• Crown Castle average operating margin for 2023 was 34.39%, a 1.84% decline from 2022.
• Crown Castle average operating margin for 2022 was 33.77%, a 1.02% increase from 2021.
• Crown Castle average operating margin for 2021 was 33.43%, a 18.59% increase from 2020.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.