What is American Tower's SG&A?

American Tower (AMT) reported SG&A of $257.4M in Q1 2026.

How has American Tower's SG&A changed year-over-year?

American Tower's SG&A increased by 8.4% year-over-year, from $237.5M to $257.4M.

What is the long-term trend for American Tower's SG&A?

Over 4 years (2021 to 2025), American Tower's SG&A has grown at a 3.8% compound annual growth rate (CAGR), from $811.6M to $940.7M.

Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.

American Tower AMT SG&A

SG&A at other companies

SBA CommunicationsSBAC

$70.55M+6.5%

Crown CastleCCI

$90M-3.2%

EquipmentShare.com, Inc. EQPT

$286M+36.2%

TDS

Telephone and Data SystemsTDS

$102.71M-11.8%

Segments

By segment

See full

U.S. & Canada$38.3M-2.5%

Property, Latin America$30.1M+43.3%

Data Centers$24.5M+7.0%

Africa & APAC$18.7M-7.0%

Property, Europe$17.3M+9.5%

Services$5.3M-17.2%

Other financials

Income statement

See full

Revenue$2.7B+6.8%

Operating income$1.2B-1.2%

Net income$878.5M+76.2%

EPS (diluted)$1.84+76.9%

Balance sheet

See full

Cash & equivalents$1.6B-23.5%

Total debt$13.9B+34.7%

Total equity$3.5B-0.3%

Total assets$63.2B+1.9%

Cash flow

See full

Operating cash flow$1.4B+8.2%

CapEx$449.5M+35.8%

Free cash flow$951.1M-1.3%

Valuation

See full

Market cap$76.21B-26.1%

Enterprise value$88.54B-20.3%

P/E25.3×-52.3×

P/S7×-3.0×

Profitability

See full

Gross margin99.5%—

Operating margin44.7%-0.8pp

Net margin27.8%+9.6pp

FCF margin34.9%-2.3pp

Returns & leverage

See full

Return on equity85.3%+36.3pp

Debt / equity4×+1.0×

Current ratio0.3×-0.3×

Where this comes from

Reported directly by American Tower in its filing.

Tagged under the XBRL concept us-gaap:SellingGeneralAndAdministrativeExpense.

The official record: American Tower’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is American Tower's SG&A?: American Tower (AMT) reported SG&A of $257.4M in Q1 2026.
How has American Tower's SG&A changed year-over-year?: American Tower's SG&A increased by 8.4% year-over-year, from $237.5M to $257.4M.
What is the long-term trend for American Tower's SG&A?: Over 4 years (2021 to 2025), American Tower's SG&A has grown at a 3.8% compound annual growth rate (CAGR), from $811.6M to $940.7M.
What does SG&A mean?: Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.