Skip to main content
    A

    American Tower Corp (AMT)

    Official site

    REAL ESTATE • REIT - SPECIALTY • NYSE

    $181.36
    +1.96 (+1.09%)

    Market Cap: $83.59B

    Last updated: Oct 16, 2026 at 1:54 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    59%(23/39)
    Avg Surprise
    -0.16%
    Streak
    4 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$1.64
    Range$1.59 - $1.69
    7 analysts
    EPS Revisions
    7
    0
    7d
    7
    0
    30d
    EPS Estimate DriftChange to current
    90d ago$1.58+3.8%
    60d ago$1.58+3.8%
    30d ago$1.58+3.5%
    7d ago$1.640.0%
    Current$1.64
    Revenue Consensus
    $2.8B
    Range$2.7B - $2.8B
    16 analysts
    Period ending Dec 31, 2026
    EPS Consensus$2.23
    Range$2.12 - $2.36
    7 analysts
    Revenue Consensus
    $2.9B
    Range$2.6B - $3.0B
    21 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$2.23---
    Sep 26EST
    		-$1.64---
    Jun 26
    Reported Jul 28
    		$2.71$2.65+2.26%Beat+247.4%
    Mar 26
    Reported Apr 28
    		$1.84$1.57+17.20%Beat+76.9%
    Dec 25
    Reported Feb 24
    		$1.75$1.47+19.06%Beat-33.2%
    Sep 25
    Reported Oct 28
    		$1.82$1.65+10.30%Beat+104.5%
    Jun 25
    Reported Jul 29
    		$0.78N/A-53.01%Miss-59.4%
    Mar 25
    Reported Apr 29
    		$1.04$1.57-33.76%Miss-46.9%
    Dec 24
    Reported Feb 25
    		$2.62$1.57+66.88%Beat+1355.6%
    Sep 24
    Reported Oct 29
    		$0.89$1.55-42.58%Miss-52.7%
    Jun 24
    Reported Jul 30
    		$1.92$1.58+21.52%Beat+88.2%
    Mar 24
    Reported Apr 30
    		$1.96$1.76+11.36%Beat+172.2%
    Dec 23
    Reported Feb 27
    		$0.18N/A-80.85%Miss+112.2%
    Sep 23
    Reported Oct 26
    		$1.88$1.13+66.37%Beat+4.4%
    Jun 23
    Reported Jul 27
    		$1.02$1.08-5.56%Miss-47.7%
    Mar 23
    Reported Apr 26
    		$0.72$1.11-35.14%Miss-53.8%
    Dec 22
    Reported Feb 23
    		$-1.47$1.04-241.35%Miss-248.5%
    Sep 22
    Reported Oct 27
    		$1.80$1.05+71.43%Beat+13.9%
    Jun 22
    Reported Jul 28
    		$1.95$0.96+103.13%Beat+18.2%
    Mar 22
    Reported Apr 27
    		$1.56$1.08+44.44%Beat+20.0%
    Dec 21
    Reported Feb 24
    		$0.99$1.15-13.91%Miss+20.7%
    Sep 21
    Reported Oct 28
    		$1.58$1.21+30.58%Beat+41.1%
    Jun 21
    Reported Jul 29
    		$1.65$1.25+32.00%Beat+65.0%
    Mar 21
    Reported Apr 29
    		$1.30$1.25+4.00%Beat+30.0%
    Dec 20
    Reported Feb 25
    		$0.82$1.27-35.43%Miss-34.9%
    Sep 20
    Reported Oct 29
    		$1.12$1.09+2.75%Beat+0.0%
    Jun 20
    Reported Jul 30
    		$1.00$1.04-3.85%Miss-1.0%
    Mar 20
    Reported Apr 29
    		$1.00$1.03-2.91%Miss+7.5%
    Dec 19
    Reported Feb 25
    		$1.26$1.02+23.53%Beat+103.2%
    Sep 19
    Reported Oct 31
    		$1.12$0.95+17.89%Beat+34.9%
    Jun 19
    Reported Jul 31
    		$1.01$0.91+10.99%Beat+40.3%
    Mar 19
    Reported May 3
    		$0.93$0.84+10.71%Beat+22.4%
    Dec 18
    Reported Feb 27
    		$0.62$0.77-19.48%Miss-22.5%
    Sep 18
    Reported Oct 30
    		$0.83$0.82+1.22%Beat+15.3%
    Jun 18
    Reported Jul 31
    		$0.72$0.81-11.11%Miss-10.0%
    Mar 18
    Reported May 1
    		$0.76$0.77-1.30%Miss-3.8%
    Dec 17
    Reported Feb 27
    		$0.80$0.74+8.11%Beat+70.2%
    Sep 17
    Reported Oct 31
    		$0.72$0.79-8.86%Miss-
    Jun 17
    Reported Jul 27
    		$0.80$0.74+8.11%Beat-
    Mar 17
    Reported Apr 27
    		$0.79$0.67+17.91%Beat-
    Dec 16
    Reported Feb 27
    		$0.47$0.58-18.97%Miss-

    Dividends

    Dividend Metrics

    Forward Yield3.95%
    Forward Annual Dividend$7.16
    FrequencyQuarterly
    Pay MonthsFeb, Apr, Jul, Oct

    Growth

    3Y CAGR+5.08%
    5Y CAGR+8.46%
    AMT dividend history and ex-dividend datesRun AMT in the free DRIP calculator

    Key Metrics

    Valuation
    P/E Ratio22.33EV/EBITDA16.54x
    Price/FCFN/AFCF YieldN/A
    Profitability
    Profit Margin31.10%Operating Margin45.40%
    ROE33.90%ROIC11.29%
    Financial Health
    Debt/Equity10.00xInterest Coverage3.71x
    Current Ratio0.35xQuick Ratio0.35x
    Trading Statistics
    Beta0.89Avg Volume3.24M
    52-Week High$192.1552-Week Low$158.35

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$172.71
    SMA 20$170.17
    SMA 50$171.79
    SMA 200$174.41
    EMA 10$175.25
    EMA 20$172.72
    EMA 50$171.77
    EMA 200$176.10

    MACD

    Line: 2.17Signal: 0.18Hist: 1.99

    ADX

    ADX: 24.0+DI: 36.9-DI: 16.8

    Aroon & PSAR

    Aroon Up92.0
    Aroon Down68.0
    PSAR$166.04

    Bollinger Bands

    Upper Band$184.63
    Lower Band$155.71
    %B Position1700%(Upper)
    Band Width0.89

    RSI (14-Day)

    Neutral
    65.4

    Momentum Oscillators

    Stoch %K80.8
    Stoch %D85.5
    Williams %R-13.9
    ROC (10d)12.6%
    Momentum20.30
    CCI (20d)125.6
    MFI (14d)55.3

    Volatility Measures

    ATR (14d)$4.75(2.6%)
    StdDev (20d)7.23
    Hist Vol38.3%(Moderate)

    Volume Flow

    VWAP$182.14
    OBV5.1M
    AD Line-1.5B
    CMF (20d)-0.382

    Volume Metrics

    Avg Vol (20d)3.3M
    Vol Ratio0.9x
    VWMA (20d)$171.52

    Pivot Points

    R3$184.27
    R2$182.11
    R1$180.75
    Pivot Point$178.59
    S1$177.23
    S2$175.07
    S3$173.71

    Advanced Oscillators

    TSI13.97
    Ultimate Osc57.3
    KST-6.89

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$2.75B$2.74B$2.74B$2.72B$2.63B$2.56B$2.55B$2.52B$2.54B$2.51B$1.95B$2.52B
    Cost of Revenue$741.30M$703.30M$1.37B$53.80M$688.70M$634.50M$654.40M$651.80M$649.30M$618.90M$-775,700,000$12.50M
    Gross Profit$2.01B$2.03B$1.37B$2.66B$1.94B$1.93B$1.89B$1.87B$1.90B$1.89B$2.73B$2.51B
    Operating Expenses$739.00M$795.00M$202.20M$1.43B$740.50M$674.20M$818.50M$726.20M$738.90M$752.70M$2.16B$1.60B
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$233.80M$257.40M$236.50M$233.00M$233.70M$237.50M$243.10M$227.70M$218.30M$244.30M$89.90M$220.30M
    Operating Income$1.27B$1.24B$1.16B$1.23B$1.20B$1.25B$1.08B$1.14B$1.16B$1.14B$563.20M$913.00M
    Interest Income$44.40M$36.00M$40.40M$36.10M$30.60M$26.90M$32.10M$37.70M$34.40M$31.00M$23.90M$33.30M
    Interest Expense$357.70M$347.30M$344.40M$347.10M$342.60M$325.30M$321.20M$356.80M$362.70M$363.80M$343.40M$356.50M
    Income Before Tax$1.01B$1.02B$964.90M$950.00M$511.80M$617.50M$1.31B$550.50M$847.30M$921.30M$-138,100,000$824.30M
    Income Tax Expense$121.80M$139.60M$128.10M$37.40M$131.30M$118.90M$75.20M$122.40M$77.40M$91.30M$-25,300,000$49.50M
    Net Income$887.50M$878.50M$836.80M$912.60M$380.50M$498.60M$1.23B$-780,400,000$908.40M$921.70M$13.30M$577.30M
    EBITDA$1.84B$1.85B$1.78B$1.78B$1.33B$1.41B$2.10B$1.38B$1.74B$1.80B$946.30M$1.91B
    EBIT$1.32B$1.33B$1.27B$1.26B$823.80M$915.90M$1.60B$864.50M$1.18B$1.25B$181.40M$1.15B
    * Some calculated fields are derived from available data when not provided by source

    Related GNG Research

    Two Yielders, One Trap

    Yield screens conflate VICI (6.4%) and SL Green (~5%) - VICI pays ~75% of AFFO and has raised dividends annually since 2018; SL Green covers only about one third of its interest bill and has cut payouts Use FFO/AFFO not GAAP earnings...

    Michael Shterk
    •
    7/14/26
    •
    431
    real estate, Stock Analysis, Valuation Analysis, Technical Analysis
    Also mentions:
    SLGREXRAMTKRG

    Government Contracts

    Gov Obligations (TTM)
    $1.51M
    Gov Obligations / Revenue
    0.0%
    Obligations YoY
    -4.1%
    Active Awards
    49
    New Awards (TTM)
    20
    Avg Remaining Term
    9.8 mo

    Top agency: Department of Homeland Security at 36.6% of trailing twelve month obligations across 8 agencies

    Recent Awards

    Award IDAgencyObligatedStart
    70US0925C70094091Department of Homeland SecurityU.S. Secret Service$359599Oct 1, 2025
    19AQMM26P0217Department of StateDepartment of State$131212Jan 1, 2026
    19AQMM26P0227Department of StateDepartment of State$86813Jan 1, 2026
    15DDHQ25P00000650Department of JusticeDrug Enforcement Administration$65010Oct 1, 2025
    2023H226P00005Department of the TreasuryInternal Revenue Service$50885Oct 1, 2025
    2023H226P00007Department of the TreasuryInternal Revenue Service$48721Oct 1, 2025
    19AQMM26P0152Department of StateDepartment of State$32456Jan 1, 2026
    15DDHQ26P00000396Department of JusticeDrug Enforcement Administration$29575Jun 15, 2026
    70US0925C70094143Department of Homeland SecurityU.S. Secret Service$28717Oct 1, 2025
    70FA5026P00000011Department of Homeland SecurityFederal Emergency Management Agency$26755Jan 1, 2026

    Federal contract obligations are bookings recorded by the awarding agency, not recognized revenue. They can exceed 100% of revenue and can be negative when contracts are de-obligated. Source: USAspending.gov prime awards, data through Jul 31, 2026.

    News

    American Tower reports October 27: USD 2.77 billion revenue for American Tower stock

    American Tower (AMT) is scheduled to report its next earnings on October 27, 2026, with consensus estimates predicting USD 2.84 earnings per share and USD 2.77 billion in revenue. This projected revenue marks a 2.06%...

    ad-hoc-news.de•10/16/26•Somewhat-Bullish

    Wells Fargo Adjusts Price Target on American Tower to $195 From $200

    Wells Fargo has revised its price target for American Tower (AMT) from $200 to $195. Despite this adjustment, the average analyst rating for American Tower remains "buy," with a mean price target of $215.86. The full MT...

    Yahoo Finance•10/16/26•Somewhat-Bearish

    American Tower schedules October 27 results. American Tower stock yields 4.30 percent

    American Tower is set to release its third-quarter results on October 27, 2026, with analysts anticipating USD 2.76 billion in revenue and USD 1.64 earnings per share. The company's stock currently trades at EUR 162.10...

    ad-hoc-news.de•10/16/26•Neutral

    American Tower schedules October 27 results. American Tower stock yields 4.30 percent

    American Tower (NYSE: AMT) is scheduled to release its third-quarter results on October 27, 2026. Analysts expect revenue of USD 2.76 billion and earnings per share of USD 1.64. The company's stock currently yields 4.30...

    ad-hoc-news.de•10/16/26•Neutral

    American Tower Corporation $AMT Stock Holdings Raised by First Citizens Bank & Trust Co.

    First Citizens Bank & Trust Co. significantly increased its stake in American Tower Corporation (NYSE:AMT) by 433.4% in the third quarter...

    MarketBeat•10/16/26•Somewhat-Bullish

    AMT Valuation and Fair Value

    P/E
    22.3x
    Forward P/E
    24.6x
    EV/EBITDA
    16.5x
    PEG
    1.6x
    P/B
    22.7x
    See GNG's fair value

    AMT Profitability: Margins, ROIC and FCF

    Gross margin
    73.8%
    Operating margin
    45.4%
    Net margin
    31.1%
    ROIC
    11.3%
    ROE
    33.9%
    FCF margin
    34.5%

    AMT Competitors

    CompanyTicker
    Equinix IncEQIX
    Simon Property Group IncSPG
    Prologis IncPLD
    Vanguard Real Estate Index Fund ETF SharesVNQ
    Welltower IncWELL
    Digital Realty Trust IncDLR
    Public StoragePSA
    Realty Income CorporationO

    Sector: Real Estate

    AMT Analyst Ratings

    Consensus
    Buy
    Analysts
    25
    Strong Buy
    7
    Buy
    15
    Hold
    3
    Sell
    0
    Strong Sell
    0

    AMT Bull Case vs Bear Case

    Bull case

    • AMT converts 34.5% of revenue into free cash flow.
    • AMT has a 31.1% net profit margin.
    • 88.0% of AMT's analyst ratings are Buy or Strong Buy.

    Bear case

    • AMT has a debt-to-equity ratio of 10.0x.

    AMT Earnings: Beat Rate and Next Report

    Beat rate
    5 of 8 quarters (62.5%)
    Average surprise
    -1.7%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $1.64
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    7 up, 0 down

    AMT Dividend

    Forward yield
    3.9%
    3Y DPS growth
    5.1%
    5Y DPS growth
    8.5%
    Pay months
    Feb, Apr, Jul, Oct
    AMT dividend history

    Frequently Asked Questions About AMT

    What is AMT's current dividend yield?

    American Tower Corp (AMT) has a forward dividend yield of 3.95%.

    Does AMT pay dividends?

    Yes, American Tower Corp pays dividends with a forward dividend yield of 3.95%.

    What is AMT's P/E ratio?

    American Tower Corp has a price-to-earnings (P/E) ratio of 22.33.

    What is AMT's market cap?

    American Tower Corp (AMT) has a market capitalization of $83.59B with a current stock price of $181.36.

    Related stocks

    Sector: Real Estate

    All stocks starting with A

    Get full access to GNG Research

    Create a free account to access portfolio tracking, advanced tools, and more.

    Create Free AccountLog In