American Tower AMT
NYSE AMT
$175.80 +0.08 (+0.05%)
At close: Aug 21, 2026 · 4:00 PM EDT

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
DateValue
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