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American Tower Corporation

AMT

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue
10,127
Cost of Revenue
2,574
Gross Profit
7,553
Gross Margin
74.6%
Operating Income
4,517
Operating Margin
44.6%
Net Income
2,255
Net Margin
22.3%
EPS (Basic)
$4.83
EPS (Diluted)
$4.82
EBITDA
7,154
EBITDA Margin
70.6%

2023

12/31/2023

Revenue
10,012
Cost of Revenue
2,562
Gross Profit
7,451
Gross Margin
74.4%
Operating Income
3,126
Operating Margin
31.2%
Net Income
1,483
Net Margin
14.8%
EPS (Basic)
$3.18
EPS (Diluted)
$3.18
EBITDA
6,004
EBITDA Margin
60.0%

2022

12/31/2022

Revenue
9,645
Cost of Revenue
2,569
Gross Profit
7,076
Gross Margin
73.4%
Operating Income
2,739
Operating Margin
28.4%
Net Income
1,766
Net Margin
18.3%
EPS (Basic)
$3.83
EPS (Diluted)
$3.82
EBITDA
6,577
EBITDA Margin
68.2%

2021

12/31/2021

Revenue
9,357
Cost of Revenue
2,682
Gross Profit
6,675
Gross Margin
71.3%
Operating Income
3,132
Operating Margin
33.5%
Net Income
2,568
Net Margin
27.4%
EPS (Basic)
$5.69
EPS (Diluted)
$5.66
EBITDA
6,033
EBITDA Margin
64.5%

2020

12/31/2020

Revenue
8,042
Cost of Revenue
2,227
Gross Profit
5,814
Gross Margin
72.3%
Operating Income
2,888
Operating Margin
35.9%
Net Income
1,691
Net Margin
21.0%
EPS (Basic)
$3.81
EPS (Diluted)
$3.79
EBITDA
4,497
EBITDA Margin
55.9%