American Tower(AMT) - 2016 Q4 - Earnings Call Presentation

Financial Performance - 2016 Results - Total Property Revenue increased by 22.1% year-over-year, reaching $5.71 billion[4] - Total Revenue grew by 21.3% year-over-year, amounting to $5.786 billion[4] - Net income attributable to ATC Common Stockholders increased by 42.8% year-over-year, reaching $849 million[4] - Adjusted EBITDA increased by 15.9% year-over-year, reaching $3.553 billion with a margin of 61.4%[4] - Consolidated AFFO increased by 15.8% year-over-year, reaching $2.49 billion, with per diluted share at $5.80[4] - Organic Tenant Billings Growth was nearly 8%[13] Financial Outlook - 2017 - Projected Property Revenue for 2017 is $6.30 billion, representing growth of over 10%[19] - Consolidated AFFO is projected to grow by approximately 10%, reaching $2.75 billion[23] - The company anticipates Organic Tenant Billings Growth of approximately 7-8%[19] - Adjusted EBITDA is projected to be $3.86 billion, representing growth of approximately 9%[23] Capital Allocation - The company plans capital expenditures of $800-$900 million[28]