American Historical Income Statement

AMT Stock

USD 178.12 1.08 0.60%

Historical analysis of American Tower income statement accounts such as Interest Expense of 1.5 B, Selling General Administrative of 1 B or Total Revenue of 11.7 B can show how well American Tower Corp performed in making a profits. Evaluating American Tower income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of American Tower's future profits or losses.

Cash Flow Balance Sheet Income Statement

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining American Tower Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether American Tower Corp is a good buy for the upcoming year.

Net Income Gross Profit

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Tower Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

About American Income Statement Analysis

American Tower Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to American Tower shareholders. The income statement also shows American investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

American Tower Income Statement Chart

American Tower Corp Income Statement is one of the three primary financial statements used for reporting American's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of American Tower Corp revenue and expense. American Tower Income Statement primarily focuses on the company's revenues and expenses during a particular period.

At this time, American Tower's Cost Of Revenue is comparatively stable compared to the past year. Total Operating Expenses is likely to gain to about 1.5 B in 2024, whereas Preferred Stock And Other Adjustments is likely to drop slightly above 8 M in 2024.

Selling General Administrative Total Revenue Gross Profit Other Operating Expenses

Total Revenue

Total revenue comprises all receipts American Tower Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

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. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of American Tower Corp. It is also known as American Tower overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Most accounts from American Tower's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into American Tower Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Tower Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

	2021	2022	2023	2024 (projected)
Gross Profit	6.7B	7.4B	4.8B	2.7B
Total Revenue	9.4B	10.7B	11.1B	11.7B

Gross Profit Total Revenue

American Tower income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Minority Interest	Discontinued Operations	Net Income From Continuing Ops	Non Operating Income Net Other	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation	Selling And Marketing Expenses
Depreciation And Amortization		0.93	0.95	0.97	0.77	0.98	0.85	0.86	0.97	0.83	0.71	0.78	-0.63	0.82	0.19	0.81	-0.49	0.63	0.8	-0.32	-0.11	-0.82	0.87	-0.77
Interest Expense	0.93		0.96	0.97	0.62	0.96	0.92	0.93	0.96	0.95	0.49	0.69	-0.8	0.73	0.23	0.82	-0.69	0.46	0.71	-0.35	-0.35	-0.88	0.78	-0.72
Selling General Administrative	0.95	0.96		0.99	0.79	0.98	0.94	0.95	0.98	0.85	0.68	0.81	-0.71	0.85	0.19	0.75	-0.51	0.64	0.63	-0.38	-0.3	-0.77	0.74	-0.78
Total Revenue	0.97	0.97	0.99		0.76	0.99	0.95	0.95	1.0	0.89	0.64	0.82	-0.74	0.85	0.23	0.81	-0.56	0.64	0.71	-0.34	-0.27	-0.82	0.78	-0.81
Gross Profit	0.77	0.62	0.79	0.76		0.76	0.69	0.7	0.76	0.39	0.93	0.85	-0.24	0.87	0.05	0.45	0.11	0.81	0.35	-0.34	-0.08	-0.31	0.54	-0.64
Other Operating Expenses	0.98	0.96	0.98	0.99	0.76		0.9	0.91	0.98	0.87	0.68	0.78	-0.7	0.82	0.16	0.83	-0.54	0.61	0.73	-0.39	-0.26	-0.83	0.83	-0.77
Operating Income	0.85	0.92	0.94	0.95	0.69	0.9		1.0	0.96	0.86	0.5	0.86	-0.78	0.87	0.39	0.69	-0.58	0.65	0.62	-0.18	-0.26	-0.73	0.61	-0.83
Ebit	0.86	0.93	0.95	0.95	0.7	0.91	1.0		0.96	0.86	0.52	0.87	-0.77	0.88	0.36	0.71	-0.57	0.67	0.63	-0.21	-0.28	-0.73	0.61	-0.83
Ebitda	0.97	0.96	0.98	1.0	0.76	0.98	0.96	0.96		0.88	0.64	0.85	-0.72	0.88	0.29	0.79	-0.55	0.67	0.74	-0.28	-0.2	-0.81	0.78	-0.83
Cost Of Revenue	0.83	0.95	0.85	0.89	0.39	0.87	0.86	0.86	0.88		0.23	0.55	-0.89	0.59	0.29	0.84	-0.85	0.29	0.77	-0.25	-0.33	-0.95	0.77	-0.69
Total Operating Expenses	0.71	0.49	0.68	0.64	0.93	0.68	0.5	0.52	0.64	0.23		0.72	-0.04	0.75	-0.11	0.39	0.2	0.78	0.28	-0.41	-0.02	-0.22	0.49	-0.5
Income Before Tax	0.78	0.69	0.81	0.82	0.85	0.78	0.86	0.87	0.85	0.55	0.72		-0.44	0.99	0.37	0.49	-0.19	0.92	0.55	-0.06	0.04	-0.45	0.49	-0.82
Total Other Income Expense Net	-0.63	-0.8	-0.71	-0.74	-0.24	-0.7	-0.78	-0.77	-0.72	-0.89	-0.04	-0.44		-0.47	-0.32	-0.71	0.81	-0.18	-0.59	0.12	0.35	0.87	-0.65	0.77
Net Income	0.82	0.73	0.85	0.85	0.87	0.82	0.87	0.88	0.88	0.59	0.75	0.99	-0.47		0.28	0.54	-0.21	0.92	0.58	-0.16	-0.01	-0.49	0.54	-0.83
Income Tax Expense	0.19	0.23	0.19	0.23	0.05	0.16	0.39	0.36	0.29	0.29	-0.11	0.37	-0.32	0.28		-0.01	-0.3	0.17	0.31	0.78	0.39	-0.22	0.12	-0.31
Minority Interest	0.81	0.82	0.75	0.81	0.45	0.83	0.69	0.71	0.79	0.84	0.39	0.49	-0.71	0.54	-0.01		-0.63	0.36	0.74	-0.45	-0.39	-0.85	0.79	-0.68
Discontinued Operations	-0.49	-0.69	-0.51	-0.56	0.11	-0.54	-0.58	-0.57	-0.55	-0.85	0.2	-0.19	0.81	-0.21	-0.3	-0.63		0.04	-0.63	0.07	0.29	0.84	-0.48	0.42
Net Income From Continuing Ops	0.63	0.46	0.64	0.64	0.81	0.61	0.65	0.67	0.67	0.29	0.78	0.92	-0.18	0.92	0.17	0.36	0.04		0.39	-0.13	0.1	-0.22	0.31	-0.71
Non Operating Income Net Other	0.8	0.71	0.63	0.71	0.35	0.73	0.62	0.63	0.74	0.77	0.28	0.55	-0.59	0.58	0.31	0.74	-0.63	0.39		-0.04	0.18	-0.85	0.84	-0.65
Tax Provision	-0.32	-0.35	-0.38	-0.34	-0.34	-0.39	-0.18	-0.21	-0.28	-0.25	-0.41	-0.06	0.12	-0.16	0.78	-0.45	0.07	-0.13	-0.04		0.67	0.23	-0.25	0.08
Interest Income	-0.11	-0.35	-0.3	-0.27	-0.08	-0.26	-0.26	-0.28	-0.2	-0.33	-0.02	0.04	0.35	-0.01	0.39	-0.39	0.29	0.1	0.18	0.67		0.19	0.01	0.05
Net Interest Income	-0.82	-0.88	-0.77	-0.82	-0.31	-0.83	-0.73	-0.73	-0.81	-0.95	-0.22	-0.45	0.87	-0.49	-0.22	-0.85	0.84	-0.22	-0.85	0.23	0.19		-0.88	0.7
Reconciled Depreciation	0.87	0.78	0.74	0.78	0.54	0.83	0.61	0.61	0.78	0.77	0.49	0.49	-0.65	0.54	0.12	0.79	-0.48	0.31	0.84	-0.25	0.01	-0.88		-0.68
Selling And Marketing Expenses	-0.77	-0.72	-0.78	-0.81	-0.64	-0.77	-0.83	-0.83	-0.83	-0.69	-0.5	-0.82	0.77	-0.83	-0.31	-0.68	0.42	-0.71	-0.65	0.08	0.05	0.7	-0.68

Click cells to compare fundamentals

American Tower Account Relationship Matchups

American Tower income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	1.9B	1.7B	2.9B	3.9B	3.1B	3.2B
Interest Expense	814.2M	793.5M	870.9M	1.1B	1.4B	1.5B
Selling General Administrative	730.4M	781.7M	811.6M	972.3M	964.5M	1.0B
Total Revenue	7.6B	8.0B	9.4B	10.7B	11.1B	11.7B
Gross Profit	5.4B	5.8B	6.7B	7.4B	4.8B	2.7B
Other Operating Expenses	4.9B	5.2B	6.2B	8.4B	7.7B	8.1B
Operating Income	2.7B	2.9B	3.1B	2.4B	3.4B	3.6B
Ebit	2.7B	2.9B	3.1B	2.4B	3.4B	3.6B
Ebitda	4.5B	4.6B	6.1B	6.2B	6.5B	6.8B
Cost Of Revenue	2.2B	2.2B	2.7B	3.3B	6.3B	6.7B
Total Operating Expenses	2.7B	2.9B	3.5B	5.1B	1.4B	1.5B
Income Before Tax	1.9B	1.8B	2.8B	1.7B	1.5B	1.6B
Total Other Income Expense Net	(772M)	(1.1B)	(302.6M)	(631.6M)	(1.9B)	(1.8B)
Net Income	1.9B	1.7B	2.6B	1.8B	1.5B	1.6B
Income Tax Expense	(200K)	129.6M	261.8M	24M	154.2M	161.9M
Minority Interest	28.8M	900K	(100K)	69.1M	77.4M	81.3M
Net Income Applicable To Common Shares	1.9B	1.7B	2.6B	1.8B	2.0B	2.1B
Net Income From Continuing Ops	1.9B	1.7B	2.6B	1.7B	637.2M	1.3B
Non Operating Income Net Other	42.2M	(272.9M)	568.3M	504.9M	580.6M	609.7M
Tax Provision	(200K)	129.6M	261.8M	24M	90.3M	90.4M
Interest Income	46.8M	39.7M	1.4B	615.5M	135.7M	128.9M
Net Interest Income	(767.4M)	(753.8M)	(830.5M)	(1.1B)	(1.2B)	(1.3B)
Reconciled Depreciation	1.8B	1.9B	2.3B	3.4B	3.1B	2.6B

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.

American Tower Implied Volatility

102.81

American Tower's implied volatility exposes the market's sentiment of American Tower Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if American Tower's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that American Tower stock will not fluctuate a lot when American Tower's options are near their expiration.

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 against American Stock

0.54

AHT-PG

Ashford Hospitality Trust

Pair Corr

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 Correlation Correlation 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:

How To Invest In American

Details

Is American Stock a good investment?

Details

What is American Tower's Net Worth?

Details

Largest Diversified REITs Companies

View

Largest Equity Real Estate Investment Trusts (REITs) Companies

View

You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

Complementary Tools for American Stock analysis

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.

	Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments
	Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
	Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios
	Commodity Channel Use Commodity Channel Index to analyze current equity momentum
	Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format
	Technical Analysis Check basic technical indicators and analysis based on most latest market data
	Insider Screener Find insiders across different sectors to evaluate their impact on performance
	Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios
	Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
	ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
	Commodity Directory Find actively traded commodities issued by global exchanges
	Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

American Historical Income Statement

About American Income Statement Analysis

American Tower Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

American Tower income statement Correlations

American Tower Account Relationship Matchups

High Positive Relationship

High Negative Relationship

American Tower income statement Accounts

American Tower Investors Sentiment

American Tower Implied Volatility

Pair Trading with American Tower

Moving against American Stock

Complementary Tools for American Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Ebitda	+ 1.0	Total Revenue
Ebit	+ 1.0	Operating Income
Total Revenue	+ 0.99	Selling General Administrative
Other Operating Expenses	+ 0.99	Total Revenue
Net Income	+ 0.99	Income Before Tax
Other Operating Expenses	+ 0.98	Depreciation And Amortization

Net Interest Income	- 0.95	Cost Of Revenue
Total Other Income Expense Net	- 0.89	Cost Of Revenue
Reconciled Depreciation	- 0.88	Net Interest Income
Net Interest Income	- 0.88	Interest Expense
Net Interest Income	- 0.85	Non Operating Income Net Other
Net Interest Income	- 0.85	Minority Interest