AMTNEUTRAL

AMT EV/EBITDA Analysis

20.6x

Higher than 75% of Real Estate sector peers

Updated 3033h ago·SEC filings & market data

Key Takeaway

American Tower's current EV/EBITDA of 20.6x means that investors are paying about 20.6 times the company's earnings before interest, taxes, depreciation, and amortization (EBITDA) for the entire enterprise value, which includes both equity and debt.

Sector Performance

75th percentile

AMT

20.6x

Sector Median

18.6x

Sector Avg

25.2x

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Deep Analysis

This multiple is above the Real Estate sector median of 17.1x, placing the company in the 79th percentile among its peers, indicating it trades at a premium valuation relative to the typical sector company. The year-over-year, quarter-over-quarter, and eight-quarter trend data are all marked as N/A, so no directional movement can be assessed from this metric alone. Because the current level is elevated versus the sector median but no trend is available, the valuation risk is present but without context of whether it is expanding or contracting. This high EV/EBITDA multiple supports the overall CAUTIOUS verdict, as a stock trading at a premium to its sector median carries higher expectations and less margin for error.

Frequently Asked Questions

What does the EV/EBITDA tell investors about AMT?

A valuation multiple preferred by analysts for capital-intensive or leveraged businesses. Useful for cross-sector comparisons where earnings can be distorted by debt.

How is the EV/EBITDA calculated?

EV/EBITDA is calculated as: Enterprise Value / EBITDA.

How does AMT's EV/EBITDA compare to its sector?

AMT's EV/EBITDA of 20.6x compares to a Real Estate sector median of 18.6x, placing it in the 75th percentile.

Who are AMT's closest peers by EV/EBITDA?

The closest Real Estate peers by EV/EBITDA include: REG (18.6x), AVB (15.6x), AMH (14.1x), ARE (57.0x).

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Learn More About EV/EBITDA

EV/EBITDA Explained: The Valuation Metric Pro Investors Actually Use

Learn what EV/EBITDA is, why it beats P/E for capital-heavy companies, typical sector ranges, and key limitations every serious investor should know.

The Formula

Enterprise Value / EBITDA

Why It Matters

A valuation multiple preferred by analysts for capital-intensive or leveraged businesses. Useful for cross-sector comparisons where earnings can be distorted by debt.