American Tower (AMT) seasonality heatmap
Returns across monthly, quarterly, and yearly periods. Cell color encodes signed magnitude; the scale auto-fits each table.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +2.1% | +7.0% | -10.0% | +5.9% | +2.3% | +0.1% | — | — | — | — | — | — |
| 2025 | +0.8% | +11.2% | +5.8% | +4.4% | -4.8% | +3.8% | -5.7% | -2.2% | -4.8% | -6.9% | +1.3% | -2.2% |
| 2024 | -9.4% | +1.6% | -0.6% | -12.4% | +14.1% | +0.1% | +13.4% | +1.7% | +3.8% | -7.5% | -2.1% | -11.5% |
| 2023 | +5.4% | -11.4% | +3.2% | +0.8% | -9.8% | +6.0% | -1.9% | -4.7% | -9.3% | +9.4% | +17.2% | +4.2% |
| 2022 | -14.0% | -9.8% | +10.7% | -3.5% | +6.3% | +0.4% | +6.0% | -6.2% | -15.5% | -2.8% | +6.8% | -3.5% |
| 2021 | +1.3% | -4.9% | +10.6% | +7.1% | +0.3% | +6.3% | +4.7% | +3.3% | -8.7% | +6.2% | -6.9% | +12.0% |
| 2020 | +0.8% | -2.1% | -4.0% | +9.8% | +8.5% | +0.6% | +1.1% | -4.7% | -2.5% | -5.0% | +0.7% | -2.4% |
| 2019 | +9.3% | +1.9% | +11.9% | -0.4% | +6.9% | -1.6% | +3.5% | +8.8% | -3.5% | -1.4% | -1.9% | +7.9% |
| 2018 | +3.5% | -5.7% | +4.3% | -5.7% | +1.5% | +4.8% | +2.8% | +0.6% | -2.0% | +7.2% | +5.6% | -3.3% |
| 2017 | -2.1% | +10.9% | +5.9% | +4.1% | +4.2% | +1.4% | +3.0% | +8.6% | -7.2% | +5.1% | +0.2% | -0.4% |
| 2016 | -2.7% | -2.3% | +11.0% | +2.9% | +0.9% | +7.9% | +1.9% | -2.1% | +0.5% | +3.4% | -12.7% | +3.9% |
| 2015 | -1.9% | +2.3% | -5.0% | +0.8% | -1.9% | +1.0% | +2.0% | -3.1% | -4.1% | +16.2% | -2.8% | -1.9% |
| 2014 | +1.3% | +0.7% | +0.5% | +2.4% | +7.3% | +0.8% | +4.9% | +4.5% | -4.7% | +4.1% | +7.7% | -5.5% |
| 2013 | -1.4% | +1.9% | -0.9% | +9.6% | -7.3% | -5.7% | -3.2% | -1.8% | +7.1% | +7.0% | -2.0% | +3.0% |
| 2012 | +5.8% | -1.5% | +0.7% | +4.4% | -1.1% | +8.1% | +3.4% | -2.7% | +1.7% | +5.5% | -0.5% | +3.4% |
| 2011 | -1.5% | +6.1% | -4.0% | +0.9% | +6.1% | -5.7% | +0.4% | +2.5% | -0.1% | +2.4% | +7.1% | +2.3% |
| 2010 | -1.7% | +0.5% | -0.1% | -4.2% | -0.7% | +9.8% | +3.9% | +1.3% | +9.4% | +0.7% | -2.0% | +2.1% |
| 2009 | +3.5% | -4.0% | +4.5% | +4.4% | +0.3% | -1.1% | +8.1% | -7.1% | +15.0% | +1.2% | +11.1% | +5.6% |
| 2008 | -12.1% | +2.7% | +2.0% | +10.7% | +5.3% | -7.6% | -0.8% | -1.3% | -13.0% | -10.2% | -15.7% | +7.6% |
| 2007 | +6.8% | -2.8% | +0.6% | -2.5% | +13.6% | -2.7% | -0.8% | -4.9% | +9.9% | +1.5% | +3.1% | -6.5% |
| 2006 | +14.2% | +2.9% | -4.7% | +12.6% | -9.3% | +0.5% | +8.6% | +6.1% | +1.8% | -1.3% | +5.2% | -1.6% |
| 2005 | -1.6% | +1.2% | -0.6% | -5.5% | +4.7% | +16.5% | +9.4% | +3.7% | +4.6% | -4.4% | +14.4% | -0.7% |
| 2004 | +1.6% | +0.5% | +2.7% | +9.8% | +11.0% | +10.0% | -4.9% | +2.9% | +3.1% | +11.9% | +5.5% | +1.5% |
| 2003 | +44.2% | -7.8% | +17.8% | +20.3% | +34.8% | -1.2% | +2.9% | +24.9% | -10.8% | +14.3% | -1.9% | -4.9% |
| 2002 | -45.6% | -6.1% | +13.6% | -9.2% | -23.8% | -9.4% | -34.9% | +9.8% | -35.6% | -11.2% | +176.7% | -9.5% |
| 2001 | -4.4% | -20.1% | -36.1% | +44.9% | -7.7% | -16.4% | -18.0% | -14.7% | -4.0% | -20.7% | -20.1% | +7.6% |
| 2000 | +17.4% | +37.3% | +0.3% | -5.7% | -20.2% | +12.3% | +2.9% | -15.1% | +3.6% | +8.6% | -26.4% | +25.7% |
| 1999 | -12.9% | +4.1% | -8.6% | -13.5% | +6.2% | +6.6% | -3.4% | -1.9% | -13.7% | -2.9% | +37.1% | +17.0% |
| 1998 | — | — | +15.8% | +14.3% | -2.1% | +10.8% | -3.8% | -34.4% | +61.9% | -14.2% | +5.8% | +27.8% |
| Avg | +0.2% | +0.5% | +1.6% | +3.7% | +1.6% | +2.0% | +0.2% | -1.0% | -0.6% | +0.6% | +7.5% | +2.8% |
| Median | +0.8% | +0.6% | +0.7% | +2.9% | +1.5% | +0.9% | +2.4% | -1.6% | -2.3% | +1.3% | +1.0% | +1.8% |
| Last 5Y Avg | -3.0% | -0.3% | +1.8% | -1.0% | +1.6% | +3.3% | +3.3% | -1.6% | -6.9% | -0.3% | +3.2% | -0.2% |
| Std Dev (σ) | 14.2% | 9.8% | 10.1% | 11.2% | 10.9% | 7.2% | 9.0% | 10.1% | 15.7% | 8.7% | 35.2% | 9.2% |
| Consistency (μ/σ) | 0.02 | 0.05 | 0.16 | 0.33 | 0.14 | 0.28 | 0.02 | -0.10 | -0.04 | 0.07 | 0.21 | 0.30 |
| Win Rate (%) | 54% | 57% | 62% | 66% | 62% | 68% | 64% | 46% | 43% | 57% | 57% | 54% |
| Winning / Losing Months | ▲15▼13 | ▲16▼12 | ▲18▼11 | ▲19▼10 | ▲18▼11 | ▲19▼9 | ▲18▼10 | ▲13▼15 | ▲12▼16 | ▲16▼12 | ▲16▼12 | ▲15▼13 |
| Longest Win / Loss Streak | ▲4▼3 | ▲3▼4 | ▲4▼2 | ▲7▼2 | ▲7▼3 | ▲6▼3 | ▲9▼2 | ▲5▼4 | ▲4▼7 | ▲10▼2 | ▲4▼2 | ▲6▼3 |
| Best | +44.2%in January 2003 | +37.3%in February 2000 | +17.8%in March 2003 | +44.9%in April 2001 | +34.8%in May 2003 | +16.5%in June 2005 | +13.4%in July 2024 | +24.9%in August 2003 | +61.9%in September 1998 | +16.2%in October 2015 | +176.7%in November 2002 | +27.8%in December 1998 |
| Worst | -45.6%in January 2002 | -20.1%in February 2001 | -36.1%in March 2001 | -13.5%in April 1999 | -23.8%in May 2002 | -16.4%in June 2001 | -34.9%in July 2002 | -34.4%in August 1998 | -35.6%in September 2002 | -20.7%in October 2001 | -26.4%in November 2000 | -11.5%in December 2024 |
−45.6%+176.7%
2026
Jan+2.1%
Feb+7.0%
Mar-10.0%
Apr+5.9%
May+2.3%
Jun+0.1%
Jul—
Aug—
Sep—
Oct—
Nov—
Dec—
2025
Jan+0.8%
Feb+11.2%
Mar+5.8%
Apr+4.4%
May-4.8%
Jun+3.8%
Jul-5.7%
Aug-2.2%
Sep-4.8%
Oct-6.9%
Nov+1.3%
Dec-2.2%
2024
Jan-9.4%
Feb+1.6%
Mar-0.6%
Apr-12.4%
May+14.1%
Jun+0.1%
Jul+13.4%
Aug+1.7%
Sep+3.8%
Oct-7.5%
Nov-2.1%
Dec-11.5%
2023
Jan+5.4%
Feb-11.4%
Mar+3.2%
Apr+0.8%
May-9.8%
Jun+6.0%
Jul-1.9%
Aug-4.7%
Sep-9.3%
Oct+9.4%
Nov+17.2%
Dec+4.2%
2022
Jan-14.0%
Feb-9.8%
Mar+10.7%
Apr-3.5%
May+6.3%
Jun+0.4%
Jul+6.0%
Aug-6.2%
Sep-15.5%
Oct-2.8%
Nov+6.8%
Dec-3.5%
2021
Jan+1.3%
Feb-4.9%
Mar+10.6%
Apr+7.1%
May+0.3%
Jun+6.3%
Jul+4.7%
Aug+3.3%
Sep-8.7%
Oct+6.2%
Nov-6.9%
Dec+12.0%
2020
Jan+0.8%
Feb-2.1%
Mar-4.0%
Apr+9.8%
May+8.5%
Jun+0.6%
Jul+1.1%
Aug-4.7%
Sep-2.5%
Oct-5.0%
Nov+0.7%
Dec-2.4%
2019
Jan+9.3%
Feb+1.9%
Mar+11.9%
Apr-0.4%
May+6.9%
Jun-1.6%
Jul+3.5%
Aug+8.8%
Sep-3.5%
Oct-1.4%
Nov-1.9%
Dec+7.9%
2018
Jan+3.5%
Feb-5.7%
Mar+4.3%
Apr-5.7%
May+1.5%
Jun+4.8%
Jul+2.8%
Aug+0.6%
Sep-2.0%
Oct+7.2%
Nov+5.6%
Dec-3.3%
2017
Jan-2.1%
Feb+10.9%
Mar+5.9%
Apr+4.1%
May+4.2%
Jun+1.4%
Jul+3.0%
Aug+8.6%
Sep-7.2%
Oct+5.1%
Nov+0.2%
Dec-0.4%
2016
Jan-2.7%
Feb-2.3%
Mar+11.0%
Apr+2.9%
May+0.9%
Jun+7.9%
Jul+1.9%
Aug-2.1%
Sep+0.5%
Oct+3.4%
Nov-12.7%
Dec+3.9%
2015
Jan-1.9%
Feb+2.3%
Mar-5.0%
Apr+0.8%
May-1.9%
Jun+1.0%
Jul+2.0%
Aug-3.1%
Sep-4.1%
Oct+16.2%
Nov-2.8%
Dec-1.9%
2014
Jan+1.3%
Feb+0.7%
Mar+0.5%
Apr+2.4%
May+7.3%
Jun+0.8%
Jul+4.9%
Aug+4.5%
Sep-4.7%
Oct+4.1%
Nov+7.7%
Dec-5.5%
2013
Jan-1.4%
Feb+1.9%
Mar-0.9%
Apr+9.6%
May-7.3%
Jun-5.7%
Jul-3.2%
Aug-1.8%
Sep+7.1%
Oct+7.0%
Nov-2.0%
Dec+3.0%
2012
Jan+5.8%
Feb-1.5%
Mar+0.7%
Apr+4.4%
May-1.1%
Jun+8.1%
Jul+3.4%
Aug-2.7%
Sep+1.7%
Oct+5.5%
Nov-0.5%
Dec+3.4%
2011
Jan-1.5%
Feb+6.1%
Mar-4.0%
Apr+0.9%
May+6.1%
Jun-5.7%
Jul+0.4%
Aug+2.5%
Sep-0.1%
Oct+2.4%
Nov+7.1%
Dec+2.3%
2010
Jan-1.7%
Feb+0.5%
Mar-0.1%
Apr-4.2%
May-0.7%
Jun+9.8%
Jul+3.9%
Aug+1.3%
Sep+9.4%
Oct+0.7%
Nov-2.0%
Dec+2.1%
2009
Jan+3.5%
Feb-4.0%
Mar+4.5%
Apr+4.4%
May+0.3%
Jun-1.1%
Jul+8.1%
Aug-7.1%
Sep+15.0%
Oct+1.2%
Nov+11.1%
Dec+5.6%
2008
Jan-12.1%
Feb+2.7%
Mar+2.0%
Apr+10.7%
May+5.3%
Jun-7.6%
Jul-0.8%
Aug-1.3%
Sep-13.0%
Oct-10.2%
Nov-15.7%
Dec+7.6%
2007
Jan+6.8%
Feb-2.8%
Mar+0.6%
Apr-2.5%
May+13.6%
Jun-2.7%
Jul-0.8%
Aug-4.9%
Sep+9.9%
Oct+1.5%
Nov+3.1%
Dec-6.5%
2006
Jan+14.2%
Feb+2.9%
Mar-4.7%
Apr+12.6%
May-9.3%
Jun+0.5%
Jul+8.6%
Aug+6.1%
Sep+1.8%
Oct-1.3%
Nov+5.2%
Dec-1.6%
2005
Jan-1.6%
Feb+1.2%
Mar-0.6%
Apr-5.5%
May+4.7%
Jun+16.5%
Jul+9.4%
Aug+3.7%
Sep+4.6%
Oct-4.4%
Nov+14.4%
Dec-0.7%
2004
Jan+1.6%
Feb+0.5%
Mar+2.7%
Apr+9.8%
May+11.0%
Jun+10.0%
Jul-4.9%
Aug+2.9%
Sep+3.1%
Oct+11.9%
Nov+5.5%
Dec+1.5%
2003
Jan+44.2%
Feb-7.8%
Mar+17.8%
Apr+20.3%
May+34.8%
Jun-1.2%
Jul+2.9%
Aug+24.9%
Sep-10.8%
Oct+14.3%
Nov-1.9%
Dec-4.9%
2002
Jan-45.6%
Feb-6.1%
Mar+13.6%
Apr-9.2%
May-23.8%
Jun-9.4%
Jul-34.9%
Aug+9.8%
Sep-35.6%
Oct-11.2%
Nov+176.7%
Dec-9.5%
2001
Jan-4.4%
Feb-20.1%
Mar-36.1%
Apr+44.9%
May-7.7%
Jun-16.4%
Jul-18.0%
Aug-14.7%
Sep-4.0%
Oct-20.7%
Nov-20.1%
Dec+7.6%
2000
Jan+17.4%
Feb+37.3%
Mar+0.3%
Apr-5.7%
May-20.2%
Jun+12.3%
Jul+2.9%
Aug-15.1%
Sep+3.6%
Oct+8.6%
Nov-26.4%
Dec+25.7%
1999
Jan-12.9%
Feb+4.1%
Mar-8.6%
Apr-13.5%
May+6.2%
Jun+6.6%
Jul-3.4%
Aug-1.9%
Sep-13.7%
Oct-2.9%
Nov+37.1%
Dec+17.0%
1998
Jan—
Feb—
Mar+15.8%
Apr+14.3%
May-2.1%
Jun+10.8%
Jul-3.8%
Aug-34.4%
Sep+61.9%
Oct-14.2%
Nov+5.8%
Dec+27.8%
Avg
Jan+0.2%
Feb+0.5%
Mar+1.6%
Apr+3.7%
May+1.6%
Jun+2.0%
Jul+0.2%
Aug-1.0%
Sep-0.6%
Oct+0.6%
Nov+7.5%
Dec+2.8%
Median
Jan+0.8%
Feb+0.6%
Mar+0.7%
Apr+2.9%
May+1.5%
Jun+0.9%
Jul+2.4%
Aug-1.6%
Sep-2.3%
Oct+1.3%
Nov+1.0%
Dec+1.8%
Last 5Y Avg
Jan-3.0%
Feb-0.3%
Mar+1.8%
Apr-1.0%
May+1.6%
Jun+3.3%
Jul+3.3%
Aug-1.6%
Sep-6.9%
Oct-0.3%
Nov+3.2%
Dec-0.2%
Std Dev (σ)
Jan14.2%
Feb9.8%
Mar10.1%
Apr11.2%
May10.9%
Jun7.2%
Jul9.0%
Aug10.1%
Sep15.7%
Oct8.7%
Nov35.2%
Dec9.2%
Consistency (μ/σ)
Jan0.02
Feb0.05
Mar0.16
Apr0.33
May0.14
Jun0.28
Jul0.02
Aug-0.10
Sep-0.04
Oct0.07
Nov0.21
Dec0.30
Win Rate (%)
Jan54%
Feb57%
Mar62%
Apr66%
May62%
Jun68%
Jul64%
Aug46%
Sep43%
Oct57%
Nov57%
Dec54%
Winning / Losing Months
Jan▲15▼13
Feb▲16▼12
Mar▲18▼11
Apr▲19▼10
May▲18▼11
Jun▲19▼9
Jul▲18▼10
Aug▲13▼15
Sep▲12▼16
Oct▲16▼12
Nov▲16▼12
Dec▲15▼13
Longest Win / Loss Streak
Jan▲4▼3
Feb▲3▼4
Mar▲4▼2
Apr▲7▼2
May▲7▼3
Jun▲6▼3
Jul▲9▼2
Aug▲5▼4
Sep▲4▼7
Oct▲10▼2
Nov▲4▼2
Dec▲6▼3
Best
Jan+44.2%2003
Feb+37.3%2000
Mar+17.8%2003
Apr+44.9%2001
May+34.8%2003
Jun+16.5%2005
Jul+13.4%2024
Aug+24.9%2003
Sep+61.9%1998
Oct+16.2%2015
Nov+176.7%2002
Dec+27.8%1998
Worst
Jan-45.6%2002
Feb-20.1%2001
Mar-36.1%2001
Apr-13.5%1999
May-23.8%2002
Jun-16.4%2001
Jul-34.9%2002
Aug-34.4%1998
Sep-35.6%2002
Oct-20.7%2001
Nov-26.4%2000
Dec-11.5%2024
−45.6%+176.7%
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