• American Tower average pre-tax profit margin for 2023 was 10.82%, a 57.73% increase from 2022.
• American Tower average pre-tax profit margin for 2022 was 25.6%, a 10.36% decline from 2021.
• American Tower average pre-tax profit margin for 2021 was 28.56%, a 19.3% decline from 2020.

Pre-tax profit margin can be defined as earnings before taxes as a portion of total revenue.