American Tower Corporation AMT
REIT - Specialty, Real Estate
$166.18
+0.85%
- Market cap
- $77.4B
- PE
- 22.9×
- 10y median 56.1×
- Forward PE
- Price to sales
- 7.1×
- EV/EBIT
- 24.4×
- Revenue, 12 months
- $10.9B
- +7% on a year ago
- Net margin
- 32.1%
- Free cash flow yield
- 5.1%
American Tower trades at 22.9× trailing earnings, cheaper than 100% of the last ten years. Revenue was $10.9B over the last twelve months, up 7% on a year earlier with a 32% net margin.
Charts
Financials
| Income statement | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| $2.5B | $2.5B | $2.5B | $2.5B | $2.5B+4% | $2.6B+2% | $2.6B+3% | $2.7B+8% | $2.7B+8% | $2.7B+7% | $2.7B+5% | |
| Cost of revenue | $811.4M | $788.3M | $821.9M | $651.8M | $654.4M−19% | $634.5M−20% | $688.7M−16% | $676M+4% | $802.3M+23% | $714.1M+13% | $741.3M+8% |
| Gross profit | $2B | $2B | $2.1B | $1.9B | $1.9B−4% | $1.9B−6% | $1.9B−7% | $2B+9% | $1.9B+2% | $2B+5% | $2B+4% |
| SG&A | $245.2M | $244.3M | $218.3M | $227.7M | $243.1M−1% | $237.5M−3% | $233.7M+7% | $233M+2% | $236.5M−3% | $257.4M+8% | $233.8M+0% |
| $612.8M | $1.1B | $1.2B | $1.1B | $1.1B+76% | $1.3B+10% | $1.2B+4% | $1.2B+8% | $1.2B+8% | $1.2B−1% | $1.3B+6% | |
| Interest expense | $350.7M | $366.7M | $365.4M | $356.8M | $321.2M−8% | $325.3M−11% | $342.6M−6% | $0 | $350M+9% | $344.4M+6% | $354.5M+4% |
| Pre-tax income | −$68.8M | $921.3M | $847.3M | $550.5M | $1.3B | $617.5M−33% | $511.8M−40% | $950M+73% | $964.9M−26% | $1B+65% | $1B+97% |
| −$7.6M | $91.3M | $77.4M | $122.4M | $75.2M | $118.9M+30% | $131.3M+70% | $37.4M−69% | $128.1M+70% | $139.6M+17% | $121.8M−7% | |
| Net income | $13.3M | $921.7M | $908.4M | −$780.4M | $1.2B+9152% | $498.6M−46% | $380.5M−58% | $912.6M | $836.8M−32% | $878.5M+76% | $887.5M+133% |
| $0.18 | $1.96 | $1.92 | −$1.69 | $2.62+1356% | $1.04−47% | $0.78−59% | $1.82 | $1.75−33% | $1.84+77% | $1.86+139% | |
| 467.5M | 467.7M | 467.8M | 468.3M | 468.4M+0% | 468.5M+0% | 468.8M+0% | 469M+0% | 469.1M+0% | 466.8M−0% | 466.3M−1% |
From each company's 10-Q and 10-K filings. Fiscal years are four fiscal quarters added up; balance sheet lines are as of the period's end. Growth is on the same period a year earlier.
Estimates
Next earnings report: .
Analyst consensus for the next eight quarters, with the range from the lowest to the highest estimate, is part of Superworth Pro.
Peers
Companies in REIT - Specialty within ten times American Tower's size, closest in size first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| AMTAmerican Tower Corporation | $77.4B | 22.9× | 56.1× | 7.1× | +7% | 32.1% | |
| DLRDigital Realty Trust, Inc. | $66.8B | 87.2× | 67.6× | 9.9× | +17% | 11.8% | |
| EQIXEquinix, Inc. | $101.8B | 66.4× | 98.1× | 10.4× | +10% | 15.6% | |
| IRMIron Mountain Incorporated | $34.5B | 82.7× | 48.2× | 4.6× | +17% | 5.5% | |
| CCICrown Castle Inc. | $29.4B | 35.0× | 77.1× | 7.1× | −5% | 20.7% | |
| Peer median | $50.6B | 74.6× | 72.3× | 8.5× | +14% | 13.7% |
About
- Industry
- REIT - Specialty
- Sector
- Real Estate
Valuation data, not investment advice. Prices as of .