American Tower Corp
Statements
Ratios
Valuation ratios (P/E, P/S, EV/EBITDA and the other multiples) are based on the closing price at the end of each period, not on the current price. Margins and returns are shown in percent, multiples without a unit, per-share figures in the reporting currency, net debt in millions.
Tick rows to compare them in a chart (up to 4)
| Line item | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | |||||||||||||||||||||||||||||
| – | – | – | – | – | – | – | – | – | 592.0 | 322.3 | 35.3 | 71.3 | 55.9 | 61.1 | 48.4 | 57.8 | 48.0 | 59.9 | 47.4 | 49.7 | 56.7 | 54.2 | 59.2 | 51.6 | 55.5 | 68.0 | 38.1 | 32.6 | |
| – | 22.8 | 17.8 | 8.7 | 1.6 | 0.9 | 3.1 | 5.8 | 8.7 | 12.4 | 12.5 | 7.7 | 10.2 | 10.5 | 9.8 | 10.7 | 9.5 | 9.7 | 8.6 | 7.8 | 9.2 | 9.4 | 13.5 | 12.5 | 14.2 | 10.2 | 10.1 | 8.5 | 7.7 | |
| – | 2.2 | 2.1 | 2.2 | 0.6 | 0.4 | 1.3 | 2.8 | 1.8 | 3.7 | 6.0 | 4.1 | 5.3 | 6.0 | 7.3 | 8.6 | 9.0 | 10.0 | 6.2 | 6.7 | 9.9 | 13.1 | 20.3 | 24.5 | 26.1 | 17.6 | 24.0 | 25.4 | 22.6 | |
| – | 21.0 | 17.7 | 11.9 | 4.7 | 5.1 | 7.7 | 10.2 | 12.4 | 14.8 | 15.4 | 10.3 | 12.5 | 12.9 | 12.7 | 13.6 | 13.7 | 13.1 | 12.1 | 10.9 | 12.2 | 12.1 | 16.5 | 15.9 | 18.7 | 14.0 | 13.8 | 11.9 | 11.2 | |
| – | 84.3 | 47.7 | 45.8 | 20.9 | 20.9 | 13.6 | 15.3 | 15.9 | 23.7 | 24.6 | 16.0 | 19.8 | 20.2 | 22.5 | 22.4 | 25.6 | 22.0 | 21.3 | 18.7 | 21.8 | 22.0 | 27.8 | 28.5 | 28.9 | 20.6 | 23.1 | 16.9 | 19.4 | |
| – | – | – | – | – | – | 23.7 | 23.7 | 26.6 | 33.0 | 33.7 | 23.1 | 29.7 | 30.9 | 37.3 | 36.5 | 36.4 | 34.1 | 28.2 | 22.5 | 29.0 | 24.7 | 37.1 | 35.1 | 38.5 | 53.8 | 34.5 | 23.2 | 21.8 | |
| – | -4.6% | -4.3% | -9.0% | -29.8% | -11.0% | 4.2% | 4.2% | 3.8% | 3.0% | 3.0% | 4.3% | 3.4% | 3.2% | 2.7% | 2.7% | 2.7% | 2.9% | 3.5% | 4.5% | 3.4% | 4.0% | 2.7% | 2.8% | 2.6% | 1.9% | 2.9% | 4.3% | 4.6% | |
| Margins | |||||||||||||||||||||||||||||
| 50.2% | 40.4% | 39.6% | 28.7% | 25.2% | 43.4% | 56.4% | 63.8% | 66.3% | 73.9% | 75.3% | 75.5% | 75.8% | 76.1% | 74.6% | 74.9% | 74.5% | 73.4% | 72.6% | 69.1% | 69.2% | 70.7% | 70.8% | 72.3% | 71.3% | 73.4% | 74.4% | 74.6% | 73.7% | |
| 5.3% | -27.2% | -15.9% | -13.8% | -16.7% | -12.1% | 4.4% | 9.9% | 18.8% | 21.7% | 26.0% | 38.1% | 39.0% | 39.5% | 37.7% | 38.9% | 36.1% | 36.3% | 33.8% | 32.0% | 30.0% | 25.6% | 35.5% | 35.9% | 33.5% | 28.4% | 31.2% | 44.6% | 45.8% | |
| -13.0% | -45.2% | -19.7% | -26.5% | -39.7% | -144.8% | -42.4% | -35.0% | -18.2% | 2.1% | 3.9% | 21.8% | 14.3% | 18.8% | 16.1% | 22.2% | 16.4% | 20.1% | 14.4% | 16.5% | 18.6% | 16.6% | 24.9% | 21.0% | 27.4% | 18.3% | 14.8% | 22.3% | 23.8% | |
| -61.1% | -104.3% | -76.4% | -78.1% | -47.8% | -9.6% | 13.3% | 24.7% | 32.7% | 37.5% | 37.0% | 33.2% | 34.3% | 34.0% | 26.3% | 29.4% | 26.0% | 28.3% | 30.5% | 34.9% | 31.8% | 38.1% | 36.4% | 35.4% | 36.8% | 18.9% | 29.2% | 36.5% | 35.5% | |
| Returns | |||||||||||||||||||||||||||||
| -1.5% | -4.3% | -2.4% | -6.8% | -15.7% | -65.6% | -17.7% | -16.8% | -3.8% | 0.6% | 1.9% | 11.6% | 7.4% | 10.7% | 12.0% | 17.8% | 15.6% | 20.9% | 10.3% | 14.1% | 19.8% | 23.2% | 37.3% | 41.3% | 50.5% | 31.7% | 35.3% | 66.7% | 69.3% | |
| -0.9% | -3.1% | -1.7% | -3.4% | -6.6% | -20.2% | -5.7% | -4.9% | -2.0% | 0.3% | 0.7% | 4.2% | 2.9% | 3.6% | 3.2% | 4.5% | 2.7% | 3.9% | 2.5% | 3.1% | 3.7% | 3.7% | 4.4% | 3.6% | 3.7% | 2.6% | 2.2% | 3.7% | 4.0% | |
| Balance Sheet & Debt | |||||||||||||||||||||||||||||
| -4.5 | -185 | -20 | 2,386 | 3,526 | 3,337 | 3,256 | 3,078 | 3,501 | 3,262 | 4,252 | 4,192 | 3,964 | 4,703 | 7,008 | 8,385 | 14,185 | 14,295 | 16,798 | 17,746 | 19,403 | 19,951 | 23,049 | 28,081 | 41,992 | 37,431 | 37,738 | 35,079 | 36,330 | |
| -0.6 | -7.1 | -0.2 | 12.4 | 13.8 | 17.4 | 8.1 | 6.5 | 4.7 | 4.0 | 4.7 | 4.1 | 3.7 | 3.7 | 5.1 | 4.8 | 7.9 | 5.8 | 6.2 | 5.3 | 5.2 | 4.9 | 5.1 | 6.2 | 7.0 | 5.7 | 6.3 | 4.9 | 5.9 | |
| 60.0% | 72.7% | 71.1% | 50.8% | 42.0% | 30.7% | 32.1% | 28.9% | 51.6% | 50.9% | 37.2% | 36.4% | 38.9% | 33.8% | 26.8% | 25.4% | 17.4% | 18.5% | 24.7% | 21.9% | 18.8% | 16.2% | 11.8% | 8.7% | 7.3% | 8.3% | 6.4% | 5.5% | 5.8% | |
| 0.0 | 0.0 | 0.0 | 0.9 | 1.2 | 2.0 | 2.0 | 2.2 | 0.8 | 0.8 | 1.4 | 1.4 | 1.3 | 1.6 | 2.2 | 2.4 | 4.1 | 3.7 | 2.6 | 2.7 | 3.2 | 4.0 | 4.9 | 7.3 | 8.6 | 7.1 | 9.4 | 11.0 | 10.4 | |
| Per Share | |||||||||||||||||||||||||||||
| -0.01 | -0.59 | -0.34 | -1.15 | -2.35 | -5.84 | -1.46 | -1.10 | -0.57 | 0.06 | 0.13 | 0.83 | 0.61 | 0.92 | 0.98 | 1.60 | 1.38 | 2.06 | 1.62 | 2.23 | 2.87 | 2.79 | 4.24 | 3.79 | 5.66 | 3.82 | 3.18 | 4.82 | 5.39 | |
| 0.06 | 1.30 | 1.72 | 4.36 | 5.92 | 4.03 | 3.44 | 3.15 | 3.12 | 3.02 | 3.42 | 3.81 | 4.24 | 4.91 | 6.11 | 7.20 | 8.42 | 10.25 | 11.28 | 13.48 | 15.44 | 16.80 | 17.01 | 18.03 | 20.64 | 20.84 | 21.43 | 21.63 | 22.69 | |
| 0.56 | 13.68 | 14.32 | 17.05 | 14.98 | 8.90 | 8.22 | 6.56 | 14.96 | 10.05 | 7.09 | 7.15 | 8.15 | 8.67 | 8.20 | 8.95 | 8.85 | 9.88 | 15.72 | 15.76 | 14.46 | 12.05 | 11.35 | 9.18 | 11.21 | 12.04 | 8.99 | 7.23 | 7.79 | |
| -0.04 | -1.35 | -1.32 | -3.40 | -2.83 | -0.39 | 0.46 | 0.78 | 1.02 | 1.13 | 1.26 | 1.27 | 1.45 | 1.67 | 1.61 | 2.12 | 2.19 | 2.90 | 3.44 | 4.71 | 4.92 | 6.40 | 6.20 | 6.39 | 7.60 | 3.94 | 6.26 | 7.91 | 8.06 | |
Data as of: October 2, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.