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

American Tower (AMT) posted Net Margin of 31.56% for Q2 2026, up 0.5% sequentially from 31.4% in Q1 2026, and up 1759.0% YoY from 1.7% in Q2 2025.

American Tower (AMT) Net Margin (2009 - 2026) Analysis & Trends

American Tower has reported Net Margin for 18 years, with the latest figure at 31.56% in Q2 2026.

Quarterly Net Margin rose 1759.0% year-over-year to 31.56% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 31.08% (up 1848.0% YoY) and the FY2025 annual result came in at 23.76%, down 816.0% from the prior year.
Net Margin improved to 31.56% in Q2 2026 per AMT's latest filing, from 31.4% in the prior quarter.
Over five years, Net Margin peaked at 48.27% in Q4 2024 and troughed at 31.41% in Q3 2024.
A 5-year average of 21.1% and a median of 30.55% in 2023 frame the typical range for Net Margin.
The sharpest annual moves came in 2024 and 2025: Net Margin tumbled 6253 bps in 2024, then jumped 6281 bps in 2025.
Over 5 years, Net Margin stood at 24.85% in 2022, then jumped by 114 bps to 3.46% in 2023, then soared by 1296 bps to 48.27% in 2024, then sank by 38 bps to 29.98% in 2025, then increased by 5 bps to 31.56% in 2026.
According to Business Quant data, Net Margin over the past three periods registered 31.56%, 31.4%, and 29.98% for Q2 2026, Q1 2026, and Q4 2025 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Net Margin (Qtr)
1	Equinix	106.74 Bn	104.52 Bn	1.40 Bn	18.17%
2	American Tower	82.05 Bn	80.29 Bn	2.72 Bn	31.56%
3	Digital Realty Trust	68.79 Bn	66.93 Bn	-	16.08%
4	Iron Mountain	36.65 Bn	36.44 Bn	1.07 Bn	5.00%
5	Crown Castle	32.67 Bn	31.63 Bn	989.00 Mn	1.88%
6	Sba Communications	19.18 Bn	19.18 Bn	539.27 Mn	27.47%
7	Weyerhaeuser	17.80 Bn	17.27 Bn	311.00 Mn	8.68%
8	Lamar Advertising	15.33 Bn	15.26 Bn	422.53 Mn	26.05%
9	Gaming & Leisure Properties	12.49 Bn	12.49 Bn	-	54.57%
10	Rayonier	6.43 Bn	6.01 Bn	75.67 Mn	4.85%

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