American Tower (AMT) Stock Price

American Tower Price

NYSE·CLOSED
178.75
​
Market closed

Over the last 19 years American Tower grew revenue by 11.6% annually, reaching 10.65 B USD. Earnings per share have grown at 26.4% per year over the last 19 years. For American Tower, the net margin of 23.8% is down versus 27.4% a few years ago. At today's price the dividend yield works out to roughly 3.80%. The payout ratio is around 126% of earnings. The dividend has grown at 23.6% per year over the past 14 years. The consensus 12-month price target for American Tower is 209.00 USD, about 16.9% above where the stock trades today. Of 29 analysts, 25 rate the stock a buy — an overall Buy consensus.

American Tower stock price

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American Tower business model & stock analysis

The American Tower Corporation (ATC) is a leading provider of wireless infrastructure. The company was founded in 1995 and is headquartered in Boston, Massachusetts. History ATC was established to provide telecommunications providers with access to higher locations such as towers, antenna masts, and rooftop installations. In 1998, the company went public and expanded its services to the international market. In the following years, ATC expanded its portfolio by acquiring several companies and investing in new technologies. Today, ATC operates thousands of sites in the United States and in more than 20 countries worldwide. Business Model ATC provides wireless infrastructure for mobile network operators, cable operators, and other companies offering wireless data transfer. The company's model is simple: it owns towers, antenna masts, and other sites, and then leases them to telecommunications providers. Due to the high costs of building and maintaining towers and antenna masts, it is more cost-effective for telecommunications providers to enter into a lease agreement with ATC, rather than owning their own infrastructure. Divisions ATC operates three business segments: US Business, International Business, and Network Solutions. The largest segment of ATC is the US Business, where the company owns over 40,000 sites. ATC's International Business segment operates in over 20 countries and manages thousands of sites worldwide. ATC's Network Solutions segment provides technology solutions to support network expansion and optimization. This division focuses on improving network efficiency and maximizing network coverage. Products ATC offers services in various areas, including: - Tower Operation and Management: ATC operates and manages thousands of towers and antenna masts in the US and worldwide. - Rooftop Installations: ATC installs and operates antennas and other wireless infrastructure on building rooftops. - Small Cells: ATC offers small, powerful cells that enable expanded network coverage and can handle data-intensive traffic. - Network Solutions: ATC provides various technology solutions to improve network efficiency and maximize network coverage. Conclusion The American Tower Corporation is a key player in the wireless telecommunications industry. ATC operates thousands of sites worldwide and offers telecommunications providers cost-effective access to infrastructure that would be otherwise expensive and difficult to reach. With an extensive product range and an international business segment, ATC is well positioned to continue growing and expanding.

Frequently asked questions about American Tower

The business model of American Tower Corp is focused on owning, operating, and leasing wireless communication towers. As a leading real estate investment trust (REIT), the company provides infrastructure solutions to wireless carriers and other communication service providers. American Tower Corp strategically acquires, develops, and maintains a large portfolio of tower assets across various locations globally, enabling the efficient transmission of voice, data, and video services. By leasing space on their towers to telecommunications companies, American Tower Corp generates steady and long-term revenue. With a strong commitment to innovation and customer satisfaction, the company plays a vital role in facilitating the growth and expansion of wireless communications worldwide.

American Tower Corp is primarily active in the telecommunications and real estate industries.

Some of the main competitors of American Tower Corp in the market include Crown Castle International Corp, SBA Communications Corp, and InSite Wireless Group.

American Tower Corp is a leading global owner, operator, and developer of wireless communication infrastructures. Founded in 1995, the company has a rich history and background in the telecommunications industry. American Tower Corp focuses on leasing space on its communication towers to wireless service providers, enabling them to expand and improve their networks. With a portfolio of thousands of towers across countries, the company plays a crucial role in facilitating seamless wireless connectivity. American Tower Corp's commitment to innovation and investment in cutting-edge technologies has positioned it as a trusted partner for telecom operators worldwide. Its strong track record and global presence make American Tower Corp a preferred choice for wireless infrastructure solutions.

American Tower Corp has achieved several significant milestones since its establishment. The company has successfully expanded its global footprint, owning and operating a vast portfolio of telecommunications infrastructure worldwide. American Tower Corp has demonstrated consistent growth and has become a leading provider of wireless and broadcast communications infrastructure solutions. By acquiring prominent industry players and deploying innovative technologies, the company has strengthened its market position. American Tower Corp has also maintained a commitment to sustainability and corporate responsibility. Through its continuous advancements and strategic initiatives, the company remains a trusted and reliable partner in the telecommunications industry.

American Tower Corp is primarily present in various countries and regions around the world. It has a significant presence in the United States, where it operates a vast network of communication towers. Additionally, the company has a strong presence in emerging markets, including Latin America, Africa, and Asia-Pacific. This global reach enables American Tower Corp to offer its services and infrastructure solutions to a diverse range of customers and support the growing demand for wireless communication. With its extensive international footprint, American Tower Corp is well-positioned to capitalize on the exponential growth of the telecommunications industry worldwide.

American Tower Corp represents values of integrity, excellence, and collaboration. Their corporate philosophy centers around providing innovative infrastructure solutions to enable communication and connectivity. With a commitment to delivering reliable and efficient telecommunications infrastructure, American Tower Corp strives to enhance the overall connectivity experience for individuals and businesses alike. By leveraging their strong global presence and expertise, the company aims to foster mutually beneficial partnerships and support the evolving needs of the wireless industry.

Analysts currently set an average price target of 209.75 USD for the American Tower stock (median: 209.00 USD), implying +17.3 % versus the latest price. The consensus is based on 29 analyst ratings.

29 analysts currently rate the American Tower stock: 25 recommend buying, 4 holding and 0 selling. For 2026, analysts expect American Tower to generate revenue of 11.03 B USD and earnings per share of 6.96 USD.

Converted at the current exchange rate, the American Tower share trades at 159.51 EUR (178.75 USD).

The American Tower share (AMT) is listed on 12 stock exchanges, including: NYSE (AMT), London (0HEU.L), SIX (Zürich) (A0T.SW), XETRA (A0T.DU), Frankfurt (A0T.F), München (A0T.MU), Stuttgart (A0T.SG), Berlin (A0T.BE).

American Tower Corp (AMT) is one of the leading telecommunications companies, operating worldwide as the largest operator of mobile phone towers and Wi-Fi hotspots. AMT owns, operates, and leases over 180,000 communication sites, including over 40,000 sites in the United States, over 30,000 sites in Latin America, and more than 110,000 sites in Asia, Europe, the Middle East, and Africa. AMT has three main business segments: Americas, EMEA, and Asia. These segments are divided into various segments that cover AMT's key business activities. The Americas segment includes the United States, Canada, and Mexico. Here, AMT offers both site leasing and managed services. The company utilizes its sites to install radio masts and other equipment that are leased by mobile network operators, TV and radio broadcasters, government agencies, and other telecommunications service providers. Managed services include project management, site security, and operation and maintenance of site infrastructure. The EMEA segment includes countries in Europe, the Middle East, and Africa. AMT offers similar services as in the Americas segment, and the company is also active in this market in terms of building new sites and reinforcing existing sites. The Asia segment includes countries in Asia and encompasses most of the countries where AMT operates. Here, the company also offers site leasing and managed services, and its business is growing rapidly as many Asian countries have fast-growing economies. The products and services offered by AMT include not only sites but also hotspots, broadband connectivity, and other telecommunications services. AMT works closely with mobile network operators, governments, satellite operators, and other customers to develop customized solutions that meet their specific requirements. AMT also utilizes advanced technologies to optimize the operation of its sites. This includes site monitoring and maintenance tools, remote device management, process automation, and the use of data analytics to maximize the efficiency and profitability of the sites. Overall, AMT's business model is structured to play an important role in the global telecommunications industry. By owning, operating, and leasing sites, hotspots, and other infrastructure facilities, the company provides valuable services to its customers and contributes to the development of a globally connected world.

The expected revenue of American Tower is 11.03 B USD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of American Tower is 3.27 B USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of American Tower is currently 25.67. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the American Tower stock.

The price-to-sales ratio (P/S) of American Tower is currently 7.60. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the American Tower stock.

The Eulerpool Quality Score for American Tower is 5/10.

The ISIN of American Tower is US03027X1000. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of American Tower is A1JRLA. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of American Tower is AMT. The ticker symbol is used to trade American Tower shares on the stock exchange.

Fair ValueTerminal
166.24 USD
Over-/UndervaluationTerminal
Fairly valued
Industry
Equity REITs
Number of shares
Employees
Revenue per Employee
2.19 M USD
Revenue growth Ø5 years
EBIT growth Ø5 years
Net Income growth Ø5 years
Currency
USD
Initial public offering
Jan 3, 2012
ISIN
US03027X1000
Cusip
03027X100
Sedol
B7FBFL2
Market capitalization
83.79 B USDLarge Cap
52-Week Range
PEG
5.30
P/E ratio
P/Ee 2026
25.64
P/Ee 2027
25.36
P/Ee 2028
22.74
P/Ee 2029
20.43
P/Ee 2030
18.94
P/S
P/Se
7.60
EV/EBIT
24.19
P/B Ratio
22.94
P/FFO
17.96
ROE (Return on Equity)
ROA (Return on Assets)
ROCE (Return on Capital Employed)
ROIC (Return on Invested Capital)
6.19 %
Dividend
Dividend yield
3.80 %
Est. Dividend Yield
4.01 %
Payout Ratio
126.10 %
Dividend growth Ø5Y
5.47 %
Dividend payments per year
4
Dividend paid since
15 years
Dividend not reduced since
8 years
Dividend increased since
8 years
Dividend withholding tax
30.00 %
Last updated Oct 10, 2026, 5:06 AM

American Tower Ticker

BERLIN · A0T.BEDÜSSELDORF · A0T.DUFRANKFURT · A0T.FLONDON · 0HEU.LLONDON STOCK EXCHANGE · 0HEU.LMILAN · 1AMT.MIMUNICH · A0T.MUNEW YORK · AMTSIX · A0T.SWSTUTTGART · A0T.SGVIENNA · AMTG.VIXETRA · A0T.DU

American Tower FIGI

AMT:US · BBG000B9XYV2AMT:UA · BBG000B9Y090AMT:UC · BBG000B9Y170AMT:UN · BBG000B9Y214AMT:UP · BBG000B9Y2N0AMT:UB · BBG000B9Y3N8AMT:UT · BBG000B9Y4D7AMT:UM · BBG000B9Y4R2AMT:UX · BBG000B9Y553AMT:UD · BBG000B9Y991AMT:UF · BBG000B9YCC0AMT:VY · BBG000B9YCW8