Business Segments · Selling, general, administrative and development expense

Property — Selling, general, administrative and development expense

American Tower Property — Selling, general, administrative and development expense decreased by 4.8% to $128.90M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 8.2%, from $119.10M to $128.90M. Over 4 years (FY 2021 to FY 2025), Property — Selling, general, administrative and development expense shows relatively stable performance with a 1.5% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2019
Last reportedQ1 2026
Rolls up toSG&A

How to read this metric

A decrease relative to revenue suggests improved corporate leverage and operational scalability, while an increase may reflect higher development activity or administrative bloat.

Detailed definition

This captures the indirect costs, including administrative overhead, corporate support, and development-related expenses...

Peer comparison

Comparable to corporate SG&A allocations in capital-intensive real estate or infrastructure businesses.

Metric ID: amt_segment_total_property_selling_general_administrative_and_development_expense

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$121.90M$125.20M$133.10M$173.30M$127.10M$133.20M$122.60M$132.80M$135.00M$125.00M$139.60M$125.10M$127.80M$122.20M$108.60M$119.10M$121.00M$127.90M$135.40M$128.90M
QoQ Change+2.7%+6.3%+30.2%-26.7%+4.8%-8.0%+8.3%+1.7%-7.4%+11.7%-10.4%+2.2%-4.4%-11.1%+9.7%+1.6%+5.7%+5.9%-4.8%
YoY Change+4.3%+6.4%-7.9%-23.4%+6.2%-6.2%+13.9%-5.8%-5.3%-2.2%-22.2%-4.8%-5.3%+4.7%+24.7%+8.2%
Range$108.60M$173.30M
CAGR+1.2%
Avg YoY Growth-0.9%
Median YoY Growth-3.5%

Frequently Asked Questions

What is American Tower's property — selling, general, administrative and development expense?
American Tower (AMT) reported property — selling, general, administrative and development expense of $128.90M in Q1 2026.
How has American Tower's property — selling, general, administrative and development expense changed year-over-year?
American Tower's property — selling, general, administrative and development expense increased by 8.2% year-over-year, from $119.10M to $128.90M.
What is the long-term trend for American Tower's property — selling, general, administrative and development expense?
Over 4 years (2021 to 2025), American Tower's property — selling, general, administrative and development expense has grown at a 1.5% compound annual growth rate (CAGR), from $474.40M to $503.40M.
What does property — selling, general, administrative and development expense mean?
The indirect administrative and development costs allocated to the property business segment.