American Tower (AMT) Revenue & Revenue Breakdown
American Tower Revenue Highlights
Latest Revenue (Y)
$11.14B
Latest Revenue (Q)
$2.90B
Main Segment (Y)
Non-Lease Property Revenue
Main Geography (Y)
Property, US And Canada
American Tower Revenue by Period
American Tower Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $11.14B | 4.04% |
| 2022-12-31 | $10.71B | 14.47% |
| 2021-12-31 | $9.36B | 16.36% |
| 2020-12-31 | $8.04B | 6.08% |
| 2019-12-31 | $7.58B | 1.88% |
| 2018-12-31 | $7.44B | 11.65% |
| 2017-12-31 | $6.66B | 15.18% |
| 2016-12-31 | $5.79B | 21.25% |
| 2015-12-31 | $4.77B | 16.38% |
| 2014-12-31 | $4.10B | 21.97% |
| 2013-12-31 | $3.36B | 16.88% |
| 2012-12-31 | $2.88B | 17.70% |
| 2011-12-31 | $2.44B | 23.08% |
| 2010-12-31 | $1.99B | 15.15% |
| 2009-12-31 | $1.72B | 8.20% |
| 2008-12-31 | $1.59B | 9.40% |
| 2007-12-31 | $1.46B | 10.57% |
| 2006-12-31 | $1.32B | 39.44% |
| 2005-12-31 | $944.79M | 33.70% |
| 2004-12-31 | $706.66M | -1.19% |
| 2003-12-31 | $715.14M | -9.29% |
| 2002-12-31 | $788.42M | -30.49% |
| 2001-12-31 | $1.13B | 54.25% |
| 2000-12-31 | $735.27M | 184.90% |
| 1999-12-31 | $258.08M | 149.25% |
| 1998-12-31 | $103.54M | 491.39% |
| 1997-12-31 | $17.51M | - |
American Tower generated $11.14B in revenue during NA 2023, up 4.04% compared to the previous quarter, and up 149.79% compared to the same period a year ago.
American Tower Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $2.90B | 2.34% |
| 2024-03-31 | $2.83B | 1.70% |
| 2023-12-31 | $2.79B | -1.13% |
| 2023-09-30 | $2.82B | 1.69% |
| 2023-06-30 | $2.77B | 0.16% |
| 2023-03-31 | $2.77B | 2.30% |
| 2022-12-31 | $2.71B | 1.25% |
| 2022-09-30 | $2.67B | -0.10% |
| 2022-06-30 | $2.67B | 0.53% |
| 2022-03-31 | $2.66B | 8.80% |
| 2021-12-31 | $2.45B | -0.37% |
| 2021-09-30 | $2.45B | 6.76% |
| 2021-06-30 | $2.30B | 6.50% |
| 2021-03-31 | $2.16B | 1.70% |
| 2020-12-31 | $2.12B | 5.44% |
| 2020-09-30 | $2.01B | 5.22% |
| 2020-06-30 | $1.91B | -4.02% |
| 2020-03-31 | $1.99B | 3.61% |
| 2019-12-31 | $1.92B | -1.53% |
| 2019-09-30 | $1.95B | 3.39% |
| 2019-06-30 | $1.89B | 4.20% |
| 2019-03-31 | $1.81B | -14.94% |
| 2018-12-31 | $2.13B | 19.40% |
| 2018-09-30 | $1.79B | 0.26% |
| 2018-06-30 | $1.78B | 2.24% |
| 2018-03-31 | $1.74B | 2.19% |
| 2017-12-31 | $1.70B | 1.41% |
| 2017-09-30 | $1.68B | 1.10% |
| 2017-06-30 | $1.66B | 2.86% |
| 2017-03-31 | $1.62B | 4.98% |
| 2016-12-31 | $1.54B | 1.63% |
| 2016-09-30 | $1.51B | 5.04% |
| 2016-06-30 | $1.44B | 11.88% |
| 2016-03-31 | $1.29B | 0.70% |
| 2015-12-31 | $1.28B | 3.40% |
| 2015-09-30 | $1.24B | 5.41% |
| 2015-06-30 | $1.17B | 8.82% |
| 2015-03-31 | $1.08B | 3.14% |
| 2014-12-31 | $1.05B | 0.78% |
| 2014-09-30 | $1.04B | 0.65% |
| 2014-06-30 | $1.03B | 4.81% |
| 2014-03-31 | $984.09M | 4.47% |
| 2013-12-31 | $941.97M | 16.60% |
| 2013-09-30 | $807.88M | -0.12% |
| 2013-06-30 | $808.83M | 0.76% |
| 2013-03-31 | $802.73M | 4.47% |
| 2012-12-31 | $768.37M | 7.72% |
| 2012-09-30 | $713.34M | 2.24% |
| 2012-06-30 | $697.73M | 0.17% |
| 2012-03-31 | $696.52M | 6.63% |
| 2011-12-31 | $653.20M | 3.62% |
| 2011-09-30 | $630.40M | 5.55% |
| 2011-06-30 | $597.24M | 6.14% |
| 2011-03-31 | $562.70M | 2.75% |
| 2010-12-31 | $547.64M | 6.69% |
| 2010-09-30 | $513.32M | 9.23% |
| 2010-06-30 | $469.94M | 3.41% |
| 2010-03-31 | $454.43M | 1.44% |
| 2009-12-31 | $447.97M | 0.87% |
| 2009-09-30 | $444.11M | 4.90% |
| 2009-06-30 | $423.36M | 3.59% |
| 2009-03-31 | $408.68M | 0.09% |
| 2008-12-31 | $408.32M | -0.23% |
| 2008-09-30 | $409.27M | 3.95% |
| 2008-06-30 | $393.73M | - |
American Tower generated $2.90B in revenue during Q2 2024, up 2.34% compared to the previous quarter, and up 104.81% compared to the same period a year ago.
American Tower Revenue Breakdown
American Tower Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Services Revenue | $143.00M | $87.90M | - | - | - |
| Non-Lease Property Revenue | $613.70M | - | - | - | - |
| Property Revenue | - | $10.47B | $9.11B | $7.46B | - |
| Service | - | $241.10M | $247.30M | - | - |
American Tower's latest annual revenue breakdown by segment (product or service), as of Dec 23: Non-Lease Property Revenue (81.10%), and Services Revenue (18.90%).
Quarterly Revenue by Product
| Product/Service | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Services Revenue | $47.40M | $30.20M | $116.80M | $26.20M | $67.20M | $22.90M | $19.90M | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Property | $2.85B | $2.80B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Property, Latin America | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Property, Africa | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Property, Asia-Pacific | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Property, Data Centers | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Property, Europe | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Property, US And Canada | - | $30.20M | $21.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Non-Lease Property Revenue | - | - | $451.80M | $161.90M | $123.80M | $105.80M | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Service | - | - | - | - | $43.10M | $52.70M | $60.20M | $61.60M | $59.80M | $59.50M | $85.40M | $65.90M | $28.80M | $25.30M | $19.80M | - | - | - | - | - |
| Property Revenue | - | - | - | - | $2.73B | $2.71B | $2.64B | $2.61B | $2.61B | $2.60B | $2.37B | $2.23B | $2.13B | $1.99B | $1.89B | $1.97B | $1.91B | $1.92B | - | - |
American Tower's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Property (98.37%), and Services Revenue (1.63%).
American Tower Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Property, Latin America | $566.00M | $84.70M | $62.60M | - | - |
| Property, Europe | $299.50M | $315.10M | $183.30M | - | - |
| Property, Asia-Pacific | $704.20M | $5.30M | $300.00K | - | - |
| Property, Africa | $433.30M | $199.70M | $180.80M | - | - |
| Services Segment | $60.10M | - | - | - | - |
| Property, US And Canada | $849.90M | $5.25B | $5.17B | - | - |
| Asia Pacific Property Segment | - | - | - | $1.14B | - |
| Europe Property Segment | - | - | - | $200.00K | - |
| Latin America Property Segment | - | - | - | $46.60M | - |
| Africa Property Segment | - | - | - | $156.10M | - |
| Asia | - | - | - | - | $1.22B |
| Africa | - | - | - | - | $583.90M |
| Europe | - | - | - | - | $134.60M |
| Latin America | - | - | - | - | $1.34B |
| UNITED STATES | - | - | - | - | $4.30B |
| ARGENTINA | - | - | - | - | $17.30M |
| PARAGUAY | - | - | - | - | $12.60M |
| NIGERIA | - | - | - | - | $229.90M |
| NIGER | - | - | - | - | - |
| MEXICO | - | - | - | - | $515.30M |
| KENYA | - | - | - | - | $27.30M |
| INDIA | - | - | - | - | $1.22B |
| GHANA | - | - | - | - | $124.30M |
| GERMANY | - | - | - | - | $66.60M |
| FRANCE | - | - | - | - | $68.00M |
| COLOMBIA | - | - | - | - | $102.10M |
| CHILE | - | - | - | - | $43.30M |
| UGANDA | - | - | - | - | $73.30M |
| SOUTH AFRICA | - | - | - | - | $129.10M |
| PERU | - | - | - | - | $23.50M |
| BRAZIL | - | - | - | - | $605.50M |
American Tower's latest annual revenue breakdown by geography, as of Dec 23: Property, US And Canada (29.18%), Property, Asia-Pacific (24.17%), Property, Latin America (19.43%), Property, Africa (14.87%), Property, Europe (10.28%), and Services Segment (2.06%).
Quarterly Revenue by Country
| Country | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Property, US And Canada | $1.36B | $1.34B | - | $1.35B | $1.35B | $1.34B | $1.34B | $1.32B | $1.30B | $1.29B | $1.22B | $1.32B | $1.30B | - | - | - | - | - | - | - |
| Property, Europe | $203.20M | $204.50M | - | $200.40M | $198.20M | $191.70M | $174.40M | $184.00M | $178.80M | $198.50M | $188.00M | $175.80M | $87.80M | - | - | - | - | - | - | - |
| Property, Data Centers | $230.80M | $224.60M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Property, Asia-Pacific | $360.90M | $326.60M | - | $302.30M | $261.70M | $251.10M | $231.30M | $249.20M | $298.00M | $298.50M | $306.00M | $313.50M | $298.20M | - | - | - | - | - | - | - |
| Property, Africa | $293.90M | $292.00M | - | $293.70M | $321.20M | $317.00M | $335.80M | $303.40M | $285.50M | $267.80M | $264.40M | $257.40M | $248.00M | - | - | - | - | - | - | - |
| Property, Latin America | $448.70M | $445.50M | - | $459.60M | $439.40M | $464.10M | $427.00M | $420.40M | $425.20M | $419.30M | $372.10M | $391.00M | $365.60M | - | - | - | - | - | - | - |
| Africa | - | - | - | - | - | - | - | - | - | - | - | - | - | $235.70M | $220.00M | $206.00M | $225.50M | - | - | - |
| North America | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.26B | - | - | - | - | - | - |
| Latin America | - | - | - | - | - | - | - | - | - | - | - | - | - | $336.70M | $301.40M | $293.70M | $336.70M | $330.10M | $331.70M | - |
| Europe | - | - | - | - | - | - | - | - | - | - | - | - | - | $44.60M | - | - | - | - | - | - |
| Asia Pacific | - | - | - | - | - | - | - | - | - | - | - | - | - | $281.40M | - | - | - | - | - | - |
| EMEA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $38.70M | $34.70M | $34.50M | $181.50M | - | - |
| Asia | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $305.20M | $271.30M | $286.60M | $294.50M | $312.50M | - |
| UNITED STATES | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.15B | $1.11B | $1.11B | $1.11B | $1.13B | $40.70M |
American Tower's latest quarterly revenue breakdown by geography, as of Jun 24: Property, US And Canada (46.99%), Property, Latin America (15.47%), Property, Asia-Pacific (12.44%), Property, Africa (10.13%), Property, Data Centers (7.96%), and Property, Europe (7.01%).
American Tower Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| AMT | American Tower | $11.14B | $2.90B |
| EQIX | Equinix | $8.19B | $2.13B |
| CCI | Crown Castle | $6.98B | $1.63B |
| IRM | Iron Mountain | $5.48B | $1.53B |
| DLR | Digital Realty Trust | $5.48B | $1.36B |
| SBAC | SBA Communications | $2.71B | $660.48M |
| EPR | EPR Properties | $705.67M | $173.09M |
| HASI | Hannon Armstrong Sustainable Infrastructure Capital | $319.87M | $94.52M |
| GLPI | Gaming and Leisure Properties | - | $380.63M |
AMT Revenue FAQ
What is American Tower’s yearly revenue?
American Tower's yearly revenue for 2023 was $11.14B, representing an increase of 4.04% compared to 2022. The company's yearly revenue for 2022 was $10.71B, representing an increase of 14.47% compared to 2021. AMT's yearly revenue for 2021 was $9.36B, representing an increase of 16.36% compared to 2020.
What is American Tower’s quarterly revenue?
American Tower's quarterly revenue for Q2 2024 was $2.9B, a 2.34% increase from the previous quarter (Q1 2024), and a 4.64% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $2.83B, a 1.70% increase from the previous quarter (Q4 2023), and a 2.42% increase year-over-year (Q1 2023). AMT's quarterly revenue for Q4 2023 was $2.79B, a -1.13% decrease from the previous quarter (Q3 2023), and a 3.02% increase year-over-year (Q4 2022).
What is American Tower’s revenue growth rate?
American Tower's revenue growth rate for the last 3 years (2021-2023) was 19.10%, and for the last 5 years (2019-2023) was 47.02%.
What are American Tower’s revenue streams?
American Tower's revenue streams in c 23 are Services Revenue, and Non-Lease Property Revenue. Services Revenue generated $143M in revenue, accounting 18.90% of the company's total revenue, up 62.68% year-over-year. Non-Lease Property Revenue generated $613.7M in revenue, accounting 81.10% of the company's total revenue
What is American Tower’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of American Tower was Non-Lease Property Revenue. This segment made a revenue of $613.7M, representing 81.10% of the company's total revenue.