US · USD
AMT
American Tower Corp
- Day's range
- $160.94 – $164.79
- Day's volume
- $419M
- 52-week range
- $160.38 – $190.23
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See how AMT weighs in your net worth, what it has paid you and how far it is from your target allocation.
Create a free accountAMT in numbers
- Market cap
- $75B
- P/B
- 20.18
- Dividend yield (12m)
- 4.39%
- Net debt/EBITDA
- 0.50
The 12-month dividend yield of AMT is 4.39%, above its 5-year average of 2.95%.
AMT price history
AMT risk and return
Monthly closes adjusted for splits and distributions.
| Metric | 12 months | 36 months | 60 months |
|---|---|---|---|
| Return | -6.35% | +0.48% | -32.81% |
| Volatility (annualized) | 21.27% | 25.41% | 26.34% |
| Largest drawdown | -13.48% | -24.92% | -41.40% |
| Positive months | 7/12 | 20/36 | 31/60 |
How much did investing in AMT return?
$1,000.00 invested on 09/01/2021 would be worth $725.48 today.
- Value today in AMT
- $725.48
- Return over the period
- -27.45%
- Return per year
- -6.22%
- In the S&P 500
- $1,776.31
With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.
AMT fundamentals
Valuation
- P/E—
- P/B20.18
- EV/EBITDA11.26
- EV/EBIT16.02
- EV/Revenue87.88
- P/EBIT15.31
- P/S84.00
- P/OCF13.00
- P/FCF18.95
- Earnings yield6.24%
- PEG ratio—
- Earnings per share—
- Book value per share$7.98
Debt
- Net debt$3.5B
- Net debt/EBITDA0.50
- Net debt/Equity0.93
- Debt/Equity1.41
- Current ratio0.35
- Quick ratio—
- Cash ratio0.20
Efficiency
- Gross margin—
- EBITDA margin780.55%
- Operating margin548.69%
- Net margin—
- Asset turnover0.01
Profitability
- ROE—
- ROA—
- ROIC60.85%
- Payout—
Growth
- Revenue CAGR (5 years)8.96%
- Earnings CAGR (5 years)—
- Revenue growth (year)—
- Earnings growth (year)—
- Revenue growth (quarter)—
- Earnings growth (quarter)—
What is AMT's fair price?
Two classic value formulas, with today's numbers. The current price is $161.06.
- Graham's fair price
- —
- AMT's earnings per share and book value per share are not available, so the formula cannot be computed.
Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.
- Bazin's ceiling price
- $101.03
- 37.27% below the price
$6.06 (5-year average) ÷ 6%
Décio Bazin only bought stocks yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years over 6%.
Graham ignores growth and debt; Bazin assumes past distributions repeat. They are references to compare, not a buy recommendation.
AMT's indicators by year
Multiples at each year's closing price; margins and returns from that year's statements.
| Indicator | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | 59.00 | 53.92 | 56.44 |
| P/B | 22.40 | 25.35 | 23.98 | 17.70 | 26.24 | 24.37 | 20.13 | 13.08 |
| EV/EBITDA | 12.16 | 13.36 | 16.85 | 17.21 | 24.88 | 20.71 | 23.11 | 22.35 |
| Dividend yield | 3.83% | 3.58% | 2.92% | 2.69% | 1.72% | 1.93% | 1.57% | 1.90% |
| Earnings per share | — | — | — | — | — | $3.80 | $4.26 | $2.80 |
| Book value per share | $7.84 | $7.24 | $9.00 | $11.97 | $11.15 | $9.21 | $11.41 | $12.10 |
| ROE | — | — | — | — | — | 41.30% | 37.34% | 23.17% |
| ROIC | 75.18% | 79.99% | 53.34% | 30.34% | 36.91% | 85.50% | 41.47% | 7.53% |
| Gross margin | — | — | — | — | — | — | 91.82% | 90.01% |
| EBITDA margin | 735.91% | 844.99% | 810.12% | 702.21% | 761.94% | 962.24% | 847.27% | 817.38% |
| Net margin | — | — | — | — | — | 341.05% | 358.08% | 251.66% |
| Net debt/EBITDA | 0.28 | 0.26 | 0.22 | 0.50 | 0.48 | -0.20 | 0.32 | 4.97 |
AMT's financial statements
| Line | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Net revenue | $935.9M | $774.6M | $747.3M | $840.7M | $717.2M | $495.7M |
| Cost of revenue | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — |
| EBITDA | $6.9B | $6.5B | $6.1B | $5.9B | $5.5B | $4.8B |
| EBIT | $4.8B | $4.5B | $3.1B | $2.7B | $3.1B | $2.9B |
| Financial result | -$1.8B | -$891.7M | -$1.6B | -$652.6M | -$302.6M | -$1.1B |
| Income before tax | $3B | $3.6B | $1.5B | $2.1B | $2.8B | $1.8B |
| Income tax | -$415.7M | -$366.3M | -$90.8M | -$112.8M | -$261.8M | -$129.6M |
| Net income | — | — | — | — | — | $1.7B |
Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.
Does AMT pay dividends?
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 09/29/2026 | 10/20/2026 | $1.79 |
Dividend yield per year
- 1.75%2017
- 1.90%2018
- 1.57%2019
- 1.93%2020
- 1.72%2021
- 2.69%2022
- 2.92%2023
- 3.58%2024
- 3.83%2025
- 3.28%2026
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 06/11/2026 | 07/13/2026 | $1.79 |
| Dividend | 04/13/2026 | 04/28/2026 | $1.79 |
| Dividend | 12/26/2025 | 02/02/2026 | $1.70 |
| Dividend | 09/29/2025 | 10/20/2025 | $1.70 |
| Dividend | 06/12/2025 | 07/11/2025 | $1.70 |
| Dividend | 04/10/2025 | 04/28/2025 | $1.70 |
| Dividend | 12/26/2024 | 02/03/2025 | $1.62 |
| Dividend | 10/08/2024 | 10/25/2024 | $1.62 |
| Dividend | 06/13/2024 | 07/12/2024 | $1.62 |
| Dividend | 04/10/2024 | 04/26/2024 | $1.62 |
| Dividend | 12/26/2023 | 02/01/2024 | $1.70 |
| Dividend | 10/09/2023 | 10/27/2023 | $1.62 |
See all 39 distributions
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 06/14/2023 | 07/10/2023 | $1.57 |
| Dividend | 04/12/2023 | 04/28/2023 | $1.56 |
| Dividend | 12/26/2022 | 02/02/2023 | $1.56 |
| Dividend | 10/06/2022 | 10/26/2022 | $1.47 |
| Dividend | 06/15/2022 | 07/08/2022 | $1.43 |
| Dividend | 04/11/2022 | 04/29/2022 | $1.40 |
| Dividend | 12/22/2021 | 01/14/2022 | $1.39 |
| Dividend | 09/24/2021 | 10/15/2021 | $1.31 |
| Dividend | 06/16/2021 | 07/09/2021 | $1.27 |
| Dividend | 04/09/2021 | 04/29/2021 | $1.24 |
| Dividend | 12/23/2020 | 02/02/2021 | $1.21 |
| Dividend | 09/24/2020 | 10/16/2020 | $1.14 |
| Dividend | 06/17/2020 | 07/10/2020 | $1.10 |
| Dividend | 04/10/2020 | 04/29/2020 | $1.08 |
| Dividend | 12/25/2019 | 01/14/2020 | $1.01 |
| Dividend | 09/25/2019 | 10/17/2019 | $0.95 |
| Dividend | 06/17/2019 | 07/12/2019 | $0.92 |
| Dividend | 04/09/2019 | 04/26/2019 | $0.90 |
| Dividend | 12/25/2018 | 01/14/2019 | $0.84 |
| Dividend | 09/26/2018 | 10/17/2018 | $0.79 |
| Dividend | 06/15/2018 | 07/13/2018 | $0.77 |
| Dividend | 04/09/2018 | 04/27/2018 | $0.75 |
| Dividend | 12/26/2017 | 01/16/2018 | $0.70 |
| Dividend | 09/27/2017 | 10/17/2017 | $0.66 |
| Dividend | 06/14/2017 | 07/14/2017 | $0.64 |
| Dividend | 04/07/2017 | 04/28/2017 | $0.62 |
| Dividend | 12/22/2016 | 01/13/2017 | $0.58 |
About American Tower
- Sector
- Finance, insurance and real estate
Questions about AMT
How much is AMT today?
AMT is at $161.06 (-1.61% on the day), last traded on 10/01/2026.
How much did AMT pay in dividends in 2025?
AMT paid $6.72 per share in 2025, a dividend yield of 3.83%.
When is the next AMT dividend?
The next announced payment is $1.79 per share on 10/20/2026.
How much did AMT return in 12 months?
AMT returned -6.35% in 12 months, with annualized volatility of 21.27% and a largest drawdown of -13.48%.