American Tower Corp.
AMT
Market Cap$101.81B
Close$
Earnings Call Q1 2025
April 29, 2025 - AI Summary
Strong Financial Performance: American Tower reported a strong start to Q1 2025, exceeding expectations in property revenue, adjusted EBITDA, and AFFO per share. Organic tenant billings grew by 4.7%, with significant contributions from the U.S. services business, which delivered its highest revenue and gross profit since 2021.
U.S. Carrier Activity and Leasing Demand: U.S. carriers are aggressively pursuing 5G upgrades, with expectations of completing substantial enhancements by the end of 2026. This has resulted in ongoing amendment activities and increased capacity-oriented new site demand. Q1 marked the fifth consecutive quarter of increases in application volumes and services revenue, which saw year-over-year growth of roughly 60% and over 140%, respectively.
FX Headwinds and Revised Outlook: Despite a challenging economic backdrop and approximately 300 basis points of FX headwinds negatively impacting revenue, American Tower raised its full-year expectations for property revenue, adjusted EBITDA, and AFFO, mostly due to updated FX assumptions.
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$209.53
3.7% downside
Current Fair Value
3.7% downsideOvervalued by 3.7% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $101.81 Billion |
|---|---|
| Enterprise Value | $137.60 Billion |
| Dividend Yield | $6.64 (3.05315431304028%) |
| Earnings per Share | $4.83 |
| Beta | 0.83 |
| Outstanding Shares | 467,640,000 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 55.69 |
|---|---|
| PEG | -119.17 |
| Price to Sales | 9.89 |
| Price to Book Ratio | 10.36 |
| Enterprise Value to Revenue | 13.06 |
| Enterprise Value to EBIT | 35.15 |
| Enterprise Value to Net Income | 75 |
| Total Debt to Enterprise | 0.28 |
| Debt to Equity | 10.72 |
Revenue Sources
No data
Insider Trades
ESG Score
No data
About American Tower Corp.
5,454 employees
CEO: Thomas Bartlett American Tower Corporation is an American real estate investment trust and an owner and operator of wireless and broadcast communications infrastructure in several countries worldwide and is headquartered in Boston, Massachusetts. As of...