About American Tower Corporation
https://www.americantower.comAmerican Tower Corporation, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of approximately 219,000 communications sites. For more information about American Tower, please visit the Earnings Materials and Investor Presentations sections of our investor relations website at www.americantower.com.

CEO
Steven O. Vondran
Compensation Summary
(Year 2024)
ETFs Holding This Stock
Summary
Showing Top 3 of 709
Ratings Snapshot
Rating : B
Most Recent Analyst Grades

Raymond James
Strong Buy

Citigroup
Buy

UBS
Buy

TD Cowen
Buy

JMP Securities
Market Outperform

Citizens Capital Markets
Market Outperform
Grade Summary
Showing Top 6 of 13
Price Target
Institutional Ownership

VANGUARD GROUP INC
Shares:63.64M
Value:$11.29B

BLACKROCK, INC.
Shares:45.4M
Value:$8.06B

BLACKROCK INC.
Shares:38.11M
Value:$6.76B
Summary
Showing Top 3 of 2,372
About American Tower Corporation
https://www.americantower.comAmerican Tower Corporation, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of approximately 219,000 communications sites. For more information about American Tower, please visit the Earnings Materials and Investor Presentations sections of our investor relations website at www.americantower.com.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $2.72B ▲ | $773.3M ▲ | $853.3M ▲ | 31.4% ▲ | $1.82 ▲ | $1.47B ▼ |
| Q2-2025 | $2.63B ▲ | $740.5M ▲ | $366.8M ▼ | 13.96% ▼ | $0.78 ▼ | $1.71B ▲ |
| Q1-2025 | $2.56B ▲ | $674.2M ▼ | $488.7M ▼ | 19.07% ▼ | $1.05 ▼ | $1.44B ▼ |
| Q4-2024 | $2.55B ▲ | $813.1M ▲ | $1.23B ▲ | 48.27% ▲ | $2.63 ▲ | $2.13B ▲ |
| Q3-2024 | $2.52B | $731.3M | $-792.3M | -31.41% | $-1.7 | $1.42B |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $1.95B ▼ | $63.89B ▲ | $53.12B ▼ | $3.95B ▲ |
| Q2-2025 | $2.08B ▼ | $63.75B ▲ | $53.28B ▲ | $3.71B ▲ |
| Q1-2025 | $2.1B ▲ | $62.06B ▲ | $52.12B ▲ | $3.53B ▲ |
| Q4-2024 | $2B ▼ | $61.08B ▼ | $51.43B ▼ | $3.38B ▼ |
| Q3-2024 | $2.15B | $62.82B | $52.62B | $3.64B |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $912.6M ▲ | $1.46B ▲ | $-550.5M ▼ | $-1.01B ▼ | $-108.8M ▼ | $994.5M ▲ |
| Q2-2025 | $380.5M ▼ | $1.28B ▼ | $-491.1M ▼ | $-906.7M ▼ | $-29.6M ▼ | $976.9M ▲ |
| Q1-2025 | $498.6M ▼ | $1.29B ▲ | $-350.1M ▲ | $-843.8M ▲ | $131M ▲ | $963.9M ▲ |
| Q4-2024 | $1.23B ▲ | $1.2B ▼ | $-360.7M ▼ | $-908.5M ▲ | $-174M ▲ | $755.6M ▼ |
| Q3-2024 | $-780.4M | $1.47B | $1.3B | $-3.13B | $-336.4M | $1.04B |
Revenue by Products
| Product | Q4-2024 | Q1-2025 | Q2-2025 | Q3-2025 |
|---|---|---|---|---|
Property | $1.81Bn ▲ | $2.49Bn ▲ | $2.53Bn ▲ | $2.62Bn ▲ |
Services Revenue | $60.00M ▲ | $70.00M ▲ | $100.00M ▲ | $100.00M ▲ |

CEO
Steven O. Vondran
Compensation Summary
(Year 2024)
ETFs Holding This Stock
Summary
Showing Top 3 of 709
Ratings Snapshot
Rating : B
Most Recent Analyst Grades

Raymond James
Strong Buy

Citigroup
Buy

UBS
Buy

TD Cowen
Buy

JMP Securities
Market Outperform

Citizens Capital Markets
Market Outperform
Grade Summary
Showing Top 6 of 13
Price Target
Institutional Ownership

VANGUARD GROUP INC
Shares:63.64M
Value:$11.29B

BLACKROCK, INC.
Shares:45.4M
Value:$8.06B

BLACKROCK INC.
Shares:38.11M
Value:$6.76B
Summary
Showing Top 3 of 2,372




