American Tower
American Tower Corporation is a leading independent owner, operator, and developer of multitenant communications real estate, organized as a Real Estate Investment Trust (REIT). The company provides the critical infrastructure necessary for wireless connectivity by leasing space on its global portfolio of towers and data centers to telecommunications and technology providers. Its core value proposition lies in its long-term, inflation-linked lease structures and the high barriers to entry for essential wireless network assets.
Financials
Based on Q1 2026 filing
Revenue
View metricNet Income
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View metricFree Cash Flow
View metricEPS (Diluted)
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Property Operations
primaryThe primary business segment focused on leasing space on communications sites, including towers and managed networks, to various service providers. It generates revenue through long-term tenant leases with contractual rent escalations and high renewal rates.
Macro Towers, Distributed Antenna Systems (DAS), Managed Rooftops, Fiber and Related Assets, Shared Generators and Power Solutions
Wireless service providers, Radio and television broadcast companies, Wireless data providers, Government agencies, Municipalities
Data Centers
moderateProvides highly interconnected data center facilities that house networking, storage, and communications technology infrastructure. These facilities function as interconnection hubs where customers connect to multiple networks and cloud providers.
Interconnected Data Center Facilities, Edge Compute Solutions, Interconnection Services
Enterprises, Network operators, Cloud providers, Supporting service providers
Services
minorOffers specialized tower-related services in the United States that support the site leasing business and customer deployment needs. These services facilitate the addition of new tenants and equipment on existing sites.
Site Application, Zoning and Permitting, Structural and Mount Analyses, Construction Management, Program Management
Wireless carriers, Telecommunications equipment vendors
Segment Financials
Total Property — Total Assets
View metricAfrica & APAC — Total Assets
View metricData Centers — Total Assets
View metricData Centers — Number of data centers operated
View metricData Centers — Number of operating markets
View metricU.S. & Canada — Total Assets
View metricLatin America — Total Assets
View metricBusiness Overview
Competitive Position
A leading global independent tower operator with a massive, geographically diversified portfolio and significant scale advantages in the wireless infrastructure market.
Geographies
United States, Canada, Latin America, Europe, Africa, Asia-Pacific
Customer Segments
Telecommunications carriers, Cloud service providers, Broadcasters, Public sector
Upstream Dependencies
Landowners and ground lessors, Tower manufacturers, Power and fuel utilities, Construction contractors
Downstream Customers
Mobile network operators, Internet service providers, Cloud computing companies, Television and radio broadcasters
Competitors & Partners
Competitors
Subsidiaries
CoreSite Realty Corporation
Data center operator acquired in 2021
ATC Brazil
Brazilian infrastructure subsidiary that issued debentures
American Tower FAQ
Common questions about American Tower
American Tower Corporation is a leading independent owner, operator, and developer of multitenant communications real estate, organized as a Real Estate Investment Trust (REIT). The company provides the critical infrastructure necessary for wireless connectivity by leasing space on its global portfolio of towers and data centers to telecommunications and technology providers. Its core value proposition lies in its long-term, inflation-linked lease structures and the high barriers to entry for essential wireless network assets.
American Tower (AMT) has a market capitalization of $85.7B and trades on NYSE.
American Tower generated $10.8B in trailing twelve-month revenue with net income of $3.0B, representing a net margin of 27.8%, with free cash flow of $3.8B. These figures are based on the Q1 2026 filing.
American Tower's key competitors include Crown Castle Inc., SBA Communications Corporation, Equinix, Inc., and others. These companies compete in similar markets and product categories.
American Tower has approximately 5,643 employees.