Crown Castle (CCI) seasonality heatmap
Returns across monthly, quarterly, and yearly periods. Cell color encodes signed magnitude; the scale auto-fits each table.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -2.3% | +3.2% | -8.1% | +9.2% | +3.1% | -16.3% | +4.4% | — | — | — | — | — |
| 2025 | -1.6% | +5.4% | +12.6% | +1.5% | -5.1% | +3.5% | +2.3% | -5.7% | -1.6% | -6.5% | +1.2% | -1.5% |
| 2024 | -6.0% | +1.6% | -2.3% | -11.4% | +9.3% | -3.2% | +12.7% | +1.8% | +7.3% | -9.4% | -1.2% | -13.2% |
| 2023 | +9.2% | -11.7% | +3.6% | -8.0% | -8.0% | +2.0% | -5.0% | -7.2% | -6.9% | +1.0% | +26.1% | -0.5% |
| 2022 | -12.6% | -8.7% | +11.8% | +0.3% | +2.4% | -10.4% | +7.3% | -5.4% | -14.6% | -7.8% | +6.1% | -3.0% |
| 2021 | +0.0% | -2.2% | +11.5% | +9.8% | +0.2% | +3.6% | -1.0% | +0.8% | -10.3% | +4.0% | +0.7% | +15.8% |
| 2020 | +5.4% | -4.4% | +1.6% | +10.4% | +8.0% | -2.1% | -0.4% | -2.1% | +2.8% | -6.2% | +7.3% | -4.2% |
| 2019 | +7.8% | +1.4% | +8.8% | -1.7% | +3.4% | +1.1% | +2.2% | +8.9% | -3.5% | -0.2% | -3.7% | +7.3% |
| 2018 | +1.6% | -2.4% | +0.5% | -8.0% | +3.3% | +4.6% | +2.8% | +2.9% | -1.4% | -2.3% | +5.7% | -4.5% |
| 2017 | +1.2% | +6.5% | +2.1% | +0.2% | +7.4% | -0.5% | +0.4% | +7.8% | -7.0% | +7.1% | +5.5% | -0.8% |
| 2016 | -0.3% | +0.3% | +1.1% | +0.4% | +4.5% | +12.8% | -4.3% | -2.3% | +0.4% | -3.4% | -8.3% | +5.1% |
| 2015 | +9.9% | -0.2% | -3.4% | +1.2% | -2.4% | -0.5% | +2.0% | +1.8% | -4.4% | +8.3% | +0.5% | +1.7% |
| 2014 | -3.4% | +7.0% | -2.3% | -1.4% | +5.5% | -2.7% | -0.1% | +7.2% | +1.7% | -3.0% | +6.4% | -4.2% |
| 2013 | -2.3% | -1.0% | -0.2% | +10.6% | -7.5% | +1.6% | -3.0% | -1.2% | +5.2% | +4.1% | -2.4% | -1.1% |
| 2012 | +8.2% | +6.9% | +3.0% | +6.1% | -3.5% | +7.4% | +5.5% | +2.5% | +1.0% | +4.1% | +1.1% | +6.9% |
| 2011 | -3.8% | -0.0% | +0.9% | +0.7% | -3.4% | -1.5% | +6.4% | +0.1% | -6.3% | +1.7% | +2.3% | +5.9% |
| 2010 | -5.4% | +2.3% | +1.1% | -1.0% | -2.1% | +0.6% | +6.0% | +4.1% | +7.4% | -2.3% | -3.7% | +5.5% |
| 2009 | +11.0% | -10.2% | +16.4% | +20.1% | -1.1% | -1.0% | +19.6% | -6.6% | +16.8% | -3.6% | +21.4% | +6.4% |
| 2008 | -13.2% | -0.1% | -4.4% | +12.7% | +9.4% | -8.9% | -1.4% | -2.1% | -22.5% | -26.9% | -33.5% | +24.9% |
| 2007 | +8.9% | -7.0% | -1.8% | +6.9% | +7.2% | -1.5% | -0.0% | +1.4% | +10.5% | +1.1% | +2.1% | -0.8% |
| 2006 | +17.6% | -0.9% | -9.6% | +18.8% | -5.6% | +8.7% | +2.0% | -2.5% | +2.6% | -4.5% | +2.4% | -6.2% |
| 2005 | -1.4% | -0.4% | -1.7% | +0.4% | +10.3% | +14.2% | +7.1% | +13.9% | -0.5% | -0.5% | +11.7% | -1.8% |
| 2004 | +12.5% | -2.8% | +4.8% | +10.5% | +5.6% | +0.1% | -4.3% | +1.3% | +4.1% | +2.9% | +10.3% | -1.5% |
| 2003 | +5.3% | -2.1% | +41.9% | +16.0% | +30.6% | -6.8% | +27.5% | +8.5% | -12.5% | +34.7% | -2.0% | -11.2% |
| 2002 | -31.9% | -14.6% | +6.4% | +10.5% | -38.3% | -12.9% | -41.4% | 0.0% | -5.8% | +61.1% | +13.3% | -5.0% |
| 2001 | +3.2% | -10.1% | -41.0% | +65.3% | -32.2% | -1.2% | -40.6% | +4.6% | -11.7% | +30.0% | -6.9% | -2.0% |
| 2000 | -1.5% | +1.9% | +17.5% | +1.3% | -31.8% | +39.4% | -6.8% | +2.0% | -10.5% | -2.4% | -21.5% | +13.7% |
| 1999 | -7.9% | -21.4% | +5.8% | +6.3% | +5.2% | +3.4% | +1.2% | -28.1% | +23.7% | +2.8% | +9.4% | +52.6% |
| 1998 | — | — | — | — | — | — | — | — | +18.5% | +33.7% | +4.4% | +74.8% |
| Avg | +0.3% | -2.3% | +2.7% | +6.7% | -0.9% | +1.2% | -0.1% | +0.2% | -0.6% | +4.2% | +2.0% | +5.7% |
| Median | -0.1% | -0.6% | +1.4% | +3.8% | +2.7% | -0.2% | +1.2% | +1.3% | -1.0% | +0.4% | +2.2% | -0.8% |
| Last 5Y Avg | -2.7% | -2.1% | +3.5% | -1.7% | +0.3% | -4.9% | +3.3% | -3.1% | -5.2% | -3.7% | +6.6% | -0.5% |
| Std Dev (σ) | 9.8% | 6.7% | 13.1% | 13.9% | 13.9% | 10.1% | 13.9% | 7.6% | 10.4% | 16.9% | 11.4% | 18.4% |
| Consistency (μ/σ) | 0.03 | -0.34 | 0.21 | 0.48 | -0.07 | 0.12 | -0.01 | 0.03 | -0.06 | 0.25 | 0.17 | 0.31 |
| Win Rate (%) | 50% | 36% | 64% | 79% | 57% | 50% | 56% | 59% | 46% | 50% | 68% | 43% |
| Winning / Losing Months | ▲14▼14 | ▲10▼18 | ▲18▼10 | ▲22▼6 | ▲16▼12 | ▲14▼14 | ▲15▼12 | ▲16▼11 | ▲13▼15 | ▲14▼14 | ▲19▼9 | ▲12▼16 |
| Longest Win / Loss Streak | ▲5▼3 | ▲3▼9 | ▲8▼4 | ▲11▼2 | ▲7▼5 | ▲3▼3 | ▲4▼3 | ▲3▼2 | ▲3▼4 | ▲4▼3 | ▲4▼2 | ▲5▼7 |
| Best | +17.6%in January 2006 | +7.0%in February 2014 | +41.9%in March 2003 | +65.3%in April 2001 | +30.6%in May 2003 | +39.4%in June 2000 | +27.5%in July 2003 | +13.9%in August 2005 | +23.7%in September 1999 | +61.1%in October 2002 | +26.1%in November 2023 | +74.8%in December 1998 |
| Worst | -31.9%in January 2002 | -21.4%in February 1999 | -41.0%in March 2001 | -11.4%in April 2024 | -38.3%in May 2002 | -16.3%in June 2026 | -41.4%in July 2002 | -28.1%in August 1999 | -22.5%in September 2008 | -26.9%in October 2008 | -33.5%in November 2008 | -13.2%in December 2024 |
-41.4%+74.8%
2026
Jan-2.3%
Feb+3.2%
Mar-8.1%
Apr+9.2%
May+3.1%
Jun-16.3%
Jul+4.4%
Aug—
Sep—
Oct—
Nov—
Dec—
2025
Jan-1.6%
Feb+5.4%
Mar+12.6%
Apr+1.5%
May-5.1%
Jun+3.5%
Jul+2.3%
Aug-5.7%
Sep-1.6%
Oct-6.5%
Nov+1.2%
Dec-1.5%
2024
Jan-6.0%
Feb+1.6%
Mar-2.3%
Apr-11.4%
May+9.3%
Jun-3.2%
Jul+12.7%
Aug+1.8%
Sep+7.3%
Oct-9.4%
Nov-1.2%
Dec-13.2%
2023
Jan+9.2%
Feb-11.7%
Mar+3.6%
Apr-8.0%
May-8.0%
Jun+2.0%
Jul-5.0%
Aug-7.2%
Sep-6.9%
Oct+1.0%
Nov+26.1%
Dec-0.5%
2022
Jan-12.6%
Feb-8.7%
Mar+11.8%
Apr+0.3%
May+2.4%
Jun-10.4%
Jul+7.3%
Aug-5.4%
Sep-14.6%
Oct-7.8%
Nov+6.1%
Dec-3.0%
2021
Jan+0.0%
Feb-2.2%
Mar+11.5%
Apr+9.8%
May+0.2%
Jun+3.6%
Jul-1.0%
Aug+0.8%
Sep-10.3%
Oct+4.0%
Nov+0.7%
Dec+15.8%
2020
Jan+5.4%
Feb-4.4%
Mar+1.6%
Apr+10.4%
May+8.0%
Jun-2.1%
Jul-0.4%
Aug-2.1%
Sep+2.8%
Oct-6.2%
Nov+7.3%
Dec-4.2%
2019
Jan+7.8%
Feb+1.4%
Mar+8.8%
Apr-1.7%
May+3.4%
Jun+1.1%
Jul+2.2%
Aug+8.9%
Sep-3.5%
Oct-0.2%
Nov-3.7%
Dec+7.3%
2018
Jan+1.6%
Feb-2.4%
Mar+0.5%
Apr-8.0%
May+3.3%
Jun+4.6%
Jul+2.8%
Aug+2.9%
Sep-1.4%
Oct-2.3%
Nov+5.7%
Dec-4.5%
2017
Jan+1.2%
Feb+6.5%
Mar+2.1%
Apr+0.2%
May+7.4%
Jun-0.5%
Jul+0.4%
Aug+7.8%
Sep-7.0%
Oct+7.1%
Nov+5.5%
Dec-0.8%
2016
Jan-0.3%
Feb+0.3%
Mar+1.1%
Apr+0.4%
May+4.5%
Jun+12.8%
Jul-4.3%
Aug-2.3%
Sep+0.4%
Oct-3.4%
Nov-8.3%
Dec+5.1%
2015
Jan+9.9%
Feb-0.2%
Mar-3.4%
Apr+1.2%
May-2.4%
Jun-0.5%
Jul+2.0%
Aug+1.8%
Sep-4.4%
Oct+8.3%
Nov+0.5%
Dec+1.7%
2014
Jan-3.4%
Feb+7.0%
Mar-2.3%
Apr-1.4%
May+5.5%
Jun-2.7%
Jul-0.1%
Aug+7.2%
Sep+1.7%
Oct-3.0%
Nov+6.4%
Dec-4.2%
2013
Jan-2.3%
Feb-1.0%
Mar-0.2%
Apr+10.6%
May-7.5%
Jun+1.6%
Jul-3.0%
Aug-1.2%
Sep+5.2%
Oct+4.1%
Nov-2.4%
Dec-1.1%
2012
Jan+8.2%
Feb+6.9%
Mar+3.0%
Apr+6.1%
May-3.5%
Jun+7.4%
Jul+5.5%
Aug+2.5%
Sep+1.0%
Oct+4.1%
Nov+1.1%
Dec+6.9%
2011
Jan-3.8%
Feb-0.0%
Mar+0.9%
Apr+0.7%
May-3.4%
Jun-1.5%
Jul+6.4%
Aug+0.1%
Sep-6.3%
Oct+1.7%
Nov+2.3%
Dec+5.9%
2010
Jan-5.4%
Feb+2.3%
Mar+1.1%
Apr-1.0%
May-2.1%
Jun+0.6%
Jul+6.0%
Aug+4.1%
Sep+7.4%
Oct-2.3%
Nov-3.7%
Dec+5.5%
2009
Jan+11.0%
Feb-10.2%
Mar+16.4%
Apr+20.1%
May-1.1%
Jun-1.0%
Jul+19.6%
Aug-6.6%
Sep+16.8%
Oct-3.6%
Nov+21.4%
Dec+6.4%
2008
Jan-13.2%
Feb-0.1%
Mar-4.4%
Apr+12.7%
May+9.4%
Jun-8.9%
Jul-1.4%
Aug-2.1%
Sep-22.5%
Oct-26.9%
Nov-33.5%
Dec+24.9%
2007
Jan+8.9%
Feb-7.0%
Mar-1.8%
Apr+6.9%
May+7.2%
Jun-1.5%
Jul-0.0%
Aug+1.4%
Sep+10.5%
Oct+1.1%
Nov+2.1%
Dec-0.8%
2006
Jan+17.6%
Feb-0.9%
Mar-9.6%
Apr+18.8%
May-5.6%
Jun+8.7%
Jul+2.0%
Aug-2.5%
Sep+2.6%
Oct-4.5%
Nov+2.4%
Dec-6.2%
2005
Jan-1.4%
Feb-0.4%
Mar-1.7%
Apr+0.4%
May+10.3%
Jun+14.2%
Jul+7.1%
Aug+13.9%
Sep-0.5%
Oct-0.5%
Nov+11.7%
Dec-1.8%
2004
Jan+12.5%
Feb-2.8%
Mar+4.8%
Apr+10.5%
May+5.6%
Jun+0.1%
Jul-4.3%
Aug+1.3%
Sep+4.1%
Oct+2.9%
Nov+10.3%
Dec-1.5%
2003
Jan+5.3%
Feb-2.1%
Mar+41.9%
Apr+16.0%
May+30.6%
Jun-6.8%
Jul+27.5%
Aug+8.5%
Sep-12.5%
Oct+34.7%
Nov-2.0%
Dec-11.2%
2002
Jan-31.9%
Feb-14.6%
Mar+6.4%
Apr+10.5%
May-38.3%
Jun-12.9%
Jul-41.4%
Aug0.0%
Sep-5.8%
Oct+61.1%
Nov+13.3%
Dec-5.0%
2001
Jan+3.2%
Feb-10.1%
Mar-41.0%
Apr+65.3%
May-32.2%
Jun-1.2%
Jul-40.6%
Aug+4.6%
Sep-11.7%
Oct+30.0%
Nov-6.9%
Dec-2.0%
2000
Jan-1.5%
Feb+1.9%
Mar+17.5%
Apr+1.3%
May-31.8%
Jun+39.4%
Jul-6.8%
Aug+2.0%
Sep-10.5%
Oct-2.4%
Nov-21.5%
Dec+13.7%
1999
Jan-7.9%
Feb-21.4%
Mar+5.8%
Apr+6.3%
May+5.2%
Jun+3.4%
Jul+1.2%
Aug-28.1%
Sep+23.7%
Oct+2.8%
Nov+9.4%
Dec+52.6%
1998
Jan—
Feb—
Mar—
Apr—
May—
Jun—
Jul—
Aug—
Sep+18.5%
Oct+33.7%
Nov+4.4%
Dec+74.8%
Avg
Jan+0.3%
Feb-2.3%
Mar+2.7%
Apr+6.7%
May-0.9%
Jun+1.2%
Jul-0.1%
Aug+0.2%
Sep-0.6%
Oct+4.2%
Nov+2.0%
Dec+5.7%
Median
Jan-0.1%
Feb-0.6%
Mar+1.4%
Apr+3.8%
May+2.7%
Jun-0.2%
Jul+1.2%
Aug+1.3%
Sep-1.0%
Oct+0.4%
Nov+2.2%
Dec-0.8%
Last 5Y Avg
Jan-2.7%
Feb-2.1%
Mar+3.5%
Apr-1.7%
May+0.3%
Jun-4.9%
Jul+3.3%
Aug-3.1%
Sep-5.2%
Oct-3.7%
Nov+6.6%
Dec-0.5%
Std Dev (σ)
Jan9.8%
Feb6.7%
Mar13.1%
Apr13.9%
May13.9%
Jun10.1%
Jul13.9%
Aug7.6%
Sep10.4%
Oct16.9%
Nov11.4%
Dec18.4%
Consistency (μ/σ)
Jan0.03
Feb-0.34
Mar0.21
Apr0.48
May-0.07
Jun0.12
Jul-0.01
Aug0.03
Sep-0.06
Oct0.25
Nov0.17
Dec0.31
Win Rate (%)
Jan50%
Feb36%
Mar64%
Apr79%
May57%
Jun50%
Jul56%
Aug59%
Sep46%
Oct50%
Nov68%
Dec43%
Winning / Losing Months
Jan▲14▼14
Feb▲10▼18
Mar▲18▼10
Apr▲22▼6
May▲16▼12
Jun▲14▼14
Jul▲15▼12
Aug▲16▼11
Sep▲13▼15
Oct▲14▼14
Nov▲19▼9
Dec▲12▼16
Longest Win / Loss Streak
Jan▲5▼3
Feb▲3▼9
Mar▲8▼4
Apr▲11▼2
May▲7▼5
Jun▲3▼3
Jul▲4▼3
Aug▲3▼2
Sep▲3▼4
Oct▲4▼3
Nov▲4▼2
Dec▲5▼7
Best
Jan+17.6%2006
Feb+7.0%2014
Mar+41.9%2003
Apr+65.3%2001
May+30.6%2003
Jun+39.4%2000
Jul+27.5%2003
Aug+13.9%2005
Sep+23.7%1999
Oct+61.1%2002
Nov+26.1%2023
Dec+74.8%1998
Worst
Jan-31.9%2002
Feb-21.4%1999
Mar-41.0%2001
Apr-11.4%2024
May-38.3%2002
Jun-16.3%2026
Jul-41.4%2002
Aug-28.1%1999
Sep-22.5%2008
Oct-26.9%2008
Nov-33.5%2008
Dec-13.2%2024
-41.4%+74.8%
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