AMT (American Tower) Revenue per Share: $23.40 (TTM As of Jun. 2026)

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AMT American Tower Corp AMT
77 GF Score
Price $175.80
GF Value $208.01
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is American Tower Revenue per Share?

American Tower AMT +0.05% 77 Revenue per Share is $23.40 as of Jun. 2026. GuruFocus rates AMT with a GF Score™ of 77/100 and a GF Value™ of $208.01 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 783 REITs companies, American Tower ranks better than 50.83% on this metric.

American Tower's revenue per share for the three months ended in Jun. 2026 was $5.90. American Tower's revenue per share for the trailing twelve months (TTM) ended in Jun. 2026 was $23.40.

Good Sign:

American Tower Corp has shown predictable revenue and earnings growth.

During the past 12 months, the average Revenue Per Share Growth Rate of American Tower was 6.80% per year. During the past 3 years, the average Revenue Per Share Growth Rate was 2.90% per year. During the past 5 years, the average Revenue Per Share Growth Rate was 3.90% per year. During the past 10 years, the average Revenue Per Share Growth Rate was 6.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate.

The historical rank and industry rank for American Tower's Revenue per Share or its related term are showing as below:

AMT' s 3-Year Revenue Growth Rate Range Over the Past 10 Years
Min: -2.7   Med: 10   Max: 103.2
Current: 2.9

During the past 13 years, American Tower's highest 3-Year average Revenue Per Share Growth Rate was 103.20% per year. The lowest was -2.70% per year. And the median was 10.00% per year.

AMT's 3-Year Revenue Growth Rate is ranked better than
50.83% of 783 companies
in the REITs industry
Industry Median: 2.8 vs AMT: 2.90

American Tower  (NYSE:AMT) Revenue per Share Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:

Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


American Tower Revenue per Share Related Terms


American Tower Revenue per Share Historical Data

* Premium members only.

The historical data trend for American Tower's Revenue per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

American Tower Revenue per Share Chart

American Tower Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.64 20.84 21.43 21.63 22.71

American Tower Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Revenue per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.60 5.79 5.84 5.86 5.90

AMT vs DLR, EQIX, IRM: Revenue per Share Comparison

For the REIT - Specialty subindustry, American Tower's PS Ratio, along with its competitors' market caps and PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


American Tower PS Ratio vs REITs Industry

For the REITs industry and Real Estate sector, American Tower's PS Ratio distribution charts can be found below:

* The bar in red indicates where American Tower's PS Ratio falls into.


AMT
77GF Score
American Tower Corp AMT
Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

American Tower Revenue per Share Calculation

Revenue per Share is the amount of Revenue per outstanding share of the company's stock.

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

American Tower's Revenue Per Share for the fiscal year that ended in Dec. 2025 is calculated as

Revenue Per Share (A: Dec. 2025 )=Revenue (A: Dec. 2025 )/Shares Outstanding (Diluted Average) (A: Dec. 2025 )
=10644.6/468.757
=22.71

American Tower's Revenue Per Share for the quarter that ended in Jun. 2026 is calculated as

Revenue Per Share (Q: Jun. 2026 )=Revenue (Q: Jun. 2026 )/Shares Outstanding (Diluted Average) (Q: Jun. 2026 )
=2749.1/466.265
=5.90

Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $23.40

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Revenue per Share →
What does a Revenue per Share of $23.40 mean?
American Tower (AMT) has a Revenue per Share of $23.40 as of Jun. 2026. Revenue per share equals the per-share value of a company's sales. View historical data on American Tower and its competitors. According to the industry distribution chart, American Tower ranks #385 out of 783 companies in the REITs industry, placing it in the top 49.2%.
Is American Tower's Revenue per Share too high?
American Tower's current Revenue per Share is $23.40. The REITs industry median Revenue per Share is 2.80. American Tower's value of $23.40 is 735.7% above this industry median. Based on the distribution chart, American Tower ranks #385 out of 783 companies in the REITs industry, which is above the industry midpoint. Overall, American Tower has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does American Tower's Revenue per Share compare to DLR and EQIX?
According to the REITs industry distribution chart, American Tower ranks #385 out of 783 companies for Revenue per Share. This puts American Tower in the upper half of its industry. The industry median Revenue per Share is 2.80. American Tower's value of $23.40 is 735.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Revenue per Share for a REITs company?
The median Revenue per Share among REITs companies is 2.80, based on 783 companies in the industry. Companies in the top quartile (top 25%) have a Revenue per Share significantly above this median, while those in the bottom quartile fall well below. However, Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. American Tower's current Revenue per Share of $23.40 is 735.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Revenue per Share mean?
A high Revenue per Share can signal that a stock is expensive relative to its fundamentals. Revenue per share equals the per-share value of a company's sales. View historical data on American Tower and its competitors. For the REITs industry, the median Revenue per Share is 2.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. American Tower's current Revenue per Share is $23.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Tower stock overvalued right now?
Based on GuruFocus' analysis, American Tower (AMT) is currently considered Modestly Undervalued. The stock's GF Value™ is $208.01, compared to a current price of $175.80 — trading 15.5% below its estimated fair value. The current Revenue per Share is $23.40 and 735.7% above the REITs industry median of 2.80. American Tower's overall GF Score™ is 77/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Revenue per Share calculated?
Revenue per Share is calculated from a company's financial statements. For American Tower (AMT), the current Revenue per Share is $23.40 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is American Tower (AMT) Overvalued in 2026?

Based on GuruFocus' analysis, American Tower stock appears to be undervalued. The current stock price of $175.80 is trading 15.5% below its estimated GF Value™ of $208.01. GuruFocus considers American Tower to be Modestly Undervalued.

Key valuation signals for AMT:

  • Revenue per Share: $23.40
  • GF Value™: $208.01 vs. price of $175.80 (15.5% below fair value)
  • GF Score™: 77/100 with 5 warning signs
  • Industry Position: 735.7% above the REITs median (#385 of 783)

No single metric tells the full story. See the AMT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


American Tower Business Description

Industry Real EstateREITs
Address 222 Berkeley Street, 7th Floor, Boston, MA, USA, 02116
American Tower owns and operates about 150,000 wireless towers throughout the US, Asia, Latin America, Europe, and Africa. It also owns and/or operates 30 data centers in 11 US markets through its CoreSite segment. The company's customer base in the tower business is very concentrated, with most revenue in each market generated by the top three or four mobile carriers. The company operates 42,000 towers in the US, which accounted for about half of total revenue in 2025. Outside the US, American Tower operates about 47,000 towers in Latin America (dominated by Brazil), 33,000 towers in Europe, and 28,000 towers in Africa. American Tower operates as a REIT.
77GF Score

Get the complete analysis for AMT

Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$175.80
Price
$208.01
GF Value