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

American Tower's (AMT) quarterly EBT Margin came in at 37.19% in Q1 2026, up 1310.0% year-on-year from 2.64% in Q1 2025, and up 5.51% quarter-over-quarter from 35.25% in Q4 2025.

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

American Tower has disclosed EBT Margin across 18 years of filings, most recently posting 37.19% for Q1 2026.

  • EBT Margin for Q1 2026 came in at 37.19%, up 1310.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 31.84% (down 79.0% YoY), and the FY2025 annual result was 28.6%, down 719.0% from the prior year.
  • EBT Margin came in at 37.19% for Q1 2026 at American Tower, up from 35.25% 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.
  • The 5-year median for EBT Margin is 32.03% (2022), against an average of 25.08%.
  • Across the five-year window, EBT Margin plunged 4561 bps in 2022 and surged 5405 bps in 2024, its largest moves.
  • American Tower's 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 tumbled by 31 bps to 35.25% in 2025, then gained by 6 bps to 37.19% in 2026.
  • The last three EBT Margin figures came in at 37.19% (Q1 2026), 35.25% (Q4 2025), and 34.96% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Equinix 104.53 Bn 101.50 Bn 2.20 Bn 19.27%
2 American Tower 86.20 Bn 92.70 Bn 2.70 Bn 37.19%
3 Digital Realty Trust 63.76 Bn 62.92 Bn - 9.26%
4 Crown Castle 38.57 Bn 38.52 Bn 984.00 Mn 22.28%
5 Iron Mountain 37.41 Bn 37.43 Bn 1.05 Bn 9.10%
6 Sba Communications 20.70 Bn 20.79 Bn 532.10 Mn 33.55%
7 Weyerhaeuser 17.74 Bn 17.44 Bn 318.00 Mn 9.90%
8 Lamar Advertising 15.68 Bn 15.63 Bn 403.56 Mn 26.27%
9 Gaming & Leisure Properties 13.22 Bn 13.62 Bn - 57.14%
10 OUTFRONT Media 5.51 Bn 5.47 Bn 202.10 Mn 4.63%

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 35.70%