American Tower Corporation (AMT) Operating Margin: 45.85%
Is American Tower Corporation’s operating margin high or low?
American Tower Corporation's operating margin of 45.85% is 25% above its 5-year average of 36.57%, near the high end of its 5-year range (28.39%–45.85%).
The operating margin for American Tower Corporation (AMT) is 45.85% as of Tuesday, June 9, 2026. It is above its 12-month average by 1.38% (45.23%).
AMT Operating Margin Chart
AMT Average Operating Margin Chart
AMT Current vs Average Operating Margin Chart
AMT Operating Margin Metrics
OPERATING MARGIN
45.85%
OPERATING MARGIN AVG TTM
45.23%
OPERATING MARGIN AVG 3Y
37.52%
OPERATING MARGIN AVG 5Y
36.57%
OPERATING MARGIN AVG 10Y
34.21%
OPERATING MARGIN AVG 15Y
35.30%
OPERATING MARGIN AVG 20Y
33.73%
CURRENT VS TTM AVG
+1.38%
CURRENT VS 3Y AVG
+22.22%
CURRENT VS 5Y AVG
+25.36%
CURRENT VS 10Y AVG
+34.02%
CURRENT VS 15Y AVG
+29.88%
CURRENT VS 20Y AVG
+35.92%
AMT Competitors' Operating Margin
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| American Tower Corporation (AMT) | — | 45.85% | 45.23% | 37.52% | 36.57% |
| Equinix, Inc. (EQIX) | $104.53B | 19.96% | 17.57% | 17.32% | 17.25% |
| Simon Property Group, Inc. (SPG) | $68.71B | 49.89% | 50.88% | 50.05% | 48.36% |
| Digital Realty Trust, Inc. (DLR) | $64.99B | 10.77% | 9.63% | 10.35% | 11.89% |
| Realty Income Corporation (O) | $57.12B | 28.30% | 36.16% | 38.42% | 41.26% |
| Public Storage (PSA) | $56.68B | 46.73% | 46.80% | 49.20% | 49.19% |
| Crown Castle Inc. (CCI) | $40.40B | 48.75% | 2.01% | 18.16% | 22.69% |
| Prologis, Inc. (PLD) | $137.54B | 40.23% | 47.03% | 49.58% | 52.24% |
| Welltower Inc. (WELL) | $145.96B | 3.33% | 8.96% | 11.34% | 12.91% |
| Agree Realty Corporation (ADC) | $8.95B | 47.38% | 48.18% | 48.61% | 50.68% |
Operating Efficiency
Gross Margin
73.7%
Operating Margin
45.9%
American Tower Corporation Operating Margin Formula & Definition
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
American Tower Corporation Operating Margin FAQ
- What is the operating margin for American Tower Corporation (AMT)?
- The operating margin for AMT stock is 45.85%.
- Is American Tower Corporation's operating margin high or low?
- American Tower Corporation's operating margin of 45.85% is 25% above its 5-year average of 36.57%, near the high end of its 5-year range (28.39%–45.85%).
- What is the TTM average operating margin for American Tower Corporation (AMT)?
- The TTM average operating margin for AMT stock is 45.23%.
- What is the 3Y average operating margin for American Tower Corporation (AMT)?
- The 3Y average operating margin for AMT stock is 37.52%.
- What is the 5Y average operating margin for American Tower Corporation (AMT)?
- The 5Y average operating margin for AMT stock is 36.57%.
- What is the 10Y average operating margin for American Tower Corporation (AMT)?
- The 10Y average operating margin for AMT stock is 34.21%.
- What is the 15Y average operating margin for American Tower Corporation (AMT)?
- The 15Y average operating margin for AMT stock is 35.30%.
- What is the 20Y average operating margin for American Tower Corporation (AMT)?
- The 20Y average operating margin for AMT stock is 33.73%.
American Tower Corporation Operating Margin History
| DATE | OPERATING MARGIN |
|---|---|
| 2025-12-31 | 45.85% |
| 2024-12-31 | 44.60% |
| 2023-12-31 | 31.22% |
| 2022-12-31 | 28.39% |
| 2021-12-31 | 33.47% |
| 2020-12-31 | 35.91% |
| 2019-12-31 | 35.47% |
| 2018-12-31 | 25.60% |
| 2017-12-31 | 29.99% |
| 2016-12-31 | 32.03% |
| 2015-12-31 | 33.80% |
| 2014-12-31 | 36.27% |
| 2013-12-31 | 36.12% |
| 2012-12-31 | 38.93% |
| 2011-12-31 | 37.66% |
| 2010-12-31 | 39.51% |
| 2009-12-31 | 38.99% |
| 2008-12-31 | 38.08% |
| 2007-12-31 | 25.98% |
| 2006-12-31 | 21.75% |
| 2005-12-31 | 18.78% |
| 2004-12-31 | 9.87% |
| 2003-12-31 | 4.40% |
| 2002-12-31 | -12.13% |
| 2001-12-31 | -16.69% |
| 2000-12-31 | -13.82% |
| 1999-12-31 | -15.91% |
| 1998-12-31 | -27.18% |
| 1997-12-31 | 5.33% |