Overview Dividends

(AMT) American Tower - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US03027X1000

Tower, Antenna, Site, Lease, Colocation

AMT EPS (Earnings per Share)

EPS Growth (3Y CAGR): 169.47%
EPS Trend (3Y Correlation): 30.3%

AMT Revenue

Revenue Growth (3Y CAGR): -0.61%
Revenue Trend (3Y Correlation): -33.6%

Description: AMT American Tower

American Tower Corp (NYSE: AMT) is a leading global REIT that owns, operates, and develops multitenant communications infrastructure, managing roughly 150,000 tower sites worldwide and an expanding network of U.S. data-center facilities.

Key financial and operational metrics (as of FY 2023) include total revenue of about $9.5 billion, funds-from-operations (FFO) growth of roughly 12 % year-over-year, and a portfolio occupancy rate exceeding 96 %. The company’s cash conversion cycle remains under 30 days, underscoring strong cash flow generation.

Sector drivers that materially affect AMT’s outlook are the continued rollout of 5G networks, which fuels demand for additional tower capacity, and the accelerating migration of enterprise workloads to edge-proximate data centers-both trends that bolster lease-rate growth and tenant diversification.

Analysts should also monitor macro-level variables such as U.S. interest-rate trends (which influence REIT discount rates) and global telecom capex cycles, as these can materially shift valuation multiples and financing costs.

For a deeper, data-rich dive into how these factors translate into valuation levers, you might explore the AMT profile on ValueRay to see the latest model assumptions and scenario analyses.

AMT Stock Overview

Market Cap in USD	86,903m
Sub-Industry	Telecom Tower REITs
IPO / Inception	1998-06-05

AMT Stock Ratings

Growth Rating	2.86%
Fundamental	57.3%
Dividend Rating	67.6%
Return 12m vs S&P 500	-23.6%
Analyst Rating	4.35 of 5

AMT Dividends

Dividend Yield 12m	3.51%
Yield on Cost 5y	3.24%
Annual Growth 5y	9.36%
Payout Consistency	100.0%
Payout Ratio	126.1%

AMT Growth Ratios

Growth Correlation 3m	-93.4%
Growth Correlation 12m	22.5%
Growth Correlation 5y	-33.7%
CAGR 5y	4.08%
CAGR/Max DD 3y (Calmar Ratio)	0.13
CAGR/Mean DD 3y (Pain Ratio)	0.32
Sharpe Ratio 12m	0.80
Alpha	-28.18
Beta	0.866
Volatility	26.73%
Current Volume	1981.4k
Average Volume 20d	3022.7k
Stop Loss	185.5 (-3%)
Signal	0.49

Piotroski VR‑10 (Strict, 0-10) 4.0

Net Income (1.29b TTM) > 0 and > 6% of Revenue (6% = 615.6m TTM)

FCFTA 0.06 (>2.0%) and ΔFCFTA 0.66pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue -22.05% (prev -25.13%; Δ 3.08pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.08 (>3.0%) and CFO 5.24b > Net Income 1.29b (YES >=105%, WARN >=100%)

Net Debt (43.14b) to EBITDA (6.69b) ratio: 6.45 <= 3.0 (WARN <= 3.5)

Current Ratio 0.61 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (468.7m) change vs 12m ago 0.20% (target <= -2.0% for YES)

Gross Margin 74.37% (prev 72.29%; Δ 2.08pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 15.83% (prev 16.77%; Δ -0.94pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 3.47 (EBITDA TTM 6.69b / Interest Expense TTM 1.35b) >= 6 (WARN >= 3)

Altman Z'' -0.21

(A) -0.04 = (Total Current Assets 3.60b - Total Current Liabilities 5.86b) / Total Assets 63.75b

(B) -0.08 = Retained Earnings (Balance) -5.16b / Total Assets 63.75b

(D) -0.19 = Book Value of Equity -10.12b / Total Liabilities 53.28b

Total Rating: -0.21 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 57.33

1. Piotroski 4.0pt = -1.0

2. FCF Yield 2.88% = 1.44

3. FCF Margin 36.46% = 7.50

4. Debt/Equity 12.18 = -2.50

5. Debt/Ebitda 6.45 = -2.50

6. ROIC - WACC (= 2.32)% = 2.90

7. RoE 36.23% = 2.50

8. Rev. Trend -33.61% = -2.52

9. EPS Trend 30.34% = 1.52

What is the price of AMT shares?

As of October 19, 2025, the stock is trading at USD 191.29 with a total of 1,981,420 shares traded.
Over the past week, the price has changed by +2.47%, over one month by -2.15%, over three months by -13.48% and over the past year by -11.74%.

Is American Tower a good stock to buy?

Neither. Based on ValueRay´s Fundamental Analyses, American Tower is currently (October 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 57.33 and therefor a neutral outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of AMT is around 178.98 USD . This means that AMT is currently overvalued and has a potential downside of -6.44%.

Is AMT a buy, sell or hold?

American Tower has received a consensus analysts rating of 4.35. Therefore, it is recommended to buy AMT.

Strong Buy: 11
Buy: 9
Hold: 3
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the AMT price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	246.3	28.8%
Analysts Target Price	246.3	28.8%
ValueRay Target Price	195.5	2.2%

Last update: 2025-10-10 02:25

AMT Fundamental Data Overview

Market Cap USD = 86.90b (86.90b USD * 1.0 USD.USD)
P/E Trailing = 34.6897
P/E Forward = 26.3158
P/S = 8.4704
P/B = 24.11
P/EG = 52.7919
Beta = 0.866
Revenue TTM = 10.26b USD
EBIT TTM = 4.67b USD
EBITDA TTM = 6.69b USD
Long Term Debt = 35.19b USD (from longTermDebt, last quarter)
Short Term Debt = 2.90b USD (from shortTermDebt, last quarter)
Debt = 45.21b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 43.14b USD (from netDebt column, last quarter)
Enterprise Value = 130.04b USD (86.90b + Debt 45.21b - CCE 2.08b)
Interest Coverage Ratio = 3.47 (Ebit TTM 4.67b / Interest Expense TTM 1.35b)
FCF Yield = 2.88% (FCF TTM 3.74b / Enterprise Value 130.04b)
FCF Margin = 36.46% (FCF TTM 3.74b / Revenue TTM 10.26b)
Net Margin = 12.60% (Net Income TTM 1.29b / Revenue TTM 10.26b)
Gross Margin = 74.37% ((Revenue TTM 10.26b - Cost of Revenue TTM 2.63b) / Revenue TTM)
Gross Margin QoQ = 73.78% (prev 75.24%)
Tobins Q-Ratio = 2.04 (Enterprise Value 130.04b / Total Assets 63.75b)
Interest Expense / Debt = 0.76% (Interest Expense 342.6m / Debt 45.21b)
Taxrate = 25.65% (131.3m / 511.8m)
NOPAT = 3.48b (EBIT 4.67b * (1 - 25.65%))
Current Ratio = 0.61 (Total Current Assets 3.60b / Total Current Liabilities 5.86b)
Debt / Equity = 12.18 (Debt 45.21b / totalStockholderEquity, last quarter 3.71b)
Debt / EBITDA = 6.45 (Net Debt 43.14b / EBITDA 6.69b)
Debt / FCF = 11.53 (Net Debt 43.14b / FCF TTM 3.74b)
Total Stockholder Equity = 3.57b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.03% (Net Income 1.29b / Total Assets 63.75b)
RoE = 36.23% (Net Income TTM 1.29b / Total Stockholder Equity 3.57b)
RoCE = 12.06% (EBIT 4.67b / Capital Employed (Equity 3.57b + L.T.Debt 35.19b))
RoIC = 8.57% (NOPAT 3.48b / Invested Capital 40.55b)
WACC = 6.25% (E(86.90b)/V(132.12b) * Re(9.21%) + D(45.21b)/V(132.12b) * Rd(0.76%) * (1-Tc(0.26)))
Discount Rate = 9.21% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 0.14%
[DCF Debug] Terminal Value 77.37% ; FCFE base≈3.62b ; Y1≈4.35b ; Y5≈7.03b
Fair Price DCF = 207.2 (DCF Value 97.02b / Shares Outstanding 468.3m; 5y FCF grow 21.83% → 3.0% )
EPS Correlation: 30.34 | EPS CAGR: 169.5% | SUE: -2.44 | # QB: 0
Revenue Correlation: -33.61 | Revenue CAGR: -0.61% | SUE: 0.09 | # QB: 0

Additional Sources for AMT Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle