American Tower Corporation (AMT)
NYSE: AMT · Real-Time Price · USD
187.78
+1.90 (1.02%)
At close: Oct 30, 2026, 4:00 PM EDT
187.69
-0.09 (-0.05%)
After-hours: Oct 30, 2026, 7:57 PM EDT
American Tower Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Rental Revenue | 10,765 | 10,305 | 9,934 | 9,869 | 9,404 | 9,110 |
Other Revenue | 244.7 | 339.6 | 193.7 | 143 | 241.1 | 247.3 |
| 11,010 | 10,645 | 10,127 | 10,012 | 9,645 | 9,357 | |
Revenue Growth (YoY | 5.31% | 5.11% | 1.15% | 3.80% | 3.08% | 16.36% |
Property Expenses | 2,916 | 2,748 | 2,574 | 2,562 | 2,569 | 2,682 |
Selling, General & Administrative | 955.9 | 940.7 | 933.4 | 946 | 902.1 | 811.6 |
Depreciation & Amortization | 2,068 | 2,042 | 2,029 | 2,929 | 3,165 | 2,333 |
Other Operating Expenses | 61.4 | 48.1 | 10.6 | 90.5 | 98.5 | -25.1 |
Total Operating Expenses | 6,001 | 5,779 | 5,547 | 6,527 | 6,735 | 5,801 |
Operating Income | 5,009 | 4,866 | 4,580 | 3,486 | 2,911 | 3,556 |
Interest Expense | -1,412 | -1,359 | -1,405 | -1,388 | -1,136 | -870.9 |
Interest & Investment Income | 168.5 | 134 | 135.2 | 118.6 | 49.1 | 40.4 |
Currency Exchange Gain (Loss) | 139.5 | -809.4 | 308.3 | -330.6 | 451.4 | 557.9 |
Other Non-Operating Income | 103.5 | 111.9 | -1.1 | 4.3 | -16.7 | 8.2 |
EBT Excluding Unusual Items | 4,008 | 2,943 | 3,618 | 1,890 | 2,259 | 3,291 |
Merger & Restructuring Charges | -5.2 | -5.2 | -8.9 | -16.3 | 0.1 | -245 |
Impairment of Goodwill | - | - | - | -80 | - | - |
Gain (Loss) on Sale of Investments | -43 | 121.3 | 70.4 | - | - | - |
Gain (Loss) on Sale of Assets | 37.7 | 70.9 | -9.4 | -52.4 | -36.8 | -22.7 |
Asset Writedown | -100.7 | -100.7 | -68.6 | -200 | -147.3 | -173.7 |
Other Unusual Items | 11.5 | 14.7 | 23.4 | 10 | 11.5 | -20.6 |
Pretax Income | 3,891 | 3,044 | 3,625 | 1,529 | 2,086 | 2,829 |
Income Tax Expense | 507.1 | 415.7 | 366.3 | 90.8 | 112.8 | 261.8 |
Earnings From Continuing Operations | 3,384 | 2,629 | 3,259 | 1,439 | 1,973 | 2,568 |
Earnings From Discontinued Operations | - | - | -978.3 | -71.4 | -276.5 | - |
Net Income to Company | 3,384 | 2,629 | 2,280 | 1,367 | 1,697 | 2,568 |
Minority Interest in Earnings | -70.1 | -99 | -25.2 | 116.2 | 69.1 | 0.1 |
Net Income | 3,314 | 2,530 | 2,255 | 1,483 | 1,766 | 2,568 |
Net Income to Common | 3,314 | 2,530 | 2,255 | 1,483 | 1,766 | 2,568 |
Net Income Growth | 12.77% | 12.17% | 52.03% | -16.00% | -31.23% | 51.88% |
Basic Shares Outstanding | 466 | 468 | 467 | 466 | 462 | 451 |
Diluted Shares Outstanding | 467 | 469 | 468 | 467 | 463 | 453 |
Shares Change | -0.41% | 0.14% | 0.21% | 0.95% | 2.09% | 1.61% |
EPS (Basic) | 7.11 | 5.41 | 4.83 | 3.18 | 3.83 | 5.69 |
EPS (Diluted) | 7.11 | 5.40 | 4.82 | 3.18 | 3.81 | 5.66 |
EPS Growth | 13.38% | 12.03% | 51.71% | -16.66% | -32.64% | 49.34% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Dividend Per Share | 7.070 | 6.800 | 6.480 | 6.450 | 5.860 | 5.210 |
Dividend Growth | 5.21% | 4.94% | 0.46% | 10.07% | 12.48% | 15.01% |
Operating Margin | 45.49% | 45.71% | 45.23% | 34.82% | 30.18% | 38.00% |
Profit Margin | 30.10% | 23.76% | 22.27% | 14.82% | 18.31% | 27.44% |
EBITDA | 7,077 | 6,908 | 6,609 | 6,414 | 6,076 | 5,888 |
EBITDA Margin | 64.28% | 64.89% | 65.26% | 64.06% | 62.99% | 62.93% |
D&A For Ebitda | 2,068 | 2,042 | 2,029 | 2,929 | 3,165 | 2,333 |
EBIT | 5,009 | 4,866 | 4,580 | 3,486 | 2,911 | 3,556 |
EBIT Margin | 45.49% | 45.71% | 45.23% | 34.82% | 30.18% | 38.00% |
Funds From Operations (FFO) | 5,011 | 4,161 | 5,233 | 4,610 | 5,280 | 4,753 |
FFO Per Share | - | 8.88 | 11.18 | 9.87 | 11.41 | - |
Adjusted Funds From Operations (AFFO) | 5,153 | 5,042 | 4,934 | 4,612 | 4,517 | 4,373 |
AFFO Per Share | 11.05 | 10.76 | 10.54 | 9.87 | 9.76 | - |
FFO Payout Ratio | 65.29% | 75.88% | 58.76% | 63.98% | 49.82% | 47.78% |
Effective Tax Rate | 13.03% | 13.66% | 10.11% | 5.94% | 5.41% | 9.25% |
Revenue as Reported | 11,010 | 10,645 | 10,127 | 10,012 | 9,645 | 9,357 |