American Tower Corp

American Tower Corp

AMT · NYSE · Real Estate / REIT - Specialty

191.64USD+1.85 (+0.97%)

Price History

Full chart

Market Stats

Previous Close189.79
Open190.10
Day Range189.27 – 191.88
52-Week Range158.35 – 202.50
Volume1.38M
Market Cap87.73B
P/E (TTM)25.90
Forward P/E27.40
EPS7.27
Dividend Yield3.79%
Beta0.89
50-Day Avg174.69
200-Day Avg177.07

About

American Tower Corporation one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of over 148,000 communications sites and a highly interconnected footprint of U.S. data center facilities. American Tower Corporation was incorporated in 1995 in Delaware and is based in Massachusetts, Boston.

Company Details

  • SectorReal Estate
  • IndustryREIT - Specialty
  • CEOMr. Steven O. Vondran J.D.
  • Employees4.87K
  • Headquarters222 Berkeley Street, Boston, MA, United States, 02116, USA
  • Websitehttps://www.americantower.com

Leadership

  • Mr. Steven O. Vondran J.D.President, CEO & Director · b. 1971
  • Mr. Rodney M. SmithExecutive VP, CFO & Treasurer · b. 1966
  • Mr. Eugene M. NoelExecutive VP & COO · b. 1969
  • Ms. Ruth T. DowlingExecutive VP, Chief Administrative Officer, General Counsel & Secretary · b. 1970
  • Mr. Paul BlanchettSVP & Chief Accounting Officer · b. 1984
  • Mr. Spencer Harris KurnSenior Vice President of Investor Relations
  • Ms. Brenna D. JonesSVP & Chief Human Resources Officer
  • Ms. Colleen Richards PowellSenior VP & Chief Diversity, Equity and Inclusion Officer
  • Mr. Juan A. FontSenior VP and President & CEO of Coresite · b. 1969
  • Mr. Richard C. Rossi Jr.Executive VP & President of U.S. Tower

Financials

Income Statement

Currency: USD1997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue17.51M103.54M258.08M735.27M1.13B788.42M715.14M706.66M944.79M1.32B1.46B1.59B1.72B1.99B2.44B2.88B3.36B4.10B4.77B5.79B6.66B7.44B7.58B8.04B9.36B9.65B10.01B10.13B10.65B
Growth (%)-+491.39%+149.25%+184.90%+54.25%-30.49%-9.29%-1.19%+33.70%+39.44%+10.57%+9.40%+8.20%+15.15%+23.08%+17.70%+16.88%+21.97%+16.38%+21.25%+15.18%+11.65%+1.88%+6.08%+16.36%+3.08%+3.80%+1.15%+5.11%
Cost of Revenue8.71M61.75M155.86M524.07M848.04M446.21M311.67M256.11M318.13M343.54M359.62M389.86M416.38M474.59M620.96M720.72M858.33M1.09B1.31B1.79B2.05B2.18B2.21B2.23B2.68B2.57B2.56B2.57B2.80B
Gross Profit8.80M41.79M102.22M211.20M286.15M342.21M403.48M450.55M626.66M973.85M1.10B1.20B1.31B1.51B1.82B2.16B2.50B3.01B3.46B4.00B4.61B5.26B5.37B5.81B6.67B7.08B7.45B7.55B7.84B
Gross Margin50.23%40.36%39.61%28.72%25.23%43.40%56.42%63.76%66.33%73.92%75.31%75.53%75.85%76.10%74.59%74.94%74.47%73.36%72.61%69.10%69.18%70.73%70.79%72.30%71.34%73.36%74.42%74.58%73.68%
Operating Expense7.86M69.94M143.28M312.83M475.48M437.86M371.99M380.79M449.23M687.38M718.61M596.89M635.48M726.37M902.44M1.04B1.29B1.52B1.85B2.14B2.61B3.36B2.68B2.93B3.54B4.34B4.33B3.04B2.96B
Operating Income932.71K-28.14M-41.06M-101.63M-189.33M-95.64M31.49M69.75M177.43M286.47M378.36M606.75M672.26M784.38M920.13M1.12B1.21B1.49B1.61B1.85B2.00B1.91B2.69B2.89B3.13B2.74B3.13B4.52B4.88B
Operating Margin5.33%-27.18%-15.91%-13.82%-16.69%-12.13%4.40%9.87%18.78%21.75%25.98%38.08%38.99%39.51%37.66%38.93%36.12%36.27%33.80%32.03%29.99%25.60%35.47%35.91%33.47%28.39%31.22%44.60%45.85%
EBITDA7.45M25.81M95.59M191.72M256.38M192.34M403.39M472.06M737.37M824.24M909.08M1.03B1.09B1.26B1.38B1.75B1.80B2.45B2.96B3.37B3.72B4.09B4.51B4.50B6.03B6.58B6.00B7.15B6.10B
EBITDA Margin42.53%24.93%37.04%26.07%22.60%24.40%56.41%66.80%78.05%62.57%62.41%64.69%62.98%63.68%56.30%60.80%53.60%59.79%62.13%58.24%55.85%54.99%59.48%55.92%64.48%68.19%59.97%70.64%57.34%
Net Income-2.27M-46.84M-50.73M-194.63M-450.09M-1.14B-303.42M-247.59M-171.59M27.48M56.32M347.25M246.59M372.94M392.69M637.28M551.33M824.91M685.07M956.42M1.24B1.24B1.89B1.69B2.57B1.77B1.48B2.25B2.53B
Net Income Margin-12.96%-45.24%-19.66%-26.47%-39.68%-144.83%-42.43%-35.04%-18.16%2.09%3.87%21.79%14.30%18.78%16.07%22.16%16.40%20.12%14.36%16.53%18.59%16.62%24.90%21.02%27.44%18.31%14.81%22.27%23.76%
R&D--1.61M14.52M8.63M5.90M------00000000.190.190.160.250.230.30.160.14--
R&D as % of Total Revenue--0.62%1.97%0.76%0.75%------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%--
Interest Expense00000255.65M279.88M262.24M14.23M14.21M14.21M253.58M249.80M246.02M311.85M387.41M436.06M569.69M584.74M718.29M750.80M825.60M814.20M793.50M870.90M1.14B1.39B1.40B1.02B
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%32.42%39.14%37.11%1.51%1.08%0.98%15.91%14.49%12.39%12.76%13.47%12.97%13.89%12.25%12.41%11.27%11.10%10.74%9.87%9.31%11.78%13.87%13.87%9.56%

Balance Sheet

Currency: USD1997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets255.36M1.50B3.02B5.66B6.83B5.66B5.33B5.09B8.77B8.61B8.13B8.21B8.51B10.37B12.23B14.09B20.27B21.33B26.90B30.88B33.21B33.01B42.80B47.23B69.89B67.19B66.03B61.08B63.19B
Total Liabilities101.52M406.48M865.13M2.77B3.95B3.91B3.60B3.61B4.23B4.22B5.11B5.21B5.19B6.86B8.82B10.40B16.68B17.28B20.19B22.81B25.26B26.11B36.21B42.45B60.82B54.79B55.16B51.43B52.84B
Total Equity153.21M1.09B2.15B2.88B2.87B1.74B1.71B1.47B4.53B4.38B3.02B2.99B3.32B3.50B3.28B3.57B3.53B3.95B6.65B6.76B6.24B5.34B5.06B4.09B5.08B5.57B4.20B3.38B3.65B
Cash4.60M186.18M25.21M82.04M35.96M127.29M105.47M215.56M112.70M281.26M33.12M143.08M247.29M883.96M330.19M368.62M293.58M313.49M320.69M787.16M802.10M1.21B1.50B1.75B1.95B2.03B1.75B2.00B1.47B
Total Debt90.18M281.13M740.82M2.47B3.56B3.46B3.36B3.29B3.61B253.91M4.29B4.33B4.21B5.59B7.24B8.75B14.48B14.61B17.12B18.53B20.21B21.16B31.06B36.71B52.01B47.05B46.31B43.95B44.96B
Net Debt85.58M94.95M715.61M2.39B3.53B3.34B3.26B3.08B3.50B-27.36M4.25B4.19B3.96B4.70B6.91B8.38B14.18B14.30B16.80B17.75B19.40B19.95B29.56B34.97B50.06B45.02B44.55B41.95B43.49B

Cash Flow

Currency: USD1997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow9.91M18.43M97.01M-25.04M26.07M105.15M156.39M216.70M397.20M620.74M692.68M773.26M842.13M1.02B1.17B1.41B1.60B2.13B2.18B2.70B2.93B3.75B3.75B3.88B4.82B3.70B4.72B5.29B5.46B
Investing Cash Flow-216.78M-350.38M-1.14B-2.01B-1.45B-115.26M-56.01M-45.22M-80.53M-129.11M-186.18M-274.94M-543.07M-1.30B-2.79B-2.56B-5.17B-1.95B-7.74B-2.11B-2.80B-2.75B-3.99B-4.78B-20.69B-2.36B-1.70B410.60M-1.71B
Financing Cash Flow209.09M513.53M879.73M2.09B1.37B101.44M-122.20M-61.39M-419.53M-323.06M-754.64M-388.17M-194.94M910.33M1.09B1.17B3.53B-134.59M5.59B-99.29M-113.00M-607.70M521.70M1.22B16.42B-1.42B-3.10B-5.45B-4.36B
Capital Expenditure20.61M126.45M294.24M548.99M568.16M180.50M61.61M42.18M88.64M127.10M154.38M243.48M250.26M346.66M523.01M568.05M724.53M974.40M728.75M682.50M803.60M913.20M991.30M1.03B1.38B1.87B1.80B1.59B1.68B
Free Cash Flow-10.70M-108.03M-197.23M-574.03M-542.09M-75.35M94.78M174.52M308.57M493.64M538.30M529.77M591.86M674.31M642.93M846.34M874.51M1.16B1.45B2.02B2.12B2.84B2.76B2.85B3.44B1.82B2.92B3.70B3.78B
Dividends Paid--396.00K667.00K----1.54B1.90B4.43B-00137.76M355.57M434.69M420.64M795.50M993.24M1.16B1.34B1.60B1.93B2.27B2.63B2.95B3.07B3.16B
FCF to OCF-107.96%-586.17%-203.31%2292.37%-2079.36%-71.66%60.61%80.53%77.68%79.52%77.71%68.51%70.28%66.05%55.14%59.84%54.69%54.35%66.62%74.76%72.53%75.64%73.58%73.42%71.44%49.31%61.92%69.95%69.25%
Dividend Paid to FCF---0.20%-0.12%----500.05%384.02%822.11%-0.00%0.00%21.43%42.01%49.71%36.26%54.70%49.14%54.87%47.35%58.05%67.66%65.96%144.32%100.85%83.09%83.44%

Earnings

Report DateMar 31, 1998Jun 30, 1998Nov 16, 1998Mar 4, 1999May 10, 1999Aug 16, 1999Nov 4, 1999Mar 2, 2000May 9, 2000Aug 8, 2000Oct 27, 2000Feb 28, 2001May 3, 2001Aug 2, 2001Nov 6, 2001Feb 26, 2002Apr 30, 2002Aug 8, 2002Nov 8, 2002Feb 24, 2003Apr 30, 2003Jul 24, 2003Oct 30, 2003Feb 18, 2004Apr 27, 2004Aug 2, 2004Oct 28, 2004Mar 30, 2005May 4, 2005Jul 28, 2005Nov 3, 2005Feb 24, 2006Apr 26, 2006Aug 7, 2006Nov 29, 2006Feb 20, 2007May 7, 2007Aug 2, 2007Nov 7, 2007Feb 25, 2008May 2, 2008Jul 30, 2008Nov 3, 2008Feb 26, 2009Apr 29, 2009Jul 29, 2009Nov 3, 2009Feb 24, 2010May 4, 2010Aug 3, 2010Nov 5, 2010Feb 23, 2011May 3, 2011Aug 2, 2011Nov 1, 2011Feb 23, 2012May 3, 2012Aug 1, 2012Oct 31, 2012Feb 26, 2013May 1, 2013Jul 31, 2013Oct 30, 2013Feb 25, 2014May 1, 2014Jul 30, 2014Oct 30, 2014Feb 23, 2015Apr 30, 2015Jul 29, 2015Oct 29, 2015Feb 26, 2016Apr 29, 2016Jul 28, 2016Oct 27, 2016Feb 27, 2017Apr 27, 2017Jul 27, 2017Oct 31, 2017Feb 27, 2018May 1, 2018Jul 31, 2018Oct 30, 2018Feb 27, 2019May 3, 2019Jul 31, 2019Oct 31, 2019Feb 25, 2020Apr 29, 2020Jul 30, 2020Oct 29, 2020Feb 25, 2021Apr 29, 2021Jul 29, 2021Oct 28, 2021Feb 24, 2022Apr 27, 2022Jul 28, 2022Oct 27, 2022Feb 23, 2023Apr 26, 2023Jul 27, 2023Oct 26, 2023Feb 27, 2024Apr 30, 2024Jul 30, 2024Oct 29, 2024Feb 25, 2025Apr 29, 2025Jul 29, 2025Oct 28, 2025Feb 24, 2026Apr 28, 2026Jul 28, 2026Oct 27, 2026
EPS Estimate---0.08-0.07-0.11-0.09-0.11-0.13-0.27-0.31-0.25-0.34-0.39-0.54-0.49-0.63-0.39-0.53-0.31-0.29-0.29-0.39-0.20-0.17-0.16-0.16-0.15-0.17-0.12-0.08-0.04-0.030.01-0.030.040.060.050.070.080.090.120.140.140.150.170.180.180.180.200.200.220.230.230.250.300.410.410.400.420.480.520.520.470.500.540.560.510.520.500.420.510.530.540.530.580.670.740.790.740.770.810.820.770.840.910.951.021.031.041.091.271.251.251.211.151.080.961.051.041.111.081.130.941.761.581.551.571.571.661.651.471.572.652.78
EPS Actual-0.03-0.35-0.06-0.11-0.07-0.06-0.08-0.11-0.24-0.36-0.22-0.30-0.38-0.54-0.65-0.77-0.30-0.53-0.42-0.27-0.29-0.40-0.16-0.14-0.19-0.14-0.25-0.30-0.15-0.07-0.01-0.130.030.020.020.040.050.050.06-0.010.100.120.150.200.140.130.170.160.240.250.230.200.230.29-0.040.510.560.120.580.340.510.260.450.250.510.580.490.420.460.460.400.480.580.370.550.470.790.800.720.800.760.720.830.620.931.011.121.261.001.001.120.821.301.651.580.991.561.951.80-1.470.721.021.880.181.961.920.892.621.040.781.821.751.842.71-
Surprise--25.00%-57.14%36.36%33.33%27.27%15.38%11.11%-16.13%12.00%11.76%2.56%0.00%-32.65%-22.22%23.08%0.00%-35.48%6.90%0.00%-2.56%20.00%17.65%-18.75%12.50%-66.67%-76.47%-25.00%12.50%75.00%-333.33%200.00%--33.33%0.00%-16.67%0.00%-14.29%-112.50%11.11%0.00%7.14%42.86%-6.67%-23.53%-5.56%-11.11%33.33%25.00%15.00%-9.09%0.00%26.09%-116.00%70.00%36.59%-70.73%45.00%-19.05%6.25%-50.00%-13.46%-46.81%2.00%7.41%-12.50%-17.65%-11.54%-8.00%-4.76%-5.88%9.43%-31.48%3.77%-18.97%17.91%8.11%-8.86%8.11%-1.30%-11.11%1.22%-19.48%10.71%10.99%17.89%23.53%-2.91%-3.85%2.75%-35.43%4.00%32.00%30.58%-13.91%44.44%103.13%71.43%-241.35%-35.14%-5.56%66.37%-80.85%11.36%21.52%-42.58%66.88%-33.76%-53.01%10.30%19.06%17.20%2.26%-
Timing----------------Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-market-Pre-marketPre-market-Pre-marketPre-marketPre-market-Pre-market-Pre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap87.73B
Enterprise Value131.27B
Trailing P/E25.90
Forward P/E27.40
PEG Ratio1.80
Price / Sales8.02
Price / Book23.67
EPS7.27
Book Value7.98
Revenue (TTM)10.94B
Gross Profit (TTM)8.07B
EBITDA7.04B
Profit Margin31.08%
Operating Margin45.41%
Return on Equity33.91%
Return on Assets4.89%
Shares Outstanding465.96M
Shares Float464.45M
Beta0.89
Dividend Yield3.79%
Dividend Rate7.16
Payout Ratio87.07%

Analyst Ratings

Buy
Based on 25 analystsTarget 215.74
  • Strong Buy
    15
  • Buy
    7
  • Hold
    3

Ownership Breakdown

Institutions
96.92%
Insiders
0.08%
Retail / Other
3.00%

Top Institutional Holders

  • BlackRock Inc
    45.80M9.83%
  • Vanguard Capital Management, LLC
    30.44M6.53%
  • Vanguard Portfolio Management, LLC
    27.85M5.98%
  • State Street Corp
    22.07M4.74%
  • Geode Capital Management, LLC
    13.84M2.97%
  • Cohen & Steers Inc
    13.78M2.96%
  • FMR Inc
    11.38M2.44%
  • Morgan Stanley - Brokerage Accounts
    9.61M2.06%
  • JPMorgan Chase & Co
    8.85M1.90%
  • Lazard Asset Management LLC
    8.40M1.80%
  • Amvescap Plc.
    7.07M1.52%
  • Deutsche Bank AG
    6.70M1.44%
  • Capital World Investors
    6.55M1.41%
  • NORGES BANK
    6.37M1.37%

Top Fund Holders

  • Vanguard Real Estate Index Investor
    17.64M3.79%
  • Vanguard MStar Total Stk Mkt Idx Invest
    14.79M3.17%
  • Vanguard 500 Index Investor
    12.24M2.63%
  • iShares Core S&P 500 ETF
    6.21M1.33%
  • Fidelity 500 Index
    6.05M1.30%
  • Lazard Global Listed Infrastructure Open
    5.91M1.27%

Dividends

20262×
1.79Jun 12, 20261.79Apr 14, 2026
20254×
1.70Dec 29, 20251.70Sep 30, 20251.70Jun 13, 20251.70Apr 11, 2025
20244×
1.62Dec 27, 20241.62Oct 9, 20241.62Jun 14, 20241.62Apr 11, 2024
20234×
1.70Dec 27, 20231.62Oct 10, 20231.57Jun 15, 20231.56Apr 13, 2023
20224×
1.56Dec 27, 20221.47Oct 7, 20221.43Jun 16, 20221.40Apr 12, 2022
20214×
1.39Dec 23, 20211.31Sep 27, 20211.27Jun 17, 20211.24Apr 12, 2021
20202×
1.21Dec 24, 20201.14Sep 25, 2020