AMTAmerican Tower
Is the business good?
The checks split: margins widening, but returns that lean on debt.
Negative operating leverage, costs are rising faster than sales, squeezing margins as it grows.
Leverage-amplified, a high assets-to-equity ratio does much of the work. ROE 82% = margin × turnover × leverage.
All from derived.
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.
Customers and suppliers
Who buys from AMT and who it buys from, as the companies report it.
- TMUST-Mobile US, Inc.18%
Share of revenue · FY2025 10-K
- TAT&T17%
Share of revenue · FY2025 10-K
- VZVerizon14%
Share of revenue · FY2025 10-K
- Telefónica10%
Share of revenue · FY2025 10-K
- Four customers59%
Combined share of revenue · FY2025 10-K
None disclosed.
A company has to disclose every customer behind 10% or more of its revenue. Each share comes from the latest annual report of the company that states it and shows on both companies’ pages; AMT’s own figures are from its FY2025 10-K. Smaller customers and suppliers go unreported.
REIT, Specialty
The closest names by size in the same industry