American Tower (AMT) Return on Capital Employed (2009 - 2026)
American Tower (AMT) posted Return on Capital Employed of 9.01% for Q2 2026, little changed sequentially from 9.03% in Q1 2026, and up 82.0% YoY from 4.95% in Q2 2025.
American Tower (AMT) Return on Capital Employed (2009 - 2026) Analysis & Trends
American Tower has reported Return on Capital Employed for 18 years, with the latest figure at 9.01% in Q2 2026.
- Quarterly Return on Capital Employed rose 82.0% year-over-year to 9.01% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 9.01% (up 82.0% YoY) and the FY2025 annual result came in at 8.78%, up 78.0% from the prior year.
- Return on Capital Employed was little changed at 9.01% in Q2 2026 per AMT's latest filing, from 9.03% in the prior quarter.
- Over five years, Return on Capital Employed peaked at 9.03% in Q1 2026 and troughed at 4.59% in Q3 2022.
- A 5-year average of 6.56% and a median of 6.17% in 2024 frame the typical range for Return on Capital Employed.
- The sharpest annual moves came in 2022 and 2024: Return on Capital Employed plunged 194 bps in 2022, then soared 290 bps in 2024.
- Over 5 years, Return on Capital Employed stood at 4.68% in 2022, then grew by 14 bps to 5.33% in 2023, then surged by 54 bps to 8.23% in 2024, then gained by 4 bps to 8.56% in 2025, then gained by 5 bps to 9.01% in 2026.
- According to Business Quant data, Return on Capital Employed over the past three periods registered 9.01%, 9.03%, and 8.56% for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 105.43 Bn | 103.20 Bn | 1.40 Bn | 5.75% |
| 2 | American Tower | 82.28 Bn | 80.52 Bn | 2.72 Bn | 9.01% |
| 3 | Digital Realty Trust | 67.84 Bn | 65.98 Bn | - | - |
| 4 | Iron Mountain | 36.35 Bn | 36.14 Bn | 1.07 Bn | 7.54% |
| 5 | Crown Castle | 32.70 Bn | 31.66 Bn | 989.00 Mn | 8.56% |
| 6 | Sba Communications | 19.48 Bn | 19.48 Bn | 539.27 Mn | 18.50% |
| 7 | Weyerhaeuser | 17.60 Bn | 17.07 Bn | 311.00 Mn | 5.43% |
| 8 | Lamar Advertising | 15.23 Bn | 15.16 Bn | 422.53 Mn | 11.99% |
| 9 | Gaming & Leisure Properties | 12.44 Bn | 12.44 Bn | - | - |
| 10 | Rayonier | 6.35 Bn | 5.93 Bn | 75.67 Mn | 0.78% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 9.01% |
| 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% |