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American Tower Corporation logo

American Tower Corporation

AMT

NYSEReal EstateREIT - Specialty

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Previous close

$175.8

+$0.08 · +0.05%

Aug 21, 4:00 PM ET

AMT company overview

Historical prices · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

66

Undervalued

Momentum

34

Weakening

Sentiment

57

Mixed

Risk resilience

63

Moderate Risk

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Thesis, catalysts, evidence, and risk analysis.

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AI-generated, informational only, and not investment advice.

Company profile

Industry
REIT - Specialty
Sector
Real Estate
Headquarters
US

Market position

Day range

Current $175.8

52-week range

Current $175.8

Open
$175.79
Previous close
$175.72
Volume
1.75M
Market cap
81.92B USD
50-day average
$171.95
+2.24% above average
200-day average
$177.88
-1.17% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
125.86B USD
P/E (TTM)
24.15×
P/B (TTM)
22.03×
P/S (TTM)
7.49×
EV / EBITDA
20.56×
Earnings yield
3.07%
Free cash flow yield
4.59%
Dividend yield
3.97%

Profitability & efficiency

Gross margin
73.19%
Operating margin
44.40%
Net margin
30.88%
Return on equity
69.26%
Return on assets
4.00%
Return on invested capital
6.67%

Financial health

Debt / equity
12.09×
Current ratio
0.63×
Altman Z-score
1.14
Piotroski F-score
7 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends81%57%33%9%Gross margin, FY2021: 71.34%Gross margin, FY2022: 73.36%Gross margin, FY2023: 74.42%Gross margin, FY2024: 74.58%Gross margin, FY2025: 73.68%Operating margin, FY2021: 33.47%Operating margin, FY2022: 28.39%Operating margin, FY2023: 31.22%Operating margin, FY2024: 44.60%Operating margin, FY2025: 45.85%Net margin, FY2021: 27.44%Net margin, FY2022: 18.31%Net margin, FY2023: 14.81%Net margin, FY2024: 22.27%Net margin, FY2025: 23.76%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 71.34%. Gross margin FY2022 73.36%. Gross margin FY2023 74.42%. Gross margin FY2024 74.58%. Gross margin FY2025 73.68%. Operating margin FY2021 33.47%. Operating margin FY2022 28.39%. Operating margin FY2023 31.22%. Operating margin FY2024 44.60%. Operating margin FY2025 45.85%. Net margin FY2021 27.44%. Net margin FY2022 18.31%. Net margin FY2023 14.81%. Net margin FY2024 22.27%. Net margin FY2025 23.76%.

Income trends

Revenue

10.65B USD+5.11%

Operating income

4.88B USD+8.06%

Net income

2.53B USD+12.19%
Income trends across reported periods11.56B USD7.9B USD4.23B USD567.12M USDRevenue, FY2021: 9.36B USDRevenue, FY2022: 9.65B USDRevenue, FY2023: 10.01B USDRevenue, FY2024: 10.13B USDRevenue, FY2025: 10.65B USDOperating income, FY2021: 3.13B USDOperating income, FY2022: 2.74B USDOperating income, FY2023: 3.13B USDOperating income, FY2024: 4.52B USDOperating income, FY2025: 4.88B USDNet income, FY2021: 2.57B USDNet income, FY2022: 1.77B USDNet income, FY2023: 1.48B USDNet income, FY2024: 2.26B USDNet income, FY2025: 2.53B USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 9.36B USD. Revenue FY2022 9.65B USD. Revenue FY2023 10.01B USD. Revenue FY2024 10.13B USD. Revenue FY2025 10.65B USD. Operating income FY2021 3.13B USD. Operating income FY2022 2.74B USD. Operating income FY2023 3.13B USD. Operating income FY2024 4.52B USD. Operating income FY2025 4.88B USD. Net income FY2021 2.57B USD. Net income FY2022 1.77B USD. Net income FY2023 1.48B USD. Net income FY2024 2.26B USD. Net income FY2025 2.53B USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue10.65B USD10.13B USD10.01B USD9.65B USD9.36B USD
Cost of goods sold2.8B USD2.57B USD2.56B USD2.57B USD2.68B USD
Gross profit7.84B USD7.55B USD7.45B USD7.08B USD6.67B USD
Selling, general, and administrative944.2M USD933.4M USD946M USD902.1M USD811.6M USD
Operating expenses2.96B USD3.04B USD4.33B USD4.34B USD3.54B USD
Interest income93.6M USD135.2M USD118.6M USD49.1M USD40.4M USD
Interest expense1.02B USD1.4B USD1.39B USD1.14B USD870.9M USD
Depreciation and amortization2.06B USD2.12B USD3.09B USD3.36B USD2.33B USD
Operating income4.88B USD4.52B USD3.13B USD2.74B USD3.13B USD
Net income2.53B USD2.26B USD1.48B USD1.77B USD2.57B USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
73%
8 beats, 3 misses, 0 met estimates
Average EPS surprise
-1.55%
11 comparable reports
Latest EPS result
1.86
Estimate 1.57 · Beat by 18.47%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates2.772.071.360.66Q1 '25BeatQ2 '25MissQ3 '25MissQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 25, 2025: actual 2.62, estimate 1.74, surprise +50.57%, Beat. Q2 2025, reported Apr 29, 2025: actual 1.05, estimate 1.61, surprise -34.78%, Miss. Q3 2025, reported Jul 29, 2025: actual 0.78, estimate 1.67, surprise -53.29%, Miss. Q4 2025, reported Oct 28, 2025: actual 1.82, estimate 1.65, surprise +10.30%, Beat. Q1 2026, reported Feb 24, 2026: actual 1.75, estimate 1.48, surprise +18.24%, Beat. Q2 2026, reported Apr 28, 2026: actual 1.84, estimate 1.6, surprise +15.00%, Beat. Q3 2026, reported Jul 28, 2026: actual 1.86, estimate 1.57, surprise +18.47%, Beat. Q4 2026, reported Oct 27, 2026: actual —, estimate 1.64, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates2.87B2.71B2.56B2.4BQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 25, 2025: actual 2.55B USD, estimate 2.51B USD, surprise +1.48%, Beat. Q2 2025, reported Apr 29, 2025: actual 2.56B USD, estimate 2.54B USD, surprise +0.92%, Beat. Q3 2025, reported Jul 29, 2025: actual 2.63B USD, estimate 2.6B USD, surprise +1.10%, Beat. Q4 2025, reported Oct 28, 2025: actual 2.72B USD, estimate 2.66B USD, surprise +2.09%, Beat. Q1 2026, reported Feb 24, 2026: actual 2.74B USD, estimate 2.69B USD, surprise +1.92%, Beat. Q2 2026, reported Apr 28, 2026: actual 2.74B USD, estimate 2.66B USD, surprise +3.12%, Beat. Q3 2026, reported Jul 28, 2026: actual 2.75B USD, estimate 2.7B USD, surprise +1.84%, Beat. Q4 2026, reported Oct 27, 2026: actual —, estimate 2.76B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$209.89

19.39% upside
Past 12 months12-month forecastHigh $240Average $209.89Low $188

Rating distribution

50 ratings
Strong buy12%
Buy4080%
Hold918%
Sell00%
Strong sell00%

Recent analyst actions

12 institutions
Wolfe ResearchupgradePeer PerformOutperform
BernsteinupgradeMarket PerformOutperform

AMT news

seekingalpha.com

I Don't Need A Data Center In My Backyard; I Already Own Hundreds Of Them

Data centers face soaring AI-driven demand amid mounting barriers to new supply, creating a scarcity effect and widening moats for established platforms. Digital Realty, Equinix, and Iron Mountain are industry leaders,…

Read source
defenseworld.net

B. Metzler seel. Sohn & Co. AG Has $10.80 Million Stock Holdings in American Tower Corporation $AMT

B. Metzler seel. Sohn and Co. AG grew its stake in shares of American Tower Corporation (NYSE: AMT) by 17.2% during the undefined quarter, according to its most recent 13F filing with the Securities and Exchange…

Read source
accessnewswire.com

AmeriTrust Auto Advances End-to-End Lease Remarketing Strategy

TORONTO, ON / ACCESS Newswire / August 19, 2026 / AmeriTrust Financial Technologies Inc. (TSXV:AMT)(OTCQB:AMTFF)(Frankfurt:1ZV) ("AmeriTrust", "AMT" or the "Company"), a fintech platform focused on automotive finance,…

Read source
marketbeat.com

3 Infrastructure Stocks Built Around the Backbone of the Economy

Investors have spent the last few years chasing the shiniest object in the market. In other words, artificial intelligence (AI).

Read source
defenseworld.net

7,018 Shares in American Tower Corporation $AMT Acquired by Focus Partners Advisor Solutions LLC

Focus Partners Advisor Solutions LLC acquired a new position in shares of American Tower Corporation (NYSE: AMT) during the undefined quarter, according to its most recent filing with the Securities and Exchange…

Read source
defenseworld.net

BIP Wealth LLC Takes $1 Million Position in American Tower Corporation $AMT

BIP Wealth LLC bought a new stake in American Tower Corporation (NYSE: AMT) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 6,137 shares of the real…

Read source

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$6.80

2025 complete year+30.5% since 2021

2026 partial: $3.58

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Jun 12, 2026

$1.79

Irregular

Record Jun 12, 2026 · Payment Jul 13, 2026

Dividend

Ex-dividend Apr 14, 2026

$1.79

Quarterly

Record Apr 14, 2026 · Payment Apr 28, 2026

Dividend

Ex-dividend Dec 29, 2025

$1.70

Quarterly

Record Dec 29, 2025 · Payment Feb 2, 2026

Dividend

Ex-dividend Sep 30, 2025

$1.70

Quarterly

Record Sep 30, 2025 · Payment Oct 20, 2025

Dividend

Ex-dividend Jun 13, 2025

$1.70

Irregular

Record Jun 13, 2025 · Payment Jul 11, 2025

Dividend

Ex-dividend Apr 11, 2025

$1.70

Quarterly

Record Apr 11, 2025 · Payment Apr 28, 2025

AMT peers

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$141.8

+0.79%

Simon Property Group, Inc. logo

SPG

Simon Property Group, Inc.

$218.29

-0.73%

Digital Realty Trust, Inc. logo

DLR

Digital Realty Trust, Inc.

$190.62

-1.89%

Public Storage logo

PSA

Public Storage

$322.49

-0.08%

Realty Income Corporation logo

O

Realty Income Corporation

$62.60

-0.90%

ETFs holding AMT

Funds reporting this stock among their holdings, ordered by reported position size.

Vanguard Real Estate ETF logoVanguard Real Estate ETFVNQ
Market value
3.07B
Weight
4.18%
AUM
73.1B USD
Expense ratio
0.13%
Price / 1D
$98.50-0.10%
Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
2.57B
Weight
0.11%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
Vanguard S&P 500 ETF logoVanguard S&P 500 ETFVOO
Market value
2.12B
Weight
0.13%
AUM
1.7T USD
Expense ratio
0.03%
Price / 1D
$703.71+0.39%
iShares Core S&P 500 ETF logoiShares Core S&P 500 ETFIVV
Market value
1.1B
Weight
0.12%
AUM
891.84B USD
Expense ratio
0.03%
Price / 1D
$769.31+0.39%
State Street SPDR S&P 500 ETF logoState Street SPDR S&P 500 ETFSPY
Market value
1.02B
Weight
0.12%
AUM
817.87B USD
Expense ratio
0.09%
Price / 1D
$765.72+0.41%
Vanguard Morningstar Value ETF logoVanguard Morningstar Value ETFVTV
Market value
769.21M
Weight
0.30%
AUM
256.5B USD
Expense ratio
0.03%
Price / 1D
$226.4+0.54%
Schwab U.S. REIT ETF logoSchwab U.S. REIT ETFSCHH
Market value
473.45M
Weight
4.16%
AUM
11.39B USD
Expense ratio
0.07%
Price / 1D
$24.04-0.08%
State Street Real Estate Select Sector SPDR ETF logoState Street Real Estate Select Sector SPDR ETFXLRE
Market value
465.9M
Weight
5.49%
AUM
8.49B USD
Expense ratio
0.08%
Price / 1D
$45.080.00%

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