American Tower (WBO:AMTG) EBITDA Margin %: 68.81% (As of Mar. 2026) — 15% Above Median


WBO:AMTG American Tower Corp WBO:AMTG
79 GF Score
Price €154.45
GF Value €183.36
! 5 Warning Signs
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What is American Tower EBITDA Margin %?

American Tower WBO:AMTG -1.09% 79 EBITDA Margin % is 68.81% as of Mar. 2026, which is 15% above its 10-year median of 59.73. GuruFocus rates WBO:AMTG with a GF Score™ of 79/100 and a GF Value™ of €183.36. The stock has 5 warning signs investors should review. Among 750 REITs companies, American Tower ranks worse than 58.27% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. American Tower's EBITDA for the three months ended in Mar. 2026 was €1,629 Mil. American Tower's Revenue for the three months ended in Mar. 2026 was €2,368 Mil. Therefore, American Tower's EBITDA margin for the quarter that ended in Mar. 2026 was 68.81%.


American Tower  (WBO:AMTG) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


American Tower EBITDA Margin % Related Terms


American Tower EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for American Tower's EBITDA Margin % 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 EBITDA Margin % Chart

American Tower Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 64.48 68.19 59.97 70.64 60.55

American Tower Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBITDA Margin % 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 56.01 51.95 66.98 66.67 68.81

WBO:AMTG vs EQIX, DLR, CCI: EBITDA Margin % Comparison

For the REIT - Specialty subindustry, American Tower's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


American Tower EBITDA Margin % vs REITs Industry

For the REITs industry and Real Estate sector, American Tower's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where American Tower's EBITDA Margin % falls into.


WBO:AMTG
79GF Score
American Tower Corp WBO:AMTG
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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American Tower EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

American Tower's EBITDA Margin % for the fiscal year that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=5504.201/9090.488
=60.55 %

American Tower's EBITDA Margin % for the quarter that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=1629.314/2367.937
=68.81 %

* 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.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of 68.81% mean?
American Tower (WBO:AMTG) has a EBITDA Margin % of 68.81% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on American Tower and its competitors. This is 15% above median its historical median of 59.73. Over the past decade, American Tower's EBITDA Margin % has ranged from 54.99 to 70.64. According to the industry distribution chart, American Tower ranks #437 out of 750 companies in the REITs industry, placing it in the top 58.3%.
Is American Tower's EBITDA Margin % too high?
American Tower's current EBITDA Margin % of 68.81% is 15% above median its 10-year median of 59.73. Over the past 10 years, this metric has ranged from a low of 54.99 to a high of 70.64. The REITs industry median EBITDA Margin % is 69.61. American Tower's value of 68.81% is 1.1% below this industry median. Based on the distribution chart, American Tower ranks #437 out of 750 companies in the REITs industry, which is below the industry midpoint. Overall, American Tower has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does American Tower's EBITDA Margin % compare to EQIX and DLR?
According to the REITs industry distribution chart, American Tower ranks #437 out of 750 companies for EBITDA Margin %. This places American Tower in the lower half of its industry. The industry median EBITDA Margin % is 69.61. American Tower's value of 68.81% is 1.1% below this benchmark. Historically, American Tower's own EBITDA Margin % has ranged from 54.99 to 70.64 over the past decade. While the company's 10-year median is 59.73 vs. the industry median of 69.61, American Tower has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a REITs company?
The median EBITDA Margin % among REITs companies is 69.61, based on 750 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. American Tower's current EBITDA Margin % of 68.81% is 1.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on American Tower and its competitors. For the REITs industry, the median EBITDA Margin % is 69.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. American Tower's current EBITDA Margin % is 68.81%, which is 15% above median its own 10-year median of 59.73. 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?
American Tower (WBO:AMTG) has a current EBITDA Margin % of 68.81%. The stock's GF Value™ is €183.36, compared to a current price of €154.45 — trading 15.8% below its estimated fair value. The current EBITDA Margin % is 68.81%, which is 15% above median its 10-year median of 59.73 and 1.1% below the REITs industry median of 69.61. American Tower's overall GF Score™ is 79/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For American Tower (WBO:AMTG), the current EBITDA Margin % is 68.81% 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 (WBO:AMTG) Overvalued in 2026?

Based on GuruFocus' analysis, American Tower stock appears to be undervalued. The current stock price of €154.45 is trading 15.8% below its estimated GF Value™ of €183.36.

Key valuation signals for WBO:AMTG:

  • EBITDA Margin %: 68.81% (15% above median its 10-year median of 59.73)
  • GF Value™: €183.36 vs. price of €154.45 (15.8% below fair value)
  • GF Score™: 79/100 with 5 warning signs
  • Industry Position: 1.1% below the REITs median (#437 of 750)

No single metric tells the full story. See the WBO:AMTG 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.
79GF Score

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EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€154.45
Price
€183.36
GF Value