AMT Q2 2022 Earnings — American Tower Corporation Revenue & Financial Results | Market Cap Arena

AMTAmerican Tower Corporation

$87B

Q2 2022 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$2.7B+16.3% YoY

Gross Profit

$1.9B69.2% margin

Operating Income

$782M29.3% margin

Net Income

$898M33.6% margin

EPS (Diluted)

$1.95

QoQ Revenue Growth

+0.5%

Cash Flow

Operating Cash Flow

$915M

Free Cash Flow

$545M

Stock-Based Comp.

$42M

Balance Sheet

Total Assets

$68.1B

Total Liabilities

$57.4B

Stockholders' Equity

$7.0B

Cash & Equivalents

$2.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.7B	$2.3B	+16.3%
Gross Profit	$1.9B	$1.7B	+12.1%
Operating Income	$782M	$849M	-7.9%
Net Income	$898M	$746M	+20.4%

Revenue Segments

Property

$2.6B98%

Services Revenue

$60M2%

Geographic Segments

UNITED STATES

$1.3B48%

Property, Latin America

$425M16%

Property, Asia-Pacific

$298M11%

Property, Africa

$286M11%

Property, Data Centers

$191M7%

Property, Europe

$179M7%