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| Date | Value |
|---|---|
| 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 |