Non-Current Assets

DEFERRED RENT ASSET

American Tower DEFERRED RENT ASSET increased by 0.3% to $3.86B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 3.7%, from $3.73B to $3.86B. Over 5 years (FY 2020 to FY 2025), DEFERRED RENT ASSET shows an upward trend with a 13.1% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026

How to read this metric

A steady increase is typical for companies with long-term, escalating lease contracts, indicating future cash flow growth.

Detailed definition

This represents the cumulative difference between revenue recognized on a straight-line basis and the actual cash rent r...

Peer comparison

Specific to REITs and infrastructure companies with long-term, fixed-escalator lease structures.

Metric ID: non_current_assets_deferred_rent_receivables_net_noncurrent

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$2.31B$2.40B$2.54B$2.65B$2.76B$2.88B$3.04B$3.16B$3.28B$3.38B$3.52B$3.60B$3.65B$3.66B$3.71B$3.73B$3.78B$3.81B$3.85B$3.86B
QoQ Change+4.1%+5.7%+4.5%+4.0%+4.2%+5.6%+4.0%+3.9%+3.0%+4.1%+2.1%+1.5%+0.4%+1.3%+0.5%+1.4%+0.9%+1.0%+0.3%
YoY Change+19.5%+19.8%+19.7%+19.1%+19.0%+17.6%+15.9%+13.8%+11.1%+8.2%+5.3%+3.7%+3.6%+4.1%+3.8%+3.7%
Range$2.31B$3.86B
CAGR+11.4%
Avg YoY Growth+11.7%
Median YoY Growth+12.5%
Current Streak19+ quarters growth

Frequently Asked Questions

What is American Tower's deferred rent asset?
American Tower (AMT) reported deferred rent asset of $3.86B in Q1 2026.
How has American Tower's deferred rent asset changed year-over-year?
American Tower's deferred rent asset increased by 3.7% year-over-year, from $3.73B to $3.86B.
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?
Revenue recognized from long-term lease escalations that will be collected in cash in future periods.