Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the EBITDA margin high or low?
The EBITDA margin of 65.21% is in line with its 5-year average of 61.23%, near the high end of its 5-year range (37.22%–68.15%).
2.22% above its 12-month average of 63.79%.
Reported quarterly EBITDA margin; no daily interpolation.
EBITDA MARGIN
65.21%
EBITDA MARGIN AVG TTM
63.79%
EBITDA MARGIN AVG 3Y
63.91%
EBITDA MARGIN AVG 5Y
61.23%
EBITDA MARGIN AVG 10Y
60.04%
EBITDA MARGIN AVG 15Y
60.27%
EBITDA MARGIN AVG 20Y
61.02%
CURRENT VS TTM AVG
+2.22%
CURRENT VS 3Y AVG
+2.03%
CURRENT VS 5Y AVG
+6.50%
CURRENT VS 10Y AVG
+8.61%
CURRENT VS 15Y AVG
+8.20%
CURRENT VS 20Y AVG
+6.87%
American Tower Corporation
Market Cap
$81.88B
EBITDA Margin
65.21%
TTM Avg
63.79%
3Y Avg
63.91%
5Y Avg
61.23%
Market Cap
$70.11B
EBITDA Margin
41.77%
TTM Avg
41.08%
3Y Avg
42.22%
5Y Avg
44.57%
Market Cap
$68.71B
EBITDA Margin
73.19%
TTM Avg
73.92%
3Y Avg
73.56%
5Y Avg
73.26%
Market Cap
$56.90B
EBITDA Margin
71.30%
TTM Avg
80.39%
3Y Avg
84.64%
5Y Avg
86.11%
| NAME | MARKET CAP | EBITDA MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| American Tower Corporation (AMT) | $81.88B | 65.21% | 63.79% | 63.91% | 61.23% |
| Digital Realty Trust, Inc. (DLR)vs › | $70.11B | 41.77% | 41.08% | 42.22% | 44.57% |
| Simon Property Group, Inc. (SPG)vs › | $68.71B | 73.19% | 73.92% | 73.56% | 73.26% |
| Equinix, Inc. (EQIX)vs › | $102.74B | 42.27% | 40.21% | 40.26% | 40.66% |
| Realty Income Corporation (O)vs › | $56.90B | 71.30% | 80.39% | 84.64% | 86.11% |
| Public Storage (PSA)vs › | $56.24B | 70.61% | 70.78% | 71.87% | 70.95% |
| Ventas, Inc. (VTR)vs › | $43.71B | 37.81% | 38.85% | 39.86% | 41.26% |
| CBRE Group, Inc. (CBRE)vs › | $41.19B | 5.08% | 5.50% | 5.85% | 6.21% |
| Prologis, Inc. (PLD)vs › | $129.22B | 70.10% | 77.70% | 80.25% | 84.08% |
| Iron Mountain Incorporated (IRM)vs › | $34.54B | 35.21% | 33.34% | 33.29% | 34.40% |
Gross Margin
73.2%
EBITDA Margin
65.2%
Operating Margin
44.4%
Net Margin
30.9%
Formula: EBITDA Margin = (EBITDA / Revenue) × 100
Why EBITDA Margin matters:
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
| DATE | EBITDA MARGIN |
|---|---|
| 2026-06-30 | 64.86% |
| 2026-03-31 | 61.25% |
| 2025-12-31 | 61.93% |
| 2025-09-30 | 65.91% |
| 2025-06-30 | 65.02% |
| 2025-03-31 | 68.15% |
| 2024-12-31 | 62.06% |
| 2024-09-30 | 65.50% |
| 2024-06-30 | 63.65% |
| 2024-03-31 | 63.02% |
| 2023-12-31 | 53.17% |
| 2023-09-30 | 66.47% |
| 2023-06-30 | 59.11% |
| 2023-03-31 | 56.73% |
| 2022-12-31 | 37.22% |
| 2022-09-30 | 58.06% |
| 2022-06-30 | 60.16% |
| 2022-03-31 | 57.92% |
| 2021-12-31 | 51.96% |
| 2021-09-30 | 58.63% |
| 2021-06-30 | 61.07% |
| 2021-03-31 | 62.60% |
| 2020-12-31 | 54.43% |
| 2020-09-30 | 62.55% |
| 2020-06-30 | 59.92% |
| 2020-03-31 | 60.66% |
| 2019-12-31 | 34.88% |
| 2019-09-30 | 60.54% |
| 2019-06-30 | 60.97% |
| 2019-03-31 | 59.12% |
| 2018-12-31 | 54.17% |
| 2018-09-30 | 56.91% |
| 2018-06-30 | 55.91% |
| 2018-03-31 | 48.75% |
| 2017-12-31 | 46.64% |
| 2017-09-30 | 59.11% |
| 2017-06-30 | 58.55% |
| 2017-03-31 | 58.93% |
| 2016-12-31 | 57.00% |
| 2016-09-30 | 57.90% |
| 2016-06-30 | 57.59% |
| 2016-03-31 | 61.56% |
| 2015-12-31 | 58.94% |
| 2015-09-30 | 59.94% |
| 2015-06-30 | 61.15% |
| 2015-03-31 | 63.33% |
| 2014-12-31 | 58.25% |
| 2014-09-30 | 61.06% |
| 2014-06-30 | 62.82% |
| 2014-03-31 | 60.91% |
| 2013-12-31 | 57.09% |
| 2013-09-30 | 61.12% |
| 2013-06-30 | 61.50% |
| 2013-03-31 | 60.48% |
| 2012-12-31 | 59.57% |
| 2012-09-30 | 61.63% |
| 2012-06-30 | 63.43% |
| 2012-03-31 | 60.89% |
| 2011-12-31 | 59.91% |
| 2011-09-30 | 58.76% |
| 2011-06-30 | 61.01% |
| 2011-03-31 | 62.12% |
| 2010-12-31 | 59.81% |
| 2010-09-30 | 64.04% |
| 2010-06-30 | 63.65% |
| 2010-03-31 | 63.75% |
| 2009-12-31 | 63.22% |
| 2009-09-30 | 64.09% |
| 2009-06-30 | 63.52% |
| 2009-03-31 | 61.21% |
| 2008-12-31 | 65.66% |
| 2008-09-30 | 63.22% |
| 2008-06-30 | 64.64% |
| 2008-03-31 | 63.30% |
| 2007-12-31 | 60.85% |
| 2007-09-30 | 62.56% |
| 2007-06-30 | 62.76% |
| 2007-03-31 | 61.37% |
| 2006-12-31 | 61.19% |
| 2006-09-30 | 60.98% |
| 2006-06-30 | 62.48% |
| 2006-03-31 | 63.14% |
| 2005-12-31 | 62.59% |
| 2005-09-30 | 61.28% |
| 2005-06-30 | 62.44% |
| 2005-03-31 | 60.87% |
| 2004-12-31 | 74.62% |
| 2004-09-30 | 53.32% |
| 2004-06-30 | 54.28% |
| 2004-03-31 | 55.39% |
| 2003-12-31 | 46.43% |
| 2003-09-30 | 48.00% |
| 2003-06-30 | 47.47% |
| 2003-03-31 | 45.89% |
| 2002-12-31 | 2425.82% |
| 2002-09-30 | -77.65% |
