American Tower (AMT) EBITDA Margin (2009 - 2026)
American Tower (AMT) posted EBITDA Margin of 46.15% for Q2 2026, up 1.96% sequentially from 45.27% in Q1 2026, and up 56.0% YoY from 29.59% in Q2 2025.
American Tower (AMT) EBITDA Margin (2009 - 2026) Analysis & Trends
American Tower has reported EBITDA Margin for 18 years, with the latest figure at 46.15% in Q2 2026.
- Quarterly EBITDA Margin rose 56.0% year-over-year to 46.15% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 44.8% (down 73.0% YoY) and the FY2025 annual result came in at 45.52%, up 93.0% from the prior year.
- EBITDA Margin grew to 46.15% in Q2 2026 per AMT's latest filing, from 45.27% in the prior quarter.
- Over five years, EBITDA Margin peaked at 48.93% in Q1 2025 and troughed at 24.44% in Q3 2022.
- A 5-year average of 38.5% and a median of 42.4% in 2024 frame the typical range for EBITDA Margin.
- The sharpest annual moves came in 2022 and 2024: EBITDA Margin sank 1114 bps in 2022, then jumped 1745 bps in 2024.
- Over 5 years, EBITDA Margin stood at 35.28% in 2022, then retreated by 29 bps to 24.95% in 2023, then surged by 70 bps to 42.4% in 2024, then climbed by 0 bps to 42.4% in 2025, then increased by 9 bps to 46.15% in 2026.
- According to Business Quant data, EBITDA Margin over the past three periods registered 46.15%, 45.27%, and 42.4% for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 106.74 Bn | 104.52 Bn | 1.40 Bn | 25.33% |
| 2 | American Tower | 82.05 Bn | 80.29 Bn | 2.72 Bn | 46.15% |
| 3 | Digital Realty Trust | 68.79 Bn | 66.93 Bn | - | 24.28% |
| 4 | Iron Mountain | 36.65 Bn | 36.44 Bn | 1.07 Bn | 28.41% |
| 5 | Crown Castle | 32.67 Bn | 31.63 Bn | 989.00 Mn | 46.63% |
| 6 | Sba Communications | 19.18 Bn | 19.18 Bn | 539.27 Mn | 54.02% |
| 7 | Weyerhaeuser | 17.80 Bn | 17.27 Bn | 311.00 Mn | 11.94% |
| 8 | Lamar Advertising | 15.33 Bn | 15.26 Bn | 422.53 Mn | 33.72% |
| 9 | Gaming & Leisure Properties | 12.49 Bn | 12.49 Bn | - | 92.67% |
| 10 | Rayonier | 6.43 Bn | 6.01 Bn | 75.67 Mn | 8.73% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 46.15% |
| Mar 31, 2026 | 45.27% |
| Dec 31, 2025 | 42.40% |
| Sep 30, 2025 | 45.39% |
| Jun 30, 2025 | 45.59% |
| Mar 31, 2025 | 48.93% |
| Dec 31, 2024 | 42.40% |
| Sep 30, 2024 | 45.17% |
| Jun 30, 2024 | 45.44% |
| Mar 31, 2024 | 45.41% |
| Dec 31, 2023 | 24.95% |
| Sep 30, 2023 | 36.21% |
| Jun 30, 2023 | 33.91% |
| Mar 31, 2023 | 29.64% |
| Dec 31, 2022 | 35.28% |
| Sep 30, 2022 | 24.44% |
| Jun 30, 2022 | 29.25% |
| Mar 31, 2022 | 27.26% |
| Dec 31, 2021 | 25.63% |
| Sep 30, 2021 | 33.72% |