Company American Tower Corporation

Equities

AMT

US03027X1000

Specialized REITs

Market Closed - Nyse 04:00:02 2024-04-26 pm EDT 5-day change 1st Jan Change
171.7 USD -0.70% Intraday chart for American Tower Corporation +0.23% -20.47%

Business Summary

American Tower Corporation specializes in owning, developing and operating of wireless and broadcast communications infrastructure. Net sales break down by activity as follows:

- rental and management of communications sites (98.7%): wireless towers (224,502 towers owned at the end of 2023), broadcast towers and distributed antenna systems (integrated systems in operated in malls and casino/hotel resorts). The group also leases antenna space on communications towers, manages tower sites for third parties and provides rooftop management services;

- network development services (1.3%): providing of tower site acquisition, zoning and permitting services, and structural analysis services to wireless carriers in connection with the installation of communications equipment on towers.

Net sales are distributed geographically as follows: the United States (55.5), Brazil (7.1%), Mexico (5.5%), Latin America (3.6%), Africa (11%), India (10.2%), Europe ( 7%) and others (0.1%).

Number of employees: 5,643

Sales per Business

USD in Million2022Weight2023Weight Delta
United States and Canada Property
46.8 %
5,006 46.7 % 5,216 46.8 % +4.19%
Latin America Property
16.1 %
1,692 15.8 % 1,798 16.1 % +6.29%
Africa Property
11.0 %
1,193 11.1 % 1,226 11.0 % +2.78%
Asia-Pacific Property
10.3 %
1,077 10.1 % 1,151 10.3 % +6.85%
Data Centers
7.5 %
767 7.2 % 835 7.5 % +8.88%
Europe Property
7.0 %
736 6.9 % 776 7.0 % +5.42%
Services
1.3 %
241 2.3 % 143 1.3 % -40.69%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
55.5 %
6,002 56.0 % 6,182 55.5 % +3.01%
India
10.2 %
1,066 9.9 % 1,132 10.2 % +6.22%
Brazil
7.1 %
742 6.9 % 787 7.1 % +6.12%
Mexico
5.5 %
589 5.5 % 612 5.5 % +3.89%
Nigeria
4.4 %
477 4.5 % 495 4.4 % +3.81%
Germany
3.3 %
320 3.0 % 364 3.3 % +13.63%
Spain
2.7 %
315 2.9 % 298 2.7 % -5.43%
Uganda
2.1 %
200 1.9 % 237 2.1 % +18.78%
South Africa
1.4 %
165 1.5 % 158 1.4 % -4.19%
Ghana
1.2 %
144 1.3 % 129 1.2 % -10.94%
Kenya
1.1 %
123 1.1 % 120 1.1 % -2.52%
Colombia
1.0 %
106 1.0 % 117 1.0 % +10.27%
France
1.0 %
100 0.9 % 113 1.0 % +13.86%
Chile
1.0 %
92 0.9 % 106 1.0 % +15.80%
Peru
0.8 %
85 0.8 % 91 0.8 % +7.56%
Niger
0.4 %
42 0.4 % 48 0.4 % +14.96%
Argentina
0.4 %
39 0.4 % 44 0.4 % +11.73%
Burkina Faso
0.3 %
41 0.4 % 38 0.3 % -7.52%
Costa Rica
0.2 %
24 0.2 % 25 0.2 % +3.35%
Paraguay
0.1 %
15 0.1 % 16 0.1 % +5.84%
Canada
0.1 %
13 0.1 % 12 0.1 % -6.40%
Philippines
0.1 %
5 0.0 % 9 0.1 % +67.92%
Bangladesh
0.1 %
4 0.0 % 6 0.1 % +46.15%
Australia
0.0 %
2 0.0 % 3 0.0 % +44.44%
New Zealand
0.0 %
0 0.0 % 2 0.0 % +433.33%
Poland
0.0 %
1 0.0 % 1 0.0 % -40.00%

Managers

Managers TitleAgeSince
Chief Executive Officer - 99-12-31
Director of Finance/CFO 58 09-09-30
Chief Administrative Officer - 11-06-30
Chief Tech/Sci/R&D Officer 63 17-08-31
Investor Relations Contact - -
Corporate Officer/Principal - -
Corporate Officer/Principal - 16-04-30
Corporate Officer/Principal - 21-02-28
Corporate Officer/Principal - 18-12-31
Corporate Officer/Principal - 13-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 68 14-12-13
Chairman 74 02-02-28
Director/Board Member 66 03-01-31
Director/Board Member 68 07-04-30
Director/Board Member 78 05-07-31
Director/Board Member 65 19-09-12
Director/Board Member 80 15-10-14
Director/Board Member 63 17-06-13
Chief Executive Officer - 99-12-31
Director/Board Member 61 21-12-14

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 477,965,925 466,027,220 ( 97.50 %) 11,004,000 ( 2.302 %) 97.50 %

Shareholders

NameEquities%Valuation
Vanguard Fiduciary Trust Co.
13.09 %
61,025,115 13.09 % 12 058 M $
BlackRock Advisors LLC
6.095 %
28,425,704 6.095 % 5 617 M $
20,846,001 4.470 % 4 119 M $
Cohen & Steers Capital Management, Inc.
3.525 %
16,440,715 3.525 % 3 249 M $
Wellington Management Co. LLP
3.393 %
15,823,622 3.393 % 3 127 M $
Geode Capital Management LLC
2.237 %
10,430,608 2.237 % 2 061 M $
Eaton Vance Management
1.577 %
7,356,254 1.577 % 1 454 M $
The Ayco Co. LP
1.556 %
7,255,573 1.556 % 1 434 M $
DWS Investment Management Americas, Inc.
1.554 %
7,246,092 1.554 % 1 432 M $
Fidelity Management & Research Co. LLC
1.535 %
7,158,045 1.535 % 1 414 M $
NameEquities%Valuation
Caixa DTVM SA
0.001467 %
164,450 0.001467 % 1 M $
Bram Bradesco Asset Management S/A DTVM
0.000093 %
10,470 0.000093 % 86 010 $

Holdings

NameEquities%Valuation
2,500,000 2.04% 7,250,000 $

Company contact information

American Tower Corp.

116 Huntington Avenue 11th floor

02116, Boston

+617 375 7500

http://www.americantower.com
address American Tower Corporation(AMT)

Group companies

NameCategory and Sector
Wireless Telecommunications
Investment Managers
Real Estate Development
Financial Conglomerates

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
A
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
21
Last Close Price
172.9 USD
Average target price
227.4 USD
Spread / Average Target
+31.53%
Consensus
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