Revenue segments as reported by the company.

Property

Services

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Depreciation, amortization and accretion

Selling, general, administrative and development expense

Other operating expenses

Goodwill impairment

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

American Tower

American Tower Corp. provides real estate investment services, and owns, operates, and develops multi-tenant real estate properties. It operates through the following segments: U.S. & Canada, Asia-Pacific, Europe, Africa Latin America, and Services. The Asia-Pacific segment refers to the operations in Australia and India. The Europe segment consists of France, Germany, and Poland. The Africa segment consists of Burkina Faso, Ghana, Kenya, Niger, Nigeria, South Africa, and Uganda. The Latin America segment includes operations in Argentina, Brazil, Chile, Colombia, Costa Rica, Mexico, Paraguay, and Peru. The Services segment offers tower-related services in the United States, including site acquisition, zoning & permitting services, and structural analysis services. The company was founded in 1995 and is headquartered in Boston, MA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

American Tower (AMT) reports robust performance and strategic growth outlook

American Tower's Q4 2022 earnings call highlighted strong performance, strategic initiatives, and growth opportunities amidst economic challenges.
The company's focus on operational efficiency, ESG initiatives, and maintaining financial strength positions it well for sustainable growth and value creation.
With a solid market position, robust growth prospects, and a strategic outlook for 2023, American Tower remains poised for continued success in the telecommunications infrastructure sector.

American Tower excels in Q1 with strong U.S. tower and data center performance

American Tower's Q1 performance reflects robust growth in U.S. towers and data centers, driven by 5G investments.
The company is strategically reducing debt, exploring global portfolio optimization, and focusing on shareholder value.
Challenges include Latin America churn delay and AFFO growth impact, but opportunities lie in 5G expansion and data center growth.
Overall, American Tower remains well-positioned in the evolving telecommunications infrastructure landscape.

American Tower and CoreSite report strong Q2 performance and growth opportunities

American Tower and CoreSite demonstrated strong financial performance in Q2, driven by robust demand for data centers and strategic investments in international markets.
While facing challenges in selective investments and carrier activity slowdown, the companies are focused on maximizing margins, reducing debt, and exploring growth opportunities.
Opportunities lie in expanding international operations, optimizing capital deployment, and considering stock buybacks to enhance shareholder value and capitalize on infrastructure demand.
Overall, American Tower's disciplined approach to partnerships and operational efficiencies, along with CoreSite's consistent revenue growth and customer demand, position both companies for continued success.

American Tower (AMT) reports strong Q3 performance and strategic growth outlook

American Tower (AMT) showcases strong financial performance, strategic focus on 5G evolution, and disciplined capital allocation. While facing challenges like churn impacts and moderated activity levels, the company is optimistic about growth opportunities and aims for long-term AFFO per share growth. AMT's emphasis on balance sheet strength and shareholder returns underpins its strategic direction.

American Tower (AMT) reports resilient 2023 performance and strategic focus

American Tower (AMT) navigated challenges in 2023 to achieve strong financial performance, focusing on growth post-churn and strategic market positioning. The company's resilience, focus on carrier activity, and anticipation of future opportunities position it well for continued success in the evolving market landscape.

American Tower excels in Q1 with strong growth strategies

American Tower's Q1 earnings call showcased strong performance and strategic focus on growth drivers. The company is navigating challenges while capitalizing on opportunities to drive long-term value for shareholders.

American Tower excels in Q2, eyes global growth amid challenges

American Tower's strong Q2 performance and revised outlook reflect a focus on operational excellence and international strategy.
Challenges include managing exposure to emerging markets and potential impacts from interest rates and FX fluctuations.
Opportunities lie in data center expansion, international growth, and driving AFFO per share growth through revenue and cost initiatives.

American Tower reports strong Q3 results, eyes 5G densification opportunities

American Tower is confident in the long-term growth potential of its assets, aiming for sustained high-quality earnings growth. Shareholders can inquire about discontinued operations or general results/outlook through Investor Relations. The conference call is available for replay on the company's website.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

American Tower Corp. provides real estate investment services, and owns, operates, and develops multi-tenant real estate properties. It offers leasing of space on communications sites to wireless service providers, radio and television broadcast companies. It operates through the following segments: U.S. and Canada, Asia-Pacific, Africa, Europe, Latin America, and Data Centers. The company was founded in 1995 and is headquartered in Boston, MA.

Digital Realty Trust

Mid-America Apartment Communities

Realty Income Corp

Prologis

Vanguard Real Estate ETF

We discuss a diversified basket of five REITs that have historically outperformed the market and exhibited subdued volatility. These five REITs include cell tower, data center, retail, apartment, and industrial assets. The basket has delivered a higher annual return (13.9%) compared to the S&P 500 (9.5%) and the Vanguard Real Estate (6.7%), while also having lower volatility.

Beating The Market With Just 5 REITs

The real estate sector within the financial markets is completely amazing and diverse. It is not only about owning, building or selling properties, there are also other wonderful business models that different companies are exercising.

The 3 Most Promising Real Estate Stocks to Own Now

Amazon

Invitation Homes

The stock market has experienced its fair share of peaks and troughs in the past year. Amidst this vast expanse is a select group of promising S&P 500 stocks effectively carving out an impressive niche and offering strong upside.

The 3 Most Promising S&P 500 Stocks to Own Now

Crown Castle International

Cell tower REITs have historically been very good investments. But what's the best pick of the sector? I compare American Tower and Crown Castle and present my top pick.

Best REIT To Buy: American Tower Vs. Crown Castle

Medical Properties Trust

Buying real estate is a great way to build a passive income stream, but most commercial and industrial assets are out of reach for everyday investors. Medical Properties Trust recently cut its dividend nearly in half but still offers an 8.5% yield.

Got $1,000 and Want to Bump Up Your Passive Income Stream? Check Out These 2 Real Estate Investments

American Tower leases space on its towers to telecommunication companies. Its shares are down due to near-term headwinds from rising interest rates.

Yielding 3.5%, Is American Tower the Ultimate Dividend Growing REIT to Buy Right Now?

Casey's General Stores

Canadian National Railway Company

American Tower's leadership position in its market gives it an advantage amid the ongoing mobile data boom. Canadian National's three-coast advantage creates a durable moat that is nearly impenetrable.

3 Dividend Stocks Likely to Hold Up No Matter the Market Conditions

American Tower and Crown Castle are both telecommunications companies that own and operate towers for data transmission. American Tower is larger in size with 226,000 towers compared to Crown Castle's 40,000 towers. Crown Castle is superior to American Tower in terms of profitability, yield, leverage, and valuation, making it a more compelling prospect.

Crown Castle Vs. American Tower: Only One Deserves To Be Called King

American Tower (AMT) is well-poised to gain from the rising demand for wireless connectivity and its strategic acquisitions despite customer concentration woes and a high-interest-rate environment.

American Tower (AMT) Rides on Wireless Demand, Acquisitions

American Tower is a global telecom infrastructure leader. Realty Income lives up to its Monthly Dividend motto.

Got $3,000? Here Are 3 Stocks to Buy and Hold for the Long Term.

American Tower has delivered towering dividend growth over the last several years. Invitation Homes has rapidly expanded its portfolio of rental houses, driving brisk payout increases.

Want a High Dividend Yield? Buy These Stocks and Wait 5 Years

DENVER--(BUSINESS WIRE)--CoreSite, a leading hybrid IT solutions provider and subsidiary of American Tower Corporation (NYSE: AMT) (“American Tower”), today announced Aqua Comms, a leading provider of global subsea connectivity services, has activated its Amitié (AEC-3) transatlantic subsea cable system leveraging native colocation and connectivity services at the CoreSite Boston data center campus (BO1). AEC-3 is the first modern subsea cable system to directly connect Boston to Europe. CoreSi.

Aqua Comms Announces its AEC-3 Trans-Atlantic Subsea Cable System is Now Live Leveraging CoreSite IT Infrastructure

Innovative Industrial Properties

Here are four high-quality REIT stocks that are trading at a great valuation.

4 REITs to Buy Right Now (With Growth)

Advance Auto Parts

Allstate

Dollar General

Etsy

Extra Space Storage

PayPal

The stock market, much like the ebb and flow of tides, has its moments of highs and lows. In the vast ocean of S&P 500 stocks, there are some that currently find themselves in an oversold territory.

7 Very Oversold S&P 500 Stocks to Buy Right Now

Public Storage

After declining 24% last year, the S&P United States REIT index is up 6% so far this year. Of course, with domestic equities vastly outperforming, the sector has been more of an afterthought.

3 High Dividend REITs That Analysts Are Bullish On

Tractor Supply

Broadcom

Best Buy

Home Depot

Kroger

Eli Lilly

Lowe's

Microchip Technology

Morgan Stanley

Newmont Mining

Oracle

Parker-Hannifin

Snap-on

Steel Dynamics

Texas Instruments

Vici Properties

In the comment section of a recent MarketWatch article listing stocks with high dividend yields that were expected to be well supported by the companies' cash flow, a reader suggested that it would have been useful to look at the stocks' performance as well. After all, if you begin with a high dividend yield but watch share price decline over the years, your overall return might be lousy.

These 20 dividend stocks have been the best income growers in the S&P 500

AllianceBernstein Hld

Arbor Realty Trust

Ares Capital

Alexandria Real Estate Equities

BHP Billiton

British American Tobacco

CVS Health

Fifth Third Bancorp

Navient

NexPoint Residential Trust

Pfizer

Philip Morris

March-April, 2022, UBS, Kiplinger, and Barron's analysts/reporters listed five sets of stocks sorted as: “Inflation-Busters.” Those five articles revealed 48 equities, with 43 paying dividends. This over one-year-old list continues to beat-back new strains of inflation.

11 Buyable Inflation-Busting August Dividend Stocks

Cardinal Health

Cincinnati Financial

Canadian Imperial Bank of Commerce

Cisco Systems

Fulton Financial

Genuine Parts

GlaxoSmithKline

Huntington Bancshares

Iron Mountain

Illinois Tool Works

Leggett & Platt

Medtronic

Orion Office REIT

Occidental Petroleum

Paramount Global

We received $941 in July dividend income. This was a 34.95% dividend increase compared to July 2022. One interesting benefit of moving the funds into VOO is that they pay dividends in an “off month” several times during the year. The Fulton July dividend has more than doubled since January and the Huntington dividend has grown over 50% in the same time period.

Bert's July 2023 Dividend Income Summary

News for American Tower Stock (AMT)