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. In the quarter to June 2026, revenue grew 4.65%, EPS grew 138.5%, free cash flow grew 19.4% and total debt was flat, each against the same quarter a year earlier. Member of the S&P 500; revenue growth for ten consecutive years, operating cash flow growth for three; insiders bought in the last twelve months.

185.44 4.08 +2.25%
Market cap
$84.5B
P/E
25.5×
Fwd P/E
29.7×
Dividend yield
3.81%
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

American Tower Corporation (AMT) EV/Sales

Alert me on EV/Sales

As of 16 October 2026, American Tower Corporation (AMT) trades at a EV/Sales of 11.1×. Over the past ten years it has ranged from 10.1× (October 2026) to 19.8× (September 2021); the current reading is higher than 6% of that period. That is above the Reit Specialty industry median of 8.5× and above the Real Estate sector median of 7.6×.

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
Jun 2026 10.2× (4.98%)
Mar 2026 10.7× (3.06%)
Dec 2025 11.1× (7.61%)
Sep 2025 12.0× (11.45%)
42 more quarters

Against its own ten years

Low 10.1× High 19.8×
Ten-year median 12.9×
Current reading's percentile 7

EV/Sales against peers

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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