# American Tower Corporation (AMT)

**Exchange:** NYSE  
**Sector:** Real Estate  
**Market cap:** $88.74B  
**Price:** $189.31 (-1.66%)

> American Tower Corporation is a real estate investment trust that owns, operates, and develops multi-tenant communications real estate globally. The company’s core business is leasing space on its wireless towers and other communications sites to mobile network operators, as well as to radio and television broadcast companies. Its portfolio spans multiple regions, including the United States and Canada, Latin America, Europe, Africa, and the Asia-Pacific region, providing critical infrastructure that supports mobile connectivity and data transmission. In addition to tower assets, American Tower Corporation operates a data center platform through its CoreSite segment, offering colocation and interconnection services to enterprises, cloud providers, and network operators. By aggregating multiple tenants on shared infrastructure, the company enables more efficient deployment of wireless and data services across its markets. Headquartered in Boston, Massachusetts and founded in 1995, American Tower Corporation plays a key role in the digital and telecommunications ecosystem, supporting network capacity, coverage, and reliability for a broad range of communications providers worldwide.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $936M | — | $4.85B | — | — |
| 2024 | $775M | — | $4.52B | — | — |
| 2023 | $747M | — | $3.13B | — | — |
| 2022 | $841M | — | $2.74B | — | — |
| 2021 | $717M | — | $3.13B | — | — |
| 2020 | $496M | — | $2.89B | $1.69B | — |
| 2019 | $527M | $484M | $2.69B | $1.89B | — |
| 2018 | $491M | $442M | $1.91B | $1.24B | — |
| 2017 | $6.66B | $6.63B | $2.00B | $1.24B | — |
| 2016 | $5.79B | $5.76B | $1.85B | $956M | — |
| 2015 | $4.77B | $4.74B | $1.61B | $685M | — |
| 2014 | $4.10B | $4.06B | $1.49B | $825M | — |
| 2013 | $3.36B | $3.33B | $1.21B | $551M | — |
| 2012 | $2.88B | $2.84B | $1.12B | $637M | — |
| 2011 | $2.44B | $2.41B | $920M | $396M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $63.19B | $52.84B | $3.65B | $1.47B | — |
| 2024 | $61.08B | $51.43B | $3.38B | $2.00B | — |
| 2023 | $66.03B | $55.16B | $4.20B | $1.75B | — |
| 2022 | $67.19B | $54.79B | $5.57B | $1.55B | $38.90B |
| 2021 | $69.89B | $60.82B | $5.08B | $1.95B | $43.50B |
| 2020 | $47.23B | $42.45B | $4.09B | $1.75B | — |
| 2019 | $42.80B | $36.21B | $5.06B | $1.50B | $2M |
| 2018 | $33.01B | $26.11B | $5.34B | $1.21B | $21.16B |
| 2017 | $33.21B | $25.26B | $6.24B | $802M | $20.21B |
| 2016 | $30.88B | $22.81B | $6.76B | $787M | $18.53B |
| 2015 | $26.90B | $20.19B | $6.65B | $321M | $17.12B |
| 2014 | $21.26B | $17.21B | $3.95B | $313M | $14.61B |
| 2013 | $20.21B | $16.69B | $3.53B | $294M | $14.48B |
| 2012 | $14.09B | $10.41B | $3.57B | $369M | $8.75B |
| 2011 | $12.24B | $8.83B | $3.29B | $330M | $7.24B |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $5.46B | $1.68B | $3.78B |
| 2024 | $5.29B | $1.59B | $3.70B |
| 2023 | $4.72B | $1.80B | $2.92B |
| 2022 | $3.70B | $1.87B | $1.82B |
| 2021 | $4.82B | $1.38B | $3.44B |
| 2020 | $3.88B | $1.03B | $2.85B |
| 2019 | $3.75B | $991M | $2.76B |
| 2018 | $3.75B | $913M | $2.84B |
| 2017 | $2.93B | $804M | $2.12B |
| 2016 | $2.70B | $683M | $2.02B |
| 2012 | $1.41B | — | — |
| 2011 | $1.17B | — | — |
| 2010 | $1.02B | — | — |
| 2009 | $842M | — | — |
| 2008 | $773M | — | — |

Source: [CompaniesByCap](https://companiesbycap.com/company/AMT)