American Tower Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Property, Plant & Equipment	28,555	27,146	27,068	28,917	29,009	20,598
Cash & Equivalents	1,951	2,000	1,754	2,028	1,950	1,746
Accounts Receivable	959.4	729.3	733.4	1,042	998.5	688.5
Other Receivables	40.6	55.5	79.8	83.6	83.9	66.3
Investment In Debt and Equity Securities	233.1	103.9	33.5	29.2	37.1	6
Goodwill	12,256	11,768	12,084	12,957	13,350	7,283
Other Intangible Assets	14,742	14,474	15,932	17,983	20,727	13,840
Restricted Cash	150.1	108.6	119.7	112.3	393.4	115.1
Other Current Assets	434.6	285.8	1,023	355.9	303.7	289.4
Deferred Long-Term Tax Assets	166	122.7	179.1	129.2	131.6	123.1
Other Long-Term Assets	4,401	4,283	7,021	3,557	2,903	2,478
Total Assets	63,889	61,077	66,028	67,195	69,888	47,234
Current Portion of Long-Term Debt	2,388	3,690	3,064	4,510	4,562	784.9
Current Portion of Leases	615.4	579.3	693.8	793.6	719.3	544.8
Long-Term Debt	34,835	32,795	35,717	34,133	38,661	28,475
Long-Term Leases	7,173	6,890	6,833	7,615	8,067	6,907
Accounts Payable	239	240.8	251.3	218.6	272.4	139.1
Accrued Expenses	989.6	1,030	1,077	1,109	1,118	992
Current Income Taxes Payable	23.3	20.6	16.3	29.8	84.8	20.6
Current Unearned Revenue	437.6	329.2	433.8	439.7	1,204	390.6
Other Current Liabilities	1,301	1,185	1,714	1,212	1,107	783.5
Long-Term Unearned Revenue	-	520.9	474.9	489.5	540.2	576.1
Long-Term Deferred Tax Liabilities	1,513	1,262	1,311	1,492	1,831	859.5
Other Long-Term Liabilities	3,608	2,886	3,578	2,745	2,653	1,980
Total Liabilities	53,123	51,429	55,162	54,786	60,818	42,453
Common Stock	4.8	4.8	4.8	4.8	4.7	4.6
Additional Paid-In Capital	15,178	15,057	14,873	14,689	12,240	10,474
Distributions in Excess of Earnings	-5,111	-4,424	-3,639	-2,102	-1,142	-1,343
Treasury Stock	-1,301	-1,301	-1,301	-1,301	-1,282	-1,282
Comprehensive Income & Other	-4,818	-5,955	-5,740	-5,718	-4,739	-3,759
Total Common Equity	3,953	3,382	4,198	5,572	5,081	4,094
Minority Interest	6,813	6,267	6,667	6,836	3,988	687
Shareholders' Equity	10,766	9,649	10,865	12,409	9,070	4,781
Total Liabilities & Equity	63,889	61,077	66,028	67,195	69,888	47,234
Total Debt	45,011	43,954	46,307	47,051	52,009	36,712
Net Cash (Debt)	-43,061	-41,955	-44,553	-45,023	-50,059	-34,966
Net Cash Per Share	-91.86	-89.62	-95.37	-97.29	-110.43	-78.38
Filing Date Shares Outstanding	468.15	467.46	466.35	465.65	455.88	444.38
Total Common Shares Outstanding	468.29	467.38	466.3	465.62	455.77	444.33
Book Value Per Share	8.44	7.24	9.00	11.97	11.15	9.21
Tangible Book Value	-23,045	-22,860	-23,818	-25,368	-28,996	-17,029
Tangible Book Value Per Share	-49.21	-48.91	-51.08	-54.48	-63.62	-38.33
Land	-	4,180	4,134	4,024	3,836	2,716
Buildings	-	3,601	3,583	3,404	3,344	466.4
Construction In Progress	-	1,298	1,355	1,432	913.2	431.5

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.