AMT

American Tower Corporation

Fundamental data last updated:June 10, 2026

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company profile

SECTOR

Real Estate

industry

REIT - Specialty

Exchange

NYSE

County of HQ

US

Next Earnings Date

08/04/2026

Business Summary

American Tower Corporation, a prominent global Real Estate Investment Trust (REIT), stands as a premier independent entity specializing in the ownership, operation, and development of shared telecommunications infrastructure. The company manages an extensive portfolio of approximately 219,000 communication sites worldwide. For additional details, including earnings materials and investor presentations, please visit their investor relations website at www.americantower.com.

 


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VALUATION

P/E

30.91

Market Cap ($M USD)

$88.91B

Forward P/E

21.05

PEG

0.45

PRICE TO SALES

8.22

PRICE TO BOOK

24.36

EV / EBITDA

19.76

5-Year Average P/E

Free Cash Flow Yield

4.24%

DCF Value

$236.19

Graham Number

$32.99

Price to FCF

23.58

EV to FCF

35.16

Earnings Yield

3.23%

FCF Yield

4.24%

DIVIDEND

Yield

2.67%

Annual Payout

$5.10

Payout Ratio

83.00%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

$6.17

Next Year EPS Growth Estimate

$9.07

Next Year Revenue Growth Estimate

$1.32T

Return on Equity (ROE)

76.90%

FREE CASH FLOW

Operating Margin

44.24%

Debt-to-Equity

12.31

Piotroski F-Score

7

Altman Z-Score

1.22

Return on Invested Capital (ROIC)

8.51%

Current Ratio

0.40

Quick Ratio

0.40

Net Debt to EBITDA

6.51

Interest Coverage

4.62

Gross Profit margin

73.37%

FCF PER SHARE

$8.09

REVENUE PER SHARE

$23.21

Analyze AMT on TradingView

Gainseekers Quantitative Analysis

Summary

AMT’s valuation presents a compelling divergence. Recent pricing indicated it traded below its DCF Value, suggesting potential undervaluation. However, the Price/Book ratio is alarmingly high, hinting at market optimism. The Forward P/E ratio is more reasonable, reflecting expected earnings growth, yet the Altman Z-score raises red flags about financial distress. The Earnings Yield is modest, indicating limited immediate income potential, but the market seems to be pricing in future growth.

AI Exposure / Tech Reliance

As a REIT in the specialty sector, AMT is strategically positioned to leverage AI and modern tech shifts. Its infrastructure supports the backbone of digital communication, making it resilient to technological changes. This positioning ensures it remains integral as data consumption and connectivity demands surge.

The Bull Case

For the value-driven investor, AMT offers a robust case. With a strong ROIC of 8.51%, it demonstrates efficient capital allocation. The Piotroski F-Score of 7 signals solid financial health, while a healthy operating margin of 44.24% underscores its pricing power. Despite a modest FCF Yield, its ability to generate consistent cash flow is evident, making it an attractive proposition for those seeking growth at a reasonable price.

The Bear Case

Yet, AMT is not without its pitfalls. The Price/Book ratio of 22.73 is a glaring concern, suggesting the stock is priced for perfection. Its Altman Z-score of 1.15 indicates potential financial vulnerability, and the Debt/Equity ratio is notably high, raising questions about leverage sustainability. Additionally, the stock's proximity to its 52-week low could signal technical weakness, warranting caution.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

Buy

Average Analyst Price Target

$211.00

Institutional Ownership %

1-Year Beta

0.89

Insider Buying % (6 Mo)

Distance to 52-Week High

22.80%

Distance to 52-Week Low

13.49%

EARNINGS SURPRISE %

15.00%

50-DAY SMA

$179.58

200-DAY SMA

$183.14

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.