American Tower Corporation (AMT) Return on Invested Capital (ROIC): 6.67%
Is American Tower Corporation’s return on invested capital (ROIC) high or low?
American Tower Corporation's return on invested capital (ROIC) of 6.67% is 23% above its 5-year average of 5.44%, near the high end of its 5-year range (4.04%–6.97%).
As of Thursday, June 11, 2026. 2.20% below its 12-month average of 6.82%.
AMT Return on Invested Capital (ROIC) Chart
AMT Average Return on Invested Capital (ROIC) Chart
AMT Current vs Average Return on Invested Capital (ROIC) Chart
AMT Return on Invested Capital (ROIC) Metrics
RETURN ON INVESTED CAPITAL (ROIC)
6.67%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
6.82%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
5.60%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
5.44%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
5.64%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
5.80%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
5.18%
CURRENT VS TTM AVG
-2.20%
CURRENT VS 3Y AVG
+19.21%
CURRENT VS 5Y AVG
+22.57%
CURRENT VS 10Y AVG
+18.22%
CURRENT VS 15Y AVG
+15.07%
CURRENT VS 20Y AVG
+28.84%
AMT Competitors' Return on Invested Capital (ROIC)
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| American Tower Corporation (AMT) | $87.87B | 6.67% | 6.82% | 5.60% | 5.44% |
| Equinix, Inc. (EQIX) | $103.00B | 4.36% | 3.85% | 3.82% | 3.61% |
| Simon Property Group, Inc. (SPG) | $69.34B | 8.55% | 9.56% | 9.08% | 8.33% |
| Digital Realty Trust, Inc. (DLR) | $63.56B | 1.30% | 1.16% | 1.23% | 1.39% |
| Realty Income Corporation (O) | $58.04B | 24.52% | 13.86% | 8.28% | 6.49% |
| Public Storage (PSA) | $56.55B | 11.50% | 11.48% | 11.91% | 11.67% |
| Crown Castle Inc. (CCI) | $40.04B | 6.81% | -1.27% | 2.54% | 3.39% |
| Prologis, Inc. (PLD) | $136.28B | 3.60% | 4.08% | 3.98% | 4.14% |
| VICI Properties Inc. (VICI) | $30.59B | 7.92% | 7.91% | 6.98% | 6.96% |
| Welltower Inc. (WELL) | $149.77B | 0.54% | 1.42% | 1.73% | 1.90% |
Capital Efficiency
ROIC
6.7%
ROE
78.8%
American Tower Corporation Return on Invested Capital (ROIC) Formula & Definition
ROIC = NOPAT / Invested Capital
Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
American Tower Corporation Return on Invested Capital (ROIC) FAQ
- What is the return on invested capital (ROIC) for American Tower Corporation (AMT)?
- The return on invested capital (ROIC) for AMT stock is 6.67%.
- Is American Tower Corporation's return on invested capital (ROIC) high or low?
- American Tower Corporation's return on invested capital (ROIC) of 6.67% is 23% above its 5-year average of 5.44%, near the high end of its 5-year range (4.04%–6.97%).
- What is the TTM average return on invested capital (ROIC) for American Tower Corporation (AMT)?
- The TTM average return on invested capital (ROIC) for AMT stock is 6.82%.
- What is the 3Y average return on invested capital (ROIC) for American Tower Corporation (AMT)?
- The 3Y average return on invested capital (ROIC) for AMT stock is 5.60%.
- What is the 5Y average return on invested capital (ROIC) for American Tower Corporation (AMT)?
- The 5Y average return on invested capital (ROIC) for AMT stock is 5.44%.
- What is the 10Y average return on invested capital (ROIC) for American Tower Corporation (AMT)?
- The 10Y average return on invested capital (ROIC) for AMT stock is 5.64%.
- What is the 15Y average return on invested capital (ROIC) for American Tower Corporation (AMT)?
- The 15Y average return on invested capital (ROIC) for AMT stock is 5.80%.
- What is the 20Y average return on invested capital (ROIC) for American Tower Corporation (AMT)?
- The 20Y average return on invested capital (ROIC) for AMT stock is 5.18%.
American Tower Corporation Return on Invested Capital (ROIC) History
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2025-12-31 | 6.67% |
| 2024-12-31 | 6.97% |
| 2023-12-31 | 4.70% |
| 2022-12-31 | 4.04% |
| 2021-12-31 | 4.30% |
| 2020-12-31 | 5.97% |
| 2019-12-31 | 6.60% |
| 2018-12-31 | 6.13% |
| 2017-12-31 | 6.19% |
| 2016-12-31 | 5.42% |
| 2015-12-31 | 5.07% |
| 2014-12-31 | 6.80% |
| 2013-12-31 | 5.56% |
| 2012-12-31 | 7.02% |
| 2011-12-31 | 5.98% |
| 2010-12-31 | 5.32% |
| 2009-12-31 | 4.65% |
| 2008-12-31 | 4.87% |
| 2007-12-31 | 2.95% |
| 2006-12-31 | 1.42% |
| 2005-12-31 | 2.09% |
| 2004-12-31 | 1.06% |
| 2003-12-31 | 0.48% |
| 2002-12-31 | -1.49% |
| 2001-12-31 | -2.31% |
| 2000-12-31 | -1.44% |
| 1999-12-31 | -1.42% |
| 1998-12-31 | -1.81% |
| 1997-12-31 | 0.29% |
Related Metrics
About American Tower Corporation
American Tower Corporation, a prominent global Real Estate Investment Trust (REIT), stands as a premier independent entity specializing in the ownership, operation, and development of shared telecommunications infrastructure. The company manages an extensive portfolio of approximately 219,000 communication sites worldwide. For additional details, including earnings materials and investor presentations, please visit their investor relations website at www.americantower.com.
- Sector
- Real Estate
- Industry
- REIT - Specialty
- CEO
- Steven O. Vondran