AMT
American TowerPrevious close
187.78
Change
+1.90 / +1.02%
P/E (TTM) ?
26.5
Market Cap
$88.1B
1M
+14.72%
S&P 500 −0.91% over same period
Volume / Avg Volume
3.1M / 4.0M
0.79× average
Latest earnings analysisFY2026 Q2Reported 2026-07-28
American Tower Q2 2026: AFFO per share up 4.2%, outlook raised again
American Tower's second quarter looks better, or worse, depending on the line you read. Headline net income jumped 133.2%, but that is mostly currency noise; the cleaner measure, AFFO per share, rose 4.2% to $2.71. View: Neutral. Read the release for cash flow and guidance, not GAAP earnings. Note the raw data feed mis-scales revenue; the press release's $2.75 billion is the right number.
Read the full analysis →Revenue$0.21BYoY −92.00%
EPS$1.86Beatest. $1.58
Next-quarter revenue guidance$10.77B ±0.7%YoY +5001.80%
Next-day move+4.52%
Recent Earnings
Click to read the FinDog analysis| Period | Reported | Revenue | Analysis |
|---|---|---|---|
| FY2026 Q2 Quarter ended 2026-06 | 2026-07-28 | $211M | Read analysis → |
| FY2026 Q1 Quarter ended 2026-03 | 2026-04-28 | $216M | Pending |
| FY2025 Q4 Quarter ended 2025-12 | 2026-02-24 | $936M | Pending |
| FY2025 Q3 Quarter ended 2025-09 | 2025-10-28 | $246M | Pending |
| FY2025 Q2 Quarter ended 2025-06 | 2025-07-29 | $244M | Pending |
| FY2025 Q1 Quarter ended 2025-03 | 2025-04-29 | $226M | Pending |
Decision Panel
Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market dataValuation
P/E is at percentile 7 of its 5-year rangeCheap
5-year range 24.6 – 132.2 · Median 46.9
Last 4 quarters: $868M in buybacks + $3.3B in dividends, 4.68% of market cap combined
P/E (TTM)
26.5
P/B
25.0
P/S
8.0
Dividend Yield
3.25%
Earnings Reaction
Over the last 6 reports, the stock moved ±2.5% on average on the first trading day after, rising 2 times
Most recent +4.52%
Volatility & Correlation
1-year beta -0.07 · Correlation with S&P 500 -0.03Low beta
Annualized volatility 28% vs. 13% for the S&P 500
Insider Trading
View all →Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions
Buy 16 · $0.56MSell 2 · $0.29MNet buying $0.27M
- 10-29Dowling Ruth TEVP, Chief Admin Ofr, GC & SecSell$0.18M952 shares · Avg price 185.81
- 10-28Dowling Ruth TEVP, Chief Admin Ofr, GC & SecSell$0.11M626 shares · Avg price 182.00
- 10-20Clarke Teresa HillaryDirectorBuy$0.01M42.926 shares · Avg price 183.20
- 08-21Kalathur RajeshDirectorBuy$0.50M2,829 shares · Avg price 177.00
- 07-13Clarke Teresa HillaryDirectorBuy$0.01M46.448 shares · Avg price 167.52
- 04-28Clarke Teresa HillaryDirectorBuy$0.01M43.5 shares · Avg price 177.08
- 02-02Clarke Teresa HillaryDirectorBuy$0.01M30.713 shares · Avg price 178.04
- 10-20Clarke Teresa HillaryDirectorBuy$0.01M28.657 shares · Avg price 189.12
Multi-Quarter Financial Trends
View all quarters →Last 12 quarters · As reported by the company
| Quarter | Revenue ($B) | YoY | Gross Margin | Net Income ($B) | EPS |
|---|---|---|---|---|---|
| FY2026 Q3 | 0.20 | −17.8% | — | — | 1.64 |
| FY2026 Q2 | 0.21 | −13.4% | — | — | 1.86 |
| FY2026 Q1 | 0.22 | −4.4% | — | — | 1.84 |
| FY2025 Q4 | 0.22 | −91.4% | — | — | 1.76 |
| FY2025 Q3 | 0.25 | +29.4% | — | — | 1.82 |
| FY2025 Q2 | 0.24 | +24.1% | — | — | 0.78 |
| FY2025 Q1 | 0.23 | +30.6% | — | — | 1.04 |
| FY2024 Q4 | 2.55 | +3.7% | — | — | 2.62 |
| FY2024 Q3 | 0.19 | −92.4% | — | — | -1.69 |
| FY2024 Q2 | 0.20 | −92.2% | — | — | 1.92 |
| FY2024 Q1 | 0.17 | −93.1% | — | — | 1.96 |
| FY2023 Q4 | 2.46 | +1167.3% | — | — | 0.18 |