What is the 13F Pro Quality Score for AMT?

13F Pro ranks AMERICAN TOWER CORP /MA/ (AMT) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View AMT's current score at https://13fpro.ai/company/AMT (free sign-up required for the full ranking).

Where does 13F Pro source AMT data?

All AMERICAN TOWER CORP /MA/ fundamentals and ownership data come directly from SEC EDGAR. AMERICAN TOWER CORP /MA/ files with the SEC under CIK 1053507. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

What sector is AMT in?

AMERICAN TOWER CORP /MA/ (AMT) is classified in the Real Estate sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/real-estate.

What drives AMT's revenue?

Per AMERICAN TOWER CORP /MA/'s latest 10-Q filed with the SEC on 2026-07-28, the biggest revenue drivers are: U.S. & Canada property ($1,274.4M, -3% YoY); Latin America property ($441.6M, +13% YoY); Africa & APAC property ($415.3M, +23% YoY). Figures are extracted from the filing text and machine-verified against the document. Full breakdown at https://13fpro.ai/company/AMT.

How often is AMT research updated on 13F Pro?

AMT's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

AMERICAN TOWER CORP /MA/(AMT)Stock Analysis

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Why AMT Scores 66/100

exact factor attribution · 2026-08-29

AMT's composite is driven by profitability and scale, held back by revenue growth. Bars show each factor's exact push vs. a median company, using the same weights the ranking engine applies.

Profitability

+5.7 pts

88th pct

Scale

+5.7 pts

88th pct

Free cash flow

+5.3 pts

85th pct

Capital efficiency

+1.9 pts

69th pct

Institutional flow

+1.8 pts

86th pct

Earnings growth

+1.2 pts

74th pct

Earnings quality

+0.5 pts

55th pct

▲2

Shareholder dilution

-0.3 pts

44th pct

Revenue growth

-5.3 pts

23th pct

Latest change (2026-07-30): 70 → 69 · ↓ Dilution 45→10

Factor percentiles are cross-sectional ranks across the ~2,800-stock scored universe, computed from SEC EDGAR filings. Not investment advice.

AMT Stock Analysis & AI Quality Score

Data updated 2026-08-29

AI stock analysis and institutional research for AMERICAN TOWER CORP /MA/ (AMT), a Real Estate sector company. 13F Pro tracks AMT using direct SEC EDGAR data and AI-powered research tools. Based on the latest XBRL financial filings (Q1 2026), AMERICAN TOWER CORP /MA/ reports quarterly revenue of $2.7B, net income of $878.5M, an operating margin of 45.3%. Top institutional holders of AMT by reported 13-F value include BlackRock, VANGUARD CAPITAL MANAGEMENT, VANGUARD PORTFOLIO MANAGEMENT, based on the most recent SEC filings. AMT trades on the NYSE exchange and files with the SEC under CIK 1053507. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate AMT daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for AMERICAN TOWER CORP /MA/ directly from SEC EDGAR. AMERICAN TOWER CORP /MA/'s 13F Pro composite quality score has ranged between 55 and 81 since 2021, currently 66.3 — an improving long-term trajectory across 65 quarterly and live scoring snapshots.

What's Driving AMT's Business? Latest 10-Q Breakdown

✓ 42/42 datapoints verified

AI-extracted from AMERICAN TOWER CORP /MA/'s 10-Q filed 2026-07-28 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

Q2 revenue rose 5% to $2,749.1M as Africa & APAC (+23%), Latin America (+13%) and Data Centers (+13%) offset a 3% U.S. & Canada property decline.

Biggest Revenue Drivers

U.S. & Canada property$1,274.4M-3% YoY

$41.4M decrease in other revenue, primarily $44.0M from straight-line accounting, plus $24.6M churn in excess of escalations, primarily DISH

Latin America property$441.6M+13% YoY

$44.0M from foreign currency translation and $14.1M higher other revenue, partly offset by $13.5M churn from customer cancellations in Brazil

Biggest Revenue Drivers

Total revenue: $2,749.1M+5% YoY

U.S. & Canada property$1,274.4M-3% YoY

$41.4M decrease in other revenue, primarily $44.0M from straight-line accounting, plus $24.6M churn in excess of escalations, primarily DISH

Latin America property$441.6M+13% YoY

$44.0M from foreign currency translation and $14.1M higher other revenue, partly offset by $13.5M churn from customer cancellations in Brazil

Africa & APAC property$415.3M+23% YoY

Tenant billings growth of $35.0M, $23.7M FX translation benefit and $12.6M higher pass-through revenue from fuel costs

Data Centers$297.1M+13% YoY

$20.3M higher rental revenue from new lease commencements, customer expansions and renewal rent increases, plus $8.2M power revenue

Europe property$259.4M+11% YoY

Tenant billings growth of $9.4M, $7.1M EUR translation benefit and $6.5M other revenue from incremental capital contributions

Largest Expense Items

Property costs of operations$707.9M

Higher pass-through costs including fuel and utilities in Africa & APAC (+$31.4M direct expenses) and energy costs in Europe

Depreciation, amortization and accretion$514.4M+1% YoY

Primarily attributable to foreign currency exchange rate fluctuations

Interest expense$354.5M+3% YoY

Total outstanding indebtedness of $37.4 billion as of June 30, 2026

Selling, general, administrative and development$233.8M0% YoY

Stock-based compensation fell $13.1M, offset by higher corporate personnel and professional services costs

Margins: Total property segment gross margin rose 5% to $1,979.9M. U.S. & Canada margin fell 3% on lower revenue; Africa & APAC and Europe margins grew despite higher pass-through fuel and energy costs.

Watch Items from the Filing

DISH filed chapter 11 on June 30, 2026; it was ~2% of total annual property revenue and ~4% of U.S. & Canada property revenue in 2025.
AT&T Mexico arbitration over lease calculations: ~$300 million of 2025 tenant revenue; ~$20 million of reserves in the six months, hearing scheduled August 2026.
Churn was approximately 5% of tenant billings in the six months, primarily DISH; 100% of DISH revenue is reflected in churn beginning January 1, 2026.
Total indebtedness of $37.4 billion with $5.2 billion current, against $9,943.1 million of total liquidity including $1,762.5 million cash.
For the six months, 33% of revenues were denominated in foreign currencies; Q2 growth included $44.0M Latin America and $23.7M Africa & APAC translation benefits.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-Q on SEC EDGAR →Share on X

Revenue

Q1 2026

$2.7B

Net Income

Q1 2026

$878.5M

Free Cash Flow

Q1 2026

$951.1M

Operating Margin

Q1 2026

45.3%

ROIC

Q1 2026

10.5%

D/E Ratio

Q1 2026

12.33

Period

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro

Revenue

+5.1% YoY

$10.64BFY 2025

FY22 $9.65BFY23 $10.01BFY24 $10.13BFY25 $10.64B

Net Income

—FY 2025

FY22 —FY23 —FY24 —FY25 —

Operating Income

+7.3% YoY

$4.85BFY 2025

FY22 $2.74BFY23 $3.13BFY24 $4.52BFY25 $4.85B

EPS (Diluted)

+12.0% YoY

$5.40FY 2025

FY22 $3.82FY23 $3.18FY24 $4.82FY25 $5.40

Total Assets

+3.5% YoY

$63.19BFY 2025

FY22 $67.19BFY23 $66.03BFY24 $61.08BFY25 $63.19B

Total Debt

+1.0% YoY

$40.61BFY 2025

FY22 $47.93BFY23 $41.87BFY24 $40.19BFY25 $40.61B

Op. Cash Flow

+3.3% YoY

$5.46BFY 2025

FY22 $3.70BFY23 $4.72BFY24 $5.29BFY25 $5.46B

Free Cash Flow

+2.2% YoY

$3.78BFY 2025

FY22 $1.79BFY23 $2.92BFY24 $3.70BFY25 $3.78B

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$10.64B +5.1%	$10.13B +1.1%	$10.01B +3.8%	$9.65B +3.1%	$9.36B +16.4%	$8.04B
Net Income	—	—	—	—	—	$1.69B
Operating Income	$4.85B +7.3%	$4.52B +44.5%	$3.13B +14.1%	$2.74B -12.6%	$3.13B +8.5%	$2.89B
EPS (Diluted)	$5.40 +12.0%	$4.82 +51.6%	$3.18 -16.8%	$3.82 -32.5%	$5.66 +49.3%	$3.79
Total Assets	$63.19B +3.5%	$61.08B -7.5%	$66.03B -1.7%	$67.19B -3.9%	$69.89B +48.0%	$47.23B
Total Debt	$40.61B +1.0%	$40.19B -4.0%	$41.87B -12.6%	$47.93B -8.9%	$52.63B +75.0%	$30.08B
Operating Cash Flow	$5.46B +3.3%	$5.29B +12.0%	$4.72B +27.8%	$3.70B -23.3%	$4.82B +24.2%	$3.88B
Free Cash Flow	$3.78B +2.2%	$3.70B +26.5%	$2.92B +63.0%	$1.79B -47.9%	$3.44B +20.8%	$2.85B

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Available Research

13F Pro tracks comprehensive data for AMERICAN TOWER CORP /MA/ including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of AMT

BlackRock, Inc.
$7.5B45,796,561 sh
VANGUARD CAPITAL MANAGEMENT LLC
$5.0B30,437,771 sh
VANGUARD PORTFOLIO MANAGEMENT LLC
$4.6B27,851,812 sh
STATE STREET CORP
$3.6B22,066,202 sh
GEODE CAPITAL MANAGEMENT, LLC
$2.3B13,838,970 sh
COHEN & STEERS, INC.
$2.3B13,777,789 sh
FMR LLC
$1.9B11,376,427 sh
MORGAN STANLEY
$1.6B9,610,971 sh
JPMORGAN CHASE & CO
$1.5B8,853,450 sh
LAZARD ASSET MANAGEMENT LLC
$1.4B8,403,123 sh

Fund	Value	Shares
BlackRock, Inc.	$7.5B	45,796,561
VANGUARD CAPITAL MANAGEMENT LLC	$5.0B	30,437,771
VANGUARD PORTFOLIO MANAGEMENT LLC	$4.6B	27,851,812
STATE STREET CORP	$3.6B	22,066,202
GEODE CAPITAL MANAGEMENT, LLC	$2.3B	13,838,970
COHEN & STEERS, INC.	$2.3B	13,777,789
FMR LLC	$1.9B	11,376,427
MORGAN STANLEY	$1.6B	9,610,971
JPMORGAN CHASE & CO	$1.5B	8,853,450
LAZARD ASSET MANAGEMENT LLC	$1.4B	8,403,123

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Is AMT a good stock to buy?

13F Pro's AI-powered analysis of AMERICAN TOWER CORP /MA/ (AMT) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Real Estate sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for AMT are available on the AMT stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. AMT is classified as a large company.

Which hedge funds own AMT?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling AMT. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of AMERICAN TOWER CORP /MA/'s investment landscape.