Company Analysis

American Tower Corporation (AMT)

NYSE: AMT · Real Estate Investment Trusts · Boston, MA · filing with the SEC since 1998
Grade5.8
◀ Past 6.9● Present 5.4▶ Future 5.6
The companyfiscal 2025, as filed
Revenue$10.64B+5.1%
Net income$2.63B+15.3%
Earnings per share$5.40+12.0%
Operating cash flow$5.46B+3.3%
Cash$1.47B-26.2%
Debt$33.83B+3.1%
Shareholders’ equity$10.36B+7.3%
Shares, diluted468.8M+0.1%
Return on equity25.4%
The recordfrom its filings
Filings in 202695
Newest filingNov 10 · 424B2
Annual reportFeb 24, 2026
Quarterly reportOct 27, 2026
Next report due10-K by Mar 1
Insider sales, 12 months$23.6M
Insider buys, 12 months$1.0M
Patents granted2
Filer categoryLarge accelerated filer
Trailing twelve months to Sep 2026Revenue $11.01BNet income $3.38BCash from operations $5.71Bthe four newest filed quarters added
Left: the newest annual report, with the change on the year before. Right: counted from the company's own filings with the SEC.
Revenue and net income by fiscal yearRevenueNet income
16171819202122232425
As filed, in USD. Nothing here is a forecast.

The company now

American Tower reported third-quarter 2026 revenue of $2,785 million on 27 October, up 2.5 percent 1. Net income fell 14.4 percent to $781 million, while AFFO attributable to common stockholders, the company's own cash earnings measure, rose 2.4 percent to $1,335 million 1.

Data centers lifted the outlook: the company said cash revenue in Data Centers grew 16.3 percent, and it raised the midpoint of its full-year property revenue outlook by $55 million 1. Chief executive Steve Vondran said this was the third raise of the year 1.

Net income was hit by unrealized losses on equity investments of about $71.5 million, against gains of about $10.9 million a year earlier 1. In the United States and Canada, property revenue fell 3 percent, with churn mostly from DISH and a drop in straight-line accounting revenue 2.

DISH, once about 2 percent of property revenue, filed for chapter 11 on 30 June 2026 2. Reuters reported on 22 October that SpaceX is in talks for access to at least 80,000 US sites, naming Crown Castle as one party 5.

As of Nov 3, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.

Newer filings are on file since this was written; an update is queued.

News

Nov 9, 2026 · SEC EDGAR · Form 424B5
Shelf offering
Open the filing on sec.gov
Nov 9, 2026 · SEC EDGAR · Form 8-K
Current report
Open the filing on sec.gov
Nov 3, 2026 · SEC EDGAR · Form 4
Insider trade report
Open the filing on sec.gov
Oct 30, 2026 · SEC EDGAR · Form 4
Insider trade report
Open the filing on sec.gov
Oct 27, 2026 · SEC EDGAR · Form 10-Q
Quarterly report
Open the filing on sec.gov
Oct 27, 2026 · SEC EDGAR · Form 8-K
Results released
Open the filing on sec.gov
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SI Assistanton AMT · research, not advice