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AMT - American Tower Corporation (REIT)

NYSE -> Real Estate -> REIT—Specialty
Boston, United States
Type: Equity

AMT price evolution
AMT
(in millions $) 30 Oct 2024 30 Jun 2024 31 Mar 2024 31 Dec 2023
Current assets
Cash $2618.6 $2516.7 $2093.4
Short term investments
Net receivables $812.7 $712.3 $738.4 $669.7
Inventory
Total current assets $3399.6 $4114.1 $4239.7 $3710
Long term investments $753 $711.2 $789.4
Property, plant & equipment $27606.4 $28939.8 $29294 $28667.6
Goodwill & intangible assets $28242.2 $28676.1 $29159.7
Total noncurrent assets $61723.7 $62439.3 $62317.6
Total investments $753 $711.2 $789.4
Total assets $62816.8 $65837.8 $66679 $66027.6
Current liabilities
Accounts payable $221.3 $984.1 $958.8 $1164.9
Deferred revenue $391.7 $544.2 $434.7
Short long term debt $4032.6 $3782.8 $3982.1
Total current liabilities $7069.5 $6888.7 $6729.8 $7249.3
Long term debt $33367.8 $43356.9 $44058.2 $43172.7
Total noncurrent liabilities $48525.6 $49287.5 $47912.9
Total debt $47389.5 $47841 $47154.8
Total liabilities $59175.1 $55414.3 $56017.3 $55162.2
Shareholders' equity
Retained earnings -$4893.5 -$3340.8 -$3481.2 -$3638.8
Other shareholder equity -$5182.2 -$6461.8 -$6078 -$5739.5
Total shareholder equity $3856 $4047.8 $4198.2
(in millions $) 31 Dec 2023 31 Jan 2023 31 Dec 2021 31 Dec 2020
Current assets
Cash $2093.4 $2140.7 $2343.3 $1861.4
Short term investments
Net receivables $669.7 $1125.7 $728.9 $511.6
Inventory
Total current assets $3710 $3622.3 $3729.4 $2905.6
Long term investments $789.4 $546.7 $400.9 $400.1
Property, plant & equipment $28667.6 $28917.2 $29009.1 $20597.9
Goodwill & intangible assets $29159.7 $30940 $34077.3 $21122.5
Total noncurrent assets $62317.6 $63572.2 $66158.5 $44327.9
Total investments $789.4 $546.7 $400.9 $400.1
Total assets $66027.6 $67194.5 $69887.9 $47233.5
Current liabilities
Accounts payable $1164.9 $273.8 $914.5 $683.7
Deferred revenue $434.7 $439.7 $1204 $390.6
Short long term debt $3982.1 $5303.1 $5281.3 $1329.7
Total current liabilities $7249.3 $8311.9 $9067.3 $3655.5
Long term debt $43172.7 $34156 $46727.3 $35382.1
Total noncurrent liabilities $47912.9 $46474.1 $51751 $38797.5
Total debt $47154.8 $47051 $52008.6 $36711.8
Total liabilities $55162.2 $61622.1 $60818.3 $42453
Shareholders' equity
Retained earnings -$3638.8 -$2101.9 -$1142.4 -$1343
Other shareholder equity -$5739.5 -$5718.3 -$4738.9 -$3759.4
Total shareholder equity $4198.2 $5572.4 $5081.2 $4093.5
(in millions $) 30 Oct 2024 30 Jun 2024 31 Mar 2024 31 Dec 2023
Revenue
Total revenue $2522.3 $2900.3 $2834.1 $2786.7
Cost of revenue $821.9 $788.3 $811.4
Gross Profit $1870.5 $2078.4 $2045.8 $1975.3
Operating activities
Research & development
Selling, general & administrative $234.3 $257 $252.3
Total operating expenses $731.3 $794.1 $809.2 $1258.4
Operating income $1284.3 $1236.6 $716.9
Income from continuing operations
EBIT $1385.7 $1393.3 $457.5
Income tax expense $122.4 $120 $109.2 $21.9
Interest expense -$656.5 $365.4 $366.7 $350.7
Net income
Net income -$792.3 $900.3 $917.4 $84.9
Income (for common shares) $900.3 $917.4 $84.9
(in millions $) 31 Dec 2023 31 Dec 2022 31 Dec 2021 31 Dec 2020
Revenue
Total revenue $11144.2 $10711.1 $9356.9 $8041.5
Cost of revenue $3260.6 $3263.8 $2682 $2227.2
Gross Profit $7883.6 $7447.3 $6674.9 $5814.3
Operating activities
Research & development
Selling, general & administrative $992.5 $972.3 $811.6 $778.7
Total operating expenses $4858.7 $5095 $3542.9 $2926.8
Operating income $3024.9 $2352.3 $3132 $2887.5
Income from continuing operations
EBIT $3035.7 $2926.3 $3700.4 $2613.7
Income tax expense $154.2 $24 $261.8 $129.6
Interest expense $1398.2 $1136.5 $870.9 $793.5
Net income
Net income $1483.3 $1765.8 $2567.7 $1690.6
Income (for common shares) $1483.3 $1765.8 $2567.7 $1690.6
(in millions $) 30 Oct 2024 30 Jun 2024 31 Mar 2024 31 Dec 2023
Net income $900.3 $917.4 $84.9
Operating activities
Depreciation $561.7 $549.4 $764.9
Business acquisitions & disposals -$10.3 -$44.7 -$16.1
Stock-based compensation $46.3 $64.9 $37.7
Total cash flows from operations $1338.5 $1283.6 $1141.9
Investing activities
Capital expenditures -$325.2 -$396.7 -$524.6
Investments $245.5 $6 $4.3
Total cash flows from investing $771.3 -$89.2 -$436.1 -$529.9
Financing activities
Dividends paid -$2316.9 -$757.1 -$802.1 -$756.1
Sale and purchase of stock $9.8 $13.9 $9.8
Net borrowings -$232.8 $523.8 -$41.8
Total cash flows from financing -$4543.9 -$1027.9 -$390.2 -$815.9
Effect of exchange rate -$130.1 -$119.5 -$34 $65.7
Change in cash and equivalents $188.8 $101.9 $423.3 -$138.2
(in millions $) 31 Dec 2023 31 Dec 2022 31 Dec 2021 31 Dec 2020
Net income $1483.3 $1765.8 $2567.7 $1690.6
Operating activities
Depreciation $3086.5 $3355.1 $2332.6 $1882.3
Business acquisitions & disposals -$168 -$549 -$19303.9 -$3799.1
Stock-based compensation $195.7 $169.3 $119.5 $120.8
Total cash flows from operations $4722.4 $3696.2 $4819.9 $3881.4
Investing activities
Capital expenditures -$1798.1 -$1873.6 -$1376.7 -$1031.7
Investments $17.3 $19.6 -$10.7 $19.6
Total cash flows from investing -$1695.5 -$2355.2 -$20692.2 -$4784.6
Financing activities
Dividends paid -$2949.3 -$2630.4 -$2271 -$1928.2
Sale and purchase of stock $22.1 $2305.3 $2458.6 $42.1
Net borrowings $16.7 -$4113.1 $13713.4 $4151.9
Total cash flows from financing -$3097.4 -$1423.2 $16424.5 $1215.3
Effect of exchange rate $23.2 -$120.4 -$70.3 -$28.7
Change in cash and equivalents -$47.3 -$202.6 $481.9 $283.4
News
What to Expect From American Tower (AMT) in Q1 Earnings?
Zacks via Yahoo Finance 29 Apr 2024
What's in Store for American Tower (AMT) This Earnings Season?
Zacks via Yahoo Finance 26 Feb 2024
Discover the REIT Hack for the 5G Gold Rush
Benzinga via Yahoo Finance 30 Jan 2024
American Tower (AMT) to Wrap Up ATC India Operations for $2.5B
Zacks via Yahoo Finance 13 Jan 2024
American Tower (AMT) Up 20.1% QTD: Will the Trend Last?
Zacks via Yahoo Finance 22 Nov 2023
American Tower (AMT) to Post Q3 Earnings: Is a Beat in Store?
Zacks via Yahoo Finance 24 Oct 2023
Is American Tower (AMT) a Good Choice for Your Portfolio Now?
Zacks via Yahoo Finance 9 Oct 2023
American Tower (AMT) Hikes Dividend by 3.2%: Is It Sustainable?
Zacks via Yahoo Finance 22 Sep 2023
American Tower (AMT) Q2 AFFO & Revenues Top, '23 View Revised
Zacks via Yahoo Finance 27 Jul 2023
10 Best REIT Stocks Under $10
Insider Monkey via Yahoo Finance 21 Apr 2023
Fundamentals
Market cap $102.88B
Enterprise value N/A
Shares outstanding 467.28M
Revenue $11.04B
EBITDA N/A
EBIT N/A
Net Income $1.11B
Revenue Q/Q -10.51%
Revenue Y/Y -0.17%
P/E ratio 92.66
EV/Sales N/A
EV/EBITDA N/A
EV/EBIT N/A
P/S ratio 9.32
P/B ratio N/A
Book/Share N/A
Cash/Share N/A
EPS $2.38
ROA 1.70%
ROE N/A
Debt/Equity 13.14
Net debt/EBITDA N/A
Current ratio 0.48
Quick ratio N/A