American Tower is forecast to grow earnings and revenue by 7.5% and 4% per annum respectively. EPS is expected to grow by 7.8% per annum. Return on equity is forecast to be 146.2% in 3 years.
Key information
7.5%
Earnings growth rate
7.76%
EPS growth rate
Specialized REITs earnings growth
0%
Revenue growth rate
4.0%
Future return on equity
146.17%
Analyst coverage
Good
Last updated
11 Jul 2026
Recent future growth updates
Recent updates
Earnings and Revenue Growth Forecasts
BIT:1AMT - Analysts future estimates and past financials data (USD Millions)
Date
Revenue
Earnings
Free Cash Flow
Cash from Op
Avg. No. Analysts
12/31/2028
11,921
3,487
3,832
5,601
13
12/31/2027
11,279
3,199
3,604
5,468
19
12/31/2026
10,919
3,104
4,084
5,596
21
3/31/2026
10,819
2,900
5,570
5,570
N/A
12/31/2025
10,645
2,530
5,464
5,464
N/A
9/30/2025
10,455
2,938
5,236
5,236
N/A
6/30/2025
10,260
2,501
5,245
5,245
N/A
3/31/2025
10,177
2,896
5,302
5,302
N/A
12/31/2024
10,127
3,233
5,291
5,291
N/A
9/30/2024
10,036
2,014
5,233
5,233
N/A
6/30/2024
10,035
2,382
5,065
5,065
N/A
3/31/2024
9,758
2,045
4,936
4,936
N/A
12/31/2023
10,012
1,555
4,722
4,722
N/A
9/30/2023
10,261
861
4,766
4,766
N/A
6/30/2023
10,412
916
4,397
4,397
N/A
3/31/2023
10,818
1,390
4,103
4,103
N/A
12/31/2022
9,645
2,042
3,696
3,696
N/A
9/30/2022
10,451
2,903
3,190
3,190
N/A
6/30/2022
10,234
2,786
4,354
4,354
N/A
3/31/2022
9,859
2,634
4,391
4,391
N/A
12/31/2021
9,357
2,568
4,820
4,820
N/A
9/30/2021
9,034
2,479
5,273
5,273
N/A
6/30/2021
8,593
2,221
4,137
4,137
N/A
3/31/2021
8,207
1,921
4,174
4,174
N/A
12/31/2020
8,042
1,691
3,881
3,881
N/A
9/30/2020
7,843
1,888
3,743
3,743
N/A
6/30/2020
7,783
1,922
3,720
3,720
N/A
3/31/2020
7,760
1,905
3,768
3,768
N/A
12/31/2019
7,580
1,888
N/A
3,753
N/A
9/30/2019
7,789
1,603
N/A
4,022
N/A
6/30/2019
7,620
1,471
N/A
3,838
N/A
3/31/2019
7,512
1,349
N/A
3,742
N/A
12/31/2018
7,440
1,227
N/A
3,748
N/A
9/30/2018
7,013
1,169
N/A
3,274
N/A
6/30/2018
6,908
1,101
N/A
3,185
N/A
3/31/2018
6,790
1,138
N/A
3,039
N/A
12/31/2017
6,664
1,152
N/A
2,926
N/A
9/30/2017
6,499
1,134
N/A
2,860
N/A
6/30/2017
6,333
1,074
N/A
2,863
N/A
3/31/2017
6,113
890
N/A
2,816
N/A
12/31/2016
5,786
849
N/A
2,702
N/A
9/30/2016
5,526
853
N/A
2,618
N/A
6/30/2016
5,249
691
N/A
2,458
N/A
3/31/2016
4,981
660
N/A
2,237
N/A
12/31/2015
4,772
595
N/A
2,167
N/A
9/30/2015
4,538
558
N/A
2,109
N/A
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 1AMT's forecast earnings growth (7.5% per year) is above the savings rate (3.3%).
Earnings vs Market: 1AMT's earnings (7.5% per year) are forecast to grow slower than the Italian market (10.9% per year).
High Growth Earnings: 1AMT's earnings are forecast to grow, but not significantly.
Revenue vs Market: 1AMT's revenue (4% per year) is forecast to grow slower than the Italian market (5.9% per year).
High Growth Revenue: 1AMT's revenue (4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 1AMT's Return on Equity is forecast to be very high in 3 years time (146.2%).
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Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/07/13 07:31
End of Day Share Price
2026/07/13 00:00
Earnings
2026/03/31
Annual Earnings
2025/12/31
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
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Industry and Sector Metrics
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Analyst Sources
American Tower Corporation is covered by 48 analysts. 21 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.