American Tower (AMT) Property, Plant & Equipment (Net) (2009 - 2026)
American Tower's Property, Plant & Equipment (Net) was $20.57 billion in Q2 2026, up 3.9% from $19.8 billion a year earlier and up 0.6% from the prior quarter.
Powered by 
Analysis
American Tower (AMT) Property, Plant & Equipment (Net) (2009 - 2026) Analysis & Trends
At the end of FY2025, Property, Plant & Equipment (Net) at American Tower came in at $20.36 billion, up 6.8% from FY2024.
- Property, Plant & Equipment (Net) shows a five-year compound annual growth rate of 9.7% (FY2020 to FY2025).
- In earlier years, Property, Plant & Equipment (Net) was $19.06 billion in FY2024 (+1.0%), $18.86 billion in FY2023 (-5.7%), $20 billion in FY2022 (+1.1%) and $19.78 billion in FY2021 (+54.5%).
- The Q2 2026 figure marks the highest quarterly Property, Plant & Equipment (Net) in data going back to Q2 2009.
- Compared with a year earlier, Property, Plant & Equipment (Net) has increased for four straight quarters, with growth averaging 2.0% over the last eight quarters.
- The best year-over-year quarter for Property, Plant & Equipment (Net) over five years was Q1 2022 (growth of 56.7%); the worst was Q4 2023 (a decline of 5.7%).
- Per Business Quant data, AMT's Property, Plant & Equipment (Net) in the three quarters before Q2 2026 was $20.44 billion (Q1 2026), $20.36 billion (Q4 2025) and $20.14 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PP&E (Net) (Qtr) |
|---|---|---|---|---|---|
| 1 | American Tower | 75.57 Bn | 75.31 Bn | 2.72 Bn | 20.57 Bn |
| 2 | Digital Realty Trust | 66.06 Bn | 56.59 Bn | - | - |
| 3 | Crown Castle | 28.31 Bn | 27.05 Bn | 989.00 Mn | 6.17 Bn |
| 4 | Sba Communications | 16.81 Bn | 16.90 Bn | 539.27 Mn | 3.45 Bn |
| 5 | Lamar Advertising | 12.56 Bn | 12.38 Bn | 422.53 Mn | 1.69 Bn |
| 6 | OUTFRONT Media | 5.05 Bn | 4.82 Bn | 276.40 Mn | 644.30 Mn |
| 7 | Array Digital Infrastructure | 2.97 Bn | 1.87 Bn | 30.57 Mn | 374.70 Mn |
| 8 | IHS Holding | 2.79 Bn | -67.81 Mn | 207.10 Mn | 786.30 Mn |
| 9 | Fermi | 2.57 Bn | 1.71 Bn | - | 1.55 Bn |
| 10 | Clear Channel Outdoor Holdings | 1.22 Bn | 503.54 Mn | 241.86 Mn | 428.57 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.57 Bn |
| Mar 31, 2026 | 20.44 Bn |
| Dec 31, 2025 | 20.36 Bn |
| Sep 30, 2025 | 20.14 Bn |
| Jun 30, 2025 | 19.80 Bn |
| Mar 31, 2025 | 19.27 Bn |
| Dec 31, 2024 | 19.06 Bn |
| Sep 30, 2024 | 19.28 Bn |
| Jun 30, 2024 | 19.93 Bn |
| Mar 31, 2024 | 20.09 Bn |
| Dec 31, 2023 | 18.86 Bn |
| Sep 30, 2023 | 19.61 Bn |
| Jun 30, 2023 | 19.76 Bn |
| Mar 31, 2023 | 19.84 Bn |
| Dec 31, 2022 | 20.00 Bn |
| Sep 30, 2022 | 19.40 Bn |
| Jun 30, 2022 | 19.72 Bn |
| Mar 31, 2022 | 19.92 Bn |
| Dec 31, 2021 | 19.78 Bn |
| Sep 30, 2021 | 14.27 Bn |
API Access
American Tower Property, Plant & Equipment (Net) 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=property-plant-and-equipment-net&ticker=AMT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "property-plant-and-equipment-net", "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=property-plant-and-equipment-net&ticker=AMT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();