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
DateValue
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%