American Tower Historical Financial Statements

Stocks . USA . 
Stock . American Tower Corp
AMT Stock  USD 182.71  4.52  2.54%   
Reviewing American Tower's quarterly and annual reports supports assessment of capital allocation decisions. The company's current and historical financial position, management performance, and financial standing are highlighted.
 Gross Profit
8 B
 Profit Margin
25.0%
 Market Capitalization
85.1 B
 Enterprise Value Revenue
11.6958
 Revenue
10.8 B
Evaluating one hundred twenty fundamental measures for American Tower Corp gauges financial health relative to peers. All traders should confirm American Tower's prevailing fundamental trends against the trends from 2010 to 2026 to make sure the company is sustainable. As of yesterday, Market Cap is reported near approximately 77.8 B. Also, Enterprise Value has increased to approximately 118.9 B.

American Tower Total Revenue

11.18 Billion
Total Revenue stood at 10.65 Billion as of December 31, 2025.
American Tower financial reporting includes Depreciation And Amortization of 1.2 B, Interest Expense of 515.8 M, and Selling General Administrative of 991.4 M within key disclosures.
  
Competitor context for American Tower is detailed in American Tower Correlation. This adds peer-relative context for the stock.

Balance Sheet Accounts

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Total Assets66.3 B63.2 B39.8 B
Consistent Growth
Short and Long Term Debt Total47.2 B45 B27.7 B
Consistent Growth
Other Current Liabilities2.5 B2.4 B1.3 B
Consistent Growth
Total Current Liabilities2.4 B4 B3.6 B
Moderate Growth
Total Stockholder Equity4 B3.7 B4.4 B
High Variability
Property Plant And Equipment Net30.2 B28.8 B16 B
Consistent Growth
Current Deferred Revenue238.7 M325 M311.9 M
High Variability
Net Debt45.7 B43.5 B26.6 B
Consistent Growth
Accounts Payable171.2 M259.8 M162.5 M
Moderate Growth
Cash1.5 B1.5 B1.1 B
Consistent Growth
Non Current Assets Total63.7 B60.7 B37.7 B
Consistent Growth
Non Current Assets Other5.2 B5 B1.8 B
Moderate Growth
Cash And Short Term Investments740 M1.5 B1 B
Moderate Growth
Net Receivables369.4 M650.3 M533.1 M
Moderate Growth
Good Will12.9 B12.3 B7.2 B
Consistent Growth
Common Stock Total Equity3.9 M5.5 M4.2 M
Moderate Growth
Common Stock Shares Outstanding395.4 M469.1 M424 M
Moderate Growth
Liabilities And Stockholders Equity66.3 B63.2 B39.8 B
Consistent Growth
Non Current Liabilities Total51.3 B48.9 B29 B
Consistent Growth
Other Current Assets360.9 M369.7 M439.4 M
High Variability
Other Stockholder Equity7.6 B13.5 B8.8 B
Moderate Growth
Total Liabilities55.5 B52.8 B32.8 B
Consistent Growth
Property, Plant and Equipment (Gross)42.9 B40.9 B19.3 B
Consistent Growth
Total Current Assets1.5 B2.5 B2 B
Moderate Growth
Short Term Debt4.2 B4 B2.2 B
Consistent Growth
Intangible Assets7.4 B14.5 B10.6 B
Moderate Growth
Common Stock4.1 M5.5 M4.2 M
Moderate Growth
Other Liabilities5.7 B5.4 B3.1 B
Consistent Growth
Other Assets2.4 B4 B2.6 B
Moderate Growth
Long Term Debt35.5 B33.8 B22.3 B
Consistent Growth
Property Plant Equipment30.2 B28.8 B16.7 B
Consistent Growth
Long Term Debt Total25 B33.8 B22 B
Consistent Growth
Capital Surplus11.6 B15.2 B10.2 B
Consistent Growth
Non Current Liabilities Other928.1 M976.9 M2.8 B
High Variability
Deferred Long Term Asset Charges1.4 B2 B1.4 B
Moderate Growth
Long Term Investments855 K900 K2.9 M
Consistent Decline
Short and Long Term Debt2.5 B3.4 B2 B
Moderate Growth
Warrants181.3 M190.9 M723.5 M
Consistent Decline
Cash And Equivalents1.7 B1.5 B1.3 B
Consistent Growth
Net Invested Capital40.6 B40.9 B32.8 B
Moderate Growth
Capital Stock5.2 M5.5 M4.7 M
Moderate Growth
Capital Lease Obligations8.6 B7.7 B7.5 B
Moderate Growth

Income Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization1.2 B2.1 B1.6 B
Moderate Growth
Selling General Administrative991.4 M944.2 M649.4 M
Consistent Growth
Total Revenue11.2 B10.6 B6.7 B
Consistent Growth
Gross Profit8.2 B7.8 B4.9 B
Consistent Growth
Other Operating Expenses2.9 B5.8 B4.1 B
Moderate Growth
Operating Income5.1 B4.9 B2.4 B
Consistent Growth
EBIT4.3 B4.1 B2.4 B
Consistent Growth
EBITDA6.4 B6.1 B4 B
Consistent Growth
Cost Of Revenue2.9 B2.8 B1.8 B
Consistent Growth
Total Operating Expenses1.7 B3 B2.4 B
Moderate Growth
Net Income Applicable To Common Shares2.7 B2.5 B1.4 B
Consistent Growth
Discontinued Operations24 K27 K29.5 K
Stable
Net Income From Continuing Ops1.5 B2.6 B1.3 B
Moderate Growth
Preferred Stock And Other Adjustments8 M8.5 M28.6 M
High Variability
Interest Income127.3 M134 M388.3 M
High Variability
Reconciled Depreciation2.5 B2 B2.1 B
Moderate Growth
Selling And Marketing Expenses2.4 M2.7 M3.1 M
Moderate Decline

Cash Flow Statement Items

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow2.2 B2.1 B1.2 B
Consistent Growth
Depreciation1.2 B2 B1.6 B
Moderate Growth
Capital Expenditures1.8 B1.7 B1.1 B
Consistent Growth
Total Cash From Operating Activities5.7 B5.5 B3.2 B
Consistent Growth
End Period Cash Flow1.7 B1.6 B1.2 B
Consistent Growth
Dividends Paid3.3 B3.2 B1.6 B
Consistent Growth
Stock Based Compensation106.6 M174.2 M117.5 M
Moderate Growth

Financial Ratios

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio7.357.737625.2622
High Variability
Dividend Yield0.04020.03830.0203
Consistent Growth
PTB Ratio23.6822.55116.7477
High Variability
Days Sales Outstanding38.9622.297532.3748
High Variability
Book Value Per Share23.1822.072815.8228
Consistent Growth
Operating Cash Flow Per Share12.2311.64687.3052
Consistent Growth
Stock Based Compensation To Revenue0.02160.01640.0169
High Variability
Capex To Depreciation0.920.82310.8295
High Variability
PB Ratio23.6822.55116.7477
High Variability
EV To Sales11.2311.82329.1057
High Variability
ROIC0.070.06670.0557
High Variability
Inventory Turnover46.3844.1746.557
Moderate Variation
Days Of Inventory On Hand8.138.558.6574
High Variability
Payables Turnover5.919.6210.522
High Variability
Sales General And Administrative To Revenue0.07140.08870.0981
Moderate Decline
Research And Ddevelopement To Revenue0.01130.00860.0077
Moderate Growth
Capex To Revenue0.150.15790.2236
High Variability
Cash Per Share3.33.14362.4258
Consistent Growth
POCF Ratio14.3215.074647.539
High Variability
Interest Coverage5.894.79483.7123
High Variability
Capex To Operating Cash Flow0.290.30750.4438
High Variability
Days Payables Outstanding37.339.2646.6485
Moderate Decline
EV To Operating Cash Flow21.8823.033855.4568
High Variability
Intangibles To Total Assets0.340.42390.4381
High Variability
Net Debt To EBITDA7.487.10286.7003
High Variability
Current Ratio1.090.6280.7427
High Variability
Receivables Turnover12.2616.369512.4655
High Variability
Graham Number17.6830.734424.6114
Moderate Growth
Shareholders Equity Per Share11.547.785510.2884
High Variability
Debt To Equity12.9312.31046.3887
Consistent Growth
Capex Per Share3.763.58192.3947
Consistent Growth
Revenue Per Share23.8322.690515.0853
Consistent Growth
Interest-Bearing Debt Per Share10398.012463.7447
Consistent Growth
Debt To Assets0.450.71160.6459
Moderate Variation
Enterprise Value Over EBITDA19.5320.555459.9083
High Variability
Short Term Coverage Ratios1.311.375413.1563
Moderate Decline
Operating Cycle42.3222.297532.5725
High Variability
Price Book Value Ratio23.6822.55116.7477
High Variability
Days Of Payables Outstanding37.339.2646.6485
Moderate Decline
Price To Operating Cash Flows Ratio14.3215.074647.539
High Variability
Operating Profit Margin0.480.45850.3404
High Variability
Company Equity Multiplier18.1717.30069.1564
Consistent Growth
Long Term Debt To Capitalization0.520.90250.7631
Moderate Variation
Total Debt To Capitalization0.530.92490.7788
Moderate Variation
Return On Capital Employed0.08650.08240.0651
High Variability
Debt-to-Equity Ratio12.9312.31046.3887
Consistent Growth
Ebit Per Revenue0.480.45850.3404
High Variability
Quick Ratio1.070.6280.7415
High Variability
Dividend Paid And Capex Coverage Ratio2.011.12951.3558
High Variability
Net Income Per E B T1.030.8310.9185
Moderate Variation
Cash Ratio0.460.37120.341
High Variability
Operating Cash Flow Sales Ratio0.330.51330.4772
Moderate Variation
Days Of Inventory Outstanding8.138.558.6574
High Variability
Days Of Sales Outstanding38.9622.297532.3748
High Variability
Cash Flow Coverage Ratios0.210.12150.1315
High Variability
Price To Book Ratio23.6822.55116.7477
High Variability
Fixed Asset Turnover0.330.36980.4387
High Variability
Capital Expenditure Coverage Ratio2.173.25162.8645
High Variability
Price Cash Flow Ratio14.3215.074647.539
High Variability
Enterprise Value Multiple19.5320.555459.9083
High Variability
Debt Ratio0.450.71160.6459
Moderate Variation
Cash Flow To Debt Ratio0.210.12150.1315
High Variability
Price Sales Ratio7.357.737625.2622
High Variability
Asset Turnover0.130.16850.1683
Moderate Variation
Gross Profit Margin0.520.73680.701
Moderate Variation
Price Fair Value23.6822.55116.7477
High Variability

Valuation Indicators

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Market Cap77.8 B74.1 B58.4 B
Consistent Growth
Enterprise Value118.9 B113.3 B85.4 B
Consistent Growth

Core Fundamental Drivers

Forward Price Earnings27.5482
Cash And Short Term Investments1.5 B

Methodology, Assumptions & Data Sources

This time-series reference data for American Tower's financial indicators helps evaluate directional changes in the company's underlying fundamentals. American Tower has a market cap of 85.12 B, P/E of 34.99, ROE of 29.95%.

American Tower Corp inputs come from periodic company reporting and market reference feeds and are mapped into a consistent reporting framework. Reference data and historical patterns are presented and do not constitute an investment recommendation or advice.

Editorial review and methodology oversight provided by: Ellen Johnson, Member of Macroaxis Editorial Board
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