AMT

American Tower Corp /ma/ Real Estate Real Estate Investment Trusts S&P 500Russell 3000
$187.78Close $87.6BMarket cap $161.06 – $192.2852-week range Jan 26, 2027Next report · estimated

Highlights

Strengths

  • Near its high 2% below its 52-week high

Cautions

  • Not in an uptrend 4 of 8 trend conditions
  • Earnings shrinking EPS −14% year on year
  • Financial distress Altman Z″ in the distress zone

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Dec 31, 2025 · filed Oct 27, 2026
Off 12-month high 2%
1wk down 0.6% price change
1mo up 14.7% price change
12-month return up 8% market up 11% · its own down 3%
F-score — — Not assessed
Altman Z″ -0.11 Elevated risk
P/E 33.3× price / earnings
PEG 2.20 P/E / EPS growth
P/B 24.0× price / book
Earnings yield up 3.9% EBIT / enterprise value
Cheaper than 40% of the market · around average
Revenue growth up 21% year on year
EPS growth down 14% latest quarter · -148 pts
Sales growth down 18% latest quarter · -4 pts
ROE up 75% return on equity
Free cash margin up 404% $3.8B FCF
D/E 10.19 long-term debt / equity
Net debt / EBITDA 5.2×
Interest cover —EBIT / interest

Trade setup

ATR% 3.0% $5.68 a day · 2×ATR $176.42
RS 57 / 99 vs the universe
Trend 4 / 8 trend template
Relative volume 1.1× vs 50-day average
Up/down volume 1.09 50 sessions
Implied move — no scheduled report
Trend template · 4 of 8
  • Price above the 150 and 200-day averages: passes
  • 150-day average above the 200-day: fails
  • 200-day average rising for a month: passes
  • 50-day average above the 150 and 200-day: fails
  • Price above the 50-day average: passes
  • At least 30% above the 52-week low: fails
  • Within 25% of the 52-week high: passes
  • RS rank 70 or higher: fails

Screen verdict

Did not qualify for any screen.

Warning signs

2 flagged
  • Bankruptcy model reads distressed The Altman score sits inside the range historically associated with financial distress. It is used here only to exclude, never to rank, and it is a statistical band rather than a prediction about this company.
  • Heavily indebted Net debt is 5.2 times EBITDA — roughly 5 years of earnings before interest, tax and depreciation to repay borrowings in full.
Last reported Oct 27, 2026
Results reaction Oct 27, 2026-3% vs market2 sessions after results
Options $493,85629.5% IV · activity

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $935.9M +21% on FY2024
$0 $1B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $495.7M FY2021 · $717.2M FY2022 · $840.7M FY2023 · $747.3M FY2024 · $774.6M FY2025 · $935.9M
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology $2.6B +15% on FY2024
$0 $5B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $1.7B FY2021 · $2.6B FY2022 · $1.7B FY2023 · $1.4B FY2024 · $2.3B FY2025 · $2.6B
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology $3.8B +2% on FY2024
$0 $5B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $2.8B FY2021 · $3.4B FY2022 · $1.8B FY2023 · $2.9B FY2024 · $3.7B FY2025 · $3.8B
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Net 281%
  • Free cash 404%
0% 1000% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Net 341% · Free cash 575% FY2021 · Net 358% · Free cash 480% FY2022 · Net 202% · Free cash 217% FY2023 · Net 183% · Free cash 391% FY2024 · Net 294% · Free cash 478% FY2025 · Net 281% · Free cash 404%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology $35.7B net debt
  • Cash
  • Long-term debt
$0 $50B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $1.7B · Long-term debt $29.3B FY2021 · Cash $1.9B · Long-term debt $43.3B FY2022 · Cash $1.5B · Long-term debt $38.7B FY2023 · Cash $1.8B · Long-term debt $38.8B FY2024 · Cash $2.0B · Long-term debt $36.5B FY2025 · Cash $1.5B · Long-term debt $37.2B
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 466.32m +4.9% since FY2020
467.38m 444.33m FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · 444.33m FY2021 · 455.77m FY2022 · 465.62m FY2023 · 466.30m FY2024 · 467.38m FY2025 · 466.32m
  FY2020Dec 31, 2020 FY2021Dec 31, 2021 FY2022Dec 31, 2022 FY2023Dec 31, 2023 FY2024Dec 31, 2024 FY2025Dec 31, 2025
Revenue $495.7M $717.2M $840.7M $747.3M $774.6M $935.9M
Operating income $2.9B $3.1B $2.7B $3.1B $4.5B $4.8B
Net income $1.7B $2.6B $1.7B $1.4B $2.3B $2.6B
Net margin 341% 358% 202% 183% 294% 281%
Earnings per share $3.79 $5.66 $3.67 $2.93 $4.87 $5.61
Free cash flow $2.8B $3.4B $1.8B $2.9B $3.7B $3.8B
Free cash margin 575% 480% 217% 391% 478% 404%
Cash $1.7B $1.9B $1.5B $1.8B $2.0B $1.5B
Long-term debt $29.3B $43.3B $38.7B $38.8B $36.5B $37.2B
Shareholders' equity $4.1B $5.1B $5.6B $4.2B $3.4B $3.7B
Shares outstanding 444.33m 455.77m 465.62m 466.30m 467.38m 466.32m

What options price now

Expected 1-month range The at-the-money straddle for the expiry nearest a month out, as a share of the price: the move, either way, the option market is pricing by then. The range is the price plus and minus that move; the stock ends inside it a little more often than not. Methodology
$177 – $199 ±5.9% by Nov 20, 2026
Swings expected vs recent The daily swings the options are priced for (implied volatility) against the swings the stock actually had over the last 20 sessions (realised volatility). Bigger means options charge for more movement than the stock has been delivering; smaller, less. On a contract row, that contract's own implied volatility over the stock's realised. Methodology
Smaller 29.5% priced · 40.2% recent
Next month vs later At-the-money implied volatility for 8-45 day expiries over 46-90 day ones: whether options price the coming month as choppier or calmer than the two after it. Ahead of a report it usually reads choppier, and the extra comes out once the report is out. Methodology
Choppier
Crash protection What options that pay off in a fall cost against options that pay off in a rise (the 25-delta skew), compared with this company's own normal - the median of its stored nightly readings, once there are 20 - and with five sessions ago. Protection costs a little more than upside on most shares. More than usual means readers of the chain are paying up to insure against a drop; it does not say which way the stock will go. Methodology
past week: costs less
Positioning
Premium traded
$493,856 calls $368,222 · puts $125,633 · latest session
Puts against calls, by premium Money spent on puts divided by money spent on calls. Measured in dollars rather than contracts on purpose: counting contracts treats a hundred cheap lottery tickets as more meaningful than one large position, which is backwards. Methodology
0.34× -0.55 over the week
Open interest added The change over five sessions in option positions left open overnight, calls and puts. A rise means positions were added. It cannot say whether they were bought or sold, so more calls is not a vote for a rise: a call is as often sold against shares already held. Methodology
calls +4.77k · puts -1.18k past week

For options traders: ATM IV 29.5% (+0.0% 1w) · 1m ÷ 3m IV 1.08 · 25Δ skew -0.8 pts · Net GEX $11.7M

Most traded contracts

No contract passed the liquidity filters this week.

Filings

SEC EDGAR
FiledReportPeriod to Lag
Oct 27, 2026 Quarterly ↗ Sep 30, 2026 27d
Jul 28, 2026 Quarterly ↗ Jun 30, 2026 28d
Apr 28, 2026 Quarterly ↗ Mar 31, 2026 28d
Feb 24, 2026 Annual ↗ Dec 31, 2025 55d
Oct 28, 2025 Quarterly ↗ Sep 30, 2025 28d
Jul 29, 2025 Quarterly ↗ Jun 30, 2025 29d
Apr 29, 2025 Quarterly ↗ Mar 31, 2025 29d
Feb 25, 2025 Annual ↗ Dec 31, 2024 56d
Oct 29, 2024 Quarterly ↗ Sep 30, 2024 29d
Jul 30, 2024 Quarterly ↗ Jun 30, 2024 30d
Apr 30, 2024 Quarterly ↗ Mar 31, 2024 30d
Feb 27, 2024 Annual ↗ Dec 31, 2023 58d

Current reports