American Tower — Apr 29, 2025 release
Fiscal 2025 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001053507-25-000100
Showing in the filing
Straight-line revenue (U.S. & Canada Property)
“28”
Period
FY2025
Measure
GAAP-tied
Source
Guidance table
All guidance in this release · 31
Total property revenue for FY2025
“$9,970 to $10,120”
Net income for FY2025
“2,740 to 2,840”
Net income attributable to AMT common stockh… for FY2025
“2,775 to 2,875”
Adjusted EBITDA for FY2025
“6,885 to 6,955”
AFFO attributable to AMT common stockholders for FY2025
“4,850 to 4,940”
AFFO attributable to AMT common stockholders… for FY2025
“$10.35 to $10.54”
U.S. & Canada segment property revenue for FY2025
“$5,190 million to $5,250 million”
International property revenue for FY2025
“$3,755 million to $3,825 million”
Data Centers segment property revenue for FY2025
“$1,025 million to $1,045 million”
International pass-through revenue (Internat… for FY2025
“$1,034”
Straight-line revenue (U.S. & Canada Property) for FY2025
“28”
Straight-line revenue - International Property for FY2025
“23”
Total Tenant Billings Growth - U.S. & Canada… for FY2025
“≥4.3%”
Organic Tenant Billings - International Prop… for FY2025
“~6%”
Organic Tenant Billings - Total Property for FY2025
“~5%”
New Site Tenant Billings - U.S. & Canada Pro… for FY2025
“~0%”
New Site Tenant Billings - International Pro… for FY2025
“~1%”
New Site Tenant Billings - Total Property for FY2025
“~0.5%”
Total Tenant Billings Growth (International … for FY2025
“~7%”
Total Tenant Billings Growth (Total Property) for FY2025
“~5.5%”
Discretionary capital projects for FY2025
“$880 to $910”
Ground lease purchases for FY2025
“190 to 210”
Start-up capital projects for FY2025
“50 to 70”
Redevelopment for FY2025
“360 to 390”
Capital improvement for FY2025
“145 to 155”
Corporate for FY2025
“10”
Corporate (capital expenditures) for FY2025
“10 — 10”
Total (Capital Expenditures) for FY2025
“$1,635 to $1,745”
Construction of communications sites (within… for FY2025
“1,950 to 2,550”
Data Centers segment development spend (with… for FY2025
“$610 million”
Straight-line revenue (Total Property) for FY2025
“61”
Exhibit 99.1 · the passage around this item
… earlier in the release
2025 Outlook for Total Property revenue, at the midpoint, includes the following components (1) : ($ in millions, totals may not add due to rounding.) U.S. & Canada Property (2) International Property (3) Data Centers Property (4) Total Property International pass-through revenue N/A $ 1,034 N/A $ 1,034 Straight-line revenue 28 23 10 61 _______________ (1) For additional discussion regarding these components, please refer to “Revenue Components” below. (2) U.S. & Canada property revenue includes revenue from all assets in the United States and Canada, other than data center facilities and related assets. (3) International property revenue reflects the Company’s Africa & APAC, Europe and Latin America segments. (4) Data Centers property revenue reflects revenue from the Company’s data center facilities and related assets. 2025 Outlook for Total Tenant Billings Growth, at the midpoint, includes the following components (1) : (Totals may not add due to rounding.) U.S. & Canada Property International Property (2) Total Property Organic Tenant Billings ≥4.3% ~6% ~5% New Site Tenant Billings ~0% ~1% ~0.5% Total Tenant Billings Growth ≥4.3% ~7% ~5.5% _______________ (1) For additional discussion regarding the component growth rates, please refer to “Revenue Components” below. Tenant Billings Growth is not applicable to the Data Centers segment. For additional details related to the Data Centers segment, please refer to the supplemental disclosure package available on the Company’s website. (2) International
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.