AMT (American Tower) Debt-to-Asset : 0.71 (As of Mar. 2026)

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AMT American Tower Corp AMT
78 GF Score
Price $172.54
GF Value $208.45
Valuation Modestly Undervalued
! 5 Warning Signs
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What is American Tower Debt-to-Asset?

American Tower AMT +0.78% 78 Debt-to-Asset is 0.71 as of Mar. 2026. GuruFocus rates AMT with a GF Score™ of 78/100 and a GF Value™ of $208.45 (Modestly Undervalued). The stock has 5 warning signs investors should review.

American Tower's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $6,761 Mil. American Tower's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $38,370 Mil. American Tower's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2026 was $63,235 Mil. American Tower's debt to asset for the quarter that ended in Mar. 2026 was 0.71.


American Tower  (NYSE:AMT) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


American Tower Debt-to-Asset Related Terms


American Tower Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for American Tower's Debt-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

American Tower Debt-to-Asset Chart

American Tower Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.74 0.70 0.70 0.72 0.71

American Tower Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.72 0.71 0.71 0.71 0.71

AMT vs DLR, EQIX, IRM: Debt-to-Asset Comparison

For the REIT - Specialty subindustry, American Tower's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


American Tower Debt-to-Asset vs REITs Industry

For the REITs industry and Real Estate sector, American Tower's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where American Tower's Debt-to-Asset falls into.


AMT
78GF Score
American Tower Corp AMT
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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American Tower Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

American Tower's Debt-to-Asset for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(3972.7 + 40991.2) / 63190.4
=0.71

American Tower's Debt-to-Asset for the quarter that ended in Mar. 2026 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(6760.9 + 38370.3) / 63234.6
=0.71

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.71 mean?
American Tower (AMT) has a Debt-to-Asset of 0.71 as of Mar. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on American Tower and its competitors.
Is American Tower's Debt-to-Asset too high?
American Tower's current Debt-to-Asset is 0.71. Overall, American Tower has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does American Tower's Debt-to-Asset compare to DLR and EQIX?
American Tower's Debt-to-Asset of 0.71 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for a REITs company?
A good Debt-to-Asset depends on the REITs industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on American Tower and its competitors. American Tower's current Debt-to-Asset is 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Tower stock overvalued right now?
Based on GuruFocus' analysis, American Tower (AMT) is currently considered Modestly Undervalued. The stock's GF Value™ is $208.45, compared to a current price of $172.54 — trading 17.2% below its estimated fair value. The current Debt-to-Asset is 0.71. American Tower's overall GF Score™ is 78/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For American Tower (AMT), the current Debt-to-Asset is 0.71 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is American Tower (AMT) Overvalued in 2026?

Based on GuruFocus' analysis, American Tower stock appears to be undervalued. The current stock price of $172.54 is trading 17.2% below its estimated GF Value™ of $208.45. GuruFocus considers American Tower to be Modestly Undervalued.

Key valuation signals for AMT:

  • Debt-to-Asset: 0.71
  • GF Value™: $208.45 vs. price of $172.54 (17.2% below fair value)
  • GF Score™: 78/100 with 5 warning signs

No single metric tells the full story. See the AMT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


American Tower Business Description

Industry Real EstateREITs
Address 222 Berkeley Street, 7th Floor, Boston, MA, USA, 02116
American Tower owns and operates about 150,000 wireless towers throughout the US, Asia, Latin America, Europe, and Africa. It also owns and/or operates 30 data centers in 11 US markets through its CoreSite segment. The company's customer base in the tower business is very concentrated, with most revenue in each market generated by the top three or four mobile carriers. The company operates 42,000 towers in the US, which accounted for about half of total revenue in 2025. Outside the US, American Tower operates about 47,000 towers in Latin America (dominated by Brazil), 33,000 towers in Europe, and 28,000 towers in Africa. American Tower operates as a REIT.
78GF Score

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Debt-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$172.54
Price
$208.45
GF Value