American Tower Corp. AMT
Real Estate Investment Trusts · data as of November 13, 2026
American Tower Corp. (AMT) is a real estate company listed in the US with a market value of about $88.9B. In the twelve months to September 30, 2026 it had revenue of $11.0B and net income of $3.3B, a net margin of 30.1%.
Its overall Stock Analiz score is 1.8 out of 5 (weak). The strongest part is shareholder returns (4/5); the weakest is value (0/5).
Key numbers: a P/E of 27.0, a price to free cash flow of 22.4, 5-year revenue growth of 6% a year, a 5-year average ROIC of 7%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 7% below the current price.
Score: 1.8 / 5
Checks passed
- Profit margin improving
- 3-year free cash flow growth above 10% a year
- Profitable 5 years in a row
- ROE above 15%
- Positive free cash flow
- Pays a dividend
- 20% to 100% of free cash flow returned to shareholders
- Dividend 3 years in a row
Checks not passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- Strong R&D investment or growth above 20%
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $11.0B | $10.6B | $10.1B | $10.0B | $9.6B | $9.4B | $8.0B | $7.6B | $7.4B | $6.7B | $5.8B |
| Net income | $3.3B | $2.5B | $2.3B | $1.5B | $1.8B | $2.6B | $1.7B | $1.9B | $1.2B | $1.2B | $956M |
| Free cash flow | $4.0B | $3.8B | $3.7B | $2.9B | $1.8B | $3.4B | $2.8B | $2.8B | $2.8B | $2.1B | $2.0B |
| EPS (diluted) | $7.10 | $5.40 | $4.82 | $3.18 | $3.82 | $5.66 | $3.79 | $4.24 | $2.77 | $2.67 | $1.98 |
| Net margin | 30.1% | 23.8% | 22.3% | 14.8% | 18.3% | 27.4% | 21.0% | 24.9% | 16.6% | 18.6% | 16.5% |
| ROIC | — | 8.6% | 8.6% | 5.8% | 4.9% | 5.0% | 6.6% | 5.9% | 5.7% | 7.4% | 6.3% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 23 analysts is $215.83, 13% above the current price; targets range from $188.00 to $260.00; the consensus rating is “none”; expected EPS is $6.99 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is American Tower’s P/E ratio?
About 27.0, based on the last twelve months of diluted earnings per share (forward P/E about 27.9).
Is American Tower stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 7% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does American Tower pay a dividend?
Yes. The dividend yield is about 3.74%, and it has paid dividends for 10 years in our data.
Is American Tower a good stock to buy?
We do not give buy or sell advice. American Tower scores 1.8 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.