AMT Q4 2023 Earnings — American Tower Corporation Revenue & Financial Results | Market Cap Arena

AMTAmerican Tower Corporation

$87B

Q4 2023 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$2.8B+3.0% YoY

Gross Profit

$2.0B70.9% margin

Operating Income

$717M25.7% margin

Net Income

$85M3.0% margin

EPS (Diluted)

$0.18

QoQ Revenue Growth

+10.5%

Cash Flow

Operating Cash Flow

$1.1B

Free Cash Flow

$617M

Stock-Based Comp.

$38M

Balance Sheet

Total Assets

$66.0B

Total Liabilities

$55.2B

Stockholders' Equity

$4.2B

Cash & Equivalents

$1.8B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.8B	$2.7B	+3.0%
Gross Profit	$2.0B	$1.9B	+4.0%
Operating Income	$717M	$192M	+273.4%
Net Income	$85M	-$684M	+112.4%

Revenue Segments

Property

$2.8B99%

Services Revenue

$21M1%

Geographic Segments

UNITED STATES

$1.3B47%

Property, Latin America

$435M16%

Property, Asia-Pacific

$336M12%

Property, Africa

$294M11%

Property, Data Centers

$215M8%

Property, Europe

$185M7%