American Tower (AMT) balance sheet
NYSE · Real Estate · REIT - Specialty · 4,866 employees · CEO Steven O. Vondran
- Price
- $187.78 +1.02%
- Market cap
- $87.1B
- Enterprise value
- $131B
- Last report
- Q3 '26 filed 2026-10-27
- Next report
- 2027-02-23 EPS est. $1.62
At the end of Q3 '26 American Tower (AMT) held $1.87B in cash and short-term investments against $45.3B of debt incl. leases. Total assets $63B, total liabilities $53.2B, shareholders' equity $3.52B.
Balance sheet
| Balance sheet | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||||
| Cash & equivalents | $1.75B | $2.39B | $2.49B | $2.15B | $2B | $2.1B | $2.08B | $1.95B | $1.47B | $1.61B | $1.76B | $1.87B | |
| Receivables | $813M | $1.18B | $1.12B | $813M | $785M | $968M | $1.06B | $1B | $890M | $958M | $890M | $622M | |
| Other current assets | $990M | $444M | $243M | $232M | $235M | $255M | $257M | $370M | $230M | $223M | $234M | $656M | |
| Current assets | $3.71B | $4.24B | $4.11B | $3.4B | $3.18B | $3.51B | $3.6B | $3.54B | $2.74B | $2.96B | $3.12B | $3.15B | |
| Property, plant & equipment (net) | $19.8B | $29.3B | $28.9B | $27.6B | $27.1B | $27.4B | $28.2B | $28.6B | $28.8B | $28.9B | $29B | $20.7B | |
| Long-term investments | $7.93B | $13.5M | $59.5M | $127M | $104M | $112M | $0 | $0 | $0 | $0 | $0 | $0 | |
| Goodwill | $12.6B | $12.6B | $12.5B | $12B | $11.8B | $11.9B | $12.2B | $12.3B | $12.3B | $12.2B | $12.2B | $12.1B | |
| Intangible assets | $16.5B | $16.1B | $15.8B | $15.2B | $14.5B | $14.6B | $15B | $14.7B | $14.5B | $14.2B | $14B | $13.7B | |
| Deferred tax assets | $179M | $161M | $139M | $143M | $123M | $133M | $157M | $166M | $151M | $154M | $175M | $167M | |
| Other non-current assets | $5.26B | $4.29B | $4.34B | $4.43B | $4.28B | $4.42B | $4.6B | $4.63B | $4.73B | $4.77B | $4.8B | $13.1B | |
| Non-current assets | $62.3B | $62.4B | $61.7B | $59.4B | $57.9B | $58.5B | $60.2B | $60.4B | $60.4B | $60.3B | $60.2B | $59.8B | |
| Total assets | $66B | $66.7B | $65.8B | $62.8B | $61.1B | $62.1B | $63.8B | $63.9B | $63.2B | $63.2B | $63.3B | $63B | |
| Liabilities | |||||||||||||
| Accounts payable | $251M | $182M | $206M | $221M | $241M | $200M | $230M | $239M | $260M | $221M | $203M | $210M | |
| Accrued expenses | $1.1B | $1.02B | $1.06B | $919M | $1.05B | $1.03B | $1.07B | $1.07B | $1.16B | $1.04B | $1.07B | $1.21B | |
| Short-term debt | $3.07B | $3.07B | $3.33B | $3.73B | $3.69B | $2.82B | $2.29B | $2.39B | $3.39B | $6.12B | $5.23B | $5.36B | |
| Taxes payable | $317M | $321M | $330M | $239M | $220M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Deferred revenue | $434M | $544M | $392M | $496M | $329M | $451M | $420M | $438M | $325M | $460M | $497M | $403M | |
| Other current liabilities | $463M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.1B | |
| Current liabilities | $7.25B | $6.73B | $6.89B | $7.07B | $7.08B | $6.32B | $5.86B | $5.99B | $6.91B | $9.72B | $8.87B | $8.93B | |
| Long-term debt | $35.7B | $36.2B | $35.6B | $33.4B | $32.8B | $34B | $35.2B | $34.9B | $33.8B | $31.2B | $32B | $32.2B | |
| Lease obligations (non-current) | $6.82B | $7.87B | $7.72B | $7.08B | $6.88B | $6.93B | $7.12B | $7.16B | $7.16B | $7.17B | $7.15B | $7.07B | |
| Deferred revenue (non-current) | $475M | $0 | $0 | $0 | $521M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Deferred tax liabilities | $1.31B | $1.39B | $1.4B | $1.4B | $1.26B | $1.36B | $1.55B | $1.51B | $1.44B | $1.5B | $1.57B | $1.52B | |
| Other non-current liabilities | $3.58B | $3.83B | $3.77B | $3.7B | $2.89B | $3.47B | $3.56B | $3.61B | $3.49B | $3.5B | $3.49B | $3.48B | |
| Non-current liabilities | $47.9B | $49.3B | $48.5B | $45.6B | $44.4B | $45.8B | $47.4B | $47.1B | $45.9B | $43.4B | $44.2B | $44.3B | |
| Total liabilities | $55.2B | $56B | $55.4B | $52.6B | $51.4B | $52.1B | $53.3B | $53.1B | $52.8B | $53.1B | $53B | $53.2B | |
| Equity | |||||||||||||
| Common stock & paid-in capital | $4.8M | $4.8M | $4.8M | $4.8M | $4.8M | $4.8M | $4.8M | $4.8M | $4.8M | $4.8M | $4.8M | $4.8M | |
| Retained earnings | -$3.64B | -$3.48B | -$3.34B | -$4.89B | -$4.42B | -$4.73B | -$5.16B | -$5.11B | -$5.09B | -$5.06B | -$5.03B | -$5.1B | |
| Accumulated other comprehensive income | -$5.74B | -$6.08B | -$6.46B | -$5.18B | -$5.95B | -$5.51B | -$4.96B | -$4.82B | -$4.82B | -$4.82B | -$4.66B | -$4.76B | |
| Shareholders' equity | $4.2B | $4.05B | $3.86B | $3.64B | $3.38B | $3.53B | $3.71B | $3.95B | $3.65B | $3.52B | $3.72B | $3.52B | |
| Debt | |||||||||||||
| Total debt (incl. leases) | $46.3B | $47.8B | $47.4B | $44.8B | $44B | $44.4B | $45.2B | $45B | $45B | $45.1B | $45B | $45.3B | |
| Net debt (debt - cash) | $44.6B | $45.5B | $44.9B | $42.6B | $42B | $42.3B | $43.1B | $43.1B | $43.5B | $43.5B | $43.2B | $43.4B | |
| Balance sheet | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||
| Cash & equivalents | $787M | $802M | $1.21B | $1.5B | $1.75B | $1.95B | $2.03B | $1.75B | $2B | $1.47B | |
| Short-term investments | $4.03M | $1M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Receivables | $366M | $622M | $671M | $676M | $755M | $1.08B | $1.13B | $813M | $785M | $890M | |
| Other current assets | $203M | $225M | $174M | $134M | $195M | $474M | $228M | $990M | $235M | $230M | |
| Current assets | $1.69B | $2.04B | $2.39B | $2.55B | $2.91B | $3.73B | $3.62B | $3.71B | $3.18B | $2.74B | |
| Property, plant & equipment (net) | $10.5B | $11.1B | $11.2B | $19.4B | $20.6B | $29B | $28.9B | $19.8B | $27.1B | $28.8B | |
| Long-term investments | $1.29B | $1.5B | $1.58B | $1.77B | $2.08B | $2.54B | $29.2M | $7.93B | $104M | $0 | |
| Goodwill | $5.07B | $5.64B | $5.5B | $6.18B | $7.28B | $13.4B | $13B | $12.6B | $11.8B | $12.3B | |
| Intangible assets | $11.3B | $11.8B | $11.2B | $12.3B | $13.8B | $20.7B | $18B | $16.5B | $14.5B | $14.5B | |
| Deferred tax assets | $196M | $204M | $158M | $132M | $123M | $132M | $129M | $179M | $123M | $151M | |
| Other non-current assets | $842M | $950M | $963M | $406M | $400M | $401M | $3.56B | $5.26B | $4.28B | $4.73B | |
| Non-current assets | $29.2B | $31.2B | $30.6B | $40.2B | $44.3B | $66.2B | $63.6B | $62.3B | $57.9B | $60.4B | |
| Total assets | $30.9B | $33.2B | $33B | $42.8B | $47.2B | $69.9B | $67.2B | $66B | $61.1B | $63.2B | |
| Liabilities | |||||||||||
| Accounts payable | $119M | $143M | $131M | $148M | $139M | $272M | $219M | $251M | $241M | $260M | |
| Accrued expenses | $595M | $765M | $802M | $836M | $887M | $1.15B | $1.15B | $1.1B | $1.05B | $1.16B | |
| Short-term debt | $239M | $775M | $2.75B | $2.93B | $790M | $4.57B | $4.51B | $3.07B | $3.69B | $3.39B | |
| Taxes payable | $150M | $195M | $230M | $253M | $240M | $340M | $300M | $317M | $220M | $0 | |
| Deferred revenue | $245M | $269M | $304M | $294M | $391M | $1.2B | $440M | $434M | $329M | $325M | |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $463M | $0 | $0 | |
| Current liabilities | $1.63B | $2.51B | $4.69B | $5.49B | $3.66B | $9.07B | $8.31B | $7.25B | $7.08B | $6.91B | |
| Long-term debt | $18.3B | $19.4B | $18.4B | $21.1B | $28.5B | $38.7B | $34.2B | $35.7B | $32.8B | $33.8B | |
| Lease obligations (non-current) | $0 | $0 | $0 | $6.51B | $6.88B | $8.04B | $7.59B | $6.82B | $6.88B | $7.16B | |
| Deferred revenue (non-current) | $457M | $509M | $505M | $526M | $576M | $540M | $490M | $475M | $521M | $0 | |
| Deferred tax liabilities | $778M | $898M | $536M | $768M | $860M | $1.83B | $1.49B | $1.31B | $1.26B | $1.44B | |
| Other non-current liabilities | $1.65B | $1.91B | $1.97B | $1.8B | $1.98B | $2.65B | $2.74B | $3.58B | $2.89B | $3.49B | |
| Non-current liabilities | $21.2B | $22.7B | $21.4B | $30.7B | $38.8B | $51.8B | $46.5B | $47.9B | $44.4B | $45.9B | |
| Total liabilities | $22.8B | $25.3B | $26.1B | $36.2B | $42.5B | $60.8B | $54.8B | $55.2B | $51.4B | $52.8B | |
| Equity | |||||||||||
| Common stock & paid-in capital | $4.3M | $4.4M | $4.5M | $4.5M | $4.6M | $4.7M | $4.8M | $4.8M | $4.8M | $4.8M | |
| Retained earnings | -$1.08B | -$1.06B | -$1.2B | -$1.02B | -$1.34B | -$1.14B | -$2.1B | -$3.64B | -$4.42B | -$5.09B | |
| Accumulated other comprehensive income | -$2B | -$1.98B | -$2.64B | -$2.82B | -$3.76B | -$4.74B | -$5.72B | -$5.74B | -$5.95B | -$4.82B | |
| Shareholders' equity | $6.76B | $6.24B | $5.34B | $5.06B | $4.09B | $5.08B | $5.57B | $4.2B | $3.38B | $3.65B | |
| Debt | |||||||||||
| Total debt (incl. leases) | $18.5B | $20.2B | $21.2B | $31.1B | $36.7B | $52B | $47.1B | $46.3B | $44B | $45B | |
| Net debt (debt - cash) | $17.7B | $19.4B | $20B | $29.6B | $35B | $50.1B | $45B | $44.6B | $42B | $43.5B | |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Cash, investments and debt
quarter endsThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-09-30, 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30
Data as of 2026-11-01