AMT - NYSE

American Tower Corporation

AMT·NYSE

$182.24

-1.8%

Real EstateREIT - Specialty

American Tower Corporation, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of approximately 219,000 communications sites. For more information about American Tower, please visit the Earnings Materials and Investor Presentations sections of our investor relations website at www.americantower.com.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$84.90B

EPS5.4000

P/E Ratio33.75

Earnings Date08/04/2026

10.65B

Revenue

3Y+10.0%

5Y+32.0%

10Y+84.0%

2.53B

Net Income

12%

3Y+43.0%

5Y+50.0%

10Y+165.0%

5.46B

Operating Cash Flow

3Y+48.0%

5Y+41.0%

10Y+102.0%

American Tower Corporation Profit Bridge

AMT · NYSE

Revenue & Cost of Sales

Revenue10.65B

Cost of Goods Sold (2.80B)

Gross Profit7.84B

Operating Expenses

Operating Expenses (2.96B)

Operating Income4.88B

Other Income & Taxes

Interest Expense (1.02B)

Other Income/Expense-1.84B

Pretax Income3.04B

Income Tax (415.70M)

Net Income2.53B

Net Income

2.53B

Profitability Analysis

Gross Margin

73.7%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

45.8%

Outstanding operational efficiency. The company generates substantial profit from core operations.

Net Profit Margin

23.8%

Exceptional profitability. The company converts a significant portion of revenue to bottom-line earnings.

Effective Tax Rate

13.7%

Below-average tax rate suggests effective tax planning, favorable jurisdictions, or tax credits.

Profitability Insight

Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.

American Tower Corporation Income Statement

AMT • NYSE

American Tower Corporation Income Statement	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009	Dec 2008	Dec 2007	Dec 2006
REVENUE
Revenue	10.6B	10.1B	10B	9.6B	9.4B	8B	7.6B	7.4B	6.7B	5.8B	4.8B	4.1B	3.4B	2.9B	2.4B	2B	1.7B	1.6B	1.5B	1.3B
GROSS PROFIT
Cost of Revenue	(2.8B)	(2.6B)	(2.6B)	(2.6B)	(2.7B)	(2.2B)	(2.2B)	(2.2B)	(2.1B)	(1.8B)	(1.3B)	(1.1B)	(858.3M)	(720.7M)	(621M)	(474.6M)	(416.4M)	(389.9M)	(359.6M)	(343.5M)
Gross Profit	7.8B	7.6B	7.5B	7.1B	6.7B	5.8B	5.4B	5.3B	4.6B	4B	3.5B	3B	2.5B	2.2B	1.8B	1.5B	1.3B	1.2B	1.1B	973.8M
OPERATING INCOME
Operating Expenses	(3B)	(3B)	(4.3B)	(4.3B)	(3.5B)	(2.9B)	(2.7B)	(3.4B)	(2.6B)	(2.1B)	(1.9B)	(1.5B)	(1.3B)	(1B)	(902.4M)	(726.4M)	(635.5M)	(596.9M)	(718.6M)	(687.4M)
Selling, General & Administrative	(944.2M)	(933.4M)	(946M)	(902.1M)	(811.6M)	(778.7M)	(733.2M)	(733.2M)	(639.9M)	(545.8M)	(499.9M)	(448.4M)	(417.1M)	(329.1M)	(288.8M)	(229.8M)	(201.7M)	(180.4M)	(186.5M)	(159.3M)
Operating Income	4.9B	4.5B	3.1B	2.7B	3.1B	2.9B	2.7B	1.9B	2B	1.9B	1.6B	1.5B	1.2B	1.1B	920.1M	784.4M	672.3M	606.8M	378.4M	286.5M
PRE-TAX INCOME
Interest Expense	(1B)	(1.4B)	(1.4B)	(1.1B)	(870.9M)	(793.5M)	(814.2M)	(825.6M)	(750.8M)	(718.3M)	(584.7M)	(569.7M)	(436.1M)	(387.4M)	(311.9M)	(246M)	(249.8M)	(253.6M)	(14.2M)	(14.2M)
Net Interest Income	-924.3M	-1.3B	-1.3B	-1.1B	-830.5M	-753.8M	-767.4M	-770.9M	-703.4M	-680.6M	-568.2M	-555.7M	-426.4M	-379.7M	-290.3M	-226.8M	-233.9M	-235.9M	-3.4M	-5.2M
Other Expenses	(2B)	(2.1B)	(3.4B)	(3.4B)	(2.7B)	(2.1B)	(1.9B)	(23.8M)	(31.3M)	-47.8M	-135M	-62.1M	-207.5M	-38.3M	(613.6M)	(496.6M)	(433.8M)	(405.3M)	(532.1M)	(528.1M)
Total Other Income Expenses Net	-1.8B	-891.7M	-1.6B	-652.6M	-302.6M	-1.1B	-772M	-750.4M	-742.3M	-727.1M	-782.8M	-621.2M	-672.6M	-418.4M	-413.2M	-228.4M	-250.8M	-234.8M	-225.5M	-215.6M
Income Before Tax	3B	3.6B	1.5B	2.1B	2.8B	1.8B	1.9B	1.2B	1.3B	1.1B	830M	865.7M	541.7M	701.3M	506.9M	556M	421.5M	371.9M	152.8M	70.9M
NET INCOME
Income Tax Expense	(415.7M)	(366.3M)	(90.8M)	(112.8M)	(261.8M)	(129.6M)	-200K	-110.1M	(30.7M)	(155.5M)	(158M)	(62.5M)	(59.5M)	(107.3M)	(125.1M)	(182.5M)	(182.6M)	(135.5M)	(59.8M)	(41.8M)
Net Income	2.5B	2.3B	1.5B	1.8B	2.6B	1.7B	1.9B	1.2B	1.2B	956.4M	685.1M	824.9M	551.3M	637.3M	392.7M	372.9M	246.6M	347.2M	56.3M	27.5M

SEC Filings

AMT - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	June 02, 2026	June 02, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 27, 2026	May 27, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 21, 2026	May 20, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 19, 2026	May 19, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 07, 2026	May 07, 2026	2026	View Filing
10-Q 10-Q 2026 Q1 Q1	April 28, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 28, 2026	April 28, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	April 08, 2026	May 20, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 10, 2026	March 06, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 05, 2026	March 05, 2026	2026	View Filing

Showing 1 to 10 of 774 filings

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