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) Revenue growth

Alert me on Revenue growth

American Tower Corporation's revenue growth over the twelve months to 30 June 2026 was 6.65%, up 1.5 percentage points from fiscal 2025 (5.11%). Over the past ten years it has ranged from 1.15% (fiscal 2024) to 21.3% (fiscal 2016); the current reading is higher than 45% of that period. That is above the Reit Specialty industry median of 5.36% and above the Real Estate sector median of 4.40%.

Revenue growth, annual

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Annual newest first

Period Revenue growth Change (points)
FY2025 5.11% 3.96
FY2024 1.15% (2.65)
FY2023 3.80% 0.72
FY2022 3.08% (13.28)
FY2021 16.4% 10.28
FY2020 6.08% 4.20
FY2019 1.88% (9.77)
FY2018 11.7% (3.53)
FY2017 15.2% (6.08)
FY2016 21.3% 4.88

Quarterly newest first

Period Revenue growth Change (points)
Jun 2026 4.65% (2.17)
Mar 2026 6.82% (0.63)
Dec 2025 7.45% (0.29)
Sep 2025 7.74% 4.51
42 more quarters

Against its own ten years

Low 1.15% High 21.3%
Ten-year median 6.08%
Current reading's percentile 45

Revenue growth against peers

Company Revenue growth
DLR Digital Realty Trust, Inc. compare 17.4%
IRM Iron Mountain Incorporated compare 17.4%
EQIX Equinix, Inc. compare 9.64%
AMT American Tower Corporation 6.65%
GLPI Gaming and Leisure Properties, Inc. compare 5.76%
SBAC SBA Communications Corporation compare 5.36%
LAMR Lamar Advertising Company compare 4.39%
WY Weyerhaeuser Company compare −2.62%
CCI Crown Castle Inc. compare −4.56%
Reit Specialty industry median 5.36%
Real Estate sector median 4.40%
Market median 7.41%

What Revenue growth is

Revenue Growth shows how fast a company’s sales are rising or falling compared with the same period a year earlier.

(Revenue − Revenue a year earlier) ÷ |Revenue a year earlier|

The full definition of Revenue growth →

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