stockportfolio.pro
American Tower Corporation (AMT)
Real Estate · REIT - Specialty · NYSE
American Tower Corporation revenue & earnings — last 10 fiscal years
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.79B | $6.66B | $7.44B | $7.58B | $8.04B | $9.36B | $10.71B | $11.14B | $10.13B | $10.64B |
| Gross profit | — | $6.63B | $7.39B | $7.54B | — | — | — | — | — | — |
| Net income | $956.40M | $1.24B | $1.24B | $1.89B | $1.69B | $2.57B | $1.77B | $1.48B | $2.25B | $2.53B |
| Net margin | 16.5% | 18.6% | 16.6% | 24.9% | 21.0% | 27.4% | 16.5% | 13.3% | 22.3% | 23.8% |
Source: American Tower Corporation SEC filings (10-K). 19 years of history available in the interactive view.
What growth is priced into AMT stock?
At today's market cap of $88.91B, American Tower Corporation is priced for free-cash-flow growth of about 9.9% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $3.78B from the FY ending 2025-12-31). For comparison, free cash flow actually grew 5.8%/yr over the last five fiscal years and revenue 5.8%/yr, computed from its SEC filings. This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 19 years of American Tower Corporation financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
Open the interactive view — freeOr start a 7-day free trial to track AMT in your portfolio →
American Tower Corporation financial history by metric
About American Tower Corporation
American Tower Corporation is one of the largest global real estate investment trusts. It is a leading independent owner, operator and developer of multitenant communications real estate. The Company's primary business is the leasing of space on communications sites to wireless service providers, radio and television broadcast companies, wireless data providers, government agencies and municipalities and tenants in a few other industries. The Company refers to this business, inclusive of its data center business discussed below, as its property operations. Additionally, the Company offers tower-related services in the United States, which the Company refers to as its services operations. These services include site application, zoning and permitting, structural and mount analyses, and construction management services, together with program management offerings that support customer deployment needs from project scoping through construction. The Company's services operations primarily support the Company's site leasing business, including through the addition of new tenants and equipment on its sites. The Company's customers include its tenants, licensees and other payers. American Tower Corporation was incorporated in 1995 in Delaware and is based in Massachusetts, Boston.
American Tower Corporation — frequently asked questions
What is American Tower Corporation's revenue?
American Tower Corporation (AMT) reported revenue of $10.64B for fiscal year 2025, up 5.1% from the prior year, according to its SEC filings.
Is American Tower Corporation profitable?
Yes. AMT earned net income of $2.53B in fiscal 2025, a net margin of 23.8%.
What is AMT's P/E ratio?
American Tower Corporation trades at a price-to-earnings ratio of about 30.8 based on the latest data in our nightly-refreshed cache.
How fast is American Tower Corporation growing?
AMT's revenue grew at roughly 5.8% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does American Tower Corporation have?
As of fiscal year 2025, AMT carried roughly $0 in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is American Tower Corporation's market cap?
American Tower Corporation (AMT) has a market capitalization of about $88.91B, based on the latest data in our nightly-refreshed cache.
When does American Tower Corporation's fiscal year end?
AMT's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
What growth is priced into AMT stock?
At today's market cap of $88.91B, American Tower Corporation is priced for free-cash-flow growth of about 9.9% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $3.78B from the FY ending 2025-12-31). For comparison, free cash flow actually grew 5.8%/yr over the last five fiscal years and revenue 5.8%/yr, computed from its SEC filings.
Where does this data come from?
All figures are computed from American Tower Corporation's official SEC filings (10-K and 10-Q), covering 19 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.