— Fundamental Stock Analysis and Report Card
Located in Boston, MA, US. American Tower Corporation is one of the largest global real estate investment trusts. It is a leading independent owner, operator and developer of multitenant communications real estate. The Company's primary business is the leasing of space on communications sites to wireless service providers, radio and television broadcast companies, wireless data providers, government agencies and municipalities and tenants in a few other industries. The Company refers to this business, inclusive of its data center business discussed below, as its property operations. Additionally, the Company offers tower-related services in the United States, which the Company refers to as its services operations. These services include site application, zoning and permitting, structural and mount analyses, and construction management services, together with program management offerings that support customer deployment needs from project scoping through construction. The Company's services operations primarily support the Company's site leasing business, including through the addition of new tenants and equipment on its sites. The Company's customers include its tenants, licensees and other payers. American Tower Corporation was incorporated in 1995 in Delaware and is based in Massachusetts, Boston.
Revenue, earnings and profitability.
Strong revenue growth and earnings can attract investors, driving the stock price up. Profitability indicates the company's efficiency and sustainability, which impacts investor confidence. Poor performance in these areas can lead to a decrease in stock price.
Revenue History
Earnings History
Margins
Income & Cash Flow analysis.
An income statement shows what a company earned and spent over a period — revenue at the top, costs and expenses in between, and net income at the bottom. A cash flow statement tracks the actual cash moving in and out, across operations, investing, and financing. Read together, they show whether reported earnings are backed by real cash.
Q1 2026 Total ($) | Q1 2026 Margin (%) | |
|---|---|---|
| Revenue | 2.7b +174.7m +6.8% | |
| Gross Income | 2.0b +95.1m +4.9% | 74% -1.3pp -1.8% |
| EBITDA | 1.8b +389.9m +27.2% | 67% +10.7pp +19.0% |
| Operating Income | 1.2b -93.4m -7.4% | 42% -6.5pp -13.4% |
| Net Income | 836.8m +348.1m +71.2% | 31% +11.5pp +60.3% |
| Earnings Per Share | 1.84 +0.8 +75.2% | |
| Operating Cash Flow | 1.4b +105.6m +8.2% | 51% +0.6pp +1.3% |
| Free Cash Flow | 951.1m -12.8m -1.3% | 35% -2.9pp -7.6% |
| Research & Development | n/a n/a n/a | n/a n/a n/a |