American Tower Corporation (AMT) Earnings History
Annual and quarterly earnings data from 1997 to 2025
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AMT EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
AMT Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 73.7% | 45.8% | 23.8% |
| 2024 | 74.6% | 44.6% | 22.3% |
| 2023 | 74.4% | 31.2% | 14.8% |
| 2022 | 73.4% | 28.4% | 18.3% |
| 2021 | 71.3% | 33.5% | 27.4% |
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American Tower Corporation (AMT) Earnings Overview
As of May 6, 2026, American Tower Corporation (AMT) reported trailing twelve-month net income of $2.88B, reflecting +11.8% year-over-year growth. The company earned $6.16 per diluted share over the past four quarters, with a net profit margin of 23.8%.
Looking at the long-term picture, AMT's 5-year EPS compound annual growth rate (CAGR) stands at +7.3%, showing solid earnings momentum. The company achieved its highest annual net income of $2.57B in fiscal 2021.
American Tower Corporation maintains industry-leading profitability with a gross margin of 73.7%, operating margin of 45.8%, and net margin of 23.8%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →
Compared to peers including CCI ($1.06B net income, 10.4% margin), SBAC ($1.02B net income, 37.4% margin), UNIT ($1.27B net income, 58.4% margin), AMT has outperformed on profitability metrics. Compare AMT vs CCI →
AMT Earnings vs Peers
Earnings metrics vs comparable public companies
AMT Historical Earnings Data (1997–2025)
29 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $2.53B | +12.2% | $4.88B | $5.39 | 23.8% | 45.8% |
| 2024 | $2.25B | +52.0% | $4.52B | $4.82 | 22.3% | 44.6% |
| 2023 | $1.48B | -16.0% | $3.13B | $3.18 | 14.8% | 31.2% |
| 2022 | $1.77B | -31.2% | $2.74B | $3.82 | 18.3% | 28.4% |
| 2021 | $2.57B | +51.9% | $3.13B | $5.66 | 27.4% | 33.5% |
| 2020 | $1.69B | -10.4% | $2.89B | $3.79 | 21.0% | 35.9% |
| 2019 | $1.89B | +52.7% | $2.69B | $4.24 | 24.9% | 35.5% |
| 2018 | $1.24B | -0.2% | $1.91B | $2.79 | 16.6% | 25.6% |
| 2017 | $1.24B | +29.5% | $2.00B | $2.67 | 18.6% | 30.0% |
| 2016 | $956M | +39.6% | $1.85B | $1.98 | 16.5% | 32.0% |
Full AMT Stock Analysis
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Start ComparisonAMT — Frequently Asked Questions
Quick answers to the most common questions about buying AMT stock.
Is AMT growing earnings?
AMT EPS stands at $6.16, with +11.8% growth matching the 5-year CAGR of +7.3%. TTM net income is $2.9B. Earnings trajectory remains consistent.
What are AMT's profit margins?
American Tower Corporation net margin is +23.8%, with operating margin at +45.8%. Above-average margins indicate pricing power.
How consistent are AMT's earnings?
AMT earnings data spans 1997-2025. The current earnings trend is +11.8% YoY. Historical data enables comparison across business cycles.