AMT · American Tower Corp /Ma/
$163.69
-3.66 (-2.19%)
At close · Sep 30
Ex-dividend: $1.79 · Sep 30, 2026
Return incl. dividend (before tax)
-1.12%
Market Cap
$77.54B
Shares
465.96M
Volume · Sep 30
2.78M
Avg daily vol (3M)
2.69M
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$163.69
Open$167.57
Day$163.35–167.73
52W close$162.11–194.12
Avg vol 30d2.4M
Short int6.1M · 1.3% float · 2.8d
Short vol54%
Last earningsOct 27, 2026
DataJan 2020–Sep 2026
Filing10-Q · Jul 28
Up next
Next earnings call
Oct 27, 2026
Scheduled
· in 4 wks
filed Jul 28, 2026
call held Jul 28, 2026
Metrics snapshot
Useful current figures from the complete screener profile.
Revenue (TTM)
$10.94B
Trailing 12 months
Net income (TTM)
$3.52B
Trailing 12 months
Revenue growth YoY
+4.7%
Year over year
Operating margin
44.8%
Trailing 12 months
P / E (TTM)
23.0
Trailing earnings · reciprocal yield 4.4%
FCF yield
5.1%
TTM · current market cap
Return on invested capital
—
Trailing 12 months
Net cash
—
Latest balance sheet
Dividend yield
1.1%
Trailing 12 months
Shares change YoY
-0.5%
Year over year · fewer shares
Price change (1Y)
-14.0%
Trailing year
Short interest
1.3%
Latest settlement · 2.8 days to cover
AI Brief
Q2 FY26 earnings call · Jul 28, 2026
Q2 FY26
TL;DR. American Tower raised full-year 2026 guidance across key metrics (property revenue up $110M, Adjusted EBITDA up $45M, AFFO/share up $0.09) for the second time this year, driven by CoreSite's record leasing quarter, data center outperformance, FX tailwinds and the Philippines/Bangladesh divestitures; the company also affirmed 2026 as a trough year expecting a 2027 AFFO/share inflection.
Bullish
- + Data center revenue outlook raised to approximately 15% growth, accelerating from prior 13% outlook.
- + CoreSite delivered record quarterly leasing, contributing to its fifth consecutive quarter of double-digit revenue growth.
- + Company affirmed 2026 as a trough year, expecting meaningful AFFO/share growth inflection in 2027 toward mid-to-high single-digit range.
- + Completed divestitures of Philippines and Bangladesh operations, exiting APAC to focus capital on developed markets.
Bearish
- − Higher refinancing headwind of approximately 150 bps to AFFO/share growth in 2026, raised from prior 100 bps outlook.
- − U.S. and Canada organic tenant billings growth was only 0.7% in Q2, well below prior-year 3.7% pace.
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceOverall
Sell
SellHoldBuy
Technical
Strong Sell
Momentum
Very Weak
Sentiment
Bearish
Fundamentals
Strong
Quant / Vol
Moderate
Market backdrop
VIX 16.3 · calm
Equity put/call 0.53
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
−8%
below
Price vs 50-day avg
−5%
below
RSI (14)
33
neutral
MACD trend
Negative
52-week position
5%
near low
Volume (OBV)
Confirms
volume backs price
Momentum
relative strength
1-month return
−7%
trailing
6-month return
−9%
trailing
YTD return
−7%
this year
Relative strength
−21%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $173 › 200d $177 — 200d above 50d
Institutional flow
Distributing
-0% holders QoQ · +173 funds added
Insider flow
Distributing
Net -$393.7K over 90 days · 50% sells
Short interest
Rising
1.31% of float · ▲ +2.6% MoM · 2.8 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Steady
1,760 holders — mid 3-yr range
Squeeze score
48
elevated · 0–100
Fundamentals
Revenue growth
+5%
Y/Y
EPS growth
+12%
Y/Y
Free cash flow
$3.8B
Valuation
P/E 22.9
below peers
Buyback
$1.6B
remaining
Balance sheet
$20.0B
net debt
Quant / Vol
risk profile
Volatility
26%
annualized · 1-yr
Max drawdown
−16%
past year
ATR
2.4%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Latest guidance
· from the Earnings Call filed Jun 30, 2026
2026
Discretionary capital allocated within developed markets platfor
85%
Capital to develop more capacity in our data center portfolio
$700M
Capital to construct new towers globally
$370M
Capital to purchase land beneath our towers
$210M
Organic tenant billings growth
Non-GAAP
0%
in 26
Services revenue
$245M
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Strong Sell
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
−8%
Bearish
Price vs 50-day avg
−5%
Bearish
RSI (14)
33
Neutral
MACD trend
Negative
Bearish
52-week position
5%
Bearish
Volume (OBV)
Confirms
Neutral
Market signals — smart money & positioning
Bearish · 3 of 6
Trend (MA cross)
No cross
50d $173 › 200d $177 — 200d above 50d
Institutional flow
Distributing
-0% holders QoQ · +173 funds added
Insider flow
Distributing
Net -$393.7K over 90 days · 50% sells
Short interest
Rising
1.31% of float · ▲ +2.6% MoM · 2.8 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Steady
1,760 holders — mid 3-yr range
Price context
position in its 52-week range
Range low $162
Now $164 · 5%
Range high $194
vs 200-day avg -8%
vs 50-day avg -5%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted EBITDA non-GAAP | $1.81B | Three Months Ended June 30, 2026 filing | — |
GAAP → non-GAAP reconciliationGAAP Net income 887.5M
+121.8M Income tax provision
-53.8M Other (income) expense
+3.2M Loss on retirement of long-term obligations
+354.5M Interest expense
-44.4M Interest income
-9.2M Other operating (income) expense
+514.4M Depreciation, amortization and accretion
+34.2M Stock-based compensation expense
= Adjusted EBITDA 1.81B
|
|||
| AFFO attributable to American Tower Corporation common stockholders non-GAAP | $1.26B | Three Months Ended June 30, 2026 filing | — |
GAAP → non-GAAP reconciliationGAAP Nareit FFO attributable to American Tower Corporation common stockholders 1.25B
+18.9M Straight-line revenue
+8.5M Straight-line expense
+34.2M Stock-based compensation expense
+2.9M Deferred portion of income tax and other income tax adjustments
+34M Non-real estate related depreciation, amortization and accretion
+13M Amortization of deferred financing costs, capitalized interest, debt discounts and premiums and long-term deferred interest char
-53.8M Other (income) expense
+3.2M Loss on retirement of long-term obligations
-1M Other operating income
-44.6M Capital improvement capital expenditures
-2.6M Corporate capital expenditures
+2.1M Adjustments and distributions for unconsolidated affiliates and noncontrolling interests
= AFFO attributable to American Tower Corporation common stockholders 1.26B
|
|||
| Nareit FFO attributable to American Tower Corporation common stockholders non-GAAP | $1.25B | Three Months Ended June 30, 2026 filing | — |
GAAP → non-GAAP reconciliationGAAP Net income 887.5M
+480.4M Real estate related depreciation, amortization and accretion
-8.2M (Gains) losses from sale or disposal of real estate and real estate related impairment charges
-110.4M Adjustments and distributions for unconsolidated affiliates and noncontrolling interests
= Nareit FFO attributable to American Tower Corporation common stockholders 1.25B
|
|||
| Segment operating profit (Total) non-GAAP | $1.87B | Three Months Ended June 30, 2026 filing | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
REIT - Specialty — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
AMT
this stock
American Tower Corp /Ma/
|
$77.54B | -6.8% | +5.1% | 22.9 | 1.3% |
|
EQIX
Equinix Inc
|
$99.47B | +32.0% | +7.8% | 64.9 | 1.7% |
|
DLR
Digital Realty Trust, Inc.
|
$63.76B | +13.5% | +10.0% | 47.7 | 2.4% |
|
IRM
Iron Mountain Inc
|
$33.16B | +33.8% | +8.3% | 79.0 | 2.7% |
|
CCI
Crown Castle Inc.
|
$28.54B | -25.0% | -4.4% | 34.1 | 2.3% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Smart Money
Financials
Filings
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| AMT | -4.2% | -7.0% | -9.0% | -6.8% | -6.8% |
| SPY | -0.7% | +0.1% | +12.2% | -0.6% | +11.8% |
| vs SPY | -3.5% | -7.1% | -21.2% | -6.3% | -18.6% |
Capital returns
Latest dividend
$1.79
/ share · ex Sep 30, 2026
Paid (TTM)
$1.79
/ share · 1 payout
Dividend yield (TTM, derived)
— · history filling in
Buyback program
· as of Feb 24, 2026
Authorized
$2.00B
Spent (derived)
$400.00M
Remaining
$1.60B
Spent
Remaining
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.
Key facts
CIK
1053507
CUSIP
03027X100
13F (30d)
37 filings
23 filers
Visit website
Investor relations