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Side-by-side financial comparison of American Tower (AMT) and TechnipFMC plc (FTI). Click either name above to swap in a different company.

American Tower is the larger business by last-quarter revenue ($2.7B vs $2.5B, roughly 1.1× TechnipFMC plc). American Tower runs the higher net margin — 110.1% vs 9.6%, a 100.5% gap on every dollar of revenue. On growth, American Tower posted the faster year-over-year revenue change (6.8% vs 6.3%). American Tower produced more free cash flow last quarter ($941.0M vs $359.1M). Over the past eight quarters, TechnipFMC plc's revenue compounded faster (11.0% CAGR vs 3.7%).

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.

TechnipFMC plc is a French-American, UK-domiciled global oil and gas company that provides services for the energy industry. The company was formed by the merger of FMC Technologies of the United States and Technip of France that was announced in 2016 and completed in 2017.

AMT vs FTI — Head-to-Head

Bigger by revenue
AMT
AMT
1.1× larger
AMT
$2.7B
$2.5B
FTI
Growing faster (revenue YoY)
AMT
AMT
+0.5% gap
AMT
6.8%
6.3%
FTI
Higher net margin
AMT
AMT
100.5% more per $
AMT
110.1%
9.6%
FTI
More free cash flow
AMT
AMT
$581.9M more FCF
AMT
$941.0M
$359.1M
FTI
Faster 2-yr revenue CAGR
FTI
FTI
Annualised
FTI
11.0%
3.7%
AMT

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
AMT
AMT
FTI
FTI
Revenue
$2.7B
$2.5B
Net Profit
$3.0B
$242.7M
Gross Margin
Operating Margin
0.0%
12.6%
Net Margin
110.1%
9.6%
Revenue YoY
6.8%
6.3%
Net Profit YoY
-2.6%
8.0%
EPS (diluted)
$0.58

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.

Revenue
AMT
AMT
FTI
FTI
Q1 26
$2.7B
Q4 25
$2.7B
$2.5B
Q3 25
$2.7B
$2.6B
Q2 25
$2.6B
$2.5B
Q1 25
$2.6B
$2.2B
Q4 24
$2.5B
$2.4B
Q3 24
$2.5B
$2.3B
Q2 24
$2.5B
$2.3B
Net Profit
AMT
AMT
FTI
FTI
Q1 26
$3.0B
Q4 25
$836.8M
$242.7M
Q3 25
$912.6M
$309.7M
Q2 25
$380.5M
$269.5M
Q1 25
$498.6M
$142.0M
Q4 24
$1.2B
$224.7M
Q3 24
$-780.4M
$274.6M
Q2 24
$908.4M
$186.5M
Gross Margin
AMT
AMT
FTI
FTI
Q1 26
Q4 25
Q3 25
Q2 25
23.1%
Q1 25
20.5%
Q4 24
Q3 24
Q2 24
21.2%
Operating Margin
AMT
AMT
FTI
FTI
Q1 26
0.0%
Q4 25
42.4%
12.6%
Q3 25
45.4%
16.5%
Q2 25
45.6%
15.9%
Q1 25
48.9%
12.5%
Q4 24
42.4%
11.3%
Q3 24
45.2%
13.7%
Q2 24
45.4%
13.3%
Net Margin
AMT
AMT
FTI
FTI
Q1 26
110.1%
Q4 25
30.6%
9.6%
Q3 25
33.6%
11.7%
Q2 25
14.5%
10.6%
Q1 25
19.5%
6.4%
Q4 24
48.3%
9.5%
Q3 24
-30.9%
11.7%
Q2 24
35.7%
8.0%
EPS (diluted)
AMT
AMT
FTI
FTI
Q1 26
Q4 25
$1.76
$0.58
Q3 25
$1.82
$0.75
Q2 25
$0.78
$0.64
Q1 25
$1.04
$0.33
Q4 24
$2.63
$0.51
Q3 24
$-1.69
$0.63
Q2 24
$1.92
$0.42

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AMT
AMT
FTI
FTI
Cash + ST InvestmentsLiquidity on hand
$1.6B
$1.0B
Total DebtLower is stronger
$430.0M
Stockholders' EquityBook value
$10.2B
$3.4B
Total Assets
$10.1B
Debt / EquityLower = less leverage
0.13×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMT
AMT
FTI
FTI
Q1 26
$1.6B
Q4 25
$1.5B
$1.0B
Q3 25
$2.0B
$876.6M
Q2 25
$2.1B
$950.0M
Q1 25
$2.1B
$1.2B
Q4 24
$2.0B
$1.2B
Q3 24
$2.2B
Q2 24
$2.2B
Total Debt
AMT
AMT
FTI
FTI
Q1 26
Q4 25
$33.8B
$430.0M
Q3 25
$34.9B
$438.0M
Q2 25
$35.2B
$696.3M
Q1 25
$34.0B
$904.9M
Q4 24
$32.8B
$885.2M
Q3 24
$33.4B
$966.7M
Q2 24
$35.6B
$968.4M
Stockholders' Equity
AMT
AMT
FTI
FTI
Q1 26
$10.2B
Q4 25
$3.7B
$3.4B
Q3 25
$4.0B
$3.3B
Q2 25
$3.7B
$3.3B
Q1 25
$3.5B
$3.1B
Q4 24
$3.4B
$3.1B
Q3 24
$3.6B
$3.3B
Q2 24
$3.9B
$3.0B
Total Assets
AMT
AMT
FTI
FTI
Q1 26
Q4 25
$63.2B
$10.1B
Q3 25
$63.9B
$10.3B
Q2 25
$63.8B
$10.1B
Q1 25
$62.1B
$10.0B
Q4 24
$61.1B
$9.9B
Q3 24
$62.8B
$9.7B
Q2 24
$65.8B
$9.2B
Debt / Equity
AMT
AMT
FTI
FTI
Q1 26
Q4 25
9.26×
0.13×
Q3 25
8.82×
0.13×
Q2 25
9.48×
0.21×
Q1 25
9.63×
0.29×
Q4 24
9.70×
0.29×
Q3 24
9.16×
0.30×
Q2 24
9.24×
0.33×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AMT
AMT
FTI
FTI
Operating Cash FlowLast quarter
$453.6M
Free Cash FlowOCF − Capex
$941.0M
$359.1M
FCF MarginFCF / Revenue
34.4%
14.3%
Capex IntensityCapex / Revenue
16.8%
3.8%
Cash ConversionOCF / Net Profit
1.87×
TTM Free Cash FlowTrailing 4 quarters
$6.7B
$1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMT
AMT
FTI
FTI
Q1 26
Q4 25
$5.5B
$453.6M
Q3 25
$1.5B
$525.1M
Q2 25
$1.3B
$344.2M
Q1 25
$1.3B
$441.7M
Q4 24
$5.3B
$578.9M
Q3 24
$1.5B
$277.9M
Q2 24
$1.3B
$230.9M
Free Cash Flow
AMT
AMT
FTI
FTI
Q1 26
$941.0M
Q4 25
$3.8B
$359.1M
Q3 25
$994.5M
$447.8M
Q2 25
$976.9M
$260.6M
Q1 25
$963.9M
$379.9M
Q4 24
$3.7B
$452.7M
Q3 24
$1.0B
$225.3M
Q2 24
$1.0B
$180.1M
FCF Margin
AMT
AMT
FTI
FTI
Q1 26
34.4%
Q4 25
138.2%
14.3%
Q3 25
36.6%
16.9%
Q2 25
37.2%
10.3%
Q1 25
37.6%
17.0%
Q4 24
145.3%
19.1%
Q3 24
41.4%
9.6%
Q2 24
39.8%
7.7%
Capex Intensity
AMT
AMT
FTI
FTI
Q1 26
16.8%
Q4 25
61.4%
3.8%
Q3 25
17.1%
2.9%
Q2 25
11.6%
3.3%
Q1 25
12.9%
2.8%
Q4 24
62.4%
5.3%
Q3 24
16.8%
2.2%
Q2 24
12.8%
2.2%
Cash Conversion
AMT
AMT
FTI
FTI
Q1 26
Q4 25
6.53×
1.87×
Q3 25
1.60×
1.70×
Q2 25
3.37×
1.28×
Q1 25
2.60×
3.11×
Q4 24
4.30×
2.58×
Q3 24
1.01×
Q2 24
1.47×
1.24×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AMT
AMT

Segment breakdown not available.

FTI
FTI

Services$1.3B52%
Products$1.1B44%
Other$55.1M2%
Surface Technologies$22.4M1%

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