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Non-Current Assets

Operating Lease ROU Assets

American Tower Operating Lease ROU Assets increased by 0.8% to $8.49B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.0%, from $8.17B to $8.49B. Over 5 years (FY 2020 to FY 2025), Operating Lease ROU Assets shows relatively stable performance with a 1.6% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ4 2018
Last reportedQ1 2026Apr 28, 2026

How to read this metric

An increase indicates expansion of the leased infrastructure footprint, while a decrease suggests lease expirations or asset impairments.

Detailed definition

This represents the capitalized value of the right to use leased assets, such as land under cell towers, over the lease...

Peer comparison

Common among tower REITs and infrastructure companies with significant land-lease dependencies.

Metric ID: non_current_assets_operating_lease_right_of_use_asset

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$9.19B$9.02B$9.23B$9.27B$9.16B$8.86B$8.92B$8.95B$8.98B$8.8B$8.21B$9.2B$9.01B$8.33B$8.09B$8.17B$8.38B$8.42B$8.43B$8.49B
QoQ Change-1.9%+2.3%+0.5%-1.2%-3.3%+0.7%+0.4%+0.3%-2.0%-6.8%+12.1%-2.0%-7.6%-2.9%+1.0%+2.7%+0.4%+0.1%+0.8%
YoY Change-0.4%-1.8%-3.3%-3.4%-1.9%-0.6%-8.0%+2.8%+0.3%-5.4%-1.4%-11.2%-7.0%+1.1%+4.2%+4.0%
Range$8.09B$9.27B
CAGR-1.7%
Avg YoY Growth-2.0%
Median YoY Growth-1.6%
Current Streak5 quarters growth

Frequently Asked Questions

What is American Tower's operating lease rou assets?
American Tower (AMT) reported operating lease rou assets of $8.49B in Q1 2026.
How has American Tower's operating lease rou assets changed year-over-year?
American Tower's operating lease rou assets increased by 4.0% year-over-year, from $8.17B to $8.49B.
What is the long-term trend for American Tower's operating lease rou assets?
Over 5 years (2020 to 2025), American Tower's operating lease rou assets has grown at a 1.6% compound annual growth rate (CAGR), from $7.79B to $8.43B.
What does operating lease rou assets mean?
The capitalized value of the right to use leased property over the remaining lease term.