American Tower Corp

Company Profile

American Tower Corp had its IPO on 1998-06-05 under the ticker symbol AMT.

The company operates in the Real Estate sector and REIT-Specialty industry. American Tower Corp has a staff strength of 6,391 employees.

Stock update

Shares of American Tower Corp opened at $179.35 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $175.4 - $179.62, and closed at $179.19.

This is a -0.6% slip from the previous day's closing price.

A total volume of 1,340,456 shares were traded at the close of the day’s session.

In the last one week, shares of American Tower Corp have slipped by -0.89%.

American Tower Corp's Key Ratios

American Tower Corp has a market cap of $89.58 billion, indicating a price to book ratio of 16.2952 and a price to sales ratio of 9.7217.

In the last 12-months American Tower Corp’s revenue was $10.71 billion with a gross profit of $7.45 billion and an EBITDA of $6.49 billion. The EBITDA ratio measures American Tower Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, American Tower Corp’s operating margin was 29.3% while its return on assets stood at 2.86% with a return of equity of 15.8%.

In Q4, American Tower Corp’s quarterly earnings growth was a positive 13.9% while revenue growth was a positive 10.6%.

American Tower Corp’s PE and PEG Ratio

Forward PE

48.7805

Trailing PE

48.4559

PEG

3.5719

Its diluted EPS in the last 12-months stands at $3.97 per share while it has a forward price to earnings multiple of 48.7805 and a PEG multiple of 3.5719. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into American Tower Corp’s profitability.

American Tower Corp stock is trading at a EV to sales ratio of 14.056 and a EV to EBITDA ratio of 20.2648. Its price to sales ratio in the trailing 12-months stood at 9.7217.

American Tower Corp stock pays annual dividends of $5.86 per share, indicating a yield of 3.2% and a payout ratio of 1.53%.

Balance sheet and cash flow metrics

Total Assets

$63.61 billion

Total Liabilities

$8.31 billion

Operating Cash Flow

$-2355200000.00

Capital Expenditure

$658.20 million

Dividend Payout Ratio

1.53%

American Tower Corp ended 2024 with $63.61 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $63.61 billion while shareholder equity stood at $5.57 billion.

American Tower Corp ended 2024 with $1.49 billion in deferred long-term liabilities, $8.31 billion in other current liabilities, 4800000.00 in common stock, $623.40 million in retained earnings and $12.96 billion in goodwill. Its cash balance stood at $2.03 billion and cash and short-term investments were $2.03 billion. The company’s total short-term debt was $5,303,100,000 while long-term debt stood at $34.16 billion.

American Tower Corp’s total current assets stands at $3.62 billion while long-term investments were $0 and short-term investments were $0. Its net receivables were $1.31 billion compared to accounts payable of $218.60 million and inventory worth $0.

In 2024, American Tower Corp's operating cash flow was $-2355200000.00 while its capital expenditure stood at $658.20 million.

Comparatively, American Tower Corp paid $0.02 in dividends in 2024.

Other key metrics

Current Trading Price

$179.19

52-Week High

$278.3661

52-Week Low

$176.8617

Analyst Target Price

$251.18

American Tower Corp stock is currently trading at $179.19 per share. It touched a 52-week high of $278.3661 and a 52-week low of $278.3661. Analysts tracking the stock have a 12-month average target price of $251.18.

Its 50-day moving average was $185.68 and 200-day moving average was $197.94 The short ratio stood at 1.66 indicating a short percent outstanding of 0%.

Around 20.7% of the company’s stock are held by insiders while 9319.4% are held by institutions.