American Tower (American Tower) Tax Rate % : 62.22% (As of Dec. 2023)

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What is American Tower Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. American Tower's Tax Expense for the three months ended in Dec. 2023 was $21.90 Mil. American Tower's Pre-Tax Income for the three months ended in Dec. 2023 was $35.20 Mil. Therefore, American Tower's Tax Rate % for the quarter that ended in Dec. 2023 was 62.22%.

American Tower Tax Rate % Historical Data

The historical data trend for American Tower's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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American Tower Tax Rate % Chart

American Tower Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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-0.01

7.12

9.25

1.39

10.14

American Tower Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															5.54	14.50	2.78	10.22	62.22

American Tower Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

American Tower's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	154.2	/	1521.3
	=	10.14 %

American Tower's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	21.9	/	35.2
	=	62.22 %

American Tower Tax Rate % Related Terms

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American Tower (American Tower) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » American Tower Corp (NYSE:AMTpB.PFD) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

AMT:USA AMT:Mexico 1AMT:Italy A0T:Germany T1OW34:Brazil AMTG:Austria

Address

116 Huntington Avenue, 11th Floor, Boston, MA, USA, 02116

Website

https://www.americantower.com

American Tower owns and operates more than 220,000 cell towers throughout the U.S., Asia, Latin America, Europe, and Africa. It also owns and/or operates 28 data centers in 10 U.S. markets after acquiring CoreSite. On its towers, the company has a very concentrated customer base, with most revenue in each market being generated by just the top few mobile carriers. The company operates more than 40,000 towers in the U.S., which accounted for roughly half of the company's total revenue in 2022. Outside the U.S., American Tower operates over 75,000 towers in India, almost 50,000 towers in Latin America (dominated by Brazil), 30,000 towers in Europe, and nearly 25,000 towers in Africa. American Tower operates as an REIT.