American Tower annual gross margin
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2025
American Tower Gross Margin Growth & History (AMT)
American Tower's gross margin was 843.73% for fiscal 2025.
View full American Tower company overviewAmerican Tower annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 843.73% | −131.32 pp |
| 2024 | 2024-12-31 | 975.06% | −21.96 pp |
| 2023 | 2023-12-31 | 997.02% | +155.31 pp |
| 2022 | 2022-12-31 | 841.70% | — |
| 2019 | 2019-12-31 | 91.82% | +1.82 pp |
| 2018 | 2018-12-31 | 90.01% | −9.47 pp |
| 2017 | 2017-12-31 | 99.48% | −0.04 pp |
| 2016 | 2016-12-31 | 99.52% | +0.22 pp |
| 2015 | 2015-12-31 | 99.30% | +0.23 pp |
| 2014 | 2014-12-31 | 99.07% | −0.00 pp |
| 2013 | 2013-12-31 | 99.07% | +0.32 pp |
| 2012 | 2012-12-31 | 98.76% | +0.01 pp |
| 2011 | 2011-12-31 | 98.74% | +0.10 pp |
| 2010 | 2010-12-31 | 98.64% | +0.52 pp |
| 2009 | 2009-12-31 | 98.12% | −0.19 pp |
| 2008 | 2008-12-31 | 98.32% | −0.57 pp |
| 2007 | 2007-12-31 | 98.89% | — |
American Tower quarterly gross margin
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Q3.08
Q1.09
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Q3.09
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Q3.10
Q4.10
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Q1.12
Q2.12
Q3.12
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Q1.13
Q2.13
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Q1.18
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Q1.19
Q2.19
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Q1.20
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 73.03% | −722.29 pp |
| Q1 2026 | 2026-03-31 | 941.32% | +88.09 pp |
| Q4 2025 | 2025-12-31 | 920.56% | — |
| Q3 2025 | 2025-09-30 | 814.37% | — |
| Q2 2025 | 2025-06-30 | 795.32% | — |
| Q1 2025 | 2025-03-31 | 853.23% | — |
| Q1 2020 | 2020-03-31 | 93.31% | +1.61 pp |
| Q4 2019 | 2019-12-31 | 6.11% | +154.48 pp |
| Q3 2019 | 2019-09-30 | 91.33% | +2.49 pp |
| Q2 2019 | 2019-06-30 | 90.09% | −9.17 pp |
| Q1 2019 | 2019-03-31 | 91.69% | −7.59 pp |
| Q4 2018 | 2018-12-31 | −148.37% | −247.82 pp |
| Q3 2018 | 2018-09-30 | 88.84% | −10.64 pp |
| Q2 2018 | 2018-06-30 | 99.26% | −0.13 pp |
| Q1 2018 | 2018-03-31 | 99.28% | −0.32 pp |
| Q4 2017 | 2017-12-31 | 99.44% | −0.20 pp |
| Q3 2017 | 2017-09-30 | 99.49% | −0.14 pp |
| Q2 2017 | 2017-06-30 | 99.40% | −0.11 pp |
| Q1 2017 | 2017-03-31 | 99.60% | +0.31 pp |
| Q4 2016 | 2016-12-31 | 99.64% | +0.47 pp |
| Q3 2016 | 2016-09-30 | 99.62% | +0.37 pp |
| Q2 2016 | 2016-06-30 | 99.50% | +0.20 pp |
| Q1 2016 | 2016-03-31 | 99.29% | −0.21 pp |
| Q4 2015 | 2015-12-31 | 99.17% | −0.14 pp |
| Q3 2015 | 2015-09-30 | 99.25% | +0.39 pp |
| Q2 2015 | 2015-06-30 | 99.30% | +0.19 pp |
| Q1 2015 | 2015-03-31 | 99.50% | +0.51 pp |
| Q4 2014 | 2014-12-31 | 99.31% | +0.19 pp |
| Q3 2014 | 2014-09-30 | 98.86% | −0.54 pp |
| Q2 2014 | 2014-06-30 | 99.12% | +0.04 pp |
| Q1 2014 | 2014-03-31 | 98.99% | +0.29 pp |
| Q4 2013 | 2013-12-31 | 99.12% | +0.90 pp |
| Q3 2013 | 2013-09-30 | 99.40% | +0.46 pp |
| Q2 2013 | 2013-06-30 | 99.07% | +0.12 pp |
| Q1 2013 | 2013-03-31 | 98.70% | −0.26 pp |
| Q4 2012 | 2012-12-31 | 98.22% | −0.58 pp |
| Q3 2012 | 2012-09-30 | 98.94% | +0.31 pp |
| Q2 2012 | 2012-06-30 | 98.95% | +0.08 pp |
| Q1 2012 | 2012-03-31 | 98.96% | +0.28 pp |
| Q4 2011 | 2011-12-31 | 98.81% | +0.07 pp |
| Q3 2011 | 2011-09-30 | 98.63% | +0.10 pp |
| Q2 2011 | 2011-06-30 | 98.87% | +0.24 pp |
| Q1 2011 | 2011-03-31 | 98.67% | +0.00 pp |
| Q4 2010 | 2010-12-31 | 98.74% | +0.32 pp |
| Q3 2010 | 2010-09-30 | 98.52% | +0.20 pp |
| Q2 2010 | 2010-06-30 | 98.63% | +1.05 pp |
| Q1 2010 | 2010-03-31 | 98.67% | +0.53 pp |
| Q4 2009 | 2009-12-31 | 98.42% | — |
| Q3 2009 | 2009-09-30 | 98.32% | +0.80 pp |
| Q2 2009 | 2009-06-30 | 97.58% | −1.17 pp |
| Q1 2009 | 2009-03-31 | 98.14% | — |
| Q3 2008 | 2008-09-30 | 97.52% | — |
| Q2 2008 | 2008-06-30 | 98.75% | — |
American Tower gross margin trends
Between the periods ended 2007-12-31 and 2025-12-31, American Tower's gross margin increased from 98.89% to 843.73%, a change of +744.84 percentage points. The latest reported quarter, Q2 2026, shows 73.03%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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