Stock Analysis
American Tower CorporationAMT
P/E 25.38×· 5Y range 22.07–143.04×· bottom 6% of history
Sector: Real Estate · Industry: Real Estate Investment Trusts
AnalystsStrong Buy29 analystsP/E 25.4× sits at the 6th percentile of its 5.089664613278576-year history.
Cash covers 4% of debt · FY 2025.
PMP Verdict
Mixed fundamentals, cheap valuation
Strengths
- Profitability87
- Quality85
Risks
- Growth11
- Financial Health13
Mixed business trading cheap — priced for skepticism.
Market context
+2.2% today· Z 0.7σ
Bull Case
- ✓ROE 93.1% — efficient capital deployment
- ✓P/E 25.4× at bottom 6% of 5-year history
What's happening with AMT
Profile
Strong profitability, earnings quality and moat; growth and financial health lag behind.
How is each axis scored?
- Valuation61/100 · Moderate
- P/E vs own history (6th pct)25/25
- FCF yield (4.6%)12/25
- P/S (7.9x)12/25
- EV/EBIT (24.2x)12/25
- Growth11/100 · Weak
- Revenue CAGR (3.3%)6/25
- Net income CAGR (-0.4%)0/25
- EPS CAGR 5Y (-1.2%)0/25
- Fwd implied growth (2.6%)5/25
- Profitability87/100 · Strong
- ROIC (10.8%)12/25
- ROE (93.1%)25/25
- Net margin (31.1%)25/25
- Operating margin (44.8%)25/25
- Financial Health13/100 · Weak
- Altman Z (1.21)3/25
- Current ratio (0.40)0/25
- Interest coverage (3.4x)10/25
- Net cash / debt (D/A 51%)0/25
- Quality85/100 · Strong
- Piotroski F (5/9)15/25
- Beneish M (-2.81)25/25
- FCF conversion (116%)25/25
- Margin stability (σ 7.1%)20/25
- Moat75/100 · Strong
- ROIC >12% years (0/10 yrs)0/25
- Median gross margin (99.2%)25/25
- FCF-positive years (10/10 yrs)25/25
- Worst-year net margin (worst 13.3%)25/25
Risk Flags
- ⚠Altman Z 1.2 — distress-zone balance sheet
About American Tower Corporation
American Tower owns and operates about 150,000 wireless towers throughout the US, Asia, Latin America, Europe, and Africa. Show more
It also owns and/or operates 30 data centers in 11 US markets through its CoreSite segment. The company's customer base in the tower business is very concentrated, with most revenue in each market generated by the top three or four mobile carriers. The company operates 42,000 towers in the US, which accounted for about half of total revenue in 2025. Outside the US, American Tower operates about 47,000 towers in Latin America (dominated by Brazil), 33,000 towers in Europe, and 28,000 towers in Africa. American Tower operates as a REIT.
Headquarters: BOSTON, MA · Employees: 4,866 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
61BP/E (TTM)25.3xC
Grade C: ExpensivePrice / TTM EPS (own statements) — vs own 5Y history: 22.1x–143.0x · 6th pct
P/FCF21.5xB
Grade B: FairPrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield4.6%C
Grade C: LowTTM (OCF − CapEx) / Market Cap — vs own 5Y history: 1.4%–5.5% · 92nd pct
P/S (TTM)7.88xC
Grade C: ExpensivePrice / TTM Revenue (own statements) — vs own 5Y history: 6.7x–15.5x · 19th pct
EV/EBIT24.2xC
Grade C: ExpensiveEnterprise value / TTM EBIT (D&A not in our data) — capital-structure neutral — vs own 5Y history: 22.4x–55.5x · 7th pct
EV/Sales11.0xD
Grade D: Very expensiveEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E24.7xB
Grade B: FairPrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio23.60xD
Grade D: Very expensivePrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio0.15A
Grade A: CheapFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield3.80%A
Grade A: PaysTTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio95.1%D
Grade D: UnsustainableDividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
87AROIC10.8%C
Grade C: AverageNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE93.1%A
Grade A: StrongReturn on Equity. Neg. equity = heavy buybacks
ROA5.4%C
Grade C: AverageReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin31.1%A
Grade A: HighNet Income / Revenue
Operating Margin44.8%A
Grade A: HighTTM EBIT / TTM Revenue
Gross Margin98.5%A
Grade A: PremiumGross Profit / Revenue
FCF Margin36.2%A
Grade A: HighFCF / Revenue
True FCF Margin34.7%A
Grade A: HighTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
11ERevenue CAGR3.3%D
Grade D: LowCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR-0.4%D
Grade D: LowCompound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)-1.2%D
Grade D: LowCompound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth2.6%B
Grade B: LowAnalyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)+3.7%C
Grade C: DilutiveShare count change over 5Y
SBC / Net Income4.9%A
Grade A: LowStock-based comp/Net income. >30% = dilution risk
SBC / Revenue1.5%A
Grade A: LowTTM stock-based comp / TTM Revenue
Financial Health
13EAltman Z-Score1.21D
Grade D: DistressBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio0.40xD
Grade D: LowCurrent Assets/Liabilities
Quick Ratio0.33xD
Grade D: Low(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage3.4xC
Grade C: OkEBIT/Interest. >10 Strong
Debt Repayment8.2yC
Grade C: AverageYears to repay net debt via FCF
Net Debt/EBIT6.6xD
Grade D: HighLeverage. <2x Low, >4x High
Debt/Equity9.26xD
Grade D: HighDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt0.04xD
Grade D: ThinCash covers how much of total debt. >1 = could repay all debt from cash
Quality
85APiotroski F-Score5/9C
Grade C: AverageFinancial strength 0–9. >7 Strong
Beneish M-Score-2.81A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion116.4%A
Grade A: StrongFCF / Net Income
Margin Stability7.1%A
Grade A: StableEBIT margin std deviation. Lower = stable
Capex / Revenue16.6%D
Grade D: HeavyTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.17xD
Grade D: LowRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Blanchett Paul Filed | Blanchett Paul | Grant / award | +16.3K | |
Kalathur Rajesh Filed | Kalathur Rajesh | BuyOpen market buy | +2.8K | |
Meyer Robert Joseph Filed | Meyer Robert Joseph | SellOpen market sale | -5000 | |
Dowling Ruth T Filed | Dowling Ruth T | SellOpen market sale | -1106 | |
Dowling Ruth T Filed | Dowling Ruth T | SellOpen market sale | -685 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Meyer Robert Joseph Filed | Meyer Robert Joseph | Tax withholding | -153 | |
REEVE PAMELA D A Filed | REEVE PAMELA D A | Gift | -810 | |
Dowling Ruth T Filed | Dowling Ruth T | SellOpen market sale | -416 |
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
75B+ROIC >12% Years0/10 yrsD
Grade D: WeakShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)99.2%A
Grade A: DurableMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years10/10 yrsA
Grade A: DurableShare of completed fiscal years with positive free cash flow
Net Margin Floor13.3%A
Grade A: DurableWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$7.30
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$3.78
Cash & short-term investments per share (Finnhub)
Book Value / Share$7.98
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$33.83B
Total debt obligations (short + long term)
Cash & Equiv.$1.47B
Cash and short-term investments
Net Debt$32.36B
Total Debt minus Cash. Negative = Net Cash position
Total Equity$3.65B
Shareholders' equity (book value)
Asset / Liability1.20xC
Grade C: AdequateTotal Assets / Total Liabilities
Market
Market Cap$86.20B
Current Market Capitalization
Beta0.88B
Grade B: MarketPrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jun 2026 · Ratio snapshot Oct 17, 2026
Key Insights: American Tower Corporation (AMT)
AMT is up 2.16% at the last close. Piotroski F-Score of 5/9 indicates mixed fundamentals for American Tower Corporation. Altman Z-Score of 1.21 is below the 1.81 distress threshold — an elevated financial-risk flag. Beneish M-Score of -2.81 suggests a low likelihood of earnings manipulation.
- American Tower Corporation converts about 36% of revenue into free cash flow — strong cash generation.
- Takes ~8.2 years to repay net debt from free cash flow.
- Return on equity of 93.1% is well above the market average.
- The stock currently yields 3.8% in dividends.
See how AMT ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all AMT moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 9 | Pre-market | 179.44 | +7.62% | 6.88 |
| Oct 9 | Regular | 182.02 | +9.17% | 8.15 |
| Oct 9 | After-hours | 181.25 | +8.71% | 7.77 |
| Oct 8 | After-hours | 175.00 | +5.31% | 4.09 |
| Oct 7 | After-hours | 169.50 | +2.86% | 2.39 |
Frequently Asked Questions about AMT
What is the current American Tower Corporation (AMT) stock price?
AMT is trading at $185.27 at the last market close, up 2.16% on the session. PreMarketPrice tracks AMT pre-market, intraday and after-hours prices.
Is AMT stock a buy right now?
PreMarketPrice's quantitative model rates American Tower Corporation's financial health at 13/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is AMT stock overvalued?
American Tower Corporation trades at a trailing P/E of 25.3 and our valuation score rates it 61/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does American Tower Corporation report earnings?
No confirmed earnings date is currently scheduled for AMT. The Earnings section lists recent reports and updates as dates are announced.
What sector does American Tower Corporation operate in?
American Tower Corporation operates in the Real Estate sector, within the Real Estate Investment Trusts industry. The Related Stocks section lists sector peers for comparison.
What does American Tower Corporation do?
American Tower owns and operates about 150,000 wireless towers throughout the US, Asia, Latin America, Europe, and Africa.
About American Tower Corporation (AMT) Stock
American Tower Corporation (AMT) is a US-listed stock operating in the Real Estate sector, specifically the Real Estate Investment Trusts industry. As of the latest update, American Tower Corporation is trading at $185.27, up 2.16% on the day with a market capitalization of $86.2 billion. The financial health score for AMT is 13/100, which indicates poor financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for AMT stock.
AMT Stock Analysis & Key Metrics
On PreMarketPrice, you can track American Tower Corporation (AMT) across multiple dimensions:
- Pre-market price & movement: Real-time AMT stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for AMT with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for American Tower Corporation across multiple reporting periods.
- Financial health score: A composite score of 13/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for AMT.
- Sector peers: Compare AMT against 5 other real estate stocks on key financial metrics.
Is AMT a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate American Tower Corporation (AMT) as an investment. The financial health score of 13/100 suggests poor financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.American Tower Corporation (AMT) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.