Discontinued — last reported Q3 '24

Business Segments · Operating Income (Loss)

Property, Africa — Operating Income (Loss)

American Tower Property, Africa — Operating Income (Loss) increased by 3.2% to $188.00M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 2.3%, from $183.80M to $188.00M. Over 2 years (FY 2021 to FY 2023), Property, Africa — Operating Income (Loss) shows an upward trend with a 10.2% 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 reportedQ3 2024
Rolls up toOperating Income

How to read this metric

Positive and growing operating income indicates a mature, profitable, and well-managed regional business unit.

Detailed definition

This is the profit or loss generated by the Africa segment after deducting both direct operating expenses and regional a...

Peer comparison

Standard segment-level profitability metric used across all industries.

Metric ID: amt_segment_africa_operating_income_loss

Historical Data

14 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24
Value$144.80M$152.70M$153.70M$147.60M$151.60M$164.20M$204.00M$177.10M$189.70M$183.80M$162.40M$184.40M$182.10M$188.00M
QoQ Change+5.5%+0.7%-4.0%+2.7%+8.3%+24.2%-13.2%+7.1%-3.1%-11.6%+13.5%-1.2%+3.2%
YoY Change+4.7%+7.5%+32.7%+20.0%+25.1%+11.9%-20.4%+4.1%-4.0%+2.3%
Range$144.80M$204.00M
CAGR+8.4%
Avg YoY Growth+8.4%
Median YoY Growth+6.1%

Frequently Asked Questions

What is American Tower's property, africa — operating income (loss)?
American Tower (AMT) reported property, africa — operating income (loss) of $188.00M in Q3 2024.
How has American Tower's property, africa — operating income (loss) changed year-over-year?
American Tower's property, africa — operating income (loss) increased by 2.3% year-over-year, from $183.80M to $188.00M.
What is the long-term trend for American Tower's property, africa — operating income (loss)?
Over 2 years (2021 to 2023), American Tower's property, africa — operating income (loss) has grown at a 10.2% compound annual growth rate (CAGR), from $587.10M to $713.00M.
What does property, africa — operating income (loss) mean?
The net profit or loss from the Africa segment's core business operations.