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.
| Type | Public | |
| Founded | 1995 | |
| HQ | Woburn, US | Map |
| Website | americantower.com | |
| Employee Ratings | More |
Recent NewsAll News
- American Tower REIT's stock surges to pace gains among its peers, after Oppenheimer turns bullish
- Stocks This Week: Buy American Tower And AON
- 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
- We are open to JVs but must have operational control: American Tower CEO
Key People/Management at American Tower
James D. Taiclet
Chairman
Tom Bartlett
President and Chief Executive Officer
Raymond P. Dolan
Director
Rod Smith
Executive Vice President, Chief Financial Officer and Treasurer
Ed DiSanto
Executive Vice President, Chief Administrative Officer, General Counsel and Secretary
Robert D. Hormats
Director
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
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
Quarterly
| USD | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q4, 2017 | Q1, 2018 | Q3, 2018 | Q4, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 807.9m | 984.1m | 1.0b | 1.0b | 1.1b | 1.2b | 1.2b | 1.3b | 1.4b | 1.5b | 1.6b | 1.7b | 1.7b | 6.7b | 1.7b | 1.8b | 7.4b | 1.8b | 1.9b | 2.0b | 2.0b |
Cost of goods sold | 34.6m | 12.5m | 543.1m | 2.1b | 13.9m | 11.9m | 7.9m | ||||||||||||||
Gross profit | 6.6b | 1.7b | 1.2b | 5.3b | 1.9b | 1.9b | 2.0b | ||||||||||||||
Gross profit Margin, % | 99% | 99% | 70% | 71% | 99% | 99% | 100% |
Annual
| usd | Y, 2009 | Y, 2010 | FY, 2010 | FY, 2011 | Y, 2011 | Y, 2012 | FY, 2012 | Y, 2013 | FY, 2013 | Y, 2014 | FY, 2014 | FY, 2015 | Y, 2015 | FY, 2016 | FY, 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 247.3m | 884.0m | 884.0m | 330.2m | 330.2m | 368.6m | 368.6m | 293.6m | 293.6m | 313.5m | 313.5m | 320.7m | 320.7m | 787.2m | 1.5b |
Accounts Receivable | 81.0m | 101.0m | 137.0m | 151.1m | 151.1m | 198.7m | 198.7m | 227.4m | 227.4m | 308.4m | 462.2m | ||||
Prepaid Expenses | 147.8m | 317.0m | 222.9m | 314.1m | 254.6m | 306.2m | 513.6m | ||||||||
Inventories |
Quarterly
| USD | Q1, 2010 | Q1, 2011 | Q2, 2011 | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q4, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q4, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 352.9m | 362.8m | 332.5m | 177.5m | 471.3m | 481.9m | 382.3m | 441.7m | 448.4m | 4.0b | 333.4m | 283.0m | 295.6m | 323.4m | 274.7m | 287.4m | 336.4m | 410.5m | 530.4m | 712.8m | 770.0m | 799.5m | 802.1m | 1.1b | 834.5m | 1.0b | 1.2b | 1.0b | 1.2b | 1.4b | 1.4b |
Accounts Receivable | 73.5m | 97.8m | 99.8m | 100.1m | 105.1m | 99.2m | 148.8m | 145.4m | 130.9m | 152.6m | 227.2m | 174.6m | 198.1m | 175.8m | 212.9m | 206.2m | 217.5m | 285.4m | 273.9m | 370.0m | 322.1m | 508.6m | 513.6m | 557.9m | 506.9m | 511.1m | 459.0m | 473.0m | 459.5m | 441.7m | 623.9m |
Prepaid Expenses | 107.2m | 150.4m | 172.0m | 228.6m | 279.5m | 240.7m | 270.5m | 232.1m | 232.4m | 365.8m | 265.1m | 342.8m | 316.2m | 269.2m | 263.3m | 282.1m | 341.8m | 481.9m | 415.8m | 477.7m | 566.4m | 499.2m | 568.6m | 571.2m | 569.3m | 564.4m | 621.2m | 471.2m | 486.9m | 480.7m | |
Current Assets | 819.2m | 951.4m | 912.1m | 813.8m | 975.4m | 919.0m | 872.8m | 903.6m | 946.1m | 4.7b | 1.0b | 998.4m | 996.9m | 925.8m | 940.6m | 940.4m | 1.0b | 1.3b | 1.4b | 1.7b | 1.8b | 2.0b | 2.0b | 2.8b | 2.1b | 2.4b | 2.4b | 2.1b | 2.2b | 2.5b |
Annual
| USD | FY, 2010 | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2019 |
|---|---|---|---|---|---|---|---|---|
Net Income | 372.9m | 396.5m | 637.3m | 482.2m | 803.2m | 672.0m | 970.4m | 1.9b |
Depreciation and Amortization | 286.0m | 353.4m | 411.9m | 800.1m | 1.0b | 1.3b | 1.5b | 1.8b |
Accounts Payable | 1.6m | 84.7m | 21.9m | 83.7m | 34.7m | 95.9m | (42.9m) | (46.8m) |
Cash From Operating Activities | 1.0b | 1.2b | 1.4b | 1.6b | 2.1b | 2.2b | 2.7b | 3.8b |
Quarterly
| USD | Q1, 2010 | Q2, 2010 | Q3, 2010 | Q1, 2011 | Q2, 2011 | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q4, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q4, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 96.5m | 196.0m | 289.4m | 91.8m | 207.1m | 191.4m | 221.3m | 48.2m | 501.6m | 171.4m | 271.2m | 408.3m | 193.3m | 415.0m | 621.6m | 195.5m | 352.7m | 450.4m | 281.3m | 473.8m | 737.5m | 307.4m | 695.9m | 1.0b | 1.2b | 280.3m | 594.7m | 972.0m | 1.3b | 407.6m | 841.9m | 1.3b | 418.6m |
Depreciation and Amortization | 110.8m | 221.2m | 336.6m | 131.2m | 269.8m | 411.9m | 149.7m | 172.1m | 465.8m | 185.8m | 370.4m | 555.3m | 245.8m | 491.2m | 740.3m | 263.5m | 591.9m | 933.0m | 341.6m | 739.4m | 1.1b | 421.1m | 817.5m | 1.2b | 1.7b | 446.3m | 896.0m | 1.3b | 436.9m | 885.8m | 1.3b | 472.3m | |
Accounts Payable | 95.8m | 69.3m | |||||||||||||||||||||||||||||||
Cash From Operating Activities | 253.6m | 516.4m | 774.6m | 283.8m | 559.3m | 850.0m | 402.0m | 1.1b | 394.0m | 784.5m | 1.1b | 476.6m | 1.1b | 1.6b | 509.9m | 1.0b | 1.5b | 563.5m | 1.3b | 2.0b | 683.1m | 1.5b | 2.1b | 2.9b | 791.8m | 1.7b | 2.5b | 3.7b | 785.1m | 1.8b | 2.8b |
| USD | Y, 2020 |
|---|---|
EV/EBIT | 182.9 x |
Financial Leverage | 10 x |
American Tower Online and Social Media Presence
American Tower's Trends
American Tower News and Updates
May 22, 2020
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…
April 12, 2020
Stocks This Week: Buy American Tower And AON
Here are two stocks that will outperform the market in this rally.
March 31, 2020
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...
February 15, 2019
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
December 06, 2018
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
November 09, 2018
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...
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.
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