AMT Q3 2024 Earnings — American Tower Corporation Revenue & Financial Results | Market Cap Arena

AMTAmerican Tower Corporation

$87B

Q3 2024 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$2.5B+0.0% YoY

Gross Profit

$1.9B74.2% margin

Operating Income

$1.1B45.2% margin

Net Income

-$792M-31.4% margin

EPS (Diluted)

$-1.69

QoQ Revenue Growth

-13.0%

Cash Flow

Operating Cash Flow

$1.5B

Free Cash Flow

$1.0B

Stock-Based Comp.

$51M

Balance Sheet

Total Assets

$62.8B

Total Liabilities

$52.6B

Stockholders' Equity

$3.6B

Cash & Equivalents

$2.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.5B	$2.5B	+0.0%
Gross Profit	$1.9B	$1.9B	-0.7%
Operating Income	$1.1B	$913M	+24.8%
Net Income	-$792M	$587M	-235.0%

Revenue Segments

Property

$2.5B98%

Services Revenue

$52M2%

Geographic Segments

UNITED STATES

$1.4B54%

Property, Latin America

$403M16%

Property, Africa

$297M12%

Property, Data Centers

$234M9%

Property, Europe

$213M8%

Property, Asia-Pacific

$6M0%