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American Tower (BSP:T1OW34) Gross Profit : R$42,781 Mil (TTM As of Sep. 2024)


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What is American Tower Gross Profit?

American Tower's gross profit for the three months ended in Sep. 2024 was R$10,358 Mil. American Tower's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was R$42,781 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. American Tower's gross profit for the three months ended in Sep. 2024 was R$10,358 Mil. American Tower's Revenue for the three months ended in Sep. 2024 was R$13,968 Mil. Therefore, American Tower's Gross Margin % for the quarter that ended in Sep. 2024 was 74.16%.

American Tower had a gross margin of 74.16% for the quarter that ended in Sep. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of American Tower was 73.36%. The lowest was 69.10%. And the median was 70.78%.


American Tower Gross Profit Historical Data

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.

* Premium members only.

American Tower Gross Profit Chart

American Tower Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22,025.98 29,912.83 37,745.89 39,064.07 38,628.06

American Tower Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross Profit 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 9,300.07 11,040.72 10,187.68 11,194.47 10,358.46

Competitive Comparison of American Tower's Gross Profit

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's Gross Profit Distribution in the 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.



American Tower Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

American Tower's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=54604.351 - 15976.288
=38,628

American Tower's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=13967.993 - 3609.538
=10,358

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was R$42,781 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

American Tower's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=10,358 / 13967.993
=74.16 %

* 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  (BSP:T1OW34) 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 74.16% for the quarter that ended in Sep. 2024 => Durable competitive advantage


American Tower Gross Profit Related Terms

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American Tower Business Description

Address
116 Huntington Avenue, 11th Floor, Boston, MA, USA, 02116
American Tower owns and operates more than 220,000 cell towers throughout the us, Asia, Latin America, Europe, and Africa. It also owns and/or operates 28 data centers in 10 us 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 us, which accounted for almost half of the company's total revenue in 2023. Outside the us, 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 a REIT.

American Tower Headlines

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