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American Tower Corporation (AMT) EV/Sales Ratio: 12.34x

Is American Tower Corporation’s EV/Sales ratio high or low?

American Tower Corporation's EV/Sales ratio of 12.34x is 12% below its 5-year average of 14.08x, near the low end of its 5-year range (10.88x–20.92x).

The EV/Sales ratio for American Tower Corporation (AMT) is 12.34x as of Wednesday, June 10, 2026. It is below its 12-month average by 2.03% (12.60x).

AMT EV/Sales Ratio Chart

AMT EV/Sales Ratio
12.34x-9.00% 1Y
Zoom

AMT Average EV/Sales Ratio Chart

AMT Current vs Average EV/Sales Ratio Chart

AMT EV/Sales Ratio Metrics

EV/SALES RATIO

12.34x

EV/SALES RATIO AVG TTM

12.60x

EV/SALES RATIO AVG 3Y

12.61x

EV/SALES RATIO AVG 5Y

14.08x

EV/SALES RATIO AVG 10Y

14.25x

EV/SALES RATIO AVG 15Y

13.84x

EV/SALES RATIO AVG 20Y

13.82x

CURRENT VS TTM AVG

-2.03%

CURRENT VS 3Y AVG

-2.15%

CURRENT VS 5Y AVG

-12.35%

CURRENT VS 10Y AVG

-13.39%

CURRENT VS 15Y AVG

-10.82%

CURRENT VS 20Y AVG

-10.69%

AMT Competitors' EV/Sales Ratio

NAMEMARKET CAPEV/SALES RATIOTTM3Y5Y
American Tower Corporation (AMT)$89.65B12.34x12.60x12.61x14.08x
Equinix, Inc. (EQIX)$102.40B13.16x11.48x11.43x11.57x
Simon Property Group, Inc. (SPG)$69.02B14.65x13.87x13.13x13.11x
Digital Realty Trust, Inc. (DLR)$63.53B12.57x13.06x12.32x12.20x
Realty Income Corporation (O)$57.93B14.69x14.93x15.27x17.31x
Public Storage (PSA)$56.87B13.70x12.60x13.01x14.79x
Prologis, Inc. (PLD)$135.93B19.38x17.66x17.93x20.51x
Crown Castle Inc. (CCI)$40.76B15.53x14.25x12.65x13.71x
VICI Properties Inc. (VICI)$30.59B11.75x12.45x13.19x14.98x
Welltower Inc. (WELL)$149.22B14.57x14.40x12.23x11.36x

Understanding EV/Sales

Enterprise Value (EV) = Market Cap + Total Debt - Cash

Sales = Total Revenue (TTM)

EV/Sales is commonly used because:

  • It works for unprofitable companies where P/E doesn't apply
  • Revenue is harder to manipulate than earnings
  • It supports comparisons across companies at different profitability stages
  • It is frequently used for software and other revenue-growth-focused companies

Note: EV/Sales does not include margin, debt maturity, cash conversion, or growth durability by itself.

American Tower Corporation EV/Sales Ratio Formula & Definition

EV/Sales = Enterprise Value / Revenue (TTM)

Enterprise value to sales compares total company value to revenue, useful across capital structures and for unprofitable companies.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

American Tower Corporation EV/Sales Ratio FAQ

What is the EV/Sales ratio for American Tower Corporation (AMT)?
The EV/Sales ratio for AMT stock is 12.34x.
Is American Tower Corporation's EV/Sales ratio high or low?
American Tower Corporation's EV/Sales ratio of 12.34x is 12% below its 5-year average of 14.08x, near the low end of its 5-year range (10.88x–20.92x).
What is the TTM average EV/Sales ratio for American Tower Corporation (AMT)?
The TTM average EV/Sales ratio for AMT stock is 12.60x.
What is the 3Y average EV/Sales ratio for American Tower Corporation (AMT)?
The 3Y average EV/Sales ratio for AMT stock is 12.61x.
What is the 5Y average EV/Sales ratio for American Tower Corporation (AMT)?
The 5Y average EV/Sales ratio for AMT stock is 14.08x.
What is the 10Y average EV/Sales ratio for American Tower Corporation (AMT)?
The 10Y average EV/Sales ratio for AMT stock is 14.25x.
What is the 15Y average EV/Sales ratio for American Tower Corporation (AMT)?
The 15Y average EV/Sales ratio for AMT stock is 13.84x.
What is the 20Y average EV/Sales ratio for American Tower Corporation (AMT)?
The 20Y average EV/Sales ratio for AMT stock is 13.82x.

American Tower Corporation EV/Sales Ratio History

DATEEV/SALES RATIO
2026-06-1012.34x
2026-06-0912.27x
2026-06-0812.19x
2026-06-0512.41x
2026-06-0412.40x
2026-06-0311.90x
2026-06-0212.04x
2026-06-0112.13x
2026-05-2912.10x
2026-05-2812.09x
2026-05-2712.02x
2026-05-2612.01x
2026-05-2211.97x
2026-05-2111.96x
2026-05-2011.97x
2026-05-1911.93x
2026-05-1811.68x
2026-05-1511.40x
2026-05-1411.39x
2026-05-1311.54x
2026-05-1211.75x
2026-05-1111.69x
2026-05-0811.65x
2026-05-0711.79x
2026-05-0611.81x
2026-05-0511.72x
2026-05-0411.84x
2026-05-0111.87x
2026-04-3011.92x
2026-04-2911.72x
2026-04-2811.73x
2026-04-2711.81x
2026-04-2411.94x
2026-04-2311.97x
2026-04-2211.86x
2026-04-2111.79x
2026-04-2012.09x
2026-04-1712.12x
2026-04-1611.96x
2026-04-1511.89x
2026-04-1411.86x
2026-04-1312.06x
2026-04-1011.99x
2026-04-0912.02x
2026-04-0811.85x
2026-04-0711.76x
2026-04-0611.85x
2026-04-0211.74x
2026-04-0111.62x
2026-03-3111.69x
2026-03-3011.59x
2026-03-2711.56x
2026-03-2611.53x
2026-03-2511.46x
2026-03-2411.59x
2026-03-2311.86x
2026-03-2011.88x
2026-03-1912.14x
2026-03-1812.05x
2026-03-1712.24x
2026-03-1612.23x
2026-03-1312.21x
2026-03-1212.01x
2026-03-1112.14x
2026-03-1012.29x
2026-03-0912.31x
2026-03-0612.40x
2026-03-0512.35x
2026-03-0412.49x
2026-03-0312.47x
2026-03-0212.47x
2026-02-2712.54x
2026-02-2612.24x
2026-02-2512.13x
2026-02-2412.47x
2026-02-2312.64x
2026-02-2012.52x
2026-02-1912.41x
2026-02-1812.49x
2026-02-1712.78x
2026-02-1312.73x
2026-02-1212.56x
2026-02-1112.21x
2026-02-1012.12x
2026-02-0911.91x
2026-02-0611.80x
2026-02-0511.81x
2026-02-0412.04x
2026-02-0311.88x
2026-02-0211.91x
2026-01-3012.16x
2026-01-2912.25x
2026-01-2812.08x
2026-01-2712.19x
2026-01-2612.17x
2026-01-2312.14x
2026-01-2212.05x
2026-01-2112.11x
2026-01-2012.09x
2026-01-1612.35x
2026-01-1512.26x
2026-01-1412.08x
2026-01-1311.92x
2026-01-1211.81x
2026-01-0911.68x
2026-01-0811.76x
2026-01-0711.72x
2026-01-0612.00x
2026-01-0512.02x
2026-01-0211.96x
2025-12-3111.99x
2025-12-3012.04x
2025-12-2912.00x
2025-12-2612.03x
2025-12-2411.96x
2025-12-2311.94x
2025-12-2211.86x
2025-12-1911.85x
2025-12-1811.94x
2025-12-1712.12x
2025-12-1612.15x
2025-12-1512.20x
2025-12-1212.22x
2025-12-1112.27x
2025-12-1012.20x
2025-12-0912.17x
2025-12-0812.33x
2025-12-0512.14x
2025-12-0412.14x
2025-12-0312.02x
2025-12-0212.00x
2025-12-0112.02x
2025-11-2812.25x
2025-11-2612.25x
2025-11-2512.18x
2025-11-2412.17x
2025-11-2112.17x
2025-11-2012.15x
2025-11-1912.21x
2025-11-1812.26x
2025-11-1712.21x
2025-11-1412.35x
2025-11-1312.24x
2025-11-1212.34x
2025-11-1112.41x
2025-11-1012.18x
2025-11-0712.10x
2025-11-0612.11x
2025-11-0512.17x
2025-11-0412.21x
2025-11-0312.04x
2025-10-3112.15x
2025-10-3012.17x
2025-10-2912.15x
2025-10-2812.31x
2025-10-2712.87x
2025-10-2412.95x
2025-10-2312.90x
2025-10-2212.94x
2025-10-2112.99x
2025-10-2013.03x
2025-10-1712.94x
2025-10-1612.95x
2025-10-1512.89x
2025-10-1412.73x
2025-10-1312.57x
2025-10-1012.73x
2025-10-0912.67x
2025-10-0812.68x
2025-10-0712.75x
2025-10-0612.68x
2025-10-0312.89x
2025-10-0212.94x
2025-10-0113.04x
2025-09-3012.99x
2025-09-2913.09x
2025-09-2613.08x
2025-09-2513.05x
2025-09-2413.02x
2025-09-2313.08x
2025-09-2213.03x
2025-09-1913.04x
2025-09-1813.02x
2025-09-1713.21x
2025-09-1613.10x
2025-09-1513.00x
2025-09-1213.12x
2025-09-1113.18x
2025-09-1013.06x
2025-09-0913.10x
2025-09-0813.05x
2025-09-0513.26x
2025-09-0413.12x
2025-09-0313.17x
2025-09-0213.36x
2025-08-2913.52x
2025-08-2813.46x
2025-08-2713.49x
2025-08-2613.68x
2025-08-2513.85x
2025-08-2213.88x
2025-08-2113.79x
2025-08-2013.78x
2025-08-1913.65x
2025-08-1813.48x
2025-08-1513.62x
2025-08-1413.50x
2025-08-1313.53x
2025-08-1213.55x
2025-08-1113.62x
2025-08-0813.64x
2025-08-0713.80x
2025-08-0613.75x
2025-08-0513.80x
2025-08-0413.93x
2025-08-0113.89x
2025-07-3113.73x
2025-07-3013.74x
2025-07-2914.01x
2025-07-2813.99x
2025-07-2514.24x
2025-07-2414.30x
2025-07-2314.25x
2025-07-2214.35x
2025-07-2114.09x
2025-07-1814.01x
2025-07-1713.94x
2025-07-1613.95x
2025-07-1513.75x
2025-07-1413.88x
2025-07-1113.77x
2025-07-1013.84x
2025-07-0913.88x
2025-07-0813.83x
2025-07-0713.80x
2025-07-0313.88x
2025-07-0213.93x
2025-07-0114.00x
2025-06-3013.85x
2025-06-2713.70x
2025-06-2613.69x
2025-06-2513.81x
2025-06-2413.97x
2025-06-2313.87x
2025-06-2013.69x
2025-06-1813.60x
2025-06-1713.58x
2025-06-1613.58x
2025-06-1313.57x
2025-06-1213.70x
2025-06-1113.55x
2025-06-1013.56x
2025-06-0913.48x
2025-06-0613.47x
2025-06-0513.63x
2025-06-0413.55x
2025-06-0313.51x
2025-06-0213.54x
2025-05-3013.56x
2025-05-2913.52x

Showing the most recent 260 of 5,031 data points. The chart above shows the full history.

About American Tower Corporation

American Tower Corporation, a prominent global Real Estate Investment Trust (REIT), stands as a premier independent entity specializing in the ownership, operation, and development of shared telecommunications infrastructure. The company manages an extensive portfolio of approximately 219,000 communication sites worldwide. For additional details, including earnings materials and investor presentations, please visit their investor relations website at www.americantower.com.

Boston, MA
4,691 employees
Real Estate / REIT - Specialty
Sector
Real Estate
Industry
REIT - Specialty
CEO
Steven O. Vondran