Company / Operating Income
American Tower Operating Income History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Income
$4.8B
FY2025
5-year range
$2.7B / $4.8B
FY2021-FY2025
Trend
+7.3%
vs FY2024
Sector context
#1 of 71
Real Estate
What the data says
Among 71 Real Estate companies, American Tower is in the top 1% for operating income. Operating Income has increased for 3 consecutive years, from $2.7B in FY2022 to $4.8B in FY2025.
Based on SEC 10-K filings.
$4.8B in FY2025 with a 5-year CAGR of +10.9%. Ranks 1st among 71 companies in Real Estate.
Improved from $3.1B to $4.8B over the past 2 years.
Real Estate sector context is included.
Operating Income over time
Growth rates
- 3-Year CAGR
- +21.0%
- 5-Year CAGR
- +10.9%
- 10-Year CAGR
- -
Sector benchmark
Top 1% in Real EstateTop 1% of 71This company $4.8B Sector average $492.4M
▼
+884.1% above sector average
Key checks
Key Insights
- American Tower's operating income has grown for 3 consecutive years.
- 5-year CAGR of +10.9%, indicating consistent growth.
- In FY2025, operating income increased 7.3% year-over-year.
- Ranks #1 out of 71 companies in the Real Estate sector.
Company context
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.
Annual data
| Year | Operating IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $4.8B | +7.3% |
| FY2024 | $4.5B | +44.2% |
| FY2023 | $3.1B | +14.4% |
| FY2022 | $2.7B | -12.6% |
| FY2021 | $3.1B | +8.5% |
| FY2020 | $2.9B | +7.4% |
| FY2019 | $2.7B | +41.1% |
| FY2018 | $1.9B | -4.7% |
| FY2017 | $2.0B | +342.3% |
| FY2016 | $451.9M | -72.0% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026