American Tower (AMT) Acquisitions (2009 - 2026)
American Tower's Acquisitions came in at $129.9 million for Q3 2026, up 47.8% from $87.9 million a year earlier and up 13.9% from the prior quarter.
American Tower (AMT) Acquisitions (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, American Tower reported Acquisitions of $297.1 million, down 30.6% year-over-year; for FY2025, it was $454.2 million, up 269.3% from FY2024.
- Acquisitions carries a five-year compound annual growth rate of -34.6% (FY2020 to FY2025).
- Going back by year, Acquisitions was $123 million in FY2024 (-26.8%), $168 million in FY2023 (-69.4%), $549 million in FY2022 (-97.2%) and $19.3 billion in FY2021 (+408.1%).
- The Q3 2026 figure represents the highest quarterly Acquisitions since Q2 2025.
- Year-over-year, Acquisitions increased in four of the last seven quarters, with growth averaging 67.1%.
- The fastest year-over-year change in Acquisitions over five years came in Q4 2025 (growth of 319.8%), and the weakest in Q2 2022 (a decline of 99.0%).
- Business Quant data shows AMT's Acquisitions at $114 million (Q2 2026), $19.2 million (Q1 2026) and $34 million (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Acquisitions (Qtr) |
|---|---|---|---|---|---|
| 1 | American Tower | 86.72 Bn | 80.00 Bn | 2.75 Bn | 129.90 Mn |
| 2 | Digital Realty Trust | 67.98 Bn | 59.43 Bn | - | - |
| 3 | Crown Castle | 37.11 Bn | 35.78 Bn | 982.00 Mn | - |
| 4 | Sba Communications | 19.86 Bn | 18.40 Bn | 542.40 Mn | 32.39 Mn |
| 5 | Lamar Advertising | 16.11 Bn | 15.92 Bn | 422.53 Mn | 43.35 Mn |
| 6 | OUTFRONT Media | 5.53 Bn | 5.27 Bn | 276.40 Mn | 11.10 Mn |
| 7 | IHS Holding | 2.84 Bn | -723.51 Mn | 207.10 Mn | - |
| 8 | Array Digital Infrastructure | 2.59 Bn | 1.48 Bn | 30.57 Mn | - |
| 9 | Clear Channel Outdoor Holdings | 1.23 Bn | 518.82 Mn | 241.86 Mn | - |
| 10 | Fermi | 1.03 Bn | 171.55 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 129.90 Mn |
| Jun 30, 2026 | 114.00 Mn |
| Mar 31, 2026 | 19.20 Mn |
| Dec 31, 2025 | 34.00 Mn |
| Sep 30, 2025 | 87.90 Mn |
| Jun 30, 2025 | 184.70 Mn |
| Mar 31, 2025 | 147.60 Mn |
| Dec 31, 2024 | 8.10 Mn |
| Sep 30, 2024 | 59.90 Mn |
| Jun 30, 2024 | 10.30 Mn |
| Mar 31, 2024 | 44.70 Mn |
| Dec 31, 2023 | 16.10 Mn |
| Sep 30, 2023 | 60.70 Mn |
| Jun 30, 2023 | 30.30 Mn |
| Mar 31, 2023 | 60.90 Mn |
| Dec 31, 2022 | 189.90 Mn |
| Sep 30, 2022 | 140.80 Mn |
| Jun 30, 2022 | 89.70 Mn |
| Mar 31, 2022 | 128.60 Mn |
| Dec 31, 2021 | 9.71 Bn |
American Tower Acquisitions API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=acquisitions&ticker=AMT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "acquisitions", "ticker": "AMT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=acquisitions&ticker=AMT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();