AMTAmerican Tower Corporation

$86B

Q4 2019 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$1.9B-9.8% YoY

Gross Profit

$1.4B71.4% margin

Operating Income

$661M34.4% margin

Net Income

$563M29.3% margin

EPS (Diluted)

$1.26

QoQ Revenue Growth

-1.5%

Cash Flow

Operating Cash Flow

$994M

Free Cash Flow

$727M

Stock-Based Comp.

$24M

Balance Sheet

Total Assets

$42.8B

Total Liabilities

$36.2B

Stockholders' Equity

$5.1B

Cash & Equivalents

$1.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.9B	$2.1B	-9.8%
Gross Profit	$1.4B	$1.6B	-13.7%
Operating Income	$661M	$389M	+70.0%
Net Income	$563M	$278M	+102.7%

Revenue Segments

Property

$1.9B99%

Services Revenue

$15M1%

Geographic Segments

Property, Latin America

$330M53%

Property, Asia-Pacific

$295M47%

AMT Q4 2019 Earnings — American Tower Corporation Revenue & Financial Results | Market Cap Arena