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5 Lean, Mean Profit Machines

These companies squeeze plenty of profits from their workers

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American Tower

American Tower NYSE:AMTEmployees: 1,198
Profit Per Employee: $208,207

American Tower (NYSE:AMT) is a wireless and broadcast communications infrastructure company that owns, operates and develops communications sites, and leases antenna space on these sites to wireless service providers, radio and television broadcast companies, wireless data providers and governmental entities, among other customers.

With the growth of wireless, AMT has built a $2 billion business and a market cap of $28 billion as the owner or manager of 49,000 sites. Wall Street has taken notice, ginning shares up 20% year-to-date at a valuation of around 60 times earnings.

As a holding company, AMT’s profit per employee is helped by needing only a small work force to run its management and rental operations.

Article printed from InvestorPlace Media, http://investorplace.com/2012/10/5-lean-mean-profitability-machines-hst-mbi-goog-gild-df-nur-amt/.

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