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American Tower AMT Total  Property — 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%
Services
$27.9M-45.7%

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CERSProduct — Gross Profit
$27.89M+9.7%

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 total  property — gross profit?
American Tower (AMT) reported total  property — gross profit of $1.98B in Q2 2026.
How has American Tower's total  property — gross profit changed year-over-year?
American Tower's total  property — gross profit increased by 4.9% year-over-year, from $1.89B to $1.98B.
What is the long-term trend for American Tower's total  property — gross profit?
Over 4 years (2021 to 2025), American Tower's total  property — gross profit has grown at a 4.3% compound annual growth rate (CAGR), from $6.52B to $7.73B.
What does total  property — gross profit mean?
This metric is calculated as the total property revenue minus the direct operating expenses associated with those properties. It measures the profitability of the core infrastructure assets before accounting for corporate overhead or development costs. It is a key indicator of the underlying margin profile of the tower and data center business.