American Tower Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	1,475	2,000	1,754	2,028	1,950
Cash & Short-Term Investments	1,475	2,000	1,754	2,028	1,950
Cash Growth	-26.25%	14.02%	-13.54%	4.03%	11.66%
Accounts Receivable	650.3	540	547.5	758.3	728.9
Restricted Cash	130.4	108.6	119.7	112.3	393.4
Other Current Assets	486.3	530.6	1,289	723.3	657.2
Total Current Assets	2,742	3,179	3,710	3,622	3,729
Net Property, Plant & Equipment	28,783	27,146	27,068	28,917	29,009
Other Intangible Assets	14,531	14,474	15,932	17,983	20,727
Goodwill	12,256	11,768	12,084	12,957	13,350
Other Long-Term Assets	4,880	4,510	7,234	3,715	3,072
Total Assets	63,190	61,077	66,028	67,195	69,888
Accounts Payable	259.8	240.8	251.3	218.6	272.4
Accrued Expenses	1,538	1,456	1,437	1,605	1,668
Current Portion of Long-Term Debt	3,388	3,693	3,067	4,514	4,569
Current Portion of Leases	584.9	576.7	690.4	788.9	712.6
Unearned Revenue	325	329.2	433.8	439.7	1,204
Other Current Liabilities	818.6	780.3	1,370	745.3	642.1
Total Current Liabilities	6,914	7,076	7,249	8,312	9,067
Long-Term Debt	33,833	32,809	35,734	34,156	38,686
Long-Term Leases	7,159	6,876	6,815	7,592	8,042
Other Long-Term Liabilities	4,930	4,669	5,364	4,726	5,024
Total Long-Term Liabilities	45,921	44,353	47,913	46,474	51,751
Total Liabilities	52,835	51,429	55,162	54,786	60,818
Common Stock	4.8	4.8	4.8	4.8	4.7
Treasury Stock	-1,666	-1,301	-1,301	-1,301	-1,282
Additional Paid-in Capital	15,215	15,057	14,873	14,689	12,240
Accumulated Other Comprehensive Income	-4,816	-5,955	-5,740	-5,718	-4,739
Retained Earnings	-5,086	-4,424	-3,639	-2,102	-1,142
Total Common Shareholders' Equity	3,653	3,382	4,198	5,572	5,081
Minority Interest	6,703	6,267	6,667	6,836	3,988
Shareholders' Equity	10,355	9,649	10,865	12,409	9,070
Total Liabilities & Equity	63,190	61,077	66,028	67,195	69,888
Total Debt	44,964	43,954	46,307	47,051	52,009
Net Cash (Debt)	-43,489	-41,955	-44,553	-45,023	-50,059
Net Cash Per Share	-92.78	-89.62	-95.37	-97.29	-110.43
Book Value	3,653	3,382	4,198	5,572	5,081
Book Value Per Share	7.79	7.23	8.99	12.04	11.21
Tangible Book Value	-23,134	-22,860	-23,818	-25,368	-28,996
Tangible Book Value Per Share	-49.35	-48.83	-50.98	-54.82	-63.97

Updated Dec 31, 2025. Data Source: Fiscal.ai. Real Estate template. Financial Sources.