American Tower Corp
NYSE:AMT

Watchlist Manager
American Tower Corp Logo
American Tower Corp
NYSE:AMT
Watchlist
Price: 213.71 USD 0.59%
Market Cap: 100B USD

ROCE
Return on Capital Employed

10%
Current
7%
Average
3.3%
Industry

ROCE, or Return on Capital Employed, is a financial ratio that measures a company’s profitability in relation to the capital it employs.

ROCE
10%
=
EBIT
5.8B
/
Capital Employed
57.8B

ROCE Across Competitors

American Tower Corp
Glance View

Economic Moat
Narrow
Market Cap
100B USD
Industry
Real Estate

American Tower Corporation, a titan in the world of real estate investment trusts (REITs), stands as one of the leading players in the global telecommunications infrastructure industry. Founded in 1995 and with its headquarters in Boston, Massachusetts, the company has cemented its role as a critical backbone of the digital communication age. Its vast portfolio comprises over 220,000 communications sites, including cell towers, rooftops, and Distributed Antenna Systems (DAS), sprawled across continents like North America, South America, Africa, Europe, and Asia. At its core, American Tower is in the business of owning, operating, and developing wireless and broadcast communications real estate. This extensive network of infrastructures became indispensable for cellular network operators, allowing them to lease space on these towers to install antennas and other equipment requisite for reliable wireless communication services. The revenue model for American Tower hinges on leasing space on its communication sites to wireless service providers, broadcasters, and government agencies, among others. The company signs long-term lease agreements, ensuring a steady and predictable income stream. As mobile data consumption incessantly rises, driven by the proliferation of smartphones, IoT devices, and streaming services, the demand for American Tower's real estate solutions continues to swell. This demand ensures that tenants, primarily large telecom operators, remain reliant on its infrastructure to expand their network coverage and capacity efficiently, without the need to invest heavily in building and maintaining their own tower networks. Thus, while the world marvels at the constant technological advancements, American Tower stealthily operates in the background, underpinning these innovations through seamless connectivity solutions that keep us all digitally tied together.

AMT Intrinsic Value
192 USD
Overvaluation 10%
Intrinsic Value
Price
What is Return on Capital Employed?

ROCE, or Return on Capital Employed, is a financial ratio that measures a company’s profitability in relation to the capital it employs.

ROCE
10%
=
EBIT
5.8B
/
Capital Employed
57.8B
What is the ROCE of American Tower Corp?

Based on American Tower Corp's most recent financial statements, the company has ROCE of 10%.

Back to Top