American Tower Corp | REIT Profile

Symbol: AMT
CIK: 1053507
Exchange: NYSE
Founded: 1995 (27 years)
HQ: Boston, MA, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Large-Cap
REIT Sector: Infrastructure

See AMT on Google Finance
See AMT on Yahoo Finance
See AMT on SEC.gov

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Overall Score: 8.0

See score breakdown | See trend

REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score. Learn More


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Hightlights of Trading Day January 14, 2022


Open Price: $253.64
Closing Price: $250.62
Price Change: -4.82 (-1.887%)
Lowest Price: $246.08
Highest Price: $254.2

52-Week Low: $193.68
52-Week High: $300.82
52-Week Change: 21.16%

5 Day Price Change: -3.57%
1 Month Price Change: -7.00%
3 Month Price Change: -2.83%
6 Month Price Change: -7.41%
YTD Price Change: -12.67%
1 Year Price Change: 20.34%
2 Year Price Change: 12.75%
5 Year Price Change: 172.25%

Dividend of Trading Day January 14, 2022


Dividend Yield: 2.218%*
Annualized Dividend: $5.56*
Dividend Yield (TTM): 2.025%
Annualized Dividend (TTM): $5.1737
Ex-Dividend Date: 2021-12-23
Dividend Frequency: Quarterly

*The forward annualized dividend and dividend yield are based on the most recent dividend value paid by the REIT. The REIT may have already announced their next upcoming dividend value, which may be different from previously paid dividend value. It is recommended to check the REIT's website and dividend announcements for the latest information on upcoming dividends and changes. This graph does not include extraordinary dividend.

Latest News Headlines


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Funds From Operations (FFO)


Funds From Operations (FFO)

Key Stats of Trading Day January 14, 2022


Total Cash: $3,277,200,000
Current Debt: $6,524,100,000
Revenue: $9,034,200,000
Gross Profit: $6,515,100,000
Total Revenue: $9,034,200,000
Earnings Before Interest, Taxes & Depreciation Amortization (EBITDA): $5,589,700,000
Revenue Per Share: $20
Revenue Per Employee: $1,656,436
Employee: 5,618
Debt to Equity Ratio (D/E): 11.19
Profit Margin: 0.27%
Enterprise Value (EV): $146,599,074,762
Enterprise Value to Revenue (EV/R): 16.23
Price to Sales (P/S): 12.88
Price to Book (P/B): 21.50
Price/Earnings-to-Growth (PEG) Ratio: 1.56
P/E Ratio: 45.57
P/E High: 59.64
P/E Low: 48.20
Forward P/E Ratio: 46.75
Market Capitalization: $114,135,780,742
Beta: 0.67
Latest Volume: 2,549,879
Avg. Total Volume: 1,824,892
Avg. 10-Day Volume: 2,400,949
Avg. 30-Day Volume: 1,824,892
TTM EPS: 5.50
Shares Outstanding: 455,413,697
Float: N/A
50-Day Moving Avg.: $272.79
200-Day Moving Avg.: $276.43

Latest REIT Community Comments on #AMT


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Properties Owned by AMT


Properties Based on REIT's Official Presentation

Properties Types States Countries
170,000 3 50 15

Please visit REIT’s official webpage for the most up-to-date property list.

AMT Sample Property

Sample of REIT’s Properties. Image Source - REIT’s website

REIT Simulation


Below is a simulation of how much money you would have made in dividends, and how much the shares would be worth had you purchased them 1 year ago for the amounts below.

With $1,000 USD With $500 USD With $250 USD With $100 USD With $50 USD
Initial investment @ $213.54 per share you would have been able to buy 4 shares of AMT on 2021-01-16 costing $854.16 @ $213.54 per share you would have been able to buy 2 shares of AMT on 2021-01-16 costing $427.08 @ $213.54 per share you would have been able to buy 1 shares of AMT on 2021-01-16 costing $213.54 @ $213.54 per share you would have been able to buy 0 shares of AMT on 2021-01-16 costing $0.00 @ $213.54 per share you would have been able to buy 0 shares of AMT on 2021-01-16 costing $0.00
Current worth On 2022-01-14 these 4 shares would be worth $1,002.48 @ $250.62 On 2022-01-14 these 2 shares would be worth $501.24 @ $250.62 On 2022-01-14 these 1 shares would be worth $250.62 @ $250.62 On 2022-01-14 these 0 shares would be worth $0.00 @ $250.62 On 2022-01-14 these 0 shares would be worth $0.00 @ $250.62
Dividends earned $25.68 in dividends would have been earned since 2021-01-16 with 4 shares. $13 in dividends would have been earned since 2021-01-16 with 2 shares. $6.42 in dividends would have been earned since 2021-01-16 with 1 shares. $0.00 in dividends would have been earned since 2021-01-16 with 0 shares. $0.00 in dividends would have been earned since 2021-01-16 with 2 shares.
Net (gain / loss)* 174.00 USD 87.00 USD 43.50 USD 0.00 USD 0.00 USD
ROI** 20.37% 20.37% 20.37% nan% nan%

*Net (Gains/Loss): Includes the stock price (appreciate or depreciate ) + dividends earned during period held. Stock prices based on closing price for the date. **ROI: Is based on the Net (gain/loss) divided by the initial investment value. Note: Past performance is no guarantee of future results. This is a high-level simulation and does not account for many factors such as inflation and taxes so we cannot guarantee the accuracy of this simulation.

Dividend History


Below are the most recent cash dividends paid by AMT. The percent difference from one dividend payment to the next has also been calculated for your convenience. Dividends flagged as [E] are extraordinary dividend payments.


Symbol Ex Date Cash Amount Change in Dividend Declaration Date Record Date Payment Date
AMT 2021-12-23 1.390 6.11% 2021-12-16 2021-12-27 2022-01-14
AMT 2021-09-27 1.310 3.15% 2021-09-16 2021-09-28 2021-10-15
AMT 2021-06-17 1.270 2.42% 2021-05-27 2021-06-18 2021-07-09
AMT 2021-04-12 1.240 2.48% 2021-03-04 2021-04-13 2021-04-29
AMT 2020-12-24 1.210 6.14% 2020-12-03 2020-12-28 2021-02-02
AMT 2020-09-25 1.140 3.64% 2020-09-10 2020-09-28 2020-10-16
AMT 2020-06-18 1.100 1.85% 2020-05-19 2020-06-19 2020-07-10
AMT 2020-04-13 1.080 6.93% 2020-03-13 2020-04-14 2020-04-29
AMT 2019-12-26 1.010 6.32% 2019-12-12 2019-12-27 2020-01-14
AMT 2019-09-26 0.950 3.26% 2019-09-24 2019-09-27 2019-10-17
AMT 2019-06-18 0.920 2.22% 2019-05-22 2019-06-19 2019-07-12
AMT 2019-04-10 0.900 7.14% 2019-03-07 2019-04-11 2019-04-26
AMT 2018-12-26 0.840 6.33% 2018-12-06 2018-12-27 2019-01-14
AMT 2018-09-27 0.790 2.60% 2018-09-07 2018-09-28 2018-10-17
AMT 2018-06-18 0.770 2.67% 2018-05-24 2018-06-19 2018-07-13
AMT 2018-04-10 0.750 7.14% 2018-03-08 2018-04-11 2018-04-27
AMT 2017-12-27 0.700 6.06% 2017-12-07 2017-12-28 2018-01-16
AMT 2017-09-28 0.660 3.13% 2017-09-12 2017-09-29 2017-10-17
AMT 2017-06-15 0.640 3.23% 2017-06-01 2017-06-19 2017-07-14
AMT 2017-04-10 0.620 6.90% 2017-03-09 2017-04-12 2017-04-28

Financial Statements Overview


The next Earnings Report for AMT is 2022-02-24

Balance Sheet | Quarterly

See Annual Balance Sheet | See Quarterly Balance Sheet

Amounts in USD ($)

Balance Sheet 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Current Cash 3,277,200,000 1,928,000,000 1,913,600,000 1,746,300,000
Receivables 1,079,500,000 1,017,100,000 756,600,000 688,500,000
Inventory 0 0 0 0
Current Assets 5,041,900,000 3,356,000,000 3,021,600,000 2,905,600,000
Current Assets (Other) 263,100,000 338,100,000 271,700,000 355,700,000
Short Term Investments 263,100,000 338,100,000 271,700,000 355,700,000
Long-term Investments 55,488,100,000 55,626,900,000 43,920,900,000 44,327,900,000
Property, Plant & Equipment Net 14,268,100,000 14,216,500,000 12,712,500,000 12,808,700,000
Goodwill 10,480,800,000 10,575,400,000 7,262,400,000 7,282,700,000
Intangible Assets 18,768,400,000 18,785,000,000 13,507,300,000 13,839,800,000
Other Assets 2,798,700,000 2,711,400,000 2,591,500,000 2,484,400,000
Net Tangible Assets -23,838,000,000 -23,606,200,000 -16,886,300,000 -17,029,000,000
Total Assets 60,530,000,000 58,982,900,000 46,942,500,000 47,233,500,000
Accounts Payable 217,400,000 193,800,000 130,100,000 683,700,000
Liabilities (Other) 3,087,800,000 3,020,500,000 2,536,200,000 2,555,900,000
Current Liabilities (Other) 4,200,300,000 3,122,300,000 2,730,000,000 2,182,000,000
Total Current Liabilities 6,524,100,000 5,952,100,000 4,196,600,000 3,655,500,000
Current Long-term Debt 2,106,400,000 2,636,000,000 1,336,500,000 789,800,000
Long-term Debt 31,439,000,000 32,947,600,000 27,990,300,000 28,497,700,000
Total Liabilities 55,118,800,000 53,228,700,000 43,059,100,000 43,140,000,000
Minority Interest 4,277,200,000 1,278,600,000 668,400,000 687,000,000
Common Stock 455,224,000 450,617,000 444,486,000 444,303,000
Retained Earnings -960,400,000 -1,085,000,000 -1,251,800,000 -1,343,000,000
Treasury Stock -1,282,400,000 -1,282,400,000 -1,282,400,000 -1,282,400,000
Capital Surplus 0 0 0 0
Shareholder Equity 5,411,200,000 5,754,200,000 3,883,400,000 4,093,500,000

Income Statement | Quarterly

See Annual Income Statement | See Quarterly Income Statement

Amounts in USD ($)

Income Statement 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Total Revenue 2,454,300,000 2,298,900,000 2,158,500,000 2,122,500,000
Cost of Revenue 724,300,000 647,900,000 574,300,000 572,600,000
Gross Profit 1,730,000,000 1,651,000,000 1,584,200,000 1,549,900,000
Research and Development 0 0 0 0
Selling General and Admin 205,900,000 207,200,000 182,600,000 196,300,000
Operating Expense 1,626,800,000 1,449,700,000 1,329,800,000 1,208,100,000
Operating Income 827,500,000 849,200,000 828,700,000 914,400,000
Income Expense Net (Other) 0 0 0 0
EBIT 827,500,000 849,200,000 828,700,000 914,400,000
Interest Income 216,700,000 206,100,000 195,600,000 184,600,000
Pretax Income 777,600,000 820,700,000 702,600,000 419,700,000
Income Tax 51,400,000 72,800,000 50,300,000 58,100,000
Minority Interest 3,200,000 1,600,000 7,300,000 -3,500,000
Net Income 723,000,000 746,300,000 645,000,000 365,100,000
Net Income Basic 723,000,000 746,300,000 645,000,000 365,100,000

Cash Flow | Quarterly

See Annual Cash Flow | See Quarterly Cash Flow

Amounts in USD ($)

Cash Flow 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Net Income 723,000,000 746,300,000 645,000,000 365,100,000
Depreciation 611,400,000 554,800,000 522,500,000 1,882,300,000
Changes in Receivables 1,079,500,000 1,017,100,000 756,600,000 688,500,000
Changes in Inventories 0 0 0 0
Cash Change 3,277,200,000 1,928,000,000 1,913,600,000 1,746,300,000
Cash Flow 2,096,400,000 951,900,000 1,092,700,000 1,132,300,000
Capital Expenditures -314,000,000 -277,900,000 -324,800,000 -1,031,700,000
Investments 0 0 0 0
Investing Activity (Other) 0 0 0 0
Total Investing Cash Flows -1,018,900,000 -9,066,900,000 -438,700,000 -3,814,000,000
Dividends Paid 0 0 0 0
Net Borrowings 30,005,100,000 33,317,500,000 27,141,500,000 27,185,500,000
Cash Flow Financing 695,800,000 8,067,000,000 -480,000,000 2,734,700,000
Financing Cash Flows (Other) 0 0 0 0
Exchange Rate Effect 0 0 0 0

About American Tower Corp


American Tower Corporation is a publicly held company, owner and operator of wireless and broadcast communications infrastructure in several countries. American Tower is headquartered in Boston, Massachusetts and has local offices worldwide.

REITRating™ Scorecard


Rating Dividend Section Avg. Rating
8 Dividend Payment Growth: Analysis of how the REIT’s dividend payments have performed during the last three years. 3.8
10 Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. 6.5
9 Dividend to AFFO Payout Ratio Health: Analysis of the REIT’s Dividend to AFFO Payout Ratios during the last four quarters. 8.8
8 Dividend to AFFO Payout Ratio Trend: Analysis of the REIT’s Dividend to AFFO Payout Ratios trend during the last two years. 7.7
Rating AFFO & Efficiency Section Avg. Rating
10 AFFO Trend: Analysis of the REIT’s AFFO trend during the last two years. 7.7
7 AFFO to Revenue Health: Analysis of the REIT's Adjusted Funds From Operation to its Revenues. 6.8
9 Operating Expense Efficiency: Analysis of the REIT's Operating Expenses to its Revenues. 8.3
10 Operating Expense Efficiency Trend: Analysis of the trend of the REIT's Operating Expenses to its Revenue. 9.0
Rating Leverage Section Avg. Rating
10 Interest Coverage Health: Analysis of the REIT’s Interest Coverage health during the last four quarter. 7.2
10 Interest Coverage Health Trend: Analysis of the REIT’s Interest Coverage health trend during the last two years. 8.7
10 Total Debt Interest Rate Competitiveness: Analysis of the REIT’s Interest Rate to Total Debt competitiveness compared to REIT market. 7.8
8 Total Debt Interest Rate Trend: Analysis of the REIT’s Interest Rate to Total Debt trend during the last two years. 8.4
0 Debt Leverage Health: Analysis of the REIT’s Total Debt to Total Assets. 5.1
3 Debt Leverage Health Trend: Analysis of the REIT’s Total Debt to Total Assets over the last two years. 6.9
Rating Asset & Revenue Section Avg. Rating
10 Revenues Growth: Analysis of how the REIT's Revenue has performed over the last two years. 6.2
10 Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years. 6.2
Rating Properties Section Avg. Rating
9 Portfolio of Properties: Analysis of the REIT's property's strength, size, and geographic distribution. 8.2
7 Tenants: Analysis of the REIT's tenant diversification, operation type, and exposure to risk. 8.0
Rating Market Cap Section Avg. Rating
5 Market Cap Strength: Analysis of the REIT's Market Capitalization performance, preservation and resistance in comparison to market changes. 5.5
8.0 Overall REITRating™ Score (See trend) 6.2

REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The REIT’s score for each analysis is out of ten points, with ten being the best score and zero being the worst. A score of zero can be assigned if the REIT does not meet the criteria for that specific analysis. N/A is assigned if insufficient data is available for a particular analysis. Our REITRating logic is continuously improving, so a REIT’s rating and ranking may change over time. Important Note: REITRating is not a predictor of a REIT’s future performance, it is an evaluation of its past results. Additionally, the REITRating system is for informational purposes only and does not represent financial or investment advice or a recommendation of which REITs to acquire. Learn more.

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Last updated: 2022-01-16 - v2.8