American Tower (AMT) Total Debt (2009 - 2026)
American Tower (AMT) recorded Total Debt of $37.58 billion in Q3 2026, up 0.9% from $37.24 billion a year earlier and up 1.0% from the prior quarter.
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Analysis
American Tower (AMT) Total Debt (2009 - 2026) Analysis & Trends
At the end of FY2025, American Tower reported Total Debt of $37.22 billion, up 2.0% from FY2024.
- Annual Total Debt has a five-year compound annual growth rate of 4.9% (FY2020 to FY2025).
- Across earlier years, Total Debt came in at $36.5 billion in FY2024 (-5.9%), $38.8 billion in FY2023 (+0.3%), $38.67 billion in FY2022 (-10.6%) and $43.25 billion in FY2021 (+47.7%).
- The Q3 2026 figure is the highest quarterly Total Debt since Q2 2024.
- On a year-over-year basis, Total Debt rose in four of the last eight quarters, with an average decline of 1.5%.
- Peak year-over-year performance for Total Debt in the last five years was growth of 48.2% in Q1 2022, against a decline of 11.3% in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $37.19 billion (Q2 2026), $37.32 billion (Q1 2026) and $37.22 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | American Tower | 86.72 Bn | 80.00 Bn | 2.75 Bn | 37.58 Bn |
| 2 | Digital Realty Trust | 67.98 Bn | 59.43 Bn | - | 19.49 Bn |
| 3 | Crown Castle | 37.11 Bn | 35.78 Bn | 982.00 Mn | 17.80 Bn |
| 4 | Sba Communications | 19.86 Bn | 18.40 Bn | 542.40 Mn | 12.90 Bn |
| 5 | Lamar Advertising | 16.11 Bn | 15.92 Bn | 422.53 Mn | 3.51 Bn |
| 6 | OUTFRONT Media | 5.53 Bn | 5.27 Bn | 276.40 Mn | 2.53 Bn |
| 7 | IHS Holding | 2.84 Bn | -723.51 Mn | 207.10 Mn | 3.11 Bn |
| 8 | Array Digital Infrastructure | 2.59 Bn | 1.48 Bn | 30.57 Mn | 674.88 Mn |
| 9 | Clear Channel Outdoor Holdings | 1.23 Bn | 518.82 Mn | 241.86 Mn | 5.11 Bn |
| 10 | Fermi | 1.03 Bn | 171.55 Mn | - | 520.09 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 37.58 Bn |
| Jun 30, 2026 | 37.19 Bn |
| Mar 31, 2026 | 37.32 Bn |
| Dec 31, 2025 | 37.22 Bn |
| Sep 30, 2025 | 37.24 Bn |
| Jun 30, 2025 | 37.48 Bn |
| Mar 31, 2025 | 36.86 Bn |
| Dec 31, 2024 | 36.50 Bn |
| Sep 30, 2024 | 37.10 Bn |
| Jun 30, 2024 | 38.97 Bn |
| Mar 31, 2024 | 39.26 Bn |
| Dec 31, 2023 | 38.80 Bn |
| Sep 30, 2023 | 38.60 Bn |
| Jun 30, 2023 | 38.79 Bn |
| Mar 31, 2023 | 38.54 Bn |
| Dec 31, 2022 | 38.67 Bn |
| Sep 30, 2022 | 38.33 Bn |
| Jun 30, 2022 | 40.84 Bn |
| Mar 31, 2022 | 43.46 Bn |
| Dec 31, 2021 | 43.25 Bn |
API Access
American Tower Total Debt 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=total-debt&ticker=AMT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=AMT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();