American Tower, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of approximately 186,000 communications sites.
Company profile
Ticker
AMT
Exchange
Website
CEO
Thomas Bartlett
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
AMERICAN TOWER SYSTEMS CORP
SEC CIK
Corporate docs
Subsidiaries
10 Presidential Way Associates, LLC • 4383335 Nova Scotia Company • 52 Eighty Partners, LLC • 52 Eighty Tower Partners I, LLC • ACC Tower Sub, LLC • ActiveX Telebroadband Services Private Limited • Adquisiciones y Proyectos Inalámbricos, S. de R. L. de C.V. • Alternative Networking LLC • American Tower Asset Sub II, LLC • American Tower Asset Sub, LLC ...
IRS number
650723837
AMT stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Entry into a Material Definitive Agreement
13 Mar 23
8-K
American Tower Corporation Declares Quarterly Distribution
9 Mar 23
8-K
American Tower Corporation Announces Pricing of Securities Offering
8 Mar 23
8-K
Entry into a Material Definitive Agreement
3 Mar 23
8-K
Departure of Directors or Certain Officers
2 Mar 23
424B2
Prospectus for primary offering
1 Mar 23
8-K
American Tower Corporation Prices Senior Notes Offering
1 Mar 23
FWP
Free writing prospectus
28 Feb 23
424B5
Prospectus supplement for primary offering
28 Feb 23
8-K
American Tower Corporation Reports Fourth Quarter and Full Year 2022 Financial Results
23 Feb 23
Transcripts
AMT
Earnings call transcript
2022 Q4
23 Feb 23
AMT
Earnings call transcript
2022 Q3
27 Oct 22
AMT
Earnings call transcript
2022 Q2
28 Jul 22
AMT
Earnings call transcript
2022 Q1
27 Apr 22
AMT
Earnings call transcript
2021 Q4
24 Feb 22
AMT
Earnings call transcript
2021 Q3
28 Oct 21
AMT
Earnings call transcript
2021 Q2
29 Jul 21
AMT
Earnings call transcript
2021 Q1
29 Apr 21
AMT
Earnings call transcript
2020 Q4
25 Feb 21
AMT
Earnings call transcript
2020 Q3
29 Oct 20
Latest ownership filings
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|---|
| Revenue | |||||
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| Operating income | |||||
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| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 2.14 bn | 2.14 bn | 2.14 bn | 2.14 bn | 2.14 bn | 2.14 bn |
| Cash burn (monthly) | 36.30 mm | 16.88 mm | 252.87 mm | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 107.33 mm | 49.92 mm | 747.67 mm | n/a | n/a | n/a |
| Cash remaining | 2.03 bn | 2.09 bn | 1.39 bn | n/a | n/a | n/a |
| Runway (months of cash) | 56.0 | 123.8 | 5.5 | n/a | n/a | n/a |
Institutional ownership, Q4 2022
90.7% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 1623 |
| Opened positions | 166 |
| Closed positions | 160 |
| Increased positions | 634 |
| Reduced positions | 624 |
| 13F shares | Current |
|---|---|
| Total value | 89.57 tn |
| Total shares | 422.33 mm |
| Total puts | 2.39 mm |
| Total calls | 2.47 mm |
| Total put/call ratio | 1.0 |
| Largest owners | Shares | Value |
|---|---|---|
| Vanguard | 61.43 mm | $13.01 tn |
| BLK Blackrock | 35.91 mm | $7.61 tn |
| STT State Street | 21.32 mm | $4.55 tn |
| Wellington Management | 13.24 mm | $2.80 tn |
| CNS Cohen & Steers | 10.02 mm | $2.13 tn |
| Geode Capital Management | 9.60 mm | $2.04 tn |
| FMR | 8.72 mm | $1.85 tn |
| MS Morgan Stanley | 7.23 mm | $1.53 tn |
| Deutsche Bank AG - Registered Shares | 7.04 mm | $1.49 tn |
| Akre Capital Management | 6.99 mm | $1.48 tn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 11 Mar 23 | Bartlett Thomas A | Common Stock | Payment of exercise | Dispose F | No | No | 191.27 | 993 | 189.93 k | 258,742 |
| 11 Mar 23 | Ruth T Dowling | Common Stock | Payment of exercise | Dispose F | No | No | 191.27 | 195 | 37.30 k | 13,593 |
| 11 Mar 23 | Meyer Robert Joseph JR | Common Stock | Payment of exercise | Dispose F | No | No | 191.27 | 419 | 80.14 k | 29,954 |
| 11 Mar 23 | DiSanto Edmund | Common Stock | Payment of exercise | Dispose F | No | No | 191.27 | 941 | 179.99 k | 161,670 |
| 10 Mar 23 | Bartlett Thomas A | Common Stock | Payment of exercise | Dispose F | No | No | 191.27 | 10,289 | 1.97 mm | 259,735 |
| 10 Mar 23 | Bartlett Thomas A | Common Stock | Grant | Acquire A | No | No | 0 | 23,841 | 0.00 | 270,024 |
| 10 Mar 23 | Ruth T Dowling | Common Stock | Payment of exercise | Dispose F | No | No | 191.27 | 638 | 122.03 k | 13,788 |
| 10 Mar 23 | Ruth T Dowling | Common Stock | Grant | Acquire A | No | No | 0 | 4,706 | 0.00 | 14,426 |
| 10 Mar 23 | Sanjay Goel | Common Stock | Grant | Acquire A | No | No | 0 | 7,320 | 0.00 | 16,912 |
| 10 Mar 23 | Meyer Robert Joseph JR | Common Stock | Payment of exercise | Dispose F | No | No | 191.27 | 788 | 150.72 k | 30,373 |
News
If You Invested $10K In American Tower 5 years Ago, Here's How Much You Would Be Making In Dividends Today
27 Mar 23
Analyst Expectations for American Tower's Future
23 Mar 23
Barclays Maintains Overweight on American Tower, Lowers Price Target to $229
23 Mar 23
What Does American Tower's Debt Look Like?
10 Mar 23
(AMT) - Analyzing American Tower's Short Interest
8 Mar 23
Press releases
American Tower Corporation Declares Quarterly Distribution
9 Mar 23
American Tower Corporation Announces Pricing of Securities Offering
8 Mar 23
American Tower Corporation Prices Senior Notes Offering
28 Feb 23
American Tower Corporation Announces Participation in Upcoming Investor Conferences
24 Feb 23
American Tower Corporation Reports Fourth Quarter and Full Year 2022 Financial Results
23 Feb 23