AMT
American Tower
$176.43
▲ 0.2%Updated Today 7:15 PM ET
▼ Down 18.3% over the last 12 months
Market Cap
$82.02B
P/E
28.2x
Forward P/E (est.)
20.14x
ROE
78.2%
Revenue Growth
6.3%
EPS Growth
59.0%
Profit Margin
26.8%
FCF Yield
7.7%
Debt / Equity
10.19x
ROIC
9.0%
Interest Coverage
3.47x
Current Ratio
0.3x
Dividend Yield
3.8%
Implied Growth (rev. DCF)
4.2%
Rating Score
66/100
Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what AMT's chart says today, with each tool explained.
Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. AMT trades near $176.43, below its 50-day average ($181.65) and 200-day average ($182.45). Price below both averages is a downtrend — momentum is against buyers for now.
Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 43 it is in neutral territory — neither stretched nor washed out.
MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently negative — short-term momentum is fading.
Volatility — ATR. Average True Range is the typical daily move. AMT's is $4.91 (~2.8% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.
Support & resistance. Over the last month AMT found buyers near $180.66 (support) and sellers near $196.08 (resistance); its 52-week range is $165.08–$234.33. A decisive break beyond either edge often marks the next move.
Volume. The latest session traded 0.7× the 20-day average — lighter than usual, so the move carries less conviction. Rising volume on up-days suggests real buying; on down-days, real selling.
Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.
American Tower (AMT) is a large-cap company in the Telecom Tower REITs industry, part of the Real Estate sector of the S&P 500, with a market value around $82.02B.
In its latest reported year it generated about $935.90M in revenue.
Our model rates AMT Favorable (66/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.
4Y CAGR
6.9%
Revenue moved from $717.20M in 2021 to $935.90M in 2025, a 6.9% compound annual growth rate. The most recent year grew a steady 6.3% year over year. Slower, mature growth is common for established businesses.
Gross Margin
74.0%
Operating Margin
517.8%
Net Margin
26.8%
ROE
78.2%
American Tower keeps about 26.8% of each sales dollar as net profit, with a 74.0% gross margin and 517.8% operating margin. Return on equity is 78.2% and return on invested capital about 9.0%. Margins this wide usually signal pricing power or a cost advantage.
Total Debt
$38.90B
Net Debt
$37.29B
Net Debt / EBITDA
7.7x
Debt / Equity
10.19x
Leverage: debt-to-equity is 10.2x, and operating profit covers interest about 3.5x, with a current ratio of 0.3x. That is elevated leverage, which raises risk if earnings or rates move against it. It carries roughly $38.90B of total debt against $1.61B of cash.
Operating CF
$5.46B
Free Cash Flow
$3.78B
FCF Margin
404.3%
In the latest year American Tower produced about $5.46B of operating cash flow and $3.78B of free cash flow after capital spending. That is a free-cash-flow yield of about 7.7% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.
P/E
28.2x
P/S
8.05x
P/B
21.62x
EV / EBITDA
17.89x
AMT trades at 28.2x trailing earnings (about 20.1x on estimated forward earnings), 8.1x sales, and 21.6x book value. Reverse-engineering today's price implies the market expects roughly 4.2% long-term free-cash-flow growth. That is a premium multiple that needs growth to justify it.
Where this stock sits versus what most companies trade at.
Typical ranges are general references (e.g., many stocks trade at ~18–26x earnings), not hard rules. Context only — not investment advice.
How AMT stacks up against its Real Estate peers — valuation, profitability, and growth versus the sector median.
In the Real Estate sector (31 S&P 500 companies), AMT ranks #5 of 31 by our overall rating. It trades at roughly in line versus the sector on earnings (28.2x P/E vs. 30.8x median) with a higher return on equity (78.2% vs. 8.0%) and faster revenue growth (6.3% vs. 5.3%).
P/E vs sector
28.2x
median 30.8x
ROE vs sector
78.2%
median 8.0%
Growth vs sector
6.3%
median 5.3%
Sector rank
#5
of 31 by rating
Valuation vs. quality map
The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.
Peers are the closest Real Estate companies by sub-industry and size. Sector median is across all 31 S&P 500 names in the sector. Educational, not a recommendation.
Project revenue → earnings → price. Edit the assumptions to build your own case.
2030 price target (Base Case)
$12.34 – $20.32
vs. $176.43 today · expected CAGR -41% – -35%
| Metric | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Revenue | $992.05M | $1.05B | $1.11B | $1.18B | $1.25B |
| Net income | $267.85M | $283.93M | $300.96M | $319.02M | $338.16M |
| EPS | $0.57 | $0.61 | $0.65 | $0.68 | $0.73 |
| Share price (low) | $9.77 | $10.36 | $10.98 | $11.64 | $12.34 |
| Share price (high) | $16.10 | $17.06 | $18.09 | $19.17 | $20.32 |
| CAGR (low–high) | -94% / -91% | -76% / -69% | -60% / -53% | -49% / -43% | -41% / -35% |
Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.
The case for AMT:
- High net margins (26.8%) point to pricing power or efficiency.
- Strong return on equity (78.2%) shows capital is put to work well.
- Healthy free-cash-flow yield (~7.7%) funds buybacks and dividends.
- Pays a 3.8% dividend on top of any price gains.
- Our model's overall read is Favorable (66/100).
The case against AMT:
- Elevated leverage (debt/equity 10.2x) adds financial risk.
- Like any single stock, it is exposed to competition, the economic cycle, and shifts in its end markets.
Balance-sheet risk — debt/equity of 10.2x magnifies the impact of higher rates or weaker earnings.
Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.
On balance, the fundamentals screen favourably: American Tower is a large-cap real estate business growing at a mature pace, with solid profitability, and a heavier debt load to watch. It trades at 28.2x earnings, which our model scores Favorable (66/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.
Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.
Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.