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Cash ratio at other companies

SBA Communications logo
SBA CommunicationsSBAC
0.1×-0.4×
Crown Castle logo
Crown CastleCCI
0.1×0.0×
Equinix, Inc. logo
Equinix, Inc.EQIX
0.3×-0.6×
AT&T logo
AT&TT
0.2×+0.1×
MTZ
MasTecMTZ
0.1×0.0×
Texas Pacific Land logo
Texas Pacific LandTPL
2.4×-3.5×

Other financials

Income statement

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Revenue$2.7B+6.8%
Operating income$1.2B-1.2%
Net income$878.5M+76.2%
EPS (diluted)$1.84+76.9%

Balance sheet

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Cash & equivalents$1.6B-23.5%
Total debt$13.9B+34.7%
Total equity$3.5B-0.3%
Total assets$63.2B+1.9%

Cash flow

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Operating cash flow$1.4B+8.2%
CapEx$449.5M+35.8%
Free cash flow$951.1M-1.3%

Valuation

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Market cap$82.02B-20.9%
Enterprise value$94.36B-15.6%
P/E27.3×-28.6×
P/S7.6×-2.6×

Profitability

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Gross margin99.5%
Operating margin44.7%-0.8pp
Net margin27.8%+9.6pp

Returns & leverage

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Return on equity85.3%+36.3pp
Debt / equity+1.0×
Current ratio0.3×-0.3×

Where this comes from

Calculated from American Tower’s reported figures.

Based on the most recent quarter.

The official record: American Tower’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is American Tower's cash ratio?
American Tower (AMT) reported cash ratio of 0.2× in Q1 2026.
How has American Tower's cash ratio changed year-over-year?
American Tower's cash ratio decreased by 50.3% year-over-year, from 0.3× to 0.2×.
What is the long-term trend for American Tower's cash ratio?
Over 5 years (2020 to 2025), American Tower's cash ratio has grown at a -14.9% compound annual growth rate (CAGR), from 0.5× to 0.2×.
What does cash ratio mean?
How much of its short-term bills the company could pay with cash on hand right now.
How do you interpret cash ratio?
A buffer against stress, but persistently high cash ratios can indicate under-deployed capital. Interpret alongside the company's capital-allocation strategy.
How does cash ratio compare across companies?
Varies widely by business model and treasury policy; best read against the company's own history.