American Tower revenue and financials

AMT · NYSE · USD

$164.78+1.55%+$2.52

Close · October 6, 2026

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%.

Annual revenue · 2025: $10.64B
  1. $5.79B2016
  2. $6.66B2017
  3. $7.44B2018
  4. $7.58B2019
  5. $8.04B2020
  6. $9.36B2021
  7. $9.65B2022
  8. $10.01B2023
  9. $10.13B2024
  10. $10.64B2025

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.

ItemQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023
Total revenue2,7492,7382,7382,7172,627———————
Cost of revenue741703714711689———————
Gross profit2,0082,0342,0232,0071,938———————
Selling, general and administrative234257237233234———————
Operating income1,2691,2391,2441,2331,198———————
EBIT1,2481,2571,2301,2361,1981,2011,1331,1431,1601,141—923
EBITDA1,7631,7751,7461,7591,7081,6931,5381,6561,7621,650—1,686
Interest expense355347344347343———————
Pre-tax income1,0091,0189659505126181,306551847921—824
Income tax12214012837.413111975.212277.491.3—49.5
Net income8688608218533674891,230-792900917—587
Net income to common shareholders8688608218533674891,230-792900917—587
Basic EPS1.861.841.761.820.781.052.63-1.701.931.97—1.26
Diluted EPS1.861.841.761.820.781.042.63-1.691.931.97—1.26
Average shares (basic)466466468468468468467467467467—466
Average shares (diluted)466467468469469469468468468468—467
Dividend per share1.791.791.701.701.701.701.621.621.621.62—1.62