American Tower Corp (AMT) - Total Assets
Based on the latest financial reports, American Tower Corp (AMT) holds total assets worth $63.19 Billion USD as of March 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Explore American Tower Corp cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
American Tower Corp - Total Assets Trend (1997–2025)
This chart illustrates how American Tower Corp's total assets have evolved over time, based on quarterly financial data. See AMT total equity for net asset value and shareholders' equity analysis.
American Tower Corp - Asset Composition Analysis
Current Asset Composition (December 2025)
American Tower Corp's total assets of $63.19 Billion consist of 4.0% current assets and 96.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $1.47 Billion | 2.3% |
| Accounts Receivable | $650.30 Million | 1.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $28.78 Billion | 45.6% |
| Intangible Assets | $14.53 Billion | 23.0% |
| Goodwill | $12.26 Billion | 19.4% |
Asset Composition Trend (1997–2025)
This chart illustrates how American Tower Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see American Tower Corp market cap and net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: American Tower Corp's current assets represent 4.0% of total assets in 2025, an increase from 3.4% in 1997.
- Cash Position: Cash and equivalents constituted 2.3% of total assets in 2025, up from 1.8% in 1997.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 42.0% of total assets, an increase from 6.0% in 1997.
- Asset Diversification: The largest asset category is property, plant & equipment at 45.6% of total assets.
American Tower Corp Competitors by Total Assets
Key competitors of American Tower Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Afine Investments Ltd
JSE:ANI
|
South Africa | ZAC444.87 Million |
|
SBA Communications Corp
NASDAQ:SBAC
|
USA | $11.26 Billion |
|
PotlatchDeltic Corp
NASDAQ:PCH
|
USA | $3.17 Billion |
|
Arena REIT
AU:ARF
|
Australia | AU$1.98 Billion |
|
Immo Moury SICAF Immobiliere Publique de Droit Belge
BR:IMMOU
|
Belgium | €48.12 Million |
|
Waypoint REIT
AU:WPR
|
Australia | AU$2.88 Billion |
|
Charter Hall Social Infrastructure REIT
AU:CQE
|
Australia | AU$2.26 Billion |
|
Rural Funds Group
AU:RFF
|
Australia | AU$1.97 Billion |
American Tower Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.40 | 0.55 | 0.56 |
| Quick Ratio | 0.40 | 0.55 | 0.51 |
| Cash Ratio | 0.00 | 0.33 | 0.32 |
| Working Capital | $-4.17 Billion | $-2.82 Billion | $-2.60 Billion |
American Tower Corp - Advanced Valuation Insights
This section examines the relationship between American Tower Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 25.67 |
| Latest Market Cap to Assets Ratio | 1.24 |
| Asset Growth Rate (YoY) | 3.5% |
| Total Assets | $63.19 Billion |
| Market Capitalization | $78.30 Billion USD |
Valuation Analysis
Above Book Valuation: The market values American Tower Corp's assets above their book value (1.24x), reflecting positive investor sentiment about the company's future prospects.
Positive Asset Growth: American Tower Corp's assets grew by 3.5% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for American Tower Corp (1997–2025)
The table below shows the annual total assets of American Tower Corp from 1997 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $63.19 Billion | +3.46% |
| 2024-12-31 | $61.08 Billion | -7.50% |
| 2023-12-31 | $66.03 Billion | -1.74% |
| 2022-12-31 | $67.19 Billion | -3.85% |
| 2021-12-31 | $69.89 Billion | +47.96% |
| 2020-12-31 | $47.23 Billion | +10.35% |
| 2019-12-31 | $42.80 Billion | +29.66% |
| 2018-12-31 | $33.01 Billion | -0.61% |
| 2017-12-31 | $33.21 Billion | +7.56% |
| 2016-12-31 | $30.88 Billion | +14.77% |
| 2015-12-31 | $26.90 Billion | +26.12% |
| 2014-12-31 | $21.33 Billion | +5.22% |
| 2013-12-31 | $20.27 Billion | +43.89% |
| 2012-12-31 | $14.09 Billion | +15.18% |
| 2011-12-31 | $12.23 Billion | +17.98% |
| 2010-12-31 | $10.37 Billion | +21.80% |
| 2009-12-31 | $8.51 Billion | +3.67% |
| 2008-12-31 | $8.21 Billion | +1.00% |
| 2007-12-31 | $8.13 Billion | -5.60% |
| 2006-12-31 | $8.61 Billion | -1.77% |
| 2005-12-31 | $8.77 Billion | +72.40% |
| 2004-12-31 | $5.09 Billion | -4.62% |
| 2003-12-31 | $5.33 Billion | -5.82% |
| 2002-12-31 | $5.66 Billion | -17.09% |
| 2001-12-31 | $6.83 Billion | +20.65% |
| 2000-12-31 | $5.66 Billion | +87.51% |
| 1999-12-31 | $3.02 Billion | +100.94% |
| 1998-12-31 | $1.50 Billion | +488.33% |
| 1997-12-31 | $255.36 Million | -- |
About American Tower Corp
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 municipali… Read more