American Tower (AMT) Return on Capital Employed (2009 - 2026)
American Tower (AMT) reported Return on Capital Employed of 9.03% for Q1 2026, up 65.0% on a YoY basis from 5.47% in Q1 2025, and up 5.53% sequentially from 8.56% in Q4 2025.
American Tower (AMT) Return on Capital Employed (2009 - 2026) Analysis & Trends
American Tower (AMT) has 18 years of Return on Capital Employed data on file, last reported at 9.03% in Q1 2026.
- For the quarter ending Q1 2026, Return on Capital Employed rose 65.0% year-over-year to 9.03%; the trailing twelve-month figure through Mar 2026 stood at 9.03% (up 65.0% YoY), and the FY2025 full-year result was 8.78%, up 78.0% from the prior year.
- Return on Capital Employed advanced to 9.03% in Q1 2026, from 8.56% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 9.03% in Q1 2026 to a low of 4.59% in Q3 2022.
- A 5-year average of 6.41% and a median of 5.9% in 2024 frame the typical range for Return on Capital Employed.
- Across the five-year window, Return on Capital Employed slumped 194 bps in 2022 and jumped 290 bps in 2024, its largest moves.
- Tracing AMT's Return on Capital Employed over 5 years: stood at 4.68% in 2022, then gained by 14 bps to 5.33% in 2023, then surged by 54 bps to 8.23% in 2024, then grew by 4 bps to 8.56% in 2025, then advanced by 6 bps to 9.03% in 2026.
- Business Quant data shows AMT's Return on Capital Employed at 9.03% in Q1 2026, 8.56% in Q4 2025, and 8.24% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 102.00 Bn | 98.94 Bn | 1.26 Bn | 5.47% |
| 2 | American Tower | 76.76 Bn | 83.27 Bn | 2.70 Bn | 9.03% |
| 3 | Digital Realty Trust | 61.91 Bn | 61.08 Bn | - | - |
| 4 | Iron Mountain | 37.06 Bn | 37.09 Bn | 1.05 Bn | 7.00% |
| 5 | Crown Castle | 32.50 Bn | 32.44 Bn | 23.00 Mn | 7.55% |
| 6 | Sba Communications | 18.50 Bn | 18.59 Bn | 532.10 Mn | 16.27% |
| 7 | Weyerhaeuser | 17.05 Bn | 16.75 Bn | 318.00 Mn | 5.17% |
| 8 | Lamar Advertising | 15.99 Bn | 15.96 Bn | 344.69 Mn | 11.78% |
| 9 | Gaming & Leisure Properties | 12.58 Bn | 12.98 Bn | - | - |
| 10 | Rayonier | 6.43 Bn | 5.79 Bn | 46.45 Mn | 0.72% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 9.03% |
| Dec 31, 2025 | 8.56% |
| Sep 30, 2025 | 8.24% |
| Jun 30, 2025 | 8.19% |
| Mar 31, 2025 | 8.38% |
| Dec 31, 2024 | 8.23% |
| Sep 30, 2024 | 7.07% |
| Jun 30, 2024 | 6.44% |
| Mar 31, 2024 | 5.90% |
| Dec 31, 2023 | 5.33% |
| Sep 30, 2023 | 5.20% |
| Jun 30, 2023 | 4.72% |
| Mar 31, 2023 | 4.64% |
| Dec 31, 2022 | 4.68% |
| Sep 30, 2022 | 4.59% |
| Jun 30, 2022 | 4.82% |
| Mar 31, 2022 | 5.00% |
| Dec 31, 2021 | 5.58% |
| Sep 30, 2021 | 5.97% |
| Jun 30, 2021 | 6.67% |