American Tower Corporation AMT
- Market cap
- $78.0B
- P/E
- 23.2×
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American Tower Corporation (AMT) EV/EBITDA
As of 25 September 2026, American Tower Corporation (AMT) trades at a EV/EBITDA of 16.2×. Over the past ten years it has ranged from 15.8× (July 2026) to 32.8× (September 2021); the current reading is higher than 1% of that period. That is in line with the Reit Specialty industry median of 16.2× and above the Real Estate sector median of 15.2×.
EV/EBITDA, daily
Annual
| Period | EV/EBITDA | Change |
|---|---|---|
| FY2025 | 17.0× | (5.38%) |
| FY2024 | 17.9× | (19.17%) |
| FY2023 | 22.2× | 0.46% |
| FY2022 | 22.1× | (29.73%) |
| FY2021 | 31.4× | 18.83% |
| FY2020 | 26.4× | (4.29%) |
| FY2019 | 27.6× | 24.80% |
| FY2018 | 22.1× | 3.76% |
| FY2017 | 21.3× | 15.54% |
| FY2016 | 18.5× | (6.32%) |
Quarterly
| Period | EV/EBITDA | Change |
|---|---|---|
| Jun 2026 | 15.9× | (4.93%) |
| Mar 2026 | 16.7× | (1.62%) |
| Dec 2025 | 17.0× | (7.23%) |
| Sep 2025 | 18.3× | (11.14%) |
| 42 more quarters | Free account |
Against its own ten years
EV/EBITDA against peers
| Company | EV/EBITDA |
|---|---|
| GLPI Gaming and Leisure Properties, Inc. compare | 11.4× |
| WY Weyerhaeuser Company compare | 14.3× |
| AMT American Tower Corporation | 16.2× |
| LAMR Lamar Advertising Company compare | 16.7× |
| CCI Crown Castle Inc. compare | 17.2× |
| SBAC SBA Communications Corporation compare | 17.5× |
| IRM Iron Mountain Incorporated compare | 19.8× |
| EQIX Equinix, Inc. compare | 27.3× |
| DLR Digital Realty Trust, Inc. compare | 38.8× |
| Reit Specialty industry median | 16.2× |
| Real Estate sector median | 15.2× |
| Market median | 11.0× |
What EV/EBITDA is
Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)
More on AMT
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement