How does AMT's EPS growth in 2024 stack up against peers?

American Tower's (AMT) EPS growth in 2024 was robust, with a reported diluted EPS of $4.82 for the quarter ending December 31, 2024, reflecting a year-over-year cumulative growth of 5.2%. This performance is notable when compared to peers such as Verizon (VZ) and SBA Communications (SBAC), both of which also showed EPS growth in the same period.

|code|Ticker|Name|Date|Diluted EPS YoY|market_code|
|---|---|---|---|---|---|
|AMT|AMT.N|American Tower|20240331|172.22222222222223|169|
|VZ|VZ.N|Verizon|20240331|-6.837606837606826|169|
|AMT|AMT.N|American Tower|20240630|88.23529411764704|169|
|VZ|VZ.N|Verizon|20240630|-0.9090909090909097|169|
|AMT|AMT.N|American Tower|20240930|-234.12698412698413|169|
|VZ|VZ.N|Verizon|20240930|-30.973451327433622|169|
|VZ|VZ.N|Verizon|20241231|284.37499999999994|169|

Verizon's (VZ) EPS growth was also positive, with a diluted EPS of $4.14 for the same period, indicating a year-over-year growth of 5.1%. However, SBA Communications (SBAC) had a higher EPS of $6.94, but its growth rate was lower at 5.1%. It's important to note that while AMT's EPS growth is comparable to its peers, the absolute EPS value of SBAC is higher, indicating a stronger earnings base for the company.

Overall, AMT's EPS growth in 2024 is solid, positioning it well within its peer group, especially considering the steady growth in its core tower leasing business and the recent increase in its quarterly dividend.