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| Date | Value |
|---|---|
| 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% |