American Tower (AMT) | Financial Analysis & Statements

American Tower Corporation | Large-cap | Real Estate

$221.75

-0.48%

American Tower vs Equinix American Tower vs Digital Realty American Tower vs Crown Castle American Tower vs Iron Mountain American Tower vs SBA Communications American Tower vs S&P 500 | Market

Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 10.1B

Gross Profit 7.6B 74.58%

Operating Income 4.6B 45.45%

Net Income 2.3B 22.52%

Balance Sheet Metrics

Total Assets 61.1B

Total Liabilities 51.4B

Shareholders Equity 9.6B

Debt to Equity 5.33

Cash Flow Metrics

Operating Cash Flow 4.3B

Free Cash Flow 3.7B

Revenue & Profitability Trend

American Tower Income Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Revenue	10.1B	11.1B	10.7B	9.4B	8.0B
Cost of Goods Sold	2.6B	3.3B	3.3B	2.7B	2.2B
Gross Profit	7.6B	7.9B	7.4B	6.7B	5.8B
Operating Expenses	921.0M	1.0B	1.1B	1.0B	804.4M
Operating Income	4.6B	3.8B	3.0B	3.3B	3.1B
Pre-tax Income	3.6B	1.5B	1.7B	2.8B	1.8B
Income Tax	366.3M	154.2M	24.0M	261.8M	129.6M
Net Income	2.3B	1.4B	1.7B	2.6B	1.7B
EPS (Diluted)	-	$3.18	$3.82	$5.66	$3.79

Income Statement Trend

American Tower Balance Sheet From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Assets
Current Assets	3.2B	3.7B	3.6B	3.7B	2.9B
Non-Current Assets	57.9B	62.3B	63.6B	66.2B	44.3B
Total Assets	61.1B	66.0B	67.2B	69.9B	47.2B
Liabilities
Current Liabilities	7.1B	7.2B	8.3B	9.1B	3.7B
Non-Current Liabilities	44.4B	47.9B	46.5B	51.8B	38.8B
Total Liabilities	51.4B	55.2B	54.8B	60.8B	42.5B
Equity
Total Shareholders Equity	9.6B	10.9B	12.4B	9.1B	4.8B

Balance Sheet Composition

American Tower Cash Flow Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Operating Activities
Net Income	2.3B	1.4B	1.7B	2.6B	1.7B
Operating Cash Flow	4.3B	3.9B	3.6B	5.1B	3.2B
Investing Activities
Capital Expenditures	-1.6B	-1.8B	-1.9B	-1.4B	-1.0B
Investing Cash Flow	410.6M	-1.7B	-2.4B	-20.7B	-4.8B
Financing Activities
Dividends Paid	-3.1B	-2.9B	-2.6B	-2.3B	-1.9B
Financing Cash Flow	-5.5B	-3.1B	-1.5B	16.3B	1.1B
Free Cash Flow	3.7B	2.9B	1.8B	3.4B	2.8B

Cash Flow Trend

American Tower Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 35.19

Forward P/E 32.03

Price to Book 28.80

Price to Sales 10.00

PEG Ratio 32.03

Profitability Ratios

Profit Margin 17.94%

Operating Margin 46.84%

Return on Equity 28.42%

Return on Assets 4.53%

Financial Health

Current Ratio 0.56

Debt to Equity 446.68

Beta 0.83

Per Share Data

EPS (TTM) $6.18

Book Value per Share $7.55

Revenue per Share $21.78

Peer Financial Comparison

Company	Market Cap	P/E Ratio	P/B Ratio	ROE	Profit Margin	Debt/Equity
amt	101.8B	35.19	28.80	28.42%	17.94%	446.68
Equinix	87.1B	93.29	6.27	7.06%	10.52%	141.24
Digital Realty	60.2B	167.07	2.87	1.85%	7.81%	79.55
Crown Castle	44.6B	36.57	-35.60	-163.21%	-71.80%	-23.68
Iron Mountain	29.9B	247.15	-73.10	-79.54%	1.95%	-41.22
SBA Communications	25.4B	31.25	-5.19	-14.83%	30.37%	-2.98

Financial data is updated regularly. All figures are in the company's reporting currency.