American Tower (AMT) Operating Leases (2019 - 2026)
American Tower (AMT) posted Operating Leases of $7.8 billion for Q2 2026, little changed sequentially from $7.8 billion in Q1 2026, and up 0.8% YoY from $7.7 billion in Q2 2025.
American Tower (AMT) Operating Leases (2019 - 2026) Analysis & Trends
American Tower has reported Operating Leases for 8 years, with the latest figure at $7.8 billion in Q2 2026.
- Quarterly Operating Leases rose 0.8% year-over-year to $7.8 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $7.8 billion (up 0.8% YoY) and the FY2025 annual result came in at $7.7 billion, up 3.91% from the prior year.
- Operating Leases was little changed at $7.8 billion in Q2 2026 per AMT's latest filing, from $7.8 billion in the prior quarter.
- Over five years, Operating Leases peaked at $8.8 billion in Q1 2022 and troughed at $515.0 million in Q1 2024.
- A 5-year average of $6.8 billion and a median of $7.8 billion in 2025 frame the typical range for Operating Leases.
- The sharpest annual moves came in 2024 and 2025: Operating Leases plunged 93.86% in 2024, then jumped 1409.18% in 2025.
- Over 5 years, Operating Leases stood at $8.4 billion in 2022, then declined by 10.44% to $7.5 billion in 2023, then decreased by 0.71% to $7.5 billion in 2024, then rose by 3.91% to $7.7 billion in 2025, then grew by 0.6% to $7.8 billion in 2026.
- According to Business Quant data, Operating Leases over the past three periods registered $7.8 billion, $7.8 billion, and $7.7 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Equinix | 106.74 Bn | 104.52 Bn | 1.40 Bn |
| 2 | American Tower | 82.05 Bn | 80.29 Bn | 2.72 Bn |
| 3 | Digital Realty Trust | 68.79 Bn | 66.93 Bn | - |
| 4 | Iron Mountain | 36.65 Bn | 36.44 Bn | 1.07 Bn |
| 5 | Crown Castle | 32.67 Bn | 31.63 Bn | 989.00 Mn |
| 6 | Sba Communications | 19.18 Bn | 19.18 Bn | 539.27 Mn |
| 7 | Weyerhaeuser | 17.80 Bn | 17.27 Bn | 311.00 Mn |
| 8 | Lamar Advertising | 15.33 Bn | 15.26 Bn | 422.53 Mn |
| 9 | Gaming & Leisure Properties | 12.49 Bn | 12.49 Bn | - |
| 10 | Rayonier | 6.43 Bn | 6.01 Bn | 75.67 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 7.79 Bn |
| Mar 31, 2026 | 7.81 Bn |
| Dec 31, 2025 | 7.74 Bn |
| Sep 30, 2025 | 7.77 Bn |
| Jun 30, 2025 | 7.73 Bn |
| Mar 31, 2025 | 7.52 Bn |
| Dec 31, 2024 | 7.45 Bn |
| Sep 30, 2024 | 515.00 Mn |
| Jun 30, 2024 | 515.00 Mn |
| Mar 31, 2024 | 515.00 Mn |
| Dec 31, 2023 | 7.51 Bn |
| Sep 30, 2023 | 8.22 Bn |
| Jun 30, 2023 | 8.38 Bn |
| Mar 31, 2023 | 8.37 Bn |
| Dec 31, 2022 | 8.38 Bn |
| Sep 30, 2022 | 8.33 Bn |
| Jun 30, 2022 | 8.62 Bn |
| Mar 31, 2022 | 8.76 Bn |
| Dec 31, 2021 | 8.75 Bn |
| Sep 30, 2021 | 8.60 Bn |