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Press Release -- February 23rd, 2023
Source: amt
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American Tower Corporation Reports Fourth Quarter and Full Year 2022 Financial Results

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BOSTON–(BUSINESS WIRE)–Feb. 23, 2023– American Tower Corporation (NYSE: AMT):

CONSOLIDATED HIGHLIGHTS

Fourth Quarter 2022

Full Year 2022

  • Total revenue increased 10.6% to $2,705 million
  • Property revenue increased 11.2% to $2,645 million
  • Net income decreased 262.4% to a net loss of $(717) million(1)(2)
  • Adjusted EBITDA increased 12.6% to $1,707 million
  • Consolidated AFFO increased 15.1% to $1,147 million
  • Net income attributable to AMT common stockholders decreased 250.8% to a net loss attributable to AMT common stockholders of $(684) million(1)(2)
  • AFFO attributable to AMT common stockholders increased 14.1% to $1,093 million
  • Total revenue increased 14.5% to $10,711 million
  • Property revenue increased 14.9% to $10,470 million
  • Net income decreased 33.9% to $1,697 million(1)(2)
  • Adjusted EBITDA increased 11.1% to $6,644 million
  • Consolidated AFFO increased 7.1% to $4,685 million
  • Net income attributable to AMT common stockholders decreased 31.2% to $1,766 million(1)(2)
  • AFFO attributable to AMT common stockholders increased 5.6% to $4,517 million

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