American Tower (AMT) Enterprise Value (2009 - 2026)
American Tower's Enterprise Value was $80.99 billion in Q2 2026, down 25.1% from $108.18 billion a year earlier and down 5.2% from the prior quarter.
American Tower (AMT) Enterprise Value (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, American Tower's Enterprise Value was $75.95 billion through Jun 30, 2026, down 25.5% year-over-year; for FY2025, it was $87.1 billion, down 3.2% from FY2024.
- Enterprise Value shows a five-year compound annual growth rate of -2.4% (FY2020 to FY2025).
- In earlier years, Enterprise Value was $89.99 billion in FY2024 (-14.8%), $105.58 billion in FY2023 (+1.6%), $103.93 billion in FY2022 (-23.2%) and $135.35 billion in FY2021 (+37.5%).
- The Q2 2026 figure marks the lowest quarterly Enterprise Value since Q4 2018.
- Compared with a year earlier, Enterprise Value has declined for four straight quarters, with an average decline of 2.0% over the last eight quarters.
- The best year-over-year quarter for Enterprise Value over five years was Q3 2024 (growth of 38.9%); the worst was Q2 2026 (a decline of 25.1%).
- Per Business Quant data, AMT's Enterprise Value in the three quarters before Q2 2026 was $85.44 billion (Q1 2026), $87.1 billion (Q4 2025) and $94.92 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | American Tower | 76.26 Bn | 75.99 Bn | 2.72 Bn |
| 2 | Digital Realty Trust | 64.98 Bn | 55.50 Bn | - |
| 3 | Crown Castle | 28.39 Bn | 27.14 Bn | 989.00 Mn |
| 4 | Sba Communications | 16.99 Bn | 17.07 Bn | 539.27 Mn |
| 5 | Lamar Advertising | 12.56 Bn | 12.38 Bn | 422.53 Mn |
| 6 | OUTFRONT Media | 4.89 Bn | 4.65 Bn | 276.40 Mn |
| 7 | Array Digital Infrastructure | 2.92 Bn | 1.81 Bn | 30.57 Mn |
| 8 | IHS Holding | 2.80 Bn | -57.74 Mn | 207.10 Mn |
| 9 | Fermi | 2.69 Bn | 1.82 Bn | - |
| 10 | Clear Channel Outdoor Holdings | 1.20 Bn | 488.27 Mn | 241.86 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 80.99 Bn |
| Mar 31, 2026 | 85.44 Bn |
| Dec 31, 2025 | 87.10 Bn |
| Sep 30, 2025 | 94.92 Bn |
| Jun 30, 2025 | 108.18 Bn |
| Mar 31, 2025 | 106.16 Bn |
| Dec 31, 2024 | 89.99 Bn |
| Sep 30, 2024 | 113.07 Bn |
| Jun 30, 2024 | 95.20 Bn |
| Mar 31, 2024 | 96.66 Bn |
| Dec 31, 2023 | 105.58 Bn |
| Sep 30, 2023 | 81.38 Bn |
| Jun 30, 2023 | 95.23 Bn |
| Mar 31, 2023 | 100.27 Bn |
| Dec 31, 2022 | 103.93 Bn |
| Sep 30, 2022 | 103.88 Bn |
| Jun 30, 2022 | 120.70 Bn |
| Mar 31, 2022 | 116.57 Bn |
| Dec 31, 2021 | 135.35 Bn |
| Sep 30, 2021 | 121.66 Bn |
American Tower Enterprise Value API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=enterprise-value&ticker=AMT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "ticker": "AMT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=enterprise-value&ticker=AMT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();