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American Tower Corporation (AMT)
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American Tower Corporation (AMT) EBITDA Margin: 57.52%

Is American Tower Corporation’s EBITDA margin high or low?

American Tower Corporation's EBITDA margin of 57.52% is in line with its 5-year average of 62.79%, near the low end of its 5-year range (55.92%–70.64%).

The EBITDA margin for American Tower Corporation (AMT) is 57.52% as of Wednesday, June 10, 2026. It is below its 12-month average by 10.24% (64.08%).

AMT EBITDA Margin Chart

AMT EBITDA Margin
57.52%-18.57% 1Y
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AMT Average EBITDA Margin Chart

AMT Current vs Average EBITDA Margin Chart

AMT EBITDA Margin Metrics

EBITDA MARGIN

57.52%

EBITDA MARGIN AVG TTM

64.08%

EBITDA MARGIN AVG 3Y

64.08%

EBITDA MARGIN AVG 5Y

62.79%

EBITDA MARGIN AVG 10Y

60.19%

EBITDA MARGIN AVG 15Y

59.77%

EBITDA MARGIN AVG 20Y

60.76%

CURRENT VS TTM AVG

-10.24%

CURRENT VS 3Y AVG

-10.24%

CURRENT VS 5Y AVG

-8.39%

CURRENT VS 10Y AVG

-4.44%

CURRENT VS 15Y AVG

-3.76%

CURRENT VS 20Y AVG

-5.34%

AMT Competitors' EBITDA Margin

NAMEMARKET CAPEBITDA MARGINTTM3Y5Y
American Tower Corporation (AMT)57.52%64.08%64.08%62.79%
Equinix, Inc. (EQIX)$102.40B43.97%41.65%41.17%40.50%
Simon Property Group, Inc. (SPG)$69.02B123.46%103.80%95.17%91.58%
Digital Realty Trust, Inc. (DLR)$63.53B58.69%55.16%54.19%58.65%
Realty Income Corporation (O)$57.93B61.76%71.93%80.32%82.35%
Public Storage (PSA)$56.87B67.29%70.98%86.30%82.34%
Prologis, Inc. (PLD)$135.93B81.90%86.87%88.16%90.36%
Crown Castle Inc. (CCI)$40.76B64.88%22.99%40.76%45.81%
Welltower Inc. (WELL)$149.22B21.66%28.52%32.35%33.20%
Agree Realty Corporation (ADC)$9.07B85.89%86.97%87.53%87.34%

Margin Comparison

Gross Margin

73.4%

EBITDA Margin

57.5%

Operating Margin

44.2%

Net Margin

26.6%

Formula: EBITDA Margin = (EBITDA / Revenue) × 100

Why EBITDA Margin matters:

  • Removes effects of depreciation policies (D&A)
  • Capital structure neutral (ignores interest)
  • Tax neutral (ignores tax differences)
  • Good proxy for operating cash generation

American Tower Corporation EBITDA Margin Formula & Definition

EBITDA Margin = EBITDA / Revenue

EBITDA margin measures operating profitability before interest, taxes, depreciation, and amortization as a percentage of revenue.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

American Tower Corporation EBITDA Margin FAQ

What is the EBITDA margin for American Tower Corporation (AMT)?
The EBITDA margin for AMT stock is 57.52%.
Is American Tower Corporation's EBITDA margin high or low?
American Tower Corporation's EBITDA margin of 57.52% is in line with its 5-year average of 62.79%, near the low end of its 5-year range (55.92%–70.64%).
What is the TTM average EBITDA margin for American Tower Corporation (AMT)?
The TTM average EBITDA margin for AMT stock is 64.08%.
What is the 3Y average EBITDA margin for American Tower Corporation (AMT)?
The 3Y average EBITDA margin for AMT stock is 64.08%.
What is the 5Y average EBITDA margin for American Tower Corporation (AMT)?
The 5Y average EBITDA margin for AMT stock is 62.79%.
What is the 10Y average EBITDA margin for American Tower Corporation (AMT)?
The 10Y average EBITDA margin for AMT stock is 60.19%.
What is the 15Y average EBITDA margin for American Tower Corporation (AMT)?
The 15Y average EBITDA margin for AMT stock is 59.77%.
What is the 20Y average EBITDA margin for American Tower Corporation (AMT)?
The 20Y average EBITDA margin for AMT stock is 60.76%.

American Tower Corporation EBITDA Margin History

DATEEBITDA MARGIN
2025-12-3157.52%
2024-12-3170.64%
2023-12-3159.97%
2022-12-3168.19%
2021-12-3164.48%
2020-12-3155.92%
2019-12-3159.48%
2018-12-3154.99%
2017-12-3155.85%
2016-12-3158.24%
2015-12-3156.84%
2014-12-3159.79%
2013-12-3153.60%
2012-12-3160.80%
2011-12-3156.30%
2010-12-3163.68%
2009-12-3162.98%
2008-12-3164.69%
2007-12-3162.41%
2006-12-3162.57%
2005-12-3167.09%
2004-12-3166.80%
2003-12-3156.41%
2002-12-3124.40%
2001-12-3122.60%
2000-12-3126.07%
1999-12-3137.04%
1998-12-3124.93%
1997-12-3142.53%

About American Tower Corporation

American Tower Corporation, a prominent global Real Estate Investment Trust (REIT), stands as a premier independent entity specializing in the ownership, operation, and development of shared telecommunications infrastructure. The company manages an extensive portfolio of approximately 219,000 communication sites worldwide. For additional details, including earnings materials and investor presentations, please visit their investor relations website at www.americantower.com.

Boston, MA
4,691 employees
Real Estate / REIT - Specialty
Sector
Real Estate
Industry
REIT - Specialty
CEO
Steven O. Vondran