American Tower Corp (AMT) - Total Assets
Based on the latest financial reports, American Tower Corp (AMT) holds total assets worth $63.89 Billion USD as of September 2025. 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. See what is American Tower Corp's book value for net asset value and shareholders' equity analysis.
American Tower Corp - Total Assets Trend (1997–2024)
This chart illustrates how American Tower Corp's total assets have evolved over time, based on quarterly financial data.
American Tower Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
American Tower Corp's total assets of $63.89 Billion consist of 5.2% current assets and 94.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $2.00 Billion | 3.3% |
| Accounts Receivable | $784.80 Million | 1.3% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $27.15 Billion | 44.5% |
| Intangible Assets | $14.47 Billion | 23.7% |
| Goodwill | $11.77 Billion | 19.3% |
Asset Composition Trend (1997–2024)
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 AMT market cap.
Key Asset Composition Facts
- Current vs. Non-Current Assets: American Tower Corp's current assets represent 5.2% of total assets in 2024, an increase from 3.4% in 1997.
- Cash Position: Cash and equivalents constituted 3.3% of total assets in 2024, 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 44.5% 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 |
|---|---|---|
|
Crown Castle
NYSE:CCI
|
USA | $31.52 Billion |
|
Uniti Group Inc
NASDAQ:UNIT
|
USA | $12.08 Billion |
|
Rural Funds Group
AU:RFF
|
Australia | AU$1.97 Billion |
|
Waypoint REIT
AU:WPR
|
Australia | AU$2.88 Billion |
|
Charter Hall Social Infrastructure REIT
AU:CQE
|
Australia | AU$2.26 Billion |
|
Shurgard Self Storage SA
BR:SHUR
|
Belgium | €7.08 Billion |
|
Immo Moury SICAF Immobiliere Publique de Droit Belge
BR:IMMOU
|
Belgium | €48.12 Million |
|
Automotive Properties Real Estate Investment Trust
TO:APR-UN
|
Canada | CA$1.40 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 | 0.59 | 0.48 | 0.79 |
| Quick Ratio | 0.59 | 0.45 | 0.76 |
| Cash Ratio | 0.33 | 0.30 | 0.00 |
| Working Capital | $-2.46 Billion | $-3.67 Billion | $-749.90 Million |
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 | 22.29 |
| Latest Market Cap to Assets Ratio | 1.39 |
| Asset Growth Rate (YoY) | -7.5% |
| Total Assets | $61.08 Billion |
| Market Capitalization | $85.02 Billion USD |
Valuation Analysis
Above Book Valuation: The market values American Tower Corp's assets above their book value (1.39x), reflecting positive investor sentiment about the company's future prospects.
Significant Asset Reduction: American Tower Corp's assets decreased by 7.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for American Tower Corp (1997–2024)
The table below shows the annual total assets of American Tower Corp from 1997 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 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, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of over 149,000 communications sites and a highly interconnected footprint of U.S. data center facilities.