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Pretax income is the income that a company earns before paying income taxes. American Tower's pretax income for the
three
months ended in Jun. 2026 was $1,009 Mil.
Its pretax income for the trailing twelve months (TTM) ended in Jun. 2026 was $3,942 Mil.
American Tower's pretax margin was 36.71%.
During the past 13 years, American Tower's highest Pretax Margin was 36.03%. The lowest was 15.27%. And the median was 22.14%.
During the past 13 years, American Tower's highest Pretax Margin was 36.03%. The lowest was 15.27%. And the median was 22.14%.
* 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 Pre-Tax Income Related Terms
American Tower Pre-Tax Income Historical Data
* Premium members only.
The historical data trend for American Tower's Pre-Tax Income 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 Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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 Pre-Tax Income vs REITs Industry
For the REITs industry and Real Estate sector, American Tower's Pre-Tax Income distribution charts can be found below:
* The bar in red indicates where American Tower's Pre-Tax Income falls into.
Pre-Tax Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,942 Mil.
* 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 (AMT) has a Pre-Tax Income of $3,942 Mil as of Jun. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on American Tower and its competitors.
Is American Tower's Pre-Tax Income too high?
American Tower's current Pre-Tax Income is $3,942 Mil. Overall, American Tower has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does American Tower's Pre-Tax Income compare to DLR and EQIX?
American Tower's Pre-Tax Income of $3,942 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 Pre-Tax Income for a REITs company?
A good Pre-Tax Income depends on the REITs industry context. However, Pre-Tax Income 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 Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on American Tower and its competitors. American Tower's current Pre-Tax Income is $3,942 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 $208.19, compared to a current price of $176.18 — trading 15.4% below its estimated fair value. The current Pre-Tax Income is $3,942 Mil. American Tower's overall GF Score™ is 79/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For American Tower (AMT), the current Pre-Tax Income is $3,942 Mil as of Jun. 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 $176.18 is trading 15.4% below its estimated GF Value™ of $208.19.
GuruFocus considers American Tower to be Modestly Undervalued.
Key valuation signals for AMT:
Pre-Tax Income: $3,942 Mil
GF Value™: $208.19 vs. price of $176.18 (15.4% 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.
79GF Score
Get the complete analysis for AMT
Pre-Tax Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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