American Tower Ratios and Metrics

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

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 25, 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
Market Capitalization	458,847	452,716	530,080	488,315	521,487	742,198
Market Cap Growth	-10.18%	-14.59%	8.55%	-6.36%	-29.74%	43.34%
Enterprise Value	716,392	727,421	834,267	737,716	788,866	982,577
Last Close Price	40.68	40.48	45.59	41.63	44.37	62.43
Price/FFO Ratio	4.56	4.56	4.08	-	-	-
Price/AFFO Ratio	3.76	3.76	4.33	-	-	-
PE Ratio	32.93	32.49	38.01	67.85	55.86	51.88
PS Ratio	7.83	7.72	8.46	10.05	10.23	14.24
PB Ratio	8.04	7.94	8.88	9.26	7.95	14.69
P/OCF Ratio	15.25	15.04	16.20	21.31	26.69	27.64
EV/Sales Ratio	13.12	12.41	13.32	15.19	15.47	18.85
EV/EBITDA Ratio	16.64	19.12	20.41	23.70	24.56	29.95
EV/EBIT Ratio	28.69	27.14	29.45	43.62	51.27	49.60
Debt / Equity Ratio	4.34	4.34	4.56	4.26	3.79	5.73
Debt / EBITDA Ratio	5.36	5.36	5.43	5.84	6.27	7.08
Net Debt / Equity Ratio	4.20	4.20	4.35	4.10	3.63	5.52
Net Debt / EBITDA Ratio	6.30	6.30	6.35	6.95	7.41	8.50
Asset Turnover	0.17	0.17	0.16	0.15	0.14	0.16
Quick Ratio	0.34	0.34	0.39	0.35	0.38	0.33
Current Ratio	0.40	0.40	0.45	0.51	0.44	0.41
Return on Equity (ROE)	26.28%	26.28%	31.77%	12.36%	18.37%	37.08%
Return on Assets (ROA)	4.90%	4.90%	4.50%	3.27%	2.65%	3.79%
Return on Invested Capital (ROIC)	7.56%	7.71%	7.43%	5.62%	4.57%	6.29%
Earnings Yield	3.04%	3.08%	2.63%	1.47%	1.79%	1.93%
Dividend Yield	2.64%	92.53%	87.90%	75.17%	69.83%	46.50%
Payout Ratio	3.51%	124.82%	136.36%	198.83%	148.96%	88.44%
Buyback Yield / Dilution	-0.14%	-0.14%	-0.21%	-0.95%	-2.09%	-1.61%
Total Shareholder Return	2.51%	92.39%	87.70%	74.22%	67.74%	44.89%

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.