• Crown Castle average ebitda margin for 2023 was 59.4%, a 1.16% decline from 2022.
• Crown Castle average ebitda margin for 2022 was 58.72%, a 2.51% increase from 2021.
• Crown Castle average ebitda margin for 2021 was 60.23%, a 7.98% decline from 2020.

Ebitda margin can be defined as earnings before interest, taxes, depreciation and amortization as a portion of total revenue.