AMERICAN TOWER CORP /MA/ — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that AMERICAN TOWER CORP /MA/ filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $10.64B | Feb 24, 2026 |
| FY2024 | Dec 31, 2024 | $2.55B | Feb 25, 2025 |
| FY2024 | Sep 30, 2024 | $2.52B | Feb 25, 2025 |
| FY2024 | Jun 30, 2024 | $2.54B | Feb 25, 2025 |
| FY2024 | Mar 31, 2024 | $2.51B | Feb 25, 2025 |
| FY2024 | Dec 31, 2023 | $2.46B | Feb 25, 2025 |
| FY2024 | Sep 30, 2023 | $2.52B | Feb 25, 2025 |
| FY2024 | Jun 30, 2023 | $2.51B | Feb 25, 2025 |
| FY2024 | Mar 31, 2023 | $2.52B | Feb 25, 2025 |
| FY2024 | Dec 31, 2022 | $9.65B | Feb 25, 2025 |
Revenue
Revenue recognized from contracts with customers under ASC 606, excluding taxes collected on behalf of government authorities. This is the primary revenue concept for many companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $935.90M | Feb 24, 2026 |
| FY2025 | Dec 31, 2024 | $774.60M | Feb 24, 2026 |
| FY2025 | Dec 31, 2023 | $747.30M | Feb 24, 2026 |
| FY2024 | Dec 31, 2022 | $840.70M | Feb 25, 2025 |
| FY2023 | Dec 31, 2021 | $717.20M | Feb 27, 2024 |
| FY2022 | Dec 31, 2020 | $495.70M | Feb 23, 2023 |
| FY2021 | Dec 31, 2019 | $527.20M | Feb 25, 2022 |
| FY2019 | Dec 31, 2018 | $491.30M | Feb 25, 2020 |
Revenue (Net Sales)
Net sales revenue — gross revenue less returns, allowances, and discounts. Used by many manufacturers and retailers as the primary top-line figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2016 | Dec 31, 2016 | $1.54B | Feb 27, 2017 |
| FY2016 | Sep 30, 2016 | $1.51B | Feb 27, 2017 |
| FY2016 | Jun 30, 2016 | $1.44B | Feb 27, 2017 |
| FY2016 | Mar 31, 2016 | $1.29B | Feb 27, 2017 |
| FY2016 | Dec 31, 2015 | $1.28B | Feb 27, 2017 |
| FY2016 | Sep 30, 2015 | $1.24B | Feb 27, 2017 |
| FY2016 | Jun 30, 2015 | $1.17B | Feb 27, 2017 |
| FY2016 | Mar 31, 2015 | $1.08B | Feb 27, 2017 |
| FY2015 | Dec 31, 2014 | $1.05B | Feb 26, 2016 |
| FY2015 | Sep 30, 2014 | $1.04B | Feb 26, 2016 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2020 | Dec 31, 2020 | $1.69B | Feb 25, 2021 |
| FY2019 | Dec 31, 2019 | $562.70M | Feb 25, 2020 |
| FY2019 | Sep 30, 2019 | $498.60M | Feb 25, 2020 |
| FY2019 | Jun 30, 2019 | $429.10M | Feb 25, 2020 |
| FY2019 | Mar 31, 2019 | $397.40M | Feb 25, 2020 |
| FY2019 | Dec 31, 2018 | $277.60M | Feb 25, 2020 |
| FY2019 | Sep 30, 2018 | $366.90M | Feb 25, 2020 |
| FY2019 | Jun 30, 2018 | $306.70M | Feb 25, 2020 |
| FY2019 | Mar 31, 2018 | $285.20M | Feb 25, 2020 |
| FY2019 | Dec 31, 2017 | $1.24B | Feb 25, 2020 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $4.85B | Feb 24, 2026 |
| FY2024 | Dec 31, 2024 | $1.08B | Feb 25, 2025 |
| FY2024 | Sep 30, 2024 | $1.14B | Feb 25, 2025 |
| FY2024 | Jun 30, 2024 | $1.16B | Feb 25, 2025 |
| FY2024 | Mar 31, 2024 | $1.14B | Feb 25, 2025 |
| FY2024 | Dec 31, 2023 | $612.80M | Feb 25, 2025 |
| FY2024 | Sep 30, 2023 | $913.00M | Feb 25, 2025 |
| FY2024 | Jun 30, 2023 | $852.70M | Feb 25, 2025 |
| FY2024 | Mar 31, 2023 | $747.00M | Feb 25, 2025 |
| FY2024 | Dec 31, 2022 | $2.74B | Feb 25, 2025 |
SG&A Expense
Selling, general, and administrative expenses — the overhead costs of running the business, including salaries, marketing, legal fees, and corporate office costs. Excludes COGS and R&D.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $940.70M | Feb 24, 2026 |
| FY2025 | Dec 31, 2024 | $933.40M | Feb 24, 2026 |
| FY2025 | Dec 31, 2023 | $946.00M | Feb 24, 2026 |
| FY2024 | Dec 31, 2022 | $902.10M | Feb 25, 2025 |
| FY2023 | Dec 31, 2021 | $811.60M | Feb 27, 2024 |
| FY2022 | Dec 31, 2020 | $778.70M | Feb 23, 2023 |
| FY2021 | Dec 31, 2019 | $730.40M | Feb 25, 2022 |
| FY2020 | Dec 31, 2018 | $733.20M | Feb 25, 2021 |
| FY2019 | Dec 31, 2017 | $637.00M | Feb 25, 2020 |
| FY2016 | Dec 31, 2016 | $543.40M | Feb 27, 2017 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $5.46B | Feb 24, 2026 |
| FY2025 | Dec 31, 2024 | $5.29B | Feb 24, 2026 |
| FY2025 | Dec 31, 2023 | $4.72B | Feb 24, 2026 |
| FY2024 | Dec 31, 2022 | $3.70B | Feb 25, 2025 |
| FY2023 | Dec 31, 2021 | $4.82B | Feb 27, 2024 |
| FY2022 | Dec 31, 2020 | $3.88B | Feb 23, 2023 |
| FY2021 | Dec 31, 2019 | $3.75B | Feb 25, 2022 |
| FY2020 | Dec 31, 2018 | $3.75B | Feb 25, 2021 |
| FY2019 | Dec 31, 2017 | $2.93B | Feb 25, 2020 |
| FY2012 | Dec 31, 2012 | $1.41B | Feb 27, 2013 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.68B | Feb 24, 2026 |
| FY2025 | Dec 31, 2024 | $1.59B | Feb 24, 2026 |
| FY2025 | Dec 31, 2023 | $1.80B | Feb 24, 2026 |
| FY2024 | Dec 31, 2022 | $1.87B | Feb 25, 2025 |
| FY2023 | Dec 31, 2021 | $1.38B | Feb 27, 2024 |
| FY2022 | Dec 31, 2020 | $1.03B | Feb 23, 2023 |
| FY2021 | Dec 31, 2019 | $991.30M | Feb 25, 2022 |
| FY2020 | Dec 31, 2018 | $913.20M | Feb 25, 2021 |
| FY2019 | Dec 31, 2017 | $803.60M | Feb 25, 2020 |
| FY2016 | Dec 31, 2016 | $682.51M | Feb 27, 2017 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $63.19B | Feb 24, 2026 |
| FY2025 | Dec 31, 2024 | $61.08B | Feb 24, 2026 |
| FY2024 | Dec 31, 2023 | $66.03B | Feb 25, 2025 |
| FY2023 | Dec 31, 2022 | $67.19B | Feb 27, 2024 |
| FY2022 | Dec 31, 2021 | $69.89B | Feb 23, 2023 |
| FY2021 | Dec 31, 2020 | $47.23B | Feb 25, 2022 |
| FY2020 | Dec 31, 2019 | $42.80B | Feb 25, 2021 |
| FY2020 | Dec 31, 2018 | $33.01B | Feb 25, 2021 |
| FY2019 | Dec 31, 2017 | $33.21B | Feb 25, 2020 |
| FY2016 | Dec 31, 2016 | $30.88B | Feb 27, 2017 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $52.84B | Feb 24, 2026 |
| FY2025 | Dec 31, 2024 | $51.43B | Feb 24, 2026 |
| FY2024 | Dec 31, 2023 | $55.16B | Feb 25, 2025 |
| FY2023 | Dec 31, 2022 | $54.79B | Feb 27, 2024 |
| FY2022 | Dec 31, 2021 | $60.82B | Feb 23, 2023 |
| FY2021 | Dec 31, 2020 | $42.45B | Feb 25, 2022 |
| FY2020 | Dec 31, 2019 | $36.21B | Feb 25, 2021 |
| FY2019 | Dec 31, 2018 | $26.11B | Feb 25, 2020 |
| FY2016 | Dec 31, 2016 | $22.81B | Feb 27, 2017 |
| FY2016 | Dec 31, 2015 | $20.19B | Feb 27, 2017 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $3.65B | Feb 24, 2026 |
| FY2025 | Dec 31, 2024 | $3.38B | Feb 24, 2026 |
| FY2024 | Dec 31, 2023 | $4.20B | Feb 25, 2025 |
| FY2023 | Dec 31, 2022 | $5.57B | Feb 27, 2024 |
| FY2022 | Dec 31, 2021 | $5.08B | Feb 23, 2023 |
| FY2021 | Dec 31, 2020 | $4.09B | Feb 25, 2022 |
| FY2020 | Dec 31, 2019 | $5.06B | Feb 25, 2021 |
| FY2019 | Dec 31, 2018 | $5.34B | Feb 25, 2020 |
| FY2016 | Dec 31, 2016 | $6.76B | Feb 27, 2017 |
| FY2016 | Dec 31, 2015 | $6.65B | Feb 27, 2017 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $12.26B | Feb 24, 2026 |
| FY2025 | Dec 31, 2024 | $11.77B | Feb 24, 2026 |
| FY2025 | Dec 31, 2023 | $12.08B | Feb 24, 2026 |
| FY2024 | Dec 31, 2022 | $12.08B | Feb 25, 2025 |
| FY2023 | Dec 31, 2021 | $13.35B | Feb 27, 2024 |
| FY2022 | Dec 31, 2020 | $7.28B | Feb 23, 2023 |
| FY2021 | Dec 31, 2019 | $6.18B | Feb 25, 2022 |
| FY2020 | Dec 31, 2018 | $5.50B | Feb 25, 2021 |
| FY2019 | Dec 31, 2017 | $5.64B | Feb 25, 2020 |
| FY2016 | Dec 31, 2016 | $5.07B | Feb 27, 2017 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($5.09B) | Feb 24, 2026 |
| FY2025 | Dec 31, 2024 | ($4.42B) | Feb 24, 2026 |
| FY2024 | Dec 31, 2023 | ($3.64B) | Feb 25, 2025 |
| FY2023 | Dec 31, 2022 | ($2.10B) | Feb 27, 2024 |
| FY2022 | Dec 31, 2021 | ($1.14B) | Feb 23, 2023 |
| FY2021 | Dec 31, 2020 | ($1.34B) | Feb 25, 2022 |
| FY2020 | Dec 31, 2019 | ($1.02B) | Feb 25, 2021 |
| FY2019 | Dec 31, 2018 | ($1.20B) | Feb 25, 2020 |
| FY2016 | Dec 31, 2016 | ($1.08B) | Feb 27, 2017 |
| FY2016 | Dec 31, 2015 | ($998.54M) | Feb 27, 2017 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.47B | Feb 24, 2026 |
| FY2025 | Dec 31, 2024 | $2.00B | Feb 24, 2026 |
| FY2025 | Dec 31, 2023 | $1.75B | Feb 24, 2026 |
| FY2024 | Dec 31, 2022 | $1.55B | Feb 25, 2025 |
| FY2023 | Dec 31, 2021 | $1.95B | Feb 27, 2024 |
| FY2022 | Dec 31, 2020 | $1.75B | Feb 23, 2023 |
| FY2021 | Dec 31, 2019 | $1.50B | Feb 25, 2022 |
| FY2020 | Dec 31, 2018 | $1.21B | Feb 25, 2021 |
| FY2019 | Dec 31, 2017 | $802.10M | Feb 25, 2020 |
| FY2016 | Dec 31, 2016 | $787.16M | Feb 27, 2017 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2022 | Dec 31, 2022 | $38.90B | Feb 23, 2023 |
| FY2021 | Dec 31, 2021 | $43.50B | Feb 25, 2022 |
| FY2020 | Dec 31, 2019 | $1.90M | Feb 25, 2021 |
| FY2016 | Dec 31, 2016 | $18.53B | Feb 27, 2017 |
| FY2015 | Dec 31, 2015 | $17.12B | Feb 26, 2016 |
| FY2014 | Dec 31, 2014 | $14.61B | Feb 24, 2015 |
| FY2014 | Dec 31, 2013 | $14.48B | Feb 24, 2015 |
| FY2013 | Dec 31, 2012 | $8.75B | Feb 26, 2014 |
| FY2012 | Dec 31, 2011 | $7.24B | Feb 27, 2013 |
| FY2011 | Dec 31, 2010 | $5.59B | Feb 29, 2012 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 5 | Feb 24, 2026 |
| FY2024 | Dec 31, 2024 | 2 | Feb 25, 2025 |
| FY2024 | Sep 30, 2024 | (1) | Feb 25, 2025 |
| FY2024 | Jun 30, 2024 | 1 | Feb 25, 2025 |
| FY2024 | Mar 31, 2024 | 1 | Feb 25, 2025 |
| FY2024 | Dec 31, 2023 | 0 | Feb 25, 2025 |
| FY2024 | Sep 30, 2023 | 1 | Feb 25, 2025 |
| FY2024 | Jun 30, 2023 | 1 | Feb 25, 2025 |
| FY2024 | Mar 31, 2023 | 0 | Feb 25, 2025 |
| FY2024 | Dec 31, 2022 | 3 | Feb 25, 2025 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 5 | Feb 24, 2026 |
| FY2024 | Dec 31, 2024 | 2 | Feb 25, 2025 |
| FY2024 | Sep 30, 2024 | (1) | Feb 25, 2025 |
| FY2024 | Jun 30, 2024 | 1 | Feb 25, 2025 |
| FY2024 | Mar 31, 2024 | 1 | Feb 25, 2025 |
| FY2024 | Dec 31, 2023 | 0 | Feb 25, 2025 |
| FY2024 | Sep 30, 2023 | 1 | Feb 25, 2025 |
| FY2024 | Jun 30, 2023 | 1 | Feb 25, 2025 |
| FY2024 | Mar 31, 2023 | 0 | Feb 25, 2025 |
| FY2024 | Dec 31, 2022 | 3 | Feb 25, 2025 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 466.32M | Feb 24, 2026 |
| FY2025 | Dec 31, 2024 | 467.38M | Feb 24, 2026 |
| FY2024 | Dec 31, 2023 | 466.30M | Feb 25, 2025 |
| FY2023 | Dec 31, 2022 | 465.62M | Feb 27, 2024 |
| FY2022 | Dec 31, 2021 | 455.77M | Feb 23, 2023 |
| FY2021 | Dec 31, 2020 | 444.33M | Feb 25, 2022 |
| FY2020 | Dec 31, 2019 | 442.89M | Feb 25, 2021 |
| FY2019 | Dec 31, 2018 | 441.06M | Feb 25, 2020 |
| FY2016 | Dec 31, 2016 | 427.10M | Feb 27, 2017 |
| FY2016 | Dec 31, 2015 | 423.89M | Feb 27, 2017 |
Dividends Paid
Cash dividends distributed to common shareholders during the period. Shown as a positive value despite being a cash outflow in the SEC filing.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $3.18B | Feb 24, 2026 |
| FY2025 | Dec 31, 2024 | $3.03B | Feb 24, 2026 |
| FY2025 | Dec 31, 2023 | $3.01B | Feb 24, 2026 |
| FY2024 | Dec 31, 2022 | $2.72B | Feb 25, 2025 |
| FY2023 | Dec 31, 2021 | $2.27B | Feb 27, 2024 |
| FY2022 | Dec 31, 2020 | $1.93B | Feb 23, 2023 |
| FY2021 | Dec 31, 2019 | $1.60B | Feb 25, 2022 |
| FY2020 | Dec 31, 2018 | $1.32B | Feb 25, 2021 |
| FY2019 | Dec 31, 2017 | $1.07B | Feb 25, 2020 |
| FY2016 | Dec 31, 2016 | $886.12M | Feb 27, 2017 |