American Tower annual return on equity
2008
2009
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2020
2021
2022
2023
2024
2025
American Tower Return on Equity (ROE) Growth & History (AMT)
American Tower's return on equity was 74.73% for fiscal 2025.
View full American Tower company overviewAmerican Tower annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 74.73% | +14.57 pp |
| 2024 | 2024-12-31 | 60.16% | +32.18 pp |
| 2023 | 2023-12-31 | 27.98% | −3.87 pp |
| 2022 | 2022-12-31 | 31.85% | −24.12 pp |
| 2021 | 2021-12-31 | 55.97% | +19.01 pp |
| 2020 | 2020-12-31 | 36.96% | +0.62 pp |
| 2019 | 2019-12-31 | 36.33% | +14.98 pp |
| 2018 | 2018-12-31 | 21.36% | +2.31 pp |
| 2017 | 2017-12-31 | 19.05% | +4.79 pp |
| 2016 | 2016-12-31 | 14.26% | +1.34 pp |
| 2015 | 2015-12-31 | 12.92% | −9.11 pp |
| 2014 | 2014-12-31 | 22.03% | +6.52 pp |
| 2013 | 2013-12-31 | 15.51% | −3.06 pp |
| 2012 | 2012-12-31 | 18.58% | +6.90 pp |
| 2011 | 2011-12-31 | 11.68% | +0.74 pp |
| 2010 | 2010-12-31 | 10.94% | +3.12 pp |
| 2009 | 2009-12-31 | 7.82% | −3.72 pp |
| 2008 | 2008-12-31 | 11.54% | — |
American Tower quarterly return on equity
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Q2.26
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 23.96% | +13.46 pp |
| Q1 2026 | 2026-03-31 | 24.49% | +10.07 pp |
| Q4 2025 | 2025-12-31 | 22.01% | −13.03 pp |
| Q3 2025 | 2025-09-30 | 23.81% | +44.63 pp |
| Q2 2025 | 2025-06-30 | 10.50% | −12.49 pp |
| Q1 2025 | 2025-03-31 | 14.42% | −7.94 pp |
| Q4 2024 | 2024-12-31 | 35.04% | +34.73 pp |
| Q3 2024 | 2024-09-30 | −20.82% | −32.72 pp |
| Q2 2024 | 2024-06-30 | 22.99% | +14.26 pp |
| Q1 2024 | 2024-03-31 | 22.36% | +16.62 pp |
| Q4 2023 | 2023-12-31 | 0.30% | +13.01 pp |
| Q3 2023 | 2023-09-30 | 11.90% | −0.78 pp |
| Q2 2023 | 2023-06-30 | 8.73% | −5.85 pp |
| Q1 2023 | 2023-03-31 | 5.74% | −7.89 pp |
| Q4 2022 | 2022-12-31 | −12.70% | −21.34 pp |
| Q3 2022 | 2022-09-30 | 12.68% | −0.27 pp |
| Q2 2022 | 2022-06-30 | 14.58% | −0.91 pp |
| Q1 2022 | 2022-03-31 | 13.63% | −2.54 pp |
| Q4 2021 | 2021-12-31 | 8.64% | −0.69 pp |
| Q3 2021 | 2021-09-30 | 12.95% | +0.32 pp |
| Q2 2021 | 2021-06-30 | 15.49% | +3.19 pp |
| Q1 2021 | 2021-03-31 | 16.17% | +6.62 pp |
| Q4 2020 | 2020-12-31 | 9.33% | −1.60 pp |
| Q3 2020 | 2020-09-30 | 12.63% | +3.33 pp |
| Q2 2020 | 2020-06-30 | 12.30% | +4.37 pp |
| Q1 2020 | 2020-03-31 | 9.55% | +2.11 pp |
| Q4 2019 | 2019-12-31 | 10.93% | +5.74 pp |
| Q3 2019 | 2019-09-30 | 9.30% | +2.57 pp |
| Q2 2019 | 2019-06-30 | 7.93% | +2.77 pp |
| Q1 2019 | 2019-03-31 | 7.44% | +2.90 pp |
| Q4 2018 | 2018-12-31 | 5.20% | +1.46 pp |
| Q3 2018 | 2018-09-30 | 6.73% | +1.85 pp |
| Q2 2018 | 2018-06-30 | 5.16% | −0.34 pp |
| Q1 2018 | 2018-03-31 | 4.54% | −0.11 pp |
| Q4 2017 | 2017-12-31 | 3.74% | +0.34 pp |
| Q3 2017 | 2017-09-30 | 4.88% | +0.96 pp |
| Q2 2017 | 2017-06-30 | 5.50% | +2.77 pp |
| Q1 2017 | 2017-03-31 | 4.64% | +0.59 pp |
| Q4 2016 | 2016-12-31 | 3.40% | −0.10 pp |
| Q3 2016 | 2016-09-30 | 3.92% | +2.45 pp |
| Q2 2016 | 2016-06-30 | 2.74% | +0.61 pp |
| Q1 2016 | 2016-03-31 | 4.05% | +0.63 pp |
| Q4 2015 | 2015-12-31 | 3.51% | −0.92 pp |
| Q3 2015 | 2015-09-30 | 1.48% | −3.35 pp |
| Q2 2015 | 2015-06-30 | 2.13% | −3.68 pp |
| Q1 2015 | 2015-03-31 | 3.42% | −2.20 pp |
| Q4 2014 | 2014-12-31 | 4.43% | +1.60 pp |
| Q3 2014 | 2014-09-30 | 4.83% | −0.28 pp |
| Q2 2014 | 2014-06-30 | 5.80% | +3.03 pp |
| Q1 2014 | 2014-03-31 | 5.62% | +0.89 pp |
| Q4 2013 | 2013-12-31 | 2.83% | −0.97 pp |
| Q3 2013 | 2013-09-30 | 5.11% | −1.60 pp |
| Q2 2013 | 2013-06-30 | 2.78% | +1.37 pp |
| Q1 2013 | 2013-03-31 | 4.73% | −1.81 pp |
| Q4 2012 | 2012-12-31 | 3.81% | −2.46 pp |
| Q3 2012 | 2012-09-30 | 6.71% | +7.17 pp |
| Q2 2012 | 2012-06-30 | 1.41% | −1.85 pp |
| Q1 2012 | 2012-03-31 | 6.54% | +3.92 pp |
| Q4 2011 | 2011-12-31 | 6.26% | +3.86 pp |
| Q3 2011 | 2011-09-30 | −0.46% | −3.18 pp |
| Q2 2011 | 2011-06-30 | 3.26% | +0.37 pp |
| Q1 2011 | 2011-03-31 | 2.62% | −0.22 pp |
| Q4 2010 | 2010-12-31 | 2.40% | +0.44 pp |
| Q3 2010 | 2010-09-30 | 2.72% | +0.59 pp |
| Q2 2010 | 2010-06-30 | 2.90% | +1.04 pp |
| Q1 2010 | 2010-03-31 | 2.85% | — |
| Q4 2009 | 2009-12-31 | 1.97% | — |
| Q3 2009 | 2009-09-30 | 2.13% | — |
| Q2 2009 | 2009-06-30 | 1.85% | — |
American Tower return on equity trends
Over the last five fiscal years, American Tower's return on equity increased from 36.96% to 74.73%, a change of +37.77 percentage points. The latest reported quarter, Q2 2026, shows 23.96%.
About the metric
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
Calculation and source
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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