American Tower Corporation (AMT)
NYSE: AMT · Real-Time Price · USD
171.50
+4.76 (2.85%)
At close: Jul 28, 2026, 4:00 PM EDT
171.66
+0.16 (0.09%)
After-hours: Jul 28, 2026, 7:47 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 | Jun '26 Jun 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 |
Property Revenue | 10,647 | 10,305 | 9,934 | 9,869 | 9,404 | 9,110 |
Service and Other Revenue | 294.4 | 339.6 | 193.7 | 143 | 241.1 | 247.3 |
| 10,942 | 10,645 | 10,127 | 10,012 | 9,645 | 9,357 | |
Revenue Growth | 6.65% | 5.11% | 1.15% | 3.80% | 3.08% | 16.36% |
Property Expenses | 2,707 | 2,574 | 2,482 | 2,501 | 2,462 | 2,585 |
Service and Other Expenses | 162.9 | 174 | 92.6 | 60.1 | 107.4 | 96.7 |
Total Property Expenses | 2,870 | 2,748 | 2,574 | 2,562 | 2,569 | 2,682 |
Gross Profit | 8,072 | 7,897 | 7,553 | 7,451 | 7,076 | 6,675 |
Selling, General & Admin | 960.7 | 940.7 | 933.4 | 946 | 902.1 | 811.6 |
Depreciation & Amortization Expenses | 2,071 | 2,042 | 2,029 | 2,929 | 3,165 | 2,333 |
Other Operating Expenses | 137.9 | 68.4 | 74.1 | 450.7 | 270.6 | 398.7 |
Operating Income | 4,902 | 4,846 | 4,517 | 3,126 | 2,739 | 3,132 |
Interest Income | 156.9 | 134 | 135.2 | 118.6 | 49.1 | 40.4 |
Interest Expense | -1,393 | -1,359 | -1,405 | -1,388 | -1,136 | -870.9 |
Other Non-Operating Income (Expense) | 276.7 | -576.2 | 377.6 | -326.6 | 434.3 | 527.9 |
Total Non-Operating Income (Expense) | -959.7 | -1,802 | -891.7 | -1,596 | -652.6 | -302.6 |
Pretax Income | 3,942 | 3,044 | 3,625 | 1,529 | 2,086 | 2,829 |
Provision for Income Taxes | 426.9 | 415.7 | 366.3 | 90.8 | 112.8 | 261.8 |
Net Income | 3,515 | 2,629 | 3,259 | 1,439 | 1,973 | 2,568 |
Minority Interest in Earnings | 98.3 | 99 | 25.2 | -116.2 | -69.1 | -0.1 |
Earnings From Discontinued Operations | - | - | -978.3 | -71.4 | - | - |
Net Income to Common | 3,401 | 2,530 | 2,255 | 1,483 | 1,766 | 2,568 |
Net Income Growth | 163.07% | 12.17% | 52.03% | -16.00% | -31.23% | 51.88% |
Shares Outstanding (Basic) | 467 | 468 | 467 | 466 | 462 | 451 |
Shares Outstanding (Diluted) | 468 | 469 | 468 | 467 | 463 | 453 |
Shares Change | -0.18% | 0.14% | 0.21% | 0.95% | 2.09% | 1.61% |
EPS (Basic) | 7.28 | 5.41 | 4.83 | 3.18 | 4.43 | 5.69 |
EPS (Diluted) | 7.27 | 5.40 | 4.82 | 3.18 | 4.41 | 5.66 |
EPS Growth | 164.36% | 12.03% | 51.57% | -27.89% | -22.09% | 49.34% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 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 |
Free Cash Flow | 3,960 | 3,784 | 3,701 | 2,924 | 1,823 | 3,443 |
Free Cash Flow Growth | 5.85% | 2.25% | 26.54% | 60.45% | -47.07% | 20.83% |
Free Cash Flow Per Share | 8.47 | 8.07 | 7.91 | 6.26 | 3.94 | 7.60 |
Dividends Per Share | 3.400 | 6.800 | 6.480 | 6.450 | 5.860 | 5.210 |
Dividend Growth | -48.80% | 4.94% | 0.46% | 10.07% | 12.48% | 15.01% |
Gross Margin | 73.77% | 74.18% | 74.58% | 74.42% | 73.36% | 71.34% |
Operating Margin | 44.80% | 45.52% | 44.60% | 31.22% | 28.39% | 33.47% |
Profit Margin | 32.13% | 24.69% | 32.18% | 14.37% | 20.46% | 27.44% |
FCF Margin | 36.19% | 35.54% | 36.54% | 29.21% | 18.90% | 36.80% |
EBITDA | 6,973 | 6,887 | 6,641 | 6,212 | 6,094 | 5,465 |
EBITDA Margin | 63.73% | 64.70% | 65.58% | 62.04% | 63.18% | 58.40% |
EBIT | 4,902 | 4,846 | 4,517 | 3,126 | 2,739 | 3,132 |
EBIT Margin | 44.80% | 45.52% | 44.60% | 31.22% | 28.39% | 33.47% |
Effective Tax Rate | 10.83% | 13.66% | 10.11% | 5.94% | 5.41% | 9.25% |