American Tower REIT
American Tower, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of over 149,000 communications sites and a highly interconnected footprint of U.S. data center facilities.
American Tower REIT (0HEU) - Net Assets
Latest net assets as of September 2025: $10.77 Billion USD
Based on the latest financial reports, American Tower REIT (0HEU) has net assets worth $10.77 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($63.89 Billion) and total liabilities ($53.12 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $10.77 Billion |
| % of Total Assets | 16.85% |
| Annual Growth Rate | 16.57% |
| 5-Year Change | 101.83% |
| 10-Year Change | 43.74% |
| Growth Volatility | 122.82 |
American Tower REIT - Net Assets Trend (1997–2024)
This chart illustrates how American Tower REIT's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for American Tower REIT (1997–2024)
The table below shows the annual net assets of American Tower REIT from 1997 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $9.65 Billion | -11.20% |
| 2023-12-31 | $10.87 Billion | -12.44% |
| 2022-12-31 | $12.41 Billion | +36.81% |
| 2021-12-31 | $9.07 Billion | +89.72% |
| 2020-12-31 | $4.78 Billion | -27.42% |
| 2019-12-31 | $6.59 Billion | -4.60% |
| 2018-12-31 | $6.90 Billion | -13.20% |
| 2017-12-31 | $7.95 Billion | -1.40% |
| 2016-12-31 | $8.07 Billion | +20.18% |
| 2015-12-31 | $6.71 Billion | +65.61% |
| 2014-12-31 | $4.05 Billion | +12.91% |
| 2013-12-31 | $3.59 Billion | -2.56% |
| 2012-12-31 | $3.68 Billion | +8.04% |
| 2011-12-31 | $3.41 Billion | -2.69% |
| 2010-12-31 | $3.50 Billion | +5.62% |
| 2009-12-31 | $3.32 Billion | +10.69% |
| 2008-12-31 | $3.00 Billion | -0.92% |
| 2007-12-31 | $3.03 Billion | -31.06% |
| 2006-12-31 | $4.39 Billion | -3.26% |
| 2005-12-31 | $4.54 Billion | +207.13% |
| 2004-12-31 | $1.48 Billion | -14.63% |
| 2003-12-31 | $1.73 Billion | -1.47% |
| 2002-12-31 | $1.76 Billion | -39.10% |
| 2001-12-31 | $2.88 Billion | -0.35% |
| 2000-12-31 | $2.89 Billion | +34.34% |
| 1999-12-31 | $2.15 Billion | +96.53% |
| 1998-12-31 | $1.10 Billion | +612.37% |
| 1997-12-31 | $153.83 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to American Tower REIT's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 442123995900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $4.80 Million | 0.14% |
| Other Comprehensive Income | $-5.95 Billion | -176.06% |
| Other Components | $13.76 Billion | 406.72% |
| Total Equity | $3.38 Billion | 100.00% |
American Tower REIT Competitors by Market Cap
The table below lists competitors of American Tower REIT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Seagate Technology PLC
NASDAQ:STX
|
$86.67 Billion |
|
Banco Santander S.A
PINK:BCDRF
|
$86.81 Billion |
|
Intercontinental Exchange Inc
NYSE:ICE
|
$86.83 Billion |
|
Canadian Imperial Bank Of Commerce
NYSE:CM
|
$88.01 Billion |
|
American Tower Corp
NYSE:AMT
|
$86.22 Billion |
|
Hitachi Ltd
PINK:HTHIF
|
$86.13 Billion |
|
Compagnie Financière Richemont SA
PINK:CFRHF
|
$86.13 Billion |
|
Bank of Nova Scotia
NYSE:BNS
|
$85.47 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in American Tower REIT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,198,200,000 to 3,382,200,000, a change of -816,000,000 (-19.4%).
- Net income of 2,255,000,000 contributed positively to equity growth.
- Dividend payments of 3,074,900,000 reduced retained earnings.
- Other comprehensive income decreased equity by 215,100,000.
- Other factors increased equity by 219,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $2.25 Billion | +66.67% |
| Dividends Paid | $3.07 Billion | -90.91% |
| Other Comprehensive Income | $-215.10 Million | -6.36% |
| Other Changes | $219.00 Million | +6.48% |
| Total Change | $- | -19.44% |
Book Value vs Market Value Analysis
This analysis compares American Tower REIT's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 25.61x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 332.46x to 25.61x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | $0.56 | $185.00 | x |
| 1998-12-31 | $13.68 | $185.00 | x |
| 1999-12-31 | $14.32 | $185.00 | x |
| 2000-12-31 | $17.05 | $185.00 | x |
| 2001-12-31 | $14.98 | $185.00 | x |
| 2002-12-31 | $8.90 | $185.00 | x |
| 2003-12-31 | $8.22 | $185.00 | x |
| 2004-12-31 | $6.56 | $185.00 | x |
| 2005-12-31 | $14.96 | $185.00 | x |
| 2006-12-31 | $10.05 | $185.00 | x |
| 2007-12-31 | $7.09 | $185.00 | x |
| 2008-12-31 | $7.15 | $185.00 | x |
| 2009-12-31 | $8.15 | $185.00 | x |
| 2010-12-31 | $8.67 | $185.00 | x |
| 2011-12-31 | $8.20 | $185.00 | x |
| 2012-12-31 | $8.95 | $185.00 | x |
| 2013-12-31 | $8.85 | $185.00 | x |
| 2014-12-31 | $9.88 | $185.00 | x |
| 2015-12-31 | $15.72 | $185.00 | x |
| 2016-12-31 | $15.76 | $185.00 | x |
| 2017-12-31 | $14.46 | $185.00 | x |
| 2018-12-31 | $12.05 | $185.00 | x |
| 2019-12-31 | $11.35 | $185.00 | x |
| 2020-12-31 | $9.18 | $185.00 | x |
| 2021-12-31 | $11.21 | $185.00 | x |
| 2022-12-31 | $12.04 | $185.00 | x |
| 2023-12-31 | $8.99 | $185.00 | x |
| 2024-12-31 | $7.23 | $185.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently American Tower REIT utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 66.67%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 22.27%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 18.06x
- Recent ROE (66.67%) is above the historical average (10.51%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | -1.48% | -12.96% | 0.07x | 1.67x | $-17.59 Million |
| 1998 | -4.29% | -45.24% | 0.07x | 1.38x | $-156.02 Million |
| 1999 | -2.36% | -19.66% | 0.09x | 1.41x | $-265.24 Million |
| 2000 | -6.76% | -26.47% | 0.13x | 1.97x | $-482.33 Million |
| 2001 | -15.69% | -39.68% | 0.17x | 2.38x | $-737.01 Million |
| 2002 | -65.61% | -144.83% | 0.14x | 3.25x | $-1.32 Billion |
| 2003 | -17.73% | -42.43% | 0.13x | 3.12x | $-474.57 Million |
| 2004 | -16.83% | -35.04% | 0.14x | 3.46x | $-394.68 Million |
| 2005 | -3.79% | -18.16% | 0.11x | 1.94x | $-624.25 Million |
| 2006 | 0.63% | 2.09% | 0.15x | 1.96x | $-411.01 Million |
| 2007 | 1.86% | 3.87% | 0.18x | 2.69x | $-245.89 Million |
| 2008 | 11.61% | 21.79% | 0.19x | 2.75x | $48.11 Million |
| 2009 | 7.44% | 14.30% | 0.20x | 2.57x | $-84.91 Million |
| 2010 | 10.65% | 18.78% | 0.19x | 2.96x | $22.79 Million |
| 2011 | 11.96% | 16.07% | 0.20x | 3.73x | $64.34 Million |
| 2012 | 17.84% | 22.16% | 0.20x | 3.94x | $279.97 Million |
| 2013 | 15.60% | 16.40% | 0.17x | 5.74x | $197.92 Million |
| 2014 | 20.86% | 20.12% | 0.19x | 5.40x | $429.55 Million |
| 2015 | 10.30% | 14.36% | 0.18x | 4.04x | $19.91 Million |
| 2016 | 14.14% | 16.53% | 0.19x | 4.57x | $280.04 Million |
| 2017 | 19.85% | 18.59% | 0.20x | 5.32x | $614.75 Million |
| 2018 | 23.17% | 16.62% | 0.23x | 6.19x | $702.79 Million |
| 2019 | 37.34% | 24.90% | 0.18x | 8.47x | $1.38 Billion |
| 2020 | 41.30% | 21.02% | 0.17x | 11.54x | $1.28 Billion |
| 2021 | 50.53% | 27.44% | 0.13x | 13.75x | $2.06 Billion |
| 2022 | 31.69% | 18.31% | 0.14x | 12.06x | $1.21 Billion |
| 2023 | 35.33% | 14.81% | 0.15x | 15.73x | $1.06 Billion |
| 2024 | 66.67% | 22.27% | 0.17x | 18.06x | $1.92 Billion |
Industry Comparison
This section compares American Tower REIT's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| American Tower REIT (0HEU) | $10.77 Billion | -1.48% | 4.93x | $86.35 Billion |
| Nyfosa AB (0A0K) | $3.48 Billion | 34.90% | 2.92x | $966.63 Million |
| Tethys Oil AB (0A1V) | $56.23 Million | 21.07% | 0.01x | $122.95 Million |
| High Templar Tech Limited (0A2T) | $11.29 Billion | 0.81% | 0.10x | $258.25 Million |
| Strategy Inc (0A7O) | $361.50 Million | 1.39% | 0.55x | $38.08 Billion |
| NACON SASU (0A9N) | $210.72 Million | 8.63% | 0.51x | $7.82 Million |
| Antin Infrastructure Partners (0AA5) | $32.26 Million | 152.50% | 1.23x | $545.92 Million |
| Truecaller AB Series B (0AA7) | $1.51 Billion | 34.81% | 0.30x | $277.14 Million |
| Brockhaus Technologies AG (0AAW) | $315.34 Million | 15.55% | 1.46x | $74.17 Million |
| Hyloris Pharmaceuticals S.A. (0AB6) | $-10.19 Million | 0.00% | 0.00x | $71.96 Million |
| Kalray S.A. (0ABT) | $39.07 Million | -59.55% | 1.26x | $33.84 Million |