American Tower price to sales ratio AMT
Market value divided by revenue over the last twelve months, since 2010.
- Today, Oct 23, 2026
- 8.0×
- 10-year median
- 9.5×
- Against its 10-year history
- 18th
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 6.8× to 15.2×
- Peer median
- 7.7×
American Tower's price to sales ratio is 8.0× as of Oct 23, 2026.
That is below its ten-year median of 9.5×, lower than on 82% of days in the last ten years.
Over that time it ranged from 6.8× in Oct 2023 to 15.2× in Jun 2020.
The median for 10 specialty REITs of a similar size is 7.7×.
Price to sales ratio over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 8.0× | 6.9× | 8.6× |
| 2025 | 7.9× | 7.3× | 10.6× |
| 2024 | 7.7× | 7.2× | 9.8× |
| 2023 | 9.1× | 6.8× | 10.4× |
| 2022 | 9.4× | 8.5× | 13.0× |
| 2021 | 14.4× | 11.3× | 14.4× |
| 2020 | 12.7× | 11.4× | 15.2× |
| 2019 | 13.0× | 9.9× | 13.5× |
| 2018 | 10.0× | 8.9× | 10.5× |
| 2017 | 10.1× | 8.0× | 10.1× |
| 2016 | 8.1× | 7.9× | 10.0× |
| 2015 | 10.2× | 10.1× | 10.5× |
| 2014 | 10.6× | 9.4× | 11.1× |
| 2013 | 9.8× | 8.8× | 11.4× |
| 2012 | 10.9× | 9.7× | 11.1× |
| 2011 | 10.1× | 8.7× | 12.0× |
| 2010 | 10.9× | 8.9× | 11.5× |
Against its peers
Companies in REIT - Specialty nearest American Tower's size, closest first, today.
| Company | Price to sales ratio |
|---|---|
| AMTAmerican Tower | 8.0× |
| EQIXEquinix | 9.6× |
| DLRDigital Realty Trust | 9.4× |
| VMRKVivmark Residential | 15.1× |
| CCICrown Castle | 8.8× |
| IRMIron Mountain | 4.3× |
| SBACSBA Communications | 6.8× |
| HSTHost Hotels & Resorts | 2.7× |
| KIMKimco Realty | 7.2× |
| LAMRLamar Advertising | 6.8× |
| WPCW. P. Carey | 8.1× |
| Peer median | 7.7× |
What the price to sales ratio tells you
Market value divided by revenue over the last twelve months. Useful for companies with little or no profit yet, since sales are harder to make negative than earnings.
Ignores margins entirely. A software company at 10× sales with 30% margins can be cheaper than a grocer at 1× sales with 2% margins.
More on American Tower
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.