American Tower (AMT) Depreciation & Amortization (CF) (2009 - 2026)
American Tower (AMT) reported Depreciation & Amortization (CF) of $514.4 million for Q2 2026, up 0.8% from $510.3 million a year earlier but down 0.7% from the prior quarter.
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Analysis
American Tower (AMT) Depreciation & Amortization (CF) (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, American Tower's Depreciation & Amortization (CF) came in at $2.07 billion, up 2.7% year-over-year; for FY2025, it came in at $2.04 billion, down 3.9% from FY2024.
- Depreciation & Amortization (CF) has declined for three consecutive years, though with a five-year compound annual growth rate of 1.6% (FY2020 to FY2025).
- By year, Depreciation & Amortization (CF) came in at $2.12 billion in FY2024 (-31.2%), $3.09 billion in FY2023 (-8.0%), $3.36 billion in FY2022 (+43.8%) and $2.33 billion in FY2021 (+23.9%).
- Five-year quarterly Depreciation & Amortization (CF) spans a low of $492.5 million in Q1 2025 and a high of $898.1 million in Q3 2022.
- Year over year, Depreciation & Amortization (CF) has now increased in each of the last four quarters, with an average decline of 9.5% over the last eight quarters.
- The high point for year-over-year Depreciation & Amortization (CF) in five years was Q1 2022 (growth of 56.1%); the low point was Q4 2024 (a decline of 34.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $518.2 million (Q1 2026), $515.9 million (Q4 2025) and $522.9 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Amort. (Qtr) |
|---|---|---|---|---|---|
| 1 | American Tower | 76.26 Bn | 75.99 Bn | 2.72 Bn | 514.40 Mn |
| 2 | Digital Realty Trust | 64.98 Bn | 55.50 Bn | - | 507.11 Mn |
| 3 | Crown Castle | 28.39 Bn | 27.14 Bn | 989.00 Mn | 171.00 Mn |
| 4 | Sba Communications | 16.99 Bn | 17.07 Bn | 539.27 Mn | 81.37 Mn |
| 5 | Lamar Advertising | 12.56 Bn | 12.38 Bn | 422.53 Mn | 84.45 Mn |
| 6 | OUTFRONT Media | 4.89 Bn | 4.65 Bn | 276.40 Mn | 37.00 Mn |
| 7 | Array Digital Infrastructure | 2.92 Bn | 1.81 Bn | 30.57 Mn | 14.43 Mn |
| 8 | IHS Holding | 2.80 Bn | -57.74 Mn | 207.10 Mn | - |
| 9 | Fermi | 2.69 Bn | 1.82 Bn | - | - |
| 10 | Clear Channel Outdoor Holdings | 1.20 Bn | 488.27 Mn | 241.86 Mn | 41.25 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 514.40 Mn |
| Mar 31, 2026 | 518.20 Mn |
| Dec 31, 2025 | 515.90 Mn |
| Sep 30, 2025 | 522.90 Mn |
| Jun 30, 2025 | 510.30 Mn |
| Mar 31, 2025 | 492.50 Mn |
| Dec 31, 2024 | 500.90 Mn |
| Sep 30, 2024 | 512.80 Mn |
| Jun 30, 2024 | 561.70 Mn |
| Mar 31, 2024 | 549.40 Mn |
| Dec 31, 2023 | 764.90 Mn |
| Sep 30, 2023 | 762.90 Mn |
| Jun 30, 2023 | 764.60 Mn |
| Mar 31, 2023 | 794.10 Mn |
| Dec 31, 2022 | 814.70 Mn |
| Sep 30, 2022 | 898.10 Mn |
| Jun 30, 2022 | 826.50 Mn |
| Mar 31, 2022 | 815.80 Mn |
| Dec 31, 2021 | 643.90 Mn |
| Sep 30, 2021 | 611.40 Mn |
API Access
American Tower Depreciation & Amortization (CF) API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=depreciation-and-amortization-cf&ticker=AMT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-amortization-cf", "ticker": "AMT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=depreciation-and-amortization-cf&ticker=AMT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();