AMT Stock Analysis: American Tower | NYSE
REIT - Specialty | NYSE, USA | Market Cap: 83.607m USD | 12M Return: -0.7% | US03027X1000 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 533M
EPS Trend: 71.9%
Qual. Beats: 0
Rev. Trend: -30.0%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
American Tower Corporation (AMT) is one of the largest global REITs and a leading independent owner, operator, and developer of multitenant communications real estate. The company maintains a portfolio of over 148,000 communications sites and operates a highly interconnected footprint of U.S. data center facilities. American Tower was incorporated in 1995 in Delaware and is headquartered in Boston, Massachusetts.
As a Telecom Tower REIT, American Tower generates the majority of its revenue by leasing space on its towers and related infrastructure to multiple wireless carriers and telecommunications providers under long-term contracts. The multitenant business model allows several carriers to share a single site, improving capital efficiency for tenants while creating recurring, contract-based revenue streams for the company. Its expansion into data centers reflects the growing convergence of wireless and cloud infrastructure demand.
- 5G carrier spending drives U.S. tower revenue and amendment growth
- CoreSite data center acquisition diversifies into colocation segment
- Interest rate hikes pressure REIT valuations and increase borrowing costs
| Net Income: 3.38b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA 0.39 > 1.0 |
| NWC/Revenue: -52.53% < 20% (prev -22.05%; Δ -30.48% < -1%) |
| CFO/TA 0.09 > 3% & CFO 5.77b > Net Income 3.38b |
| Net Debt (51.0b) to EBITDA (7.01b): 7.28 < 3 |
| Current Ratio: 0.35 > 1.5 & < 3 |
| Outstanding Shares: last quarter (466.6m) vs 12m ago -0.46% < -2% |
| Gross Margin: 73.19% > 18% (prev 74.37%; Δ -1.18% > 0.5%) |
| Asset Turnover: 17.22% > 50% (prev 16.09%; Δ 1.13% > 0%) |
| Interest Coverage Ratio: 3.54 > 6 (EBIT TTM 4.94b / Interest Expense TTM 1.40b) |
| A: -0.09 (Total Current Assets 3.12b - Total Current Liabilities 8.87b) / Total Assets 63.3b |
| B: -0.08 (Retained Earnings -5.03b / Total Assets 63.3b) |
| C: 0.08 (EBIT TTM 4.94b / Avg Total Assets 63.5b) |
| D: 0.07 (Book Value of Equity 3.72b / Total Liabilities 53.0b) |
| Altman-Z'' = -0.26 = B |
| DSRI: 0.79 (Receivables 889.6m/1.06b, Revenue 10.9b/10.3b) |
| GMI: 1.02 (GM 74.37% / 73.19%) |
| AQI: 0.98 (AQ_t 0.49 / AQ_t-1 0.50) |
| SGI: 1.07 (Revenue 10.9b / 10.3b) |
| TATA: -0.04 (NI 3.38b - CFO 5.77b) / TA 63.3b) |
| Beneish M = -3.15 (Cap -4..+1) = AA |
As of October 16, 2026, the stock is trading at USD 181.36 with a total of 2,850,984 shares traded. Over the past week, the price has changed by +8.77%, over one month by +3.16%, over three months by +8.71% and over the past year by -0.68%.
Current recommended Stop Loss: 175.50 (which is 3.2% or 1.3 ATR below the current price).
American Tower has received a consensus analysts rating of 4.48. Therefore, it is recommended to buy AMT.
- StrongBuy: 15
- Buy: 7
- Hold: 3
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 215.7 | 19% |
P/E Trailing = 24.6809
P/E Forward = 24.6305
P/S = 7.6413
P/B = 21.3933
P/EG = 1.6139
Revenue TTM = 10.9b USD
EBIT TTM = 4.94b USD
EBITDA TTM = 7.01b USD
Long Term Debt = 32.0b USD (from longTermDebt, last quarter)
Short Term Debt = 5.87b USD (from shortTermDebt, last quarter)
Debt = 52.8b USD (from shortLongTermDebtTotal, last quarter) + Leases 7.79b
Net Debt = 51.0b USD (calculated: Debt 52.8b - CCE 1.76b)
Enterprise Value = 135b USD (83.6b + Debt 52.8b - CCE 1.76b)
Interest Coverage Ratio = 3.54 (Ebit TTM 4.94b / Interest Expense TTM 1.40b)
EV/FCF = 34.00x (Enterprise Value 135b / FCF TTM 3.96b)
FCF Yield = 2.94% (FCF TTM 3.96b / Enterprise Value 135b)
FCF Margin = 36.19% (FCF TTM 3.96b / Revenue TTM 10.9b)
Net Margin = 30.88% (Net Income TTM 3.38b / Revenue TTM 10.9b)
Gross Margin = 73.19% ((Revenue TTM 10.9b - Cost of Revenue TTM 2.93b) / Revenue TTM)
Gross Margin QoQ = 73.03% (prev 73.91%)
Tobins Q-Ratio = 2.13 (Enterprise Value 135b / Total Assets 63.3b)
Interest Expense / Debt = 2.65% (Interest Expense 1.40b / Debt 52.8b)
Taxrate = 10.68% (415.4m / 3.89b)
NOPAT = 4.41b (EBIT 4.94b * (1 - 10.68%))
Current Ratio = 0.35 (Total Current Assets 3.12b / Total Current Liabilities 8.87b)
Debt / Equity = 14.19 (Debt 52.8b / totalStockholderEquity, last quarter 3.72b)
Debt / EBITDA = 7.28 (Net Debt 51.0b / EBITDA 7.01b)
Debt / FCF = 12.88 (Net Debt 51.0b / FCF TTM 3.96b)
Total Stockholder Equity = 3.71b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.32% (Net Income 3.38b / Total Assets 63.3b)
RoE = 91.02% (Net Income TTM 3.38b / Total Stockholder Equity 3.71b)
RoCE = 13.84% (EBIT 4.94b / Capital Employed (Equity 3.71b + L.T.Debt 32.0b))
RoIC = 7.38% (NOPAT 4.41b / Invested Capital 59.8b)
WACC = 3.65% (E(83.6b)/V(136b) * Re(4.46%) + D(52.8b)/V(136b) * Rd(2.65%) * (1-Tc(0.11)))
Discount Rate = 4.46% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -22.48 | Cagr: -0.10%
[DCF] Terminal Value 76.18% ; FCFF base≈3.87b ; Y1≈4.08b ; Y5≈4.75b
[DCF] Fair Price = 47.46 (EV 73.1b - Net Debt 51.0b = Equity 22.1b / Shares 466.0m; r=8.35% [WACC [floored]]; 5y FCF grow 5.85% → 2.50% )
EPS Correlation: 71.92 | EPS CAGR: 31.96% | SUE: 0.09 | # QB: 0
Revenue Correlation: -30.00 | Revenue CAGR: -0.75% | SUE: 0.35 | # QB: 0
EPS current Quarter (2026-09-30): EPS=1.64 | Chg30d=+3.54% | Revisions=+70% | Analysts=7
EPS current Year (2026-12-31): EPS=6.98 | Chg30d=+0.00% | Revisions=+70% | GrowthEPS=+29.3% | GrowthRev=+3.4%
EPS next Year (2027-12-31): EPS=7.01 | Chg30d=+0.00% | Revisions=+0% | GrowthEPS=+0.4% | GrowthRev=+3.5%
[Analyst] Revisions Ratio: +56% (up=18, down=4)