American Tower (AMT) Debt/Equity Ratio: History & Chart

American Tower Corporation(AMT)

REIT - Specialty · Boston, MA

$175.73-0.12 (-0.07%)

Delayed quote: Sep 8, 2026, 4:00 PM EDT

About American Tower Corporation

American Tower Corporation is one of the largest global real estate investment trusts. It is a leading independent owner, operator and developer of multitenant communications real estate. The Company's primary business is the leasing of space on communications sites to wireless service providers, radio and television broadcast companies, wireless data providers, government agencies and municipalities and tenants in a few other industries. The Company refers to this business, inclusive of its data center business discussed below, as its property operations. Additionally, the Company offers tower-related services in the United States, which the Company refers to as its services operations. These services include site application, zoning and permitting, structural and mount analyses, and construction management services, together with program management offerings that support customer deployment needs from project scoping through construction. The Company's services operations primarily support the Company's site leasing business, including through the addition of new tenants and equipment on its sites. The Company's customers include its tenants, licensees and other payers. American Tower Corporation was incorporated in 1995 in Delaware and is based in Massachusetts, Boston.

Boston, MA

4,866 employees

www.americantower.com

Real Estate / REIT - Specialty

Sector: Real Estate
Industry: REIT - Specialty
CEO: Steven O. Vondran

View full financials

AMT Debt to Equity Ratio Metrics

DEBT TO EQUITY RATIO

12.09

DEBT TO EQUITY RATIO AVG TTM

12.06

DEBT TO EQUITY RATIO AVG 3Y

11.97

DEBT TO EQUITY RATIO AVG 5Y

10.47

DEBT TO EQUITY RATIO AVG 10Y

7.84

DEBT TO EQUITY RATIO AVG 15Y

6.14

DEBT TO EQUITY RATIO AVG 20Y

4.92

CURRENT VS TTM AVG

+0.23%

CURRENT VS 3Y AVG

+1.02%

CURRENT VS 5Y AVG

+15.48%

CURRENT VS 10Y AVG

+54.26%

CURRENT VS 15Y AVG

+97.07%

CURRENT VS 20Y AVG

+145.90%

SECTOR MEDIAN · REAL ESTATE

0.86

median of 38 covered companies

CURRENT VS SECTOR MEDIAN

+1297.96%

vs the sector median at left

NAME	MARKET CAP	DEBT TO EQUITY RATIO	TTM	3Y	5Y
American Tower Corporation (AMT)	$81.88B	12.09	12.06	11.97	10.47
Digital Realty Trust, Inc. (DLR)vs ›	$70.11B	0.67	0.95	0.98	0.93
Simon Property Group, Inc. (SPG)vs ›	$68.71B	6.64	7.01	7.72	7.92
Equinix, Inc. (EQIX)vs ›	$102.74B	1.62	1.50	1.46	1.42
Realty Income Corporation (O)vs ›	$56.90B	0.07	0.76	0.71	0.71
Public Storage (PSA)vs ›	$56.24B	1.11	1.04	0.92	0.79
Ventas, Inc. (VTR)vs ›	$43.71B	0.93	1.17	1.25	1.22
CBRE Group, Inc. (CBRE)vs ›	$41.19B	1.26	0.91	0.71	0.65
Prologis, Inc. (PLD)vs ›	$129.22B	0.68	0.62	0.57	0.56
Iron Mountain Incorporated (IRM)vs ›	$34.54B	N/A	45.37	28.52	20.95

NAME

MARKET CAP

DEBT TO EQUITY RATIO

TTM

American Tower Corporation (AMT)

$81.88B

12.09

12.06

11.97

10.47

Digital Realty Trust, Inc. (DLR)vs ›

$70.11B

0.67

0.95

0.98

0.93

Simon Property Group, Inc. (SPG)vs ›

$68.71B

6.64

7.01

7.72

7.92

Equinix, Inc. (EQIX)vs ›

$102.74B

1.62

1.50

1.46

1.42

Realty Income Corporation (O)vs ›

$56.90B

0.07

0.76

0.71

Public Storage (PSA)vs ›

$56.24B

1.11

1.04

0.92

0.79

Ventas, Inc. (VTR)vs ›

$43.71B

0.93

1.17

1.25

1.22

CBRE Group, Inc. (CBRE)vs ›

$41.19B

1.26

0.91

0.71

0.65

Prologis, Inc. (PLD)vs ›

$129.22B

0.68

0.62

0.57

0.56

Iron Mountain Incorporated (IRM)vs ›

$34.54B

N/A

45.37

28.52

20.95

Debt to Equity Ratio FAQ

What is the debt to equity ratio for American Tower Corporation (AMT)?

The debt to equity ratio for AMT stock is 12.09.

Is American Tower Corporation's debt to equity ratio high or low?

The debt to equity ratio of 12.09 is 15% above its 5-year average of 10.47, near the high end of its 5-year range (7.11–13.00).

What is the TTM average debt to equity ratio for American Tower Corporation (AMT)?

The TTM average debt to equity ratio for AMT stock is 12.06.

What is the 3Y average debt to equity ratio for American Tower Corporation (AMT)?

The 3Y average debt to equity ratio for AMT stock is 11.97.

What is the 5Y average debt to equity ratio for American Tower Corporation (AMT)?

The 5Y average debt to equity ratio for AMT stock is 10.47.

What is the 10Y average debt to equity ratio for American Tower Corporation (AMT)?

The 10Y average debt to equity ratio for AMT stock is 7.84.

What is the 15Y average debt to equity ratio for American Tower Corporation (AMT)?

The 15Y average debt to equity ratio for AMT stock is 6.14.

What is the 20Y average debt to equity ratio for American Tower Corporation (AMT)?

The 20Y average debt to equity ratio for AMT stock is 4.92.

DATE	DEBT TO EQUITY RATIO
2026-06-30	12.09
2026-03-31	12.36
2025-12-31	12.31
2025-09-30	11.39
2025-06-30	12.18
2025-03-31	12.56
2024-12-31	13.00
2024-09-30	12.30
2024-06-30	12.29
2024-03-31	11.82
2023-12-31	11.03
2023-09-30	10.33
2023-06-30	9.13
2023-03-31	8.68
2022-12-31	8.44
2022-09-30	7.43
2022-06-30	7.11
2022-03-31	9.74
2021-12-31	10.24
2021-09-30	7.79
2021-06-30	7.71
2021-03-31	9.45
2020-12-31	8.97
2020-09-30	8.49
2020-06-30	8.78
2020-03-31	8.58
2019-12-31	6.14
2019-09-30	5.42
2019-06-30	5.09
2019-03-31	5.24
2018-12-31	3.97
2018-09-30	3.97
2018-06-30	3.80
2018-03-31	3.37
2017-12-31	3.24
2017-09-30	2.96
2017-06-30	2.97
2017-03-31	2.76
2016-12-31	2.74
2016-09-30	2.78
2016-06-30	2.76
2016-03-31	2.46
2015-12-31	2.57
2015-09-30	2.57
2015-06-30	2.22
2015-03-31	2.14
2014-12-31	3.70
2014-09-30	3.32
2014-06-30	3.17
2014-03-31	3.90
2013-12-31	4.10
2013-09-30	3.58
2013-06-30	2.52
2013-03-31	2.41
2012-12-31	2.45
2012-09-30	2.11
2012-06-30	2.22
2012-03-31	2.10
2011-12-31	2.20
2011-09-30	1.79
2011-06-30	1.38
2011-03-31	1.59
2010-12-31	1.60
2010-09-30	1.39
2010-06-30	1.21
2010-03-31	1.22
2009-12-31	1.27
2009-09-30	1.30
2009-06-30	1.44
2009-03-31	1.41
2008-12-31	1.45
2008-09-30	1.56
2008-06-30	1.46
2008-03-31	1.52
2007-12-31	1.42
2007-09-30	1.19
2007-06-30	1.09
2007-03-31	0.89
2006-12-31	0.06
2006-09-30	0.81
2006-06-30	0.14
2006-03-31	0.82
2005-12-31	0.80
2005-09-30	0.78
2005-06-30	2.16
2005-03-31	2.17
2004-12-31	2.24
2004-09-30	1.98
2004-06-30	1.98
2004-03-31	1.97
2003-12-31	1.96
2003-09-30	1.99
2003-06-30	2.09
2003-03-31	2.10
2002-12-31	1.99
2002-09-30	2.02

DATE

DEBT TO EQUITY RATIO

2026-06-30

12.09

2026-03-31

12.36

2025-12-31

12.31

2025-09-30

11.39

2025-06-30

12.18

2025-03-31

12.56

2024-12-31

13.00

2024-09-30

12.30

2024-06-30

12.29

2024-03-31

11.82

2023-12-31

11.03

2023-09-30

10.33

2023-06-30

9.13

2023-03-31

8.68

2022-12-31

8.44

2022-09-30

7.43

2022-06-30

7.11

2022-03-31

9.74

2021-12-31

10.24

2021-09-30

7.79

2021-06-30

7.71

2021-03-31

9.45

2020-12-31

8.97

2020-09-30

8.49

2020-06-30

8.78

2020-03-31

8.58

2019-12-31

6.14

2019-09-30

5.42

2019-06-30

5.09

2019-03-31

5.24

2018-12-31

3.97

2018-09-30

3.97

2018-06-30

3.80

2018-03-31

3.37

2017-12-31

3.24

2017-09-30

2.96

2017-06-30

2.97

2017-03-31

2.76

2016-12-31

2.74

2016-09-30

2.78

2016-06-30

2.76

2016-03-31

2.46

2015-12-31

2.57

2015-09-30

2.57

2015-06-30

2.22

2015-03-31

2.14

2014-12-31

3.70

2014-09-30

3.32

2014-06-30

3.17

2014-03-31

3.90

2013-12-31

4.10

2013-09-30

3.58

2013-06-30

2.52

2013-03-31

2.41

2012-12-31

2.45

2012-09-30

2.11

2012-06-30

2.22

2012-03-31

2.10

2011-12-31

2.20

2011-09-30

1.79

2011-06-30

1.38

2011-03-31

1.59

2010-12-31

1.60

2010-09-30

1.39

2010-06-30

1.21

2010-03-31

1.22

2009-12-31

1.27

2009-09-30

1.30

2009-06-30

1.44

2009-03-31

1.41

2008-12-31

1.45

2008-09-30

1.56

2008-06-30

1.46

2008-03-31

1.52

2007-12-31

1.42

2007-09-30

1.19

2007-06-30

1.09

2007-03-31

0.89

2006-12-31

0.06

2006-09-30

0.81

2006-06-30

0.14

2006-03-31

0.82

2005-12-31

0.80

2005-09-30

0.78

2005-06-30

2.16

2005-03-31

2.17

2004-12-31

2.24

2004-09-30

1.98

2004-06-30

1.98

2004-03-31

1.97

2003-12-31

1.96

2003-09-30

1.99

2003-06-30

2.09

2003-03-31

2.10

2002-12-31

1.99

2002-09-30

2.02

Debt to Equity Ratio: 12.09

AMT Debt to Equity Ratio

AMT Average Debt to Equity Ratio Chart

AMT Current vs Average Debt to Equity Ratio Chart

AMT Debt to Equity Ratio Metrics

AMT Competitors' Debt to Equity Ratio

Financial Health

Debt to Equity Ratio Formula & Definition

Debt to Equity Ratio FAQ

AMT Debt to Equity Ratio History

Related Metrics