AMT logo American Tower Corporation +
Ticker
AMT
EQIX
Headquarter
Boston ,MA
US
Redwood City ,CA
US
CEO
Steven O. Vondran
Adaire Rita Fox-Martin
Industry
REIT - Specialty
REIT - Specialty
Stock Price
Stock Price
Market Cap
Market Cap
$91.89 B
$74.29 B
Employees
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Employees
  • 6.39 K
  • 5.64 K
  • 4.69 K
  • 12.10 K
  • 13.15 K
  • 13.61 K
Y/Y
0.2%
11.7%
16.87%
10.54%
8.71%
3.46%

Income Statement

Revenue
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Revenue
  • $9.65 B
  • $10.01 B
  • $10.13 B
  • $7.26 B
  • $8.19 B
  • $8.75 B
Y/Y
3.08%
3.8%
1.15%
9.46%
12.74%
6.84%
Revenue by Products / Services
Revenue by Geography
Research and Development
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Research and Development
  • -
  • -
  • -
  • -
  • -
  • -
Y/Y
100%
0%
0%
0%
0%
0%
Operating Income
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Operating Income
  • $2.74 B
  • $3.13 B
  • $4.52 B
  • $1.20 B
  • $1.44 B
  • $1.33 B
Y/Y
12.56%
14.13%
44.5%
8.29%
20.25%
7.97%
Tax Rate (%)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Tax Rate (%)
  • 5.00%
  • 6.00%
  • 10.00%
  • 15.00%
  • 14.00%
  • 17.00%
Y/Y
41.51%
9.8%
70.2%
16.61%
7.82%
19.72%
Net Income
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Net Income
  • $1.77 B
  • $1.48 B
  • $2.26 B
  • $704.35 M
  • $969.18 M
  • $815.00 M
Y/Y
31.23%
16%
52.03%
40.82%
37.6%
15.91%
Revenue Per Employee
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Revenue Per Employee
  • $1.51 M
  • $1.77 M
  • $2.16 M
  • $600.41 K
  • $622.62 K
  • $642.95 K
Y/Y
2.87%
17.56%
21.68%
0.98%
3.7%
3.26%
Net Income Per Employee
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Net Income Per Employee
  • $276.29 K
  • $262.86 K
  • $480.71 K
  • $58.22 K
  • $73.70 K
  • $59.90 K
Y/Y
31.37%
4.86%
82.88%
27.39%
26.57%
18.72%

Assets & Liabilities | Cash Flow

Total Assets
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Total Assets
  • $67.19 B
  • $66.03 B
  • $61.08 B
  • $30.31 B
  • $32.65 B
  • $35.09 B
Y/Y
3.85%
1.74%
7.5%
8.57%
7.72%
7.45%
Total Liabilities
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Total Liabilities
  • $54.79 B
  • $55.16 B
  • $51.43 B
  • $18.80 B
  • $20.14 B
  • $21.53 B
Y/Y
9.92%
0.69%
6.77%
10.38%
7.08%
6.93%
Capital Expenditures (Capex)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Capital Expenditures (Capex)
  • -$1.87 B
  • -$1.80 B
  • -$1.59 B
  • -$2.28 B
  • -$2.78 B
  • -$3.07 B
Y/Y
36.09%
4.03%
11.57%
17.21%
22.08%
10.25%

Profitability

Operating Income Margin (%)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Operating Income Margin (%)
  • 28.39%
  • 31.22%
  • 44.60%
  • 16.52%
  • 17.62%
  • 15.18%
Y/Y
15.18%
9.97%
42.86%
1.08%
6.66%
13.85%
Net Income Margin (%)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Net Income Margin (%)
  • 18.31%
  • 14.81%
  • 22.27%
  • 9.70%
  • 11.84%
  • 9.32%
Y/Y
33.27%
19.12%
50.37%
28.65%
22.06%
21.28%
EBITDA
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
EBITDA
  • $6.58 B
  • $6.00 B
  • $7.15 B
  • $2.92 B
  • $3.37 B
  • $3.44 B
Y/Y
9.02%
8.71%
19.16%
12.33%
15.37%
2.08%
Free Cash Flow (FCF)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Free Cash Flow (FCF)
  • $1.82 B
  • $2.92 B
  • $3.70 B
  • $685.18 M
  • $435.58 M
  • $183.00 M
Y/Y
47.07%
60.45%
26.54%
435.37%
36.43%
57.99%

Ratios

Return on Equity (ROE)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Return on Equity (ROE)
  • 31.69%
  • 35.33%
  • 66.67%
  • 6.12%
  • 7.76%
  • 6.02%
Y/Y
37.28%
11.49%
88.71%
33.04%
26.8%
22.42%
Return on Assets (ROA)
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Return on Assets (ROA)
  • 2.63%
  • 2.25%
  • 3.69%
  • 2.32%
  • 2.97%
  • 2.32%
Y/Y
28.34%
14.45%
64%
29.61%
28.02%
21.89%
Debt to Equity
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Debt to Equity
  • 844.36%
  • 1,103.02%
  • 1,299.57%
  • 143.14%
  • 139.75%
  • 140.16%
Y/Y
17.51%
30.63%
17.82%
3.9%
2.37%
0.29%

Valuation

Enterprise Value
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Enterprise value
  • $142.80 B
  • $145.17 B
  • $127.61 B
  • $74.54 B
  • $90.75 B
  • $105.89 B
Y/Y
21.59%
1.66%
12.1%
16.61%
21.75%
16.67%
Enterprise value to Revenue
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Enterprise value to Revenue
  • 14.81
  • 14.50
  • 12.60
  • 10.26
  • 11.08
  • 12.10
Y/Y
23.94%
2.07%
13.09%
23.81%
7.99%
9.21%
Enterprise value to EBITDA
Years
  • 2022
  • 2023
  • 2024
  • 2022
  • 2023
  • 2024
Enterprise value to EBITDA
  • 21.71
  • 24.18
  • 17.84
  • 25.51
  • 26.92
  • 30.77
Y/Y
28.08%
11.36%
26.23%
25.76%
5.53%
14.3%