American Tower Corporation financials
Key figures from American Tower Corporation's filings with the U.S. Securities and Exchange Commission: the latest quarter against a year earlier, and the trend across recent quarters and fiscal years.
Latest quarter vs a year earlier
| Metric | Sep 2026 | Sep 2025 | Change |
|---|---|---|---|
| Revenue | $2.8B | $2.7B | +2.5% |
| Net income | $766M | $853M | -10.3% |
| Free cash flow | $995M | $995M | +0.1% |
| Gross margin | — | — | — |
| Operating margin | 45.6% | 45.4% | +0.2 pts |
| Net margin | 27.5% | 31.4% | -3.9 pts |
Quarterly trend
Fiscal years
| Fiscal year | Revenue | Net income | Net margin | Free cash flow | EPS (diluted) |
|---|---|---|---|---|---|
| FY Dec 2025 | $10.6B | $2.5B | 23.8% | $3.8B | $5.40 |
| FY Dec 2024 | $10.1B | $2.3B | 22.3% | $3.7B | $4.82 |
| FY Dec 2023 | $10.0B | $1.5B | 14.8% | $2.9B | $3.18 |
| FY Dec 2022 | $9.6B | $1.8B | 18.3% | $1.8B | $3.82 |
| FY Dec 2021 | $9.4B | — | — | $3.4B | $5.66 |
* Fiscal fourth quarter computed from the annual filing minus the three reported quarters. All figures from company filings with the SEC.