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AMT

212.52USD-3.09(-1.43%)Market Closed

American Tower Corp

Market Summary

USD212.52-3.09Market Closed
-1.43%

AMT Alerts

AMT Stock Price

RSI Chart

Valuation

Market Cap

95.3B

Price/Earnings

32.83

Price/Sales

9.12

Price/Cashflow

29.88

MarketCap/EBT

31.69

Price/Sales

Profitability

EBT Margin

28.78%

Return on Equity

23.57%

Return on Assets

4.36%

Fundamentals

Revenue

Revenue (TTM)

10.5B

Revenue Y/Y

102.7%

Revenue Q/Q

31.47%

Earnings

Earnings (TTM)

2.9B

Earnings Y/Y

16.14%

Earnings Q/Q

-6.51%

Price Action

52 Week Range

178.17288.99
(Low)(High)

Last 7 days

-2.2%

Last 30 days

4.2%

Last 90 days

-17.5%

Trailing 12 Months

-19.3%

Financial Health

Current Ratio

0.57

Debt/Equity

2.87

Debt/Cashflow

0.09

Investor Care

Dividend Yield

1.37%

Dividend/Share (TTM)

3.08

Shares Dilution (1Y)

2.24%

Diluted EPS (TTM)

7.08

Peers (Alternatives to American Tower)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
95.3B
-
4.22% -19.29%
32.83
9.12
15.69% 17.08%
57.4B
6.9B
5.55% -25.08%
37.11
8.5
11.28% 45.44%
54.7B
3.8B
4.05% -9.82%
24.01
14.3
23.77% 170.44%
51.7B
7.2B
12.95% -12.17%
80.93
7.46
9.40% 63.32%
29.1B
2.5B
6.27% -16.34%
82.09
11.86
12.52% 31.78%
13.1B
1.7B
3.13% -3.30%
50.71
7.62
40.37% -73.28%
MID-CAP
7.3B
1.0B
1.56% -14.60%
26.1
7.17
14.39% 59.45%
4.6B
392.5M
-4.84% -43.84%
22.95
13.26
-74.80% 441.99%
4.3B
760.3M
4.55% 7.71%
-39.09
6.74
172.75% -1136.68%
2.5B
796.4M
-8.04% -48.19%
8.02
3.21
-9.94% -109.68%
2.4B
861.8M
3.76% -30.83%
63.8
2.74
9.59% 46.68%
2.1B
-
0.33% 22.89%
32.23
11.01
- -
SMALL-CAP
1.9B
432.4M
1.02% -4.14%
23.11
4.36
3.91% 1705.32%
1.5B
740.6M
-14.57% -34.08%
538.82
1.96
2.16% 107.41%
1.2B
195.1M
7.32% 4.54%
5
3.44
20.60% 695.00%

Financials for American Tower

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
RevenueNaN%nullnullnull9,3579,028
  S&GA Expenses2.7%964939923812792
Earnings Before Taxes2.7%3,0082,9302,8522,8292,721
Net Income4.2%2,9032,7862,6342,5682,479
* denotes actual numbers (not divided by Millions)
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets-2.4%66,51368,11769,76469,88860,530
  Current Assets0.9%3,7593,7263,7923,7295,042
    Cash Equivalents2.7%2,1222,0671,9421,9503,277
  Goodwill-2.2%12,68612,97013,30713,35010,481
Liabilities-5.6%54,19457,39160,51360,81850,842
  Current Liabilities-11.2%6,6237,4629,3009,0676,524
    LT Debt, Current-16.3%3,0153,6045,3104,5692,106
Shareholder's Equity-9.7%6,2826,9595,3635,0815,411
  Retained Earnings18.2%-689.30-842.30-1,072.40-1,142.40-960.40
  Additional Paid-In Capital0.3%14,64714,60712,26612,24012,081
Shares Outstanding0.0%466466456456455
Minority Interest60.2%6,0373,7683,8883,9884,066
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations-26.7%3,1904,3544,3914,8205,273
  Share Based Compensation7.5%160149138120120
Cashflow From Investing3.4%-11,673.90-12,090.10-20,766.60-20,692.20-14,338.50
Cashflow From Financing-11.1%7,1818,08216,65416,42511,018
  Dividend Payments3.6%2,5432,4552,3672,2712,181
  Buy BacksNaN%00
* denotes actual numbers (not divided by Millions)

Risks

What is the probability of a big loss on AMT?

44.6%


Probability that American Tower stock will be more than 20% underwater in next one year

3.9%


Probability that American Tower stock will be more than 30% underwater in next one year.

0%


Probability that American Tower stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does AMT drawdown profile look like?

Y-axis is the maximum loss one would have experienced if American Tower was unfortunately bought at previous high price.

Returns

Cumulative Returns on AMT

13.0%


10-Year Cumulative Returns

14.2%


7-Year Cumulative Returns

10.3%


5-Year Cumulative Returns

2.1%


3-Year Cumulative Returns

What are the long-term rolling returns for AMT?

FIve years rolling returns for American Tower.

Which funds bought or sold AMT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-29
Bridgefront Capital, LLC
NEW
-
505,000
505,000
0.52%
2022-11-29
London & Capital Asset Management Ltd
ADDED
36.87
1,193,000
9,165,000
0.86%
2022-11-23
Eagle Bay Advisors LLC
UNCHANGED
-
-5,160
25,000
0.01%
2022-11-23
Toroso Investments, LLC
REDUCED
-16.95
-1,451,000
3,349,000
0.14%
2022-11-23
Gould Capital, LLC
UNCHANGED
-
-7,000
37,000
0.03%
2022-11-22
B. Riley Wealth Advisors, Inc.
ADDED
122.38
5,788,000
12,456,000
0.38%
2022-11-22
IHT Wealth Management, LLC
ADDED
60.03
209,000
815,000
0.06%
2022-11-22
CVA Family Office, LLC
REDUCED
-40.37
-111,000
111,000
0.03%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
23,741,000
23,741,000
0.28%
2022-11-21
DEARBORN PARTNERS LLC
ADDED
0.18
-5,828,000
30,948,000
1.36%

1–10 of 47

Latest Funds Activity

Are funds buying AMT calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own AMT

American Tower News

TipRanks

Top Hedge Fund Expert Chuck Akre Favors These 3 Stocks.6 hours ago

Seeking Alpha

AMT Fair Value

Recent SEC filings of American Tower

View All Filings
Date Filed Form Type Document
Nov 23, 2022
4
Insider Trading
Nov 04, 2022
4
Insider Trading
Nov 01, 2022
4
Insider Trading
Oct 27, 2022
10-Q
Quarterly Report
Oct 27, 2022
8-K
Current Report
Oct 03, 2022
8-K
Current Report
Sep 22, 2022
8-K
Current Report
Sep 07, 2022
4
Insider Trading
Sep 06, 2022
4
Insider Trading
Aug 31, 2022
8-K
Current Report

Latest Insider Trading transactions for AMT

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-21
Meyer Robert Joseph JR
SOLD
-219,740
219.74
-1,000
SVP & Chief Accounting Officer
2022-11-02
DiSanto Edmund
ACQUIRED
2,691,500
76.9
35,000
EVP, Chief Admin Ofr, GC & Sec
2022-11-02
DiSanto Edmund
SOLD
-7,252,130
207.204
-35,000
EVP, Chief Admin Ofr, GC & Sec
2022-10-28
REED JOANN A
SOLD
-252,207
204.88
-1,231
-
2022-10-28
REED JOANN A
ACQUIRED
249,079
76.9
3,239
-
2022-09-04
Vondran Steven O
SOLD (Taxes)
-47,159.8
250.85
-188
EVP & President, U.S. Tower
2022-09-01
HORMATS ROBERT D
SOLD
-37,941
252.94
-150
-
2022-07-01
HORMATS ROBERT D
SOLD
-38,179.5
254.53
-150
-
2022-06-15
HORMATS ROBERT D
SOLD
-47,080
235.4
-200
-
2022-06-01
HORMATS ROBERT D
SOLD
-51,226
256.13
-200
-

1–10 of 50

Thomas A. Bartlett
6380
American 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.

AMT Income Statement

2022-09-30
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
REVENUES:    
Total operating revenues$ 2,671.5$ 2,454.3$ 8,006.1$ 6,911.7
Costs of operations (exclusive of items shown separately below):    
Property808.8693.42,374.31,880.0
Depreciation, amortization and accretion898.1611.42,540.41,688.7
Selling, general, administrative and development expense231.2205.9748.0595.7
Other operating expenses52.885.298.6175.4
Total operating expenses2,018.61,626.85,845.84,406.3
OPERATING INCOME652.9827.52,160.32,505.4
OTHER INCOME (EXPENSE):    
Interest income18.89.443.028.4
Interest expense(294.0)(226.1)(833.0)(646.8)
Loss on retirement of long-term obligations(0.4)0.0(0.4)(25.7)
Other income (including foreign currency gains of $474.5, $180.5, $1,111.3 and $422.1, respectively)478.5166.81,109.4439.6
Total other income (expense)202.9(49.9)319.0(204.5)
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES855.8777.62,479.32,300.9
Income tax provision(36.1)(51.4)(66.0)(174.5)
NET INCOME819.7726.22,413.32,126.4
Net loss (income) attributable to noncontrolling interests20.0(3.2)36.3(12.1)
NET INCOME ATTRIBUTABLE TO AMERICAN TOWER CORPORATION COMMON STOCKHOLDERS$ 839.7$ 723.0$ 2,449.6$ 2,114.3
NET INCOME PER COMMON SHARE AMOUNTS:    
Basic net income attributable to American Tower Corporation common stockholders (in dollars per share)$ 1.80$ 1.59$ 5.32$ 4.70
Diluted net income attributable to American Tower Corporation common stockholders (in dollars per share)$ 1.80$ 1.58$ 5.31$ 4.68
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (in thousands):    
BASIC (in shares)465,594455,224460,141450,148
DILUTED (in shares)466,801456,977461,360451,981
Property    
REVENUES:    
Total operating revenues$ 2,609.9$ 2,368.9$ 7,825.2$ 6,731.6
Services    
REVENUES:    
Total operating revenues61.685.4180.9180.1
Costs of operations (exclusive of items shown separately below):    
Services$ 27.7$ 30.9$ 84.5$ 66.5

AMT Balance Sheet

2022-09-30
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
CURRENT ASSETS:  
Cash and cash equivalents$ 2,121.8$ 1,949.9
Restricted cash127.8393.4
Accounts receivable, net722.4728.9
Prepaid and other current assets787.0657.2
Total current assets3,759.03,729.4
PROPERTY AND EQUIPMENT, net19,402.619,784.0
GOODWILL12,686.213,350.1
OTHER INTANGIBLE ASSETS, net18,320.320,727.2
DEFERRED TAX ASSET116.4131.6
DEFERRED RENT ASSET2,878.02,539.6
RIGHT-OF-USE ASSET8,857.59,225.1
NOTES RECEIVABLE AND OTHER NON-CURRENT ASSETS492.8400.9
TOTAL66,512.869,887.9
CURRENT LIABILITIES:  
Accounts payable212.0272.4
Accrued expenses1,202.71,412.8
Distributions payable697.1642.1
Accrued interest199.5254.7
Current portion of operating lease liability766.3712.6
Current portion of long-term obligations3,015.24,568.7
Unearned revenue529.81,204.0
Total current liabilities6,622.69,067.3
LONG-TERM OBLIGATIONS35,313.938,685.5
OPERATING LEASE LIABILITY7,566.48,041.8
ASSET RETIREMENT OBLIGATIONS2,010.22,003.0
DEFERRED TAX LIABILITY1,496.81,830.9
OTHER NON-CURRENT LIABILITIES1,184.31,189.8
Total liabilities54,194.260,818.3
COMMITMENTS AND CONTINGENCIES
EQUITY (shares in thousands):  
Common stock: $.01 par value; 1,000,000 shares authorized; 476,517 and 466,687 shares issued; and 465,602 and 455,772 shares outstanding, respectively4.84.7
Additional paid-in capital14,646.912,240.2
Distributions in excess of earnings(689.3)(1,142.4)
Accumulated other comprehensive loss(6,398.2)(4,738.9)
Treasury stock (10,915 shares at cost)(1,282.4)(1,282.4)
Total American Tower Corporation equity6,281.85,081.2
Noncontrolling interests6,036.83,988.4
Total equity12,318.69,069.6
TOTAL$ 66,512.8$ 69,887.9