American Tower (AMT) Intangibles (2009 - 2026)
American Tower (AMT) posted Intangibles of $13.98 billion for Q2 2026, down 6.6% from $14.96 billion a year earlier and down 1.7% from the prior quarter.
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Analysis
American Tower (AMT) Intangibles (2009 - 2026) Analysis & Trends
At the end of FY2025, American Tower's Intangibles came in at $14.53 billion, up 0.4% from FY2024.
- Annual Intangibles shows a five-year compound annual growth rate of 1.0% (FY2020 to FY2025).
- In prior years, American Tower's Intangibles was $14.47 billion in FY2024 (-9.2%), $15.93 billion in FY2023 (-11.4%), $17.98 billion in FY2022 (-13.2%) and $20.73 billion in FY2021 (+49.8%).
- The Q2 2026 figure stands as the lowest quarterly Intangibles since Q1 2021.
- On a year-over-year basis, Intangibles increased in 1 of the last eight quarters, with an average decline of 5.5%.
- The strongest year-over-year quarter for Intangibles in the past five years was Q3 2021, with growth of 63.0%; the weakest was Q4 2022, with a decline of 13.2%.
- According to Business Quant data, Intangibles for the three prior quarters was $14.23 billion (Q1 2026), $14.53 billion (Q4 2025) and $14.74 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | American Tower | 76.26 Bn | 75.99 Bn | 2.72 Bn | 13.98 Bn |
| 2 | Digital Realty Trust | 64.98 Bn | 55.50 Bn | - | 2.33 Bn |
| 3 | Crown Castle | 28.39 Bn | 27.14 Bn | 989.00 Mn | 27.00 Mn |
| 4 | Sba Communications | 16.99 Bn | 17.07 Bn | 539.27 Mn | 2.87 Bn |
| 5 | Lamar Advertising | 12.56 Bn | 12.38 Bn | 422.53 Mn | 1.12 Bn |
| 6 | OUTFRONT Media | 4.89 Bn | 4.65 Bn | 276.40 Mn | 598.50 Mn |
| 7 | Array Digital Infrastructure | 2.92 Bn | 1.81 Bn | 30.57 Mn | 1.59 Bn |
| 8 | IHS Holding | 2.80 Bn | -57.74 Mn | 207.10 Mn | 284.30 Mn |
| 9 | Fermi | 2.69 Bn | 1.82 Bn | - | - |
| 10 | Clear Channel Outdoor Holdings | 1.20 Bn | 488.27 Mn | 241.86 Mn | 715.74 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.98 Bn |
| Mar 31, 2026 | 14.23 Bn |
| Dec 31, 2025 | 14.53 Bn |
| Sep 30, 2025 | 14.74 Bn |
| Jun 30, 2025 | 14.96 Bn |
| Mar 31, 2025 | 14.64 Bn |
| Dec 31, 2024 | 14.47 Bn |
| Sep 30, 2024 | 15.20 Bn |
| Jun 30, 2024 | 15.76 Bn |
| Mar 31, 2024 | 16.12 Bn |
| Dec 31, 2023 | 15.93 Bn |
| Sep 30, 2023 | 16.66 Bn |
| Jun 30, 2023 | 17.29 Bn |
| Mar 31, 2023 | 17.64 Bn |
| Dec 31, 2022 | 17.98 Bn |
| Sep 30, 2022 | 18.32 Bn |
| Jun 30, 2022 | 19.23 Bn |
| Mar 31, 2022 | 20.22 Bn |
| Dec 31, 2021 | 20.73 Bn |
| Sep 30, 2021 | 18.77 Bn |
API Access
American Tower 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=intangibles&ticker=AMT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "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=intangibles&ticker=AMT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();