(AMT) American Tower - Overview
Stock: Towers, Data Centers, Real Estate
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 3.44% |
| Yield on Cost 5y | 3.38% |
| Yield CAGR 5y | 6.89% |
| Payout Consistency | 100.0% |
| Payout Ratio | 1.9% |
| Risk 5d forecast | |
|---|---|
| Volatility | 26.0% |
| Relative Tail Risk | -7.05% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.33 |
| Alpha | -9.86 |
| Character TTM | |
|---|---|
| Beta | 0.028 |
| Beta Downside | 0.073 |
| Drawdowns 3y | |
|---|---|
| Max DD | 27.41% |
| CAGR/Max DD | -0.16 |
Description: AMT American Tower January 27, 2026
American Tower Corp (NYSE: AMT) is a globally diversified REIT that owns, operates, and develops multitenant communications infrastructure, encompassing more than 149,000 tower sites and an integrated network of U.S. data-center facilities.
Key recent metrics (as of the FY 2024 10-K filed March 2025) show a 7.2% year-over-year increase in revenue to $9.4 billion, funds-from-operations (FFO) per share of $9.31 (up 5.8% YoY), and a portfolio occupancy rate of roughly 96% across its tower assets. The company’s leverage ratio remains at 6.2× net debt to EBITDA, reflecting a modest increase in borrowing to fund a $2.1 billion capital-expenditure program focused on expanding 5G-compatible sites and edge-data-center capacity-both of which are primary growth drivers in the telecom-tower sector amid accelerating wireless data demand.
For a deeper, data-driven view of AMT’s valuation and risk profile, consult the ValueRay analysis.
Piotroski VR‑10 (Strict, 0-10) 3.5
| Net Income: 2.94b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA 0.11 > 1.0 |
| NWC/Revenue: -23.51% < 20% (prev -33.23%; Δ 9.72% < -1%) |
| CFO/TA 0.08 > 3% & CFO 5.24b > Net Income 2.94b |
| Net Debt (43.06b) to EBITDA (6.74b): 6.39 < 3 |
| Current Ratio: 0.59 > 1.5 & < 3 |
| Outstanding Shares: last quarter (468.9m) vs 12m ago 0.13% < -2% |
| Gross Margin: 74.62% > 18% (prev 0.72%; Δ 7390 % > 0.5%) |
| Asset Turnover: 16.50% > 50% (prev 17.58%; Δ -1.08% > 0%) |
| Interest Coverage Ratio: 3.53 > 6 (EBITDA TTM 6.74b / Interest Expense TTM 1.34b) |
Altman Z'' -0.21
| A: -0.04 (Total Current Assets 3.54b - Total Current Liabilities 5.99b) / Total Assets 63.89b |
| B: -0.08 (Retained Earnings -5.11b / Total Assets 63.89b) |
| C: 0.07 (EBIT TTM 4.72b / Avg Total Assets 63.35b) |
| D: -0.19 (Book Value of Equity -9.92b / Total Liabilities 53.12b) |
| Altman-Z'' Score: -0.21 = B |
Beneish M -2.89
| DSRI: 1.30 (Receivables 1.00b/812.7m, Revenue 10.45b/11.04b) |
| GMI: 0.97 (GM 74.62% / 72.17%) |
| AQI: 0.98 (AQ_t 0.50 / AQ_t-1 0.51) |
| SGI: 0.95 (Revenue 10.45b / 11.04b) |
| TATA: -0.04 (NI 2.94b - CFO 5.24b) / TA 63.89b) |
| Beneish M-Score: -2.89 (Cap -4..+1) = A |
What is the price of AMT shares?
Over the past week, the price has changed by -4.47%, over one month by -2.59%, over three months by -2.89% and over the past year by -6.57%.
Is AMT a buy, sell or hold?
- StrongBuy: 11
- Buy: 9
- Hold: 3
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the AMT price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 217.6 | 27.1% |
| Analysts Target Price | 217.6 | 27.1% |
| ValueRay Target Price | 174.3 | 1.8% |
AMT Fundamental Data Overview February 05, 2026
P/E Forward = 25.5102
P/S = 7.7542
P/B = 21.2334
P/EG = 52.7919
Revenue TTM = 10.45b USD
EBIT TTM = 4.72b USD
EBITDA TTM = 6.74b USD
Long Term Debt = 34.85b USD (from longTermDebt, last quarter)
Short Term Debt = 3.00b USD (from shortTermDebt, last quarter)
Debt = 45.01b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 43.06b USD (from netDebt column, last quarter)
Enterprise Value = 124.13b USD (81.07b + Debt 45.01b - CCE 1.95b)
Interest Coverage Ratio = 3.53 (Ebit TTM 4.72b / Interest Expense TTM 1.34b)
EV/FCF = 33.63x (Enterprise Value 124.13b / FCF TTM 3.69b)
FCF Yield = 2.97% (FCF TTM 3.69b / Enterprise Value 124.13b)
FCF Margin = 35.30% (FCF TTM 3.69b / Revenue TTM 10.45b)
Net Margin = 28.11% (Net Income TTM 2.94b / Revenue TTM 10.45b)
Gross Margin = 74.62% ((Revenue TTM 10.45b - Cost of Revenue TTM 2.65b) / Revenue TTM)
Gross Margin QoQ = 75.12% (prev 73.78%)
Tobins Q-Ratio = 1.94 (Enterprise Value 124.13b / Total Assets 63.89b)
Interest Expense / Debt = 0.77% (Interest Expense 347.1m / Debt 45.01b)
Taxrate = 3.94% (37.4m / 950.0m)
NOPAT = 4.53b (EBIT 4.72b * (1 - 3.94%))
Current Ratio = 0.59 (Total Current Assets 3.54b / Total Current Liabilities 5.99b)
Debt / Equity = 11.39 (Debt 45.01b / totalStockholderEquity, last quarter 3.95b)
Debt / EBITDA = 6.39 (Net Debt 43.06b / EBITDA 6.74b)
Debt / FCF = 11.67 (Net Debt 43.06b / FCF TTM 3.69b)
Total Stockholder Equity = 3.65b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.64% (Net Income 2.94b / Total Assets 63.89b)
RoE = 80.60% (Net Income TTM 2.94b / Total Stockholder Equity 3.65b)
RoCE = 12.25% (EBIT 4.72b / Capital Employed (Equity 3.65b + L.T.Debt 34.85b))
RoIC = 11.14% (NOPAT 4.53b / Invested Capital 40.67b)
WACC = 4.14% (E(81.07b)/V(126.08b) * Re(6.02%) + D(45.01b)/V(126.08b) * Rd(0.77%) * (1-Tc(0.04)))
Discount Rate = 6.02% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 100.0 | Cagr: 0.15%
[DCF Debug] Terminal Value 88.22% ; FCFF base≈3.64b ; Y1≈4.38b ; Y5≈7.06b
Fair Price DCF = 348.5 (EV 206.19b - Net Debt 43.06b = Equity 163.13b / Shares 468.1m; r=5.90% [WACC]; 5y FCF grow 21.83% → 2.90% )
EPS Correlation: 16.87 | EPS CAGR: 17.63% | SUE: 0.25 | # QB: 0
Revenue Correlation: 6.44 | Revenue CAGR: 2.85% | SUE: 0.16 | # QB: 0
EPS next Quarter (2026-03-31): EPS=1.68 | Chg30d=+0.035 | Revisions Net=+1 | Analysts=2
EPS next Year (2026-12-31): EPS=6.94 | Chg30d=-0.005 | Revisions Net=-2 | Growth EPS=+35.7% | Growth Revenue=+3.6%