American Tower reports higher Q2 results and raises 2026 outlook
Filed with the SEC on · Summarized by InvestorsBot
American Tower’s second-quarter 2026 revenue rose 4.7% to $2.75 billion, while AFFO attributable to common stockholders increased 3.8% to $1.26 billion, or $2.71 per share, for the quarter ended June 30. The company raised its full-year 2026 outlook, targeting midpoint AFFO of $5.18 billion, or $11.09 per share, and midpoint Adjusted EBITDA of $7.28 billion; net income growth was significantly affected by foreign-currency gains. As of June 30, American Tower reported $35.4 billion of net debt, equal to a 4.9x net leverage ratio, and declared a quarterly distribution of $1.79 per share.