AMT Q2 2020 Earnings — American Tower Corporation Revenue & Financial Results | Market Cap Arena

AMTAmerican Tower Corporation

$86B

Q2 2020 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$1.9B+1.2% YoY

Gross Profit

$1.4B71.8% margin

Operating Income

$691M36.1% margin

Net Income

$446M23.3% margin

EPS (Diluted)

$1.00

QoQ Revenue Growth

-4.0%

Cash Flow

Operating Cash Flow

$989M

Free Cash Flow

$778M

Stock-Based Comp.

$27M

Balance Sheet

Total Assets

$41.5B

Total Liabilities

$36.9B

Stockholders' Equity

$3.6B

Cash & Equivalents

$2.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.9B	$1.9B	+1.2%
Gross Profit	$1.4B	$1.3B	+3.5%
Operating Income	$691M	$684M	+1.1%
Net Income	$446M	$429M	+4.0%

Revenue Segments

Property

$1.9B99%

Services Revenue

$20M1%

Geographic Segments

Property, Latin America

$294M36%

Property, Asia-Pacific

$271M34%

Property, Africa

$206M26%

Property, Europe

$35M4%