Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 25.29 as of Sunday, July 26, 2026.
Forward PE Ratio (25.29) = Close Price ($166.67) / Consensus Forward EPS ($6.59)
FORWARD PE RATIO
25.29
SECTOR MEDIAN · REAL ESTATE
35.81
median of 38 covered companies
CURRENT VS SECTOR MEDIAN
-29.39%
vs the sector median at left
American Tower Corporation
Market Cap
$77.65B
Forward PE Ratio
25.29
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| American Tower Corporation (AMT) | $77.65B | 25.29 |
| Simon Property Group, Inc. (SPG)vs › | $74.51B | 34.29 |
| Digital Realty Trust, Inc. (DLR)vs › | $73.65B | 90.28 |
| Realty Income Corporation (O)vs › | $61.17B | 42.43 |
| Public Storage (PSA)vs › | $56.62B | 31.62 |
| Ventas, Inc. (VTR)vs › | $48.87B | 161.11 |
| Equinix, Inc. (EQIX)vs › | $106.93B | 62.79 |
| CBRE Group, Inc. (CBRE)vs › | $40.84B | 18.07 |
| Iron Mountain Incorporated (IRM)vs › | $38.18B | 54.07 |
| Crown Castle Inc. (CCI)vs › | $32.73B | 37.50 |
Trailing P/E
26.9
reported TTM EPS
Forward P/E
25.3
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $6.59 implies +6.5% EPS growth vs the reported trailing $6.19.
At today's $166.67 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $6.59 | $6.53 – $6.65 | 9 | 25.3x |
| 2027-12-31 | $6.76 | $6.69 – $6.86 | 10 | 24.7x |
| 2028-12-31 | $7.54 | $6.24 – $8.52 | 10 | 22.1x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
