American Tower (AMT) Price to Sales (2009 - 2026)
American Tower's (AMT) Price to Sales was 6.97 for Q2 2026, down 30.9% from 10.09 a year earlier and down 6.3% from the prior quarter.
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Analysis
American Tower (AMT) Price to Sales (2009 - 2026) Analysis & Trends
For FY2025, Price to Sales at American Tower was 7.69, down 9.1% from FY2024.
- Price to Sales has declined for four consecutive years.
- By year, Price to Sales came in at 8.46 in FY2024 (-15.8%), 10.05 in FY2023 (-1.7%), 10.23 in FY2022 (-28.2%) and 14.25 in FY2021 (+14.9%).
- The Q2 2026 figure ranks as the lowest quarterly Price to Sales in data going back to Q1 2009.
- Year over year, Price to Sales has now declined in each of the last four quarters, with an average decline of 6.5% over the last eight quarters.
- The high point for year-over-year Price to Sales in five years was Q3 2024 (growth of 29.9%); the low point was Q2 2026 (a decline of 30.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 7.43 (Q1 2026), 7.69 (Q4 2025) and 8.61 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | American Tower | 75.57 Bn | 75.31 Bn | 2.72 Bn |
| 2 | Digital Realty Trust | 66.06 Bn | 56.59 Bn | - |
| 3 | Crown Castle | 28.31 Bn | 27.05 Bn | 989.00 Mn |
| 4 | Sba Communications | 16.81 Bn | 16.90 Bn | 539.27 Mn |
| 5 | Lamar Advertising | 12.56 Bn | 12.38 Bn | 422.53 Mn |
| 6 | OUTFRONT Media | 5.05 Bn | 4.82 Bn | 276.40 Mn |
| 7 | Array Digital Infrastructure | 2.97 Bn | 1.87 Bn | 30.57 Mn |
| 8 | IHS Holding | 2.79 Bn | -67.81 Mn | 207.10 Mn |
| 9 | Fermi | 2.57 Bn | 1.71 Bn | - |
| 10 | Clear Channel Outdoor Holdings | 1.22 Bn | 503.54 Mn | 241.86 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.97 |
| Mar 31, 2026 | 7.43 |
| Dec 31, 2025 | 7.69 |
| Sep 30, 2025 | 8.61 |
| Jun 30, 2025 | 10.09 |
| Mar 31, 2025 | 10.01 |
| Dec 31, 2024 | 8.46 |
| Sep 30, 2024 | 10.83 |
| Jun 30, 2024 | 9.05 |
| Mar 31, 2024 | 9.22 |
| Dec 31, 2023 | 10.05 |
| Sep 30, 2023 | 8.34 |
| Jun 30, 2023 | 9.67 |
| Mar 31, 2023 | 10.02 |
| Dec 31, 2022 | 10.23 |
| Sep 30, 2022 | 9.56 |
| Jun 30, 2022 | 11.63 |
| Mar 31, 2022 | 11.63 |
| Dec 31, 2021 | 14.25 |
| Sep 30, 2021 | 13.38 |
API Access
American Tower Price to Sales 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=price-to-sales&ticker=AMT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-sales", "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=price-to-sales&ticker=AMT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();