American Total Revenue vs Net Income Analysis

AMT Stock

USD 209.00 0.30 0.14%

American Tower financial indicator trend analysis is way more than just evaluating American Tower Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Tower Corp is a good investment. Please check the relationship between American Tower Total Revenue and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Tower Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Total Revenue vs Net Income

Total Revenue vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American Tower Corp Total Revenue account and Net Income. At this time, the significance of the direction appears to have very strong relationship.

The correlation between American Tower's Total Revenue and Net Income is 0.85. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Net Income in the same time period over historical financial statements of American Tower Corp, assuming nothing else is changed. The correlation between historical values of American Tower's Total Revenue and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of American Tower Corp are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Total Revenue i.e., American Tower's Total Revenue and Net Income go up and down completely randomly.

Correlation Coefficient

0.85

Relationship Direction	Positive
Relationship Strength	Strong

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Total Revenue

Total revenue comprises all receipts American Tower Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in American Tower Corp financial statement analysis. It represents the amount of money remaining after all of American Tower Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from American Tower's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Tower Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Tower Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

At this time, American Tower's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 90.4 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.07 in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	6.7B	7.4B	7.9B	8.3B
Total Revenue	9.4B	10.7B	11.1B	11.7B

Gross Profit Total Revenue

American Tower fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets
Total Assets		1.0	0.65	0.95	0.41	0.99	0.7	0.99	-0.72	0.71	0.96	1.0	0.68	0.96	0.98	0.99	0.63	0.55	1.0	0.82	0.8	1.0	0.95	0.98	0.92	0.97
Short Long Term Debt Total	1.0		0.64	0.95	0.35	1.0	0.72	1.0	-0.7	0.7	0.97	1.0	0.65	0.97	0.98	0.98	0.61	0.52	1.0	0.79	0.76	1.0	0.95	0.98	0.92	0.96
Other Current Liab	0.65	0.64		0.67	0.63	0.61	0.69	0.64	-0.04	0.48	0.67	0.65	0.04	0.67	0.59	0.57	0.58	0.61	0.64	0.58	0.74	0.65	0.41	0.67	0.58	0.75
Total Current Liabilities	0.95	0.95	0.67		0.29	0.95	0.73	0.95	-0.63	0.7	0.94	0.95	0.63	0.94	0.94	0.95	0.53	0.45	0.94	0.8	0.71	0.96	0.9	0.95	0.99	0.91
Total Stockholder Equity	0.41	0.35	0.63	0.29		0.33	0.33	0.35	-0.15	0.32	0.31	0.42	0.1	0.31	0.3	0.35	0.74	0.78	0.38	0.55	0.75	0.37	0.23	0.39	0.2	0.57
Property Plant And Equipment Net	0.99	1.0	0.61	0.95	0.33		0.67	1.0	-0.73	0.7	0.97	0.99	0.69	0.97	0.98	0.98	0.59	0.51	0.99	0.78	0.75	0.99	0.97	0.97	0.93	0.94
Current Deferred Revenue	0.7	0.72	0.69	0.73	0.33	0.67		0.72	-0.16	0.67	0.64	0.7	0.07	0.64	0.68	0.7	0.47	0.44	0.71	0.6	0.59	0.72	0.54	0.66	0.65	0.75
Net Debt	0.99	1.0	0.64	0.95	0.35	1.0	0.72		-0.7	0.71	0.96	1.0	0.64	0.96	0.98	0.98	0.61	0.53	1.0	0.79	0.76	1.0	0.95	0.97	0.92	0.96
Retained Earnings	-0.72	-0.7	-0.04	-0.63	-0.15	-0.73	-0.16	-0.7		-0.59	-0.69	-0.72	-0.93	-0.69	-0.74	-0.76	-0.53	-0.42	-0.7	-0.65	-0.53	-0.7	-0.86	-0.72	-0.66	-0.58
Accounts Payable	0.71	0.7	0.48	0.7	0.32	0.7	0.67	0.71	-0.59		0.65	0.71	0.47	0.66	0.68	0.74	0.72	0.66	0.7	0.74	0.68	0.71	0.65	0.7	0.66	0.66
Cash	0.96	0.97	0.67	0.94	0.31	0.97	0.64	0.96	-0.69	0.65		0.96	0.63	1.0	0.96	0.93	0.58	0.5	0.96	0.8	0.74	0.97	0.92	0.99	0.92	0.91
Non Current Assets Total	1.0	1.0	0.65	0.95	0.42	0.99	0.7	1.0	-0.72	0.71	0.96		0.68	0.96	0.98	0.99	0.63	0.55	1.0	0.82	0.8	1.0	0.95	0.98	0.92	0.97
Non Currrent Assets Other	0.68	0.65	0.04	0.63	0.1	0.69	0.07	0.64	-0.93	0.47	0.63	0.68		0.63	0.71	0.73	0.35	0.24	0.64	0.54	0.48	0.65	0.81	0.66	0.68	0.54
Cash And Short Term Investments	0.96	0.97	0.67	0.94	0.31	0.97	0.64	0.96	-0.69	0.66	1.0	0.96	0.63		0.96	0.93	0.58	0.5	0.96	0.8	0.74	0.97	0.92	0.99	0.91	0.91
Net Receivables	0.98	0.98	0.59	0.94	0.3	0.98	0.68	0.98	-0.74	0.68	0.96	0.98	0.71	0.96		0.98	0.55	0.46	0.98	0.8	0.74	0.98	0.96	0.98	0.91	0.93
Good Will	0.99	0.98	0.57	0.95	0.35	0.98	0.7	0.98	-0.76	0.74	0.93	0.99	0.73	0.93	0.98		0.6	0.51	0.98	0.8	0.75	0.98	0.96	0.96	0.93	0.93
Common Stock Total Equity	0.63	0.61	0.58	0.53	0.74	0.59	0.47	0.61	-0.53	0.72	0.58	0.63	0.35	0.58	0.55	0.6		0.98	0.62	0.73	0.84	0.61	0.53	0.63	0.46	0.67
Common Stock Shares Outstanding	0.55	0.52	0.61	0.45	0.78	0.51	0.44	0.53	-0.42	0.66	0.5	0.55	0.24	0.5	0.46	0.51	0.98		0.54	0.68	0.78	0.53	0.43	0.56	0.37	0.61
Non Current Liabilities Total	1.0	1.0	0.64	0.94	0.38	0.99	0.71	1.0	-0.7	0.7	0.96	1.0	0.64	0.96	0.98	0.98	0.62	0.54		0.8	0.77	1.0	0.95	0.98	0.9	0.96
Other Current Assets	0.82	0.79	0.58	0.8	0.55	0.78	0.6	0.79	-0.65	0.74	0.8	0.82	0.54	0.8	0.8	0.8	0.73	0.68	0.8		0.73	0.81	0.77	0.86	0.75	0.84
Other Stockholder Equity	0.8	0.76	0.74	0.71	0.75	0.75	0.59	0.76	-0.53	0.68	0.74	0.8	0.48	0.74	0.74	0.75	0.84	0.78	0.77	0.73		0.77	0.67	0.78	0.65	0.85
Total Liab	1.0	1.0	0.65	0.96	0.37	0.99	0.72	1.0	-0.7	0.71	0.97	1.0	0.65	0.97	0.98	0.98	0.61	0.53	1.0	0.81	0.77		0.95	0.98	0.92	0.96
Property Plant And Equipment Gross	0.95	0.95	0.41	0.9	0.23	0.97	0.54	0.95	-0.86	0.65	0.92	0.95	0.81	0.92	0.96	0.96	0.53	0.43	0.95	0.77	0.67	0.95		0.94	0.9	0.87
Total Current Assets	0.98	0.98	0.67	0.95	0.39	0.97	0.66	0.97	-0.72	0.7	0.99	0.98	0.66	0.99	0.98	0.96	0.63	0.56	0.98	0.86	0.78	0.98	0.94		0.92	0.95
Short Term Debt	0.92	0.92	0.58	0.99	0.2	0.93	0.65	0.92	-0.66	0.66	0.92	0.92	0.68	0.91	0.91	0.93	0.46	0.37	0.9	0.75	0.65	0.92	0.9	0.92		0.85
Intangible Assets	0.97	0.96	0.75	0.91	0.57	0.94	0.75	0.96	-0.58	0.66	0.91	0.97	0.54	0.91	0.93	0.93	0.67	0.61	0.96	0.84	0.85	0.96	0.87	0.95	0.85

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American Tower Account Relationship Matchups

American Tower fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	42.8B	47.2B	69.9B	67.2B	66.0B	69.3B
Short Long Term Debt Total	31.1B	36.7B	52.0B	47.1B	47.2B	49.5B
Other Current Liab	1.6B	1.6B	2.0B	2.1B	668.1M	623.5M
Total Current Liabilities	5.5B	3.7B	9.1B	8.3B	7.2B	7.6B
Total Stockholder Equity	5.1B	4.1B	5.1B	5.6B	4.2B	4.0B
Property Plant And Equipment Net	19.4B	20.6B	29.0B	28.9B	28.7B	30.1B
Current Deferred Revenue	294.3M	390.6M	1.2B	439.7M	434.7M	229.8M
Net Debt	29.6B	35.0B	50.1B	45.0B	45.2B	47.4B
Retained Earnings	(1.0B)	(1.3B)	(1.1B)	(2.1B)	(3.6B)	(3.5B)
Accounts Payable	148.1M	139.1M	272.4M	218.6M	258.7M	153.2M
Cash	1.5B	1.7B	1.9B	2.0B	2.0B	2.1B
Non Current Assets Total	40.2B	44.3B	66.2B	63.6B	62.3B	65.4B
Non Currrent Assets Other	406.4M	400.1M	400.9M	3.6B	4.3B	4.5B
Cash And Short Term Investments	1.5B	1.7B	1.9B	2.0B	2.0B	2.1B
Net Receivables	462.2M	754.8M	1.1B	1.0B	1.1B	1.1B
Good Will	6.2B	7.3B	13.4B	13.0B	12.6B	13.3B
Common Stock Shares Outstanding	445.5M	446.1M	453.3M	462.8M	467.2M	377.3M
Liabilities And Stockholders Equity	42.8B	47.2B	69.9B	67.2B	66.0B	69.3B
Non Current Liabilities Total	30.7B	38.8B	51.8B	46.5B	47.9B	50.3B
Other Current Assets	513.6M	404.5M	697.1M	468.2M	664M	697.2M
Other Stockholder Equity	8.9B	9.2B	11.0B	13.4B	13.6B	7.1B
Total Liab	36.2B	42.5B	60.8B	54.8B	55.2B	57.9B
Property Plant And Equipment Gross	19.4B	20.6B	29.0B	28.9B	39.8B	41.8B
Total Current Assets	2.6B	2.9B	3.7B	3.6B	3.7B	3.9B
Accumulated Other Comprehensive Income	(2.8B)	(3.8B)	(4.7B)	(5.7B)	(5.7B)	(5.5B)
Short Term Debt	3.4B	1.3B	5.3B	5.3B	4.8B	5.0B
Intangible Assets	12.3B	13.8B	20.7B	18.0B	16.5B	17.3B
Inventory	76.8M	115.1M	393.4M	112.3M	129.1M	110.0M
Other Liab	3.1B	3.4B	5.0B	4.7B	5.4B	5.7B
Other Assets	2.3B	2.6B	3.1B	3.2B	4.3B	2.3B
Long Term Debt	21.1B	28.5B	38.7B	34.2B	35.7B	37.5B
Treasury Stock	(974M)	(1.2B)	(1.2B)	(1.3B)	(1.2B)	(1.2B)
Property Plant Equipment	19.4B	20.6B	29.0B	28.9B	33.3B	34.9B
Noncontrolling Interest In Consolidated Entity	435M	474.9M	4.0B	6.8B	7.9B	8.3B
Retained Earnings Total Equity	(1.0B)	(1.3B)	(1.1B)	(2.1B)	(1.9B)	(1.8B)

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