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American Tower AMT Property Revenue — Segment revenues

Other product segments

Services
$74.6M

Similar metrics at other companies

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SBACDomestic Site Leasing Revenue — Revenue
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CCITowers — Segment Revenues
$951.75M+7.6%
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CCIConsolidated Entities — Siterentalrevenues
$1.34B+4.0%
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CCIConsolidated Total — Operating Leases Income Statement Lease Revenue
$1.24B+5.9%
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CCITowers — Site rental revenues
$1.07B-0.8%
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CCIConsolidated Entities — Site Rental Revenues
$1.32B+4.4%

Other financials

Income statement

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Revenue$2.7B+6.8%
Operating income$1.2B-1.2%
Net income$878.5M+76.2%
EPS (diluted)$1.84+76.9%

Balance sheet

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Cash & equivalents$1.6B-23.5%
Total debt$13.9B+34.7%
Total equity$3.5B-0.3%
Total assets$63.2B+1.9%

Cash flow

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Operating cash flow$1.4B+8.2%
CapEx$449.5M+35.8%
Free cash flow$951.1M-1.3%

Valuation

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Market cap$82.02B-20.9%
Enterprise value$94.36B-15.6%
P/E27.3×-28.6×
P/S7.6×-2.6×

Profitability

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Gross margin99.5%
Operating margin44.7%-0.8pp
Net margin27.8%+9.6pp
FCF margin34.9%-2.3pp

Returns & leverage

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Return on equity85.3%+36.3pp
Debt / equity+1.0×
Current ratio0.3×-0.3×

Where this comes from

Reported directly by American Tower in its filing.

Tagged under the XBRL concept us-gaap:Revenues.

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

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Questions, answered.

What is American Tower's property revenue — segment revenues?
American Tower (AMT) reported property revenue — segment revenues of $2.67B in Q1 2026.
How has American Tower's property revenue — segment revenues changed year-over-year?
American Tower's property revenue — segment revenues increased by 7.3% year-over-year, from $2.49B to $2.67B.
What is the long-term trend for American Tower's property revenue — segment revenues?
Over 4 years (2021 to 2025), American Tower's property revenue — segment revenues has grown at a 3.1% compound annual growth rate (CAGR), from $9.11B to $10.31B.
What does property revenue — segment revenues mean?
Total revenue earned from leasing space on communication towers and related infrastructure assets.
How do you interpret property revenue — segment revenues?
An increase indicates higher demand for network capacity or successful lease-up of existing tower space, while a decrease may signal carrier churn, consolidation, or reduced capital expenditure by mobile network operators.
How does property revenue — segment revenues compare across companies?
Comparable to 'Site Rental Revenue' or 'Tower Leasing Revenue' reported by other global tower operators and telecommunications infrastructure REITs.