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American Tower AMT Services — Gross Profit

Other segment segments

U.S. & Canada
$1.05B-2.8%
Latin America
$310.8M+17.3%
Africa & APAC
$268.5M+15.8%
Data Centers
$183.3M+15.3%
Europe
$163.3M+11.8%

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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:GrossProfit.

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 services — gross profit?
American Tower (AMT) reported services — gross profit of $27.9M in Q2 2026.
How has American Tower's services — gross profit changed year-over-year?
American Tower's services — gross profit decreased by 45.7% year-over-year, from $51.4M to $27.9M.
What is the long-term trend for American Tower's services — gross profit?
Over 4 years (2021 to 2025), American Tower's services — gross profit has grown at a 2.4% compound annual growth rate (CAGR), from $150.6M to $165.6M.
What does services — gross profit mean?
Calculated as segment revenue minus the direct costs associated with providing those services. It measures the fundamental profitability of the services business before accounting for administrative or development expenses.