American Tower Ratios and Metrics

Market cap in millions GBP. Fiscal year is January - December.

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2020 - 2016
Period Ending	Mar '26 Mar 6, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	2020 - 2016
Market Capitalization	64,940	61,069	68,459	79,007	81,869	98,377	Upgrade
Market Cap Growth	-8.72%	-10.79%	-13.35%	-3.50%	-16.78%	34.71%	Upgrade
Enterprise Value	102,409	98,125	107,744	119,359	123,845	130,239	Upgrade
Last Close Price	139.46	130.92	140.31	158.36	157.43	190.75	Upgrade
Price/FFO Ratio	14.75	14.75	12.55	-	-	-	Upgrade
Price/AFFO Ratio	12.17	12.17	13.31	-	-	-	Upgrade
PE Ratio	34.55	32.49	38.01	67.85	55.86	51.88	Upgrade
PS Ratio	8.21	7.72	8.46	10.05	10.23	14.24	Upgrade
PB Ratio	8.44	7.94	8.88	9.26	7.95	14.69	Upgrade
P/OCF Ratio	16.00	15.04	16.20	21.31	26.69	27.64	Upgrade
EV/Sales Ratio	12.89	12.41	13.32	15.19	15.47	18.85	Upgrade
EV/EBITDA Ratio	16.35	19.12	20.41	23.70	24.56	29.95	Upgrade
EV/EBIT Ratio	28.19	27.14	29.45	43.62	51.27	49.60	Upgrade
Debt / Equity Ratio	4.34	4.34	4.56	4.26	3.79	5.73	Upgrade
Debt / EBITDA Ratio	5.36	5.36	5.43	5.84	6.27	7.08	Upgrade
Net Debt / Equity Ratio	4.20	4.20	4.35	4.10	3.63	5.52	Upgrade
Net Debt / EBITDA Ratio	6.30	6.30	6.35	6.95	7.41	8.50	Upgrade
Asset Turnover	0.17	0.17	0.16	0.15	0.14	0.16	Upgrade
Quick Ratio	0.34	0.34	0.39	0.35	0.38	0.33	Upgrade
Current Ratio	0.40	0.40	0.45	0.51	0.44	0.41	Upgrade
Return on Equity (ROE)	26.28%	26.28%	31.77%	12.36%	18.37%	37.08%	Upgrade
Return on Assets (ROA)	4.90%	4.90%	4.50%	3.27%	2.65%	3.79%	Upgrade
Return on Invested Capital (ROIC)	7.56%	7.71%	7.43%	5.62%	4.57%	6.29%	Upgrade
Earnings Yield	2.89%	3.08%	2.63%	1.47%	1.79%	1.93%	Upgrade
Dividend Yield	2.75%	3.86%	3.69%	3.20%	3.09%	2.02%	Upgrade
Payout Ratio	124.82%	124.82%	136.36%	198.83%	148.96%	88.44%	Upgrade
Buyback Yield / Dilution	-0.14%	-0.14%	-0.21%	-0.95%	-2.09%	-1.61%	Upgrade
Total Shareholder Return	2.61%	3.72%	3.48%	2.25%	1.00%	0.40%	Upgrade

Source: S&P Capital IQ. Real Estate template. Financial Sources.