American Tower (AMT) Debt to Equity (2009 - 2026)
American Tower's (AMT) quarterly Debt to Equity came in at $10.59 in Q1 2026, up 185.59% year-on-year from $3.71 in Q1 2025, and up 194.77% quarter-over-quarter from $3.59 in Q4 2025.
American Tower (AMT) Debt to Equity (2009 - 2026) Analysis & Trends
American Tower has disclosed Debt to Equity across 18 years of filings, most recently posting $10.59 for Q1 2026.
- Debt to Equity for Q1 2026 came in at $10.59, up 185.59% year-over-year; the trailing twelve-month figure through Mar 2026 was $10.59 (up 185.59% YoY), and the FY2025 annual result was $3.59, down 4.99% from the prior year.
- Debt to Equity came in at $10.59 for Q1 2026 at American Tower, up from $3.59 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $10.59 in Q1 2026 to a low of $3.11 in Q3 2022.
- The 5-year median for Debt to Equity is $3.64 (2024), against an average of $4.34.
- Across the five-year window, Debt to Equity sank 34.65% in 2022 and surged 185.59% in 2026, its largest moves.
- American Tower's Debt to Equity stood at $3.12 in 2022, then gained by 14.59% to $3.57 in 2023, then increased by 5.94% to $3.78 in 2024, then decreased by 4.99% to $3.59 in 2025, then jumped by 194.77% to $10.59 in 2026.
- The last three Debt to Equity figures came in at $10.59 (Q1 2026), $3.59 (Q4 2025), and $9.42 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 104.53 Bn | 101.50 Bn | 2.20 Bn | 0.13 |
| 2 | American Tower | 86.20 Bn | 92.70 Bn | 2.70 Bn | 10.59 |
| 3 | Digital Realty Trust | 63.76 Bn | 62.92 Bn | - | 0.03 |
| 4 | Crown Castle | 38.57 Bn | 38.52 Bn | 984.00 Mn | -12.86 |
| 5 | Iron Mountain | 37.41 Bn | 37.43 Bn | 1.05 Bn | -18.23 |
| 6 | Sba Communications | 20.70 Bn | 20.79 Bn | 532.10 Mn | -2.73 |
| 7 | Weyerhaeuser | 17.74 Bn | 17.44 Bn | 318.00 Mn | 0.57 |
| 8 | Lamar Advertising | 15.68 Bn | 15.63 Bn | 403.56 Mn | 3.34 |
| 9 | Gaming & Leisure Properties | 13.22 Bn | 13.62 Bn | - | - |
| 10 | OUTFRONT Media | 5.51 Bn | 5.47 Bn | 202.10 Mn | 3.90 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 10.59 |
| Dec 31, 2025 | 3.59 |
| Sep 30, 2025 | 9.42 |
| Jun 30, 2025 | 3.58 |
| Mar 31, 2025 | 3.71 |
| Dec 31, 2024 | 3.78 |
| Sep 30, 2024 | 3.64 |
| Jun 30, 2024 | 3.74 |
| Mar 31, 2024 | 3.68 |
| Dec 31, 2023 | 3.57 |
| Sep 30, 2023 | 3.44 |
| Jun 30, 2023 | 3.23 |
| Mar 31, 2023 | 3.15 |
| Dec 31, 2022 | 3.12 |
| Sep 30, 2022 | 3.11 |
| Jun 30, 2022 | 3.81 |
| Mar 31, 2022 | 4.70 |
| Dec 31, 2021 | 4.77 |
| Sep 30, 2021 | 3.54 |
| Jun 30, 2021 | 5.21 |