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American Tower AMT Debt-to-assets

Debt-to-assets at other companies

SBA Communications logo
SBA CommunicationsSBAC
1.1×-0.1×
Crown Castle logo
Crown CastleCCI
1.1×+0.1×
Equinix, Inc. logo
Equinix, Inc.EQIX
0.6×0.0×
Digital Realty logo
Digital RealtyDLR
0.0×
Realty Income logo
Realty IncomeO
0.0×
Prologis logo
PrologisPLD
0.4×0.0×

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 debt-to-assets?
American Tower (AMT) reported debt-to-assets of 0.2× in Q1 2026.
How has American Tower's debt-to-assets changed year-over-year?
American Tower's debt-to-assets increased by 32.1% year-over-year, from 0.2× to 0.2×.
What is the long-term trend for American Tower's debt-to-assets?
Over 5 years (2020 to 2025), American Tower's debt-to-assets has grown at a 0.2% compound annual growth rate (CAGR), from 0.2× to 0.2×.
What does debt-to-assets mean?
What fraction of everything the company owns is funded by debt.
How do you interpret debt-to-assets?
A lower ratio indicates a more conservatively financed balance sheet. Rising debt-to-assets over time signals increasing financial risk.
How does debt-to-assets compare across companies?
Comparable within an industry; bounded between 0 and 1 for most non-financials, which makes cross-company reads cleaner than debt-to-equity.