American Tower revenue and financials
$164.78Change from previous close: +1.55%Absolute change: +$2.52
In the fiscal year ended December 2025, American Tower reported revenue of $10.64B (+5.11% year over year). Net income was $2.63B, a net margin of 24.7%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +5.11%
- 2025 vs 2024
- Net income growth
- +15.27%
- 2025 vs 2024
- Net margin
- 24.7%
- 2024: 22.5%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 63,300 | 63,235 | 63,190 | 63,889 | 63,755 | 62,056 | 61,077 | 62,817 | 65,838 | 66,679 | 66,028 | 65,653 |
| Current assets | 3,122 | 2,956 | 2,742 | 3,535 | 3,601 | — | — | — | — | — | — | — |
| Cash and equivalents | 1,763 | 1,609 | 1,475 | 1,951 | 2,076 | 2,104 | 2,000 | 2,150 | 2,492 | 2,389 | 1,754 | 2,119 |
| Receivables | 890 | 958 | 890 | 1,000 | 1,057 | — | — | — | — | — | — | — |
| Net property, plant and equipment | 29,039 | 28,933 | 28,783 | 28,555 | 28,184 | 27,433 | 27,146 | 27,606 | 28,940 | 29,294 | 27,068 | 28,413 |
| Goodwill | 12,182 | 12,193 | 12,256 | 12,256 | 12,246 | 11,922 | 11,768 | 12,046 | 12,483 | 12,557 | 12,084 | 12,570 |
| Other intangible assets | 13,981 | 14,225 | 14,531 | 14,742 | 14,963 | 14,643 | 14,474 | 15,195 | 15,759 | 16,119 | 15,932 | 16,655 |
| Current liabilities | 8,871 | 9,719 | 6,914 | 5,994 | 5,864 | — | — | — | — | — | — | — |
| Accounts payable | 203 | 221 | 260 | 239 | 230 | — | — | — | — | — | — | — |
| Long-term debt | 31,963 | 31,203 | 33,833 | 34,851 | 35,194 | — | — | — | — | — | — | — |
| Total debt | 44,980 | 45,131 | 44,964 | 45,011 | 45,213 | — | — | — | — | — | — | — |
| Total liabilities | 53,048 | 53,083 | 52,835 | 53,123 | 53,276 | — | — | — | — | — | — | — |
| Total equity (incl. minority) | 10,253 | 10,152 | 10,355 | 10,766 | 10,479 | 9,936 | 9,649 | 10,193 | 10,424 | 10,662 | 10,865 | 11,235 |
| Retained earnings | -5,032 | -5,063 | -5,086 | -5,111 | -5,164 | — | — | — | — | — | — | — |
| Minority interest | 6,533 | 6,630 | 6,703 | 6,813 | 6,766 | 6,402 | 6,267 | 6,551 | 6,568 | 6,614 | 6,667 | 6,701 |