Sunday 1 November 2026 Export AMT’s income statement to Excel — free account

American Tower Corporation

American Tower Corporation’s revenue for fiscal 2025 (year ended December 2025) was $10.6 billion, up 5.11% from fiscal 2024.

Revenue: +4.65%
EPS: +138.5%
Free cash flow: +19.4%
Total debt: −0.79%

Quarter to June 2026, against a year earlier

187.78 1.90 +1.02%

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Market cap: $86.2B
P/E: 25.9×
Fwd P/E: 27.0×
Dividend yield: 3.76%
F-score: 5/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Segments Filings

	Dec '25	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16
P/E ratio Full definition →	32.45	37.97	68.81	55.76	51.32	58.76	53.82	56.90	52.27	52.81
Piotroski F-Score Full definition →	5	7	6	6	4	5	5	7	7	7
P/S ratio Full definition →	7.72	8.46	10.19	10.27	14.11	12.38	13.41	9.35	9.07	7.80
P/FCF ratio Full definition →	21.71	23.15	34.87	54.36	38.35	34.94	36.81	24.53	28.48	22.35
P/Operating CF Full definition →	57.55	71.44	89.31	83.61	194.53	87.94	102.30	55.05	76.59	62.40
P/B ratio Full definition →	7.93	8.88	9.39	7.98	14.56	21.80	18.51	11.79	8.85	6.47
Price to Tangible BV Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EV/Sales Full definition →	11.06	11.85	13.87	14.06	18.49	15.79	16.38	12.02	11.96	10.84
EV/EBITDA Full definition →	16.97	17.93	22.18	22.08	31.42	26.44	27.63	22.14	21.34	18.47
EV/Operating CF Full definition →	21.55	22.69	29.41	36.69	35.89	32.72	33.08	23.85	27.23	23.22
EV/FCF Full definition →	31.13	32.44	47.50	74.40	50.24	44.57	44.95	31.53	37.55	31.06
Quick Ratio Full definition →	0.44	0.49	0.51	0.46	0.47	1.09	0.48	0.44	0.76	1.10
Current Ratio Full definition →	0.60	0.62	0.67	0.54	0.53	1.27	0.58	0.68	1.25	1.84
Net Debt/EBITDA Full definition →	5.13	5.14	5.90	5.95	7.43	5.71	5.00	4.92	5.15	5.18
Debt/Assets Full definition →	58.90%	59.76%	58.77%	57.55%	61.89%	62.01%	56.20%	64.10%	60.83%	60.02%
Debt/Equity Full definition →	3.59	3.78	3.57	3.12	4.77	6.41	4.38	3.59	2.96	2.66
Asset Turnover Full definition →	0.17	0.16	0.15	0.14	0.16	0.18	0.20	0.22	0.21	0.20
Operating CF/Net income Full definition →	2.16	2.35	3.18	2.09	1.88	2.30	1.99	3.05	2.54	3.18
Capex/Depreciation Full definition →	(0.80)	(0.73)	(0.57)	(0.55)	(0.58)	(0.54)	(0.55)	(0.43)	(0.46)	(0.44)
Interest Coverage Full definition →	3.56	3.22	2.25	2.41	3.60	3.64	3.30	2.31	2.67	2.58
ROE Full definition →	25.29%	21.98%	12.75%	16.44%	37.66%	33.61%	33.15%	19.28%	16.68%	12.41%
ROA Full definition →	4.07%	3.55%	2.23%	2.58%	4.38%	3.76%	4.98%	3.71%	3.59%	2.94%
ROIC Full definition →	6.59%	6.41%	4.09%	3.50%	3.92%	5.64%	6.01%	4.62%	4.79%	4.71%
Return on Tangible Assets Full definition →	13.82%	13.27%	8.58%	10.32%	15.33%	12.62%	18.35%	12.31%	9.94%	7.40%
Average Days of Receivables Full definition →	22.30	19.46	19.96	28.70	28.43	23.22	22.26	22.52	28.13	19.46
Research and Development Expense of Revenue Full definition →	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Selling, General and Administrative Expense of Revenue Full definition →	8.84%	9.22%	9.45%	9.35%	8.67%	9.68%	9.64%	9.85%	9.56%	9.39%
Intangible Assets out of Total Assets Full definition →	0.42	0.43	0.42	0.46	0.49	0.45	0.43	0.51	0.52	0.53
Share Based Compensation of Revenue Full definition →	1.64%	2.01%	1.95%	1.76%	1.28%	1.50%	1.47%	1.85%	1.63%	1.55%
Graham Net Nets Full definition →	(0.60)	(0.56)	(0.51)	(0.52)	(0.43)	(0.40)	(0.34)	(0.35)	(0.40)	(0.48)
Graham Number Full definition →	51.90	47.38	40.84	48.26	50.76	29.75	34.53	28.97	31.13	27.24
Earnings Yield Full definition →	3.08%	2.63%	1.45%	1.79%	1.95%	1.70%	1.86%	1.76%	1.91%	1.89%
Free Cash Flow Yield Full definition →	4.61%	4.32%	2.87%	1.84%	2.61%	2.86%	2.72%	4.08%	3.51%	4.47%
Revenue per Share Full definition →	22.75	21.69	21.48	20.90	20.72	18.13	17.14	16.92	15.56	13.61
Operating CF per Share Full definition →	11.68	11.33	10.13	8.01	10.68	8.75	8.48	8.53	6.83	6.35
Capex per Share Full definition →	(3.59)	(3.40)	(3.86)	(4.06)	(3.05)	(2.33)	(2.24)	(2.08)	(1.88)	(1.61)
Free Cash Flow per Share Full definition →	8.09	7.92	6.27	3.95	7.63	6.42	6.24	6.45	4.96	4.75
Cash per Share Full definition →	3.43	4.51	4.02	4.64	5.19	4.20	3.57	2.97	2.23	2.21
Shareholders Equity per Share Full definition →	22.13	20.66	23.31	26.89	20.09	10.30	12.41	13.42	15.95	16.41
Interest Debt per Share Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Book value per Share Full definition →	22.13	20.66	23.31	26.89	20.09	10.30	12.41	13.42	15.95	16.41
Free Cash Flow Full definition →	3,783.60	3,700.50	2,924.30	1,822.60	3,443.20	2,849.70	2,761.30	2,835.10	2,122.00	2,019.20
Working Capital Full definition →	(2,052.90)	(2,064.30)	(1,579.40)	(2,892.30)	(3,035.50)	592.70	(1,797.30)	(1,281.90)	480.70	955.10
Capital Expenditures Full definition →	(1,680.40)	(1,590.00)	(1,798.10)	(1,873.60)	(1,376.70)	(1,031.70)	(991.30)	(913.20)	(803.60)	(682.50)
Net Current Asset Value Full definition →	(49,702.70)	(48,103.60)	(51,986.00)	(51,340.30)	(57,345.20)	(39,892.00)	(34,864.60)	(24,384.30)	(23,966.60)	(21,812.60)
EV/EBIT Full definition →	24.30	26.58	44.44	49.52	55.23	43.98	46.17	46.93	39.87	33.85
Capex to Sales Full definition →	0.16	0.16	0.18	0.19	0.15	0.13	0.13	0.12	0.12	0.12
Price to Operating Income Full definition →	16.95	18.96	32.63	36.18	42.17	34.49	37.81	36.50	30.24	24.35
Other line items
Depreciation/Fixed assets Full definition →	0.10	0.11	0.17	0.17	0.12	0.15	0.15	0.19	0.16	0.15
Cash ROIC Full definition →	7.69%	7.67%	5.67%	3.42%	6.30%	7.98%	8.87%	10.00%	7.58%	7.63%
Accounts Receivable Turnover Full definition →	17.89	18.62	15.34	12.97	15.09	16.52	16.46	15.30	16.21	21.60
Accounts Payable Turnover Full definition →	10.98	10.46	10.90	10.47	13.04	15.51	15.90	15.91	15.72	16.62
Inventory Turnover Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Average Days of Payables Full definition →	34.51	34.14	35.81	31.06	37.07	22.80	24.38	21.92	25.36	24.20
Days of Inventory on Hand Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Average Receivables Full definition →	595.15	543.75	652.90	743.60	620.25	486.90	460.60	486.30	411.00	267.88
Average Payables Full definition →	250.30	246.05	234.95	245.50	205.75	143.60	139.45	136.85	130.80	107.71
Average Assets Full definition →	62,133.90	63,552.50	66,611.05	68,541.20	58,560.70	45,017.55	37,906.00	33,112.35	32,046.75	28,891.74
Average Common Equity Full definition →	10,002.00	10,257.05	11,636.95	10,739.05	6,819.00	5,029.40	5,695.00	6,363.85	6,902.10	6,844.46

Show all line items

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