Discontinued — last reported Q3 '24
Business Segments · Goodwill
Property, Africa — Goodwill
American Tower Property, Africa — Goodwill increased by 1.2% to $518.30M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 2.8%, from $504.00M to $518.30M. Over 2 years (FY 2021 to FY 2023), Property, Africa — Goodwill shows a downward trend with a -9.3% CAGR.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2019
Last reportedQ3 2024
Rolls up toGoodwill
How to read this metric
A significant decrease may signal an impairment charge due to underperformance in the African market, while an increase reflects recent acquisition activity.
Detailed definition
This represents the excess of the purchase price over the fair value of net identifiable assets acquired in the Africa s...
Peer comparison
Common in consolidated financial statements for companies with active M&A strategies in emerging markets.
Metric ID:
amt_segment_africa_goodwillHistorical Data
14 periods
| 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 | $632.10M | $622.30M | $612.20M | $597.30M | $567.90M | $534.00M | $548.50M | $529.80M | $517.90M | $504.00M | $497.70M | $499.30M | $512.40M | $518.30M |
| QoQ Change | — | -1.6% | -1.6% | -2.4% | -4.9% | -6.0% | +2.7% | -3.4% | -2.2% | -2.7% | -1.3% | +0.3% | +2.6% | +1.2% |
| YoY Change | — | — | — | — | -10.2% | -14.2% | -10.4% | -11.3% | -8.8% | -5.6% | -9.3% | -5.8% | -1.1% | +2.8% |
Range$497.70M – $632.10M
CAGR-5.9%
Avg YoY Growth-7.4%
Median YoY Growth-9.0%
Current Streak3 quarters growth
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Frequently Asked Questions
- What is American Tower's property, africa — goodwill?
- American Tower (AMT) reported property, africa — goodwill of $518.30M in Q3 2024.
- How has American Tower's property, africa — goodwill changed year-over-year?
- American Tower's property, africa — goodwill increased by 2.8% year-over-year, from $504.00M to $518.30M.
- What is the long-term trend for American Tower's property, africa — goodwill?
- Over 2 years (2021 to 2023), American Tower's property, africa — goodwill has grown at a -9.3% compound annual growth rate (CAGR), from $2.49B to $2.05B.
- What does property, africa — goodwill mean?
- The intangible value recorded in the Africa segment following business acquisitions.