American Tower forward PE AMT

Share price divided by analysts' consensus earnings for the next twelve months, since 2006.

Today, Oct 23, 2026: 27.9×
10-year median: 39.7×
Against its 10-year history: 8th; percentile: 0 is its lowest day, 100 its highest
10-year range: 24.0× to 68.5×
Peer median: 49.1×

American Tower's forward PE is 27.9× as of Oct 23, 2026.

That is below its ten-year median of 39.7×, lower than on 92% of days in the last ten years.

Over that time it ranged from 24.0× in Oct 2026 to 68.5× in Sep 2021.

The median for 10 specialty REITs of a similar size is 49.1×.

Forward PE over time

median 39.7×

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	27.9×	24.0×	30.6×
2025	28.1×	26.0×	35.9×
2024	27.3×	25.7×	36.6×
2023	36.8×	29.4×	53.3×
2022	48.5×	42.7×	63.8×
2021	67.4×	33.7×	68.5×
2020	37.1×	36.2×	60.7×
2019	54.3×	43.8×	57.1×
2018	43.9×	37.2×	46.0×
2017	39.9×	36.0×	42.1×
2016	36.8×	35.7×	45.4×
2015	42.9×	38.8×	47.3×
2014	44.1×	36.4×	46.1×
2013	37.9×	33.1×	40.2×
2012	35.0×	34.0×	42.8×
2011	40.5×	36.2×	59.7×
2010	54.4×	46.3×	59.7×
2009	57.6×	38.1×	57.9×
2008	44.2×	32.7×	94.2×
2007	88.4×	85.1×	122×

Against its peers

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

Company	Forward PE
AMTAmerican Tower	27.9×
EQIXEquinix	55.2×
DLRDigital Realty Trust	75.9×
VMRKVivmark Residential	n/m
CCICrown Castle	32.2×
IRMIron Mountain	43.1×
SBACSBA Communications	n/m
HSTHost Hotels & Resorts	n/m
KIMKimco Realty	n/m
LAMRLamar Advertising	n/m
WPCW. P. Carey	n/m
Peer median	49.1×

Where American Tower ranks

#3of 14Real estate stocks with the lowest forward PE

What the forward PE tells you

Price divided by what analysts expect the company to earn over the next twelve months. It answers "what am I paying for next year" instead of last year.

Estimates are opinions. When forward PE is far below trailing PE, analysts expect a big jump in earnings. If that jump slips, the stock was not as cheap as it looked.

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.