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American Tower AMT Non-Controlling Interests

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Other financials

Income statement

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Revenue$2.7B+4.7%
Operating income$1.3B+5.9%
Net income$887.5M+133%
EPS (diluted)$1.86+138%

Balance sheet

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Cash & equivalents$1.8B-15.1%
Total debt$45.0B+348%
Total equity$3.7B+0.2%
Total assets$63.3B-0.7%

Cash flow

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Operating cash flow$1.5B+16.0%
CapEx$320.9M+5.4%
Free cash flow$1.2B+19.3%

Valuation

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Market cap$79.77B-18.4%
Enterprise value$123B+16.3%
P/E22.7×-50.9×
P/S7.3×-2.2×

Profitability

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Gross margin99.5%
Operating margin44.8%-0.7pp
Net margin32.1%+19.2pp
FCF margin36.2%-0.3pp

Returns & leverage

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Return on equity94.6%+59.5pp
Debt / equity12.1×+9.4×
Current ratio0.4×-0.3×

Where this comes from

Reported directly by American Tower in its filing.

Tagged under the XBRL concept us-gaap:MinorityInterest.

The source filing: American Tower’s 10-Q, filed July 28, 2026.

Filed
Jul 28, 2026, 4:07 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001053507-26-000133
Line itemJune 30, 2026December 31, 2025
Additional paid-in capital15,276.915,215.3
Distributions in excess of earnings(5,032.3)(5,086.0)
Accumulated other comprehensive loss(4,661.0)(4,815.8)
Treasury stock (14,204 and 13,040 shares at cost, respectively)(1,868.7)(1,665.8)
Total American Tower Corporation equity3,719.73,652.5
Noncontrolling interests6,532.86,702.8
Total equity10,252.510,355.3
TOTAL$63,300.1$63,190.4

ITEM 1. UNAUDITED CONSOLIDATED AND CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FAQ

What is American Tower's non-controlling interests?
American Tower (AMT) reported non-controlling interests of $6.53B in Q2 2026.
What does non-controlling interests mean?
Equity attributable to minority shareholders in subsidiaries not fully owned by the parent — their proportional claim on subsidiary net assets.

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