Based on the latest data from Nov 11, 2026, AMT's PEG ratio sits at 2.03. This metric combines a PE of 26.76 with an earnings growth rate of 13.2%. Relative to the 1.27 average from the past 4 quarters, the PEG ratio has surged by 60%.
Looking at the past ten years, AMT's PEG ratio has settled around 5.7 on average. At 2.03, today's PEG ratio sits 64% lower than its historical average. Within the past ten years, the Mar 2021 quarter saw the highest PEG reading at 110.42. At 0.14, the Jun 2026 quarter represented the lowest PEG ratio in this timeframe.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 2.7 | 32.45 | 12% |
| 2024 | 0.73 | 37.97 | 51.9% |
| 2023 | N/A | 67.89 | -17% |
| 2022 | N/A | 55.32 | -32.7% |
| 2021 | 1.04 | 51.41 | 49.3% |
| 2020 | N/A | 58.91 | -10.8% |
| 2019 | 1.02 | 53.82 | 53% |
| 2018 | 15.32 | 56.7 | 3.7% |
| 2017 | 1.54 | 53.04 | 34.5% |
| 2016 | 1.3 | 52.84 | 40.8% |
| 2015 | N/A | 68.27 | -29.7% |
| 2014 | 1.1 | 48.94 | 44.3% |
| 2013 | N/A | 57.01 | -13% |
| 2012 | 0.79 | 47.99 | 61% |
| 2011 | 8 | 60.01 | 7.5% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Sep 2026 | 1.74 | 23.02 | 13.2% |
| Jun 2026 | 0.14 | 22.47 | 163.8% |
| Mar 2026 | 0.48 | 27.84 | 58.6% |
| Dec 2025 | 2.7 | 32.45 | 12% |
| Sep 2025 | 0.19 | 30.62 | 163.9% |
| Jun 2025 | N/A | 80.08 | -48.3% |
| Mar 2025 | N/A | 55.65 | -11.7% |
| Dec 2024 | 0.73 | 37.97 | 51.9% |
| Sep 2024 | 1.7 | 97.71 | 57.6% |
| Jun 2024 | 0.23 | 36.4 | 160.5% |
| Mar 2024 | 0.93 | 44.6 | 48.2% |
| Dec 2023 | N/A | 67.89 | -17% |
| Sep 2023 | N/A | 108.91 | -76.1% |
| Jun 2023 | N/A | 94.6 | -66.4% |
| Mar 2023 | N/A | 68.34 | -48.4% |
When comparing to historical data, AMT's PEG ratio is above the 3 and 5-year averages, yet it comes in under the 10-year average.
With a PEG of 2.03, AMT ranks higher than the Real Estate sector and the industry average. In comparison with the Real Estate sector average of 0.76, American Tower's PEG is 167% higher.
Among its peer stocks CCI and SBAC, AMT's PEG ratio runs higher.
AMT's Nov 11, 2026 PEG ratio comes in at 2.03.
Across the past 3 years, AMT's PEG ratio has centered around 0.98.
Across the past 5 years, AMT's PEG ratio has centered around 1.18.
In the last ten years, AMT's peak PEG ratio of 110.42 occurred in the Mar 2021 quarter.
AMT currently has a PEG ratio 64% below its 10-year average.
When a company's earnings growth lags its valuation, the PEG ratio tends to be elevated - as seen with AMT's 2.03 reading.
The PEG ratio derives from taking PE and dividing by the rate at which earnings are growing (YoY TTM). As of Nov 11, 2026, American Tower carries a PE ratio of 26.76. Earnings grew at 13.2% over the TTM period ending Sep 2026. Applying the formula, this yields a PEG ratio of 2.03. PEG RATIO(2.03) = PE RATIO(26.76) / EPS GROWTH(13.2%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.