AMT
American Tower Corporation
Stock
$161.06−2.63 (−1.61%)Close Oct 1, 2026
Income statement
| Line | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $10.9B | $10.6B | $10.1B | $10.0B | $9.6B | $9.4B | $8.0B | $7.6B | $7.4B | $6.7B | $5.8B | $4.8B | $4.1B | $3.4B | $2.9B | $2.4B | $2.0B | $1.7B | $1.6B | $1.5B |
| Cost of revenue | — | — | — | — | — | — | — | $43M | $49M | $35M | $28M | $33M | $38M | $31M | $36M | $31M | $27M | $32M | $27M | $16M |
| Gross profit | — | — | — | — | — | — | — | $7.5B | $7.4B | $6.6B | $5.8B | $4.7B | $4.1B | $3.3B | $2.8B | $2.4B | $2.0B | $1.7B | $1.6B | $1.4B |
| SG&A | $961M | $941M | $933M | $946M | $902M | $812M | $779M | $730M | $733M | $637M | $543M | $498M | $447M | $416M | $327M | $289M | $230M | $202M | $180M | $186M |
| Other operating expenses | — | — | — | — | — | — | — | $4.1B | $4.8B | $4.0B | $3.4B | $2.6B | $2.1B | $1.7B | $1.4B | $1.2B | $944M | $818M | $780M | $876M |
| Operating income | $4.9B | $4.8B | $4.5B | $3.1B | $2.7B | $3.1B | $2.9B | $2.7B | $1.9B | $2.0B | $1.9B | $1.6B | $1.5B | $1.2B | $1.1B | $920M | $784M | $672M | $607M | $378M |
| Non-operating income | −$960M | −$1.8B | −$892M | −$1.6B | −$653M | −$303M | −$1.1B | −$772M | −$750M | −$742M | −$727M | −$783M | −$621M | −$673M | −$418M | −$413M | −$228M | −$251M | −$235M | −$226M |
| Pretax income | $3.9B | $3.0B | $3.6B | $1.5B | $2.1B | $2.8B | $1.8B | $1.9B | $1.2B | $1.3B | $1.1B | $830M | $866M | $542M | $701M | $507M | $556M | $421M | $372M | $153M |
| Taxes | $541M | $515M | $1.4B | $46M | $320M | $262M | $131M | $29M | −$82M | $17M | $170M | $145M | $41M | −$9.6M | $64M | $110M | $183M | $175M | $25M | $97M |
| Net income | $3.4B | $2.5B | $2.3B | $1.5B | $1.8B | $2.6B | $1.7B | $1.9B | $1.2B | $1.2B | $956M | $685M | $825M | $551M | $637M | $396M | $373M | $247M | $347M | $56M |
| Diluted EPS | $7.27 | $5.40 | $4.82 | $3.18 | $3.82 | $5.66 | $3.79 | $4.24 | $2.77 | $2.67 | $1.98 | $1.41 | $2.00 | $1.38 | $1.60 | $0.99 | $0.92 | $0.61 | $0.84 | $0.13 |
| Diluted shares | — | 468.8M | 468.1M | 467.2M | 462.8M | 453.3M | 446.1M | 445.5M | 443.0M | 431.7M | 429.3M | 423.0M | 400.1M | 399.1M | 399.3M | 400.2M | 404.1M | 406.9M | 418.4M | 426.1M |
| Revenue growth | — | +5.1% | +1.1% | +3.8% | +3.1% | +16.4% | +6.1% | +1.9% | +11.6% | +15.2% | +21.3% | +16.4% | +22.0% | +16.9% | +17.7% | +23.1% | +15.2% | +8.2% | +9.4% | — |
| Gross margin | — | — | — | — | — | — | — | 99.4% | 99.3% | 99.5% | 99.5% | 99.3% | 99.1% | 99.1% | 98.8% | 98.7% | 98.6% | 98.1% | 98.3% | 98.9% |
| Operating margin | 44.8% | 45.5% | 44.6% | 31.2% | 28.4% | 33.5% | 35.9% | 35.5% | 25.6% | 30.0% | 32.0% | 33.8% | 36.3% | 36.1% | 38.9% | 37.7% | 39.5% | 39.0% | 38.1% | 26.0% |
| Net margin | 31.1% | 23.8% | 22.3% | 14.8% | 18.3% | 27.4% | 21.0% | 24.9% | 16.6% | 18.6% | 16.5% | 14.4% | 20.1% | 16.4% | 22.2% | 16.2% | 18.8% | 14.3% | 21.8% | 3.9% |
Cost of revenue, other operating expenses, non-operating income and taxes are the differences between the lines reported around them.