AMT Q1 2021 Earnings — American Tower Corporation Revenue & Financial Results | Market Cap Arena

AMTAmerican Tower Corporation

$87B

Q1 2021 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$2.2B+8.3% YoY

Gross Profit

$1.6B73.4% margin

Operating Income

$829M38.4% margin

Net Income

$645M29.9% margin

EPS (Diluted)

$1.45

QoQ Revenue Growth

+1.7%

Cash Flow

Operating Cash Flow

$1.1B

Free Cash Flow

$768M

Stock-Based Comp.

$38M

Balance Sheet

Total Assets

$46.9B

Total Liabilities

$42.4B

Stockholders' Equity

$3.9B

Cash & Equivalents

$1.9B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.2B	$2.0B	+8.3%
Gross Profit	$1.6B	$1.4B	+9.9%
Operating Income	$829M	$737M	+12.5%
Net Income	$645M	$415M	+55.4%

Revenue Segments

Property

$2.1B99%

Services Revenue

$29M1%

Geographic Segments

UNITED STATES

$1.2B58%

Property, Latin America

$337M16%

Property, Asia-Pacific

$281M13%

Property, Africa

$236M11%

Property, Europe

$45M2%