American Tower (AMT) Revenue & Revenue Breakdown

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American Tower Revenue Highlights

Latest Revenue (Y)

$10.13B

Latest Revenue (Q)

$2.72B

Main Segment (Y)

Property

Main Geography (Y)

Property, US And Canada

American Tower Revenue by Period

American Tower Revenue by Year

Date	Revenue	Change
2024-12-31	$10.13B	-9.13%
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 $10.13B in revenue during NA 2024, up -9.13% compared to the previous quarter, and up 133.60% compared to the same period a year ago.

American Tower Revenue by Quarter

Date	Revenue	Change
2025-09-30	$2.72B	3.45%
2025-06-30	$2.63B	2.50%
2025-03-31	$2.56B	0.60%
2024-12-31	$2.55B	1.00%
2024-09-30	$2.52B	-13.03%
2024-06-30	$2.90B	2.34%
2024-03-31	$2.83B	1.70%
2023-12-31	$2.79B	10.54%
2023-09-30	$2.52B	-9.04%
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 $2.72B in revenue during Q3 2025, up 3.45% compared to the previous quarter, and up 93.69% 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 24	Dec 23	Dec 22	Dec 21	Dec 20
Property	$9.93B	$11.00B	-	-	-
Services Revenue	$193.70M	$143.00M	$87.90M	-	-
Non-Lease Property Revenue	-	$613.70M	-	-	-
Property Revenue	-	-	$10.47B	$9.11B	-
Service	-	-	$241.10M	$247.30M	-

American Tower's latest annual revenue breakdown by segment (product or service), as of Dec 24: Property (98.09%), and Services Revenue (1.91%).

Quarterly Revenue by Product

Product/Service	Sep 25	Jun 25	Mar 25	Dec 24	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
Property	$2.62B	$2.53B	$2.49B	$1.81B	$2.47B	$2.85B	$2.80B	-	-	-	-	-	-	-	-	-	-	-	-	-
Services Revenue	$101.10M	$99.50M	$74.60M	$63.70M	$52.40M	$47.40M	$30.20M	$116.80M	$26.20M	$67.20M	$22.90M	-	-	-	-	-	-	-	-	-
Property, US And Canada	-	-	-	-	-	-	$30.20M	$21.00M	-	-	-	-	-	-	-	-	-	-	-	-
Property, Africa	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Property, Asia-Pacific	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Property, Data Centers	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Property, Europe	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Property, Latin America	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
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	-	-
Property Revenue	-	-	-	-	-	-	-	-	-	$2.73B	$2.71B	$2.64B	$2.61B	$2.61B	$2.60B	$2.37B	$2.23B	$2.13B	-	-

American Tower's latest quarterly revenue breakdown by segment (product or service), as of Sep 25: Property (96.28%), and Services Revenue (3.72%).

American Tower Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
Property, Latin America	$530.20M	$566.00M	$84.70M	$62.60M	-
Property, Asia-Pacific	$380.50M	$704.20M	$5.30M	$300.00K	-
Property, Data Centers	$390.80M	$347.60M	-	-	-
Property, Europe	$309.40M	$299.50M	$315.10M	$183.30M	-
Property, US And Canada	$870.90M	$849.90M	$5.25B	$5.17B	-
Property, Africa	-	$433.30M	$199.70M	$180.80M	-
Services Segment	-	$60.10M	-	-	-
Africa Property Segment	-	-	-	-	$156.10M
Europe Property Segment	-	-	-	-	$200.00K
Asia Pacific Property Segment	-	-	-	-	$1.14B
Latin America Property Segment	-	-	-	-	$46.60M

American Tower's latest annual revenue breakdown by geography, as of Dec 24: Property, US And Canada (35.09%), Property, Latin America (21.36%), Property, Data Centers (15.75%), Property, Asia-Pacific (15.33%), and Property, Europe (12.47%).

Quarterly Revenue by Country

Country	Sep 25	Jun 25	Mar 25	Dec 24	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
Services Segment	$101.10M	$99.50M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Property, Africa	$370.80M	$336.30M	$333.60M	$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	-	-	-
Property, Data Centers	$266.60M	$261.90M	$244.10M	-	$233.70M	$230.80M	$224.60M	-	-	-	-	-	-	-	-	-	-	-	-	-
Property, Europe	$243.60M	$232.70M	$213.00M	-	$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	$416.50M	$389.40M	$399.20M	-	$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	-	-
UNITED STATES	$1.42B	$1.41B	$1.37B	$1.15B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Property, US And Canada	-	-	$1.37B	-	$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, 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	-	-
Europe	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$44.60M	-
North America	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.26B	-
Latin America	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$336.70M	$301.40M
Asia Pacific	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$281.40M	-
Africa	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$235.70M	$220.00M
Asia	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$305.20M
EMEA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$38.70M

American Tower's latest quarterly revenue breakdown by geography, as of Sep 25: UNITED STATES (50.38%), Property, Latin America (14.78%), Property, Africa (13.16%), Property, Data Centers (9.46%), Property, Europe (8.64%), and Services Segment (3.59%).

American Tower Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
AMT	American Tower	$10.13B	$2.72B
EQIX	Equinix	$8.75B	$2.26B
PLD	Prologis	$8.20B	$2.21B
CCI	Crown Castle	$6.57B	$1.06B
SPG	Simon Property Group	$5.96B	$1.50B
DLR	Digital Realty Trust	$5.55B	$256.18M
O	Realty Income	$5.27B	$1.41B
PSA	Public Storage	$4.70B	$1.20B
SBAC	SBA Communications	$2.68B	$698.98M

AMT Revenue FAQ

What is American Tower’s yearly revenue?

American Tower's yearly revenue for 2024 was $10.13B, representing a decrease of -9.13% compared to 2023. The company's yearly revenue for 2023 was $11.14B, representing an increase of 4.04% compared to 2022. AMT's yearly revenue for 2022 was $10.71B, representing an increase of 14.47% compared to 2021.

What is American Tower’s quarterly revenue?

American Tower's quarterly revenue for Q3 2025 was $2.72B, a 3.45% increase from the previous quarter (Q2 2025), and a 7.74% increase year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $2.63B, a 2.50% increase from the previous quarter (Q1 2025), and a -9.43% decrease year-over-year (Q2 2024). AMT's quarterly revenue for Q1 2025 was $2.56B, a 0.60% increase from the previous quarter (Q4 2024), and a -9.57% decrease year-over-year (Q1 2024).

What is American Tower’s revenue growth rate?

American Tower's revenue growth rate for the last 3 years (2022-2024) was -5.45%, and for the last 5 years (2020-2024) was 25.94%.

What are American Tower’s revenue streams?

American Tower's revenue streams in c 24 are Property, and Services Revenue. Property generated $9.93B in revenue, accounting 98.09% of the company's total revenue, down -9.71% year-over-year. Services Revenue generated $193.7M in revenue, accounting 1.91% of the company's total revenue, up 35.45% year-over-year.

What is American Tower’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of American Tower was Property. This segment made a revenue of $9.93B, representing 98.09% of the company's total revenue.