American Tower (AMT) Tax Rate (2009 - 2026)
American Tower (AMT) posted Tax Rate of 13.09% for Q3 2026, up 9.15 percentage points from 3.94% a year earlier and up 1.02 percentage points from the prior quarter.
American Tower (AMT) Tax Rate (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Tax Rate at American Tower was 13.03%, up 2.32 percentage points year-over-year; for FY2025, it was 13.66%, up 3.55 percentage points from FY2024.
- Annual Tax Rate has increased for three consecutive years, with a five-year change of +6.54 percentage points (FY2020 to FY2025).
- In prior years, American Tower's Tax Rate was 10.11% in FY2024 (+4.17 pp), 5.94% in FY2023 (+0.53 pp), 5.41% in FY2022 (-3.85 pp) and 9.25% in FY2021 (+2.14 pp).
- Quarterly Tax Rate has run from a low of 0.82% in Q2 2022 to a high of 25.65% in Q2 2025 over five years.
- On a year-over-year basis, Tax Rate increased in four of the last seven quarters, with an average year-over-year change of +0.73 percentage points.
- The strongest year-over-year quarter for Tax Rate in the past five years was Q2 2025, with a gain of 16.52 percentage points; the weakest was Q3 2025, with a drop of 18.30 percentage points.
- According to Business Quant data, Tax Rate for the three prior quarters was 12.07% (Q2 2026), 13.71% (Q1 2026) and 13.28% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | American Tower | 86.72 Bn | 80.00 Bn | 2.75 Bn | 13.09% |
| 2 | Digital Realty Trust | 67.98 Bn | 59.43 Bn | - | 4.19% |
| 3 | Crown Castle | 37.11 Bn | 35.78 Bn | 982.00 Mn | 1.74% |
| 4 | Sba Communications | 19.86 Bn | 18.40 Bn | 542.40 Mn | 8.73% |
| 5 | Lamar Advertising | 16.11 Bn | 15.92 Bn | 422.53 Mn | 1.64% |
| 6 | OUTFRONT Media | 5.53 Bn | 5.27 Bn | 276.40 Mn | 1.15% |
| 7 | IHS Holding | 2.84 Bn | -723.51 Mn | 207.10 Mn | 158.53% |
| 8 | Array Digital Infrastructure | 2.59 Bn | 1.48 Bn | 30.57 Mn | 25.56% |
| 9 | Clear Channel Outdoor Holdings | 1.23 Bn | 518.82 Mn | 241.86 Mn | - |
| 10 | Fermi | 1.03 Bn | 171.55 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 13.09% |
| Jun 30, 2026 | 12.07% |
| Mar 31, 2026 | 13.71% |
| Dec 31, 2025 | 13.28% |
| Sep 30, 2025 | 3.94% |
| Jun 30, 2025 | 25.65% |
| Mar 31, 2025 | 19.26% |
| Dec 31, 2024 | 5.76% |
| Sep 30, 2024 | 22.23% |
| Jun 30, 2024 | 9.13% |
| Mar 31, 2024 | 9.91% |
| Sep 30, 2023 | 6.01% |
| Jun 30, 2023 | 2.78% |
| Mar 31, 2023 | 14.50% |
| Sep 30, 2022 | 4.22% |
| Jun 30, 2022 | 0.82% |
| Mar 31, 2022 | 3.10% |
| Dec 31, 2021 | 16.52% |
| Sep 30, 2021 | 6.61% |
| Jun 30, 2021 | 8.87% |
American Tower Tax Rate 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=tax-rate&ticker=AMT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=AMT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();