American Financial Statements From 2010 to 2024

AMT Stock  USD 173.35  0.83  0.48%   
American Tower financial statements provide useful quarterly and yearly information to potential American Tower Corp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on American Tower financial statements helps investors assess American Tower's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting American Tower's valuation are summarized below:
Gross Profit
7.4 B
Profit Margin
0.1331
Market Capitalization
81.3 B
Enterprise Value Revenue
11.5631
Revenue
11.1 B
There are currently one hundred twenty fundamental signals for American Tower Corp that can be evaluated and compared over time across rivals. All traders should validate American Tower's prevailing fundamentals against the performance from 2010 to 2024 and make sure the trends continue to evolve in the right direction. Market Cap is likely to gain to about 65.7 B in 2024. Enterprise Value is likely to gain to about 84.6 B in 2024

American Tower Total Revenue

11.7 Billion

Check American Tower financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among American main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.2 B, Interest Expense of 1.5 B or Selling General Administrative of 1 B, as well as many exotic indicators such as Price To Sales Ratio of 12.29, Dividend Yield of 0.0483 or PTB Ratio of 25.16. American financial statements analysis is a perfect complement when working with American Tower Valuation or Volatility modules.
  
This module can also supplement American Tower's financial leverage analysis and stock options assessment as well as various American Tower Technical models . Check out the analysis of American Tower Correlation against competitors.

American Tower Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets69.3 B66 B37 B
Slightly volatile
Short and Long Term Debt Total49.5 B47.2 B25.7 B
Slightly volatile
Other Current Liabilities2.7 B2.6 B1.3 B
Slightly volatile
Total Current Liabilities7.6 B7.2 B3.7 B
Slightly volatile
Total Stockholder EquityB4.2 B4.5 B
Slightly volatile
Property Plant And Equipment Net20.8 B19.8 B13.8 B
Slightly volatile
Current Deferred Revenue229.8 M434.7 M309.4 M
Slightly volatile
Net Debt47.3 B45.1 B24.6 B
Slightly volatile
Accounts Payable153.2 M258.7 M149.9 M
Slightly volatile
Cash2.2 B2.1 B1.1 B
Slightly volatile
Non Current Assets Total65.4 B62.3 B34.9 B
Slightly volatile
Non Currrent Assets Other10 B9.6 BB
Slightly volatile
Cash And Short Term Investments2.2 B2.1 B1.1 B
Slightly volatile
Net Receivables703.2 M669.7 M395.5 M
Slightly volatile
Good Will13.3 B12.6 B6.6 B
Slightly volatile
Common Stock Total Equity3.9 M5.5 M4.1 M
Slightly volatile
Common Stock Shares Outstanding377.3 M467.2 M401.8 M
Slightly volatile
Liabilities And Stockholders Equity69.3 B66 B37 B
Slightly volatile
Non Current Liabilities Total50.3 B47.9 B26.6 B
Slightly volatile
Other Stockholder Equity7.1 B13.6 B8.1 B
Slightly volatile
Total Liabilities57.9 B55.2 B30.3 B
Slightly volatile
Property Plant And Equipment Gross41.8 B39.8 B16.5 B
Slightly volatile
Total Current Assets3.9 B3.7 B2.1 B
Slightly volatile
Short Term Debt4.2 BB1.9 B
Slightly volatile
Intangible Assets17.3 B16.5 B10.8 B
Slightly volatile
Common StockM5.5 M4.1 M
Slightly volatile
Other Liabilities5.7 B5.4 B2.9 B
Slightly volatile
Other Assets2.3 B4.3 B2.4 B
Slightly volatile
Long Term Debt37.5 B35.7 B21 B
Slightly volatile
Property Plant Equipment34.9 B33.3 B15.8 B
Slightly volatile
Long Term Debt Total21.8 B39.3 B20.5 B
Slightly volatile
Capital Surpluse10.3 B16.9 B9.6 B
Slightly volatile
Non Current Liabilities Other708 M745.3 M3.1 B
Slightly volatile
Deferred Long Term Asset Charges1.4 BB1.4 B
Slightly volatile
Long Term Investments855 K900 K3.2 M
Slightly volatile
Short and Long Term Debt2.3 B3.2 B1.8 B
Slightly volatile
Warrants181.3 M190.9 M791.6 M
Slightly volatile
Cash And Equivalents1.6 B2.3 B1.2 B
Slightly volatile
Net Invested Capital39.5 B43.1 B31.7 B
Slightly volatile
Capital Stock5.1 M5.5 M4.6 M
Slightly volatile
Capital Lease Obligations8.8 B8.2 B7.4 B
Slightly volatile

American Tower Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization3.2 B3.1 B1.8 B
Slightly volatile
Selling General AdministrativeB964.5 M612 M
Slightly volatile
Total Revenue11.7 B11.1 B6.4 B
Slightly volatile
Gross Profit2.7 B4.8 BB
Slightly volatile
Other Operating Expenses8.1 B7.7 B4.4 B
Slightly volatile
Operating Income3.6 B3.4 BB
Slightly volatile
EBIT3.6 B3.4 BB
Slightly volatile
EBITDA6.8 B6.5 B3.8 B
Slightly volatile
Cost Of Revenue6.7 B6.3 B2.3 B
Slightly volatile
Total Operating Expenses1.5 B1.4 B2.1 B
Slightly volatile
Net Income Applicable To Common Shares2.1 BB1.2 B
Slightly volatile
Discontinued Operations24 K27 K29.4 K
Slightly volatile
Net Income From Continuing Ops1.3 B637.2 M1.1 B
Slightly volatile
Preferred Stock And Other AdjustmentsM8.5 M31.2 M
Slightly volatile
Interest Income128.9 M135.7 M422.3 M
Pretty Stable
Reconciled Depreciation2.6 B3.1 B2.1 B
Slightly volatile
Selling And Marketing Expenses2.5 M2.7 M3.1 M
Slightly volatile

American Tower Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow2.2 B2.1 B1.1 B
Slightly volatile
Depreciation3.2 B3.1 B1.7 B
Slightly volatile
Capital Expenditures1.9 B1.8 B993.2 M
Slightly volatile
Total Cash From Operating ActivitiesB4.7 B2.9 B
Slightly volatile
End Period Cash Flow2.2 B2.1 B1.1 B
Slightly volatile
Dividends Paid3.1 B2.9 B1.3 B
Slightly volatile
Stock Based Compensation205.5 M195.7 M114.5 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio12.299.028312.8488
Slightly volatile
Dividend Yield0.04830.02930.0186
Slightly volatile
PTB Ratio25.1623.965914.1854
Slightly volatile
Days Sales Outstanding35.8121.934325.2715
Very volatile
Book Value Per Share8.659.007810.6381
Pretty Stable
Invested Capital11.7911.23215.4909
Slightly volatile
Operating Cash Flow Per Share10.6410.13256.6527
Slightly volatile
Stock Based Compensation To Revenue0.02970.01760.0282
Slightly volatile
PB Ratio25.1623.965914.1854
Slightly volatile
EV To Sales15.9313.071816.5822
Slightly volatile
ROIC0.0630.060.0605
Pretty Stable
Inventory Turnover27.4626.1615.6738
Slightly volatile
Days Of Inventory On Hand13.7214.4432.9916
Slightly volatile
Payables Turnover25.7624.534613.0684
Slightly volatile
Sales General And Administrative To Revenue0.07090.07810.0977
Slightly volatile
Research And Ddevelopement To Revenue0.01130.00860.0077
Slightly volatile
Cash Per Share4.724.49172.4026
Slightly volatile
POCF Ratio15.5421.305625.5641
Slightly volatile
Interest Coverage2.332.45092.6203
Pretty Stable
Days Payables Outstanding14.1314.87744.4921
Slightly volatile
EV To Operating Cash Flow31.9830.847734.0774
Pretty Stable
Intangibles To Total Assets0.340.44160.4396
Pretty Stable
Net Debt To EBITDA6.686.91836.5924
Very volatile
Current Ratio0.490.51180.7333
Slightly volatile
Receivables Turnover14.1716.640616.8206
Pretty Stable
Graham Number15.8625.397623.7151
Slightly volatile
Shareholders Equity Per Share8.659.007810.6381
Pretty Stable
Debt To Equity11.7911.23215.4909
Slightly volatile
Average ReceivablesMM9.8 M
Slightly volatile
Revenue Per Share25.1123.911414.5592
Slightly volatile
Interest Debt Per Share10910459.8911
Slightly volatile
Debt To Assets0.460.71420.6382
Slightly volatile
Enterprise Value Over EBITDA31.7222.365430.6609
Slightly volatile
Short Term Coverage Ratios1.131.185914.5247
Slightly volatile
Operating Cycle20.8421.934350.4196
Slightly volatile
Price Book Value Ratio25.1623.965914.1854
Slightly volatile
Days Of Payables Outstanding14.1314.87744.4921
Slightly volatile
Price To Operating Cash Flows Ratio15.5421.305625.5641
Slightly volatile
Operating Profit Margin0.160.30750.2995
Pretty Stable
Company Equity Multiplier16.5115.72767.9094
Slightly volatile
Long Term Debt To Capitalization0.520.91140.7521
Slightly volatile
Total Debt To Capitalization0.520.91820.7585
Slightly volatile
Return On Capital Employed0.03310.05830.0591
Pretty Stable
Debt Equity Ratio11.7911.23215.4909
Slightly volatile
Ebit Per Revenue0.160.30750.2995
Pretty Stable
Quick Ratio0.740.38120.5073
Slightly volatile
Net Income Per E B T1.070.9750.9591
Pretty Stable
Cash Ratio0.470.28880.3467
Pretty Stable
Operating Cash Flow Sales Ratio0.320.42380.4654
Slightly volatile
Days Of Inventory Outstanding13.7214.4432.9916
Slightly volatile
Days Of Sales Outstanding35.8121.934325.2715
Very volatile
Cash Flow Coverage Ratios0.0960.10010.1252
Slightly volatile
Price To Book Ratio25.1623.965914.1854
Slightly volatile
Fixed Asset Turnover0.340.56320.4546
Very volatile
Price Cash Flow Ratio15.5421.305625.5641
Slightly volatile
Enterprise Value Multiple31.7222.365430.6609
Slightly volatile
Debt Ratio0.460.71420.6382
Slightly volatile
Cash Flow To Debt Ratio0.0960.10010.1252
Slightly volatile
Price Sales Ratio12.299.028312.8488
Slightly volatile
Asset Turnover0.130.16880.1707
Very volatile
Gross Profit Margin0.50.43050.6708
Slightly volatile
Price Fair Value25.1623.965914.1854
Slightly volatile

American Tower Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap65.7 B62.6 B50.1 B
Slightly volatile
Enterprise Value84.6 B80.5 B65.8 B
Slightly volatile

American Fundamental Market Drivers

Forward Price Earnings24.6914
Cash And Short Term Investments2.1 B

American Upcoming Events

27th of February 2024
Upcoming Quarterly Report
View
24th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
27th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About American Tower Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include American Tower income statement, its balance sheet, and the statement of cash flows. American Tower investors use historical funamental indicators, such as American Tower's revenue or net income, to determine how well the company is positioned to perform in the future. Although American Tower investors may use each financial statement separately, they are all related. The changes in American Tower's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on American Tower's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on American Tower Financial Statements. Understanding these patterns can help to make the right decision on long term investment in American Tower. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue434.7 M229.8 M
Total Revenue11.1 B11.7 B
Cost Of Revenue6.3 B6.7 B
Stock Based Compensation To Revenue 0.02  0.03 
Sales General And Administrative To Revenue 0.08  0.07 
Research And Ddevelopement To Revenue 0.01  0.01 
Capex To Revenue(0.16)(0.17)
Revenue Per Share 23.91  25.11 
Ebit Per Revenue 0.31  0.16 

American Tower Investors Sentiment

The influence of American Tower's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in American. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to American Tower's public news can be used to forecast risks associated with an investment in American. The trend in average sentiment can be used to explain how an investor holding American can time the market purely based on public headlines and social activities around American Tower Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
American Tower's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for American Tower's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average American Tower's news discussions. The higher the estimated score, the more favorable is the investor's outlook on American Tower.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards American Tower in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, American Tower's short interest history, or implied volatility extrapolated from American Tower options trading.

Pair Trading with American Tower

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if American Tower position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in American Tower will appreciate offsetting losses from the drop in the long position's value.

Moving together with American Stock

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The ability to find closely correlated positions to American Tower could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American Tower when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back American Tower - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling American Tower Corp to buy it.
The correlation of American Tower is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as American Tower moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Tower Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for American Tower can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether American Tower Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if American Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about American Tower Corp Stock. Highlighted below are key reports to facilitate an investment decision about American Tower Corp Stock:
Check out the analysis of American Tower Correlation against competitors.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.

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When running American Tower's price analysis, check to measure American Tower's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy American Tower is operating at the current time. Most of American Tower's value examination focuses on studying past and present price action to predict the probability of American Tower's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Tower's price. Additionally, you may evaluate how the addition of American Tower to your portfolios can decrease your overall portfolio volatility.
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Is American Tower's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of American Tower. If investors know American will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about American Tower listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.30)
Dividend Share
6.45
Earnings Share
3.19
Revenue Per Share
23.911
Quarterly Revenue Growth
0.03
The market value of American Tower Corp is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Tower's value that differs from its market value or its book value, called intrinsic value, which is American Tower's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because American Tower's market value can be influenced by many factors that don't directly affect American Tower's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between American Tower's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Tower is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Tower's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.