American Tower U.S. & Canada — Property lease revenue decreased by 4.8% to $1.19B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 2.5%, from $1.22B to $1.19B. Over 4 years (FY 2021 to FY 2025), U.S. & Canada — Property lease revenue shows relatively stable performance with a 1.7% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Growth in this metric reflects successful lease-up rates and contractual rent escalations, which are critical for long-term cash flow stability.
This represents the specific portion of revenue derived from leasing tower space and data center facilities to tenants i...
Commonly reported by tower REITs and real estate operators as 'rental revenue'.
amt_segment_u_s_canada_property_lease_revenue| 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 | $1.16B | $1.16B | $1.15B | $1.16B | $1.16B | $1.18B | $1.21B | $1.22B | $1.22B | $1.23B | $1.22B | $1.24B | $1.24B | $1.25B | $1.22B | $1.22B | $1.23B | $1.25B | $1.25B | $1.19B |
| QoQ Change | — | -0.5% | -0.9% | +1.0% | +0.3% | +2.0% | +1.8% | +0.9% | +0.2% | +1.1% | -0.7% | +1.1% | +0.0% | +1.0% | -2.1% | -0.1% | +0.9% | +0.9% | +0.5% | -4.8% |
| YoY Change | — | — | — | — | -0.1% | +2.3% | +5.1% | +5.0% | +4.9% | +4.1% | +1.6% | +1.7% | +1.6% | +1.4% | -0.0% | -1.1% | -0.3% | -0.4% | +2.3% | -2.5% |