American Tower (AMT) Asset Utilization Ratio (2009 - 2026)
American Tower's Asset Utilization Ratio came in at 0.17 for Q2 2026, up 6.0% from 0.16 a year earlier and up 1.0% from the prior quarter.
Analysis
American Tower (AMT) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
Going back to Q3 2009, American Tower's Asset Utilization Ratio data covers 65 quarters.
- Asset Utilization Ratio has increased in each of the last three years.
- Going back by year, Asset Utilization Ratio was 0.16 in FY2024 (+6.0%), 0.15 in FY2023 (+6.8%), 0.14 in FY2022 (-11.9%) and 0.16 in FY2021 (-10.6%).
- The Q2 2026 figure represents the highest quarterly Asset Utilization Ratio since Q1 2021.
- Year-over-year, Asset Utilization Ratio has increased for 11 consecutive quarters, with growth averaging 6.8% over the last eight quarters.
- The fastest year-over-year change in Asset Utilization Ratio over five years came in Q3 2024 (growth of 12.4%), and the weakest in Q4 2021 (a decline of 20.9%).
- Business Quant data shows AMT's Asset Utilization Ratio at 0.17 (Q1 2026), 0.17 (Q4 2025) and 0.16 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | American Tower | 76.26 Bn | 75.99 Bn | 2.72 Bn | 0.17 |
| 2 | Digital Realty Trust | 64.98 Bn | 55.50 Bn | - | 0.13 |
| 3 | Crown Castle | 28.39 Bn | 27.14 Bn | 989.00 Mn | 0.16 |
| 4 | Sba Communications | 16.99 Bn | 17.07 Bn | 539.27 Mn | 0.24 |
| 5 | Lamar Advertising | 12.56 Bn | 12.38 Bn | 422.53 Mn | 0.33 |
| 6 | OUTFRONT Media | 4.89 Bn | 4.65 Bn | 276.40 Mn | 0.37 |
| 7 | Array Digital Infrastructure | 2.92 Bn | 1.81 Bn | 30.57 Mn | 0.06 |
| 8 | IHS Holding | 2.80 Bn | -57.74 Mn | 207.10 Mn | 0.38 |
| 9 | Fermi | 2.69 Bn | 1.82 Bn | - | - |
| 10 | Clear Channel Outdoor Holdings | 1.20 Bn | 488.27 Mn | 241.86 Mn | 0.45 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.17 |
| Mar 31, 2026 | 0.17 |
| Dec 31, 2025 | 0.17 |
| Sep 30, 2025 | 0.16 |
| Jun 30, 2025 | 0.16 |
| Mar 31, 2025 | 0.17 |
| Dec 31, 2024 | 0.16 |
| Sep 30, 2024 | 0.16 |
| Jun 30, 2024 | 0.15 |
| Mar 31, 2024 | 0.15 |
| Dec 31, 2023 | 0.15 |
| Sep 30, 2023 | 0.14 |
| Jun 30, 2023 | 0.14 |
| Mar 31, 2023 | 0.14 |
| Dec 31, 2022 | 0.14 |
| Sep 30, 2022 | 0.16 |
| Jun 30, 2022 | 0.15 |
| Mar 31, 2022 | 0.14 |
| Dec 31, 2021 | 0.14 |
| Sep 30, 2021 | 0.15 |
API Access
American Tower Asset Utilization Ratio 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=asset-utilization-ratio&ticker=AMT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "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=asset-utilization-ratio&ticker=AMT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();