American Tower Corp /Ma/ (AMT) Net Margin (2009 - 2026)
American Tower's Net Margin came in at 31.56% for Q2 2026, up 17.59 percentage points from 13.96% a year earlier and up 0.16 percentage points from the prior quarter.
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Analysis
American Tower Corp /Ma/ (AMT) Net Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, American Tower reported Net Margin of 31.08%, up 18.48 percentage points year-over-year; for FY2025, it came in at 23.76%, up 1.50 percentage points from FY2024.
- Net Margin carries a five-year change of +2.74 percentage points (FY2020 to FY2025).
- Going back by year, Net Margin was 22.27% in FY2024 (+7.45 pp), 14.81% in FY2023 (-3.49 pp), 18.31% in FY2022 (-9.13 pp) and 27.44% in FY2021 (+6.42 pp).
- The Q2 2026 figure represents the highest quarterly Net Margin since Q4 2024.
- Year-over-year, Net Margin increased in four of the last eight quarters, with an average year-over-year change of +3.21 percentage points.
- The fastest year-over-year change in Net Margin over five years came in Q3 2025 (a gain of 62.81 percentage points), and the weakest in Q4 2022 (a drop of 59.76 percentage points).
- Business Quant data shows AMT's Net Margin at 31.40% (Q1 2026), 29.98% (Q4 2025) and 31.40% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 31.56% |
| Mar 31, 2026 | 31.40% |
| Dec 31, 2025 | 29.98% |
| Sep 30, 2025 | 31.40% |
| Jun 30, 2025 | 13.96% |
| Mar 31, 2025 | 19.07% |
| Dec 31, 2024 | 48.27% |
| Sep 30, 2024 | -31.41% |
| Jun 30, 2024 | 35.38% |
| Mar 31, 2024 | 36.51% |
| Dec 31, 2023 | 3.46% |
| Sep 30, 2023 | 23.28% |
| Jun 30, 2023 | 18.92% |
| Mar 31, 2023 | 13.32% |
| Dec 31, 2022 | -41.71% |
| Sep 30, 2022 | 31.43% |
| Jun 30, 2022 | 33.59% |
| Mar 31, 2022 | 26.75% |
| Dec 31, 2021 | 18.04% |
| Sep 30, 2021 | 29.46% |
API Access
American Tower Corp /Ma/ Net Margin 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=net-margin&ticker=AMT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=AMT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();