AMT Q3 2021 Earnings — American Tower Corporation Revenue & Financial Results | Market Cap Arena

AMTAmerican Tower Corporation

$86B

Q3 2021 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$2.5B+21.9% YoY

Gross Profit

$1.7B70.5% margin

Operating Income

$828M33.7% margin

Net Income

$723M29.5% margin

EPS (Diluted)

$1.58

QoQ Revenue Growth

+6.8%

Cash Flow

Operating Cash Flow

$2.1B

Free Cash Flow

$1.8B

Stock-Based Comp.

$28M

Balance Sheet

Total Assets

$60.5B

Total Liabilities

$50.8B

Stockholders' Equity

$5.4B

Cash & Equivalents

$3.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.5B	$2.0B	+21.9%
Gross Profit	$1.7B	$1.5B	+19.3%
Operating Income	$828M	$785M	+5.4%
Net Income	$723M	$464M	+55.7%

Revenue Segments

Property

$2.4B97%

Services Revenue

$85M3%

Geographic Segments

UNITED STATES

$1.3B54%

Property, Latin America

$391M16%

Property, Asia-Pacific

$314M13%

Property, Africa

$257M10%

Property, Europe

$176M7%