American Tower Income Statement
AMT / Real Estate|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
American Tower reported $10.6B in revenue and $2.6B in net income for FY2025. Revenue has grown at a 13.9% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.32 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $10.6B | $10.1B | $9.4B | $9.6B | $9.4B | $8.0B | $7.6B | $7.4B | $6.7B | $1.3B | $4.8B | $4.1B | $3.4B | $2.0B | $1.7B |
| Cost of Revenue | - | - | - | - | - | - | $43.1M | $49.1M | $34.6M | - | - | - | - | - | - |
| SG&A Expense | $940.7M | $933.4M | $811.6M | $902.1M | $811.6M | $778.7M | $730.4M | $733.2M | $637.0M | $543.4M | $497.8M | $446.5M | $415.5M | $229.8M | $201.7M |
| Operating Income | $4.8B | $4.5B | $3.1B | $2.7B | $3.1B | $2.9B | $2.7B | $1.9B | $2.0B | $451.9M | $1.6B | $1.5B | $1.2B | $784.4M | $672.3M |
| Interest Expense | - | - | $870.9M | $1.1B | $870.9M | $793.5M | $814.2M | $825.5M | $749.6M | - | - | $580.2M | $458.3M | $246.0M | $249.8M |
| Income Tax | $415.7M | $366.3M | $261.8M | $112.8M | $261.8M | $129.6M | -$200.0K | -$110.1M | $30.7M | $155.5M | $158.0M | $62.5M | $59.5M | $182.5M | $182.6M |
| Net Income | $2.6B | $2.3B | $2.6B | $1.7B | $2.6B | $1.7B | $1.9B | $1.2B | $1.2B | $275.2M | $685.1M | $824.9M | $551.3M | $372.9M | $246.6M |
| EPS (Basic) | $5.41 | $3.83 | $5.69 | $3.81 | $4.27 | $2.79 | $2.69 | $2.79 | $2.69 | $2.02 | $1.40 | $1.61 | $1.00 | $0.93 | $0.62 |
| EPS (Diluted) | $5.40 | $3.82 | $5.66 | $3.79 | $4.24 | $2.77 | $2.67 | $2.77 | $2.67 | $2.00 | $1.38 | $1.60 | $0.99 | $0.92 | $0.61 |
| Shares Outstanding | 466.3M | 466.3M | 465.6M | 455.8M | 444.3M | 442.9M | 441.1M | 443.0M | 431.7M | 423.9M | 396.7M | 394.9M | 395.1M | 393.6M | 398.7M |
| Operating Margin | 45.5% | 44.6% | 33.5% | 28.4% | 33.5% | 35.9% | 35.5% | 25.6% | 30.0% | 35.0% | 33.8% | 36.3% | 36.1% | 39.5% | 39.0% |
| Profit Margin | 24.7% | 22.5% | 27.4% | 17.6% | 27.4% | 21.0% | 24.9% | 16.6% | 18.6% | 21.3% | 14.4% | 20.1% | 16.4% | 18.8% | 14.3% |