• Crown Castle average gross margin for 2023 was 70.98%, a 1.82% increase from 2022.
• Crown Castle average gross margin for 2022 was 69.71%, a 3% increase from 2021.
• Crown Castle average gross margin for 2021 was 67.68%, a 2.28% increase from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.