Discontinued — last reported Q3 '24
Property, Africa — Selling, general, administrative and development expense
American Tower Property, Africa — Selling, general, administrative and development expense increased by 2.6% to $15.80M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 20.6%, from $13.10M to $15.80M. Over 2 years (FY 2021 to FY 2023), Property, Africa — Selling, general, administrative and development expense shows relatively stable performance with a 4.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
A rising ratio of SG&A to revenue may suggest scaling challenges or increased investment in future growth initiatives.
Detailed definition
This encompasses the indirect costs of managing the Africa segment, including regional administrative salaries, business...
Peer comparison
Standard operating expense category for all public companies.
amt_segment_africa_selling_general_administrative_and_development_expenseHistorical Data
| 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 | $17.50M | $16.50M | $19.40M | $22.50M | $22.00M | $19.40M | $16.10M | $21.40M | $18.70M | $13.10M | $26.10M | $14.90M | $15.40M | $15.80M |
| QoQ Change | — | -5.7% | +17.6% | +16.0% | -2.2% | -11.8% | -17.0% | +32.9% | -12.6% | -29.9% | +99.2% | -42.9% | +3.4% | +2.6% |
| YoY Change | — | — | — | — | +25.7% | +17.6% | -17.0% | -4.9% | -15.0% | -32.5% | +62.1% | -30.4% | -17.6% | +20.6% |
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Frequently Asked Questions
- What is American Tower's property, africa — selling, general, administrative and development expense?
- American Tower (AMT) reported property, africa — selling, general, administrative and development expense of $15.80M in Q3 2024.
- How has American Tower's property, africa — selling, general, administrative and development expense changed year-over-year?
- American Tower's property, africa — selling, general, administrative and development expense increased by 20.6% year-over-year, from $13.10M to $15.80M.
- What is the long-term trend for American Tower's property, africa — selling, general, administrative and development expense?
- Over 2 years (2021 to 2023), American Tower's property, africa — selling, general, administrative and development expense has grown at a 4.7% compound annual growth rate (CAGR), from $72.30M to $79.30M.
- What does property, africa — selling, general, administrative and development expense mean?
- The administrative and development costs associated with running the Africa business segment.