KPIs & Operating Metrics(New)
Growth Metrics

American Tower (AMT) Capital Expenditures (2016 - 2025)

American Tower's Capital Expenditures history spans 17 years, with the latest figure at $579.2 million for Q4 2025.

  • For Q4 2025, Capital Expenditures rose 30.63% year-over-year to $579.2 million; the TTM value through Dec 2025 reached $1.7 billion, up 5.69%, while the annual FY2025 figure was $1.7 billion, 5.69% up from the prior year.
  • Capital Expenditures for Q4 2025 was $579.2 million at American Tower, up from $465.5 million in the prior quarter.
  • Across five years, Capital Expenditures topped out at $658.2 million in Q4 2022 and bottomed at $277.9 million in Q2 2021.
  • The 5-year median for Capital Expenditures is $408.8 million (2023), against an average of $415.9 million.
  • The largest annual shift saw Capital Expenditures surged 51.49% in 2021 before it dropped 22.74% in 2024.
  • A 5-year view of Capital Expenditures shows it stood at $460.0 million in 2021, then soared by 43.09% to $658.2 million in 2022, then dropped by 20.3% to $524.6 million in 2023, then dropped by 15.48% to $443.4 million in 2024, then surged by 30.63% to $579.2 million in 2025.
  • Per Business Quant, the three most recent readings for AMT's Capital Expenditures are $579.2 million (Q4 2025), $465.5 million (Q3 2025), and $304.6 million (Q2 2025).