US · AMT
American Tower Corporation
- Sector
- Real Estate · REIT - Specialty
- Headquarters
- Boston, MA 02116
- Website
- americantower.com
Price · as of 2025-12-31
$181.61
Market cap 89.82B
Valuation summary
Four models, one snapshot. Upside is target ÷ current − 1.
| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial Intelligence(AI) | $141.73 | -21.96% |
| Intrinsic Value(DCF) | $90.59 | -50.12% |
| Graham-Dodd Method(GD) | $8.62 | -95.25% |
| Graham Formula(GF) | $70.66 | -61.09% |
Valuation history
Annual price (USD per share) overlaid with each model's fair value. Y-axis is log scale.
| Year | Price | AI | DCF | Graham-Dodd | Graham Formula |
|---|---|---|---|---|---|
| 2011 | $45.76 | $38.17 | $22.90 | $0.95 | $29.90 |
| 2012 | $57.47 | $41.83 | $16.86 | $0.00 | $40.30 |
| 2013 | $61.46 | $46.47 | $5.64 | $0.00 | $33.77 |
| 2014 | $72.34 | $51.83 | $32.00 | $0.00 | $60.78 |
| 2015 | $77.06 | $55.84 | $15.93 | $0.00 | $38.95 |
| 2016 | $90.71 | $66.78 | $23.47 | $0.00 | $63.91 |
| 2017 | $116.97 | $82.87 | $54.58 | $0.00 | $65.59 |
| 2018 | $151.21 | $99.33 | $61.75 | $0.00 | $54.07 |
| 2019 | $208.74 | $144.93 | $22.57 | $0.00 | $42.05 |
| 2020 | $185.82 | $158.22 | $2.64 | $0.00 | $52.85 |
| 2021 | $206.79 | $198.14 | $0.00 | $0.00 | $135.45 |
| 2022 | $172.84 | $176.13 | $0.00 | $0.00 | $42.09 |
| 2023 | $193.72 | $192.76 | $0.08 | $0.00 | $37.44 |
| 2024 | $205.09 | $202.63 | $12.35 | $0.00 | $44.80 |
| 2025 | $190.20 | $141.73 | $21.39 | $8.62 | $70.66 |
AI valuation
Our deep-learning model estimates American Tower Corporation's (AMT) per-share fair value from quarterly fundamentals, sector trend, and historical valuation patterns.
- AI fair value
- $141.73
- Current price
- $181.61
- AI upside
- -21.96%
Methodology and confidence bands appear in the dedicated valuation theory section. The AI score is an estimate, not a recommendation.
Intrinsic value (DCF)
Open DCF calculatorThree textbook valuation models, recomputed daily from the latest financial statements. The DCF uses our Chepakovich model. Graham-Dodd and Graham Formula are conservative reference points.
DCF
$90.59
-50.12% upside
Graham-Dodd
$8.62
-95.25% upside
Graham Formula
$70.66
-61.09% upside
Peer comparison
Same-industry comparables, ranked by market cap.
| Basic Info | Model Valuation | Core Valuation | Profitability | Leverage & Liquidity | Growth | Cash Flow | Dividends | Enterprise Value | Risk | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ticker | Company Name | Price | Market Cap | AI Upside | DCF Upside | GD Upside | GF Upside | P/E | P/B | P/S | EV/EBITDA | PEG | P/TBV | Gross Margin | Operating Margin | Net Margin | ROE | ROIC | ROA | Debt/Equity | Interest Coverage | Current Ratio | Quick Ratio | Net Debt/EBITDA | EPS Growth | Sales Growth | FCF Growth | FCF Yield | Op Cash Flow Ratio | Cash ROIC | Dividend Yield | Dividend Payout | Shareholder Yield | EV/EBIT | EV/FCF | EV/Sales | Altman Z-Score |
| AMT | American Tower Corporatio… | $181.61 | 89.82B | -22% | -50% | -95% | -61% | 33.95 | 24.43 | 8.38 | 21.68 | 287.06 | -3.86 | 73.68% | 45.85% | 23.76% | 74.73% | 9.11% | 4.23% | 12.31 | 4.79 | 0.36 | 0.31 | 7.10 | 1183.00% | 511.00% | 225.00% | 4.24% | 0.79 | 8.18% | 0.00% | 0.00% | 0.41% | 27.19 | 35.08 | 12.47 | 1.24 |
| CCI | Crown Castle Inc. | $89.54 | 38.99B | +12% | -60% | — | — | 87.72 | -23.82 | 9.13 | 24.66 | — | -5.11 | 66.07% | 48.75% | 10.41% | -50.23% | 7.19% | 1.38% | -18.08 | 2.17 | 0.26 | 0.14 | 10.59 | -11136.00% | -3506.00% | 6705.00% | 7.38% | 0.68 | 10.08% | 5.34% | 468.50% | 5.91% | 32.82 | 23.74 | 16.00 | 0.04 |
| DLR | Digital Realty Trust, Inc… | $177.20 | 60.89B | -25% | -60% | — | -62% | 46.90 | 2.68 | 10.04 | 22.89 | 38.33 | 5.54 | 55.39% | 10.77% | 21.41% | 5.91% | 1.62% | 2.76% | 1.05 | 1.50 | 4.50 | 4.19 | 5.78 | 12236.00% | 1004.00% | -52299.00% | 3.93% | 2.10 | 6.10% | 2.82% | 132.10% | 2.82% | 124.69 | 34.04 | 13.43 | 1.57 |
| EQIX | Equinix, Inc. | $974.26 | 95.73B | -16% | -59% | — | -81% | 70.15 | 6.68 | 10.21 | 28.01 | 113.36 | 13.79 | 51.32% | 19.96% | 14.58% | 9.74% | 5.28% | 3.58% | 1.61 | 3.25 | 1.32 | 1.09 | 5.16 | 6188.00% | 585.00% | -31858.00% | -0.42% | 1.00 | -1.28% | 1.96% | 137.70% | 1.96% | 61.72 | -285.16 | 12.32 | 2.39 |
| O | Realty Income Corporation | $67.00 | 61.51B | -28% | -60% | -34% | -71% | 57.14 | 1.55 | 10.63 | 26.34 | 294.72 | 1.78 | 89.80% | 28.30% | 18.41% | 2.73% | 2.33% | 1.51% | 0.83 | — | 0.51 | 0.51 | 9.13 | 1939.00% | 907.00% | 1180.00% | 6.54% | 1.37 | 5.83% | 0.00% | 0.00% | 0.00% | 57.49 | 23.42 | 16.27 | 1.05 |
| PLD | Prologis, Inc. | $142.57 | 132.53B | -45% | -58% | -90% | -62% | 39.27 | 2.52 | 15.24 | 23.31 | — | 2.52 | 59.60% | 40.23% | 38.80% | 6.37% | 3.91% | 3.52% | 0.66 | 3.53 | 0.23 | 0.19 | 4.71 | -1172.00% | 718.00% | 196.00% | 3.74% | 0.84 | 5.85% | 2.81% | 110.40% | 2.81% | 47.46 | 33.51 | 19.09 | 2.09 |
| PSA | Public Storage | $307.06 | 53.89B | -25% | -48% | — | -64% | 30.36 | 5.90 | 11.31 | 19.87 | — | 6.06 | 24.96% | 46.73% | 36.99% | 18.96% | 11.93% | 8.99% | 1.11 | 7.40 | 0.75 | 0.75 | 3.06 | -1532.00% | 274.00% | 697.00% | 5.31% | 5.20 | 15.33% | 4.22% | 128.20% | 4.22% | 28.61 | 22.26 | 13.37 | 3.53 |
| SBAC | SBA Communications Corpor… | $201.16 | 21.44B | -31% | -56% | — | -37% | 20.80 | -4.39 | 7.58 | 12.69 | 50.46 | -2.76 | 47.94% | 54.91% | 37.43% | -20.59% | 27.81% | 8.92% | -0.90 | 3.30 | 0.29 | 0.16 | 2.04 | 4121.00% | 506.00% | -363.00% | 5.00% | 0.48 | 22.60% | 2.25% | 46.70% | 58.39% | 16.44 | 23.83 | 9.03 | 0.39 |
| SPG | Simon Property Group, Inc… | $203.85 | 66.55B | -24% | -58% | -57% | +2% | 14.31 | 12.72 | 10.41 | 12.04 | 15.10 | 12.72 | 85.72% | 49.89% | 72.51% | 113.56% | 10.53% | 12.68% | 5.60 | 3.26 | 0.16 | 0.16 | 3.61 | 9477.00% | 672.00% | 540.00% | 4.87% | 0.38 | 10.77% | 0.00% | 0.00% | 0.34% | 29.79 | 29.34 | 14.86 | 1.15 |
About American Tower Corporation
American Tower Corporation, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of approximately 219,000 communications sites. For more information about American Tower, please visit the Earnings Materials and Investor Presentations sections of our investor relations website at www.americantower.com.
- CEO
- Steven O. Vondran
- Employees
- 4.69K
- Beta
- 0.94
Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as ($90.59 ÷ $181.61) − 1 = -50.12% (DCF, example).