About American Tower Corporation (REI
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 over 147,000 communications sites and a highly interconnected footprint of U.S. data center facilities. American Tower Corporation was incorporated in 1995 in Delaware and is based in Massachusetts, Boston.
American Tower Corporation (REI (AMT) is a Real Estate company in the REIT - Specialty industry with a market capitalisation of $88.2B. The stock trades at 26.80x trailing earnings and yields 3.76%.
- Sector
- Real Estate
- Industry
- REIT - Specialty
- Market cap
- $88.2B
- P/E ratio
- 26.80
- Forward P/E
- 27.16
- EPS (TTM)
- $7.10
- Revenue (TTM)
- $11B
- Free cash flow
- $3B
- Profit margin
- 30.1%
- Dividend yield
- 3.76%
- Beta
- 0.84
- Shares outstanding
- 463.8M
Financial health: Fair5.6/10
4 strengths, 3 concerns. Weakest points: current ratio, earnings growth, payout ratio.
- Current ratio: 0.40 (Concern, benchmark > 1.5) — Short-term assets cover only 0.40x short-term liabilities — below 1.0, meaning bills due this year exceed the assets on hand to pay them. It has been broadly flat over the last 4 years.
- Return on equity: 33.0% (Strong, benchmark > 15%) — Earns 33.0% on shareholder equity, comfortably past the > 15% mark.
- Gross margin: 73.5% (Strong, benchmark > 40%) — Keeps 73.5% of revenue after the direct cost of sales, comfortably past the > 40% mark.
- Net margin: 30.1% (Strong, benchmark > 10%) — Turns 30.1% of revenue into profit, comfortably past the > 10% mark.
- Free cash flow: $3.8B (Strong, benchmark positive) — Generated $3.8B of free cash flow after capital spending. It has improved over the last 4 years.
- Revenue growth: 2.5% (Watch, benchmark > 10%) — Revenue changed 2.5% year on year, short of the > 10% mark.
- Earnings growth: -9.9% (Concern, benchmark > 10%) — Earnings changed -9.9% year on year, well short of the > 10% mark.
- PEG ratio: 1.86 (Watch, benchmark < 1) — At 1.86, the price looks fair relative to expected growth — Lynch treated 1.0 as fair value.
- Payout ratio: 99.6% (Concern, benchmark < 60%) — Pays out 99.6% of earnings as dividends — above the level usually considered sustainable.