American Tower (AMT) fundamentals: P/E, valuation, undervalued?

American Tower · Real Estate · ref. ETF XLRE · price $174.16
Logo American TowerSee the full American Tower (AMT) profile
In short — American Tower trades at 24.2× earnings (P/E), 24.8× forward, with a net margin of 31.1 % and revenue growth of +5 %. Read: Cheap for the growth (P/E 25 for ~138% growth (PEG 0.2)).

Is American Tower stock cheap or undervalued? A good time to buy? Here are its fundamentals — P/E, PEG, margin and income statement — to judge its valuation.

📈 1-year price
$174.16-14.0% over range
Aug 28, 25low $162.11 · high $203.85Aug 27, 26
📏 Click 2 points (left → right) to measure the change · click again to clear.
SellBuy
Buy
91% recommend buying · 11 analysts
Valuation : Cheap for the growth — P/E 25 for ~138% growth (PEG 0.2)

Valuation

24.2
P/E (price/earnings)
24.8
Forward P/E
0.17
PEG
21.8
Price/book (P/B)
$81.2B
Market cap
7.21
EPS

Profitability & growth

31.1 %
Net margin
+5 %
Revenue growth
+139 %
Earnings growth
$45.0B
Total debt

American Tower income statement

Fiscal yearRevenueNet incomeMargin
2022$10.7B$1.8B16.5 %
2023$11.1B$1.5B13.3 %
2024$10.1B$2.3B22.3 %
2025$10.6B$2.5B23.8 %
⚠️ Indicative financial data (Yahoo Finance), not investment advice. Amounts in $.

Frequently asked questions

What is American Tower's P/E and is the stock undervalued? What's a good P/E?

American Tower's P/E is 24.2 (forward 24.8). Below ~15 = fairly cheap, above ~30 = expensive. Our valuation verdict: "Cheap for the growth".

Is American Tower profitable?

American Tower has a net margin of 31.1 % (EPS 7.21). The company is profitable.

Is AMT stock expensive?

Our read: "Cheap for the growth" — P/E 25 for ~138% growth (PEG 0.2). Cross-check with growth and sector.

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