American Tower (AMT) Net Margin (2009 - 2026)
American Tower (AMT) reported Net Margin of 31.4% for Q1 2026, up 1233.0% on a YoY basis from 2.36% in Q1 2025, and up 4.73% sequentially from 29.98% in Q4 2025.
American Tower (AMT) Net Margin (2009 - 2026) Analysis & Trends
American Tower (AMT) has 18 years of Net Margin data on file, last reported at 31.4% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin rose 1233.0% year-over-year to 31.4%; the trailing twelve-month figure through Mar 2026 stood at 26.81% (down 165.0% YoY), and the FY2025 full-year result was 23.76%, down 816.0% from the prior year.
- Net Margin improved to 31.4% in Q1 2026, from 29.98% 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 41.71% in Q4 2022.
- A 5-year average of 21.02% and a median of 26.75% in 2022 frame the typical range for Net Margin.
- Across the five-year window, Net Margin tumbled 5976 bps in 2022 and soared 4784 bps in 2024, its largest moves.
- Tracing AMT's Net Margin over 5 years: stood at 41.71% in 2022, then surged by 101 bps to 0.42% in 2023, then soared by 11298 bps to 48.27% in 2024, then slumped by 38 bps to 29.98% in 2025, then grew by 5 bps to 31.4% in 2026.
- Business Quant data shows AMT's Net Margin at 31.4% in Q1 2026, 29.98% in Q4 2025, and 31.4% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 102.00 Bn | 98.94 Bn | 1.26 Bn | 16.98% |
| 2 | American Tower | 76.76 Bn | 83.27 Bn | 2.70 Bn | 31.40% |
| 3 | Digital Realty Trust | 61.91 Bn | 61.08 Bn | - | 5.80% |
| 4 | Iron Mountain | 37.06 Bn | 37.09 Bn | 1.05 Bn | 7.42% |
| 5 | Crown Castle | 32.50 Bn | 32.44 Bn | 23.00 Mn | 563.27% |
| 6 | Sba Communications | 18.50 Bn | 18.59 Bn | 532.10 Mn | 26.29% |
| 7 | Weyerhaeuser | 17.05 Bn | 16.75 Bn | 318.00 Mn | 9.03% |
| 8 | Lamar Advertising | 15.99 Bn | 15.96 Bn | 344.69 Mn | 19.17% |
| 9 | Gaming & Leisure Properties | 12.58 Bn | 12.98 Bn | - | 57.00% |
| 10 | Rayonier | 6.43 Bn | 5.79 Bn | 46.45 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 16.50% |
| Jun 30, 2024 | 29.94% |
| Mar 31, 2024 | 32.86% |
| Dec 31, 2023 | 0.42% |
| Sep 30, 2023 | 23.28% |
| Jun 30, 2023 | 17.31% |
| Mar 31, 2023 | 12.88% |
| 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 | 29.59% |
| Jun 30, 2021 | 32.53% |