American Tower Corp

AMT: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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American Tower Earnings: Growth Remains Consistent With Our Expectations

Michael Hodel

Apr 28, 2026

American Tower's first-quarter property revenue increased 7.3%, or 2.8% excluding currency movements, reflecting the loss of EchoStar revenue. Higher interest expense and maintenance capital spending also limited adjusted funds from operations growth to 2.7%.

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American Tower Corp

American Tower Earnings: Growth Remains Consistent With Our Expectations

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