AMT · XBRL financial data

American Tower financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (AMT's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue	8,042	9,357	10,711	11,144	10,127	10,645
Revenue from contracts with customers	496	717	855	757	775	936
Selling, general and administrative	779	812	972	993	933	941
Other operating income (expense)	—	—	(271)	(371)	(74)	(68)
Operating income (loss)	2,888	3,132	2,352	3,025	4,517	4,846
Interest expense	794	871	1,137	1,398	1,405	1,359
Other income (expense)	(241)	566	434	(249)	378	(576)
Income tax expense (benefit)	130	262	24	154	366	416
Net income (loss)	1,691	—	—	—	—	—
Earnings per share, basic USD per share	3.81	5.69	3.83	3.18	4.83	5.41
Earnings per share, diluted USD per share	3.79	5.66	3.82	3.18	4.82	5.40
Weighted average shares, basic millions of shares	444	451	462	466	467	468
Weighted average shares, diluted millions of shares	446	453	463	467	468	469

Fiscal years (AMT's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	1,746	1,950	2,028	1,973	2,000	1,475
Accounts receivable	512	729	758	670	540	650
Prepaid and other current assets	533	657	723	947	531	486
Total current assets	2,906	3,729	3,622	3,710	3,179	2,742
Right-of-use asset	7,789	9,225	8,919	8,879	8,090	8,427
Goodwill	7,283	13,350	12,957	12,639	11,768	12,256
Total assets	47,234	69,888	67,195	66,028	61,077	63,190
Accounts payable	139	272	219	259	241	260
Accrued liabilities	1,044	1,413	1,344	1,281	1,082	1,113
Current portion of long-term debt	790	4,569	4,514	3,188	3,693	3,388
Total current liabilities	3,656	9,067	8,312	7,249	7,076	6,914
Lease liability, non-current	6,884	8,042	7,592	7,439	6,876	7,159
Total liabilities	42,453	60,818	54,786	55,162	51,429	52,835
Accumulated deficit	(1,343)	(1,142)	(2,102)	(3,639)	(4,424)	(5,086)
Total stockholders' equity	4,094	5,081	5,572	4,198	3,382	3,653
Total liabilities and equity	47,234	69,888	67,195	66,028	61,077	63,190
Common shares outstanding (cover page) millions of shares	444	456	466	466	467	466

Fiscal years (AMT's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	1,691	—	—	—	—	—
Stock-based compensation	121	120	169	196	204	174
Net cash from operating activities	3,881	4,820	3,696	4,722	5,291	5,464
Purchases of property and equipment	1,032	1,377	1,874	1,798	1,590	1,680
Net cash from investing activities	(4,785)	(20,692)	(2,355)	(1,696)	411	(1,860)
Proceeds from issuing common stock	0	2,362	2,292	0	0	—
Proceeds from issuing equity	98	97	32	22	46	—
Share repurchases	56	0	19	0	0	365
Dividends paid	1,928	2,271	2,630	2,949	3,027	3,181
Net cash from financing activities	1,215	16,425	(1,423)	(3,097)	(5,452)	(4,209)
Net change in cash	283	482	(203)	(47)	15	(503)

SIC 6798 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 6798 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Quarter
American Tower	1,872	203	1,393*	463.8M	Q3 FY26 10-QSep 30, 2026
Welltower	2,275	3,121	1,003*	733.6M	Q3 FY26 10-QSep 30, 2026
Empire State Realty OP	86	197	20*	not reported	Q2 FY26 10-QJun 30, 2026
Prologis	2,273	2,388	not reported	950.5M	Q3 FY26 10-QSep 30, 2026
Janus Living	338	268	112*	not reported	Q3 FY26 10-QSep 30, 2026
Equinix	2,362	2,571	1,243*	99.0M	Q3 FY26 10-QSep 30, 2026
Ares Real Estate Income Trust	41	151	189*	not reported	Q2 FY26 10-QJun 30, 2026
Potlatchdeltic	89	314	66*	77.3M	Q3 FY25 10-QSep 30, 2025
Digital Realty Trust	803	1,902	not reported	378.3M	Q3 FY26 10-QSep 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.