AMERICAN TOWER CORP /MA/

Real Estate Investment Trusts·BOSTON, MA·FY end 12/31·CIK 1053507

CEO Pay Ratio

2,025:1

Steven O. Vondran

CEO Total Comp

$14.9M

Steven O. Vondran

Median Employee

$90,534

Revenue

$10.6B

FY 2025

Net Income

—

FY 2025

Free Cash Flow

$3.8B

FY 2025

Net Margin

—

Insider Net (180d)

-$14.9M

1 buys / 12 sales

CEO Pay Accountability

CEO comp as % of net income

—

Not enough data to compute.

CEO comp as % of buybacks

4.07%

CEO comp equals 40.7‰ of cash returned to shareholders via buybacks.

5-year history · USD

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	Trend
Revenue	$10.6B	$2.5B	$11.1B	$10.7B	$9.4B
Gross Profit	—	—	—	—	—	—
Operating Income	$4.8B	$1.1B	$3.0B	$2.4B	$3.1B
Net Income	—	—	—	—	—	—
Operating CF	$5.5B	$5.3B	$4.7B	$3.7B	$4.8B
Capex	$1.7B	$1.6B	$1.8B	$1.9B	$1.4B
Free Cash Flow	$3.8B	$3.7B	$2.9B	$1.8B	$3.4B
Buybacks	$364.6M	$0	$0	$18.8M	$0
Dividends	$3.2B	$3.0B	$2.9B	$2.6B	$2.3B

Gross Margin	—	—	—	—	—	—
Operating Margin	45.5%	42.4%	27.1%	22.0%	33.5%
Net Margin	—	—	—	—	—	—
FCF Margin	35.5%	145.3%	26.2%	17.0%	36.8%
R&D / Revenue	—	—	—	—	—	—
Effective Tax	13.7%	10.1%	10.1%	1.4%	9.3%
Debt / Equity	—	—	—	6.98	8.56
Buybacks / FCF	9.6%	0.0%	0.0%	1.0%	0.0%

FY 2025

Executive	Salary	Stock	Options	Bonus / Inc.	Other	Total
Steven O. VondranPresident and CEO	$1.0M	$11.5M	—	$2.3M	$45.8K	$14.9M
Olivier PuechExecutive Vice President and President, International	$640.3K	$4.7M	—	$912.5K	$256.2K	$6.5M
Rodney M. SmithExecutive Vice President, Chief Financial Officer and Treasurer	$660.0K	$4.7M	—	$940.5K	$46.8K	$6.3M