American Tower Corporation (AMT)

FairStock Score: 62/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

As a Buffett-and-Graham-style investor, I start with the asset: American Tower owns over 148,000 communications sites plus U.S. data centers, renting space to multiple tenants. That can be a durable, moat-like business, and FairStock classifies it as a STALWART—steady growth, with profits up 9.2% a year over five years and revenue up 13.6%. But this is a REIT, so depreciation distorts EPS and P/E; the right measures, FFO and AFFO, are not in my data. I therefore lean on dividend yield, leverage, revenue trend and price-to-book. At the 2026-10-13 close of $179.43, FairStock computes a 4.01% dividend yield, P/B of 22.48, P/E of 24.68, ROE of 33.91%, ROCE of 4.89%, debt-to-equity of 4.39, Altman Z of 0.83, Piotroski F-Score of 8/9, FCF yield of 4.7%, and EV/EBITDA of 17.12. The balance sheet is the main worry: high debt, a weak Altman Z, and low ROCE. The filed figures show fiscal Q2 2026, the quarter ended 2026-06-30, revenue of $211.1 million, net income of $887.5 million and diluted EPS of $1.86; fiscal Q2 2025 revenue was $243.7 million, net income $380.5 million and diluted EPS $0.78. So net income jumped while revenue fell. The 52-week range is $160.06 to $196.08. I see a quality communications REIT with high leverage and a full price—fair, not a bargain.

In plain English: American Tower owns cell towers and data centers and rents space to communications companies. It pays a solid dividend and has steady rental income, but it carries a lot of debt and its shares look expensive compared with their accounting value. Based on the numbers given, the price looks fair to high rather than cheap.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer