What is the current annual operating margin of AMT?

As of today, AMT annual operating margin is 45.52%

What is 1-year change in AMT annual operating margin?

AMT annual operating margin is down -1.13% year-over-year

What is 3-year change in AMT annual operating margin?

AMT annual operating margin is up +56.91% over the past 3 years

How far is AMT annual operating margin from its all-time high?

AMT annual operating margin is currently -1.13% below its historical high of 46.04% set on December 31, 2024

How does AMT annual operating margin rank versus sector peers?

AMT annual operating margin is higher than 77.95% of companies in Real Estate sector

When is AMT next annual earnings release?

The next annual earnings release for AMT is on February 23, 2027

What is the current quarterly operating margin of AMT?

As of today, AMT quarterly operating margin is 42.99%

What is AMT quarterly operating margin most recent change?

AMT quarterly operating margin was down -7.73% on September 30, 2026

What is 1-year change in AMT quarterly operating margin?

AMT quarterly operating margin is down -6.11% year-over-year

How far is AMT quarterly operating margin from its all-time high?

AMT quarterly operating margin is currently -13.69% below its historical high of 49.81% set on June 30, 2025

How does AMT quarterly operating margin rank versus sector peers?

AMT quarterly operating margin is higher than 81.71% of companies in Real Estate sector

When is AMT next earnings release?

The next earnings release for AMT is on February 23, 2027

AMT Operating Margin History & Chart Since 1997

Annual Operating Margin

45.52%0.52%-1.13%

December 31, 2025

Summary

Current Value: As of today, AMT annual operating margin is 45.52%, down -1.13% on December 31, 2025
Historical Performance: AMT annual operating margin is up +56.91% over the past 3 years, up +17.59% over the past 5 years
All-Time High Comparison: AMT annual operating margin is currently -1.13% below its historical high of 46.04% set on December 31, 2024
3-Year Low Comparison: AMT annual operating margin is +56.91% above its 3-year low of 29.01% reached on an earlier date
Sector Comparison: AMT annual operating margin is higher than 77.95% of companies in Real Estate sector

Operating Margin Chart

beforeafter

Performance

AMT Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Operating Margin	Dec 31, 25	45.52%	-1.1%	+56.9%	+17.6%	+14.4%
Quarterly Operating Margin	Sep 30, 26	42.99%	-6.1%	+19.6%	+24.2%	+16.6%
Price	Nov 12, 26	$189.79	+4.8%	+3.4%	-30.3%	+226.2%
PE Ratio	Nov 12, 26	26.74	-7.4%	-77.8%	-46.0%	-68.4%
Annual Revenue	Dec 31, 25	$10.64B	+5.1%	-0.6%	+32.4%	+441.1%
Annual Operating Profit	Dec 31, 25	$4.85B	+3.9%	+56.0%	+55.7%	+519.0%
Annual Gross Margin	Dec 31, 25	55.00%	+0.8%	+43.9%	+12.4%	+4.9%
Annual Net Margin	Dec 31, 25	24.69%	-23.3%	+55.9%	+17.4%	+30.0%

Operating Margin Highs

AMT Annual Operating Margin Highs Comparison
Period	High	Date	Current
3Y	46.04%	Dec 31, 24	-1.1%
5Y	46.04%	Dec 31, 24	-1.1%
All	46.04%	Dec 31, 24	-1.1%

Operating Margin Lows

AMT Annual Operating Margin Lows Comparison
Period	Low	Date	Current
3Y	29.01%	N/A	+56.9%
5Y	29.01%	Dec 31, 22	+56.9%
All	-27.18%	Dec 31, 98	+267.5%

Operating Margin History

Year	Value	Change
2025	45.52%	-1.1%
2024	46.04%	+29.3%
2023	35.60%	+22.7%
2022	29.01%	-23.4%
2021	37.88%	-2.1%
2020	38.71%	+3.0%
2019	37.60%	+16.0%
2018	32.42%	-2.4%
2017	33.22%	+5.1%
2016	31.60%	-10.2%
2015	35.19%	-7.2%
2014	37.94%	-0.0%
2013	37.95%	-6.9%
2012	40.77%	+3.3%
2011	39.46%	-0.9%

Year	Value	Change
2010	39.80%	+0.7%
2009	39.52%	+2.1%
2008	38.70%	+46.5%
2007	26.41%	+19.8%
2006	22.05%	+15.5%
2005	19.09%	+44.1%
2004	13.25%	+188.7%
2003	4.59%	+176.5%
2002	-6.00%	+71.8%
2001	-21.27%	-53.9%
2000	-13.82%	+9.6%
1999	-15.29%	+43.7%
1998	-27.18%	-609.9%
1997	5.33%	-

FAQ

What is the current annual operating margin of AMT?: As of today, AMT annual operating margin is 45.52%
What is 1-year change in AMT annual operating margin?: AMT annual operating margin is down -1.13% year-over-year
What is 3-year change in AMT annual operating margin?: AMT annual operating margin is up +56.91% over the past 3 years
How far is AMT annual operating margin from its all-time high?: AMT annual operating margin is currently -1.13% below its historical high of 46.04% set on December 31, 2024
How does AMT annual operating margin rank versus sector peers?: AMT annual operating margin is higher than 77.95% of companies in Real Estate sector
When is AMT next annual earnings release?: The next annual earnings release for AMT is on February 23, 2027

Operating Margin Formula

Operating Profit Margin = Operating Income

Revenue × 100%

Quarterly Operating Margin

42.99%3.60%-7.73%

September 30, 2026

Summary

Current Value: As of today, AMT quarterly operating margin is 42.99%, down -7.73% on September 30, 2026
Historical Performance: AMT quarterly operating margin is down -6.11% year-over-year, up +19.58% over the past 3 years
All-Time High Comparison: AMT quarterly operating margin is currently -13.69% below its historical high of 49.81% set on June 30, 2025
3-Year Low Comparison: AMT quarterly operating margin is +42.30% above its 3-year low of 30.21% reached on December 31, 2023
Sector Comparison: AMT quarterly operating margin is higher than 81.71% of companies in Real Estate sector

Performance

AMT Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Operating Margin	Sep 30, 26	42.99%	-7.7%	-6.1%	+19.6%	+24.2%
Annual Operating Margin	Dec 31, 25	45.52%	–	-1.1%	+56.9%	+17.6%
Price	Nov 12, 26	$189.79	+9.0%	+4.8%	+3.4%	-30.3%
PE Ratio	Nov 12, 26	26.74	+11.7%	-7.4%	-77.8%	-46.0%
Quarterly Revenue	Sep 30, 26	$2.79B	+1.3%	+2.5%	+10.5%	+13.5%
Quarterly Operating Profit	Sep 30, 26	$1.20B	-6.5%	-3.8%	+32.1%	+40.9%
Quarterly Gross Margin	Sep 30, 26	54.18%	-0.3%	-0.8%	+17.8%	+18.9%
Quarterly Net Margin	Sep 30, 26	28.03%	-13.2%	-16.5%	-8.8%	-5.3%

Quarterly Operating Margin Highs

AMT Quarterly Operating Margin Highs Comparison
Period	High	Date	Current
1Y	46.59%	Jun 30, 26	-7.7%
3Y	49.81%	Jun 30, 25	-13.7%
5Y	49.81%	Jun 30, 25	-13.7%
All	49.81%	Jun 30, 25	-13.7%

Quarterly Operating Margin Lows

AMT Quarterly Operating Margin Lows Comparison
Period	Low	Date	Current
1Y	42.11%	Dec 31, 25	+2.1%
3Y	30.21%	Dec 31, 23	+42.3%
5Y	26.21%	Sep 30, 22	+64.0%
All	-1,925.61%	Dec 31, 01	+102.2%

Quarterly Operating Margin History

Month	Value	Change
Sep 2026	42.99%	-7.7%
Jun 2026	46.59%	+0.9%
Mar 2026	46.16%	+9.6%
Dec 2025	42.11%	-8.0%
Sep 2025	45.79%	-8.1%
Jun 2025	49.81%	+1.2%
Mar 2025	49.23%	+22.1%
Dec 2024	40.33%	-16.0%
Sep 2024	48.04%	+2.1%
Jun 2024	47.04%	+4.9%
Mar 2024	44.83%	+48.4%
Dec 2023	30.21%	-16.0%
Sep 2023	35.95%	+9.2%
Jun 2023	32.91%	+16.1%
Mar 2023	28.35%	-13.0%
Dec 2022	32.58%	+24.3%
Sep 2022	26.21%	-15.0%
Jun 2022	30.83%	+9.3%
Mar 2022	28.20%	-2.3%
Dec 2021	28.86%	-16.6%
Sep 2021	34.62%	-13.2%
Jun 2021	39.88%	-2.2%
Mar 2021	40.79%	-0.1%
Dec 2020	40.83%	+4.2%
Sep 2020	39.18%	+2.9%
Jun 2020	38.09%	+0.6%
Mar 2020	37.87%	-1.8%
Dec 2019	38.56%	+0.6%
Sep 2019	38.32%	+3.0%
Jun 2019	37.19%	+5.5%
Mar 2019	35.24%	+22.7%
Dec 2018	28.73%	-11.3%
Sep 2018	32.40%	-1.2%
Jun 2018	32.80%	+3.5%
Mar 2018	31.70%	+62.1%
Dec 2017	19.55%	-42.2%
Sep 2017	33.81%	-3.6%
Jun 2017	35.08%	+4.7%
Mar 2017	33.51%	+15.3%
Dec 2016	29.06%	-8.7%
Sep 2016	31.82%	+3.9%
Jun 2016	30.63%	-13.4%
Mar 2016	35.38%	+5.8%
Dec 2015	33.43%	-0.7%
Sep 2015	33.65%	-3.0%
Jun 2015	34.68%	-12.5%
Mar 2015	39.64%	+9.9%
Dec 2014	36.07%	+47.5%
Sep 2014	24.45%	-6.3%
Jun 2014	26.09%	+15.4%
Mar 2014	22.61%	-32.5%
Dec 2013	33.50%	+27.8%
Sep 2013	26.22%	-3.4%
Jun 2013	27.14%	+19.4%
Mar 2013	22.73%	-41.4%
Dec 2012	38.76%	+43.6%
Sep 2012	27.00%	+10.9%
Jun 2012	24.35%	-12.7%

Month	Value	Change
Mar 2012	27.90%	-35.1%
Dec 2011	42.98%	+16.6%
Sep 2011	36.87%	+45.7%
Jun 2011	25.30%	-1.3%
Mar 2011	25.64%	-30.0%
Dec 2010	36.63%	+24.2%
Sep 2010	29.49%	+3.7%
Jun 2010	28.43%	+6.4%
Mar 2010	26.71%	-31.6%
Dec 2009	39.07%	+43.7%
Sep 2009	27.19%	+5.5%
Jun 2009	25.78%	+15.5%
Mar 2009	22.33%	-43.2%
Dec 2008	39.34%	+74.3%
Sep 2008	22.57%	-3.9%
Jun 2008	23.49%	+12.6%
Mar 2008	20.87%	-14.8%
Dec 2007	24.49%	+104.6%
Sep 2007	11.97%	+13.1%
Jun 2007	10.58%	+14.4%
Mar 2007	9.25%	-52.6%
Dec 2006	19.50%	+169.3%
Sep 2006	7.24%	+24.6%
Jun 2006	5.81%	-4.8%
Mar 2006	6.10%	-71.9%
Dec 2005	21.71%	+594.5%
Sep 2005	-4.39%	-124.2%
Jun 2005	18.14%	+1.2%
Mar 2005	17.92%	+72.6%
Dec 2004	10.38%	-35.3%
Sep 2004	16.04%	+49.3%
Jun 2004	10.74%	0.0%
Mar 2004	10.74%	-17.4%
Dec 2003	13.01%	+32.5%
Sep 2003	9.82%	+36.4%
Jun 2003	7.20%	+150.5%
Mar 2003	-14.27%	-611.5%
Dec 2002	2.79%	+162.7%
Sep 2002	-4.45%	+73.9%
Jun 2002	-17.06%	-192.1%
Mar 2002	-5.84%	+99.7%
Dec 2001	-1,925.61%	-9,334.6%
Sep 2001	-20.41%	+38.5%
Jun 2001	-33.19%	-99.2%
Mar 2001	-16.66%	-163.2%
Dec 2000	-6.33%	+36.7%
Sep 2000	-10.00%	+38.1%
Jun 2000	-16.15%	+21.6%
Mar 2000	-20.61%	-88.9%
Dec 1999	-10.91%	+28.7%
Sep 1999	-15.30%	+10.7%
Jun 1999	-17.14%	+21.6%
Mar 1999	-21.86%	+15.6%
Dec 1998	-25.89%	-52.4%
Sep 1998	-16.99%	+73.4%
Jun 1998	-63.90%	>-9,900.0%
Mar 1998	0.49%	+100.7%
Dec 1997	-72.51%	-

FAQ

What is the current quarterly operating margin of AMT?: As of today, AMT quarterly operating margin is 42.99%
What is AMT quarterly operating margin most recent change?: AMT quarterly operating margin was down -7.73% on September 30, 2026
What is 1-year change in AMT quarterly operating margin?: AMT quarterly operating margin is down -6.11% year-over-year
How far is AMT quarterly operating margin from its all-time high?: AMT quarterly operating margin is currently -13.69% below its historical high of 49.81% set on June 30, 2025
How does AMT quarterly operating margin rank versus sector peers?: AMT quarterly operating margin is higher than 81.71% of companies in Real Estate sector
When is AMT next earnings release?: The next earnings release for AMT is on February 23, 2027

Operating Margin Formula

Operating Profit Margin = Operating Income

Revenue × 100%

Data Sources & References

AMT Official Website www.americantower.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1053507/000105350726000035/0001053507-26-000035-index.htm
AMT Profile on Yahoo Finance finance.yahoo.com/quote/AMT
AMT Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/amt