American Tower AMT
NYSE AMT
$172.63 -2.80 (-1.60%)
As of: Sep 10, 2026 · 1:41 PM EDT

American Tower (AMT) EBITDA Margin (2009 - 2026)

American Tower's (AMT) quarterly EBITDA Margin came in at 46.15% in Q2 2026, up 56.0% year-over-year from 29.59% in Q2 2025, and up 1.96% quarter-over-quarter from 45.27% in Q1 2026.

Analysis

American Tower (AMT) EBITDA Margin (2009 - 2026) Analysis & Trends

American Tower has disclosed EBITDA Margin across 18 years of filings, most recently posting 46.15% for Q2 2026.

  • In Q2 2026, EBITDA Margin rose 56.0% year-over-year to 46.15%; the TTM figure through Jun 2026 stood at 44.8% (down 73.0% YoY), while the FY2025 annual figure was 55.86%, up 40.0% from the prior year.
  • EBITDA Margin came in at 46.15% for Q2 2026 at American Tower, up from 45.27% in the prior quarter.
  • In the past five years, EBITDA Margin ranged from a high of 48.93% in Q1 2025 to a low of 24.44% in Q3 2022.
  • Average EBITDA Margin over 5 years is 38.5%, with a median of 42.4% recorded in 2024.
  • Year-over-year, EBITDA Margin plunged 1114 bps in 2022 and soared 1745 bps in 2024.
  • Over 5 years, EBITDA Margin stood at 35.28% in 2022, then declined by 29 bps to 24.95% in 2023, then soared by 70 bps to 42.4% in 2024, then gained by 0 bps to 42.4% in 2025, then climbed by 9 bps to 46.15% in 2026.
  • Per Business Quant data, the three most recent EBITDA Margin figures were 46.15% in Q2 2026, 45.27% in Q1 2026, and 42.4% in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 American Tower 80.44 Bn 78.68 Bn 2.72 Bn 46.15%
2 Crown Castle 31.97 Bn 30.93 Bn 989.00 Mn 46.63%
3 Sba Communications 19.15 Bn 19.15 Bn 539.27 Mn 54.02%
4 Array Digital Infrastructure 3.29 Bn 2.88 Bn 30.57 Mn 738.42%
5 IHS Holding 2.83 Bn 1.76 Bn 207.10 Mn 19.32%
Historic Data

Historic Data

Download Data
DateValue
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%