American Tower Corporation (AMT) Earnings History
Steady Earner29 years of earnings data (1997–2025) · Positive but moderate multi-year EPS trajectory
Loading earnings history...
American Tower Corporation (AMT) Earnings Overview
As of July 7, 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 ($1.19B 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% |
| 2015 | $685M | -17.0% | $1.61B | $1.41 | 14.4% | 33.8% |
| 2014 | $825M | +49.6% | $1.49B | $2.00 | 20.1% | 36.3% |
| 2013 | $551M | -13.5% | $1.21B | $1.38 | 16.4% | 36.1% |
| 2012 | $637M | +62.3% | $1.12B | $1.60 | 22.2% | 38.9% |
| 2011 | $393M | +5.3% | $920M | $0.99 | 16.1% | 37.7% |
| 2010 | $373M | +51.2% | $784M | $0.92 | 18.8% | 39.5% |
| 2009 | $247M | -29.0% | $672M | $0.61 | 14.3% | 39.0% |
| 2008 | $347M | +516.6% | $607M | $0.84 | 21.8% | 38.1% |
| 2007 | $56M | +104.9% | $378M | $0.13 | 3.9% | 26.0% |
| 2006 | $27M | +116.0% | $286M | $0.06 | 2.1% | 21.7% |
| 2005 | -$172M | +30.7% | $177M | $-0.57 | -18.2% | 18.8% |
| 2004 | -$248M | +18.4% | $70M | $-1.10 | -35.0% | 9.9% |
| 2003 | -$303M | +73.4% | $31M | $-1.46 | -42.4% | 4.4% |
| 2002 | -$1.14B | -153.7% | -$96M | $-5.84 | -144.8% | -12.1% |
| 2001 | -$450M | -131.3% | -$189M | $-2.35 | -39.7% | -16.7% |
| 2000 | -$195M | -283.7% | -$102M | $-1.15 | -26.5% | -13.8% |
| 1999 | -$51M | -8.3% | -$41M | $-0.34 | -19.7% | -15.9% |
| 1998 | -$47M | -1963.6% | -$28M | $-0.59 | -45.2% | -27.2% |
| 1997 | -$2M | - | $932,709 | $-0.01 | -13.0% | 5.3% |
Download Data
Export AMT earnings history in CSV or JSON format
Free sign-in required to download data
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
29+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
AMT — Frequently Asked Questions
Quick answers to the most common questions about buying AMT stock.
What is AMT earnings per share (EPS)?
AMT trailing twelve-month (TTM) diluted EPS is $6.16, reflecting +11.8% year-over-year growth. The 5-year EPS CAGR is +7.3%. Complete EPS history from 1997 to 2025 is available in the table on this page.
What is American Tower Corporation's net income?
American Tower Corporation (AMT) trailing twelve-month net income is $2.9B as of 2025. Earnings grew +11.8% year-over-year. American Tower Corporation has been profitable for 20 consecutive years.
Is AMT profitable?
Yes, AMT is profitable with a TTM net income of $2.9B and a net profit margin of +23.8%. American Tower Corporation has generated profits for 20 consecutive years.
What is AMT's earnings growth rate?
AMT compound annual EPS growth rates (CAGR): 1-Year: +11.8%, 3-Year: +12.2%, 5-Year: +7.3%, 10-Year: +14.4%. These figures measure the annualised rate of diluted EPS growth over each period, based on data from 1997 to 2025.
What are AMT's profit margins?
American Tower Corporation net profit margin is +23.8%, operating margin is +45.8%, and gross margin is +73.7%. Above-average net margins reflect strong pricing power and competitive moat. Return on Equity is +25.3%.
Is AMT growing earnings?
AMT is growing earnings steadily. YoY EPS growth of +11.8% is consistent with the 5-year CAGR of +7.3%. TTM net income is $2.9B.
What was AMT's best earnings year?
American Tower Corporation's highest annual net income on record is $2.6B, achieved in fiscal year 2021. Earnings history on this page spans 1997 to 2025 and includes all annual and quarterly figures.
What were AMT's earnings last quarter?
AMT's most recent reported quarter was Q1 2026. Net income was $837M with diluted EPS of $1.84. For a full breakdown of all quarters, see the quarterly earnings table on this page.