American Tower Corp
AMTCompany Overview
American Tower Corp. provides real estate investment services, and owns, operates, and develops multi-tenant real estate properties. It operates through the following segments: U.S. & Canada, Asia-Pacific, Europe, Africa Latin America, and Services. The Asia-Pacific segment refers to the operations in Australia and India. The Europe segment consists of France, Germany, and Poland. The Africa segment consists of Burkina Faso, Ghana, Kenya, Niger, Nigeria, South Africa, and Uganda. The Latin America segment includes operations in Argentina, Brazil, Chile, Colombia, Costa Rica, Mexico, Paraguay, and Peru. The Services segment offers tower-related services in the United States, including site acquisition, zoning & permitting services, and structural analysis services. The company was founded in 1995 and is headquartered in Boston, MA.
Shariah Compliance Benchmarks:
- Business Compliance: Non-Shariah compliant revenue must be less than 5% of total revenue
- Liabilities Compliance: Interest-bearing debt must be less than 33% of market capitalization
This stock does not meet all Shariah compliance criteria according to AAOIFI standards.
| Name | American Tower Corp |
| Ticker | AMT |
| Main Business | REIT—Specialty |
| Type | REIT |
| Industry | REIT—Specialty |
| Country | US |
| Market Cap | $100.88 B |
Shariah Analysis Breakdown
| Revenue Segment | Value ($M) | Non-Compliant ($M) | Reason |
|---|---|---|---|
| Property | $10,470.0 | $0.0 | - |
| Services | $241.1 | $0.0 | - |
| Interest income | $71.6 | $71.6 | - |
| Total | $10,782.7 | $71.6 | 0.66% (passed) |
| Liability Item | Value ($M) | % of Market Cap |
|---|---|---|
| current debt and capital lease obligation | $3,980,000,000.0 | 3.95% |
| long term debt and capital lease obligation | $43,170,000,000.0 | 42.79% |
| Total Interest-Bearing Debt | $47,150,000,000.0 | 46.74% |
| Market Capitalization | $100,878,565,200.0 | 100.00% |
| Compliance Status | Threshold: 33% | failed |