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) P/S ratio

Alert me on P/S ratio

As of 16 October 2026, American Tower Corporation (AMT) trades at a P/S ratio of 7.9×. Over the past ten years it has ranged from 6.9× (October 2026) to 15.9× (September 2021); the current reading is higher than 8% of that period. That is above the Reit Specialty industry median of 5.9× and above the Real Estate sector median of 2.9×.

P/S ratio, daily

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Annual newest first

Period P/S ratio Change
FY2025 7.7× (8.75%)
FY2024 8.5× (16.96%)
FY2023 10.2× (0.84%)
FY2022 10.3× (27.22%)
FY2021 14.1× 13.98%
FY2020 12.4× (7.66%)
FY2019 13.4× 43.47%
FY2018 9.3× 3.07%
FY2017 9.1× 16.26%
FY2016 7.8× (8.36%)

Quarterly newest first

Period P/S ratio Change
Jun 2026 7.0× (6.33%)
Mar 2026 7.4× (3.65%)
Dec 2025 7.7× (10.41%)
Sep 2025 8.6× (14.59%)
42 more quarters

Against its own ten years

Low 6.9× High 15.9×
Ten-year median 9.5×
Current reading's percentile 9

P/S ratio against peers

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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