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

American Tower has disclosed Net Margin across 18 years of filings, most recently posting 31.56% for Q2 2026.

• In Q2 2026, Net Margin rose 1759.0% year-over-year to 31.56%; the TTM figure through Jun 2026 stood at 31.08% (up 1848.0% YoY), while the FY2025 annual figure was 23.76%, down 816.0% from the prior year.
• Net Margin came in at 31.56% for Q2 2026 at American Tower, up from 31.4% in the prior quarter.
• In the past five years, Net Margin ranged from a high of 48.27% in Q4 2024 to a low of 31.41% in Q3 2024.
• Average Net Margin over 5 years is 21.1%, with a median of 30.55% recorded in 2023.
• Year-over-year, Net Margin slumped 6253 bps in 2024 and soared 6281 bps in 2025.
• Over 5 years, Net Margin stood at 24.85% in 2022, then surged by 114 bps to 3.46% in 2023, then jumped by 1296 bps to 48.27% in 2024, then tumbled by 38 bps to 29.98% in 2025, then climbed by 5 bps to 31.56% in 2026.
• Per Business Quant data, the three most recent Net Margin figures were 31.56% in Q2 2026, 31.4% in Q1 2026, and 29.98% in Q4 2025.