American Tower Corp
Close on Nov 2, 2026Market cap $87.74BP/E 25.9Yield 3.61%
American Tower Ground & Operating Lease Commitments by Year
Ground & Operating Lease Commitments — Total Undiscounted Payments Due ($M) ($M)
American Tower Ground & Operating Lease Commitments: $11,977M in FY2025, up 3.9% from a year earlier.
Where the FY2025 figure comes from
Source: American Tower SEC Form 10-K XBRL (0001053507-26-000035, filed 2026-02-24) ↗
Future minimum ground & facility operating lease obligations prior to discounting.
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Ground & Operating Lease Commitments — Total Undiscounted Payments Due ($M) ($M) | Year on year | Source |
|---|---|---|---|---|
| FY2025 | Dec 31, 2025 | 11,977 | +3.9% | American Tower SEC Form 10-K XBRL (0001053507-26-000035, filed 2026-02-24) ↗ |
| FY2024 | Dec 31, 2024 | 11,531 | +2.3% | American Tower SEC Form 10-K XBRL (0001053507-25-000025, filed 2025-02-25) ↗ |
| FY2023 | Dec 31, 2023 | 11,276 | -1.0% | American Tower SEC Form 10-K XBRL (0001053507-24-000011, filed 2024-02-27) ↗ |
| FY2022 | Dec 31, 2022 | 11,392 | -5.5% | American Tower SEC Form 10-K XBRL (0001053507-23-000023, filed 2023-02-23) ↗ |
| FY2021 | Dec 31, 2021 | 12,050 | +13.9% | American Tower SEC Form 10-K XBRL (0001053507-22-000017, filed 2022-02-25) ↗ |
| FY2020 | Dec 31, 2020 | 10,580 | +2.3% | American Tower SEC Form 10-K XBRL (0001053507-21-000026, filed 2021-02-25) ↗ |
| FY2019 | Dec 31, 2019 | 10,345 | – | American Tower SEC Form 10-K XBRL (0001053507-20-000028, filed 2020-02-25) ↗ |
Breakdown
What makes up ground & Operating Lease Commitments
- Operating Lease Liability — Present Value ($M)7,744 · FY2025
- Operating Lease Imputed Interest / Undiscounted Excess ($M)4,233 · FY2025
- Operating Lease Right-of-Use (ROU) Asset ($M)8,427 · FY2025
- Ground Lease Weighted-Average Remaining Term (Years)13.4 · FY2025
- Ground Lease Weighted-Average Incremental Borrowing Rate (%)6.6% · FY2025
- Operating Lease Expense ($M, Fixed Ground Lease Cost)1,131 · FY2025
- Variable Ground Lease Costs Not Included in Lease Liability ($M)351 · FY2025
- Operating Cash Outflows Paid for Ground Lease Liabilities ($M)1,109 · FY2025
- ROU Assets Obtained in Exchange for New Operating Lease Liabilities ($M)155 · FY2025
Cite this data
StockData. (2026). American Tower Ground & Operating Lease Commitments ($M), annual FY2019–FY2025 [Data set]. Compiled from American Tower SEC filings and investor materials. https://stockdatahq.com/stocks/amt/kpis/lease-lessee-undisc-total
See every metric in the American Tower KPI table. Data updated Nov 1, 2026.