American Tower Corporation (AMT)
American Tower Corporation is a global provider of wireless communications infrastructure. The company owns, operates, and develops a portfolio of multitenant communications real estate assets, including wireless and broadcast towers, as well as in-building and outdoor distributed antenna systems. American Tower Corporation is headquartered in Boston, Massachusetts, and serves customers in various industries, including wireless carriers, broadcasters, and enterprise customers.
Company Info
Highlights
$94.77B
$4.16
48.75
1.24
$11.04B
$6.09B
$6.62B
$167.84 - $241.80
$241.11
1.17%
2.43
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in American Tower Corporation, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
American Tower Corporation had a return of -3.73% year-to-date (YTD) and 5.38% in the last 12 months. Over the past 10 years, American Tower Corporation had an annualized return of 9.52%, while the S&P 500 had an annualized return of 11.16%, indicating that American Tower Corporation did not perform as well as the benchmark.
AMT
-3.73%
-8.42%
10.39%
5.38%
1.85%
9.52%
^GSPC (Benchmark)
24.72%
1.67%
12.93%
30.55%
13.88%
11.16%
Monthly Returns
The table below presents the monthly returns of AMT, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -9.37% | 1.64% | -0.64% | -12.39% | 14.09% | 0.13% | 13.39% | 1.66% | 3.79% | -7.51% | -3.73% | ||
| 2023 | 5.44% | -11.36% | 3.20% | 0.77% | -9.76% | 6.01% | -1.87% | -4.72% | -9.30% | 9.47% | 17.17% | 4.22% | 5.39% |
| 2022 | -14.02% | -9.79% | 10.73% | -3.55% | 6.27% | 0.38% | 5.96% | -6.20% | -15.49% | -2.79% | 6.79% | -3.54% | -25.67% |
| 2021 | 1.29% | -4.94% | 10.61% | 7.12% | 0.27% | 6.25% | 4.69% | 3.31% | -8.74% | 6.24% | -6.91% | 11.99% | 32.89% |
| 2020 | 0.84% | -2.13% | -3.99% | 9.77% | 8.47% | 0.56% | 1.10% | -4.68% | -2.51% | -5.00% | 0.67% | -2.37% | -0.47% |
| 2019 | 9.26% | 1.92% | 11.87% | -0.44% | 6.90% | -1.65% | 3.51% | 8.78% | -3.52% | -1.38% | -1.86% | 7.86% | 47.87% |
| 2018 | 3.53% | -5.67% | 4.31% | -5.68% | 1.47% | 4.77% | 2.82% | 0.59% | -2.02% | 7.23% | 5.57% | -3.30% | 13.32% |
| 2017 | -2.06% | 10.91% | 5.88% | 4.15% | 4.17% | 1.36% | 3.03% | 8.60% | -7.23% | 5.11% | 0.18% | -0.38% | 37.71% |
| 2016 | -2.69% | -2.27% | 11.03% | 2.95% | 0.86% | 7.93% | 1.90% | -2.06% | 0.45% | 3.41% | -12.73% | 3.90% | 11.22% |
| 2015 | -1.92% | 2.26% | -5.03% | 0.84% | -1.84% | 1.02% | 1.95% | -3.07% | -4.08% | 16.20% | -2.79% | -1.93% | 0.00% |
| 2014 | 1.33% | 0.73% | 0.49% | 2.42% | 7.32% | 0.78% | 4.90% | 4.46% | -4.68% | 4.13% | 7.70% | -5.51% | 25.76% |
| 2013 | -1.45% | 1.90% | -0.88% | 9.56% | -7.32% | -5.66% | -3.25% | -1.84% | 7.07% | 7.04% | -1.99% | 3.02% | 4.80% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of AMT is 47, suggesting that the investment has average results relative to other stocks in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for American Tower Corporation (AMT) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
American Tower Corporation provided a 3.23% dividend yield over the last twelve months, with an annual payout of $6.56 per share. The company has been increasing its dividends for 12 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $6.56 | $6.45 | $5.86 | $5.21 | $4.53 | $3.78 | $3.15 | $2.62 | $2.17 | $1.81 | $1.40 | $1.10 |
Dividend yield | 3.23% | 2.99% | 2.77% | 1.78% | 2.02% | 1.64% | 1.99% | 1.84% | 2.05% | 1.87% | 1.42% | 1.38% |
Monthly Dividends
The table displays the monthly dividend distributions for American Tower Corporation. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $1.62 | $0.00 | $1.62 | $0.00 | $0.00 | $0.00 | $1.62 | $0.00 | $4.86 | |
| 2023 | $0.00 | $0.00 | $0.00 | $1.56 | $0.00 | $1.57 | $0.00 | $0.00 | $0.00 | $1.62 | $0.00 | $1.70 | $6.45 |
| 2022 | $0.00 | $0.00 | $0.00 | $1.40 | $0.00 | $1.43 | $0.00 | $0.00 | $0.00 | $1.47 | $0.00 | $1.56 | $5.86 |
| 2021 | $0.00 | $0.00 | $0.00 | $1.24 | $0.00 | $1.27 | $0.00 | $0.00 | $1.31 | $0.00 | $0.00 | $1.39 | $5.21 |
| 2020 | $0.00 | $0.00 | $0.00 | $1.08 | $0.00 | $1.10 | $0.00 | $0.00 | $1.14 | $0.00 | $0.00 | $1.21 | $4.53 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.90 | $0.00 | $0.92 | $0.00 | $0.00 | $0.95 | $0.00 | $0.00 | $1.01 | $3.78 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.75 | $0.00 | $0.77 | $0.00 | $0.00 | $0.79 | $0.00 | $0.00 | $0.84 | $3.15 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.62 | $0.00 | $0.64 | $0.00 | $0.00 | $0.66 | $0.00 | $0.00 | $0.70 | $2.62 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.51 | $0.00 | $0.53 | $0.00 | $0.00 | $0.55 | $0.00 | $0.00 | $0.58 | $2.17 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.42 | $0.00 | $0.44 | $0.00 | $0.00 | $0.46 | $0.00 | $0.00 | $0.49 | $1.81 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.32 | $0.00 | $0.34 | $0.00 | $0.00 | $0.36 | $0.00 | $0.00 | $0.38 | $1.40 |
| 2013 | $0.26 | $0.00 | $0.27 | $0.00 | $0.00 | $0.28 | $0.00 | $0.00 | $0.29 | $1.10 |
Dividend Yield & Payout
Dividend Yield
Payout Ratio
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the American Tower Corporation. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the American Tower Corporation was 98.70%, occurring on Oct 9, 2002. Recovery took 2100 trading sessions.
The current American Tower Corporation drawdown is 26.64%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -98.7% | Mar 13, 2000 | 647 | Oct 9, 2002 | 2100 | Feb 10, 2011 | 2747 |
| -51.79% | Jul 24, 1998 | 55 | Oct 9, 1998 | 54 | Dec 28, 1998 | 109 |
| -45.34% | Sep 9, 2021 | 521 | Oct 4, 2023 | — | — | — |
| -42.26% | Jan 20, 1999 | 195 | Oct 26, 1999 | 35 | Dec 15, 1999 | 230 |
| -30.29% | Feb 14, 2020 | 26 | Mar 23, 2020 | 13 | Apr 9, 2020 | 39 |
Volatility
Volatility Chart
The current American Tower Corporation volatility is 10.19%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Financials
Financial Performance
Valuation
The Valuation section provides an assessment of the market value of American Tower Corporation compared to its peers in the REIT - Specialty industry.
PE Ratio
The chart displays the price to earnings (P/E) ratio for AMT in comparison to other companies of the REIT - Specialty industry. Currently, AMT has a PE value of 48.8. This PE ratio is much higher than those of other companies of the industry. This might be an indicator of the company being overvalued.PEG Ratio
The chart displays the price to earnings to growth (PEG) ratio for AMT in comparison to other companies of the REIT - Specialty industry. Currently, AMT has a PEG value of 1.2. This PEG ratio falls in the average range for the industry.Historical P/E Ratio Chart
The chart below displays the historical trend of the price-to-earnings (P/E) ratio for American Tower Corporation.
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Income Statement
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