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Side-by-side financial comparison of American Tower (AMT) and Emerson Electric (EMR). Click either name above to swap in a different company.
Emerson Electric is the larger business by last-quarter revenue ($4.3B vs $2.7B, roughly 1.6× American Tower). American Tower runs the higher net margin — 110.1% vs 13.9%, a 96.2% gap on every dollar of revenue. American Tower produced more free cash flow last quarter ($941.0M vs $602.0M). Over the past eight quarters, American Tower's revenue compounded faster (3.7% CAGR vs -0.3%).
American Tower Corporation, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of approximately 219,000 communications sites. For more information about American Tower, please visit the Earnings Materials and Investor Presentations sections of our investor relations website at www.americantower.com.
Emerson ElectricEMREarnings & Financial Report
Emerson Electric Co. is an American multinational corporation headquartered in St. Louis, Missouri. The Fortune 500 company delivers a range of engineering services, manufactures industrial automation equipment, climate control systems, and precision measurement instruments, and provides software engineering for industrial, commercial, and consumer markets.
AMT vs EMR — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $2.7B | $4.3B |
| Net Profit | $3.0B | $605.0M |
| Gross Margin | — | 53.2% |
| Operating Margin | 0.0% | 17.8% |
| Net Margin | 110.1% | 13.9% |
| Revenue YoY | — | 4.1% |
| Net Profit YoY | — | 3.4% |
| EPS (diluted) | — | $1.07 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $2.7B | — | ||
| Q4 25 | $2.7B | $4.3B | ||
| Q3 25 | $2.7B | $4.9B | ||
| Q2 25 | $2.6B | $4.6B | ||
| Q1 25 | $2.6B | $4.4B | ||
| Q4 24 | $2.5B | $4.2B | ||
| Q3 24 | $2.5B | $4.6B | ||
| Q2 24 | $2.5B | $4.4B |
| Q1 26 | $3.0B | — | ||
| Q4 25 | $836.8M | $605.0M | ||
| Q3 25 | $912.6M | $637.0M | ||
| Q2 25 | $380.5M | $586.0M | ||
| Q1 25 | $498.6M | $485.0M | ||
| Q4 24 | $1.2B | $585.0M | ||
| Q3 24 | $-780.4M | $996.0M | ||
| Q2 24 | $908.4M | $329.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | 53.2% | ||
| Q3 25 | — | 51.9% | ||
| Q2 25 | — | 52.6% | ||
| Q1 25 | — | 53.5% | ||
| Q4 24 | — | 53.5% | ||
| Q3 24 | — | 51.3% | ||
| Q2 24 | — | 52.8% |
| Q1 26 | 0.0% | — | ||
| Q4 25 | 42.4% | 17.8% | ||
| Q3 25 | 45.4% | 16.4% | ||
| Q2 25 | 45.6% | 16.1% | ||
| Q1 25 | 48.9% | 14.2% | ||
| Q4 24 | 42.4% | 18.6% | ||
| Q3 24 | 45.2% | 14.7% | ||
| Q2 24 | 45.4% | 10.4% |
| Q1 26 | 110.1% | — | ||
| Q4 25 | 30.6% | 13.9% | ||
| Q3 25 | 33.6% | 13.1% | ||
| Q2 25 | 14.5% | 12.9% | ||
| Q1 25 | 19.5% | 10.9% | ||
| Q4 24 | 48.3% | 14.0% | ||
| Q3 24 | -30.9% | 21.6% | ||
| Q2 24 | 35.7% | 7.5% |
| Q1 26 | — | — | ||
| Q4 25 | $1.76 | $1.07 | ||
| Q3 25 | $1.82 | $1.12 | ||
| Q2 25 | $0.78 | $1.04 | ||
| Q1 25 | $1.04 | $0.86 | ||
| Q4 24 | $2.63 | $1.02 | ||
| Q3 24 | $-1.69 | $1.74 | ||
| Q2 24 | $1.92 | $0.57 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.6B | — |
| Total DebtLower is stronger | — | $7.6B |
| Stockholders' EquityBook value | $10.2B | $20.3B |
| Total Assets | — | $41.9B |
| Debt / EquityLower = less leverage | — | 0.37× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $1.6B | — | ||
| Q4 25 | $1.5B | — | ||
| Q3 25 | $2.0B | — | ||
| Q2 25 | $2.1B | — | ||
| Q1 25 | $2.1B | — | ||
| Q4 24 | $2.0B | — | ||
| Q3 24 | $2.2B | — | ||
| Q2 24 | $2.2B | — |
| Q1 26 | — | — | ||
| Q4 25 | $33.8B | $7.6B | ||
| Q3 25 | $34.9B | $8.9B | ||
| Q2 25 | $35.2B | $8.3B | ||
| Q1 25 | $34.0B | $8.2B | ||
| Q4 24 | $32.8B | $6.6B | ||
| Q3 24 | $33.4B | $7.7B | ||
| Q2 24 | $35.6B | $7.1B |
| Q1 26 | $10.2B | — | ||
| Q4 25 | $3.7B | $20.3B | ||
| Q3 25 | $4.0B | $20.3B | ||
| Q2 25 | $3.7B | $19.9B | ||
| Q1 25 | $3.5B | $19.2B | ||
| Q4 24 | $3.4B | $20.5B | ||
| Q3 24 | $3.6B | $21.6B | ||
| Q2 24 | $3.9B | $20.8B |
| Q1 26 | — | — | ||
| Q4 25 | $63.2B | $41.9B | ||
| Q3 25 | $63.9B | $42.0B | ||
| Q2 25 | $63.8B | $42.5B | ||
| Q1 25 | $62.1B | $42.0B | ||
| Q4 24 | $61.1B | $42.6B | ||
| Q3 24 | $62.8B | $44.2B | ||
| Q2 24 | $65.8B | $45.6B |
| Q1 26 | — | — | ||
| Q4 25 | 9.26× | 0.37× | ||
| Q3 25 | 8.82× | 0.44× | ||
| Q2 25 | 9.48× | 0.42× | ||
| Q1 25 | 9.63× | 0.42× | ||
| Q4 24 | 9.70× | 0.32× | ||
| Q3 24 | 9.16× | 0.36× | ||
| Q2 24 | 9.24× | 0.34× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $699.0M |
| Free Cash FlowOCF − Capex | $941.0M | $602.0M |
| FCF MarginFCF / Revenue | 34.4% | 13.9% |
| Capex IntensityCapex / Revenue | 16.8% | 2.2% |
| Cash ConversionOCF / Net Profit | — | 1.16× |
| TTM Free Cash FlowTrailing 4 quarters | $6.7B | $4.4B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $5.5B | $699.0M | ||
| Q3 25 | $1.5B | $3.1B | ||
| Q2 25 | $1.3B | $1.1B | ||
| Q1 25 | $1.3B | $241.0M | ||
| Q4 24 | $5.3B | $777.0M | ||
| Q3 24 | $1.5B | $3.3B | ||
| Q2 24 | $1.3B | $1.1B |
| Q1 26 | $941.0M | — | ||
| Q4 25 | $3.8B | $602.0M | ||
| Q3 25 | $994.5M | $2.7B | ||
| Q2 25 | $976.9M | $977.0M | ||
| Q1 25 | $963.9M | $154.0M | ||
| Q4 24 | $3.7B | $694.0M | ||
| Q3 24 | $1.0B | $2.9B | ||
| Q2 24 | $1.0B | $998.0M |
| Q1 26 | 34.4% | — | ||
| Q4 25 | 138.2% | 13.9% | ||
| Q3 25 | 36.6% | 54.9% | ||
| Q2 25 | 37.2% | 21.5% | ||
| Q1 25 | 37.6% | 3.5% | ||
| Q4 24 | 145.3% | 16.6% | ||
| Q3 24 | 41.4% | 63.1% | ||
| Q2 24 | 39.8% | 22.8% |
| Q1 26 | 16.8% | — | ||
| Q4 25 | 61.4% | 2.2% | ||
| Q3 25 | 17.1% | 8.9% | ||
| Q2 25 | 11.6% | 2.0% | ||
| Q1 25 | 12.9% | 2.0% | ||
| Q4 24 | 62.4% | 2.0% | ||
| Q3 24 | 16.8% | 9.1% | ||
| Q2 24 | 12.8% | 2.1% |
| Q1 26 | — | — | ||
| Q4 25 | 6.53× | 1.16× | ||
| Q3 25 | 1.60× | 4.86× | ||
| Q2 25 | 3.37× | 1.83× | ||
| Q1 25 | 2.60× | 0.50× | ||
| Q4 24 | 4.30× | 1.33× | ||
| Q3 24 | — | 3.35× | ||
| Q2 24 | 1.47× | 3.31× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AMT
Segment breakdown not available.
EMR
| Other | $1.8B | 41% |
| Software And Systems | $1.0B | 24% |
| Intelligent Devices | $996.0M | 23% |
| Safety And Productivity | $503.0M | 12% |
