Stocktoria
AMERICAN TOWER CORP /MA/ AMT
NYSE · XNYS · reit · Real Estate Investment Trusts · website · IPO 1998-06-05
AMERICAN TOWER CORP /MA/ statistics & valuation
Market cap as of 2026-06-30. Multiples are price-derived and refreshed daily; everything else is from filings.
P / E vs its own history
AMERICAN TOWER CORP /MA/ trades at about 30.4× earnings — below its 10-year norm (10-year range 33.2×–62.4×, median 55.3×).
33.2×
62.4×
Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.
Key ratios (by fiscal year)
| Ratio | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | 45.5% | 44.6% | 31.2% | 28.4% | 33.5% | 35.9% | 35.5% | 25.6% | 30.0% | 32.0% |
| Net margin | — | — | — | — | — | 21.0% | 24.9% | 16.6% | 18.6% | 16.5% |
| FCF margin | 35.5% | 36.5% | 29.2% | 18.9% | 36.8% | 35.4% | 36.4% | 38.1% | 31.8% | 34.9% |
| Return on assets | — | — | — | — | — | 3.6% | 4.4% | 3.7% | 3.7% | 3.1% |
| Return on equity | — | — | — | — | — | 37.0% | 34.4% | 21.0% | 18.1% | 13.7% |
| Debt / equity | — | — | — | 3.14× | 4.80× | — | 0.00× | 3.59× | 2.96× | 2.66× |
| Current ratio | 0.40 | 0.45 | 0.51 | 0.44 | 0.41 | 0.79 | 0.47 | 0.51 | 0.81 | 1.04 |
Source: SEC EDGAR filings · CIK 0001053507 · as of 2025-12-31. Facts from filings plus Stocktoria's own computed scores — not investment advice.