American Tower (AMT) Debt to Equity (2009 - 2026)
American Tower recorded quarterly Debt to Equity of $10.59 in Q1 2026, up 194.77% quarter-over-quarter from $3.59 in Q4 2025, and up 185.59% year-over-year from $3.71 in Q1 2025.
American Tower's Debt to Equity history runs 18 years deep, the most recent figure standing at $10.59 for Q1 2026.
- In Q1 2026, Debt to Equity rose 185.59% year-over-year to $10.59; the TTM figure through Mar 2026 stood at $10.59 (up 185.59% YoY), while the FY2025 annual figure 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.
- A 5-year average of $4.34 and a median of $3.64 in 2024 frame the typical range for Debt to Equity.
- Across the five-year window, Debt to Equity plunged 34.65% in 2022 and soared 185.59% in 2026, its largest moves.
- American Tower's Debt to Equity stood at $3.12 in 2022, then advanced by 14.59% to $3.57 in 2023, then rose by 5.94% to $3.78 in 2024, then slipped by 4.99% to $3.59 in 2025, then surged by 194.77% to $10.59 in 2026.
- According to Business Quant data, Debt to Equity over the past three periods registered $10.59, $3.59, and $9.42 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 106.10 Bn | 103.07 Bn | 2.20 Bn | 0.13 |
| 2 | American Tower | 85.70 Bn | 92.20 Bn | 2.70 Bn | 10.59 |
| 3 | Digital Realty Trust | 67.00 Bn | 66.16 Bn | - | 0.03 |
| 4 | Crown Castle | 40.17 Bn | 40.12 Bn | 984.00 Mn | -12.86 |
| 5 | Iron Mountain | 37.80 Bn | 37.83 Bn | 1.05 Bn | -18.23 |
| 6 | Sba Communications | 21.99 Bn | 22.08 Bn | 532.10 Mn | -2.73 |
| 7 | Weyerhaeuser | 16.98 Bn | 16.68 Bn | 318.00 Mn | 0.57 |
| 8 | Lamar Advertising | 15.51 Bn | 15.46 Bn | 403.56 Mn | 3.34 |
| 9 | Gaming & Leisure Properties | 13.46 Bn | 13.86 Bn | - | - |
| 10 | OUTFRONT Media | 5.85 Bn | 5.81 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 |
| Mar 31, 2021 | 6.76 |
| Dec 31, 2020 | 6.41 |
| Sep 30, 2020 | 5.92 |
| Jun 30, 2020 | 6.21 |
| Mar 31, 2020 | 6.05 |
| Dec 31, 2019 | 4.38 |
| Sep 30, 2019 | 3.71 |
| Jun 30, 2019 | 3.48 |
| Mar 31, 2019 | 3.59 |
| Dec 31, 2018 | 3.59 |
| Sep 30, 2018 | 3.59 |
| Jun 30, 2018 | 3.45 |
| Mar 31, 2018 | 3.08 |
| Dec 31, 2017 | 2.96 |
| Sep 30, 2017 | 2.71 |
| Jun 30, 2017 | 2.73 |
| Mar 31, 2017 | 2.56 |
| Dec 31, 2016 | 2.66 |
| Sep 30, 2016 | 2.76 |
| Jun 30, 2016 | 2.74 |
| Mar 31, 2016 | 2.43 |
| Dec 31, 2015 | 2.55 |
| Sep 30, 2015 | 2.55 |
| Jun 30, 2015 | 2.20 |
| Mar 31, 2015 | 2.12 |
| Dec 31, 2014 | 3.59 |
| Sep 30, 2014 | 3.33 |
| Jun 30, 2014 | 3.17 |
| Mar 31, 2014 | 3.87 |
| Dec 31, 2013 | 4.03 |
| Sep 30, 2013 | 3.50 |
| Jun 30, 2013 | 2.45 |
| Mar 31, 2013 | 2.34 |
| Dec 31, 2012 | 2.38 |
| Sep 30, 2012 | 2.03 |
| Jun 30, 2012 | 2.14 |
| Mar 31, 2012 | 2.03 |
| Dec 31, 2011 | 2.12 |
| Sep 30, 2011 | 1.74 |
| Jun 30, 2011 | 1.58 |
| Mar 31, 2011 | 1.59 |
| Dec 31, 2010 | 1.59 |
| Mar 31, 2010 | 1.22 |
| Dec 31, 2009 | 1.27 |
| Sep 30, 2009 | 1.30 |
| Jun 30, 2009 | 1.44 |