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American Tower AMT Africa & APAC — Segment operating expenses

Other segment segments

U.S. & Canada
$220.4M-0.8%
Latin America
$130.8M+5.1%
Data Centers
$113.8M+10.6%
Europe
$96.1M+11.0%
Services
$33.4M-30.6%

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FDSAsia Pacific — Operating Expenses
$19.21M+22.2%
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UAAAsia-Pacific — Other segment expenses
$148.4M+10.4%
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ESABEMEA and APAC Segment — Operating Expenses
$21.35M-20.3%
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PLPCAsia-Pacific — Total Costs & Expenses
$5.83M+5.1%
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SWEurope, MEA and APAC — Operating Expenses
$2.35B+7.2%
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SMHIAfrica And Europe — Operating Costs And Expenses
$17.82M+11.2%

Other financials

Income statement

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Revenue$2.7B+4.7%
Operating income$1.3B+5.9%
Net income$887.5M+133%
EPS (diluted)$1.86+138%

Balance sheet

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Cash & equivalents$1.8B-15.1%
Total debt$45.0B+348%
Total equity$3.7B+0.2%
Total assets$63.3B-0.7%

Cash flow

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Operating cash flow$1.5B+16.0%
CapEx$320.9M+5.4%
Free cash flow$1.2B+19.3%

Valuation

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Market cap$81.29B-16.7%
Enterprise value$124.52B+18.0%
P/E23.1×-50.3×
P/S7.4×-2.1×

Profitability

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Gross margin99.5%
Operating margin44.8%-0.7pp
Net margin32.1%+19.2pp
FCF margin36.2%-0.3pp

Returns & leverage

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Return on equity94.6%+59.5pp
Debt / equity12.1×+9.4×
Current ratio0.4×-0.3×

Where this comes from

Reported directly by American Tower in its filing.

Tagged under the XBRL concept us-gaap:CostOfRevenue.

The official record: American Tower’s 10-Q, filed July 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is American Tower's africa & APAC — segment operating expenses?
American Tower (AMT) reported africa & APAC — segment operating expenses of $146.8M in Q2 2026.
How has American Tower's africa & APAC — segment operating expenses changed year-over-year?
American Tower's africa & APAC — segment operating expenses increased by 40.5% year-over-year, from $104.5M to $146.8M.
What is the long-term trend for American Tower's africa & APAC — segment operating expenses?
Over 2 years (2023 to 2025), American Tower's africa & APAC — segment operating expenses has grown at a 0.9% compound annual growth rate (CAGR), from $438.4M to $446.5M.
What does africa & APAC — segment operating expenses mean?
This includes all direct costs associated with operating and maintaining tower sites in the Africa and Asia-Pacific regions, such as power, maintenance, and site security. It excludes corporate overhead but captures the operational intensity of the regional portfolio. Monitoring this helps evaluate the cost-efficiency of managing infrastructure in these specific geographies.