American Tower Past Earnings Performance
Past criteria checks 3/6
American Tower's earnings have been declining at an average annual rate of -0.3%, while the Specialized REITs industry saw earnings growing at 18.6% annually. Revenues have been growing at an average rate of 9.7% per year. American Tower's return on equity is 18.5%, and it has net margins of 18.4%.
Key information
-0.3%
Earnings growth rate
-1.4%
EPS growth rate
Specialized REITs Industry Growth | 18.0% |
Revenue growth rate | 9.7% |
Return on equity | 18.5% |
Net Margin | 18.4% |
Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
American Tower: Tower-Ing Returns
May 01American Tower: Buy-And-Hold Investors Should Be Euphoric About This Bargain
Apr 21American Tower: Don't Be Fooled By The Dividend Cut
Mar 25Growth Or Dividends? Get Both With American Tower
Mar 02American Tower Has Dividend Power
Feb 22American Tower: Mobile Trends Fueling Expansion But Not A Buy Yet
Feb 06American Tower: There's Still Time To Buy This Wonderful REIT
Jan 05American Tower Is Too Expensive
Dec 04American Tower: 2-Notch Upgrade From Sell To Buy
Nov 28Down 40% - 3.6%-Yielding American Tower Is A Deep-Value Opportunity
Nov 02American Tower: I Agree With Wall Street On This One
Oct 26The Towering Inferno: SBA Communications And American Tower Entering Buy-Zones
Sep 28It's The Best Time In History To Buy American Tower
Sep 202 Insanely Cheap REITs I Am Buying
Sep 06Crown Castle Vs. American Tower: Only One Deserves To Be Called King
Aug 27Who Else Is Doubling Down On Cell Tower REITs?
Aug 08American Tower: Too Depressed But Buyers' Redemption Is Likely Close
Jul 26From Towers To Cash Flow: American Tower's Winning Formula
Jun 25Buy American Tower For Income
May 24Skeptical American Tower would look to acquire Cellnex - analyst
Jan 23American Tower raised at Goldman as rates-driven slump creates buying opportunity
Jan 10American Tower: Ignore The Market's Signals
Dec 19American Tower lifts dividend by 6.1% to $1.56/share
Dec 08Buying The Dip In American Tower Corporation
Nov 14American Tower Q3 2022 Earnings Preview
Oct 26American Tower's Debt And Global Footprint Are Reasons For Caution
Oct 13American Tower lifts dividend by ~3% to $1.47/share
Sep 22American Tower: Still A Great Prospect If You're Willing To Pay The Price
Sep 10With EPS Growth And More, American Tower (NYSE:AMT) Makes An Interesting Case
Aug 24American Tower Corporation: Growing Vertically, Not Horizontally
Aug 03Revenue & Expenses Breakdown
How American Tower makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
---|---|---|---|---|
31 Mar 24 | 11,211 | 2,065 | 986 | 0 |
31 Dec 23 | 11,144 | 1,483 | 993 | 0 |
30 Sep 23 | 11,063 | 715 | 965 | 0 |
30 Jun 23 | 10,915 | 967 | 964 | 0 |
31 Mar 23 | 10,818 | 1,390 | 942 | 0 |
31 Dec 22 | 10,711 | 1,766 | 972 | 0 |
30 Sep 22 | 10,451 | 2,903 | 964 | 0 |
30 Jun 22 | 10,234 | 2,786 | 939 | 0 |
31 Mar 22 | 9,859 | 2,634 | 923 | 0 |
31 Dec 21 | 9,357 | 2,568 | 812 | 0 |
30 Sep 21 | 9,034 | 2,479 | 792 | 0 |
30 Jun 21 | 8,593 | 2,221 | 762 | 0 |
31 Mar 21 | 8,207 | 1,921 | 744 | 0 |
31 Dec 20 | 8,042 | 1,691 | 779 | 0 |
30 Sep 20 | 7,843 | 1,888 | 762 | 0 |
30 Jun 20 | 7,783 | 1,922 | 774 | 0 |
31 Mar 20 | 7,760 | 1,905 | 750 | 0 |
31 Dec 19 | 7,580 | 1,888 | 730 | 0 |
30 Sep 19 | 7,789 | 1,603 | 743 | 0 |
30 Jun 19 | 7,620 | 1,471 | 733 | 0 |
31 Mar 19 | 7,512 | 1,349 | 726 | 0 |
31 Dec 18 | 7,440 | 1,227 | 733 | 0 |
30 Sep 18 | 7,013 | 1,169 | 712 | 0 |
30 Jun 18 | 6,908 | 1,101 | 682 | 0 |
31 Mar 18 | 6,790 | 1,138 | 677 | 0 |
31 Dec 17 | 6,664 | 1,152 | 637 | 0 |
30 Sep 17 | 6,499 | 1,134 | 604 | 0 |
30 Jun 17 | 6,333 | 1,074 | 588 | 0 |
31 Mar 17 | 6,113 | 890 | 573 | 0 |
31 Dec 16 | 5,786 | 849 | 543 | 0 |
30 Sep 16 | 5,526 | 853 | 548 | 0 |
30 Jun 16 | 5,249 | 691 | 532 | 0 |
31 Mar 16 | 4,981 | 660 | 510 | 0 |
31 Dec 15 | 4,772 | 595 | 498 | 0 |
30 Sep 15 | 4,538 | 558 | 486 | 0 |
30 Jun 15 | 4,338 | 681 | 480 | 0 |
31 Mar 15 | 4,195 | 782 | 463 | 0 |
31 Dec 14 | 4,100 | 801 | 447 | 0 |
30 Sep 14 | 3,996 | 732 | 434 | 0 |
30 Jun 14 | 3,765 | 713 | 423 | 0 |
31 Mar 14 | 3,543 | 582 | 424 | 0 |
31 Dec 13 | 3,361 | 551 | 416 | 0 |
30 Sep 13 | 3,188 | 587 | 388 | 0 |
30 Jun 13 | 3,093 | 639 | 372 | 0 |
Quality Earnings: AMT has a large one-off loss of $692.0M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: AMT's current net profit margins (18.4%) are higher than last year (12.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: AMT's earnings have declined by 0.3% per year over the past 5 years.
Accelerating Growth: AMT's earnings growth over the past year (48.6%) exceeds its 5-year average (-0.3% per year).
Earnings vs Industry: AMT earnings growth over the past year (48.6%) exceeded the Specialized REITs industry 6.5%.
Return on Equity
High ROE: AMT's Return on Equity (18.5%) is considered low.