American Tower (AMT) Capital Expenditures (2009 - 2026)
American Tower (AMT) posted Capital Expenditures of $320.9 million for Q2 2026, down 28.61% sequentially from $449.5 million in Q1 2026, and up 5.35% YoY from $304.6 million in Q2 2025.
American Tower (AMT) Capital Expenditures (2009 - 2026) Analysis & Trends
American Tower has reported Capital Expenditures for 18 years, with the latest figure at $320.9 million in Q2 2026.
- Quarterly Capital Expenditures rose 5.35% year-over-year to $320.9 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $1.8 billion (up 20.7% YoY) and the FY2025 annual result came in at $1.7 billion, up 5.69% from the prior year.
- Capital Expenditures declined to $320.9 million in Q2 2026 per AMT's latest filing, from $449.5 million in the prior quarter.
- Over five years, Capital Expenditures peaked at $658.2 million in Q4 2022 and troughed at $304.6 million in Q2 2025.
- A 5-year average of $428.5 million and a median of $422.8 million in 2023 frame the typical range for Capital Expenditures.
- The sharpest annual moves came in 2022 and 2024: Capital Expenditures jumped 46.24% in 2022, then declined 22.74% in 2024.
- Over 5 years, Capital Expenditures stood at $658.2 million in 2022, then decreased by 20.3% to $524.6 million in 2023, then decreased by 15.48% to $443.4 million in 2024, then soared by 30.63% to $579.2 million in 2025, then tumbled by 44.6% to $320.9 million in 2026.
- According to Business Quant data, Capital Expenditures over the past three periods registered $320.9 million, $449.5 million, and $579.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 105.14 Bn | 102.92 Bn | 1.40 Bn | 1.58 Bn |
| 2 | American Tower | 82.11 Bn | 80.34 Bn | 2.72 Bn | 320.90 Mn |
| 3 | Digital Realty Trust | 67.60 Bn | 65.74 Bn | - | 914.19 Mn |
| 4 | Iron Mountain | 36.35 Bn | 36.15 Bn | 1.07 Bn | 588.19 Mn |
| 5 | Crown Castle | 32.72 Bn | 31.68 Bn | 989.00 Mn | 59.00 Mn |
| 6 | Sba Communications | 19.39 Bn | 19.39 Bn | 539.27 Mn | 62.42 Mn |
| 7 | Weyerhaeuser | 17.58 Bn | 17.05 Bn | 311.00 Mn | 8.00 Mn |
| 8 | Lamar Advertising | 15.26 Bn | 15.19 Bn | 422.53 Mn | 42.72 Mn |
| 9 | Gaming & Leisure Properties | 12.42 Bn | 12.42 Bn | - | 184.75 Mn |
| 10 | Rayonier | 6.36 Bn | 5.93 Bn | 75.67 Mn | 5.03 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 320.90 Mn |
| Jun 30, 2026 | 320.90 Mn |
| Mar 31, 2026 | 449.50 Mn |
| Mar 31, 2026 | 449.50 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 | 443.40 Mn |
| Dec 31, 2024 | 443.40 Mn |
| Sep 30, 2024 | 424.70 Mn |
| Sep 30, 2024 | 424.70 Mn |
| Jun 30, 2024 | 325.20 Mn |
| Jun 30, 2024 | 325.20 Mn |
| Mar 31, 2024 | 396.70 Mn |
| Mar 31, 2024 | 396.70 Mn |