American Gross Profit from 2010 to 2024

AMT Stock  USD 174.18  1.88  1.09%   
American Tower Gross Profit yearly trend continues to be comparatively stable with very little volatility. Gross Profit will likely drop to about 2.7 B in 2024. Gross Profit is the profit American Tower Corp makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
1997-03-31
Previous Quarter
B
Current Value
1.2 B
Quarterly Volatility
600 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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.

Latest American Tower's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of American Tower Corp over the last few years. Gross profit is a required income statement account that reflects total revenue of American Tower Corp minus its cost of goods sold. It is profit before American Tower operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. American Tower's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in American Tower's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 7.45 B10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

American Gross Profit Regression Statistics

Arithmetic Mean3,973,153,311
Geometric Mean2,605,774,214
Coefficient Of Variation50.40
Mean Deviation1,624,278,735
Median3,997,717,000
Standard Deviation2,002,508,350
Sample Variance4010039.7T
Range7.4B
R-Value0.74
Mean Square Error1937744.5T
R-Squared0.55
Significance0
Slope332,468,459
Total Sum of Squares56140555.7T

American Gross Profit History

20242.7 B
20234.8 B
20227.4 B
20216.7 B
20205.8 B
20195.4 B
20185.3 B

Other Fundumenentals of American Tower Corp

American Tower Gross Profit component correlations

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0.710.320.670.71-0.590.670.740.710.70.660.660.720.69-0.540.660.36-0.150.760.5-0.490.670.690.73-0.680.54
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0.640.740.470.61-0.540.720.630.60.620.640.460.670.63-0.550.540.32-0.090.670.42-0.560.370.510.41-0.40.37
0.990.410.720.99-0.70.690.960.980.990.970.860.970.63-0.840.970.730.020.920.78-0.830.70.870.89-0.830.7
-0.86-0.35-0.6-0.860.5-0.54-0.93-0.8-0.87-0.92-0.84-0.86-0.55-0.84-0.82-0.840.03-0.81-0.740.96-0.74-0.83-0.680.76-0.48
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0.750.310.450.72-0.460.360.820.690.740.820.70.760.320.73-0.840.730.030.680.79-0.890.570.690.57-0.630.5
0.03-0.31-0.570.02-0.5-0.150.00.060.020.05-0.07-0.13-0.090.020.030.150.03-0.060.120.04-0.170.160.020.140.43
0.920.410.790.92-0.570.760.90.90.920.90.820.920.670.92-0.810.870.68-0.060.86-0.790.740.910.88-0.790.65
0.790.350.520.77-0.550.50.820.770.780.790.740.790.420.78-0.740.790.790.120.86-0.810.660.830.74-0.710.69
-0.84-0.5-0.56-0.820.5-0.49-0.92-0.77-0.84-0.89-0.77-0.87-0.56-0.830.96-0.79-0.890.04-0.79-0.81-0.63-0.76-0.620.7-0.48
0.760.110.70.76-0.430.670.760.780.760.770.950.70.370.7-0.740.740.57-0.170.740.66-0.630.820.83-0.960.49
0.890.120.650.91-0.660.690.860.880.910.90.880.810.510.87-0.830.920.690.160.910.83-0.760.820.9-0.850.75
0.890.110.770.91-0.620.730.830.930.90.850.880.820.410.89-0.680.90.570.020.880.74-0.620.830.9-0.90.72
-0.87-0.19-0.73-0.870.55-0.68-0.84-0.89-0.87-0.86-0.98-0.81-0.4-0.830.76-0.87-0.630.14-0.79-0.710.7-0.96-0.85-0.9-0.6
0.7-0.030.270.7-0.910.540.630.750.70.690.610.570.370.7-0.480.80.50.430.650.69-0.480.490.750.72-0.6
Click cells to compare fundamentals

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 Gross Profit, 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
Gross Profit4.8 B2.7 B
Gross Profit Margin 0.43  0.50 

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 CEOs Directory module to screen CEOs from public companies around the world.

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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.