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American Tower vs Weyerhaeuser: revenue, profit, margins and growth compared

American Tower brought in $10.6B of revenue in fiscal 2025, Weyerhaeuser $6.9B in fiscal 2025. Revenue changed by +5.1% at American Tower and -3.1% at Weyerhaeuser on the year before, so American Tower grew faster. American Tower kept 23.8% of its revenue as net profit, Weyerhaeuser 4.7%. Free cash flow was $3.8B at American Tower and $511M at Weyerhaeuser.

Side by side, latest fiscal year

AMTWY
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$10.6B$6.9B
Revenue growth+5.1%-3.1%
Net income$2.5B$324M
Net margin23.8%4.7%
Free cash flow$3.8B$511M
Free cash flow margin35.5%7.4%
Earnings per share (diluted)$5.40$0.45
Cash$1.5B$464M
Debt$3.4B$5.6B
Price to earnings31.344.5
Market value$78.8B$14.4B
Dividend yield3.98%4.20%
Rank by revenue in sector#2 of 162 · Real estate#4 of 162 · Real estate

Over the years

Revenue
AMT FY2018: $7.4BAMT FY2019: $7.6BAMT FY2020: $8BAMT FY2021: $9.4BAMT FY2022: $9.6BAMT FY2023: $10BAMT FY2024: $10.1BAMT FY2025: $10.6BWY FY2018: $7.5BWY FY2019: $6.6BWY FY2020: $7.5BWY FY2021: $10.2BWY FY2022: $10.2BWY FY2023: $7.7BWY FY2024: $7.1BWY FY2025: $6.9BFY18FY19FY20FY21FY22FY23FY24FY25
AMT $10.6BWY $6.9B
Net income
AMT FY2018: $1.2BAMT FY2019: $1.9BAMT FY2020: $1.7BAMT FY2021: $2.6BAMT FY2022: $1.8BAMT FY2023: $1.5BAMT FY2024: $2.3BAMT FY2025: $2.5BWY FY2018: $748MWY FY2019: -$76MWY FY2020: $797MWY FY2021: $2.6BWY FY2022: $1.9BWY FY2023: $839MWY FY2024: $396MWY FY2025: $324MFY18FY19FY20FY21FY22FY23FY24FY25
AMT $2.5BWY $324M
Net margin
AMT FY2018: 16.6%AMT FY2019: 24.9%AMT FY2020: 21.0%AMT FY2021: 27.4%AMT FY2022: 18.3%AMT FY2023: 14.8%AMT FY2024: 22.3%AMT FY2025: 23.8%WY FY2018: 10.0%WY FY2019: -1.2%WY FY2020: 10.6%WY FY2021: 25.6%WY FY2022: 18.5%WY FY2023: 10.9%WY FY2024: 5.6%WY FY2025: 4.7%FY18FY19FY20FY21FY22FY23FY24FY25
AMT 23.8%WY 4.7%
Revenue growth
AMT FY2019: +1.9%AMT FY2020: +6.1%AMT FY2021: +16.4%AMT FY2022: +3.1%AMT FY2023: +3.8%AMT FY2024: +1.1%AMT FY2025: +5.1%WY FY2019: -12.3%WY FY2020: +14.9%WY FY2021: +35.4%WY FY2022: -0.2%WY FY2023: -24.6%WY FY2024: -7.2%WY FY2025: -3.1%FY19FY20FY21FY22FY23FY24FY25
AMT +5.1%WY -3.1%
Free cash flow
AMT FY2018: $2.8BAMT FY2019: $2.8BAMT FY2020: $2.8BAMT FY2021: $3.4BAMT FY2022: $1.8BAMT FY2023: $2.9BAMT FY2024: $3.7BAMT FY2025: $3.8BWY FY2018: $744MWY FY2019: $909MWY FY2020: $1.5BWY FY2021: $3.1BWY FY2022: $2.8BWY FY2023: $1.4BWY FY2024: $956MWY FY2025: $511MFY18FY19FY20FY21FY22FY23FY24FY25
AMT $3.8BWY $511M

Fiscal years as each company reports them; the two may end in different months.

Questions about American Tower and Weyerhaeuser

Which is bigger by revenue, American Tower or Weyerhaeuser?

American Tower is bigger by revenue: $10.6B in fiscal 2025, against $6.9B for Weyerhaeuser in fiscal 2025.

Which keeps more of its revenue as profit, American Tower or Weyerhaeuser?

American Tower had a net margin of 23.8% in fiscal 2025; Weyerhaeuser had 4.7% in fiscal 2025.

Which grew revenue faster, American Tower or Weyerhaeuser?

In their latest fiscal years revenue changed by +5.1% at American Tower and -3.1% at Weyerhaeuser.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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