AMTAmerican Tower Corporation

$87B

Q4 2020 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$2.1B+10.3% YoY

Gross Profit

$1.6B73.2% margin

Operating Income

$674M31.8% margin

Net Income

$365M17.2% margin

EPS (Diluted)

$0.82

QoQ Revenue Growth

+5.4%

Cash Flow

Operating Cash Flow

$1.1B

Free Cash Flow

$769M

Stock-Based Comp.

$22M

Balance Sheet

Total Assets

$47.2B

Total Liabilities

$42.5B

Stockholders' Equity

$4.1B

Cash & Equivalents

$1.7B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.1B	$1.9B	+10.3%
Gross Profit	$1.6B	$1.4B	+13.1%
Operating Income	$674M	$661M	+2.0%
Net Income	$365M	$563M	-35.1%

Revenue Segments

Property

$2.1B99%

Services Revenue

$23M1%

Geographic Segments

UNITED STATES

$4.6B209%

Property, Europe

-$100M-5%

Property, Africa

-$638M-29%

Property, Latin America

-$813M-37%

Property, Asia-Pacific

-$854M-39%

AMT Q4 2020 Earnings — American Tower Corporation Revenue & Financial Results | Market Cap Arena