OverviewSuggest Edit

American Tower Corporation is a holding company. The company conducts its operations through its directly and indirectly owned subsidiaries and joint ventures. It is a wireless and broadcast communications infrastructure company that owns, operates and develops communications sites.
The company's primary business includes leasing antenna space on multi-tenant communications sites to wireless service providers, radio and television broadcast companies, wireless data providers, government agencies and municipalities and tenants in a number of other industries. This business is its rental and management operations.
TypePublic
Founded1995
HQWoburn, US
Websiteamericantower.com
Employee Ratings3.3

Latest Updates

Employees (est.) (Dec 2019)5,454(+9%)
Job Openings35
Revenue (FY, 2019)$7.6 B(+32%)
Share Price (May 2020)$242.4 (+7%)

Key People/Management at American Tower

James D. Taiclet

James D. Taiclet

Chairman
Tom Bartlett

Tom Bartlett

President and Chief Executive Officer
Raymond P. Dolan

Raymond P. Dolan

Director
Rod Smith

Rod Smith

Executive Vice President, Chief Financial Officer and Treasurer
Ed DiSanto

Ed DiSanto

Executive Vice President, Chief Administrative Officer, General Counsel and Secretary
Robert D. Hormats

Robert D. Hormats

Director
Show more

American Tower Office Locations

American Tower has offices in Woburn, Atlanta, Auburn, Auburn Hills and in 31 other locations
Woburn, US (HQ)
10 Presidential Way
Atlanta, US
900 Circle 75 Pkwy #300
Auburn, US
Auburn, WA, USA
Auburn Hills, US
Auburn Hills, MI, USA
Baltimore, US
Baltimore, MD, USA
Boston, US
116 Huntington Ave 11th Floor
Show all (36)

American Tower Financials and Metrics

American Tower Revenue

American Tower's revenue was reported to be $7.58 b in FY, 2019
USD

Revenue (Q1, 2020)

2.0b

Gross profit (Q1, 2020)

2.0b

Gross profit margin (Q1, 2020), %

99.6%

Net income (Q1, 2020)

418.6m

EBIT (Q1, 2020)

736.8m

Market capitalization (22-May-2020)

107.5b

Closing stock price (22-May-2020)

242.4

Cash (31-Mar-2020)

1.4b

EV

134.8b
American Tower's current market capitalization is $107.5 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2019

Revenue

3.4b4.1b4.8b5.8b7.6b

Revenue growth, %

22%16%21%

Cost of goods sold

43.1m

Gross profit

7.5b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q4, 2017Q1, 2018Q3, 2018Q4, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Revenue

807.9m984.1m1.0b1.0b1.1b1.2b1.2b1.3b1.4b1.5b1.6b1.7b1.7b6.7b1.7b1.8b7.4b1.8b1.9b2.0b2.0b

Cost of goods sold

34.6m12.5m543.1m2.1b13.9m11.9m7.9m

Gross profit

6.6b1.7b1.2b5.3b1.9b1.9b2.0b

Gross profit Margin, %

99%99%70%71%99%99%100%
Annual
usdY, 2009Y, 2010FY, 2010FY, 2011Y, 2011Y, 2012FY, 2012Y, 2013FY, 2013Y, 2014FY, 2014FY, 2015Y, 2015FY, 2016FY, 2019

Cash

247.3m884.0m884.0m330.2m330.2m368.6m368.6m293.6m293.6m313.5m313.5m320.7m320.7m787.2m1.5b

Accounts Receivable

81.0m101.0m137.0m151.1m151.1m198.7m198.7m227.4m227.4m308.4m462.2m

Prepaid Expenses

147.8m317.0m222.9m314.1m254.6m306.2m513.6m

Inventories

Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2019

Net Income

372.9m396.5m637.3m482.2m803.2m672.0m970.4m1.9b

Depreciation and Amortization

286.0m353.4m411.9m800.1m1.0b1.3b1.5b1.8b

Accounts Payable

1.6m84.7m21.9m83.7m34.7m95.9m(42.9m)(46.8m)

Cash From Operating Activities

1.0b1.2b1.4b1.6b2.1b2.2b2.7b3.8b
Quarterly
USDY, 2020

EV/EBIT

182.9 x

Financial Leverage

10 x
Show all financial metrics

American Tower Online and Social Media Presence

Embed Graph

American Tower News and Updates

American Tower REIT's stock surges to pace gains among its peers, after Oppenheimer turns bullish

Shares of American Tower REIT surged 5.9% in afternoon trading Friday, to pace the gainers among its large-capitalization peers, after Oppenheimer analyst Timothy Horan turned bullish, citing attractive valuation and increasing broadband demand amid the COVID-19 pandemic. Horan raised his rating on…

Stocks This Week: Buy American Tower And AON

Here are two stocks that will outperform the market in this rally.

Otis Worldwide and Carrier Global Set to Join S&P 500; American Tower to Join S&P 100 and Macy's to Join S&P SmallCap 600

NEW YORK, March 31, 2020 /PRNewswire/ -- S&P 500 and 100 constituent United Technologies Corp. (NYSE: UTX) is spinning off Otis Worldwide and Carrier Global and then merging with Raytheon in transactions expected to be completed on April 3. Post spin-off and merger transactions, United...

We are open to JVs but must have operational control: American Tower CEO

'Abruptly changed, unpredictable policies are not good for investments. If we do the same in the US, there will be less Indian investment in the US', said Taiclet

Telecom Tower Market 2018 Increasing Demand with Leading Key Players: American Tower, Cellnex Telecom, China Tower, Crown Castle, Indus Tower, IHS Holdings, SBA Communication, Telesites S.A.B. DE C.V, Telxius and PT Tower Bersama Infrastructure TBK

The global telecom tower market accounted for US$ 40.04 Bn in 2017 and is expected to grow at a CAGR of 18.0% during the forecast period 2018 - 2025, to account to US$ 146.53 Bn by 2025. Posted via Industry Today. Follow us on Twitter @IndustryToday

American Tower and Ruckus Networks Announce First Commercial CBRS Deployment at ISM Raceway

BOSTON and SUNNYVALE, Calif., Nov. 9, 2018 /PRNewswire/ -- American Tower Corporation (NYSE: AMT) and Ruckus® Networks™, an ARRIS company, today announced the first commercial Citizens Broadband Radio Service (CBRS) Private LTE network deployment at International Speedway Corporation's...
Show more

American Tower Frequently Asked Questions

  • When was American Tower founded?

    American Tower was founded in 1995.

  • Who are American Tower key executives?

    American Tower's key executives are James D. Taiclet, Tom Bartlett and Raymond P. Dolan.

  • How many employees does American Tower have?

    American Tower has 5,454 employees.

  • What is American Tower revenue?

    Latest American Tower annual revenue is $7.6 b.

  • What is American Tower revenue per employee?

    Latest American Tower revenue per employee is $1.4 m.

  • Who are American Tower competitors?

    Competitors of American Tower include Crown Castle, SBA Communications and PureLiFi.

  • Where is American Tower headquarters?

    American Tower headquarters is located at 10 Presidential Way, Woburn.

  • Where are American Tower offices?

    American Tower has offices in Woburn, Atlanta, Auburn, Auburn Hills and in 31 other locations.

  • How many offices does American Tower have?

    American Tower has 36 offices.