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American Tower AMT Retained Earnings

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$339.63M-41.1%

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$78.31B-19.9%
Enterprise value$121.55B+14.9%
P/E22.3×-51.4×
P/S7.2×-2.4×

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:RetainedEarningsAccumulatedDeficit.

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
EQUITY (shares in thousands):
Common stock: $0.01 par value; 1,000,000 shares authorized; 480,163 and 479,358 shares issued; and 465,959 and 466,318 shares outstanding, respectively4.84.8
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

ITEM 1. UNAUDITED CONSOLIDATED AND CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FAQ

What is American Tower's retained earnings?
American Tower (AMT) reported retained earnings of -$5.03B in Q2 2026.
How has American Tower's retained earnings changed year-over-year?
American Tower's retained earnings increased by 2.6% year-over-year, from -$5.16B to -$5.03B.
What is the long-term trend for American Tower's retained earnings?
Over 5 years (2020 to 2025), American Tower's retained earnings has grown at a 30.5% compound annual growth rate (CAGR), from -$1.34B to -$5.09B.
What does retained earnings mean?
Cumulative net income earned since inception minus all dividends paid — the total profits reinvested in the business over its lifetime.

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