XML 14 R4.htm IDEA: XBRL DOCUMENT v3.25.3
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
REVENUES:        
Total operating revenues $ 2,717.4 $ 2,522.3 $ 7,907.1 $ 7,579.6
Costs of operations (exclusive of items shown separately below):        
Property 657.0 626.9 1,897.2 1,859.2
Depreciation, amortization and accretion 522.9 498.5 1,525.7 1,527.9
Selling, general, administrative and development expense 233.0 227.7 704.2 690.3
Other operating expense (income) 17.4 5.1 (41.9) 5.0
Total operating expenses 1,484.1 1,383.1 4,222.0 4,143.2
OPERATING INCOME 1,233.3 1,139.2 3,685.1 3,436.4
OTHER INCOME (EXPENSE):        
Interest income 36.1 37.7 93.6 103.1
Interest expense (347.1) (356.8) (1,015.0) (1,083.3)
Other income (expense) (including foreign currency gains (losses) of $18.0, $(337.4), $(811.7) and $(231.4), respectively) 27.7 (269.6) (684.4) (137.1)
Total other expense (283.3) (588.7) (1,605.8) (1,117.3)
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES 950.0 550.5 2,079.3 2,319.1
Income tax provision (37.4) (122.4) (287.6) (291.1)
NET INCOME FROM CONTINUING OPERATIONS 912.6 428.1 1,791.7 2,028.0
LOSS FROM DISCONTINUED OPERATIONS, NET OF TAXES 0.0 (1,208.5) 0.0 (978.3)
NET INCOME (LOSS) 912.6 (780.4) 1,791.7 1,049.7
Net income attributable to noncontrolling interests (59.3) (11.9) (82.9) (24.3)
NET INCOME (LOSS) ATTRIBUTABLE TO AMERICAN TOWER CORPORATION COMMON STOCKHOLDERS, BASIC 853.3 (792.3) 1,708.8 1,025.4
NET INCOME (LOSS) ATTRIBUTABLE TO AMERICAN TOWER CORPORATION COMMON STOCKHOLDERS, DILUTED 853.3 (792.3) 1,708.8 1,025.4
NET INCOME FROM CONTINUING OPERATIONS ATTRIBUTABLE TO AMERICAN TOWER CORPORATION COMMON STOCKHOLDERS, BASIC 853.3 416.2 1,708.8 2,003.7
NET INCOME FROM CONTINUING OPERATIONS ATTRIBUTABLE TO AMERICAN TOWER CORPORATION COMMON STOCKHOLDERS, DILUTED 853.3 416.2 1,708.8 2,003.7
NET LOSS FROM DISCONTINUED OPERATIONS ATTRIBUTABLE TO AMERICAN TOWER CORPORATION COMMON STOCKHOLDERS, BASIC 0.0 (1,208.5) 0.0 (978.3)
NET LOSS FROM DISCONTINUED OPERATIONS ATTRIBUTABLE TO AMERICAN TOWER CORPORATION COMMON STOCKHOLDERS, DILUTED $ 0.0 $ (1,208.5) $ 0.0 $ (978.3)
NET INCOME PER COMMON SHARE AMOUNTS:        
Basic net income from continuing operations attributable to American Tower Corporation common stockholders (in dollars per share) $ 1.82 $ 0.89 $ 3.65 $ 4.29
Basic net loss from discontinued operations attributable to American Tower Corporation common stockholders (in dollars per share) 0 (2.59) 0 (2.10)
Basic net income (loss) attributable to American Tower Corporation common stockholders (in dollars per share) 1.82 (1.70) 3.65 2.20
Diluted net income from continuing operations attributable to American Tower Corporation common stockholders (in dollars per share) 1.82 0.89 3.64 4.28
Diluted net loss from discontinued operations attributable to American Tower Corporation common stockholders (in dollars per share) 0 (2.58) 0 (2.09)
Diluted net income (loss) attributable to American Tower Corporation common stockholders (in dollars per share) $ 1.82 $ (1.69) $ 3.64 $ 2.19
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (in thousands):        
BASIC (in shares) 468,287 467,196 468,036 466,919
DILUTED (in shares) 469,039 468,261 468,856 468,001
Property        
REVENUES:        
Total operating revenues $ 2,616.3 $ 2,469.9 $ 7,631.9 $ 7,449.6
Services        
REVENUES:        
Total operating revenues 101.1 52.4 275.2 130.0
Costs of operations (exclusive of items shown separately below):        
Services $ 53.8 $ 24.9 $ 136.8 $ 60.8