Company / Interest Expense
American Tower Interest Expense History
FY2017-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$870.9M
FY2023
5-year range
$870.9M / $1.1B
FY2019-FY2023
Trend
-23.4%
vs FY2022
Sector context
#4 of 61
Real Estate
What the data says
Among 61 Real Estate companies, American Tower is in the bottom 7% for interest expense. Interest Expense has fluctuated over the past 7 years, ranging from $750M in FY2017 to $1.1B in FY2022.
Based on SEC 10-K filings.
$871M in FY2023 with a 5-year CAGR of +1.1%. Top quartile in the Real Estate sector.
Remained stable around $871M over the past 2 years.
Real Estate sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- +3.2%
- 5-Year CAGR
- +1.1%
- 10-Year CAGR
- -
Sector benchmark
Bottom 7% in Real EstateTop 93% of 61This company $870.9M Sector average $209.9M
▼
+314.8% above sector average
Key checks
Key Insights
- 5-year CAGR of +1.1%, indicating consistent growth.
- In FY2023, interest expense decreased 23.4% year-over-year.
- Ranks #4 out of 61 companies in the Real Estate sector.
- Peak interest expense was recorded in FY2022.
Company context
Key Data Points
- Altman Z-Score 0.32 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $870.9M | -23.4% |
| FY2022 | $1.1B | +30.5% |
| FY2021 | $870.9M | +9.8% |
| FY2020 | $793.5M | -2.5% |
| FY2019 | $814.2M | -1.4% |
| FY2018 | $825.5M | +10.1% |
| FY2017 | $749.6M | - |
| FY2016 | - | - |
As of FY2023 · SEC 10-K · Updated Jun 30, 2026