American Tower Corporation (AMT) Financial Statements
Historical financial data — 42 statements covering FY2016–FY2025
American Tower owns and operates about 150,000 wireless towers throughout the US, Asia, Latin America, Europe, and Africa. It also owns and/or operates 30 data centers in 11 US markets through its...
American Tower Corporation's revenue increased 5.1% year over year, from $10.13B to $10.64B.
Net income increased 12.2% over the same period, from $2.25B to $2.53B.
Over the 9-year period from FY2016 to FY2025, revenue grew by 84% in total.
Total debt remained relatively stable at $33.83B.
The debt-to-equity ratio stands at 9.26, indicating a high leverage profile.
Operating cash flow grew 3.3% to $5.46B.
American Tower Corporation maintains a strong net profit margin of 23.8%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q3 FY2024 | $1.85B-36.4% | $-792.3M | $1.82B | $915.5M | $1.47B | $62.82B | $33.37B | $3.64B |
| Q4 FY2024 | $2.55B+38.1% | $1.23B | $2.52B | $1.08B | $1.20B | $61.08B | $32.81B | $3.38B |
| Q1 FY2025 | $2.56B+0.6% | $488.7M | $2.53B | $1.25B | $1.29B | $62.06B | $34.05B | $3.53B |
| Q2 FY2025 | $2.63B+2.5% | $366.8M | $2.58B | $1.20B | $1.28B | $63.75B | $35.19B | $3.71B |
| Q3 FY2025 | $2.72B+3.4% | $853.3M | $2.66B | $1.23B | $1.46B | $63.89B | $34.85B | $3.95B |
| Q4 FY2025 | $2.74B+0.7% | $820.7M | $2.70B | $1.16B | $1.43B | $63.19B | $33.83B | $3.65B |
| Q1 FY2026 | $2.74B+0.0% | $859.5M | $2.70B | $1.24B | $1.40B | N/A | N/A | N/A |
| Q2 FY2026 | $2.75B+0.4% | $867.5M | $2.72B | $1.27B | $1.49B | N/A | N/A | N/A |
Balance Sheet Summary (FY2025)
American Tower Corporation (AMT) Financial Statements & Revenue History
American Tower Corporation (AMT) is a US-listed stock operating in the Real Estate sector, specifically the Real Estate Investment Trusts industry trading at $185.00 with a market capitalization of $86. This page provides 42 historical financial statements for American Tower Corporation, including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, American Tower Corporation reported revenue of $10.6 billion, representing 5.1% year-over-year growth. The net profit margin of 23.8% reflects strong profitability. The debt-to-equity ratio of 9.26 signals high leverage.
AMT Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows American Tower Corporation's revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether AMT is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track AMT's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently American Tower Corporation converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of AMT's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use AMT Financial Data
Investors use American Tower Corporation's financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare AMT's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how AMT's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View AMT's financial health score, earnings, and pre-market pricing.
Financial data is sourced from American Tower Corporation's SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.AMT trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.