Company / Working Capital
American Tower Working Capital History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Working Capital
-$4.2B
FY2025
5-year range
-$5.3B / -$3.5B
FY2021-FY2025
Trend
-7.1%
vs FY2024
Sector context
#20 of 20
Real Estate
What the data says
Among 20 Real Estate companies, American Tower is in the bottom 0% for working capital. Working Capital has fluctuated over the past 10 years, ranging from -$5.3B in FY2021 to $59M in FY2016.
Based on SEC 10-K filings.
-$4.2B in FY2025.
Declined from -$3.5B to -$4.2B over the past 2 years.
Real Estate sector context is included.
Working Capital over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Bottom 0% in Real EstateTop 100% of 20This company -$4.2B Sector average -$128.2M
▼
-3153.1% below sector average
Key checks
Key Insights
- In FY2025, working capital decreased 7.1% year-over-year.
- Ranks #20 out of 20 companies in the Real Estate sector.
- Peak working capital was recorded in FY2016.
- Lowest working capital in the period was in FY2021.
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 | Working CapitalValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -$4.2B | -7.1% |
| FY2024 | -$3.9B | -10.1% |
| FY2023 | -$3.5B | +24.5% |
| FY2022 | -$4.7B | +12.1% |
| FY2021 | -$5.3B | -611.8% |
| FY2020 | -$749.9M | +74.4% |
| FY2019 | -$2.9B | -27.3% |
| FY2018 | -$2.3B | -386.2% |
| FY2017 | -$474.0M | -908.9% |
| FY2016 | $58.6M | +128.8% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026