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EBITDA for American Tower (AMT)

According to American Tower's latest reported financial statements, the company's current EBITDA (TTM) is $6.71B USD. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.

Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

TTM (last 4 quarters)

$6.71B

YoY change

-14.4%

5Y CAGR

+6.4%

Peak year (2024)

$7.15B

Cumulative EBITDA

$69.56B

EBITDA history chart for American Tower (AMT) from 1997 to 2025

EBITDA history table for American Tower (AMT) from 1997 to 2025

Fiscal yearPeriod endedReportedEBITDAYoY
2025$6.12B-14.4%
2024$7.15B+19.2%
2023$6.00B-8.7%
2022$6.58B+9.0%
2021$6.03B+34.2%
2020$4.50B-0.3%
2019$4.51B+10.2%
2018$4.09B+9.9%
2017$3.72B+10.4%
2016$3.37B+24.3%
2015$2.71B+10.6%
2014$2.45B+36.1%
2013$1.80B+3.0%
2012$1.75B+27.1%
2011$1.38B+8.8%
2010$1.26B+16.4%
2009$1.09B+5.3%
2008$1.03B+13.4%
2007$909.08M+10.3%
2006$824.24M+30.0%
2005$633.89M+34.3%
2004$472.06M+17.0%
2003$403.39M+109.7%
2002$192.34M-25.0%
2001$256.38M+33.7%
2000$191.72M+100.6%
1999$95.59M+270.3%
1998$25.81M+246.6%
1997$7.45M

EBITDA values are taken from American Tower's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

Analysis

American Tower (AMT) most recent annual EBITDA stands at $6.12B (2025) – declined 14.4% year-over-year.

American Tower EBITDA compound annual growth for the 2020–2025 (5 years) window is +6.4%, with the latest reading among the more recent periods of the dataset.

American Tower EBITDA peaked at $7.15B in 2024; the latest annual figure is $6.12B in 2025 (14.4% below peak).

$7.15B stands as the all-time-high annual EBITDA, posted in 2024, against a low of $7.45M during 1997.

American Tower (AMT) sits 3rd of 8 Real Estate peers we track on this metric, against a peer median of $3.57B.

American Tower EBITDA by Year

American Tower EBITDA 2025: $6.12B

American Tower EBITDA in 2025 was $6.12B, declined 14.4% below 2024.

American Tower EBITDA 2024: $7.15B

American Tower EBITDA in 2024 was $7.15B, grew 19.2% from 2023. This figure represents the highest annual value in the available history.

American Tower EBITDA 2023: $6.00B

American Tower EBITDA in 2023 was $6.00B, declined 8.7% below 2022.

American Tower EBITDA 2022: $6.58B

American Tower EBITDA in 2022 was $6.58B, grew 9.0% from 2021.

American Tower EBITDA 2021: $6.03B

American Tower EBITDA in 2021 was $6.03B.

See more financial history for American Tower (AMT).

Sector peers — EBITDA

Companies in the same sector as American Tower, ranked by their latest EBITDA.

CompanyEBITDASector
Simon Property Group, Inc. (SPG)$7.86BReal Estate
Prologis, Inc. (PLD)$7.20BReal Estate
Equinix, Inc. (EQIX)$4.07BReal Estate
Digital Realty Trust, Inc. (DLR)$3.59BReal Estate
Realty Income Corporation (O)$3.55BReal Estate
Public Storage (PSA)$3.25BReal Estate
CBRE Group, Inc. (CBRE)$2.58BReal Estate
Welltower Inc. (WELL)$2.31BReal Estate

Frequently asked questions

What is American Tower's EBITDA?

Latest reported EBITDA for American Tower (AMT) is $6.71B (period ending March 31, 2026).

How has American Tower EBITDA changed year-over-year?

American Tower (AMT) EBITDA changed -14.4% year-over-year on the latest annual filing.

What is the long-term growth rate of American Tower EBITDA?

American Tower (AMT) EBITDA compound annual growth rate is +6.4% over the most recent 5 years available.

When did American Tower EBITDA hit its highest annual value?

American Tower EBITDA reached its highest annual value of $7.15B in 2024.

What was American Tower EBITDA in 2024?

American Tower (AMT) EBITDA in 2024 was $7.15B.

What was American Tower EBITDA in 2025?

American Tower (AMT) EBITDA in 2025 was $6.12B.

Metrics overview

Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.