AMT Q3 2019 Earnings — American Tower Corporation Revenue & Financial Results | Market Cap Arena

AMTAmerican Tower Corporation

$86B

Q3 2019 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$2.0B+9.4% YoY

Gross Profit

$1.4B71.3% margin

Operating Income

$728M37.3% margin

Net Income

$499M25.5% margin

EPS (Diluted)

$1.12

QoQ Revenue Growth

+3.4%

Cash Flow

Operating Cash Flow

$937M

Free Cash Flow

$677M

Stock-Based Comp.

$24M

Balance Sheet

Total Assets

$39.3B

Total Liabilities

$32.9B

Stockholders' Equity

$5.2B

Cash & Equivalents

$1.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.0B	$1.8B	+9.4%
Gross Profit	$1.4B	$1.2B	+13.4%
Operating Income	$728M	$567M	+28.4%
Net Income	$499M	$367M	+35.9%

Revenue Segments

Property

$1.9B98%

Services Revenue

$32M2%

Geographic Segments

Property, Latin America

$332M40%

Property, Asia-Pacific

$313M38%

Property, Europe

$182M22%