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Business Segments · Segment operating expenses

Property — Segment operating expenses

American Tower Property — Segment operating expenses decreased by 1.8% to $664.8M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 10.9%, from $599.6M to $664.8M. Over 4 years (FY 2021 to FY 2025), Property — Segment operating expenses shows relatively stable performance with a -0.1% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2019
Last reportedQ1 2026Apr 28, 2026

How to read this metric

An increase relative to revenue may signal rising maintenance costs or ground lease inflation, while a decrease suggests improved operational efficiency.

Detailed definition

This represents the direct costs associated with maintaining, operating, and managing the company's portfolio of communi...

Peer comparison

Comparable to site operating expenses reported by global telecommunications infrastructure providers.

Metric ID: amt_segment_total_property_segment_operating_expenses

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$623.3M$693.4M$705.3M$771.5M$794M$808.8M$87.5M$787M$810.1M$625.5M$624.4M$605M$627.3M$626.9M$622.6M$599.6M$640.6M$657M$676.9M$664.8M
QoQ Change+11.2%+1.7%+9.4%+2.9%+1.9%-89.2%+799.4%+2.9%-22.8%-0.2%-3.1%+3.7%-0.1%-0.7%-3.7%+6.8%+2.6%+3.0%-1.8%
YoY Change+27.4%+16.6%-87.6%+2.0%+2.0%-22.7%+613.6%-23.1%-22.6%+0.2%-0.3%-0.9%+2.1%+4.8%+8.7%+10.9%
Range$87.5M$810.1M
CAGR+1.4%
Avg YoY Growth+33.2%
Median YoY Growth+2.0%

Frequently Asked Questions

What is American Tower's property — segment operating expenses?
American Tower (AMT) reported property — segment operating expenses of $664.8M in Q1 2026.
How has American Tower's property — segment operating expenses changed year-over-year?
American Tower's property — segment operating expenses increased by 10.9% year-over-year, from $599.6M to $664.8M.
What is the long-term trend for American Tower's property — segment operating expenses?
Over 4 years (2021 to 2025), American Tower's property — segment operating expenses has grown at a -0.1% compound annual growth rate (CAGR), from $2.59B to $2.57B.
What does property — segment operating expenses mean?
The direct costs required to operate and maintain the company's communication property portfolio.