American Tower Property — Segment operating expenses decreased by 1.8% to $664.80M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 10.9%, from $599.60M to $664.80M. 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.
An increase relative to revenue may signal rising maintenance costs or ground lease inflation, while a decrease suggests improved operational efficiency.
This represents the direct costs associated with maintaining, operating, and managing the company's portfolio of communi...
Comparable to site operating expenses reported by global telecommunications infrastructure providers.
amt_segment_total_property_segment_operating_expenses| 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 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $623.30M | $693.40M | $705.30M | $771.50M | $794.00M | $808.80M | $782.10M | $787.00M | $810.10M | $803.30M | $800.10M | $774.40M | $799.90M | $626.90M | $280.60M | $599.60M | $640.60M | $657.00M | $676.90M | $664.80M |
| QoQ Change | — | +11.2% | +1.7% | +9.4% | +2.9% | +1.9% | -3.3% | +0.6% | +2.9% | -0.8% | -0.4% | -3.2% | +3.3% | -21.6% | -55.2% | +113.7% | +6.8% | +2.6% | +3.0% | -1.8% |
| YoY Change | — | — | — | — | +27.4% | +16.6% | +10.9% | +2.0% | +2.0% | -0.7% | +2.3% | -1.6% | -1.3% | -22.0% | -64.9% | -22.6% | -19.9% | +4.8% | +141.2% | +10.9% |