American Tower (AMT) Goodwill & Intangibles (2009 - 2026)
American Tower (AMT) recorded Goodwill & Intangibles of $26.16 billion in Q2 2026, down 3.8% from $27.21 billion a year earlier and down 1.0% from the prior quarter.
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Analysis
American Tower (AMT) Goodwill & Intangibles (2009 - 2026) Analysis & Trends
At the end of FY2025, American Tower reported Goodwill & Intangibles of $26.79 billion, up 2.1% from FY2024.
- Annual Goodwill & Intangibles has a five-year compound annual growth rate of 4.9% (FY2020 to FY2025).
- Across earlier years, Goodwill & Intangibles came in at $26.24 billion in FY2024 (-6.3%), $28.02 billion in FY2023 (-6.8%), $30.06 billion in FY2022 (-11.8%) and $34.08 billion in FY2021 (+61.3%).
- The Q2 2026 figure is the lowest quarterly Goodwill & Intangibles since Q1 2021.
- On a year-over-year basis, Goodwill & Intangibles rose in 1 of the last eight quarters, with an average decline of 3.4%.
- Peak year-over-year performance for Goodwill & Intangibles in the last five years was growth of 68.4% in Q3 2021, against a decline of 11.8% in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $26.42 billion (Q1 2026), $26.79 billion (Q4 2025) and $27 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | American Tower | 75.57 Bn | 75.31 Bn | 2.72 Bn |
| 2 | Digital Realty Trust | 66.06 Bn | 56.59 Bn | - |
| 3 | Crown Castle | 28.31 Bn | 27.05 Bn | 989.00 Mn |
| 4 | Sba Communications | 16.81 Bn | 16.90 Bn | 539.27 Mn |
| 5 | Lamar Advertising | 12.56 Bn | 12.38 Bn | 422.53 Mn |
| 6 | OUTFRONT Media | 5.05 Bn | 4.82 Bn | 276.40 Mn |
| 7 | Array Digital Infrastructure | 2.97 Bn | 1.87 Bn | 30.57 Mn |
| 8 | IHS Holding | 2.79 Bn | -67.81 Mn | 207.10 Mn |
| 9 | Fermi | 2.57 Bn | 1.71 Bn | - |
| 10 | Clear Channel Outdoor Holdings | 1.22 Bn | 503.54 Mn | 241.86 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.16 Bn |
| Mar 31, 2026 | 26.42 Bn |
| Dec 31, 2025 | 26.79 Bn |
| Sep 30, 2025 | 27.00 Bn |
| Jun 30, 2025 | 27.21 Bn |
| Mar 31, 2025 | 26.56 Bn |
| Dec 31, 2024 | 26.24 Bn |
| Sep 30, 2024 | 27.24 Bn |
| Jun 30, 2024 | 28.24 Bn |
| Mar 31, 2024 | 28.68 Bn |
| Dec 31, 2023 | 28.02 Bn |
| Sep 30, 2023 | 29.22 Bn |
| Jun 30, 2023 | 30.34 Bn |
| Mar 31, 2023 | 30.63 Bn |
| Dec 31, 2022 | 30.06 Bn |
| Sep 30, 2022 | 31.01 Bn |
| Jun 30, 2022 | 32.20 Bn |
| Mar 31, 2022 | 33.53 Bn |
| Dec 31, 2021 | 34.08 Bn |
| Sep 30, 2021 | 29.25 Bn |
API Access
American Tower Goodwill & Intangibles API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=goodwill-and-intangibles&ticker=AMT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill-and-intangibles", "ticker": "AMT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=goodwill-and-intangibles&ticker=AMT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();