Discontinued — last reported Q3 '24
Property, Africa — Gross Profit
American Tower Property, Africa — Gross Profit increased by 3.2% to $203.80M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 3.5%, from $196.90M to $203.80M. Over 2 years (FY 2021 to FY 2023), Property, Africa — Gross Profit shows an upward trend with a 9.6% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
Higher gross profit indicates strong site-level margins and effective control over direct operating costs.
Detailed definition
This is calculated as the revenue from the Africa segment minus the direct costs of operating the tower sites. It repres...
Peer comparison
Standard profitability metric; comparable to 'Site Gross Margin' in the telecommunications infrastructure sector.
amt_segment_africa_gross_profitHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $162.30M | $169.20M | $173.10M | $170.10M | $173.60M | $183.60M | $220.10M | $198.50M | $208.40M | $196.90M | $188.50M | $199.30M | $197.50M | $203.80M |
| QoQ Change | — | +4.3% | +2.3% | -1.7% | +2.1% | +5.8% | +19.9% | -9.8% | +5.0% | -5.5% | -4.3% | +5.7% | -0.9% | +3.2% |
| YoY Change | — | — | — | — | +7.0% | +8.5% | +27.2% | +16.7% | +20.0% | +7.2% | -14.4% | +0.4% | -5.2% | +3.5% |
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Frequently Asked Questions
- What is American Tower's property, africa — gross profit?
- American Tower (AMT) reported property, africa — gross profit of $203.80M in Q3 2024.
- How has American Tower's property, africa — gross profit changed year-over-year?
- American Tower's property, africa — gross profit increased by 3.5% year-over-year, from $196.90M to $203.80M.
- What is the long-term trend for American Tower's property, africa — gross profit?
- Over 2 years (2021 to 2023), American Tower's property, africa — gross profit has grown at a 9.6% compound annual growth rate (CAGR), from $659.40M to $792.30M.
- What does property, africa — gross profit mean?
- Revenue from Africa operations minus the direct costs of maintaining those sites.