American Tower (MEX:AMT) Construction In Progress: MXN0 Mil (As of Mar. 2026)


MEX:AMT American Tower Corp MEX:AMT
57 GF Score
Price MXN2,887.13
GF Value MXN3,658.64
Valuation Modestly Undervalued
! 5 Warning Signs
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What is American Tower Construction In Progress?

American Tower MEX:AMT -2.70% 57 Construction In Progress is MXN0 Mil as of Mar. 2026. GuruFocus rates MEX:AMT with a GF Score™ of 57/100 and a GF Value™ of MXN3,658.64 (Modestly Undervalued). The stock has 5 warning signs investors should review.

American Tower's quarterly construction in progress increased from Sep. 2025 (MXN0 Mil) to Dec. 2025 (MXN23,836 Mil) but then declined from Dec. 2025 (MXN23,836 Mil) to Mar. 2026 (MXN0 Mil).

American Tower's annual construction in progress increased from Dec. 2023 (MXN23,007 Mil) to Dec. 2024 (MXN27,079 Mil) but then declined from Dec. 2024 (MXN27,079 Mil) to Dec. 2025 (MXN23,836 Mil).

American Tower Construction In Progress Historical Data

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The historical data trend for American Tower's Construction In Progress 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.

American Tower Construction In Progress Chart

American Tower Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18,733.39 27,916.32 23,006.90 27,079.04 23,835.95

American Tower Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 23,835.95 0.00
MEX:AMT
57GF Score
American Tower Corp MEX:AMT
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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American Tower Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of MXN0 Mil mean?
American Tower (MEX:AMT) has a Construction In Progress of MXN0 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on American Tower and its competitors.
Is American Tower's Construction In Progress too high?
American Tower's current Construction In Progress is MXN0 Mil. Overall, American Tower has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does American Tower's Construction In Progress compare to DLR and EQIX?
American Tower's Construction In Progress of MXN0 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for a REITs company?
A good Construction In Progress depends on the REITs industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on American Tower and its competitors. American Tower's current Construction In Progress is MXN0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Tower stock overvalued right now?
Based on GuruFocus' analysis, American Tower (MEX:AMT) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN3,658.64, compared to a current price of MXN2,887.13 — trading 21.1% below its estimated fair value. The current Construction In Progress is MXN0 Mil. American Tower's overall GF Score™ is 57/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For American Tower (MEX:AMT), the current Construction In Progress is MXN0 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is American Tower (MEX:AMT) Overvalued in 2026?

Based on GuruFocus' analysis, American Tower stock appears to be undervalued. The current stock price of MXN2,887.13 is trading 21.1% below its estimated GF Value™ of MXN3,658.64. GuruFocus considers American Tower to be Modestly Undervalued.

Key valuation signals for MEX:AMT:

  • Construction In Progress: MXN0 Mil
  • GF Value™: MXN3,658.64 vs. price of MXN2,887.13 (21.1% below fair value)
  • GF Score™: 57/100 with 5 warning signs

No single metric tells the full story. See the MEX:AMT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

American Tower Business Description

Industry Real EstateREITs
Address 222 Berkeley Street, 7th Floor, Boston, MA, USA, 02116
American Tower owns and operates about 150,000 wireless towers throughout the US, Asia, Latin America, Europe, and Africa. It also owns and/or operates 30 data centers in 11 US markets through its CoreSite segment. The company's customer base in the tower business is very concentrated, with most revenue in each market generated by the top three or four mobile carriers. The company operates 42,000 towers in the US, which accounted for about half of total revenue in 2025. Outside the US, American Tower operates about 47,000 towers in Latin America (dominated by Brazil), 33,000 towers in Europe, and 28,000 towers in Africa. American Tower operates as a REIT.
57GF Score

Get the complete analysis for MEX:AMT

Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN2,887.13
Price
MXN3,658.64
GF Value