Goodwill
American Tower Goodwill decreased by 0.5% to $12.19B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.3%, from $11.92B to $12.19B. Over 5 years (FY 2020 to FY 2025), Goodwill shows an upward trend with a 11.0% CAGR.
Analysis
How to read this metric
High levels indicate a history of aggressive acquisition activity; significant write-downs may signal overpayment or poor performance of acquired assets.
Detailed definition
This represents the premium paid over the fair market value of net assets during acquisitions. It reflects the value of...
Peer comparison
Common in consolidating industries like telecommunications infrastructure where growth is frequently inorganic.
goodwillHistorical 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 | $10.58B | $10.48B | $13.35B | $13.31B | $12.97B | $12.69B | $12.08B | $13B | $13.05B | $12.57B | $12.08B | $12.56B | $12.48B | $12.05B | $11.77B | $11.92B | $12.25B | $12.26B | $12.26B | $12.19B |
| QoQ Change | — | -0.9% | +27.4% | -0.3% | -2.5% | -2.2% | -4.8% | +7.6% | +0.4% | -3.7% | -3.9% | +3.9% | -0.6% | -3.5% | -2.3% | +1.3% | +2.7% | +0.1% | +0.0% | -0.5% |
| YoY Change | — | — | — | — | +22.6% | +21.0% | -9.6% | -2.3% | +0.6% | -0.9% | +0.1% | -3.4% | -4.3% | -4.2% | -2.6% | -5.1% | -1.9% | +1.7% | +4.1% | +2.3% |
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| U.S. & Canada | $4.64B | $4.64B | $4.63B | $4.63B | $4.64B | $4.64B | $4.64B | $4.64B |
| Property, Europe | $2.96B | $3.08B | $2.86B | $2.99B | $3.26B | $3.24B | $3.25B | $3.19B |
| Data Centers | $2.92B | $2.92B | $2.92B | $2.92B | $2.92B | $2.92B | $2.92B | $2.92B |
| Property, Latin America | $888.7M | $882.8M | $832.6M | $858.9M | $900.7M | $917.8M | $927.5M | $931M |
| Africa & APAC | — | — | $516.5M | $515.4M | $526.8M | $535.6M | $521.9M | $509.5M |
| Services | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $2M |
| Asia-Pacific | $561M | $6.6M | — | — | — | — | — | — |
| Property, Africa | $512.4M | $518.3M | — | — | — | — | — | — |
| Total | $12.48B | $12.05B | $11.77B | $11.92B | $12.25B | $12.26B | $12.26B | $12.19B |
Asia-Pacific, Network Development Services, Property, Africa were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Goodwill at Other Companies
Frequently Asked Questions
- What is American Tower's goodwill?
- American Tower (AMT) reported goodwill of $12.19B in Q1 2026.
- How has American Tower's goodwill changed year-over-year?
- American Tower's goodwill increased by 2.3% year-over-year, from $11.92B to $12.19B.
- What is the long-term trend for American Tower's goodwill?
- Over 5 years (2020 to 2025), American Tower's goodwill has grown at a 11.0% compound annual growth rate (CAGR), from $7.28B to $12.26B.
- What does goodwill mean?
- The value of intangible assets like brand and market position acquired through business purchases.