AMT American Tower Corporation (REIT) Common Stock
$174.65
Price · Aug 19, 2026
Fundamentals as of Jul 28, 2026
52W Range
$160–$215
27% of range
Analyst Rating
BUY
29 analysts
Price Target
$215
+23% upside
P/E (TTM)
33.3
ROE
74.7%
Net Profit Margin
24.7%
About American Tower Corporation (REIT) Common Stock Company overview from Wikipedia
American Tower Corporation is an American real estate investment trust which owns, develops and operates wireless and broadcast communications infrastructure in several countries. It is headquartered in Boston, Massachusetts.
Read more
American Tower Corporation (also referred to as American Tower or ATC) is an American real estate investment trust which owns, develops and operates wireless and broadcast communications infrastructure in several countries. It is headquartered in Boston, Massachusetts.
As of December 31, 2025, the company owns 149,686 communications sites, including 42,224 sites in the U.S. and Canada, 27,857 sites in Asia-Pacific and Africa, 32,524 sites in Europe, and 47,081 sites in Latin America.
## History
The company was formed in 1995 as a unit of American Radio Systems. In 1998, American Radio Systems merged with CBS Corporation and spun off of American Tower. Its first CEO was Steven B. Dodge, remaining in the position until resigning in 2004. Following the merger, American Tower began international expansion by establishing operations in Mexico, in 1998, then in Brazil, in 1999.
Around 2000, the company began purchasing numerous AT&T Long Lines microwave telephone relay towers from the since defunct AT&T Communications, and repurposing them as cell towers. American Tower also leased antenna space to various U.S. cell phone providers and to private industries. Most of the former AT&T Long Lines sites had their horn antennas removed, either by helicopter or by crane, to make room for more antennas. Since AT&T's Long Lines Program was decommissioned in the 1980s, and the company no longer had any use for the towers themselves, American Tower now owns most of these tower structures across the U.S., totaling 42,965 in 2022.
In 2004 James D. Taiclet was named CEO and held the title until 2020. In 2005, American Tower acquired SpectraSite Communications, expanding its global portfolio to over 22,000 owned communications sites, including over 21,000 wireless towers, 400 broadcast towers and 100 in-building DAS (Distributed Antenna System) sites. The merger helped establish the company as one of the largest tower owners and operators in North America.
Between 2007 and 2012, the company expanded internationally with operations in India, Peru, Chile, Colombia, South Africa, Ghana, and Uganda. In 2013, the company acquired Global Tower Partners for $4.8 billion. This acquisition added sites to the U.S. portfolio and added operations in Costa Rica and Panama.
In 2020, Tom Bartlett was named president and CEO after Taiclet left to become the CEO of Lockheed Martin. In 2021, the company agreed to acquire the European and Latin American tower divisions of Telxius from parent company Telefonica, comprising approximately 31,000 communications sites in Spain, Germany, Argentina, Brazil, Chile, and Peru, for $9.6 billion. Later in 2021, American Tower acquired CoreSite for $10.4 billion, with its carrier-neutral data center facilities in the U.S., to strengthen its position in 5G.
In early 2023, the company announced plans to erect 4,000 new towers worldwide, mainly in Africa, India and Latin America. Soon after, it divested from fiber optics in Mexico, selling subsidiary ATC Fibra México to Flō Network. Bartlett retired as president, CEO, and a director of the company on February 1, 2024, and was succeeded by Steven Vondran. American Tower divested from its largest international market, after 17 years, selling its ATC India operation to Brookfield Asset Management via Data Infrastructure Trust in September 2024, for $2.5 billion. In 2025, American Tower topped the list of the "Top 100 Tower Companies in the U.S." and is ranked 363rd on the Fortune 500.
Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗
AMT Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
Price
$174.65
Market Cap
$83.84B
P/E (TTM)
33.3
EPS (TTM)
$5.40
Revenue (TTM)
$10.64B
Div Yield
3.8%
ROE
74.7%
Debt/Equity
0.9
52W Range
$160 – $215
AMT Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
Configure
10-Year Performance Revenue, net income, margins and EPS trends
Revenue & Net Income
$10.64B
2023-12-31
→
2025-12-31
EPS
$5.40
2023-12-31
→
2025-12-31
Free Cash Flow
$3.78B
2023-12-31
→
2025-12-31
Margins
24.7%
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Metric
5Y trend
AMT
Peer Median
P/E (TTM)
33.3
26.9
P/S (TTM)
7.9
7.2
P/B
23.0
22.6
EV / EBITDA
12.5
—
Price / FCF
22.2
—
Profitability Gross, operating and net margins; ROE, ROA, ROIC
Metric
5Y trend
AMT
Peer Median
Operating Margin
45.5%
—
Net Profit Margin
24.7%
26.8%
ROA
4.2%
4.6%
ROE
74.7%
21.0%
ROIC
59.4%
—
Financial Health Debt, liquidity, solvency — balance sheet strength
Metric
5Y trend
AMT
Peer Median
Debt / Equity
0.9
—
Current Ratio
0.4
0.3
Quick Ratio
0.3
—
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Metric
5Y trend
AMT
Peer Median
Revenue YoY
5.1%
—
Revenue CAGR 3Y
3.3%
—
Revenue CAGR 5Y
5.8%
—
EPS YoY
12.0%
—
Net Income YoY
15.3%
—
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
Metric
5Y trend
AMT
Peer Median
Payout Ratio
121.0%
—
Dividends Yield, payout ratio, dividend history, 5Y CAGR
Dividend Yield
3.8%
Payout Ratio
121.0%
5Y Div CAGR
—
| Ex-date | Amount |
|---|---|
| June 12, 2026 | $1.7900 |
| April 14, 2026 | $1.7900 |
| Dec. 29, 2025 | $1.7000 |
| Sept. 30, 2025 | $1.7000 |
| June 13, 2025 | $1.7000 |
| April 11, 2025 | $1.7000 |
| Dec. 27, 2024 | $1.6200 |
| Oct. 9, 2024 | $1.6200 |
| June 14, 2024 | $1.6200 |
| April 11, 2024 | $1.6200 |
| Dec. 27, 2023 | $1.7000 |
| Oct. 10, 2023 | $1.6200 |
| June 15, 2023 | $1.5700 |
| April 13, 2023 | $1.5600 |
| Dec. 27, 2022 | $1.5600 |
| Oct. 7, 2022 | $1.4700 |
| June 16, 2022 | $1.4300 |
| April 12, 2022 | $1.4000 |
| Dec. 23, 2021 | $1.3900 |
| Sept. 27, 2021 | $1.3100 |
AMT Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
BUY
29 analysts
- Strong Buy 8 27.6%
- Buy 16 55.2%
- Hold 5 17.2%
- Sell 0 0.0%
- Strong Sell 0 0.0%
12-Month Price Target
23 analysts · 2026-08-18
Median
$210.00
← Below all targets
$174.65
Low
$188.00
High
$260.00
Median target
$210.00
+20.2%
Mean target
$215.43
+23.4%
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
Avg Surprise
-0.09%
| Period | EPS Actual | EPS Est | Surprise |
|---|---|---|---|
| June 30, 2026 | $1.87 | $1.58 | 0.29% |
| March 31, 2026 | $1.84 | $1.62 | 0.22% |
| Dec. 31, 2025 | $1.75 | $1.49 | 0.26% |
| Sept. 30, 2025 | $1.82 | $1.66 | 0.16% |
| June 30, 2025 | $0.78 | $1.68 | -0.90% |
| March 31, 2025 | $1.04 | $1.62 | -0.58% |
Peer comparison (GICS sub-industry) Key metrics vs sector peers
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| AMT | $81.87B | 32.5 | 5.1% | 24.7% | 74.7% | — |
| CCI | $38.66B | 88.0 | -4.4% | 10.4% | -29.4% | — |
| SBAC | $20.44B | 19.7 | 5.1% | 37.4% | -21.5% | 75.5% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement 15
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $10.64B | $10.13B | $10.01B | $9.65B | $9.36B | $8.04B | $7.58B | $7.44B | $6.66B | $5.79B | $4.77B | $4.10B | |
| Cost of Revenue | · | · | · | · | · | · | $43M | $49M | $35M | $28M | $33M | $38M | |
| SG&A Expense | $941M | $933M | $946M | $902M | $812M | $779M | $730M | $733M | $637M | $543M | $498M | $447M | |
| Operating Expenses | $5.80B | $5.61B | $6.89B | $6.91B | $6.22B | $5.15B | $4.89B | $5.54B | $4.67B | $3.93B | $3.16B | $2.61B | |
| Operating Income | $4.85B | $4.52B | $3.13B | $2.74B | $3.13B | $2.89B | $2.69B | $1.91B | $2.00B | $1.85B | $1.61B | $1.49B | |
| Interest Expense | · | · | $1.40B | $1.14B | $871M | $794M | $814M | $826M | $750M | · | · | $580M | |
| Other Non-op | $-576M | $378M | $-326M | $435M | $566M | $-241M | $18M | $24M | $31M | $-48M | $-135M | $-62M | |
| Pretax Income | $3.04B | $3.62B | $1.53B | $2.09B | $2.83B | $1.82B | $1.92B | $1.15B | $1.26B | $1.13B | $830M | $866M | |
| Income Tax | $416M | $366M | $91M | $113M | $262M | $130M | $-200.0K | $-110M | $31M | $156M | $158M | $63M | |
| Net Income | $2.63B | $2.28B | $1.37B | $1.70B | $2.57B | $1.69B | $1.92B | $1.24B | $1.24B | $956M | $685M | $825M | |
| EPS (Basic) | $5.41 | $4.83 | $3.18 | $3.83 | $5.69 | $3.81 | $4.27 | $2.79 | $2.69 | $2.00 | $1.42 | $2.02 | |
| EPS (Diluted) | $5.40 | $4.82 | $3.18 | $3.82 | $5.66 | $3.79 | $4.24 | $2.77 | $2.67 | $1.98 | $1.41 | $2.00 | |
| Shares (Basic) | 467,922,000 | 467,011,000 | 466,063,000 | 461,519,000 | 451,498,000 | 443,640,000 | 442,319,000 | 439,606,000 | 428,181,000 | 425,143,000 | 418,907,000 | 395,958,000 | |
| Shares (Diluted) | 468,757,000 | 468,120,000 | 467,162,000 | 462,750,000 | 453,294,000 | 446,104,000 | 445,520,000 | 442,960,000 | 431,688,000 | 429,283,000 | 423,015,000 | 400,086,000 | |
| EBITDA | $6.89B | $6.55B | $6.11B | $5.71B | $5.46B | $4.77B | $4.47B | $4.02B | $3.71B | $3.38B | $2.90B | $2.49B |
Balance Sheet 29
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.47B | $2.00B | $1.75B | $1.55B | $1.95B | $1.75B | $1.50B | $1.21B | $802M | $787M | $321M | $313M | |
| Short-term Investments | · | · | · | · | · | · | · | $0 | $1M | $4M | $0 | $6M | |
| Receivables | $650M | $540M | $548M | $758M | $729M | $512M | $462M | $459M | $514M | $308M | $227M | $199M | |
| Prepaid Expense | $486M | $531M | $560M | $723M | $657M | $533M | $514M | $621M | $569M | $441M | $306M | $265M | |
| Current Assets | $2.74B | $3.18B | $3.71B | $3.62B | $3.73B | $2.91B | $2.55B | $2.39B | $2.04B | $1.69B | $996M | $958M | |
| PP&E (Net) | · | · | · | · | · | · | · | $11.25B | $11.10B | $10.52B | $9.87B | $7.59B | |
| PP&E (Gross) | · | · | · | · | · | · | · | $17.72B | $16.95B | $15.65B | $14.40B | $11.66B | |
| Accum. Depreciation | · | · | · | · | · | · | · | $6.47B | $5.85B | $5.13B | $4.53B | $4.07B | |
| Goodwill | $12.26B | $11.77B | $12.08B | $12.08B | $13.35B | $7.28B | $6.18B | $5.50B | $5.64B | $5.07B | $4.09B | $4.03B | |
| Intangibles | $14.53B | $14.47B | $15.93B | $17.98B | $20.73B | $13.84B | $12.32B | $11.17B | $11.78B | $11.27B | $9.84B | $6.82B | |
| Other Non-current Assets | $877M | $677M | $755M | $547M | $401M | $400M | $406M | $963M | $950M | $842M | $733M | $575M | |
| Total Assets | $63.19B | $61.08B | $66.03B | $67.19B | $69.89B | $47.23B | $42.80B | $33.01B | $33.21B | $30.88B | $26.90B | $21.26B | |
| Accounts Payable | $260M | $241M | $251M | $219M | $272M | $139M | $148M | $131M | $143M | $119M | $97M | $90M | |
| Accrued Liabilities | $1.11B | $1.08B | $1.05B | $1.34B | $1.41B | $1.04B | $958M | $948M | $854M | $620M | $516M | $418M | |
| Current Liabilities | $6.91B | $7.08B | $7.25B | $8.31B | $9.07B | $3.66B | $5.49B | $4.69B | $2.51B | $1.63B | $1.20B | $1.93B | |
| Capital Leases | $7.16B | $6.88B | $6.82B | $7.59B | $8.04B | $6.88B | $6.51B | $0 | · | · | · | · | |
| Deferred Tax | $1.44B | $1.26B | $1.31B | $1.49B | $1.83B | $860M | $768M | $536M | $898M | $778M | $106M | · | |
| Other Non-current Liabilities | $977M | $1.01B | $1.15B | $1.19B | $1.19B | $985M | $937M | $1.27B | $1.24B | $1.14B | $959M | $1.03B | |
| Total Liabilities | $52.84B | $51.43B | $55.16B | $54.79B | $60.82B | $42.45B | $36.21B | $26.11B | $25.26B | $22.81B | $20.19B | $17.21B | |
| Long-term Debt | · | · | · | $38.90B | $43.50B | · | $2M | · | $20.21B | $18.53B | $17.12B | $14.61B | |
| Total Debt | $3.39B | $3.69B | $3.19B | $4.51B | $4.57B | $790M | $2.93B | · | · | $18.53B | $17.12B | $14.61B | |
| Common Stock | $5M | $5M | $5M | $5M | $5M | $5M | $4M | $4M | $4M | $4M | $4M | $4M | |
| Paid-in Capital | $15.22B | $15.06B | $14.87B | $14.69B | $12.24B | $10.47B | $10.12B | $10.38B | $10.25B | $10.04B | $9.69B | $5.79B | |
| Retained Earnings | $-5.09B | $-4.42B | $-3.64B | $-2.10B | $-1.14B | $-1.34B | $-1.02B | $-1.20B | $-1.06B | $-1.08B | $-999M | $-837M | |
| Treasury Stock | $1.67B | $1.30B | $1.30B | $1.30B | $1.28B | $1.28B | $1.23B | $1.21B | $974M | $208M | $208M | $208M | |
| AOCI | $-4.82B | $-5.95B | $-5.74B | $-5.72B | $-4.74B | $-3.76B | $-2.82B | $-2.64B | $-1.98B | $-2.00B | $-1.84B | $-794M | |
| Stockholders' Equity | $3.65B | $3.38B | $4.20B | $5.57B | $5.08B | $4.09B | $5.06B | $5.34B | $6.24B | $6.76B | $6.65B | $3.95B | |
| Liabilities + Equity | $63.19B | $61.08B | $66.03B | $67.19B | $69.89B | $47.23B | $42.80B | $33.01B | $33.21B | $30.88B | $26.90B | $21.26B | |
| Shares Outstanding | 466,318,000 | 478,388,000 | 477,300,000 | 476,623,000 | 466,687,000 | 455,245,000 | 453,541,000 | 441,060,000 | 428,820,000 | 427,103,000 | 423,885,253 | 396,698,725 |
Cash Flow 18
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $2.04B | $2.03B | $2.93B | $3.16B | $2.33B | $1.88B | $1.78B | $2.11B | $1.72B | $1.53B | $1.29B | $1.00B | |
| Stock-based Comp | $174M | $204M | $196M | $169M | $120M | $121M | $111M | $138M | $108M | $90M | $90M | $80M | |
| Amort. of Intangibles | $880M | $892M | $1.40B | $1.60B | $1.20B | $900M | $791M | $1.14B | $786M | $700M | $568M | $412M | |
| Other Non-cash | $620M | $778M | $73M | $-1.52B | $-200M | $188M | $-25M | $264M | $-138M | $132M | $122M | $226M | |
| Operating Cash Flow | $5.46B | $5.29B | $4.72B | $3.70B | $4.82B | $3.88B | $3.75B | $3.75B | $2.93B | $2.70B | $2.17B | $2.13B | |
| CapEx | $1.68B | $1.59B | $1.80B | $1.87B | $1.38B | $1.03B | $991M | $913M | $804M | $682M | $729M | $974M | |
| Investing Cash Flow | $-1.86B | $411M | $-1.70B | $-2.36B | $-20.69B | $-4.78B | $-3.99B | $-2.75B | $-2.80B | $-2.10B | · | · | |
| Debt Issued | · | · | · | · | · | · | · | · | $0 | $0 | $54M | $102M | |
| Net Debt Issued | · | · | · | · | · | · | · | · | $0 | $0 | $55M | $102M | |
| Stock Issued | · | $0 | $0 | $2.29B | $2.36B | $0 | $0 | · | $0 | $0 | $2.44B | $0 | |
| Stock Repurchased | $365M | $0 | $0 | $19M | $0 | $56M | $20M | $233M | $766M | $0 | $0 | $0 | |
| Net Stock Activity | $-365M | $0 | $0 | $2.27B | $2.36B | $-56M | $-20M | $-233M | $-766M | $0 | $2.44B | $0 | |
| Dividends Paid | $3.18B | $3.03B | $3.01B | $2.72B | $2.27B | $1.93B | $1.60B | $1.32B | $1.07B | $886M | $711M | $405M | |
| Financing Cash Flow | $-4.21B | $-5.45B | $-3.10B | $-1.42B | $16.42B | $1.22B | $522M | $-608M | $-113M | $-99M | · | · | |
| Net Change in Cash | $-503M | $15M | $-47M | $-203M | $482M | $283M | $273M | $350M | $18M | $474M | $-11M | $20M | |
| Taxes Paid | $329M | $351M | $306M | $322M | $225M | $146M | $148M | $164M | $136M | $96M | $157M | $69M | |
| Free Cash Flow | $3.78B | $3.70B | $2.92B | $1.82B | $3.44B | $2.85B | $2.76B | $2.84B | $2.12B | $2.02B | $1.45B | $1.16B | |
| Levered FCF | · | · | $1.67B | $702M | $2.65B | $2.11B | $1.95B | · | · | · | · | $622M |
Profitability 7
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | 45.5% | 44.6% | 27.1% | 22.0% | 33.5% | 35.9% | 35.5% | 25.6% | 30.0% | 32.0% | 33.8% | 36.3% | |
| Net Margin | 24.7% | 22.5% | 12.3% | 15.8% | 27.4% | 21.0% | 24.9% | 16.6% | 18.6% | 16.5% | 14.4% | 20.1% | |
| Pretax Margin | 28.6% | 35.8% | 13.7% | 16.1% | 30.2% | 22.7% | 25.3% | 15.5% | 18.9% | 19.5% | 17.4% | 21.1% | |
| EBITDA Margin | 64.7% | 64.6% | 54.8% | 53.3% | 58.4% | 59.3% | 58.9% | 54.0% | 55.7% | 58.4% | 60.7% | 60.8% | |
| ROA | 4.2% | 3.7% | 2.1% | 2.5% | 3.9% | 3.8% | 4.6% | · | · | 3.1% | 2.5% | 3.9% | |
| ROE | 74.7% | 60.2% | 28.0% | 31.9% | 56.0% | 37.0% | 36.3% | · | · | 14.3% | 12.9% | 22.0% | |
| ROIC | 59.4% | 57.4% | 36.8% | 23.0% | 29.4% | 54.9% | 33.7% | · | · | 6.3% | 5.5% | 7.4% |
Liquidity & Solvency 5
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.4 | 0.4 | 0.5 | 0.4 | 0.4 | 0.8 | 0.5 | · | · | 1.0 | 0.8 | 0.5 | |
| Quick Ratio | 0.3 | 0.4 | 0.4 | 0.3 | 0.3 | 0.6 | 0.4 | · | · | 0.7 | 0.5 | 0.3 | |
| Debt / Equity | 0.9 | 1.1 | 0.8 | 0.8 | 0.9 | 0.2 | 0.6 | · | · | 2.7 | 2.6 | 3.7 | |
| LT Debt / Equity | · | · | · | · | · | · | · | · | · | 2.7 | 2.6 | 3.5 | |
| Interest Coverage | · | · | 2.2 | 2.1 | 3.6 | 3.6 | 3.3 | · | · | · | · | 2.6 |
Efficiency 2
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.2 | 0.2 | 0.2 | 0.2 | 0.1 | 0.2 | 0.2 | · | · | 0.2 | 0.2 | 0.2 | |
| Receivables Turnover | 17.9 | 18.6 | 15.6 | 14.4 | 15.1 | 16.5 | 16.5 | · | · | 21.6 | 22.4 | 23.4 |
Growth Rates 10
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | 5.1% | 1.1% | 3.8% | 3.1% | 16.4% | · | · | · | · | · | · | · | |
| Revenue CAGR 3Y | 3.3% | 2.7% | 7.6% | · | · | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 5.8% | · | · | · | · | · | · | · | · | · | · | · | |
| EPS YoY | 12.0% | 51.6% | -16.8% | -32.5% | 49.3% | · | · | · | · | · | · | · | |
| EPS CAGR 3Y | 12.2% | -5.2% | -5.7% | · | · | · | · | · | · | · | · | · | |
| EPS CAGR 5Y | 7.3% | · | · | · | · | · | · | · | · | · | · | · | |
| Net Income YoY | 15.3% | 66.8% | -19.4% | -33.9% | 51.8% | · | · | · | · | · | · | · | |
| Net Income CAGR 3Y | 15.7% | -3.9% | -6.9% | · | · | · | · | · | · | · | · | · | |
| Net Income CAGR 5Y | 9.2% | · | · | · | · | · | · | · | · | · | · | · | |
| Dividend CAGR 5Y | 10.5% | · | · | · | · | · | · | · | · | · | · | · |
Valuation (TTM) 16
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $10.64B | $10.13B | $10.01B | $9.65B | $9.36B | $8.04B | $7.58B | $7.44B | $6.66B | $5.79B | $4.77B | $4.10B | |
| Net Income TTM | $2.63B | $2.28B | $1.37B | $1.70B | $2.57B | $1.69B | $1.92B | $1.24B | $1.24B | $956M | $685M | $825M | |
| Market Cap | $81.87B | $85.72B | $100.66B | $98.65B | $133.31B | $99.73B | $101.78B | · | · | $45.14B | $41.10B | $39.21B | |
| Enterprise Value | $83.78B | $87.42B | $101.88B | $101.13B | $135.93B | $98.78B | $103.21B | · | · | $62.88B | $57.89B | $53.50B | |
| P/E | 32.5 | 38.1 | 67.9 | 55.5 | 51.7 | 59.2 | 54.2 | 57.1 | 53.4 | 53.4 | 68.8 | 49.4 | |
| P/S | 7.7 | 8.5 | 10.1 | 10.2 | 14.2 | 12.4 | 13.4 | · | · | 7.8 | 8.6 | 9.6 | |
| P/B | 22.4 | 25.3 | 24.0 | 17.7 | 26.2 | 24.4 | 20.1 | · | · | 6.7 | 6.2 | 9.9 | |
| P / Cash Flow | 15.0 | 16.2 | 21.3 | 26.7 | 27.7 | 25.7 | 27.1 | · | · | 16.7 | 18.8 | 18.4 | |
| P / FCF | 21.6 | 23.2 | 34.4 | 54.1 | 38.7 | 35.0 | 36.9 | · | · | 22.3 | 28.3 | 33.8 | |
| EV / EBITDA | 12.2 | 13.4 | 16.7 | 17.7 | 24.9 | 20.7 | 23.1 | · | · | 18.6 | 20.0 | 21.5 | |
| EV / FCF | 22.1 | 23.6 | 34.8 | 55.5 | 39.5 | 34.7 | 37.4 | · | · | 31.1 | 39.8 | 46.1 | |
| EV / Revenue | 7.9 | 8.6 | 10.2 | 10.5 | 14.5 | 12.3 | 13.6 | · | · | 10.9 | 12.1 | 13.0 | |
| Dividend Yield | 3.9% | 3.5% | 3.0% | 2.8% | 1.7% | 1.9% | 1.6% | · | · | 2.0% | 1.7% | 1.0% | |
| Earnings Yield | 3.1% | 2.6% | 1.5% | 1.8% | 1.9% | 1.7% | 1.8% | 1.8% | 1.9% | 1.9% | 1.5% | 2.0% | |
| Payout Ratio | 121.0% | 132.8% | 215.7% | 155.0% | 88.4% | 114.1% | 84.9% | 107.0% | 86.6% | 92.7% | 103.8% | 49.0% | |
| Annual Payout | $3.18B | $3.03B | $3.01B | $2.72B | $2.27B | $1.93B | $1.60B | $1.32B | $1.07B | $886M | $711M | $405M |
Income Statement 14
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.75B | $2.74B | $2.74B | $2.72B | $2.63B | $2.56B | $2.55B | $2.52B | $2.54B | $2.51B | $1.95B | $2.52B | $2.51B | $2.52B | $1.64B | $2.67B | |
| SG&A Expense | $234M | $257M | $236M | $233M | $234M | $238M | $243M | $228M | $218M | $244M | $217M | $220M | $244M | $264M | $154M | $231M | |
| Operating Expenses | $1.48B | $1.50B | $1.58B | $1.48B | $1.43B | $1.31B | $1.47B | $1.38B | $1.39B | $1.37B | $1.39B | $1.61B | $1.90B | $1.99B | $1.06B | $2.02B | |
| Operating Income | $1.27B | $1.24B | $1.16B | $1.23B | $1.20B | $1.25B | $1.08B | $1.14B | $1.16B | $1.14B | $563M | $913M | $853M | $747M | $578M | $653M | |
| Interest Expense | · | · | · | · | · | · | · | · | · | $367M | · | $359M | $348M | $340M | · | $294M | |
| Other Non-op | $54M | $90M | $108M | $28M | $-374M | $-338M | $515M | $-270M | $19M | $113M | $-382M | $234M | $-81M | $-98M | $-675M | $478M | |
| Pretax Income | $1.01B | $1.02B | $965M | $950M | $512M | $618M | $1.31B | $550M | $847M | $921M | $-138M | $824M | $475M | $368M | $-393M | $856M | |
| Income Tax | $122M | $140M | $128M | $37M | $131M | $119M | $75M | $122M | $77M | $91M | $-25M | $50M | $13M | $53M | $47M | $36M | |
| Net Income | $888M | $878M | $837M | $913M | $380M | $499M | $1.23B | $-780M | $908M | $922M | $13M | $577M | $462M | $315M | $-717M | $820M | |
| EPS (Basic) | $1.86 | $1.84 | $1.76 | $1.82 | $0.78 | $1.05 | $2.63 | $-1.70 | $1.93 | $1.97 | $0.18 | $1.26 | $1.02 | $0.72 | $-1.49 | $1.80 | |
| EPS (Diluted) | $1.86 | $1.84 | $1.76 | $1.82 | $0.78 | $1.04 | $2.63 | $-1.69 | $1.92 | $1.96 | $0.18 | $1.26 | $1.02 | $0.72 | $-1.49 | $1.80 | |
| Shares (Basic) | 465,938,000 | 466,202,000 | -936,183,000 | 468,287,000 | 468,178,000 | 467,640,000 | -933,742,000 | 467,196,000 | 467,038,000 | 466,519,000 | -931,933,000 | 466,168,000 | 466,087,000 | 465,741,000 | -918,797,000 | 465,594,000 | |
| Shares (Diluted) | 466,265,000 | 466,833,000 | -937,592,000 | 469,039,000 | 468,791,000 | 468,519,000 | -935,582,000 | 468,261,000 | 467,781,000 | 467,660,000 | -933,788,000 | 467,161,000 | 466,979,000 | 466,810,000 | -921,081,000 | 466,801,000 | |
| EBITDA | $1.78B | $1.76B | · | $1.76B | $1.71B | $1.75B | · | $1.64B | $1.85B | $1.79B | · | $659M | $874M | $1.57B | · | $653M |
Balance Sheet 24
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.76B | $1.61B | $1.47B | $1.95B | $2.08B | $2.10B | $2.00B | $2.15B | $2.49B | $2.39B | $1.75B | $2.12B | $2.02B | $1.80B | $1.55B | $2.12B | |
| Receivables | $651M | $719M | $650M | $737M | $772M | $683M | $540M | $538M | $712M | $738M | · | $648M | $684M | $705M | · | $722M | |
| Prepaid Expense | $579M | $500M | $486M | $698M | $620M | $584M | $531M | $580M | $783M | $985M | · | $971M | $848M | $819M | · | $787M | |
| Current Assets | $3.12B | $2.96B | $2.74B | $3.54B | $3.60B | $3.51B | $3.18B | $3.40B | $4.11B | $4.24B | · | $3.85B | $3.68B | $3.45B | · | $3.76B | |
| Goodwill | $12.18B | $12.19B | $12.26B | $12.26B | $12.25B | $11.92B | $11.77B | $12.05B | $12.48B | $12.56B | $12.08B | $12.57B | $13.05B | $13.00B | $12.08B | $12.69B | |
| Intangibles | $13.98B | $14.23B | $14.53B | $14.74B | $14.96B | $14.64B | $14.47B | $15.20B | $15.76B | $16.12B | · | $16.66B | $17.29B | $17.64B | · | $18.32B | |
| Other Non-current Assets | $1.03B | $909M | $877M | $821M | $824M | $692M | $677M | $764M | $753M | $711M | · | $655M | $710M | $670M | · | $493M | |
| Total Assets | $63.30B | $63.23B | $63.19B | $63.89B | $63.75B | $62.06B | $61.08B | $62.82B | $65.84B | $66.68B | · | $65.65B | $66.88B | $66.82B | · | $66.51B | |
| Accounts Payable | $203M | $221M | $260M | $239M | $230M | $200M | $241M | $221M | $206M | $182M | · | $216M | $216M | $206M | · | $212M | |
| Accrued Liabilities | $1.12B | $1.09B | $1.11B | $1.23B | $1.14B | $1.12B | $1.08B | $982M | $1.17B | $1.13B | · | $1.22B | $1.18B | $1.17B | · | $1.20B | |
| Current Liabilities | $8.87B | $9.72B | $6.91B | $5.99B | $5.86B | $6.32B | $7.08B | $7.07B | $6.89B | $6.73B | · | $6.87B | $6.93B | $7.53B | · | $6.62B | |
| Capital Leases | $7.15B | $7.17B | $7.16B | $7.16B | $7.12B | $6.93B | $6.88B | $7.08B | $7.72B | $7.87B | · | $7.44B | $7.59B | $7.58B | · | $7.57B | |
| Deferred Tax | $1.57B | $1.50B | $1.44B | $1.51B | $1.55B | $1.36B | $1.26B | $1.40B | $1.40B | $1.39B | · | $1.42B | $1.49B | $1.51B | · | $1.50B | |
| Other Non-current Liabilities | $967M | $979M | $977M | $1.07B | $1.03B | $1.02B | $1.01B | $1.20B | $1.21B | $1.23B | · | $1.14B | $1.16B | $1.17B | · | $1.18B | |
| Total Liabilities | $53.05B | $53.08B | $52.84B | $53.12B | $53.28B | $52.12B | $51.43B | $52.62B | $55.41B | $56.02B | · | $54.42B | $54.87B | $54.57B | · | $54.19B | |
| Total Debt | $5.23B | $6.12B | · | $2.39B | $2.29B | $2.82B | · | $3.73B | $3.33B | $3.07B | · | $3.16B | $3.21B | $3.86B | · | $3.02B | |
| Common Stock | $5M | $5M | $5M | $5M | $5M | $5M | $5M | $5M | $5M | $5M | · | $5M | $5M | $5M | · | $5M | |
| Paid-in Capital | $15.28B | $15.24B | $15.22B | $15.18B | $15.13B | $15.08B | $15.06B | $15.01B | $14.96B | $14.90B | · | $14.82B | $14.78B | $14.73B | · | $14.65B | |
| Retained Earnings | $-5.03B | $-5.06B | $-5.09B | $-5.11B | $-5.16B | $-4.73B | $-4.42B | $-4.89B | $-3.34B | $-3.48B | · | $-2.93B | $-2.76B | $-2.50B | · | $-689M | |
| Treasury Stock | $1.87B | $1.85B | $1.67B | $1.30B | $1.30B | $1.30B | $1.30B | $1.30B | $1.30B | $1.30B | · | $1.30B | $1.30B | $1.30B | · | $1.28B | |
| AOCI | $-4.66B | $-4.81B | $-4.82B | $-4.82B | $-4.96B | $-5.51B | $-5.95B | $-5.18B | $-6.46B | $-6.08B | · | $-6.07B | $-5.56B | $-5.53B | · | $-6.40B | |
| Stockholders' Equity | $3.72B | $3.52B | $3.65B | $3.95B | $3.71B | $3.53B | $3.38B | $3.64B | $3.86B | $4.05B | · | $4.53B | $5.17B | $5.41B | · | $6.28B | |
| Liabilities + Equity | $63.30B | $63.23B | $63.19B | $63.89B | $63.75B | $62.06B | $61.08B | $62.82B | $65.84B | $66.68B | · | $65.65B | $66.88B | $66.82B | · | $66.51B | |
| Shares Outstanding | 465,959,000 | 465,990,000 | 466,318,000 | 468,291,000 | 468,224,000 | 468,127,000 | 467,384,000 | 467,276,000 | 467,077,000 | 466,964,000 | 477,300,000 | 466,160,000 | 466,134,000 | 466,038,000 | 476,623,000 | 465,602,000 |
Cash Flow 16
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $514M | $518M | $516M | $523M | $510M | $492M | $501M | $498M | $521M | $509M | $647M | $723M | $765M | $794M | $624M | $898M | |
| Stock-based Comp | $34M | $58M | $32M | $42M | $47M | $53M | $42M | $50M | $46M | $65M | $38M | $43M | $49M | $66M | $31M | $39M | |
| Amort. of Intangibles | $216M | $216M | $220M | $226M | $219M | $214M | $217M | $221M | $224M | $229M | $334M | $339M | $358M | $370M | $302M | $378M | |
| Other Non-cash | · | $-54M | · | · | · | $250M | · | · | · | $-252M | · | · | · | $-104M | · | · | |
| Operating Cash Flow | $1.49B | $1.40B | $1.43B | $1.46B | $1.28B | $1.29B | $1.20B | $1.47B | $1.34B | $1.28B | $1.14B | $1.30B | $1.21B | $1.07B | $1.19B | $932M | |
| CapEx | $321M | $450M | $579M | $466M | $305M | $331M | $443M | $425M | $325M | $397M | $525M | $391M | $421M | $462M | $658M | $459M | |
| Investing Cash Flow | $-360M | $-474M | $-468M | $-550M | $-491M | $-350M | $-361M | $1.30B | $-89M | $-436M | $-530M | $-449M | $-440M | $-277M | $-849M | $-603M | |
| Stock Issued | · | · | · | · | · | · | · | · | · | · | · | $0 | · | · | $0 | $0 | |
| Stock Repurchased | $27M | $176M | · | · | $0 | $0 | · | · | · | · | · | · | · | · | · | · | |
| Net Stock Activity | · | $-176M | · | · | · | · | · | · | · | · | · | · | · | · | · | · | |
| Dividends Paid | $834M | $793M | $832M | $796M | $796M | $757M | $721M | $757M | $756M | $793M | $822M | $732M | $727M | $726M | $769M | $666M | |
| Financing Cash Flow | $-972M | $-831M | $-1.44B | $-1.01B | $-907M | $-844M | $-908M | $-3.13B | $-1.03B | $-390M | $-816M | $-708M | $-561M | $-1.01B | $-463M | $-205M | |
| Net Change in Cash | $155M | $133M | $-496M | $-109M | $-30M | $131M | $-174M | $-336M | $102M | $423M | $-138M | $82M | $224M | $-215M | $-109M | $46M | |
| Taxes Paid | $119M | $44M | $157M | $40M | $98M | $33M | $126M | $45M | $113M | $66M | $109M | $66M | $69M | $62M | $78M | $63M | |
| Free Cash Flow | · | $951M | · | · | · | $964M | · | · | · | $887M | · | · | · | $609M | · | · | |
| Levered FCF | · | · | · | · | · | · | · | · | · | $559M | · | · | · | $318M | · | · |
Profitability 7
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | 46.2% | 45.3% | · | 45.4% | 45.6% | 48.9% | · | 45.2% | 44.3% | 43.6% | · | 23.4% | 31.5% | 28.0% | · | 24.4% | |
| Net Margin | 32.3% | 32.1% | · | 33.6% | 14.5% | 19.5% | · | -30.9% | 31.3% | 32.5% | · | 20.5% | 16.7% | 11.4% | · | 31.4% | |
| Pretax Margin | 36.7% | 37.2% | · | 35.0% | 19.5% | 24.1% | · | 21.8% | 35.5% | 36.4% | · | 22.8% | 17.1% | 13.3% | · | 32.0% | |
| EBITDA Margin | 64.9% | 64.2% | · | 64.6% | 65.0% | 68.2% | · | 64.9% | 63.6% | 63.0% | · | 23.4% | 31.5% | 56.7% | · | 24.4% | |
| ROA | 1.4% | 1.4% | · | 1.4% | 0.59% | 0.77% | · | -1.2% | 1.4% | 1.4% | · | 0.87% | 0.68% | 0.46% | · | 1.3% | |
| ROE | 23.9% | 24.9% | · | 24.0% | 10.1% | 13.2% | · | -19.1% | 20.1% | 19.5% | · | 10.7% | 7.6% | 5.9% | · | 14.4% | |
| ROIC | 12.5% | 11.1% | · | 18.7% | 14.8% | 15.9% | · | 12.0% | 15.8% | 15.5% | · | 7.7% | 10.2% | 7.2% | · | 6.7% |
Liquidity & Solvency 4
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.4 | 0.3 | · | 0.6 | 0.6 | 0.6 | · | 0.5 | 0.6 | 0.6 | · | 0.6 | 0.5 | 0.5 | · | 0.6 | |
| Quick Ratio | 0.3 | 0.2 | · | 0.4 | 0.5 | 0.4 | · | 0.4 | 0.5 | 0.5 | · | 0.4 | 0.4 | 0.3 | · | 0.4 | |
| Debt / Equity | 1.4 | 1.7 | · | 0.6 | 0.6 | 0.8 | · | 1.0 | 0.9 | 0.8 | · | 0.7 | 0.6 | 0.7 | · | 0.5 | |
| Interest Coverage | · | · | · | · | · | · | · | · | · | 3.4 | · | 1.8 | 2.5 | 2.3 | · | 2.2 |
Efficiency 2
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.0 | 0.0 | · | 0.0 | 0.0 | 0.0 | · | 0.0 | 0.0 | 0.0 | · | 0.0 | 0.0 | 0.0 | · | 0.0 | |
| Receivables Turnover | 3.9 | 3.9 | · | 4.3 | 3.5 | 3.6 | · | 4.3 | 4.2 | 3.9 | · | 4.1 | 3.8 | 3.6 | · | 3.6 |
Valuation (TTM) 16
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $10.83B | $10.64B | · | $10.45B | $10.26B | $10.18B | · | $10.04B | $10.03B | $10.00B | · | $10.23B | $10.38B | $10.53B | · | · | |
| Net Income TTM | $3.06B | $2.67B | · | $1.01B | $1.01B | $1.55B | · | $1.63B | $2.87B | $2.28B | · | $2.17B | $2.49B | $2.73B | · | · | |
| Market Cap | $76.22B | $80.42B | · | $90.06B | $103.49B | $101.86B | · | $108.67B | $90.79B | $92.27B | · | $76.66B | $90.40B | $95.23B | · | $99.96B | |
| Enterprise Value | $79.68B | $84.93B | · | $90.50B | $103.70B | $102.58B | · | $110.25B | $91.63B | $92.95B | · | $77.70B | $91.59B | $97.28B | · | $100.86B | |
| P/E | 26.0 | 31.5 | · | 30.7 | 80.4 | 55.9 | · | 98.1 | 36.5 | 44.7 | · | 34.3 | 35.3 | 33.9 | · | · | |
| P/S | 7.0 | 7.6 | · | 8.6 | 10.1 | 10.0 | · | 10.8 | 9.0 | 9.2 | · | 7.5 | 8.7 | 9.0 | · | · | |
| P/B | 20.5 | 22.8 | · | 22.8 | 27.9 | 28.8 | · | 29.8 | 23.5 | 22.8 | · | 16.9 | 17.5 | 17.6 | · | 15.9 | |
| P / Cash Flow | · | 57.4 | · | · | · | 78.7 | · | · | · | 71.9 | · | · | · | 89.0 | · | · | |
| P / FCF | · | 84.6 | · | · | · | 105.7 | · | · | · | 104.0 | · | · | · | 156.5 | · | · | |
| EV / EBITDA | 44.7 | 48.3 | · | 51.5 | 60.7 | 58.7 | · | 67.3 | 49.6 | 52.0 | · | 118.0 | 104.8 | 62.0 | · | 154.5 | |
| EV / FCF | · | 89.3 | · | · | · | 106.4 | · | · | · | 104.8 | · | · | · | 159.8 | · | · | |
| EV / Revenue | 7.4 | 8.0 | · | 8.7 | 10.1 | 10.1 | · | 11.0 | 9.1 | 9.3 | · | 7.6 | 8.8 | 9.2 | · | · | |
| Dividend Yield | 4.2% | 3.9% | · | 3.5% | 3.0% | 3.0% | · | 2.8% | 3.3% | 3.3% | · | · | · | · | · | 2.4% | |
| Earnings Yield | 3.9% | 3.2% | · | 3.2% | 1.2% | 1.8% | · | 1.0% | 2.7% | 2.2% | · | 2.9% | 2.8% | 2.9% | · | · | |
| Payout Ratio | 94.0% | 90.3% | · | 87.2% | 209.1% | 151.8% | · | -97.0% | · | 87.0% | · | · | · | 232.9% | · | · | |
| Annual Payout | $3.22B | $3.14B | · | $3.11B | $3.07B | $3.03B | · | $3.06B | $3.04B | $3.01B | · | · | · | · | · | $2.37B |
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
Income Statement
| 2025-12-31 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | |
|---|---|---|---|---|---|
| Revenue | $10.64B | — | — | $10.13B | — |
| Operating Margin % | 45.5% | — | — | 44.6% | — |
| Net Income | $2.63B | — | — | $2.28B | — |
| Diluted EPS | $5.40 | — | — | $4.82 | — |
Balance Sheet
| 2025-12-31 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | |
|---|---|---|---|---|---|
| Debt / Equity | 0.9 | — | — | 1.1 | — |
| Current Ratio | 0.4 | — | — | 0.4 | — |
| Quick Ratio | 0.3 | — | — | 0.4 | — |
Cash Flow
| 2025-12-31 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | |
|---|---|---|---|---|---|
| Free Cash Flow | $3.78B | — | — | $3.70B | — |
Latest News Recent headlines mentioning this company
- American Tower SVP Sells 5,000 Shares for $894,450
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- iShares Russell 1000 Growth ETF Experiences Big Outflow
- Daily Dividend Report: HD,LEG,AMT,BDC,NEE,HOG
- Market Digest: AAPL, AMT, CAKE, FE, KLAC, MGM, MSFT, QCOM, YUM, V, MA
- American Tower (AMT) Reports Q1 AFFO and Revenue Above Estimates
Trading Signals Recent buy/sell signals with entry price and risk/reward ratio
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Institutional owners (13F) 1,948 filers · $44.2B total · As of June 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
Institutional activity — Q2 2026 vs prior quarter
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 174 (-1 vs prior Q) | 142 (+2 vs prior Q) | 692 (-8 vs prior Q) | 630 (-34 vs prior Q) | +79.8M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC | $4,978,706,203 | 30,437,771 | 11.27% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $4,555,720,889 | 27,851,812 | 10.31% | Shares |
| STATE STREET CORP | $3,647,491,340 | 22,066,202 | 8.25% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $2,008,759,903 | 12,307,991 | 4.55% | Shares |
| LAZARD ASSET MANAGEMENT LLC | $1,374,466,115 | 8,402,923 | 3.11% | Shares |
| FMR LLC | $1,213,622,433 | 7,419,591 | 2.75% | Shares |
| Capital World Investors | $1,072,183,521 | 6,554,891 | 2.43% | Shares |
| NORGES BANK | $1,041,398,665 | 6,366,685 | 2.36% | Shares |
| PRINCIPAL FINANCIAL GROUP INC | $908,628,567 | 5,554,983 | 2.06% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $880,338,289 | 5,382,028 | 1.99% | Shares |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $752,948,368 | 4,603,218 | 1.70% | Shares |
| Clearbridge Investments, LLC | $612,179,857 | 3,742,617 | 1.39% | Shares |
| Capital Research Global Investors | $478,039,704 | 2,922,539 | 1.08% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $434,424,745 | 2,655,895 | 0.98% | Shares |
| AMERIPRISE FINANCIAL INC | $402,279,454 | 2,457,621 | 0.91% | Shares |
| MILLENNIUM MANAGEMENT LLC | $358,280,129 | 2,190,378 | 0.81% | Shares |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC | $336,496,204 | 2,057,200 | 0.76% | Shares |
| BlackRock, Inc. | $327,978,133 | 2,005,124 | 0.74% | Shares |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | $306,214,065 | 1,872,067 | 0.69% | Shares |
| ONTARIO TEACHERS PENSION PLAN BOARD | $291,867,274 | 1,784,357 | 0.66% | Shares |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | $291,508,729 | 1,782,165 | 0.66% | Shares |
| CANADA PENSION PLAN INVESTMENT BOARD | $291,368,222 | 1,781,306 | 0.66% | Shares |
| National Pension Service | $253,839,376 | 1,551,870 | 0.57% | Shares |
| Nuveen Asset Management, LLC | $240,193,818 | 1,309,600 | 0.54% | Shares |
| GOLDMAN SACHS GROUP INC | $238,882,956 | 1,460,433 | 0.54% | Shares |
| Magellan Asset Management Ltd | $230,022,439 | 1,406,263 | 0.52% | Shares |
| UBS Group AG | $223,400,144 | 1,365,777 | 0.51% | Shares |
| Swiss National Bank | $215,029,122 | 1,314,600 | 0.49% | Shares |
| AMERICAN CENTURY COMPANIES INC | $210,095,692 | 1,284,437 | 0.48% | Shares |
| RAYMOND JAMES FINANCIAL INC | $199,088,143 | 1,217,143 | 0.45% | Shares |
| NORDEA INVESTMENT MANAGEMENT AB | $193,324,959 | 1,182,705 | 0.44% | Shares |
| Sumitomo Mitsui Trust Group, Inc. | $190,228,311 | 1,162,978 | 0.43% | Shares |
| BNP PARIBAS FINANCIAL MARKETS | $189,968,562 | 1,161,390 | 0.43% | Shares |
| Qube Research & Technologies Ltd | $188,391,584 | 1,151,749 | 0.43% | Shares |
| Capital International Investors | $187,539,384 | 1,146,539 | 0.42% | Shares |
| Mitsubishi UFJ Asset Management Co., Ltd. | $186,148,385 | 1,138,035 | 0.42% | Shares |
| LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA | $184,426,687 | 1,127,506 | 0.42% | Shares |
| ENVESTNET ASSET MANAGEMENT INC | $180,510,421 | 1,103,567 | 0.41% | Shares |
| Legal & General Group Plc | $180,484,777 | 1,103,410 | 0.41% | Shares |
| M&G PLC | $173,723,396 | 1,059,289 | 0.39% | Shares |
| DAVENPORT & Co LLC | $171,688,797 | 1,049,635 | 0.39% | Shares |
| Vanguard Global Advisers, LLC | $164,431,850 | 1,005,269 | 0.37% | Shares |
| California Public Employees Retirement System | $162,449,546 | 993,150 | 0.37% | Shares |
| Man Group plc | $161,846,299 | 989,462 | 0.37% | Shares |
| NEUBERGER BERMAN GROUP LLC | $161,082,933 | 984,795 | 0.36% | Shares |
| RHUMBLINE ADVISERS | $157,342,746 | 961,930 | 0.36% | Shares |
| FEDERATED HERMES, INC. | $156,112,026 | 954,405 | 0.35% | Shares |
| VANGUARD ASSET MANAGEMENT, Ltd | $149,845,332 | 916,093 | 0.34% | Shares |
| BANK OF AMERICA CORP /DE/ | $145,422,727 | 889,055 | 0.33% | Shares |
| STOREBRAND ASSET MANAGEMENT AS | $141,738,312 | 866,530 | 0.32% | Shares |
| LPL Financial LLC | $141,213,819 | 863,324 | 0.32% | Shares |
| Point72 Asset Management, L.P. | $139,634,802 | 853,670 | 0.32% | Shares |
| Sarasin & Partners LLP | $138,984,286 | 849,693 | 0.31% | Shares |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS | $138,842,469 | 848,826 | 0.31% | Shares |
| Fisher Asset Management, LLC | $135,538,850 | 828,628 | 0.31% | Shares |
| Alyeska Investment Group, L.P. | $135,505,314 | 828,424 | 0.31% | Shares |
| Heard Capital LLC | $131,648,987 | 804,848 | 0.30% | Shares |
| CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC | $125,187,645 | 765,346 | 0.28% | Shares |
| ALLIANCEBERNSTEIN L.P. | $121,052,962 | 701,431 | 0.27% | Shares |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | $117,706,463 | 682,040 | 0.27% | Shares |
| CITADEL ADVISORS LLC | $116,186,061 | 710,314 | 0.26% | Shares |
| LASALLE INVESTMENT MANAGEMENT SECURITIES LLC | $113,730,385 | 695,301 | 0.26% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $106,811,210 | 653,000 | 0.24% | Put option |
| US BANCORP \DE\ | $105,448,344 | 644,668 | 0.24% | Shares |
| PRUDENTIAL FINANCIAL INC | $105,114,498 | 642,627 | 0.24% | Shares |
| Altshuler Shaham Ltd | $99,777,700 | 610,000 | 0.23% | Shares |
| BARCLAYS PLC | $96,014,608 | 586,994 | 0.22% | Shares |
| WORLDQUANT MILLENNIUM ADVISORS LLC | $94,561,616 | 578,111 | 0.21% | Shares |
| Liontrust Investment Partners LLP | $93,993,682 | 535,363 | 0.21% | Shares |
| Universal- Beteiligungs- und Servicegesellschaft mbH | $91,146,840 | 555,473 | 0.21% | Shares |
| GRS Advisors, LLC | $88,912,563 | 543,575 | 0.20% | Shares |
| Balyasny Asset Management L.P. | $87,906,771 | 537,426 | 0.20% | Shares |
| Nuveen, LLC | $87,427,184 | 534,494 | 0.20% | Shares |
| AVIVA PLC | $85,334,305 | 521,699 | 0.19% | Shares |
| Mariner, LLC | $84,686,584 | 517,634 | 0.19% | Shares |
| NEW YORK STATE COMMON RETIREMENT FUND | $84,102,950 | 514,171 | 0.19% | Shares |
| Ensign Peak Advisors, Inc | $82,093,329 | 501,885 | 0.19% | Shares |
| WELLINGTON MANAGEMENT GROUP LLP | $81,186,825 | 496,343 | 0.18% | Shares |
| MILFORD FUNDS LTD | $80,125,255 | 489,853 | 0.18% | Shares |
| Swedbank AB | $80,080,763 | 489,581 | 0.18% | Shares |
| VANGUARD GROUP INC | $79,519,867 | 452,924 | 0.18% | Shares |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | $79,364,982 | 485,205 | 0.18% | Shares |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | $78,603,400 | 480,549 | 0.18% | Shares |
| Vanguard Investments Australia, Ltd. | $78,578,047 | 480,394 | 0.18% | Shares |
| Liontrust Investment Partners LLP | $77,004,012 | 470,771 | 0.17% | Shares |
| Maryland State Retirement & Pension System | $76,315,546 | 466,562 | 0.17% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $75,929,194 | 464,200 | 0.17% | Call option |
| MARSHALL WACE, LLP | $75,921,179 | 464,151 | 0.17% | Shares |
| TWO SIGMA ADVISERS, LP | $75,898,911 | 432,300 | 0.17% | Shares |
| Rathbones Group PLC | $75,191,984 | 459,693 | 0.17% | Shares |
| ANTIPODES PARTNERS Ltd | $73,373,249 | 448,574 | 0.17% | Shares |
| Korea Investment CORP | $71,660,508 | 438,103 | 0.16% | Shares |
| TWO SIGMA INVESTMENTS, LP | $70,638,032 | 431,852 | 0.16% | Shares |
| JANE STREET GROUP, LLC | $70,547,741 | 431,300 | 0.16% | Call option |
| CIBC Bancorp USA Inc. | $69,779,616 | 426,604 | 0.16% | Shares |
| BLAIR WILLIAM & CO/IL | $68,912,644 | 421,304 | 0.16% | Shares |
| Douglas Lane & Associates, LLC | $68,460,793 | 418,541 | 0.15% | Shares |
| AVENIR CORP | $66,591,893 | 407,116 | 0.15% | Shares |
| RUSH ISLAND MANAGEMENT, LP | $66,309,642 | 405,390 | 0.15% | Shares |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | $65,895,156 | 402,856 | 0.15% | Shares |
Company insiders 46 insiders · 10 officers · 19 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Steven O Vondran | President and CEO | March 11, 2026 F | 108,902 | 0 | 3 | $-6,309,967 |
| Juan Font | SVP, Pres. & CEO, CoreSite | March 11, 2026 F | 28,352 | 0 | 0 | $0 |
| Amit Sharma | Spl. Adv. to CEO & Chm. APAC | May 14, 2021 M | 363,750 | 0 | 0 | $0 |
| Robert Joseph Meyer JR | SVP & Advisor to the CFO | July 29, 2026 S | 21,428 | 0 | 2 | $-1,726,145 |
| Rodney M Smith | EVP, CFO & Treasurer | March 11, 2026 F | 92,542 | 0 | 0 | $0 |
| Eugene M Noel | EVP & Chief Operating Officer | March 11, 2026 F | 34,542 | 0 | 0 | $0 |
| Ruth T Dowling | EVP, Chief Admin Ofr, GC & Sec | July 29, 2026 S | 27,711 | 0 | 5 | $-611,297 |
| Richard C Rossi | EVP & President, U.S. Tower | March 11, 2026 F | 17,518 | 0 | 0 | $0 |
| Sanjay Goel | EVP & President, Asia-Pacific | March 17, 2025 S | 25,408 | 0 | 0 | $0 |
| Olivier Puech | EVP & President, International | March 11, 2025 F | 38,023 | 0 | 0 | $0 |
| Pamela D A Reeve | Director | May 28, 2026 G | 21,089 | 0 | 0 | $0 |
| Teresa Hillary Clarke | Director | March 10, 2026 A | 5,307 | 0 | 0 | $0 |
| Kenneth R Frank | Director | March 10, 2026 A | 6,188 | 0 | 0 | $0 |
| Kelly C Chambliss | Director | March 10, 2026 A | 4,426 | 0 | 0 | $0 |
| Neville R Ray | Director | March 10, 2026 A | 2,265 | 0 | 0 | $0 |
| Grace Lieblein | Director | March 10, 2026 A | 9,141 | 0 | 0 | $0 |
| Rajesh Kalathur | Director | March 10, 2026 P | 4,936 | 1 | 0 | $494,936 |
| Bruce L Tanner | Director | March 10, 2026 A | 6,940 | 0 | 0 | $0 |
| Eugene F Reilly | Director | March 10, 2026 A | 6,898 | 1 | 0 | $994,110 |
| Robert D Hormats | Director | March 10, 2026 A | 9,597 | 0 | 0 | $0 |
| Craig Macnab | Director | March 10, 2026 A | 15,315 | 0 | 0 | $0 |
| Joann A Reed | Director | March 10, 2025 A | 62,940 | 0 | 0 | $0 |
| Raymond P Dolan | Director | March 11, 2024 A | 19,634 | 0 | 0 | $0 |
| Samme L Thompson | Director | March 11, 2024 A | 24,260 | 0 | 0 | $0 |
| David E Sharbutt | Director | March 10, 2023 A | 2,858 | 0 | 0 | $0 |
| Gustavo Lara | Director | March 10, 2022 A | 12,530 | 0 | 0 | $0 |
| Mary Agnes Wilderotter | Director | March 4, 2004 A | 4,500 | 0 | 0 | $0 |
| Steven B Dodge | Director | Nov. 17, 2003 A | 1,181,935 | 0 | 0 | $0 |
| American Tower Corporation | — | Dec. 9, 2025 S | 211,379 | 0 | 1 | $-159,631,315 |
| Thomas A Bartlett | — | May 1, 2024 F | 269,557 | 0 | 0 | $0 |
| Edmund Disanto | — | March 11, 2023 F | 161,670 | 0 | 0 | $0 |
| James D Taiclet JR | — | June 5, 2020 G | 331,331 | 0 | 0 | $0 |
| William H Hess | — | June 18, 2019 G | 60,793 | 0 | 0 | $0 |
| Steven C. Marshall | — | Oct. 30, 2018 M | 104,835 | 0 | 0 | $0 |
| Carolyn Katz | — | March 10, 2017 A | 12,905 | 0 | 0 | $0 |
| Ronald M Dykes | — | March 10, 2015 A | 21,079 | 0 | 0 | $0 |
| Mark Kearns | — | June 1, 2011 M | 803 | 0 | 0 | $0 |
| Jean A Bua | — | Aug. 18, 2010 M | 6,058 | 0 | 0 | $0 |
| Steven J Moskowitz | — | Nov. 26, 2008 M | 114,716 | 0 | 0 | $0 |
| Bradley E Singer | — | May 14, 2008 M | 5,000 | 0 | 0 | $0 |
| Fred R Lummis | — | March 15, 2007 A | 321,147 | 0 | 0 | $0 |
| J MICHAEL GEARON JR | — | Dec. 29, 2006 A | 40,745 | 0 | 0 | $0 |
| Paul M Albert JR | — | March 1, 2006 A | — | 0 | 0 | $0 |
| CLARK STEPHEN H /NC/ | — | Sept. 20, 2005 S | 0 | 0 | 0 | $0 |
| Timothy Allen | — | April 1, 2005 A | 0 | 0 | 0 | $0 |
| Arnold L Chavkin | — | Jan. 9, 2004 C | 659,439 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
Activists & 5%+ owners 4 positions
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| American Tower Corporation, ATC TRS II LLC ×2 filings | Dec. 11, 2025 | 0.84% | Amendment | — | SEC |
| SPO Partners II, L.P., SPO Advisory Partners, L.P., San Francisco Partners, L.P., SF Advisory Partners, L.P., SPO Advisory Corp., Cranberry Lake Partners, L.P., Netcong Newton Partners, L.P., The John and Irene Scully Trust, dated May 30, 1994, Phoebe Snow Foundation, Inc., John H. Scully, William E. Oberndorf, William J. Patterson, David M. Kashen, Edward H. McDermott, Kurt C. Mobley, Brian Scully, Vincent Scully, Betty Jane Weimer, Michael B. Yuen, Oberndorf Family Partners ×3 filings | March 3, 2003 | — | Initial filing | — | SEC |
| David M. Kashen, Jane Y. Liou, Kurt C. Mobley, Michael B. Yuen | July 17, 2002 | — | Initial filing | — | SEC |
| Edward H. McDermott, Kurt C. Mobley, Michael B. Yuen | Feb. 14, 2002 | — | Initial filing | Passive investment | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
ETF ownership Held by 205 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| SRVR · Pacer Funds Trust | 13.65% | 295,249 NS | April 30, 2026 | N-PORT |
| PSR · Invesco Actively Managed Exchange-T… | 9.64% | 33,526 | Aug. 8, 2026 | Daily |
| DTCR · Global X Funds | 9.63% | 1,103,875 NS | May 31, 2026 | N-PORT |
| IDGT · iShares Trust | 8.41% | 251,096 SH | Aug. 8, 2026 | Daily |
| FPRO · FIDELITY COVINGTON TRUST | 8.20% | 6,682 NS | April 30, 2026 | N-PORT |
| JPRE · J.P. Morgan Exchange-Traded Fund Tr… | 7.53% | 190,777 NS | May 31, 2026 | N-PORT |
| ICF · iShares Trust | 6.91% | 848,526 SH | Aug. 8, 2026 | Daily |
| GQRE · FlexShares Trust | 6.18% | 129,591 NS | April 30, 2026 | N-PORT |
| FREL · FIDELITY COVINGTON TRUST | 5.29% | 418,086 NS | April 30, 2026 | N-PORT |
| VGSR · Manager Directed Portfolios | 4.80% | 127,867 NS | March 31, 2026 | N-PORT |
| REAI · Tidal Trust I | 4.73% | 279 NS | April 30, 2026 | N-PORT |
| DFAR · Dimensional ETF Trust | 4.38% | 403,214 NS | April 30, 2026 | N-PORT |
| AVRE · AMERICAN CENTURY ETF TRUST | 4.37% | 190,120 NS | May 31, 2026 | N-PORT |
| SCHH · SCHWAB STRATEGIC TRUST | 4.34% | 2,318,122 NS | May 31, 2026 | N-PORT |
| DFGR · Dimensional ETF Trust | 4.34% | 833,500 NS | April 30, 2026 | N-PORT |
| URE · ProShares Trust | 4.20% | 12,570 NS | May 31, 2026 | N-PORT |
| VNQ · VANGUARD SPECIALIZED FUNDS | 4.05% | 17,740,119 SH | Aug. 8, 2026 | Daily |
| TOLZ · ProShares Trust | 4.01% | 37,400 NS | May 31, 2026 | N-PORT |
| IYR · iShares Trust | 3.96% | 1,047,309 SH | Aug. 8, 2026 | Daily |
| DRN · Direxion Shares ETF Trust | 3.89% | 9,973 NS | April 30, 2026 | N-PORT |
| RNTY · Tidal Trust II | 3.76% | 1,048 NS | April 30, 2026 | N-PORT |
| MBCC · Northern Lights Fund Trust IV | 3.72% | 36,697 NS | May 31, 2026 | N-PORT |
| IRET · Tidal Trust II | 3.25% | 471 NS | April 30, 2026 | N-PORT |
| RSPR · Invesco Exchange-Traded Fund Trust | 2.91% | 16,892 | Aug. 8, 2026 | Daily |
| PAYR · Federated Hermes ETF Trust | 2.57% | 5,136 NS | April 30, 2026 | N-PORT |
| TMFG · RBB Fund, Inc. | 2.45% | 46,640 NS | May 31, 2026 | N-PORT |
| LPRE · Exchange Listed Funds Trust | 2.35% | 19,701 NS | May 31, 2026 | N-PORT |
| REIT · ALPS ETF Trust | 2.14% | 6,001 NS | May 31, 2026 | N-PORT |
| RDIV · Invesco Exchange-Traded Fund Trust … | 2.10% | 169,705 | Aug. 8, 2026 | Daily |
| RDOG · ALPS ETF Trust | 2.02% | 1,210 NS | May 31, 2026 | N-PORT |
| SPHD · Invesco Exchange-Traded Fund Trust … | 1.97% | 390,965 | Aug. 8, 2026 | Daily |
| PABU · iShares Trust | 1.89% | 279,490 SH | Aug. 8, 2026 | Daily |
| ESLV · Strategy Shares | 1.56% | 1,004 NS | April 30, 2026 | N-PORT |
| FDV · Federated Hermes ETF Trust | 1.49% | 61,315 NS | April 30, 2026 | N-PORT |
| ELCV · Strategy Shares | 1.24% | 15,018 NS | April 30, 2026 | N-PORT |
| GSY · Invesco Actively Managed Exchange-T… | 1.15% | 45,082,000 | Aug. 8, 2026 | Daily |
| NFRA · FlexShares Trust | 1.13% | 189,312 NS | April 30, 2026 | N-PORT |
| CAPE · DoubleLine ETF Trust | 1.08% | 16,255 NS | March 31, 2026 | N-PORT |
| VRAI · ETFis Series Trust I | 1.06% | 1,066 NS | April 30, 2026 | N-PORT |
| BSCU · Invesco Exchange-Traded Self-Indexe… | 0.96% | 27,106,000 | Aug. 8, 2026 | Daily |
| FDVV · FIDELITY COVINGTON TRUST | 0.94% | 473,154 NS | April 30, 2026 | N-PORT |
| LGDX · Tidal Trust III | 0.92% | 6,941 NS | April 30, 2026 | N-PORT |
| NUDV · Nushares ETF Trust | 0.88% | 2,188 NS | April 30, 2026 | N-PORT |
| KNCT · Invesco Exchange-Traded Fund Trust | 0.85% | 7,951 | Aug. 8, 2026 | Daily |
| EQWL · Invesco Exchange-Traded Fund Trust | 0.85% | 136,058 | Aug. 8, 2026 | Daily |
| BSCQ · Invesco Exchange-Traded Self-Indexe… | 0.81% | 28,503,000 | Aug. 8, 2026 | Daily |
| BSCS · Invesco Exchange-Traded Self-Indexe… | 0.80% | 28,563,000 | Aug. 8, 2026 | Daily |
| IQRA · New York Life Investments Active ET… | 0.80% | 302 NS | April 30, 2026 | N-PORT |
| JGLO · J.P. Morgan Exchange-Traded Fund Tr… | 0.76% | 295,427 NS | April 30, 2026 | N-PORT |
| VUSB · VANGUARD BOND INDEX FUNDS | 0.69% | 58,791,000 PA | Aug. 8, 2026 | Daily |