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): 242.82%
EPS Trend (3Y Correlation): 55.9%

AMT Revenue

Revenue Growth (3Y CAGR): 0.17%
Revenue Trend (3Y Correlation): -31.1%

Risk via 10d forecast
Volatility	25.9%
Value at Risk 5%th	40.3%
Relative Tail Risk	-5.33%

Reward TTM
Sharpe Ratio	-0.15
Alpha	-6.66

Character TTM
Hurst Exponent	0.528
Beta	0.048
Beta Downside	0.076

Drawdowns 3y
Max DD	31.21%
Mean DD	13.19%
Median DD	13.11%

Description: AMT American Tower September 25, 2025

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	84,430m
Sub-Industry	Telecom Tower REITs
IPO / Inception	1998-06-05
Return 12m vs S&P 500	-17.4%
Analyst Rating	4.35 of 5

AMT Dividends

Dividend Yield	3.66%
Yield on Cost 5y	3.24%
Yield CAGR 5y	9.36%
Payout Consistency	100.0%
Payout Ratio	107.4%

AMT Growth Ratios

CAGR 3y	-2.10%
CAGR/Max DD Calmar Ratio	-0.07
CAGR/Mean DD Pain Ratio	-0.16
Current Volume	3796.2k
Average Volume	2663.8k

Piotroski VR‑10 (Strict, 0-10) 3.5

Net Income (2.94b TTM) > 0 and > 6% of Revenue (6% = 627.3m TTM)

FCFTA 0.06 (>2.0%) and ΔFCFTA 0.11pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue -23.51% (prev -33.23%; Δ 9.72pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.08 (>3.0%) and CFO 5.24b > Net Income 2.94b (YES >=105%, WARN >=100%)

Net Debt (43.06b) to EBITDA (7.06b) ratio: 6.10 <= 3.0 (WARN <= 3.5)

Current Ratio 0.59 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (468.9m) change vs 12m ago 0.13% (target <= -2.0% for YES)

Gross Margin 74.62% (prev 72.17%; Δ 2.45pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 16.50% (prev 17.58%; Δ -1.08pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 5.09 (EBITDA TTM 7.06b / Interest Expense TTM 989.1m) >= 6 (WARN >= 3)

Altman Z'' -0.18

(A) -0.04 = (Total Current Assets 3.54b - Total Current Liabilities 5.99b) / Total Assets 63.89b

(B) -0.08 = Retained Earnings (Balance) -5.11b / Total Assets 63.89b

(D) -0.19 = Book Value of Equity -9.92b / Total Liabilities 53.12b

Total Rating: -0.18 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 64.98

1. Piotroski 3.50pt = -1.50

2. FCF Yield 2.90% = 1.45

3. FCF Margin 35.30% = 7.50

4. Debt/Equity 11.39 = -2.50

5. Debt/Ebitda 6.10 = -2.50

6. ROIC - WACC (= 7.65)% = 9.57

7. RoE 80.60% = 2.50

8. Rev. Trend -31.07% = -2.33

9. EPS Trend 55.93% = 2.80

What is the price of AMT shares?

As of November 18, 2025, the stock is trading at USD 183.59 with a total of 3,796,183 shares traded.
Over the past week, the price has changed by +2.15%, over one month by -4.12%, over three months by -8.82% and over the past year by -4.51%.

Is American Tower a good stock to buy?

Neither. Based on ValueRay´s Fundamental Analyses, American Tower is currently (November 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 64.98 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 176.74 USD . This means that AMT is currently overvalued and has a potential downside of -3.73%.

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	232	26.4%
Analysts Target Price	232	26.4%
ValueRay Target Price	189.6	3.3%

AMT Fundamental Data Overview November 06, 2025

Market Cap USD = 84.43b (84.43b USD * 1.0 USD.USD)
P/E Trailing = 28.764
P/E Forward = 26.3158
P/S = 8.0758
P/B = 24.11
P/EG = 52.7919
Beta = 0.917
Revenue TTM = 10.45b USD
EBIT TTM = 5.04b USD
EBITDA TTM = 7.06b USD
Long Term Debt = 32.81b USD (from longTermDebt, last fiscal year)
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 = 127.49b USD (84.43b + Debt 45.01b - CCE 1.95b)
Interest Coverage Ratio = 5.09 (Ebit TTM 5.04b / Interest Expense TTM 989.1m)
FCF Yield = 2.90% (FCF TTM 3.69b / Enterprise Value 127.49b)
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 = 2.00 (Enterprise Value 127.49b / Total Assets 63.89b)
Interest Expense / Debt = 0.76% (Interest Expense 342.6m / Debt 45.01b)
Taxrate = 3.94% (37.4m / 950.0m)
NOPAT = 4.84b (EBIT 5.04b * (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 = 6.10 (Net Debt 43.06b / EBITDA 7.06b)
Debt / FCF = 11.67 (Net Debt 43.06b / FCF TTM 3.69b)
Total Stockholder Equity = 3.65b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.60% (Net Income 2.94b / Total Assets 63.89b)
RoE = 80.60% (Net Income TTM 2.94b / Total Stockholder Equity 3.65b)
RoCE = 13.81% (EBIT 5.04b / Capital Employed (Equity 3.65b + L.T.Debt 32.81b))
RoIC = 11.95% (NOPAT 4.84b / Invested Capital 40.49b)
WACC = 4.29% (E(84.43b)/V(129.44b) * Re(6.19%) + D(45.01b)/V(129.44b) * Rd(0.76%) * (1-Tc(0.04)))
Discount Rate = 6.19% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: 100.0 | Cagr: 0.15%
[DCF Debug] Terminal Value 81.10% ; FCFE base≈3.64b ; Y1≈4.38b ; Y5≈7.08b
Fair Price DCF = 258.1 (DCF Value 120.85b / Shares Outstanding 468.1m; 5y FCF grow 21.83% → 3.0% )
EPS Correlation: 55.93 | EPS CAGR: 242.8% | SUE: 0.25 | # QB: 0
Revenue Correlation: -31.07 | Revenue CAGR: 0.17% | SUE: 0.16 | # QB: 0

Additional Sources for AMT Stock

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