AMTNYSEReal Estate Investment TrustsFiscal year ends December 31

AMERICAN TOWER CORP /MA/

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 28, 2026

$183.03−2.24 (-1.21%)

Close on Oct 19, 2026

Market cap: $85.34B
P/E (TTM): 25.2
Dividend yield: 3.72%

AMERICAN TOWER CORP /MA/ income statement

Annual Quarterly TTM

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2017 2017-12-31	FY 2016 2016-12-31	FY 2015 2015-12-31	FY 2014 2014-12-31	FY 2013 2013-12-31	FY 2012 2012-12-31	FY 2011 2011-12-31	FY 2010 2010-12-31	FY 2009 2009-12-31	FY 2008 2008-12-31	FY 2007 2007-12-31
Revenue	10,645	10,127	10,012	9,645	9,357	8,042	7,580	7,440	6,664	5,786	4,772	4,100	3,361	2,876	2,444	1,985	1,724	1,594	1,457
Cost of Revenue	–	–	–	–	–	–	43	49	35	28	33	38	31	36	31	27	32	27	16
Gross Profit	–	–	–	–	–	–	7,537	7,391	6,629	5,758	4,738	4,062	3,330	2,840	2,413	1,958	1,692	1,567	1,440
Selling, General & Admin	941	933	946	902	812	779	730	733	637	543	498	447	416	327	289	230	202	180	186
Total Costs & Expenses	5,799	5,611	6,887	6,907	6,225	5,154	4,892	5,535	4,666	3,933	3,159	2,613	2,147	1,756	1,523	1,201	1,052	987	1,078
Operating Income	4,846	4,517	3,126	2,739	3,132	2,888	2,688	1,905	1,998	1,853	1,613	1,487	1,214	1,120	920	784	672	607	378
Interest Expense	1,359	1,405	1,388	1,136	871	794	814	826	750	–	–	580	458	402	312	246	250	254	236
Interest & Investment Income	134	135	119	49	40	40	47	55	35	–	–	14	9.71	7.68	7.38	5.02	1.72	3.41	11
Income from Equity Investments	–	–	–	–	–	–	–	–	–	–	–	0	0	0.04	0.03	0.04	0.03	0.02	0.02
Other Non-Operating Income	-1,802	-892	-1,596	-653	-303	-1,066	-772	-750	-742	-727	-783	-621	-673	-418	-413	-228	-251	-235	-226
Merger & Restructuring Charges	83	97	740	684	196	240	140	480	242	51	30	26	33	34	17	17	13	11	9.21
Asset Impairment Charges	101	69	280	147	174	223	94	394	211	29	15	15	16	22	9.00	12	12	6.80	–
Gain (Loss) on Investments	233	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Pretax Income	3,044	3,625	1,529	2,086	2,829	1,821	1,916	1,155	1,256	1,126	830	866	542	701	507	556	421	372	153
Income Tax Expense	416	366	91	113	262	130	-0.20	-110	31	156	158	63	60	107	125	182	183	136	60
Income from Continuing Operations	2,629	3,259	1,439	1,973	–	–	–	–	–	–	–	–	551	637	396	373	238	236	93
Income from Discontinued Operations	0	-978	-71	-277	–	–	–	–	–	–	–	–	–	0	0	0.03	8.18	111	-36
Net Income incl. Noncontrolling Interests	2,629	2,280	1,367	1,697	2,568	1,692	1,917	1,265	1,225	970	672	803	482	594	382	374	247	347	57
Minority Interest in Earnings	99	25	-116	-69	-0.10	0.90	29	28	-14	14	-13	-22	-69	-43	-15	0.67	0.53	0.17	0.34
Net Income	–	–	–	–	–	1,691	1,888	1,236	1,239	956	685	825	551	637	396	373	247	347	56
Preferred Dividends	–	–	–	–	–	0	0	9.40	87	107	90	24	0	–	–	–	–	–	–
Net Income to Common	2,530	2,255	1,483	1,766	2,568	1,691	1,888	1,227	1,152	849	595	801	551	637	396	373	240	241	–
EPS (Basic)(per share)	5.41	4.83	3.18	3.83	5.69	3.81	4.27	2.79	2.69	2.00	1.42	2.02	1.40	1.61	1.00	0.93	0.62	0.88	0.14
EPS (Diluted)(per share)	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
Shares Outstanding (Basic, Weighted)(shares)	468	467	466	462	451	444	442	440	428	425	419	396	395	395	396	401	398	396	413
Shares Outstanding (Diluted, Weighted)(shares)	469	468	467	463	453	446	446	443	432	429	423	400	399	399	400	404	407	418	426
Dividend per Share(per share)	6.80	6.48	6.45	5.86	–	–	–	–	–	–	–	–	–	0.90	0.35	0.00	–	–	–
EBITDA	6,887	6,545	6,054	5,904	5,465	4,770	4,467	4,016	3,714	3,379	2,898	2,491	2,014	1,764	1,476	1,245	1,087	1,012	901

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jun 30, 2026

Profitability, TTM

Gross margin: –
Operating margin: 44.8%
Net margin: –
Return on equity, FY2025: –

Financial strength

Current ratio: 0.35
Debt to equity: 10.00
Debt to assets: 58.8%
Cash to current liabilities: 19.9%

Valuation

P/E ratio: 25.2
Price to sales: 7.80
Price to book: 22.94
Dividend yield: 3.72%