AMT Q3 2022 Earnings — American Tower Corporation Revenue & Financial Results | Market Cap Arena

AMTAmerican Tower Corporation

$87B

Q3 2022 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$2.7B+8.8% YoY

Gross Profit

$1.8B68.7% margin

Operating Income

$653M24.4% margin

Net Income

$840M31.4% margin

EPS (Diluted)

$1.80

QoQ Revenue Growth

-0.1%

Cash Flow

Operating Cash Flow

$932M

Free Cash Flow

$473M

Stock-Based Comp.

$39M

Balance Sheet

Total Assets

$66.5B

Total Liabilities

$54.2B

Stockholders' Equity

$6.3B

Cash & Equivalents

$2.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.7B	$2.5B	+8.8%
Gross Profit	$1.8B	$1.7B	+6.1%
Operating Income	$653M	$828M	-21.1%
Net Income	$840M	$723M	+16.1%

Revenue Segments

Property

$2.6B98%

Services Revenue

$62M2%

Geographic Segments

UNITED STATES

$1.3B49%

Property, Latin America

$420M16%

Property, Africa

$303M11%

Property, Asia-Pacific

$249M9%

Property, Data Centers

$194M7%

Property, Europe

$184M7%