AMT Q4 2022 Earnings — American Tower Corporation Revenue & Financial Results | Market Cap Arena

AMTAmerican Tower Corporation

$87B

Q4 2022 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$2.7B+10.6% YoY

Gross Profit

$1.9B70.2% margin

Operating Income

$192M7.1% margin

Net Income

-$684M-25.3% margin

EPS (Diluted)

$-1.54

QoQ Revenue Growth

+1.3%

Cash Flow

Operating Cash Flow

$1.2B

Free Cash Flow

$527M

Stock-Based Comp.

$31M

Balance Sheet

Total Assets

$67.2B

Total Liabilities

$54.8B

Stockholders' Equity

$5.6B

Cash & Equivalents

$2.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.7B	$2.4B	+10.6%
Gross Profit	$1.9B	$1.7B	+11.1%
Operating Income	$192M	$627M	-69.4%
Net Income	-$684M	$453M	-250.8%

Revenue Segments

Property

$2.6B98%

Services Revenue

$60M2%

Geographic Segments

UNITED STATES

$1.3B50%

Property, Latin America

$427M16%

Property, Africa

$336M12%

Property, Asia-Pacific

$231M9%

Property, Data Centers

$198M7%

Property, Europe

$174M6%