Company research / AMT

American Tower Corp (AMT)

SEC name AMERICAN TOWER CORP /MA/ · CIK 0001053507 · NYSE · Real Estate Investment Trusts

  • Sector Finance & Real Estate
  • Incorporated DE
  • Fiscal year ends Dec 31

For the year ended 2025-12-31, American Tower Corp reported revenue of $10.64B. Revenue grew 5.1% from the prior annual period. Over the twelve months to 2026-06-30, revenue was $10.94B.

Key ratios (year ended 2025-12-31)

45.5%
Operating margin
24.7%
Net margin
25.4%
Return on year-end equity
5.1%
Revenue growth (YoY)

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Latest selected filing: Form 4 (ownership change) · 2026-10-05

Headquarters locality: Boston · View on map

Annual financials

Annual flows and balances are grouped by their actual period end. Select a figure to open its SEC filing. n/a means a matching observation is unavailable. Free cash flow is operating cash flow minus capital expenditures, and EBITDA is operating income plus depreciation and amortization, for the same period, computed by TickerFacts.

The first column covers the twelve months to 2026-06-30 from the latest quarterly report: flows are the last fiscal year plus this year to date minus the same months a year earlier, and balances are as of that date. Per-share figures are annual only.

Period endedTTM to
2026-06-30
2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Revenue$10.94B$10.64B$10.13B$10.01B$9.65B$9.36B$8.04B$7.58B$7.44B$6.66B$5.79B
Cost of Revenuen/an/an/an/an/an/an/a$43.10M$49.10M$34.60Mn/a
Operating Income$4.90B$4.85B$4.52B$3.13B$2.74B$3.13B$2.89B$2.69B$1.91B$2.00B$1.85B
Depreciation & Amortization$2.07B$2.04B$2.03B$2.93B$3.16B$2.33B$1.88B$1.78B$2.11B$1.72B$1.53B
EBITDA$6.97B$6.89B$6.55B$6.05B$5.90B$5.46B$4.77B$4.47B$4.02B$3.71B$3.38B
Net Income$3.52B$2.63B$2.28B$1.37B$1.70B$2.57B$1.69B$1.92B$1.26B$1.23B$970.40M
EPS (Diluted)n/a$5.40$4.82$3.18$3.82$5.66$3.79$4.24$2.77$2.67$1.98
Total Assets$63.30B$63.19B$61.08B$66.03B$67.19B$69.89B$47.23B$42.80B$33.01B$33.21B$30.88B
Total Liabilities$53.05B$52.84B$51.43B$55.16B$54.79B$60.82B$42.45B$36.21B$26.11B$25.26B$22.81B
Long-Term Debtn/an/an/an/a$38.90B$43.50Bn/a$1.90M$21.16B$20.21B$18.53B
Shareholders' Equity$10.25B$10.36B$9.65B$10.87B$12.41B$9.07B$4.57B$5.49B$5.90B$6.83B$6.98B
Cash & Equivalents$1.76B$1.47B$2.00B$1.75B$1.55B$1.95B$1.75B$1.50B$1.21B$802.10M$787.20M
Operating Cash Flow$5.77B$5.46B$5.29B$4.72B$3.70B$4.82B$3.88B$3.75B$3.75B$2.93B$2.70B
Capital Expenditures$1.82B$1.68B$1.59B$1.80B$1.87B$1.38B$1.03B$991.30M$913.20M$803.60M$682.50M
Free Cash Flow$3.96B$3.78B$3.70B$2.92B$1.82B$3.44B$2.85B$2.76B$2.84B$2.12B$2.02B
Share Repurchases$567.50M$364.60M$0$0$18.80M$0$56.00M$19.60M$232.80M$766.30M$0
Dividends Paidn/a$3.18B$3.03B$3.01B$2.72B$2.27B$1.93B$1.60B$1.32B$1.07B$886.10M
Shares Outstanding465.96M466.32M467.38M466.30M465.62M455.77M444.33M442.89M441.06M428.82M427.10M
Dividends Per Sharen/a$6.72$6.56$6.31$4.30n/an/an/an/an/an/a
Weighted Average Diluted Sharesn/a468.76M468.12M467.16M462.75M453.29M446.10M445.52M442.96M431.69M429.28M
EPS (Basic)n/a$5.41$4.83$3.18$3.83$5.69$3.81$4.27$2.79$2.69$2.00

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