Business Segments · Operating Income (Loss)

Property — Operating Income (Loss)

American Tower Property — Operating Income (Loss) increased by 0.8% to $1.88B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 6.0%, from $1.77B to $1.88B. Over 4 years (FY 2021 to FY 2025), Property — Operating Income (Loss) shows an upward trend with a 4.5% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2019
Last reportedQ1 2026
Rolls up toOperating Income

How to read this metric

An increase signals strong core business performance and effective cost management, while a decrease suggests margin compression or rising overhead costs.

Detailed definition

This represents the operating profit of the property segment after accounting for both direct site operating expenses an...

Peer comparison

Comparable to segment operating income reported by diversified infrastructure and real estate companies.

Metric ID: amt_segment_total_property_operating_income_loss

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.49B$1.55B$1.54B$1.66B$1.69B$1.67B$1.74B$1.79B$1.78B$1.86B$1.83B$1.90B$1.93B$1.72B$1.42B$1.77B$1.77B$1.83B$1.86B$1.88B
QoQ Change+4.2%-0.7%+7.6%+2.3%-1.5%+4.3%+3.1%-0.6%+4.5%-2.0%+4.3%+1.1%-10.6%-17.6%+24.8%-0.2%+3.7%+1.6%+0.8%
YoY Change+13.8%+7.6%+13.0%+8.4%+5.3%+11.8%+4.9%+6.1%+7.9%-7.7%-22.4%-7.1%-8.3%+6.4%+31.3%+6.0%
Range$1.42B$1.93B
CAGR+5.0%
Avg YoY Growth+4.8%
Median YoY Growth+6.3%
Current Streak3 quarters growth

Frequently Asked Questions

What is American Tower's property — operating income (loss)?
American Tower (AMT) reported property — operating income (loss) of $1.88B in Q1 2026.
How has American Tower's property — operating income (loss) changed year-over-year?
American Tower's property — operating income (loss) increased by 6.0% year-over-year, from $1.77B to $1.88B.
What is the long-term trend for American Tower's property — operating income (loss)?
Over 4 years (2021 to 2025), American Tower's property — operating income (loss) has grown at a 4.5% compound annual growth rate (CAGR), from $6.05B to $7.23B.
What does property — operating income (loss) mean?
The net operating profit generated by the property segment after all direct and allocated expenses.