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American Tower's gross profit for the
three
months ended in Mar. 2026 was $2,034 Mil. American Tower's gross profit for the trailing twelve months (TTM) ended in Mar. 2026 was $8,002 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. American Tower's gross profit for the
three
months ended in Mar. 2026 was $2,034 Mil. American Tower's Revenue for the
three
months ended in Mar. 2026 was $2,738 Mil. Therefore, American Tower's Gross Margin % for the quarter that ended in Mar. 2026 was 74.31%.
American Tower had a gross margin of 74.31% for the quarter that ended in Mar. 2026 => Durable competitive advantage
During the past 13 years, the highestGross Margin % of American Tower was 74.58%. The lowest was 69.10%. And the median was 71.82%.
American Tower (NYSE:AMT) Gross Profit Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
American Tower had a gross margin of 74.31% for the quarter that ended in Mar. 2026 => Durable competitive advantage
American Tower Gross Profit Related Terms
American Tower Gross Profit Historical Data
* Premium members only.
The historical data trend for American Tower's Gross Profit 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.
For the REIT - Specialty subindustry, American Tower's Gross Profit, along with its competitors' market caps and Gross Profit 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 Gross Profit vs REITs Industry
For the REITs industry and Real Estate sector, American Tower's Gross Profit distribution charts can be found below:
* The bar in red indicates where American Tower's Gross Profit falls into.
Gross Profit for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $8,002 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
American Tower (AMT) has a Gross Profit of $8,002 Mil as of Mar. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on American Tower and its competitors.
Is American Tower's Gross Profit too high?
American Tower's current Gross Profit is $8,002 Mil. Overall, American Tower has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does American Tower's Gross Profit compare to DLR and EQIX?
American Tower's Gross Profit of $8,002 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 Gross Profit for a REITs company?
A good Gross Profit depends on the REITs industry context. However, Gross Profit 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 Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on American Tower and its competitors. American Tower's current Gross Profit is $8,002 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 (AMT) is currently considered Modestly Undervalued. The stock's GF Value™ is $207.56, compared to a current price of $166.67 — trading 19.7% below its estimated fair value. The current Gross Profit is $8,002 Mil. American Tower's overall GF Score™ is 77/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For American Tower (AMT), the current Gross Profit is $8,002 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 (AMT) Overvalued in 2026?
Based on GuruFocus' analysis, American Tower stock appears to be undervalued.
The current stock price of $166.67 is trading 19.7% below its estimated GF Value™ of $207.56.
GuruFocus considers American Tower to be Modestly Undervalued.
Key valuation signals for AMT:
Gross Profit: $8,002 Mil
GF Value™: $207.56 vs. price of $166.67 (19.7% below fair value)
No single metric tells the full story. See the AMT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
77GF Score
Get the complete analysis for AMT
Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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