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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

189.85 4.14 −2.13%
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) P/E ratio

Alert me on P/E ratio

As of 5 November 2026, American Tower Corporation (AMT) trades at a P/E ratio of 27.1×. Over the past ten years it has ranged from 22.3× (July 2026) to 142× (December 2023); the current reading is higher than 3% of that period. That is in line with the Reit Specialty industry median of 27.8× and above the Real Estate sector median of 23.6×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 32.5× (14.54%)
FY2024 38.0× (44.81%)
FY2023 68.8× 23.40%
FY2022 55.8× 8.66%
FY2021 51.3× (12.67%)
FY2020 58.8× 9.17%
FY2019 53.8× (5.41%)
FY2018 56.9× 8.86%
FY2017 52.3× (1.02%)
FY2016 52.8× (22.10%)

Quarterly newest first

Period P/E ratio Change
Sep 2026 22.9× 2.06%
Jun 2026 22.5× (19.28%)
Mar 2026 27.8× (14.23%)
Dec 2025 32.5× 5.97%
43 more quarters

Against its own ten years

Low 22.3× High 142×
Ten-year median 56.0×
Current reading's percentile 3

P/E ratio against peers

Company P/E ratio
GLPI Gaming and Leisure Properties, Inc. compare 12.1×
SBAC SBA Communications Corporation compare 20.8×
AMT American Tower Corporation 27.1×
LAMR Lamar Advertising Company compare 27.8×
WY Weyerhaeuser Company compare 34.3×
CCI Crown Castle Inc. compare 47.8×
EQIX Equinix, Inc. compare 59.9×
IRM Iron Mountain Incorporated compare 69.3×
DLR Digital Realty Trust, Inc. compare 70.2×
Reit Specialty industry median 27.8×
Real Estate sector median 23.6×
Market median 17.9×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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