American Tower — Oct 29, 2024 release
Fiscal 2024 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001053507-24-000128
Showing in the filing
International pass-through revenue - International Property
“$1,027”
Period
FY2024
Measure
GAAP-tied
Source
Guidance table
All guidance in this release · 33
Total property revenue for FY2024
“$9,890 to $9,980”
Net income for FY2024
“1,992 to 2,072”
Net income attributable to AMT common stockh… for FY2024
“1,952 to 2,032”
Adjusted EBITDA for FY2024
“6,770 to 6,850”
AFFO attributable to AMT common stockholders for FY2024
“4,890 to 4,970”
AFFO attributable to AMT common stockholders… for FY2024
“$10.45 to $10.62”
AFFO attributable to AMT common stockholders… for FY2024
“4,616 to 4,696”
AFFO attributable to AMT common stockholders… for FY2024
“$9.86 to $10.03”
U.S. & Canada segment property revenue (comp… for FY2024
“$5,245 million to $5,255 million”
International property revenue (component of… for FY2024
“$3,725 million to $3,795 million”
Data Centers segment property revenue (compo… for FY2024
“$920 million to $930 million”
International pass-through revenue - Interna… for FY2024
“$1,027”
Straight-line revenue - U.S. & Canada Property for FY2024
“232”
Straight-line revenue - International Property for FY2024
“33”
Total Tenant Billings Growth - U.S. & Canada… for FY2024
“~4.7%”
Organic Tenant Billings - International Prop… for FY2024
“~6%”
Total Tenant Billings Growth - Total Property for FY2024
“~6%”
Organic Tenant Billings - Total Property for FY2024
“~5%”
New Site Tenant Billings - U.S. & Canada Pro… for FY2024
“~0%”
New Site Tenant Billings - International Pro… for FY2024
“>2%”
New Site Tenant Billings - Total Property for FY2024
“~1%”
Total Tenant Billings Growth - International… for FY2024
“>8%”
Discretionary capital projects for FY2024
“$780 to $810”
Ground lease purchases for FY2024
“125 to 145”
Start-up capital projects for FY2024
“65 to 85”
Redevelopment for FY2024
“365 to 395”
Capital improvement for FY2024
“155 to 165”
Corporate for FY2024
“10”
Corporate (capital expenditures) for FY2024
“10 — 10”
Total (Capital Expenditures) for FY2024
“$1,500 to $1,610”
Discretionary capital projects - constructio… for FY2024
“construction of 1,800 to 2,600 communications sites globally”
Discretionary capital projects - Data Center… for FY2024
“$480 million of development spend in the Company’s Data Centers segment”
Straight-line revenue - Total Property for FY2024
“275”
Exhibit 99.1 · the passage around this item
… earlier in the release
2024 Outlook for Total Property revenue, at the midpoint, includes the following components (1)(2) : ($ in millions, totals may not add due to rounding.) U.S. & Canada Property (3) International Property (4) Data Centers Property (5) Total Property International pass-through revenue N/A $ 1,027 N/A $ 1,027 Straight-line revenue 232 33 10 275 _______________ (1) Excludes the operating results of ATC TIPL, which are reported as discontinued operations. (2) For additional discussion regarding these components, please refer to “Revenue Components” below. (3) U.S. & Canada property revenue includes revenue from all assets in the United States and Canada, other than data center facilities and related assets. (4) International property revenue reflects the Company’s Africa, Asia-Pacific, Europe and Latin America segments. (5) Data Centers property revenue reflects revenue from the Company’s data center facilities and related assets. 2024 Outlook for Total Tenant Billings Growth, at the midpoint, includes the following components (1)(2) : (Totals may not add due to rounding.) U.S. & Canada Property International Property (3) Total Property Organic Tenant Billings ~4.7% ~6% ~5% New Site Tenant Billings ~0% >2% ~1% Total Tenant Billings Growth ~4.7% >8% ~6% _______________ (1) Excludes the operating results of ATC TIPL, which are reported as discontinued operations. (2) For additional discussion regarding the component growth rates, please refer to “Revenue Components” bel
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.