American Tower Corporation AMT
American Tower Corporation, a prominent global Real Estate Investment Trust (REIT), stands as a premier independent entity specializing in the ownership, operation, and development of shared telecommunications infrastructure. The company manages an extensive portfolio of approximately 219,000 communication sites worldwide. For additional details, including earnings materials and investor presentations, please visit their investor relations website at www.americantower.com.
Snapshot
Reported FFO / AFFO / leverage are from the None earnings release (filed 2026-05-21) — 8-K, EX-99.1.
Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.
Dividends
| Ex-date | Record | Payment | Declared | Amount | Freq. |
|---|---|---|---|---|---|
| 2026-06-12 | 2026-06-12 | 2026-07-13 | 2026-05-21 | $1.79 | Quarterly |
| 2025-12-29 | 2025-12-29 | 2026-02-02 | 2025-12-04 | $1.70 | Quarterly |
| 2025-09-30 | 2025-09-30 | 2025-10-20 | 2025-09-18 | $1.70 | Quarterly |
| 2025-06-13 | 2025-06-13 | 2025-07-11 | 2025-05-15 | $1.70 | Irregular |
| 2025-04-11 | 2025-04-11 | 2025-04-28 | 2025-03-06 | $1.70 | Quarterly |
| 2024-12-27 | 2024-12-27 | 2025-02-03 | 2024-12-05 | $1.62 | Irregular |
| 2024-10-09 | 2024-10-09 | 2024-10-25 | 2024-09-12 | $1.62 | Quarterly |
| 2024-06-14 | 2024-06-14 | 2024-07-12 | 2024-05-23 | $1.62 | Quarterly |
| 2024-04-11 | 2024-04-12 | 2024-04-26 | 2024-03-14 | $1.62 | Quarterly |
| 2023-12-27 | 2023-12-28 | 2024-02-01 | 2023-12-14 | $1.70 | Quarterly |
| 2023-10-10 | 2023-10-11 | 2023-10-27 | 2023-09-20 | $1.62 | Quarterly |
| 2023-06-15 | 2023-06-16 | 2023-07-10 | 2023-05-25 | $1.57 | Quarterly |
| 2023-04-13 | 2023-04-14 | 2023-04-28 | 2023-03-09 | $1.56 | Quarterly |
| 2022-12-27 | 2022-12-28 | 2023-02-02 | 2022-12-08 | $1.56 | Quarterly |
| 2022-10-07 | 2022-10-11 | 2022-10-26 | 2022-09-22 | $1.47 | Quarterly |
| 2022-06-16 | 2022-06-17 | 2022-07-08 | 2022-05-19 | $1.43 | Quarterly |
| 2022-04-12 | 2022-04-13 | 2022-04-29 | 2022-03-11 | $1.40 | Quarterly |
| 2021-12-23 | 2021-12-27 | 2022-01-14 | 2021-12-16 | $1.39 | Quarterly |
| 2021-09-27 | 2021-09-28 | 2021-10-15 | 2021-09-16 | $1.31 | Quarterly |
| 2021-06-17 | 2021-06-18 | 2021-07-09 | 2021-05-27 | $1.27 | Quarterly |
| 2021-04-12 | 2021-04-13 | 2021-04-29 | 2021-03-04 | $1.24 | Quarterly |
| 2020-12-24 | 2020-12-28 | 2021-02-02 | 2020-12-03 | $1.21 | Quarterly |
| 2020-09-25 | 2020-09-28 | 2020-10-16 | 2020-09-10 | $1.14 | Quarterly |
| 2020-06-18 | 2020-06-19 | 2020-07-10 | 2020-05-19 | $1.10 | Quarterly |
Coverage (payout of operating cash flow): 61.48%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).
Balance sheet (latest FY: 2025)
Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.
Financial history
| FY | Revenue | Net income | D&A | EBITDA | Op. cash flow |
|---|---|---|---|---|---|
| 2025 | $10.65B | $2.53B | $2.06B | $6.12B | $5.46B |
| 2024 | $10.13B | $2.25B | $2.12B | $7.15B | $5.29B |
| 2023 | $10.01B | $1.48B | $3.09B | $6.00B | $4.72B |
| 2022 | $9.65B | $1.77B | $3.36B | $6.58B | $3.70B |
| 2021 | $9.36B | $2.57B | $2.33B | $6.03B | $4.82B |
| 2020 | $8.04B | $1.69B | $1.88B | $4.50B | $3.88B |
Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.