Is AMERICAN TOWER CORP /MA/ (AMT) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 50.9% / 30% | 1.7% / 30% | 1.0% / 30% | 1.26% / 5% | ✗ NOT HALAL |
| DJIM | 50.9% / 33% | 1.7% / 33% | 1.0% / 33% | 1.26% / 5% | ✗ NOT HALAL |
| MSCI | 71.2% / 33% | 2.3% / 33% | 1.4% / 33% | 1.26% / 5% | ✗ NOT HALAL |
| S&P | 50.9% / 33% | 1.7% / 33% | 1.0% / 33% | 1.26% / 5% | ✗ NOT HALAL |
| FTSE | 71.2% / 33% | 2.3% / 33% | 1.4% / 50% | 1.26% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 74.2% | |
| Operating Margin | 44.9% | |
| Net Margin | 23.8% | |
| Return on Equity (ROE) | 26.3% | |
| Return on Assets (ROA) | 4.9% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $5.5B |
| Free Cash Flow | $3.8B |
| Total Debt | $45.0B |
| Debt-to-Equity | 434.2 |
| Current Ratio | 0.4 |
| Total Assets | $63.2B |
Price & Trading
| Last Close | $168.92 |
| 50-Day MA | $181.50 |
| 200-Day MA | $192.23 |
| Avg Volume | 3.1M |
| Beta | 0.9 |
|
52-Week Range
$165.08
| |
About AMERICAN TOWER CORP /MA/ (AMT)
American Tower Corporation is one of the largest global real estate investment trusts. It is a leading independent owner, operator and developer of multitenant communications real estate. The Company's primary business is the leasing of space on communications sites to wireless service providers, radio and television broadcast companies, wireless data providers, government agencies and municipalities and tenants in a few other industries. The Company refers to this business, inclusive of its data center business discussed below, as its property operations. Additionally, the Company offers tower-related services in the United States, which the Company refers to as its services operations. These services include site application, zoning and permitting, structural and mount analyses, and construction management services, together with program management offerings that support customer deployment needs from project scoping through construction. The Company's services operations primarily support the Company's site leasing business, including through the addition of new tenants and equipment on its sites. The Company's customers include its tenants, licensees and other payers. American Tower Corporation was incorporated in 1995 in Delaware, USA.
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Frequently Asked Questions
Is AMERICAN TOWER CORP /MA/ (AMT) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), AMERICAN TOWER CORP /MA/ is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is AMERICAN TOWER CORP /MA/'s debt ratio?
AMERICAN TOWER CORP /MA/'s debt ratio is 50.9% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 71.2%.
What are AMERICAN TOWER CORP /MA/'s key financial metrics?
AMERICAN TOWER CORP /MA/ has a market capitalization of $79.4B, trailing P/E ratio of 31.3, and revenue of $10.6B. The company maintains a gross margin of 74.2% and a net margin of 23.8%. Return on equity stands at 26.3%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.