Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Crown Castle's Pre-Tax Income for the
three
months ended in Mar. 2024 was $318 Mil. Crown Castle's Revenue for the
three
months ended in Mar. 2024 was $1,641 Mil. Therefore, Crown Castle's pretax margin for the quarter that ended in Mar. 2024 was 19.38%.
The historical rank and industry rank for Crown Castle's Pretax Margin % or its related term are showing as below:
CCI'
s Pretax Margin % Range Over the Past 10 Years
Min: 9.21 Med: 14.11 Max: 24.21
Current: 20.73
CCI's Pretax Margin % is ranked worse than 59.55% of 796
companies
in the REITs industry
Industry Median: 33.985
vs CCI: 20.73
Crown Castle Pretax Margin % Historical Data
The historical data trend for Crown Castle's Pretax Margin % 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.
Competitive Comparison of Crown Castle's Pretax Margin %
For the REIT - Specialty subindustry, Crown Castle's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Crown Castle's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Crown Castle's Pretax Margin % falls into.
Crown Castle Pretax Margin % Calculation
Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.
Crown Castle's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Crown Castle Pretax Margin % Related Terms
Thank you for viewing the detailed overview of Crown Castle's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
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.
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