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

American Tower has disclosed Capital Expenditures across 18 years of filings, most recently posting $449.5 million for Q1 2026.

• Capital Expenditures for Q1 2026 came in at $449.5 million, up 35.76% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.8 billion (up 18.0% YoY), and the FY2025 annual result was $1.7 billion, up 5.69% from the prior year.
• Capital Expenditures came in at $449.5 million for Q1 2026 at American Tower, down from $579.2 million in the prior quarter.
• In the past five years, Capital Expenditures ranged from a high of $658.2 million in Q4 2022 to a low of $304.6 million in Q2 2025.
• The 5-year median for Capital Expenditures is $424.7 million (2024), against an average of $434.8 million.
• Across the five-year window, Capital Expenditures surged 46.24% in 2022 and slipped 22.74% in 2024, its largest moves.
• American Tower's Capital Expenditures stood at $658.2 million in 2022, then fell by 20.3% to $524.6 million in 2023, then fell by 15.48% to $443.4 million in 2024, then jumped by 30.63% to $579.2 million in 2025, then declined by 22.39% to $449.5 million in 2026.
• The last three Capital Expenditures figures came in at $449.5 million (Q1 2026), $579.2 million (Q4 2025), and $465.5 million (Q3 2025), per Business Quant data.