American Tower (AMT) Revenue & Revenue Breakdown

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American Tower Revenue Highlights

Latest Revenue (Y)

$11.14B

Latest Revenue (Q)

$1.85B

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
2024-09-30	$1.85B	-36.38%
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 $1.85B in revenue during Q3 2024, up -36.38% compared to the previous quarter, and up 66.57% 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
Non-Lease Property Revenue	$613.70M	-	-	-	-
Services Revenue	$143.00M	$87.90M	-	-	-
Service	-	$241.10M	$247.30M	-	-
Property Revenue	-	$10.47B	$9.11B	$7.46B	-

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	Sep 24	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
Services Revenue	$52.40M	$47.40M	$30.20M	$116.80M	$26.20M	$67.20M	$22.90M	$19.90M	-	-	-	-	-	-	-	-	-	-	-	-
Property	$2.47B	$2.85B	$2.80B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Property, Africa	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Property, Asia-Pacific	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Property, Data Centers	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Property, Europe	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Property, Latin America	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Property, US And Canada	-	-	$30.20M	$21.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-Lease Property Revenue	-	-	-	$451.80M	$161.90M	$123.80M	$105.80M	-	-	-	-	-	-	-	-	-	-	-	-	-
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	-	-
Service	-	-	-	-	-	$43.10M	$52.70M	$60.20M	$61.60M	$59.80M	$59.50M	$85.40M	$65.90M	$28.80M	$25.30M	$19.80M	-	-	-	-

American Tower's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Property (97.92%), and Services Revenue (2.08%).

American Tower Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Services Segment	$60.10M	-	-	-	-
Property, Africa	$433.30M	$199.70M	$180.80M	-	-
Property, Asia-Pacific	$704.20M	$5.30M	$300.00K	-	-
Property, Europe	$299.50M	$315.10M	$183.30M	-	-
Property, Latin America	$566.00M	$84.70M	$62.60M	-	-
Property, US And Canada	$849.90M	$5.25B	$5.17B	-	-
Europe Property Segment	-	-	-	$200.00K	-
Asia Pacific Property Segment	-	-	-	$1.14B	-
Africa Property Segment	-	-	-	$156.10M	-
Latin America Property Segment	-	-	-	$46.60M	-
GHANA	-	-	-	-	$124.30M
Africa	-	-	-	-	$583.90M
Asia	-	-	-	-	$1.22B
Europe	-	-	-	-	$134.60M
Latin America	-	-	-	-	$1.34B
UNITED STATES	-	-	-	-	$4.30B
ARGENTINA	-	-	-	-	$17.30M
BRAZIL	-	-	-	-	$605.50M
CHILE	-	-	-	-	$43.30M
COLOMBIA	-	-	-	-	$102.10M
FRANCE	-	-	-	-	$68.00M
GERMANY	-	-	-	-	$66.60M
INDIA	-	-	-	-	$1.22B
KENYA	-	-	-	-	$27.30M
MEXICO	-	-	-	-	$515.30M
NIGER	-	-	-	-	-
NIGERIA	-	-	-	-	$229.90M
PARAGUAY	-	-	-	-	$12.60M
PERU	-	-	-	-	$23.50M
SOUTH AFRICA	-	-	-	-	$129.10M
UGANDA	-	-	-	-	$73.30M

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	Sep 24	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
Property, Asia-Pacific	$5.70M	$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, Data Centers	$233.70M	$230.80M	$224.60M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Property, Europe	$212.80M	$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, Latin America	$402.80M	$448.70M	$445.50M	-	$459.60M	$439.40M	$464.10M	$427.00M	$420.40M	$425.20M	$419.30M	$372.10M	$391.00M	$365.60M	-	-	-	-	-	-
Property, US And Canada	$1.37B	$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, Africa	$296.90M	$293.90M	$292.00M	-	$293.70M	$321.20M	$317.00M	$335.80M	$303.40M	$285.50M	$267.80M	$264.40M	$257.40M	$248.00M	-	-	-	-	-	-
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

American Tower's latest quarterly revenue breakdown by geography, as of Sep 24: Property, US And Canada (54.33%), Property, Latin America (15.97%), Property, Africa (11.77%), Property, Data Centers (9.27%), Property, Europe (8.44%), and Property, Asia-Pacific (0.23%).

American Tower Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
AMT	American Tower	$11.14B	$1.85B
EQIX	Equinix	$8.19B	$2.20B
CCI	Crown Castle	$6.98B	$1.65B
IRM	Iron Mountain	$5.48B	$1.56B
DLR	Digital Realty Trust	$5.48B	$213.34M
SBAC	SBA Communications	$2.71B	$667.60M
EPR	EPR Properties	$705.67M	$180.51M
HASI	Hannon Armstrong Sustainable Infrastructure Capital	$319.87M	$81.97B
GLPI	Gaming and Leisure Properties	-	$334.48M

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 Q3 2024 was $1.85B, a -36.38% decrease from the previous quarter (Q2 2024), and a -34.53% decrease year-over-year (Q3 2023). The company'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). AMT'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).

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 Non-Lease Property Revenue, and Services Revenue. Non-Lease Property Revenue generated $613.7M in revenue, accounting 81.10% of the company's total revenue Services Revenue generated $143M in revenue, accounting 18.90% of the company's total revenue, up 62.68% year-over-year.

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.