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Friday 6 November 2026 Export AMT’s income statement to Excel — free account

American Tower Corporation

AMT Real Estate Reit Specialty

American Tower Corporation’s revenue for fiscal 2025 (year ended December 2025) was $10.6 billion, up 5.11% from fiscal 2024.

Revenue
+2.50%
EPS
−7.80%
Free cash flow
+0.09%
Total debt
+0.91%

Quarter to September 2026, against a year earlier

193.46 0.53 −0.27%
Market cap
$90.0B
P/E
27.1×
Fwd P/E
27.0×
Dividend yield
3.65%
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

American Tower Corporation (AMT) EV/Sales

Alert me on EV/Sales

As of 5 November 2026, American Tower Corporation (AMT) trades at a EV/Sales of 11.4×. Over the past ten years it has ranged from 10.0× (October 2026) to 19.8× (September 2021); the current reading is higher than 10% of that period. That is above the Reit Specialty industry median of 8.5× and above the Real Estate sector median of 7.5×.

EV/Sales, daily

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Annual newest first

Period EV/Sales Change
FY2025 11.1× (6.67%)
FY2024 11.9× (14.56%)
FY2023 13.9× (1.32%)
FY2022 14.1× (23.95%)
FY2021 18.5× 17.05%
FY2020 15.8× (3.55%)
FY2019 16.4× 36.29%
FY2018 12.0× 0.49%
FY2017 12.0× 10.29%
FY2016 10.8× (9.68%)

Quarterly newest first

Period EV/Sales Change
Sep 2026 10.1× (0.41%)
Jun 2026 10.2× (4.98%)
Mar 2026 10.7× (3.06%)
Dec 2025 11.1× (7.61%)
43 more quarters

Against its own ten years

Low 10.0× High 19.8×
Ten-year median 12.9×
Current reading's percentile 11

EV/Sales against peers

Company EV/Sales
WY Weyerhaeuser Company compare 3.0×
IRM Iron Mountain Incorporated compare 6.4×
LAMR Lamar Advertising Company compare 8.2×
AMT American Tower Corporation 11.4×
GLPI Gaming and Leisure Properties, Inc. compare 11.5×
SBAC SBA Communications Corporation compare 11.5×
EQIX Equinix, Inc. compare 11.8×
DLR Digital Realty Trust, Inc. compare 11.8×
CCI Crown Castle Inc. compare 13.8×
Reit Specialty industry median 8.5×
Real Estate sector median 7.5×
Market median 2.1×

What EV/Sales is

EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.

((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)) ÷ Revenue (TTM)

The full definition of EV/Sales →

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