American Tower Corp
NYSE:AMT
ROIC
Return on Invested Capital
ROIC, or Return on Invested Capital, tells you how good a company is at turning its invested money into profits. In simple terms, ROIC shows how many dollars of profit the company makes for each dollar it has invested. A higher ROIC usually means the company is using its money wisely to grow and make more profits, which is a good sign for investors.
ROIC Across Competitors
| Country | Company | Market Cap | ROIC | ||
|---|---|---|---|---|---|
| US |
|
American Tower Corp
NYSE:AMT
|
101.3B USD |
8%
|
|
| US |
|
Equinix Inc
NASDAQ:EQIX
|
86.9B USD |
5%
|
|
| US |
|
Digital Realty Trust Inc
NYSE:DLR
|
59.7B USD |
1%
|
|
| US |
|
Public Storage
NYSE:PSA
|
51.3B USD |
11%
|
|
| US |
|
Crown Castle International Corp
NYSE:CCI
|
43.2B USD |
6%
|
|
| US |
|
VICI Properties Inc
NYSE:VICI
|
34.1B USD |
8%
|
|
| US |
|
Extra Space Storage Inc
NYSE:EXR
|
31.4B USD |
5%
|
|
| US |
|
Iron Mountain Inc
NYSE:IRM
|
30.4B USD |
5%
|
|
| US |
|
SBA Communications Corp
NASDAQ:SBAC
|
24.5B USD |
15%
|
|
| US |
|
Weyerhaeuser Co
NYSE:WY
|
19B USD |
4%
|
|
| US |
|
Gaming and Leisure Properties Inc
NASDAQ:GLPI
|
12.8B USD |
10%
|
American Tower Corp
Glance View
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.
See Also
ROIC, or Return on Invested Capital, tells you how good a company is at turning its invested money into profits. In simple terms, ROIC shows how many dollars of profit the company makes for each dollar it has invested. A higher ROIC usually means the company is using its money wisely to grow and make more profits, which is a good sign for investors.
Based on American Tower Corp's most recent financial statements, the company has ROIC of 8.3%.
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