A multi radio access technology (RAT) circuit is provided. The multi RAT power management circuit can concurrently support multiple different RATs using a single power management integrated circuit and a single power amplifier. The multi RAT power management circuit receives a first digital signal modulated based on a first RAT and a second digital signal modulated based on a second RAT. Control circuitry generates a composite output signal, which includes the first digital signal and the second digital signal and corresponds to a time-variant composite signal envelope derived from a respective peak envelope of the first and the second digital signals. The control circuitry generates a voltage control signal having a time-variant target voltage envelope tracking the time-variant composite signal envelope of the composite output signal. As such, the multi RAT power management circuit can concurrently support the multiple different RATs without increasing size, costs, complexity, and/or power consumption.