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 148,000 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 $82.9B. The stock trades at 24.46x trailing earnings and yields 4.04%.
- Sector
- Real Estate
- Industry
- REIT - Specialty
- Market cap
- $82.9B
- P/E ratio
- 24.46
- Forward P/E
- 25.37
- EPS (TTM)
- $7.27
- Revenue (TTM)
- $10.9B
- Free cash flow
- $2.9B
- Profit margin
- 31.1%
- Dividend yield
- 4.04%
- Beta
- 0.90
- Shares outstanding
- 466M
Financial health: Fair6.7/10
5 strengths, 2 concerns. Weakest points: current ratio, 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: 33.9% (Strong, benchmark > 15%) — Earns 33.9% on shareholder equity, comfortably past the > 15% mark.
- Gross margin: 73.8% (Strong, benchmark > 40%) — Keeps 73.8% of revenue after the direct cost of sales, comfortably past the > 40% mark.
- Net margin: 31.1% (Strong, benchmark > 10%) — Turns 31.1% 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: 4.7% (Watch, benchmark > 10%) — Revenue changed 4.7% year on year, short of the > 10% mark.
- Earnings growth: 138.5% (Strong, benchmark > 10%) — Earnings changed 138.5% year on year, comfortably past the > 10% mark.
- PEG ratio: 1.68 (Watch, benchmark < 1) — At 1.68, the price looks fair relative to expected growth — Lynch treated 1.0 as fair value.
- Payout ratio: 96.0% (Concern, benchmark < 60%) — Pays out 96.0% of earnings as dividends — above the level usually considered sustainable.