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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

American Tower

American Tower Corp. provides real estate investment services, and owns, operates, and develops multi-tenant real estate properties. It operates through the following segments: U.S. & Canada, Asia-Pacific, Europe, Africa Latin America, and Services. The Asia-Pacific segment refers to the operations in Australia and India. The Europe segment consists of France, Germany, and Poland. The Africa segment consists of Burkina Faso, Ghana, Kenya, Niger, Nigeria, South Africa, and Uganda. The Latin America segment includes operations in Argentina, Brazil, Chile, Colombia, Costa Rica, Mexico, Paraguay, and Peru. The Services segment offers tower-related services in the United States, including site acquisition, zoning & permitting services, and structural analysis services. The company was founded in 1995 and is headquartered in Boston, MA.

Earnings data Q1 2021

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Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

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Earnings data Q3 2024

Earnings data Q4 2024

American Tower (AMT) reports robust performance and strategic growth outlook

American Tower's Q4 2022 earnings call highlighted strong performance, strategic initiatives, and growth opportunities amidst economic challenges.
The company's focus on operational efficiency, ESG initiatives, and maintaining financial strength positions it well for sustainable growth and value creation.
With a solid market position, robust growth prospects, and a strategic outlook for 2023, American Tower remains poised for continued success in the telecommunications infrastructure sector.

American Tower excels in Q1 with strong U.S. tower and data center performance

American Tower's Q1 performance reflects robust growth in U.S. towers and data centers, driven by 5G investments.
The company is strategically reducing debt, exploring global portfolio optimization, and focusing on shareholder value.
Challenges include Latin America churn delay and AFFO growth impact, but opportunities lie in 5G expansion and data center growth.
Overall, American Tower remains well-positioned in the evolving telecommunications infrastructure landscape.

American Tower and CoreSite report strong Q2 performance and growth opportunities

American Tower and CoreSite demonstrated strong financial performance in Q2, driven by robust demand for data centers and strategic investments in international markets.
While facing challenges in selective investments and carrier activity slowdown, the companies are focused on maximizing margins, reducing debt, and exploring growth opportunities.
Opportunities lie in expanding international operations, optimizing capital deployment, and considering stock buybacks to enhance shareholder value and capitalize on infrastructure demand.
Overall, American Tower's disciplined approach to partnerships and operational efficiencies, along with CoreSite's consistent revenue growth and customer demand, position both companies for continued success.

American Tower (AMT) reports strong Q3 performance and strategic growth outlook

American Tower (AMT) showcases strong financial performance, strategic focus on 5G evolution, and disciplined capital allocation. While facing challenges like churn impacts and moderated activity levels, the company is optimistic about growth opportunities and aims for long-term AFFO per share growth. AMT's emphasis on balance sheet strength and shareholder returns underpins its strategic direction.

American Tower (AMT) reports resilient 2023 performance and strategic focus

American Tower (AMT) navigated challenges in 2023 to achieve strong financial performance, focusing on growth post-churn and strategic market positioning. The company's resilience, focus on carrier activity, and anticipation of future opportunities position it well for continued success in the evolving market landscape.

American Tower excels in Q1 with strong growth strategies

American Tower's Q1 earnings call showcased strong performance and strategic focus on growth drivers. The company is navigating challenges while capitalizing on opportunities to drive long-term value for shareholders.

American Tower excels in Q2, eyes global growth amid challenges

American Tower's strong Q2 performance and revised outlook reflect a focus on operational excellence and international strategy.
Challenges include managing exposure to emerging markets and potential impacts from interest rates and FX fluctuations.
Opportunities lie in data center expansion, international growth, and driving AFFO per share growth through revenue and cost initiatives.

American Tower reports strong Q3 results, eyes 5G densification opportunities

American Tower is confident in the long-term growth potential of its assets, aiming for sustained high-quality earnings growth. Shareholders can inquire about discontinued operations or general results/outlook through Investor Relations. The conference call is available for replay on the company's website.

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American Tower Corp. provides real estate investment services, and owns, operates, and develops multi-tenant real estate properties. It offers leasing of space on communications sites to wireless service providers, radio and television broadcast companies. It operates through the following segments: U.S. and Canada, Asia-Pacific, Africa, Europe, Latin America, and Data Centers. The company was founded in 1995 and is headquartered in Boston, MA.

CHICAGO--( BUSINESS WIRE )--CoreSite, a leading hybrid IT solutions provider and subsidiary of American Tower Corporation (NYSE: AMT) (“American Tower”), will celebrate its downtown Chicago data center, CH2, with the local business community on Thursday, November 17. CH2 opened in June 2020 when the need for digital infrastructure services was skyrocketing. Now, this CoreSite data center in Chicago supports high-density requirements and offers superior network and cloud connectivity for its new and existing customers. CoreSite and area businesses are bringing the community together at 1432 South Clinton Street for a blues-themed festivity.

Media Advisory: CoreSite Celebrates Its Expanded Chicago Data Center Footprint, Enabling Digital Transformation in a Rising Internet Hub

American Tower is well-positioned to benefit from the ongoing 5G buildout. It's positioning its CoreSite assets to capture more profits across the communications value chain.

American Tower's Moat Keeps Getting Bigger

American Tower Corporation is trading at a nice valuation, compared to previous ones, in line with its main competitors, Crown Castle. The company has outperformed Crown Castle in a 5-year period, and that's why it is trading at a slightly higher AFFO multiple.

Buying The Dip In American Tower Corporation

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JOHANNESBURG--(BUSINESS WIRE)--American Tower Corporation's African subsidiary (ATC Africa) and PowerX today announced a strategic partnership that will bring the significant efficiency and environmental benefits of PowerX's artificial intelligence (AI) solutions to Africa's telecommunications industry by optimizing energy usage at tower sites.

American Tower and PowerX Announce Strategic Partnership to Drive Sustainability in the African Telecommunications Industry Through Innovative AI Solutions

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DENVER & NEW YORK--(BUSINESS WIRE)--CoreSite, a leading hybrid IT solutions provider and subsidiary of American Tower Corporation (NYSE: AMT) (“American Tower”) and Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, today announced that Stonepeak, on behalf of certain affiliated investment vehicles, invested an additional $570.0 million, which, together with its initial $2.5 billion investment in August 2022, on a fully converted basis and based on

Stonepeak Upsizes Invesment in American Tower's Data Center Business

American Tower Corporation (NYSE:AMT ) Q3 2022 Earnings Conference Call October 27, 2022 8:30 AM ET Company Participants Adam Smith - Senior Vice President of Investor Relations Tom Bartlett - President & Chief Executive Officer Rod Smith - Executive Vice President, Chief Financial Officer & Treasurer Conference Call Participants Simon Flannery - Morgan Stanley David Barden - Bank of America Greg Williams - Cowen Batya Levi - UBS Michael Rollins - Citi Ric Prentiss - Raymond James Matt Niknam - Deutsche Bank Richard Choe - JPMorgan Operator Ladies and gentlemen, thank you for standing by. Welcome to the American Tower Third Quarter 2022 Earnings Conference Call.

American Tower Corporation (AMT) Q3 2022 Earnings Call Transcript

American Tower's (AMT) Q3 results reflect decent organic tenant billings growth and a solid improvement in revenues.

American Tower (AMT) Q3 AFFO Declines, Revenues Rise Y/Y

American Tower (AMT) delivered FFO and revenue surprises of -2.48% and 0.20%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

American Tower (AMT) Q3 FFO Miss Estimates

BOSTON--(BUSINESS WIRE)--American Tower Corporation (NYSE: AMT) today reported financial results for the quarter ended September 30, 2022.

American Tower Corporation Reports Third Quarter 2022 Financial Results

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American Tower Vs. Crown Castle: Which Stock Is Better?

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High demand for American Tower's (AMT) assets due to rising carrier network spending is likely to have benefited its Q3 earnings. However, negative foreign exchange impacts may have been a deterrent.

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DENVER--(BUSINESS WIRE)--CoreSite, a leading hybrid IT solutions provider and subsidiary of American Tower Corporation (NYSE: AMT) (“American Tower”), today announced the release of the new research report “Artificial Intelligence: Charting the Way Forward for AI: 2022 Survey of IT Leaders and Service Providers on AI Deployment” in collaboration with the market research and competitive analysis group Heavy Reading and Ericsson.

New Artificial Intelligence Research Findings Show Acceleration in Data Center Deployments

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News for American Tower Stock (AMT)