American Tower (AMT) EBT Margin (2009 - 2026)
American Tower's (AMT) quarterly EBT Margin came in at 36.71% in Q2 2026, up 1723.0% year-over-year from 2.01% in Q2 2025, and down 1.28% quarter-over-quarter from 37.19% in Q1 2026.
Analysis
American Tower (AMT) EBT Margin (2009 - 2026) Analysis & Trends
American Tower has disclosed EBT Margin across 18 years of filings, most recently posting 36.71% for Q2 2026.
- In Q2 2026, EBT Margin rose 1723.0% year-over-year to 36.71%; the TTM figure through Jun 2026 stood at 36.03% (up 693.0% YoY), while the FY2025 annual figure was 28.6%, down 719.0% from the prior year.
- EBT Margin came in at 36.71% for Q2 2026 at American Tower, down from 37.19% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 51.25% in Q4 2024 to a low of 23.99% in Q4 2022.
- Average EBT Margin over 5 years is 25.72%, with a median of 32.37% recorded in 2023.
- Year-over-year, EBT Margin tumbled 4561 bps in 2022 and soared 5405 bps in 2024.
- Over 5 years, EBT Margin stood at 23.99% in 2022, then soared by 88 bps to 2.8% in 2023, then surged by 1930 bps to 51.25% in 2024, then sank by 31 bps to 35.25% in 2025, then increased by 4 bps to 36.71% in 2026.
- Per Business Quant data, the three most recent EBT Margin figures were 36.71% in Q2 2026, 37.19% in Q1 2026, and 35.25% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | American Tower | 80.45 Bn | 78.68 Bn | 2.72 Bn | 36.71% |
| 2 | Crown Castle | 31.96 Bn | 30.91 Bn | 989.00 Mn | 30.06% |
| 3 | Sba Communications | 19.16 Bn | 19.16 Bn | 539.27 Mn | 32.50% |
| 4 | Array Digital Infrastructure | 3.28 Bn | 2.87 Bn | 30.57 Mn | 838.39% |
| 5 | IHS Holding | 2.83 Bn | 1.76 Bn | 207.10 Mn | 6.02% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 36.71% |
| Mar 31, 2026 | 37.19% |
| Dec 31, 2025 | 35.25% |
| Sep 30, 2025 | 34.96% |
| Jun 30, 2025 | 19.48% |
| Mar 31, 2025 | 24.09% |
| Dec 31, 2024 | 51.25% |
| Sep 30, 2024 | 21.83% |
| Jun 30, 2024 | 33.30% |
| Mar 31, 2024 | 36.67% |
| Dec 31, 2023 | -2.80% |
| Sep 30, 2023 | 32.70% |
| Jun 30, 2023 | 18.88% |
| Mar 31, 2023 | 14.62% |
| Dec 31, 2022 | -23.99% |
| Sep 30, 2022 | 32.03% |
| Jun 30, 2022 | 33.59% |
| Mar 31, 2022 | 27.26% |
| Dec 31, 2021 | 21.61% |
| Sep 30, 2021 | 31.68% |