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American Tower AMT Price / sales

Price / sales at other companies

SBA Communications logo
SBA CommunicationsSBAC
6.5×-2.8×
Crown Castle logo
Crown CastleCCI
7.9×-2.4×
Equinix, Inc. logo
Equinix, Inc.EQIX
10.5×+0.6×
Digital Realty logo
Digital RealtyDLR
9.1×-1.3×
DigitalBridge Group logo
DigitalBridge GroupDBRG
23.3×+20.6×
Realty Income logo
Realty IncomeO
9.5×0.0×

Other financials

Income statement

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Revenue$2.7B+4.7%
Operating income$1.3B+5.9%
Net income$887.5M+133%
EPS (diluted)$1.86+138%

Balance sheet

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Cash & equivalents$1.8B-15.1%
Total debt$45.0B+348%
Total equity$3.7B+0.2%
Total assets$63.3B-0.7%

Cash flow

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Operating cash flow$1.5B+16.0%
CapEx$320.9M+5.4%
Free cash flow$1.2B+19.3%

Valuation

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Market cap$78.31B-19.9%
Enterprise value$121.55B+14.9%
P/E22.3×-51.4×

Profitability

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Gross margin99.5%
Operating margin44.8%-0.7pp
Net margin32.1%+19.2pp
FCF margin36.2%-0.3pp

Returns & leverage

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Return on equity94.6%+59.5pp
Debt / equity12.1×+9.4×
Current ratio0.4×-0.3×

Where this comes from

Calculated from American Tower’s reported figures.

Based on the most recent quarter.

The source filing: American Tower’s 10-Q, filed July 28, 2026. Open the filing →

Filed
Jul 28, 2026, 4:07 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001053507-26-000133

FAQ

What is American Tower's price / sales?
American Tower (AMT) reported price / sales of 7× in Q2 2026.
How has American Tower's price / sales changed year-over-year?
American Tower's price / sales decreased by 31.8% year-over-year, from 10.2× to 7×.
What is the long-term trend for American Tower's price / sales?
Over 5 years (2020 to 2025), American Tower's price / sales has grown at a -9.5% compound annual growth rate (CAGR), from 12.7× to 7.7×.
What does price / sales mean?
Market capitalization at the quarter end divided by trailing-twelve-month revenue. The price the market pays for each dollar of sales.

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