VCP ScannerFree US Stock Screener & Financial AnalysisFree US Stock Screener
ScreenerThemesMarketEarningsCompareWatchlistInsider
AMTAmerican Tower Corporation
$176.05$82.0B
Research
OverviewAnalysis
Valuation
ValuationTargetsPrice
Financials
RevenueEarningsP/ERatiosDividend
Ownership
Holders
Tools
Total ReturnDCA Calculator
← Back to Screener
VCP ScannerFree US Stock Screener & Financial Analysis

Find stocks. Verify deeply. Act with conviction.

Data updated daily

Product

  • Screener
  • Themes
  • Valuation
  • Total Return
  • DCA Calculator
  • News
  • Earnings

Resources

  • Market Valuation
  • Compare
  • Insider Activity
  • Methodology
  • How It Works
  • Glossary
  • Learn

Get Ideas

Get weekly stock ideas — free

Follow VCP Scanner on XFollow VCP Scanner on LinkedIn
© 2026 VCP Scanner
AboutPrivacyTerms
Not financial advice. Do your own research.
ScreenerNewsCompareWatchlist

AMT logoAmerican Tower Corporation(AMT)Earnings, Financials & Key Ratios

AMT•NYSE•REIT / Real Estate
32.7× P/E·Price updated Jun 19, 2026
SectorReal EstateIndustrySpecialty REITsSub-IndustryDigital Infrastructure REITs
AboutAmerican Tower Corporation, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of approximately 219,000 communications sites. For more information about American Tower, please visit the Earnings Materials and Investor Presentations sections of our investor relations website at www.americantower.com.Show more
  • Revenue$10.65B+5.1%
  • FFO$4.59B+4.8%
  • FFO/Share9.78+4.6%
  • FFO Payout68.78%-2.0%
  • FFO per Share9.78+4.6%
  • NOI Margin73.68%-1.2%
  • FFO Margin43.12%-0.3%
  • ROE25.29%+15.0%
  • ROA4.07%+14.7%

AMT Key Insights

American Tower Corporation (AMT) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Excellent 3Y average ROE of 20.0%
  • ✓Strong Piotroski F-Score: 7/9
  • ✓FFO growing 27.4% TTM
  • ✓Sustainable FFO payout ratio of 68.8%
  • ✓14 consecutive years of dividend growth
  • ✓High NOI margin of 73.7%

✗Weaknesses

  • ✗High debt to equity ratio of 4.3x
  • ✗Dividend payout exceeds 100% of earnings

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Get notified when AMT posts new earnings or crosses analyst targets

Free. No account needed. Unsubscribe any time.

Free. Unsubscribe any time.

AMT Price & Volume

American Tower Corporation (AMT) stock price & volume — 10-year historical chart

Loading chart...

AMT Growth Metrics

American Tower Corporation (AMT) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years8.36%
5 Years5.77%
3 Years3.34%
TTM2.72%

Profit CAGR

10 Years13.96%
5 Years8.39%
3 Years12.73%
TTM57.58%

EPS CAGR

10 Years14.35%
5 Years7.3%
3 Years12.16%
TTM59.13%

Return on Capital

10 Years6.77%
5 Years6.5%
3 Years7.31%
Last Year8.62%

AMT Recent Earnings

American Tower Corporation (AMT) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 11/12 qtrs (92%)●Beat Revenue 9/12 qtrs (75%)
Q2 2026Latest
Apr 28, 2026
Metric
Actual
Est
EPS
$1.84+15.0%
$1.60
Rev
$2.7B+3.1%
$2.7B
Q1 2026
Feb 24, 2026
Metric
Actual
Est
EPS
$1.75+18.2%
$1.48
Rev
$2.7B+1.9%
$2.7B
Q4 2025
Oct 28, 2025
Metric
Actual
Est
EPS
$2.78+6.1%
$2.62
Rev
$2.7B+0.9%
$2.7B
Q3 2025
Jul 29, 2025
Metric
Actual
Est
EPS
$2.60+0.0%
$2.60
Rev
$2.6B-1.2%
$2.7B
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestApr 28, 2026
$1.84vs $1.60+15.0%
$2.7Bvs $2.7B+3.1%
Q1 2026Feb 24, 2026
$1.75vs $1.48+18.2%
$2.7Bvs $2.7B+1.9%
Q4 2025Oct 28, 2025
$2.78vs $2.62+6.1%
$2.7Bvs $2.7B+0.9%
Q3 2025Jul 29, 2025
$2.60vs $2.60+0.0%
$2.6Bvs $2.7B-1.2%
Based on last 12 quarters of dataView full earnings history →

AMT Peer Comparison

American Tower Corporation (AMT) competitors in Digital Infrastructure REITs — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
Institutional Holdings
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
CCI logoCCICrown Castle Inc.Direct Competitor35.8B82.0580.44-35.06%25.13%
SBAC logoSBACSBA Communications CorporationDirect Competitor19.82B186.8719.075.06%35.66%
UNIT logoUNITUniti Group Inc.Direct Competitor2.83B11.642.3991.49%40.53%342.98%26.35
IRM logoIRMIron Mountain IncorporatedProduct Competitor38.03B127.83260.8812.22%3.76%
LUMN logoLUMNLumen Technologies, Inc.Product Competitor8.45B8.20-4.69-5.39%-14.34%-79.42%
TMUS logoTMUST-Mobile US, Inc.Product Competitor196.6B181.6718.698.49%11.65%17.82%2.07
VZ logoVZVerizon Communications Inc.Supply Chain191.36B45.3711.172.52%12.43%16.42%1.90
T logoTAT&T Inc.Supply Chain153.71B22.017.242.71%16.92%16.85%1.35

Compare AMT vs Peers

American Tower Corporation (AMT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs CCI

Most directly comparable listed peer for AMT.

Scale Benchmark

vs CSCO

Larger-name benchmark to compare AMT against a more recognizable public peer.

Peer Set

Compare Top 5

vs CCI, SBAC, UNIT, IRM

AMT Income Statement

American Tower Corporation (AMT) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
MetricDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Revenue
6.66B7.44B7.58B8.04B9.36B9.65B10.01B10.13B10.65B10.82B
Revenue Growth %
15.18%11.65%1.88%6.08%16.36%3.08%3.8%1.15%5.11%2.72%
Property Operating Expenses
2.05B2.18B2.21B2.23B2.68B2.57B2.56B2.57B2.8B2.88B
Net Operating Income (NOI)
4.61B▲ 0%
5.26B▲ 14.1%
5.37B▲ 2.0%
5.81B▲ 8.3%
6.67B▲ 14.8%
7.08B▲ 6.0%
7.45B▲ 5.3%
7.55B▲ 1.4%
7.84B▲ 3.9%
7.94B▲ 0%
NOI Margin %
69.18%70.73%70.79%72.3%71.34%73.36%74.42%74.58%73.68%73.37%
Operating Expenses
2.61B3.36B2.68B2.93B3.54B4.34B4.33B3.04B2.96B3.15B
G&A Expenses
639.9M733.2M733.2M778.7M811.6M902.1M946M933.4M944.2M943.2M
EBITDA
3.71B4.02B4.47B4.77B5.46B6.09B6.21B6.64B6.94B6.87B
EBITDA Margin %
55.74%53.98%58.93%59.31%58.4%63.18%62.04%65.58%65.21%63.51%
Depreciation & Amortization
1.72B2.11B1.78B1.88B2.33B3.36B3.09B2.12B2.06B2.08B
D&A / Revenue %
25.75%28.37%23.46%23.41%24.93%34.78%30.83%20.98%19.36%19.26%
Operating Income
2B▲ 0%
1.91B▼ 4.7%
2.69B▲ 41.1%
2.89B▲ 7.4%
3.13B▲ 8.5%
2.74B▼ 12.6%
3.13B▲ 14.1%
4.52B▲ 44.5%
4.88B▲ 8.1%
4.79B▲ 0%
Operating Margin %
29.99%25.6%35.47%35.91%33.47%28.39%31.22%44.6%45.85%44.24%
Interest Expense
750.8M825.6M814.2M793.5M870.9M1.14B1.39B1.4B1.02B3M
Interest Coverage
2.67x2.40x3.35x3.30x4.25x2.84x2.10x3.58x3.99x-
Non-Operating Income
-7.3M-75.2M-42.2M272.9M-568.3M-483.4M208M-512.8M818.5M162.3M
Pretax Income
1.26B▲ 0%
1.15B▼ 8.1%
1.92B▲ 66.0%
1.82B▼ 5.0%
2.83B▲ 55.4%
2.09B▼ 26.3%
1.53B▼ 26.7%
3.62B▲ 137.0%
3.04B▼ 16.0%
3.39B▲ 0%
Pretax Margin %
18.85%15.52%25.28%22.65%30.24%21.63%15.27%35.79%28.6%31.35%
Income Tax
30.7M-110.1M-200K129.6M261.8M112.8M90.8M366.3M415.7M424.9M
Effective Tax Rate %
2.44%-9.54%-0.01%7.12%9.25%5.41%5.94%10.11%13.66%12.53%
Net Income
1.24B▲ 0%
1.24B▼ 0.2%
1.89B▲ 52.7%
1.69B▼ 10.4%
2.57B▲ 51.9%
1.77B▼ 31.2%
1.48B▼ 16.0%
2.25B▲ 52.0%
2.53B▲ 12.2%
2.88B▲ 0%
Net Margin %
18.59%16.62%24.9%21.02%27.44%18.31%14.81%22.27%23.76%26.6%
Net Income Growth %
29.53%-0.2%52.69%-10.45%51.88%-31.23%-16%52.03%12.19%57.58%
Funds From Operations (FFO)
2.95B▲ 0%
3.35B▲ 13.3%
3.67B▲ 9.5%
3.57B▼ 2.5%
4.9B▲ 37.2%
5.12B▲ 4.5%
4.57B▼ 10.8%
4.38B▼ 4.2%
4.59B▲ 4.8%
4.96B▲ 0%
FFO Margin %
44.34%44.99%48.36%44.43%52.37%53.09%45.64%43.25%43.12%45.86%
FFO Growth %
19.05%13.28%9.53%-2.54%37.15%4.5%-10.76%-4.16%4.81%568.59%
FFO per Share
6.847.568.238.0110.8111.079.789.369.7810.63
FFO Payout Ratio %
36.31%39.54%43.72%53.97%46.34%51.37%64.54%70.21%68.78%48.14%
EPS (Diluted)
2.67▲ 0%
2.79▲ 4.5%
4.24▲ 52.0%
3.79▼ 10.6%
5.66▲ 49.3%
3.82▼ 32.5%
3.18▼ 16.8%
4.82▲ 51.6%
5.39▲ 11.8%
6.16▲ 0%
EPS Growth %
34.85%4.49%51.97%-10.61%49.34%-32.51%-16.75%51.57%11.83%59.13%
EPS (Basic)
2.692.814.273.815.693.833.184.835.40-
Diluted Shares Outstanding
431.69M442.96M445.52M446.1M453.29M462.75M467.16M468.12M469.14M466.83M

AMT Balance Sheet

American Tower Corporation (AMT) balance sheet — assets, liabilities & shareholders' equity

MetricDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Total Assets
33.21B33.01B42.8B47.23B69.89B67.19B66.03B61.08B63.19B63.19B
Asset Growth %
7.56%-0.61%29.66%10.35%47.96%-3.85%-1.74%-7.5%3.46%3.83%
Real Estate & Other Assets
950.1M962.6M406.4M400.1M400.9M3.56B5.26B4.28B4.96B13.16B
PP&E (Net)
11.1B11.25B19.44B20.6B29.01B28.92B19.79B27.15B28.78B20.36B
Investment Securities
1000K1000K1000K1000K1000K1000K1000K1000K1000K0
Total Current Assets
2.04B2.39B2.55B2.91B3.73B3.62B3.71B3.18B2.49B2.74B
Cash & Equivalents
802.1M1.21B1.5B1.75B1.95B2.03B1.75B2B1.47B1.47B
Receivables
1000K1000K1000K1000K1000K1000K1000K1000K1000K1000K
Other Current Assets
224.6M174.4M134.2M194.7M474M228.2M989.7M234.6M369.7M130.4M
Intangible Assets
11.78B11.17B12.32B13.84B20.73B17.98B16.52B14.47B14.53B14.53B
Total Liabilities
25.26B26.11B36.21B42.45B60.82B54.79B55.16B51.43B52.84B52.84B
Total Debt
20.21B21.16B31.06B36.71B52.01B47.05B46.31B43.95B44.96B45.13B
Net Debt
19.4B19.95B29.56B34.97B50.06B45.02B44.55B41.95B43.49B43.66B
Long-Term Debt
19.43B18.41B21.13B28.5B38.69B34.16B35.73B32.81B33.8B33.83B
Short-Term Borrowings
774.8M2.75B2.93B789.8M4.57B4.51B3.07B3.69B3.97B3.39B
Capital Lease Obligations
007B7.42B8.75B8.38B7.51B7.45B7.19B30.44B
Total Current Liabilities
2.51B4.69B5.49B3.66B9.07B8.31B7.25B7.08B3.97B6.91B
Accounts Payable
142.9M130.8M148.1M139.1M272.4M218.6M251.3M240.8M0259.8M
Deferred Revenue
268.8M304.1M294.3M390.6M1.2B439.7M433.8M329.2M325M325M
Other Liabilities
1.91B1.97B1.8B1.98B2.65B2.74B3.58B2.89B6.11B3.49B
Total Equity
7.95B▲ 0%
6.9B▼ 13.2%
6.59B▼ 4.6%
4.78B▼ 27.4%
9.07B▲ 89.7%
12.41B▲ 36.8%
10.87B▼ 12.4%
9.65B▼ 11.2%
10.36B▲ 7.3%
10.36B▲ 0%
Equity Growth %
-1.4%-13.2%-4.6%-27.42%89.72%36.81%-12.44%-11.2%7.32%17.69%
Shareholders Equity
6.24B5.34B5.06B4.09B5.08B5.57B4.2B3.38B3.65B3.65B
Minority Interest
1.71B1.57B1.53B687M3.99B6.84B6.67B6.27B6.7B6.7B
Common Stock
4.4M4.5M4.5M4.6M4.7M4.8M4.8M4.8M4.8M4.8M
Additional Paid-in Capital
10.25B10.38B10.12B10.47B12.24B14.69B14.87B15.06B15.22B15.22B
Retained Earnings
-1.06B-1.2B-1.02B-1.34B-1.14B-2.1B-3.64B-4.42B-5.09B-5.09B
Preferred Stock
0000000000
Return on Assets (ROA)
3.87%3.73%4.98%3.76%4.38%2.58%2.23%3.55%4.07%4.53%
Return on Equity (ROE)
15.47%16.64%27.99%29.74%37.08%16.44%12.75%21.98%25.29%27.44%
Debt / Assets
60.83%64.1%72.57%77.72%74.42%70.02%70.13%71.96%71.16%71.42%
Debt / Equity
2.54x3.06x4.72x7.68x5.73x3.79x4.26x4.56x4.34x4.36x
Net Debt / EBITDA
5.22x4.97x6.62x7.33x9.16x7.39x7.17x6.32x6.27x6.35x
Book Value per Share
18.4315.5914.7810.7220.0126.8123.2620.6122.0722.18

AMT Cash Flow Statement

American Tower Corporation (AMT) cash flow — operating, investing & free cash flow history

MetricDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Cash from Operations
2.93B3.75B3.75B3.88B4.82B3.7B4.72B5.29B5.46B5.57B
Operating CF Growth %
8.21%28.12%0.11%3.43%24.18%-23.31%27.76%12.03%3.28%22.31%
Operating CF / Revenue %
43.9%50.38%49.5%48.27%51.51%38.32%47.17%52.24%51.33%51.48%
Net Income
1.23B1.26B1.92B1.69B2.57B1.7B1.37B2.28B2.63B2.88B
Depreciation & Amortization
1.72B2.11B1.8B1.88B2.33B3.36B3.09B2.12B2.04B2.07B
Stock-Based Compensation
108.5M137.5M111.4M120.8M119.5M169.3M195.7M203.6M174.2M179.2M
Other Non-Cash Items
314.6M552.3M234.3M632.9M-260.7M331M1.07B1.02B786.3M691M
Working Capital Changes
-352.2M-14M-250.4M-423.6M102.1M-1.62B-813.9M-386.5M-166.6M-357.3M
Cash from Investing
-2.8B-2.75B-3.99B-4.78B-20.69B-2.36B-1.7B410.6M-1.71B-1.87B
Acquisitions (Net)
-2.01B-1.88B-2.96B-3.8B-19.3B-549M-168M2.04B-306.1M-215.3M
Purchase of Investments
0-1.15B-355.9M0-25M00000
Sale of Investments
14.7M1.25B383.5M19.6M14.3M19.6M17.3M253.2M00
Other Investing
-5M-52.8M-64.2M26.6M-900K47.8M253.3M-288.4M274.8M141.2M
Cash from Financing
-113M-607.7M521.7M1.22B16.42B-1.42B-3.1B-5.45B-4.36B-4.31B
Dividends Paid
-1.16B-1.34B-1.6B-1.93B-2.27B-2.63B-2.95B-3.07B-3.16B-2.39B
Common Dividends
-1.07B-1.32B-1.6B-1.93B-2.27B-2.63B-2.95B-3.07B-3.16B-2.39B
Debt Issuance (Net)
1000K1000K1000K1000K1000K-1000K-1000K-1000K-1000K-2M
Share Repurchases
-766.3M-232.8M-19.6M-56M0-18.8M00-364.6M-540.8M
Other Financing
344M507.4M-536.1M-952.4M2.55B3.05B-186.9M-504.6M-504.3M-1.25B
Net Change in Cash
18.4M▲ 0%
350M▲ 1802.2%
273.1M▼ 22.0%
283.4M▲ 3.8%
481.9M▲ 70.0%
-202.6M▼ 142.0%
-47.3M▲ 76.7%
14.8M▲ 131.3%
-503M▼ 3498.6%
-501.3M▲ 0%
Exchange Rate Effect
6.7M-41.1M-13.7M-28.7M-70.3M-120.4M23.2M-233.9M101.3M108.2M
Cash at Beginning
936.5M954.9M1.3B1.58B1.86B2.34B2.14B2.09B2.11B1.61B
Cash at End
954.9M1.3B1.58B1.86B2.34B2.14B2.09B2.11B1.61B1.74B
Free Cash Flow
2.12B▲ 0%
2.84B▲ 33.6%
2.76B▼ 2.6%
2.85B▲ 3.2%
3.44B▲ 20.8%
1.82B▼ 47.1%
2.92B▲ 60.4%
3.7B▲ 26.5%
3.78B▲ 2.2%
3.77B▲ 0%
FCF Growth %
4.99%33.61%-2.6%3.2%20.83%-47.07%60.45%26.54%2.25%-0.18%
FCF / Revenue %
31.84%38.11%36.43%35.44%36.8%18.9%29.21%36.54%35.54%34.85%

AMT Key Ratios

American Tower Corporation (AMT) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric201720182019202020212022202320242025TTM
FFO per Share
6.847.568.238.0110.8111.079.789.369.7810.63
FFO Payout Ratio
36.31%39.54%43.72%53.97%46.34%51.37%64.54%70.21%68.78%48.14%
NOI Margin
69.18%70.73%70.79%72.3%71.34%73.36%74.42%74.58%73.68%73.37%
Net Debt / EBITDA
5.22x4.97x6.62x7.33x9.16x7.39x7.17x6.32x6.27x6.35x
Debt / Assets
60.83%64.1%72.57%77.72%74.42%70.02%70.13%71.96%71.16%71.42%
Interest Coverage
2.67x2.40x3.35x3.30x4.25x2.84x2.10x3.58x3.99x-
Book Value / Share
18.4315.5914.7810.7220.0126.8123.2620.6122.0722.18
Revenue Growth
15.18%11.65%1.88%6.08%16.36%3.08%3.8%1.15%5.11%2.72%
Related:AMT Dividend History·AMT Revenue History·AMT Price History·AMT P/E History·AMT Financial Ratios·AMT Institutional Holders

AMT SEC Filings & Documents

American Tower Corporation (AMT) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Apr 28, 2026·SEC

Material company update

Mar 10, 2026·SEC

Material company update

Mar 5, 2026·SEC

10-K Annual Reports

2
FY 2026

Feb 24, 2026·SEC

FY 2025

Feb 25, 2025·SEC

10-Q Quarterly Reports

6
FY 2026

Apr 28, 2026·SEC

FY 2025

Oct 28, 2025·SEC

FY 2025

Jul 29, 2025·SEC

AMT Frequently Asked Questions

American Tower Corporation (AMT) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

American Tower Corporation (AMT) reported $10.82B in revenue for fiscal year 2025. This represents a 61698% increase from $17.5M in 1997.

American Tower Corporation (AMT) grew revenue by 5.1% over the past year. This is steady growth.

Yes, American Tower Corporation (AMT) is profitable, generating $2.88B in net income for fiscal year 2025 (23.8% net margin).

Dividend & Returns

Yes, American Tower Corporation (AMT) pays a dividend with a yield of 3.82%. This makes it attractive for income-focused investors.

American Tower Corporation (AMT) has a return on equity (ROE) of 25.3%. This is excellent, indicating efficient use of shareholder capital.

Industry Metrics

American Tower Corporation (AMT) generated Funds From Operations (FFO) of $4.96B in the trailing twelve months. FFO is the primary profitability metric for REITs.

American Tower Corporation (AMT) offers a 3.82% dividend yield, which is attractive for income investors. REITs are required to distribute at least 90% of taxable income to shareholders.

What if you invested $1,000 in AMT back in 1997?

Total return calculator · dividends reinvested · 29+ years of data

See returns →

How much would $100/month in AMT be worth today?

Dollar cost averaging calculator · DCA vs lump sum

Calculate →