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American Tower AMT DEFERRED RENT ASSET

DEFERRED RENT ASSET at other companies

SBA Communications logo
SBA CommunicationsSBAC
$436.78M+3.5%
Crown Castle logo
Crown CastleCCI
$2.26B-0.8%

Other financials

Income statement

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Revenue$2.7B+4.7%
Operating income$1.3B+5.9%
Net income$887.5M+133%
EPS (diluted)$1.86+138%

Balance sheet

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Cash & equivalents$1.8B-15.1%
Total debt$45.0B+348%
Total equity$3.7B+0.2%
Total assets$63.3B-0.7%

Cash flow

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Operating cash flow$1.5B+16.0%
CapEx$320.9M+5.4%
Free cash flow$1.2B+19.3%

Valuation

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Market cap$78.8B-18.3%
Enterprise value$122.03B+16.8%
P/E22.4×-50.2×
P/S7.2×-2.2×

Profitability

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Gross margin99.5%
Operating margin44.8%-0.7pp
Net margin32.1%+19.2pp
FCF margin36.2%-0.3pp

Returns & leverage

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Return on equity94.6%+59.5pp
Debt / equity12.1×+9.4×
Current ratio0.4×-0.3×

Where this comes from

Reported directly by American Tower in its filing.

Tagged under the XBRL concept us-gaap:DeferredRentReceivablesNetNoncurrent.

The source filing: American Tower’s 10-Q, filed July 28, 2026.

Filed
Jul 28, 2026, 4:07 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001053507-26-000133
Line itemJune 30, 2026December 31, 2025
GOODWILL12,181.512,255.5
OTHER INTANGIBLE ASSETS, net13,980.614,530.7
DEFERRED TAX ASSET175.1151.4
DEFERRED RENT ASSET3,772.93,851.3
RIGHT-OF-USE ASSET8,466.28,426.5
NOTES RECEIVABLE AND OTHER NON-CURRENT ASSETS1,028.4876.9
TOTAL$63,300.1$63,190.4
LIABILITIES

ITEM 1. UNAUDITED CONSOLIDATED AND CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FAQ

What is American Tower's DEFERRED RENT ASSET?
American Tower (AMT) reported DEFERRED RENT ASSET of $3.77B in Q2 2026.
How has American Tower's DEFERRED RENT ASSET changed year-over-year?
American Tower's DEFERRED RENT ASSET decreased by 0.2% year-over-year, from $3.78B to $3.77B.
What is the long-term trend for American Tower's DEFERRED RENT ASSET?
Over 5 years (2020 to 2025), American Tower's DEFERRED RENT ASSET has grown at a 13.1% compound annual growth rate (CAGR), from $2.08B to $3.85B.
What does DEFERRED RENT ASSET mean?
This represents the cumulative difference between revenue recognized on a straight-line basis and the actual cash rent received under lease agreements. It is common in long-term tower leases where contract terms include scheduled rent escalations. It reflects future cash flows that have been recognized as revenue but not yet collected.

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