American Tower EV/EBIT AMT

Enterprise value divided by operating profit over the last twelve months, one-off items taken out, since 2010.

Today, Oct 23, 2026: 26.5×
10-year median: 39.0×
Against its 10-year history: 8th; percentile: 0 is its lowest day, 100 its highest
10-year range: 24.0× to 53.4×
Peer median: 28.8×

American Tower's EV/EBIT is 26.5× as of Oct 23, 2026.

That is below its ten-year median of 39.0×, lower than on 92% of days in the last ten years.

Over that time it ranged from 24.0× in Oct 2026 to 53.4× in Aug 2022.

The median for 10 specialty REITs of a similar size is 28.8×.

EV/EBIT over time

median 39×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	26.5×	24.0×	27.7×
2025	26.2×	25.8×	32.1×
2024	26.7×	26.7×	39.2×
2023	39.4×	33.8×	49.9×
2022	46.6×	39.8×	53.4×
2021	48.2×	37.6×	50.5×
2020	40.9×	38.1×	48.0×
2019	41.5×	38.0×	44.6×
2018	40.1×	35.3×	41.6×
2017	37.2×	35.3×	39.8×
2016	35.8×	34.1×	40.6×
2015	37.2×	34.6×	38.6×
2014	36.4×	33.0×	39.0×
2013	32.8×	29.6×	36.0×
2012	32.8×	31.3×	35.3×
2011	33.5×	28.7×	35.7×
2010	33.0×	27.9×	34.1×

Against its peers

Companies in REIT - Specialty nearest American Tower's size, closest first, today.

Company	EV/EBIT
AMTAmerican Tower	26.5×
EQIXEquinix	49.7×
DLRDigital Realty Trust	76.1×
VMRKVivmark Residential	40.5×
CCICrown Castle	27.1×
IRMIron Mountain	35.4×
SBACSBA Communications	20.8×
HSTHost Hotels & Resorts	22.8×
KIMKimco Realty	30.5×
LAMRLamar Advertising	26.0×
WPCW. P. Carey	23.2×
Peer median	28.8×

Where American Tower ranks

What the EV/EBIT tells you

What the whole business costs against its operating profit. Enterprise value is the market value plus borrowings and minority interests, less cash. EBIT is operating profit before interest and tax, with one-offs taken out. Unlike PE it is not moved by how a company is financed.

Leases are left out of debt for every company. Banks earn on their balance sheet, so EV/EBIT does not describe them.

More on American Tower

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.