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Crown Castle (LTS:0I4W) Gross Profit : $4,757 Mil (TTM As of Sep. 2024)


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What is Crown Castle Gross Profit?

Crown Castle's gross profit for the three months ended in Sep. 2024 was $1,192 Mil. Crown Castle's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was $4,757 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Crown Castle's gross profit for the three months ended in Sep. 2024 was $1,192 Mil. Crown Castle's Revenue for the three months ended in Sep. 2024 was $1,652 Mil. Therefore, Crown Castle's Gross Margin % for the quarter that ended in Sep. 2024 was 72.15%.

Crown Castle had a gross margin of 72.15% for the quarter that ended in Sep. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Crown Castle was 72.15%. The lowest was 63.08%. And the median was 65.60%.


Crown Castle Gross Profit Historical Data

The historical data trend for Crown Castle's Gross Profit 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 Gross Profit Chart

Crown Castle Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,777.00 3,871.00 4,347.00 4,918.00 5,001.00

Crown Castle Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,181.00 1,221.00 1,177.00 1,167.00 1,192.00

Competitive Comparison of Crown Castle's Gross Profit

For the REIT - Specialty subindustry, Crown Castle's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Crown Castle's Gross Profit Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Crown Castle's Gross Profit distribution charts can be found below:

* The bar in red indicates where Crown Castle's Gross Profit falls into.



Crown Castle Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Crown Castle's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=6981 - 1980
=5,001

Crown Castle's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=1652 - 460
=1,192

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $4,757 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Crown Castle's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=1,192 / 1652
=72.15 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Crown Castle  (LTS:0I4W) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Crown Castle had a gross margin of 72.15% for the quarter that ended in Sep. 2024 => Durable competitive advantage


Crown Castle Gross Profit Related Terms

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Crown Castle Business Description

Address
8020 Katy Freeway, Houston, TX, USA, 77024-1908
Crown Castle International owns and leases roughly 40,000 cell towers in the United States. It also owns more than 90,000 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 us cities. The company has a very concentrated customer base, with about 75% of its revenue coming from the big three us mobile carriers. Crown Castle operates as a real estate investment trust.

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