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American Tower Corporation AMT NYSE

NYSE • Real Estate • REIT - Specialty • US • USD

SharesGrow Score
67/100
5/7 Pass
SharesGrow Intrinsic Value
$164.29
-6.9%
Analyst Price Target
$214.00
+21.3%
SharesGrow 7-Criteria Score All 7 criteria scored · valuation-related highlighted on this page

American Tower Corporation (AMT) trades at a trailing P/E of 32.8, forward P/E of 27.2. Trailing earnings yield is 3.05%, forward earnings yield 3.67%. PEG 2.78. Graham Number is $51.75.

Criteria proven by this page:

  • VALUE (38/100, Fail) — PEG > 2.0 means the stock is expensive even after accounting for growth (PEG 2.78).
  • Forward P/E 27.2 (down from trailing 32.8) — analysts expect earnings to grow, which would improve the valuation.
  • PEG Ratio 2.78 — above 2.0 suggests expensive relative to earnings growth.
  • Trailing Earnings Yield 3.05% — roughly competitive with bond yields (~4.3%), moderate risk-reward. Forward yield improves to 3.67% as earnings recover.
  • Analyst consensus target $214.00 (+21.3% upside) — significant upside potential according to Wall Street analysts.

Overall SharesGrow Score: 67/100 with 5/7 criteria passed.

SharesGrow 7-Criteria Score
67/100
SG Score
View full scorecard →
VALUE
38/100
Price-to-Earnings & upside
Proven by this page
FUTURE
79/100
Analyst consensus
→ Forecast
PAST
100/100
→ Income
HEALTH
17/100
Debt-to-Equity & liquidity
→ Health
MOAT
84/100
→ Income
GROWTH
63/100
→ Income
INCOME
85/100
→ Income

Valuation Snapshot — AMT

Valuation Multiples
P/E (TTM)32.8
Forward P/E27.2
PEG Ratio2.78
Forward PEG1.35
P/B Ratio22.71
P/S Ratio7.77
EV/EBITDA19.5
Per Share Data
EPS (TTM)$5.39
Forward EPS (Est.)$6.48
Book Value / Share$22.07
Revenue / Share$22.69
FCF / Share$8.06
Yields & Fair Value
Earnings Yield3.05%
Forward Earnings Yield3.67%
Dividend Yield3.85%
Graham Number$51.75
SharesGrow IV$164.29 (-6.9%)
Analyst Target$214.00 (+21.3%)

Historical Valuation

Year P/E (TTM) PEG Ratio P/B Ratio P/S Ratio Dividend Yield
2016 47.0 1.15 6.64 7.77 2.21%
2017 49.3 1.43 9.79 9.17 1.91%
2018 56.2 12.61 13.03 9.35 1.93%
2019 53.8 1.04 20.11 13.41 1.58%
2020 58.9 -5.47 24.33 12.38 1.94%
2021 51.4 1.04 25.99 14.11 1.72%
2022 55.4 -1.69 17.55 10.14 2.69%
2023 67.8 -4.00 23.97 10.05 2.93%
2024 38.0 0.73 25.33 8.46 3.59%
2025 32.6 2.76 22.55 7.74 3.83%

EPS: Actual vs Estimates

P/E Ratio & Earnings Yield

Earnings Per Share (EPS) History

Year EPS (Diluted) Revenue Net Income Net Margin
2016 $1.98 $5.79B $956.43M 16.5%
2017 $2.67 $6.66B $1.24B 18.6%
2018 $2.79 $7.44B $1.24B 16.6%
2019 $4.24 $7.58B $1.89B 24.9%
2020 $3.79 $8.04B $1.69B 21%
2021 $5.66 $9.36B $2.57B 27.4%
2022 $3.82 $10.71B $1.77B 16.5%
2023 $3.18 $11.14B $1.48B 13.3%
2024 $4.82 $10.13B $2.26B 22.3%
2025 $5.39 $10.65B $2.53B 23.8%

Analyst Estimates

Year EPS (Avg) EPS Range Revenue (Avg) Revenue Range Analysts
2026 $6.46 $6.41 – $6.56 $10.79B $10.63B – $11.18B 10
2027 $6.83 $4.38 – $7.68 $11.16B $10.94B – $11.81B 9
2028 $7.57 $6.00 – $8.36 $11.83B $11.82B – $11.85B 11
2029 $8.33 $8.18 – $8.71 $12.53B $12.36B – $12.98B 4
2030 $8.84 $8.68 – $9.25 $13.25B $13.06B – $13.72B 4
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