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American Tower AMT Interest coverage

Interest coverage at other companies

SBA Communications logo
SBA CommunicationsSBAC
2.8×-0.8×
Crown Castle logo
Crown CastleCCI
2.1×-0.2×
Equinix, Inc. logo
Equinix, Inc.EQIX
3.6×+0.6×
Digital Realty logo
Digital RealtyDLR
1.5×+0.5×
Realty Income logo
Realty IncomeO
2.1×+0.1×
Prologis logo
PrologisPLD
4.3×-0.5×

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 trailing twelve months.

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 interest coverage?
American Tower (AMT) reported interest coverage of 3.5× in Q1 2026.
How has American Tower's interest coverage changed year-over-year?
American Tower's interest coverage increased by 3.2% year-over-year, from 3.4× to 3.5×.
What is the long-term trend for American Tower's interest coverage?
Over 5 years (2020 to 2025), American Tower's interest coverage has grown at a -0.4% compound annual growth rate (CAGR), from 3.6× to 3.6×.
What does interest coverage mean?
How many times the company's operating profit covers its interest bill.
How do you interpret interest coverage?
Higher is safer; below ~2× is a warning that earnings provide little cushion against the debt burden. Debt-free companies have no interest expense and the ratio is left blank.
How does interest coverage compare across companies?
Comparable across leveraged non-financials; less relevant for net-cash companies with negligible interest.