American Tower (AMT) Price to Book (2009 - 2026)
American Tower's (AMT) quarterly Price to Book came in at 7.43 in Q2 2026, down 24.72% year-over-year from 9.88 in Q2 2025, and down 6.16% quarter-over-quarter from 7.92 in Q1 2026.
Analysis
American Tower (AMT) Price to Book (2009 - 2026) Analysis & Trends
American Tower has disclosed Price to Book across 18 years of filings, most recently posting 7.43 for Q2 2026.
- In Q2 2026, Price to Book fell 24.72% year-over-year to 7.43; the TTM figure through Jun 2026 stood at 7.43 (down 24.72% YoY), while the FY2025 annual figure was 7.91, down 11.01% from the prior year.
- Price to Book came in at 7.43 for Q2 2026 at American Tower, down from 7.92 in the prior quarter.
- In the past five years, Price to Book ranged from a high of 12.39 in Q1 2022 to a low of 6.82 in Q3 2023.
- Average Price to Book over 5 years is 8.87, with a median of 8.51 recorded in 2024.
- Year-over-year, Price to Book slumped 49.44% in 2022 and surged 56.24% in 2024.
- Over 5 years, Price to Book stood at 7.95 in 2022, then grew by 16.54% to 9.26 in 2023, then dropped by 4.1% to 8.88 in 2024, then dropped by 11.01% to 7.91 in 2025, then fell by 5.97% to 7.43 in 2026.
- Per Business Quant data, the three most recent Price to Book figures were 7.43 in Q2 2026, 7.92 in Q1 2026, and 7.91 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | American Tower | 81.89 Bn | 86.66 Bn | 2.72 Bn |
| 2 | Crown Castle | 32.30 Bn | 31.26 Bn | 989.00 Mn |
| 3 | Sba Communications | 20.10 Bn | 20.18 Bn | 539.27 Mn |
| 4 | Array Digital Infrastructure | 3.33 Bn | 2.92 Bn | 30.57 Mn |
| 5 | IHS Holding | 2.84 Bn | 1.77 Bn | 207.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.43 |
| Mar 31, 2026 | 7.92 |
| Dec 31, 2025 | 7.91 |
| Sep 30, 2025 | 8.37 |
| Jun 30, 2025 | 9.88 |
| Mar 31, 2025 | 10.25 |
| Dec 31, 2024 | 8.88 |
| Sep 30, 2024 | 10.66 |
| Jun 30, 2024 | 8.71 |
| Mar 31, 2024 | 8.65 |
| Dec 31, 2023 | 9.26 |
| Sep 30, 2023 | 6.82 |
| Jun 30, 2023 | 7.53 |
| Mar 31, 2023 | 7.77 |
| Dec 31, 2022 | 7.95 |
| Sep 30, 2022 | 8.11 |
| Jun 30, 2022 | 11.09 |
| Mar 31, 2022 | 12.39 |
| Dec 31, 2021 | 14.70 |
| Sep 30, 2021 | 12.75 |