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AMERICAN TOWER CORP /MA/

AMT

$193.92 ▼ -1.00 (-0.51%) at close

18 Visible periods

34 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Excellent

Bullish

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Analytical Summary

AMERICAN TOWER CORP /MA/ shows strong fundamentals with top-quartile Return on Common Equity (%) and Profit Margin (%). The company's metrics support a bullish outlook for growth-oriented investors.

Market Cap $90.7B

Dividend Yield 3.47%

Revenue Growth 5.1% ↗

Op. Margin 45.5% ↗

ROIC None

FCF / Share None

Trailing P/E 35.8x

Price / Book 24.8x

FCF Yield —

Debt / Equity —

info Valuation on last close. End-of-day price, Nov 5, 2026.

18-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$10.64B

↑ +5.1% —

Net Income Profit after all expenses

$2.63B

↑ +15.3% —

Operating Margin Operating profit as % of sales

45.5%

↑ +2.1% 96th

Long-Term Debt Long-term obligations

$1.90M

↓ -100.0% —

trending_up

Bullish Indicators

Operating Margin (%)Operating Margin (%) is in the top quartile
Profit Margin (%)Profit Margin (%) is in the top quartile
Return on Common Equity (%)Return on Common Equity (%) is in the top quartile

warning

Bearish Risks

No bearish risks detected.

Health Breakdown

Profitability →

Returns ↑

Dividend History

Dividend / share · sourced from SEC filings

$6.72 Latest / share

+2.4% YoY

+49.5% 6-yr CAGR

$0.90

FY 2014

FY 2015

FY 2016

FY 2017

FY 2018

FY 2019

FY 2020

$1.39

FY 2021

$1.56

FY 2022

$6.31

FY 2023

$6.56

FY 2024

$6.72

FY 2025

Financial view

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📈 Is growth accelerating? 7 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Feb 2, 2023 10-K ↗	FY 2021 Jan 14, 2022 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2015 10-K ↗	FY 2016 Dec 31, 2014 10-K ↗	FY 2015 Dec 31, 2013 10-K ↗	FY 2014 Dec 31, 2012 10-K ↗	FY 2013 Dec 31, 2011 10-K ↗	FY 2012 Dec 31, 2010 10-K ↗	FY 2011 Dec 31, 2009 10-K ↗	FY 2010 Dec 31, 2008 10-K ↗	FY 2009 Dec 31, 2007 10-K ↗	FY 2008 Dec 31, 2006 10-K ↗
Revenue Growth YoY (%)	5.1% Fair ↑ Fair Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: At sector avg	1.1% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-77%)	-6.5% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-231%)	14.5% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+189%)	16.4% Good ↓ Good Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+227%)	6.1% Fair ↓ Fair Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+22%)	1.9% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-62%)	55.9% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+1019%)	16.4% Good ↓ Good Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+228%)	22.0% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+339%)	16.9% Good ↓ Good Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+238%)	17.7% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+254%)	23.1% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+362%)	15.2% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+203%)	8.2% Fair Fair Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+64%)	9.4% Fair Fair Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+88%)	—	—
EPS Growth YoY (%)	12.0% Fair ↑ Fair Improving Year-over-year change in earnings per share Optimal: > 10%	51.9% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-17.0% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	-32.7% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	49.3% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-10.8% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	53.0% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	96.5% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-29.7% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	44.3% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-13.0% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	61.0% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	7.5% Fair ↓ Fair Declining Year-over-year change in earnings per share Optimal: > 10%	50.0% Excellent ↓ Excellent Declining Year-over-year change in earnings per share Optimal: > 10%	-29.5% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	528.6% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	—	—
Net Income Growth YoY (%)	15.3% Good ↑ Good Improving Year-over-year change in net income	66.8% Excellent ↑ Excellent Improving Year-over-year change in net income	-19.4% Weak ↓ Weak Declining Year-over-year change in net income	-33.9% Weak ↓ Weak Declining Year-over-year change in net income	51.8% Excellent ↑ Excellent Improving Year-over-year change in net income	-10.4% Weak ↓ Weak Declining Year-over-year change in net income	52.7% Excellent ↑ Excellent Improving Year-over-year change in net income	80.5% Excellent ↑ Excellent Improving Year-over-year change in net income	-17.0% Weak ↓ Weak Declining Year-over-year change in net income	49.6% Excellent ↑ Excellent Improving Year-over-year change in net income	-13.5% Weak ↓ Weak Declining Year-over-year change in net income	60.7% Excellent ↑ Excellent Improving Year-over-year change in net income	6.3% Fair ↓ Fair Declining Year-over-year change in net income	51.2% Excellent ↓ Excellent Declining Year-over-year change in net income	-29.0% Weak Weak Year-over-year change in net income	516.6% Excellent Excellent Year-over-year change in net income	—	—
FCF Growth YoY (%) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Revenue CAGR 3Y (%)	-0.2% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	2.7% Caution ↓ Caution Declining Compound annual revenue growth over 3 years	7.6% Fair ↓ Fair Declining Compound annual revenue growth over 3 years	12.2% Good ↓ Good Declining Compound annual revenue growth over 3 years	7.9% Fair ↓ Fair Declining Compound annual revenue growth over 3 years	19.0% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	22.7% Excellent → Excellent Stable Compound annual revenue growth over 3 years	30.3% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	18.4% Excellent → Excellent Stable Compound annual revenue growth over 3 years	18.8% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	19.2% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	18.6% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	15.3% Excellent Excellent Compound annual revenue growth over 3 years	10.9% Good Good Compound annual revenue growth over 3 years	—	—	—	—
Revenue CAGR 5Y (%)	5.8% Fair ↓ Fair Declining Compound annual revenue growth over 5 years	6.0% Fair ↓ Fair Declining Compound annual revenue growth over 5 years	6.1% Fair ↓ Fair Declining Compound annual revenue growth over 5 years	17.6% Excellent ↓ Excellent Declining Compound annual revenue growth over 5 years	17.9% Excellent ↓ Excellent Declining Compound annual revenue growth over 5 years	19.1% Excellent ↓ Excellent Declining Compound annual revenue growth over 5 years	21.4% Excellent → Excellent Stable Compound annual revenue growth over 5 years	24.9% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	19.2% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	18.9% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	16.1% Excellent Excellent Compound annual revenue growth over 5 years	14.6% Excellent Excellent Compound annual revenue growth over 5 years	—	—	—	—	—	—
EPS CAGR 3Y (%)	12.2% Good ↑ Good Improving Compound annual EPS growth over 3 years	-5.3% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	-5.8% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	-3.6% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	26.8% Excellent ↓ Excellent Declining Compound annual EPS growth over 3 years	39.0% Excellent ↑ Excellent Improving Compound annual EPS growth over 3 years	28.3% Excellent ↑ Excellent Improving Compound annual EPS growth over 3 years	25.8% Excellent ↑ Excellent Improving Compound annual EPS growth over 3 years	-4.1% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	26.4% Excellent ↑ Excellent Improving Compound annual EPS growth over 3 years	14.6% Good ↓ Good Declining Compound annual EPS growth over 3 years	37.4% Excellent ↓ Excellent Declining Compound annual EPS growth over 3 years	4.4% Caution Caution Compound annual EPS growth over 3 years	88.0% Excellent Excellent Compound annual EPS growth over 3 years	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Feb 2, 2023 10-K ↗	FY 2021 Jan 14, 2022 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2015 10-K ↗	FY 2016 Dec 31, 2014 10-K ↗	FY 2015 Dec 31, 2013 10-K ↗	FY 2014 Dec 31, 2012 10-K ↗	FY 2013 Dec 31, 2011 10-K ↗	FY 2012 Dec 31, 2010 10-K ↗	FY 2011 Dec 31, 2009 10-K ↗	FY 2010 Dec 31, 2008 10-K ↗	FY 2009 Dec 31, 2007 10-K ↗	FY 2008 Dec 31, 2006 10-K ↗
Operating Margin (%) (%)	45.5% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+52%)	44.6% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+49%)	31.2% Excellent → Excellent Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: At sector avg	22.0% Good ↓ Good Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-27%)	33.5% Excellent → Excellent Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+12%)	35.9% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+20%)	35.5% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+18%)	25.6% Excellent ↓ Excellent Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-15%)	33.8% Excellent ↓ Excellent Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+13%)	36.3% Excellent → Excellent Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+21%)	36.1% Excellent ↓ Excellent Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+20%)	38.9% Excellent → Excellent Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+30%)	37.7% Excellent → Excellent Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+26%)	39.5% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+32%)	39.0% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+30%)	38.1% Excellent Excellent Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+27%)	26.0% Excellent Excellent Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-13%)	—
Effective Tax Rate (%) (%)	13.7% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	10.1% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	5.9% Excellent → Excellent Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	1.4% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	9.3% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	7.1% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	—	—	—	—	—	—	—	—	—	—	—
Profit Margin (%) (%)	24.7% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: At sector avg	22.5% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-10%)	13.7% Fair ↓ Fair Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-45%)	15.8% Good ↓ Good Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-37%)	27.4% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+10%)	21.0% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-16%)	24.9% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: At sector avg	16.6% Good → Good Stable Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-34%)	14.4% Fair ↓ Fair Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-43%)	20.1% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-20%)	16.4% Good ↓ Good Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-34%)	22.2% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-11%)	16.2% Good ↓ Good Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-35%)	18.8% Good ↑ Good Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-25%)	14.3% Fair ↑ Fair Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-43%)	21.8% Excellent Excellent Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-13%)	3.9% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-85%)	—
FCF Margin (%) (%) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
FCF / Net Income (x) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Feb 2, 2023 10-K ↗	FY 2021 Jan 14, 2022 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2015 10-K ↗	FY 2016 Dec 31, 2014 10-K ↗	FY 2015 Dec 31, 2013 10-K ↗	FY 2014 Dec 31, 2012 10-K ↗	FY 2013 Dec 31, 2011 10-K ↗	FY 2012 Dec 31, 2010 10-K ↗	FY 2011 Dec 31, 2009 10-K ↗	FY 2010 Dec 31, 2008 10-K ↗	FY 2009 Dec 31, 2007 10-K ↗	FY 2008 Dec 31, 2006 10-K ↗
Return on Invested Capital (%) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Capital (%) (%)	7.7% Fair ↑ Fair Improving Operating profit relative to total assets Optimal: > 10%	7.4% Fair ↑ Fair Improving Operating profit relative to total assets Optimal: > 10%	4.7% Caution → Caution Stable Operating profit relative to total assets Optimal: > 10%	3.5% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	4.5% Caution ↓ Caution Declining Operating profit relative to total assets Optimal: > 10%	6.1% Caution → Caution Stable Operating profit relative to total assets Optimal: > 10%	6.3% Caution → Caution Stable Operating profit relative to total assets Optimal: > 10%	5.8% Caution ↓ Caution Declining Operating profit relative to total assets Optimal: > 10%	6.0% Caution ↓ Caution Declining Operating profit relative to total assets Optimal: > 10%	7.0% Caution → Caution Stable Operating profit relative to total assets Optimal: > 10%	6.0% Caution ↓ Caution Declining Operating profit relative to total assets Optimal: > 10%	7.9% Fair → Fair Stable Operating profit relative to total assets Optimal: > 10%	7.5% Fair → Fair Stable Operating profit relative to total assets Optimal: > 10%	7.6% Fair → Fair Stable Operating profit relative to total assets Optimal: > 10%	7.9% Fair Fair Operating profit relative to total assets Optimal: > 10%	7.4% Fair Fair Operating profit relative to total assets Optimal: > 10%	—	—
Return on Common Equity (%) (%)	72.0% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+800%)	67.4% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+743%)	32.6% Excellent ↓ Excellent Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+307%)	30.4% Excellent ↓ Excellent Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+281%)	50.5% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+532%)	41.3% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+417%)	37.3% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+367%)	23.2% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+190%)	10.3% Fair ↓ Fair Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+29%)	20.9% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+161%)	15.6% Good ↑ Good Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+95%)	17.8% Good ↑ Good Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+123%)	12.1% Fair ↑ Fair Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+51%)	10.7% Fair ↑ Fair Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+33%)	7.4% Caution Caution Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-7%)	11.6% Fair Fair Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+45%)	—	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Feb 2, 2023 10-K ↗	FY 2021 Jan 14, 2022 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2015 10-K ↗	FY 2016 Dec 31, 2014 10-K ↗	FY 2015 Dec 31, 2013 10-K ↗	FY 2014 Dec 31, 2012 10-K ↗	FY 2013 Dec 31, 2011 10-K ↗	FY 2012 Dec 31, 2010 10-K ↗	FY 2011 Dec 31, 2009 10-K ↗	FY 2010 Dec 31, 2008 10-K ↗	FY 2009 Dec 31, 2007 10-K ↗	FY 2008 Dec 31, 2006 10-K ↗
Debt to Equity (x)	—	—	—	—	—	—	0.00x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-100%)	—	2.57x Weak ↓ Weak Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+157%)	3.70x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+270%)	4.10x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+310%)	2.45x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+145%)	2.20x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+120%)	1.60x Weak Weak Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+60%)	1.27x Caution Caution Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+27%)	—	—	—
Interest Coverage (x) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Debt (USD)	$-1.47B	$-2.00B	$-1.75B	$-2.03B	$-1.95B	$-1.75B	$-1.50B	$-1.21B	$16.75B	$14.30B	$14.18B	$8.38B	$6.91B	$4.70B	$3.96B	$-143.08M	$-33.12M	$-281.26M
Debt / EBITDA (x) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

📊 What does each share earn? 8 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Feb 2, 2023 10-K ↗	FY 2021 Jan 14, 2022 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2015 10-K ↗	FY 2016 Dec 31, 2014 10-K ↗	FY 2015 Dec 31, 2013 10-K ↗	FY 2014 Dec 31, 2012 10-K ↗	FY 2013 Dec 31, 2011 10-K ↗	FY 2012 Dec 31, 2010 10-K ↗	FY 2011 Dec 31, 2009 10-K ↗	FY 2010 Dec 31, 2008 10-K ↗	FY 2009 Dec 31, 2007 10-K ↗	FY 2008 Dec 31, 2006 10-K ↗
Revenue per Share (USD)	$22.75	$21.69	$21.48	$23.21	$20.72	$18.13	$17.14	$16.92	$11.39K	$10.35	$8.51	$7.29	$6.18	$4.95	$4.33	$4.02	$3.53	—
Basic EPS, GAAP (USD)	$5.41	$4.83	$3.18	$3.83	$5.69	$3.81	$4.27	$2.79	$1.42	$2.02	$1.40	$1.61	$1.00	$0.93	$0.62	$0.88	$0.14	—
Free Cash Flow per Share (USD) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Dividend per Share (USD)	$6.72	$6.56	$6.31	$1.56	$1.39	—	—	—	—	—	—	$0.90	$0.35	—	—	—	—	—
Book Value per Share (USD)	$7.83	$7.24	$9.00	$11.97	$11.15	$9.21	$11.41	$12.10	$15.69	$9.97	$8.95	$9.04	$8.35	$8.78	$8.25	$7.54	—	—
Tangible Book Value per Share (USD)	$-49.61	$-48.91	$-51.08	$-54.48	$-63.62	$-38.33	$-30.35	$-25.71	$-17.17	$-17.53	$-17.45	$-6.21	$-4.79	$-2.25	$-1.32	$-1.92	—	—
Basic Weighted Avg Shares (shares)	467.92M	467.01M	466.06M	461.52M	451.50M	443.64M	442.32M	439.61M	419,000	395.96M	395.04M	394.77M	395.71M	401.15M	398.38M	395.95M	413.17M	—
Dividend Payout Ratio (%)	124.2% Weak → Weak Stable Dividends paid as a percentage of earnings Optimal: 30-60%	135.8% Weak ↑ Weak Improving Dividends paid as a percentage of earnings Optimal: 30-60%	198.4% Weak ↑ Weak Improving Dividends paid as a percentage of earnings Optimal: 30-60%	40.7% Good Good Dividends paid as a percentage of earnings Optimal: 30-60%	24.4% Excellent Excellent Dividends paid as a percentage of earnings Optimal: 30-60%	—	—	—	—	—	—	55.9% Fair Fair Dividends paid as a percentage of earnings Optimal: 30-60%	35.0% Good Good Dividends paid as a percentage of earnings Optimal: 30-60%	—	—	—	—	—

🏦 How resilient is the balance sheet? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Feb 2, 2023 10-K ↗	FY 2021 Jan 14, 2022 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2015 10-K ↗	FY 2016 Dec 31, 2014 10-K ↗	FY 2015 Dec 31, 2013 10-K ↗	FY 2014 Dec 31, 2012 10-K ↗	FY 2013 Dec 31, 2011 10-K ↗	FY 2012 Dec 31, 2010 10-K ↗	FY 2011 Dec 31, 2009 10-K ↗	FY 2010 Dec 31, 2008 10-K ↗	FY 2009 Dec 31, 2007 10-K ↗	FY 2008 Dec 31, 2006 10-K ↗
Working Capital (USD)	$-4.17B	$-3.90B	$-3.54B	$-4.69B	$-5.34B	$-749.90M	$-2.93B	$-2.30B	$-203.56M	$-981.72M	$53.42M	$197.35M	$-6.34M	$868.77M	$263.85M	$171.03M	—	—
LT Debt (USD)	—	—	—	—	—	—	$1.90M	—	$17.07B	$14.61B	$14.48B	$8.75B	$7.24B	$5.59B	$4.21B	—	—	—
Total Equity (USD)	$3.65B	$3.38B	$4.20B	$5.57B	$5.08B	$4.09B	$5.06B	$5.34B	$6.65B	$3.95B	$3.53B	$3.57B	$3.29B	$3.50B	$3.32B	$2.99B	—	—

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Feb 2, 2023 10-K ↗	FY 2021 Jan 14, 2022 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2015 10-K ↗	FY 2016 Dec 31, 2014 10-K ↗	FY 2015 Dec 31, 2013 10-K ↗	FY 2014 Dec 31, 2012 10-K ↗	FY 2013 Dec 31, 2011 10-K ↗	FY 2012 Dec 31, 2010 10-K ↗	FY 2011 Dec 31, 2009 10-K ↗	FY 2010 Dec 31, 2008 10-K ↗	FY 2009 Dec 31, 2007 10-K ↗	FY 2008 Dec 31, 2006 10-K ↗
Sales/Revenue/Turnover (USD)	$10.64B	$10.13B	$10.01B	$10.71B	$9.36B	$8.04B	$7.58B	$7.44B	$4.77B	$4.10B	$3.36B	$2.88B	$2.44B	$1.99B	$1.72B	$1.59B	$1.46B	—
Depreciation Expense (USD)	$1.10B	$1.10B	$1.40B	$1.60B	$1.04B	$924.30M	$905.50M	$883.10M	$661.40M	$551.80M	$483.60M	$411.90M	$353.40M	$286.00M	$258.90M	—	—	—
Net Income, GAAP (USD)	$2.63B	$2.28B	$1.37B	$1.70B	$2.57B	$1.69B	$1.89B	$1.24B	$685.07M	$824.91M	$551.33M	$637.28M	$396.46M	$372.94M	$246.59M	$347.25M	$56.32M	—
Operating Cash Flow (USD)	$5.46B	$5.29B	$4.72B	$3.70B	$4.82B	$3.88B	$3.75B	$3.75B	—	—	—	$1.41B	$1.17B	$1.02B	$842.13M	$773.26M	$692.68M	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced 4 days ago 18 years · 70 quarters

AMERICAN TOWER CORP /MA/

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