American Tower (AMT) Capital Expenditures (2009 - 2026)

American Tower (AMT) reported Capital Expenditures of $109.2 million for Q1 2026, down 67.02% on a YoY basis from $331.1 million in Q1 2025, and down 81.15% sequentially from $579.2 million in Q4 2025.

American Tower (AMT) Capital Expenditures (2009 - 2026) Analysis & Trends

American Tower (AMT) has 18 years of Capital Expenditures data on file, last reported at $109.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Capital Expenditures fell 67.02% year-over-year to $109.2 million; the trailing twelve-month figure through Mar 2026 stood at $1.5 billion (down 19.94% YoY), and the FY2025 full-year result was $1.7 billion, up 5.69% from the prior year.
  • Capital Expenditures eased to $109.2 million in Q1 2026, from $579.2 million in the prior quarter.
  • In the past five years, Capital Expenditures ranged from a high of $1.6 billion in Q4 2022 to a low of -$614.7 million in Q3 2023.
  • A 5-year average of $414.8 million and a median of $331.1 million in 2025 frame the typical range for Capital Expenditures.
  • Across the five-year window, Capital Expenditures plunged 164.11% in 2022 and soared 4093.69% in 2025, its largest moves.
  • Tracing AMT's Capital Expenditures over 5 years: stood at $1.6 billion in 2022, then decreased by 2.19% to $1.5 billion in 2023, then fell by 4.59% to $1.5 billion in 2024, then sank by 60.32% to $579.2 million in 2025, then tumbled by 81.15% to $109.2 million in 2026.
  • Business Quant data shows AMT's Capital Expenditures at $109.2 million in Q1 2026, $579.2 million in Q4 2025, and $465.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Equinix 102.00 Bn 98.94 Bn 1.26 Bn 1.26 Bn
2 American Tower 76.76 Bn 83.27 Bn 2.70 Bn 109.20 Mn
3 Digital Realty Trust 61.91 Bn 61.08 Bn - 870.04 Mn
4 Iron Mountain 37.06 Bn 37.09 Bn 1.05 Bn 301.90 Mn
5 Crown Castle 32.50 Bn 32.44 Bn 23.00 Mn 57.00 Mn
6 Sba Communications 18.50 Bn 18.59 Bn 532.10 Mn 48.40 Mn
7 Weyerhaeuser 17.05 Bn 16.75 Bn 318.00 Mn 23.00 Mn
8 Lamar Advertising 15.99 Bn 15.96 Bn 344.69 Mn 33.14 Mn
9 Gaming & Leisure Properties 12.58 Bn 12.98 Bn - 111.48 Mn
10 Rayonier 6.43 Bn 5.79 Bn 46.45 Mn 4.50 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 109.20 Mn
Mar 31, 2026 109.20 Mn
Dec 31, 2025 579.20 Mn
Dec 31, 2025 579.20 Mn
Sep 30, 2025 465.50 Mn
Sep 30, 2025 465.50 Mn
Jun 30, 2025 304.60 Mn
Jun 30, 2025 304.60 Mn
Mar 31, 2025 331.10 Mn
Mar 31, 2025 331.10 Mn
Dec 31, 2024 1.46 Bn
Dec 31, 2024 1.46 Bn
Sep 30, 2024 11.10 Mn
Sep 30, 2024 11.10 Mn
Jun 30, 2024 19.90 Mn
Jun 30, 2024 19.90 Mn
Mar 31, 2024 99.30 Mn
Mar 31, 2024 99.30 Mn
Dec 31, 2023 1.53 Bn
Dec 31, 2023 1.53 Bn