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AM

American Tower Corporation

AMT

Real Estate · REIT - Specialty · NYSE

$175.25

P/E 27.3×

CEO

Steven O. Vondran

Sector

Real Estate

Industry

REIT - Specialty

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.

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Strong Buy

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Margin of Safety

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Company financials

5-Year Financials

Income statement highlights — annual, USD

Metric20252024202320222021
Revenue$10.6B
$10.1B
$10.0B
$9.6B
$9.4B
Rev. Growth-4.9%-1.1%-3.7%-3.0%
Net Income$2.5B$2.3B$1.5B$1.8B$2.6B
Net Margin23.8%22.3%14.8%18.3%27.4%
EPS (Diluted)$5.40$4.83$3.18$3.83$5.69
Free Cash Flow████████████████████

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Analysis, scores, valuations, and buy zones are derived from publicly documented investor frameworks (Buffett, Lynch, Benjamin Graham, Phil Town) for learning purposes only. They are not recommendations from licensed financial advisors. Past performance does not guarantee future results. Prices may be delayed up to 15 minutes. Always conduct your own research before making any investment decisions.