American Tower Corporation (AMT)

American Tower Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Quarter	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021
Period Ending	Jun 30, 2026	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021
Rental Revenue	2,688	2,670	2,673	2,616	2,527	2,488	2,484	2,470	2,497	2,482	-	2,495	-	2,715	2,645	2,610	2,615	2,601	2,378	2,369
Other Revenue	61.3	67.6	64.4	101.1	99.5	74.6	63.7	52.4	47.4	30.2	-	26.2	-	52.7	60.2	61.6	59.8	59.5	67.2	85.4
Total Revenue	2,749	2,738	2,738	2,717	2,627	2,563	2,548	2,522	2,545	2,513	-	2,521	-	2,767	2,705	2,672	2,674	2,660	2,445	2,454
Revenue Growth (YoY (YoY)	4.65%	6.82%	7.45%	7.74%	3.23%	2.00%	-	0.05%	-	-9.20%	-	-5.63%	-	4.02%	10.63%	8.85%	16.33%	23.25%	15.20%	21.93%
Property Expenses	741.3	703.3	714.1	710.8	688.7	634.5	654.4	651.8	649.3	618.9	-	638	-	806.1	805	836.5	822.9	799.4	735.5	724.3
Selling, General & Administrative	233.8	257.4	236.5	233	233.7	237.5	243.1	227.7	218.3	244.3	-	220.3	-	263.9	224.3	231.2	222.9	293.9	215.9	205.9
Depreciation & Amortization	514.4	518.2	515.9	522.9	510.3	492.5	500.9	498.5	520.6	508.8	-	723.2	-	794.1	814.7	898.1	826.5	815.8	643.9	611.4
Other Operating Expenses	11.2	1.9	40.7	14.9	-3.5	-2.2	15.9	1.2	-3.6	-0.4	-	16.8	-	17.7	-40.3	9.8	-2.9	6.2	-78.8	53
Total Operating Expenses	1,501	1,481	1,507	1,482	1,429	1,362	1,414	1,379	1,385	1,372	-	1,598	-	1,882	1,804	1,976	1,869	1,915	1,517	1,595
Operating Income	1,248	1,257	1,230	1,236	1,198	1,201	1,133	1,143	1,160	1,141	-	922.8	-	885.4	901.3	695.9	804.9	745	928.7	859.7
Interest Expense	-354.5	-347.3	-344.4	-347.1	-342.6	-325.3	-321.2	-356.8	-362.7	-363.8	-	-356.5	-	-340.2	-303.5	-294	-276.6	-262.4	-224.1	-226.1
Interest & Investment Income	44.4	36	40.4	36.1	30.6	26.9	32.1	37.7	34.4	31	-	33.3	-	30.8	28.6	18.8	14.3	9.9	12	9.4
Currency Exchange Gain (Loss)	42.1	68.1	2.3	18	-484	-345.7	539.7	-337.4	-21.7	127.7	-	239	-	-84.1	-661.9	474.5	394.7	242.1	135.8	180.5
Other Non-Operating Income	-0.3	-2.3	113.8	-1.2	-0.6	-0.1	-1.5	-0.1	0.4	0.1	-	-0.3	-	-14.9	-17.2	-0.4	0.9	1	-9.3	-13.7
EBT Excluding Unusual Items	980.1	1,011	1,042	941.6	401.1	556.3	1,382	486.5	810.5	936	-	838.3	-	477	-52.7	894.8	938.2	735.6	843.1	809.8
Merger & Restructuring Charges	-	-	-1.3	-2.5	-	-	-2.6	-1.8	-	-	-	-	-	-	-40.1	-43	-18.3	-15.7	-123.3	-32.2
Gain (Loss) on Sale of Investments	12	24.4	-7.9	10.9	110.7	7.6	-23.5	67.9	40.7	-14.7	-	-4.2	-	1.2	3.4	4.4	-17.3	9.5	-	-
Gain (Loss) on Sale of Assets	20.4	-	17.3	-	-	53.6	-9.4	-	-	-	-	-	-	-80	-28.4	-	-1.8	-	-22.7	-
Asset Writedown	-	-	-100.7	-	-	-	-68.6	-	-	-	-	-9.8	-	-29.8	-655.9	-	-2.5	-5.8	-173.7	-
Total Legal Settlements	-	-17.5	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Unusual Items	-3.2	-	15.1	-	-	-	27.4	-2.1	-3.9	-	-	-	-	-	15.1	-0.4	-	1.6	5.1	-
Pretax Income	1,009	1,018	964.9	950	511.8	617.5	1,306	550.5	847.3	921.3	-	824.3	-	368.4	-758.6	855.8	898.3	725.2	528.5	777.6
Income Tax Expense	121.8	139.6	128.1	37.4	131.3	118.9	75.2	122.4	77.4	91.3	-	49.5	-	53.4	-42	36.1	7.4	22.5	87.3	51.4
Earnings From Continuing Operations	887.5	878.5	836.8	912.6	380.5	498.6	1,231	428.1	769.9	830	-	774.8	-	315	-716.6	819.7	890.9	702.7	441.2	726.2
Earnings From Discontinued Operations	-	-	-	-	-	-	-	-1,209	138.5	91.7	-	-197.5	-	-	-	-	-	-	-	-
Net Income to Company	887.5	878.5	836.8	912.6	380.5	498.6	1,231	-780.4	908.4	921.7	-	577.3	-	315	-716.6	819.7	890.9	702.7	441.2	726.2
Minority Interest in Earnings	-20	-19	-16.1	-59.3	-13.7	-9.9	-0.9	-11.9	-8.1	-4.3	-	9.6	-	20.8	32.8	20	7.3	9	12.2	-3.2
Net Income	867.5	859.5	820.7	853.3	366.8	488.7	1,230	-792.3	900.3	917.4	-	586.9	-	335.8	-683.8	839.7	898.2	711.7	453.4	723
Net Income to Common	867.5	859.5	820.7	853.3	366.8	488.7	1,230	-792.3	900.3	917.4	-	586.9	-	335.8	-683.8	839.7	898.2	711.7	453.4	723
Net Income Growth (YoY)	136.50%	75.88%	-33.26%	-	-59.26%	-46.73%	-	-	-	173.20%	-	-30.11%	-	-52.82%	-	16.14%	20.35%	10.34%	24.19%	55.68%
Basic Shares Outstanding	466	466	468	468	468	468	467	467	467	467	-	466	-	466	466	466	459	456	456	455
Diluted Shares Outstanding	466	467	468	469	469	469	468	468	468	468	-	467	-	467	467	467	460	457	457	457
Shares Change (YoY)	-0.54%	-0.36%	0.00%	0.17%	0.22%	0.18%	-	0.24%	-	0.18%	-	0.08%	-	2.10%	2.09%	2.15%	1.65%	2.45%	2.42%	2.43%
EPS (Basic)	1.86	1.84	1.76	1.82	0.78	1.05	2.63	-1.70	1.93	1.97	-	1.26	-	0.72	-1.47	1.80	1.96	1.56	1.00	1.59
EPS (Diluted)	1.86	1.84	1.76	1.82	0.78	1.04	2.63	-1.69	1.93	1.97	-	1.26	-	0.72	-1.47	1.80	1.95	1.56	0.99	1.58
EPS Growth (YoY)	138.46%	76.92%	-33.25%	-	-59.50%	-47.11%	-	-	-	173.12%	-	-30.15%	-	-53.85%	-	13.92%	18.18%	7.59%	20.12%	51.92%

Additional Metrics

Fiscal Quarter	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021
Period Ending	Jun 30, 2026	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021
Dividend Per Share	1.790	1.790	1.700	1.700	1.700	1.700	1.620	1.620	1.620	1.620	-	1.620	-	1.560	1.560	1.470	1.430	1.400	1.390	1.310
Dividend Growth (YoY)	5.29%	5.29%	4.94%	4.94%	4.94%	4.94%	-	0%	-	3.85%	-	10.20%	-	11.43%	12.23%	12.21%	12.60%	12.90%	14.88%	14.91%
Operating Margin	45.41%	45.91%	44.94%	45.48%	45.59%	46.84%	44.48%	45.32%	45.59%	45.41%	-	36.60%	-	32.00%	33.32%	26.05%	30.10%	28.00%	37.98%	35.03%
Profit Margin	31.56%	31.40%	29.98%	31.40%	13.96%	19.07%	48.27%	-31.41%	35.38%	36.51%	-	23.28%	-	12.13%	-25.28%	31.43%	33.59%	26.75%	18.54%	29.46%
EBITDA	1,763	1,775	1,746	1,759	1,708	1,693	1,538	1,656	1,762	1,650	-	1,686	-	1,680	1,716	1,594	1,631	1,561	1,573	1,471
EBITDA Margin	64.12%	64.84%	63.79%	64.72%	65.02%	66.06%	60.38%	65.65%	69.26%	65.66%	-	66.86%	-	60.69%	63.44%	59.67%	61.00%	58.67%	64.31%	59.94%
D&A For Ebitda	514.4	518.2	515.9	522.9	510.3	492.5	404.9	512.8	602.3	508.8	606.9	762.9	764.6	794.1	814.7	898.1	826.5	815.8	643.9	611.4
EBIT	1,248	1,257	1,230	1,236	1,198	1,201	1,133	1,143	1,160	1,141	-	922.8	-	885.4	901.3	695.9	804.9	745	928.7	859.7
EBIT Margin	45.41%	45.91%	44.94%	45.48%	45.59%	46.84%	44.48%	45.32%	45.59%	45.41%	-	36.60%	-	32.00%	33.32%	26.05%	30.10%	28.00%	37.98%	35.03%
Funds From Operations (FFO)	1,249	1,279	1,318	1,262	764.7	816	1,682	857.4	1,350	1,344	857.9	1,537	1,133	1,083	613	1,617	1,649	1,400	1,105	1,308
FFO Per Share	2.68	2.74	2.81	2.69	1.63	1.74	3.59	1.83	2.89	2.87	1.84	3.29	2.46	2.32	1.31	3.46	2.51	3.06	2.42	2.86
Adjusted Funds From Operations (AFFO)	1,264	1,324	-	1,303	1,218	1,290	-	1,237	1,306	1,303	-	1,206	1,151	1,185	-	1,102	1,155	1,167	-	1,139
AFFO Per Share	2.71	2.84	-	2.78	2.60	2.75	-	2.64	2.79	2.79	-	2.58	2.46	2.54	-	2.36	2.51	2.55	-	2.49
FFO Payout Ratio	66.81%	63.07%	60.41%	63.09%	104.12%	94.18%	45.08%	-	56.08%	59.68%	88.13%	47.63%	64.25%	67.74%	111.66%	41.16%	38.74%	45.80%	53.99%	44.18%
Effective Tax Rate	12.07%	13.71%	13.28%	3.94%	25.65%	19.25%	5.76%	22.23%	9.13%	9.91%	-	6.00%	-	14.49%	-	4.22%	0.82%	3.10%	16.52%	6.61%
Revenue as Reported	2,749	2,738	2,738	2,717	2,627	2,563	2,548	2,522	2,545	2,513	-	2,521	-	2,767	2,705	2,672	2,674	2,660	2,445	2,454

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Oct 17, 2026

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