American Tower (AMT) reported strong Q4 2025 revenue and FFO, but debt coverage remains a concern despite bullish earnings growth forecasts. The stock is trading below its DCF fair value, offering a dividend yield, but declining net margins and high debt raise questions about the durability of its projected growth and its risk profile for income-focused investors.
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American Tower (AMT) Debt Coverage Concerns Challenge Bullish FFO Growth Narrative
American Tower (AMT) reported strong Q4 2025 revenue and FFO, but debt coverage remains a concern despite bullish earnings growth forecasts. The stock is trading below its DCF fair value, offering a dividend yield, but declining net margins and high debt raise questions about the durability of its projected growth and its risk profile for income-focused investors.