crown Castle International COGS-to-Revenue?

Crown Castle International's Cost of Goods Sold for the three months ended in Mar. 2024 was $464.00 Mil. Its Revenue for the three months ended in Mar. 2024 was $1,641.00 Mil.

Crown Castle International's COGS to Revenue for the three months ended in Mar. 2024 was 0.28.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Crown Castle International's Gross Margin % for the three months ended in Mar. 2024 was 71.72%.

Crown Castle International COGS-to-Revenue Historical Data

The historical data trend for Crown Castle International's COGS-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Crown Castle International COGS-to-Revenue Chart

Crown Castle International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.34

0.31

0.30

0.28

Crown Castle International Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial															0.29	0.28	0.29	0.27	0.28

Crown Castle International COGS-to-Revenue Calculation

Crown Castle International's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1980	/	6981
	=	0.28

Crown Castle International's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	464	/	1641
	=	0.28

Crown Castle International (NYSE:CCIpA.PFD) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Crown Castle International's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	464 / 1641
	=	71.72 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

Crown Castle International COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of Crown Castle International's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

Crown Castle International (Crown Castle International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Crown Castle International Corp (NYSE:CCIpA.PFD) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

CCI:USA 8CW:Germany 8CW:Germany C1CI34:Brazil

Address

8020 Katy Freeway, Houston, TX, USA, 77024-1908

Website

https://www.crowncastle.com

Crown Castle International owns and leases roughly 40,000 cell towers in the United States. It also owns more than 85,000 route miles of fiber. It leases space on its towers to wireless service providers, which install equipment on the towers to support their wireless networks. The company's fiber is primarily leased by wireless service providers to set up small-cell network infrastructure and by enterprises for their internal connection needs. Crown Castle's towers and fiber are predominantly located in the largest U.S. cities. The company has a very concentrated customer base, with more than 70% of its revenue coming from the big three U.S. mobile carriers. Crown Castle operates as a real estate investment trust.