American Tower (AMT) Interest Expense (2009 - 2026)
American Tower (AMT) reported Interest Expense of $366.1 million for Q3 2026, up 5.5% from $347.1 million a year earlier and up 3.3% from the prior quarter.
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Analysis
American Tower (AMT) Interest Expense (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, American Tower's Interest Expense came in at $1.41 billion, up 5.7% year-over-year; for FY2025, it came in at $1.36 billion, down 3.2% from FY2024.
- Interest Expense has a five-year compound annual growth rate of 11.4% (FY2020 to FY2025).
- By year, Interest Expense came in at $1.4 billion in FY2024 (+1.2%), $1.39 billion in FY2023 (+22.2%), $1.14 billion in FY2022 (+30.4%) and $870.9 million in FY2021 (+9.8%).
- The Q3 2026 figure ranks as the highest quarterly Interest Expense in data going back to Q1 2009.
- Year over year, Interest Expense has now increased in each of the last four quarters, with an average decline of 0.4% over the last eight quarters.
- The high point for year-over-year Interest Expense in five years was Q4 2022 (growth of 35.2%); the low point was Q1 2025 (a decline of 10.6%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $354.5 million (Q2 2026), $347.3 million (Q1 2026) and $344.4 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | American Tower | 86.72 Bn | 80.00 Bn | 2.75 Bn | 366.10 Mn |
| 2 | Digital Realty Trust | 67.98 Bn | 59.43 Bn | - | 93.27 Mn |
| 3 | Crown Castle | 37.11 Bn | 35.78 Bn | 982.00 Mn | 177.00 Mn |
| 4 | Sba Communications | 19.86 Bn | 18.40 Bn | 542.40 Mn | - |
| 5 | Lamar Advertising | 16.11 Bn | 15.92 Bn | 422.53 Mn | 41.11 Mn |
| 6 | OUTFRONT Media | 5.53 Bn | 5.27 Bn | 276.40 Mn | - |
| 7 | IHS Holding | 2.84 Bn | -723.51 Mn | 207.10 Mn | 105.50 Mn |
| 8 | Array Digital Infrastructure | 2.59 Bn | 1.48 Bn | 30.57 Mn | 10.86 Mn |
| 9 | Clear Channel Outdoor Holdings | 1.23 Bn | 518.82 Mn | 241.86 Mn | 99.03 Mn |
| 10 | Fermi | 1.03 Bn | 171.55 Mn | - | -953,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 366.10 Mn |
| Jun 30, 2026 | 354.50 Mn |
| Mar 31, 2026 | 347.30 Mn |
| Dec 31, 2025 | 344.40 Mn |
| Sep 30, 2025 | 347.10 Mn |
| Jun 30, 2025 | 342.60 Mn |
| Mar 31, 2025 | 325.30 Mn |
| Dec 31, 2024 | 321.20 Mn |
| Sep 30, 2024 | 356.80 Mn |
| Jun 30, 2024 | 362.70 Mn |
| Mar 31, 2024 | 363.80 Mn |
| Dec 31, 2023 | 347.60 Mn |
| Sep 30, 2023 | 356.50 Mn |
| Dec 31, 2022 | 303.00 Mn |
| Sep 30, 2022 | 294.00 Mn |
| Jun 30, 2022 | 276.60 Mn |
| Mar 31, 2022 | 262.40 Mn |
| Dec 31, 2021 | 224.10 Mn |
| Sep 30, 2021 | 226.10 Mn |
| Jun 30, 2021 | 213.70 Mn |
API Access
American Tower Interest Expense API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expense&ticker=AMT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense", "ticker": "AMT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-expense&ticker=AMT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();