AMT Q1 2022 Earnings — American Tower Corporation Revenue & Financial Results | Market Cap Arena

AMTAmerican Tower Corporation

$87B

Q1 2022 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$2.7B+23.2% YoY

Gross Profit

$1.9B70.0% margin

Operating Income

$725M27.3% margin

Net Income

$712M26.8% margin

EPS (Diluted)

$1.56

QoQ Revenue Growth

+8.8%

Cash Flow

Operating Cash Flow

$664M

Free Cash Flow

$278M

Stock-Based Comp.

$57M

Balance Sheet

Total Assets

$69.8B

Total Liabilities

$60.5B

Stockholders' Equity

$5.4B

Cash & Equivalents

$1.9B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.7B	$2.2B	+23.2%
Gross Profit	$1.9B	$1.6B	+17.5%
Operating Income	$725M	$829M	-12.5%
Net Income	$712M	$645M	+10.3%

Revenue Segments

Property

$2.6B98%

Services Revenue

$60M2%

Geographic Segments

UNITED STATES

$1.3B49%

Property, Latin America

$419M16%

Property, Asia-Pacific

$299M11%

Property, Africa

$268M10%

Property, Europe

$199M7%

Property, Data Centers

$184M7%