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American Tower (American Tower) Earnings per Share (Diluted)

: $3.18 (TTM As of Dec. 2023)
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American Tower's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $0.18. Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $3.18.

American Tower's EPS (Basic) for the three months ended in Dec. 2023 was $0.18. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2023 was $3.18.

American Tower's EPS without NRI for the three months ended in Dec. 2023 was $1.54. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was $4.71.

During the past 12 months, American Tower's average EPS without NRIGrowth Rate was 21.80% per year. During the past 3 years, the average EPS without NRIGrowth Rate was 2.50% per year. During the past 5 years, the average EPS without NRI Growth Rate was 5.40% per year. During the past 10 years, the average EPS without NRI Growth Rate was 14.90% per year.

During the past 13 years, American Tower's highest 3-Year average EPS without NRI Growth Rate was 88.60% per year. The lowest was -234.00% per year. And the median was 16.70% per year.


American Tower Earnings per Share (Diluted) Historical Data

The historical data trend for American Tower's Earnings per Share (Diluted) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

American Tower Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings per Share (Diluted)
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.24 3.79 5.66 3.82 3.18

American Tower Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Earnings per Share (Diluted) Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.47 0.72 1.02 1.26 0.18

Competitive Comparison

For the REIT - Specialty subindustry, American Tower's PE Ratio, along with its competitors' market caps and PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


American Tower PE Ratio Distribution

For the REITs industry and Real Estate sector, American Tower's PE Ratio distribution charts can be found below:

* The bar in red indicates where American Tower's PE Ratio falls into.



American Tower Earnings per Share (Diluted) Calculation

Earnings Per Share (EPS) is the amount of earnings per outstanding share of the company's stock. In calculating earnings per share, the dividends of preferred stocks need to subtracted from the total net income first.

American Tower's Earnings Per Share (Diluted) for the fiscal year that ended in Dec. 2023 is calculated as

Diluted Earnings Per Share (A: Dec. 2023 ) = (Net Income - Preferred Dividends) / Shares Outstanding (Diluted Average)
=(1483.3-0)/467.162
=3.18

American Tower's Earnings Per Share (Diluted) for the quarter that ended in Dec. 2023 is calculated as

Diluted Earnings Per Share (Q: Dec. 2023 )=(Net Income - Preferred Dividends / Shares Outstanding (Diluted Average)
=(84.9-0)/467.546
=0.18

Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.18

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Companies also reported diluted shares in their financial reports. Diluted shares include the shares of convertibles or warrants outstanding.


American Tower  (NYSE:AMT) Earnings per Share (Diluted) Explanation

Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.


Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.


American Tower Earnings per Share (Diluted) Related Terms

Thank you for viewing the detailed overview of American Tower's Earnings per Share (Diluted) provided by GuruFocus.com. Please click on the following links to see related term pages.


American Tower (American Tower) Business Description

Industry
Address
116 Huntington Avenue, 11th Floor, Boston, MA, USA, 02116
American Tower owns and operates more than 220,000 cell towers throughout the U.S., Asia, Latin America, Europe, and Africa. It also owns and/or operates 28 data centers in 10 U.S. markets after acquiring CoreSite. On its towers, the company has a very concentrated customer base, with most revenue in each market being generated by just the top few mobile carriers. The company operates more than 40,000 towers in the U.S., which accounted for roughly half of the company's total revenue in 2022. Outside the U.S., American Tower operates over 75,000 towers in India, almost 50,000 towers in Latin America (dominated by Brazil), 30,000 towers in Europe, and nearly 25,000 towers in Africa. American Tower operates as an REIT.
Executives
Joann A Reed director C/O AMERICAN TOWER CORP, 116 HUNTINGTON AVENUE, BOSTON MA 02116
Eugene M Noel officer: EVP & President, U.S. Tower 116 HUNTINGTON AVENUE, BOSTON MA 02116
Robert D Hormats director 85 BROAD STREET, NEW YORK NY 10004
Rodney M Smith officer: EVP, CFO & Treasurer 116 HUNTINGTON AVENUE, BOSTON MA 02116
Raymond P Dolan director 108 GOVERNOR DRIVE, BASKING RIDGE NJ 00924
Samme L Thompson director C/O TELIT ASSOCIATES, INC., 333 NORTH MICHIGAN AVENUE, CHICAGO IL 60601
Sanjay Goel officer: EVP & President, Asia-Pacific 116 HUNTINGTON AVENUE, BOSTON MA 02116
Ruth T Dowling officer: EVP, Chief Admin Ofr, GC & Sec 116 HUNTINGTON AVENUE, BOSTON MA 02116
Reeve Pamela D A director C/O AMERICAN TOWER CORPORATION, 116 HUNTINGTON AVE, BOSTON MA 02116
Meyer Robert Joseph Jr officer: SVP & Chief Accounting Officer 61 SCHOOL STREET, ARLINGTON MA 02476
Edmund Disanto officer: EVP, Chief Admin Ofr, GC & Sec C/O AMERICAN TOWER CORPORATION, 116 HUNTINGTON AVENUE, 11TH FLOOR, BOSTON MA 02116
Bruce L Tanner director 214 N TRYON STREET, CHARLOTTE NC 28202
Kelly C Chambliss director C/O CORESITE REALTY CORPORATION, 1001 17TH STREET, SUITE 500, DENVER CO 80202
Teresa Hillary Clarke director 2850 GOLF ROAD, ROLLING MEADOWS IL 60008
David E Sharbutt director 116 HUNTINGTON AVENUE, BOSTON MA 02116