Property — Selling, general, administrative and development expense
American Tower Property — Selling, general, administrative and development expense decreased by 4.8% to $128.9M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 8.2%, from $119.1M to $128.9M. 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
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.
amt_segment_total_property_selling_general_administrative_and_development_expenseHistorical Data
| 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 | $121.9M | $125.2M | $133.1M | $173.3M | $127.1M | $133.2M | $60M | $132.8M | $135M | $117.1M | $135.9M | $114.5M | $113.8M | $122.2M | $133.2M | $119.1M | $121M | $127.9M | $135.4M | $128.9M |
| QoQ Change | — | +2.7% | +6.3% | +30.2% | -26.7% | +4.8% | -55.0% | +121.3% | +1.7% | -13.3% | +16.1% | -15.7% | -0.6% | +7.4% | +9.0% | -10.6% | +1.6% | +5.7% | +5.9% | -4.8% |
| YoY Change | — | — | — | — | +4.3% | +6.4% | -54.9% | -23.4% | +6.2% | -12.1% | +126.5% | -13.8% | -15.7% | +4.4% | -2.0% | +4.0% | +6.3% | +4.7% | +1.7% | +8.2% |
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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 $128.9M 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 $119.1M to $128.9M.
- 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 $474.4M to $503.4M.
- What does property — selling, general, administrative and development expense mean?
- The indirect administrative and development costs allocated to the property business segment.