American Tower (AMT) Invested Capital (2009 - 2026)
American Tower recorded quarterly Invested Capital of $4.3 billion in Q1 2026, down 61.0% quarter-over-quarter from $10.9 billion in Q4 2025, and down 60.07% year-over-year from $10.7 billion in Q1 2025.
American Tower's Invested Capital history runs 18 years deep, the most recent figure standing at $4.3 billion for Q1 2026.
- In Q1 2026, Invested Capital fell 60.07% year-over-year to $4.3 billion; the TTM figure through Mar 2026 stood at $4.3 billion (down 60.07% YoY), while the FY2025 annual figure was $10.9 billion, up 2.49% from the prior year.
- Invested Capital came in at $4.3 billion for Q1 2026 at American Tower, down from $10.9 billion in the prior quarter.
- In the past five years, Invested Capital ranged from a high of $13.3 billion in Q2 2023 to a low of $4.3 billion in Q1 2026.
- A 5-year average of $10.7 billion and a median of $11.0 billion in 2024 frame the typical range for Invested Capital.
- Across the five-year window, Invested Capital surged 106.32% in 2022 and plunged 60.07% in 2026, its largest moves.
- American Tower's Invested Capital stood at $13.1 billion in 2022, then slipped by 12.93% to $11.4 billion in 2023, then dropped by 6.09% to $10.7 billion in 2024, then rose by 2.49% to $10.9 billion in 2025, then tumbled by 61.0% to $4.3 billion in 2026.
- According to Business Quant data, Invested Capital over the past three periods registered $4.3 billion, $10.9 billion, and $4.8 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 106.10 Bn | 103.07 Bn | 2.20 Bn | 16.60 Bn |
| 2 | American Tower | 85.70 Bn | 92.20 Bn | 2.70 Bn | 4.27 Bn |
| 3 | Digital Realty Trust | 67.00 Bn | 66.16 Bn | - | 23.37 Bn |
| 4 | Crown Castle | 40.17 Bn | 40.12 Bn | 984.00 Mn | 22.76 Bn |
| 5 | Iron Mountain | 37.80 Bn | 37.83 Bn | 1.05 Bn | 16.16 Bn |
| 6 | Sba Communications | 21.99 Bn | 22.08 Bn | 532.10 Mn | -2.07 Bn |
| 7 | Weyerhaeuser | 16.98 Bn | 16.68 Bn | 318.00 Mn | 10.24 Bn |
| 8 | Lamar Advertising | 15.51 Bn | 15.46 Bn | 403.56 Mn | 1.27 Bn |
| 9 | Gaming & Leisure Properties | 13.46 Bn | 13.86 Bn | - | 13.11 Bn |
| 10 | OUTFRONT Media | 5.85 Bn | 5.81 Bn | 202.10 Mn | 661.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.27 Bn |
| Dec 31, 2025 | 10.94 Bn |
| Sep 30, 2025 | 4.83 Bn |
| Jun 30, 2025 | 10.48 Bn |
| Mar 31, 2025 | 10.68 Bn |
| Dec 31, 2024 | 10.67 Bn |
| Sep 30, 2024 | 10.79 Bn |
| Jun 30, 2024 | 10.96 Bn |
| Mar 31, 2024 | 11.16 Bn |
| Dec 31, 2023 | 11.36 Bn |
| Sep 30, 2023 | 11.93 Bn |
| Jun 30, 2023 | 13.29 Bn |
| Mar 31, 2023 | 13.00 Bn |
| Dec 31, 2022 | 13.05 Bn |
| Sep 30, 2022 | 12.81 Bn |
| Jun 30, 2022 | 11.37 Bn |
| Mar 31, 2022 | 10.75 Bn |
| Dec 31, 2021 | 10.57 Bn |
| Sep 30, 2021 | 9.97 Bn |
| Jun 30, 2021 | 7.57 Bn |
| Mar 31, 2021 | 5.21 Bn |
| Dec 31, 2020 | 5.36 Bn |
| Sep 30, 2020 | 4.89 Bn |
| Jun 30, 2020 | 4.71 Bn |
| Mar 31, 2020 | 4.71 Bn |
| Dec 31, 2019 | 5.49 Bn |
| Sep 30, 2019 | 6.79 Bn |
| Jun 30, 2019 | 6.04 Bn |
| Mar 31, 2019 | 6.60 Bn |
| Dec 31, 2018 | 6.64 Bn |
| Sep 30, 2018 | 7.22 Bn |
| Jun 30, 2018 | 23.70 Bn |
| Mar 31, 2018 | 7.59 Bn |
| Dec 31, 2017 | 6.86 Bn |
| Sep 30, 2017 | 8.40 Bn |
| Jun 30, 2017 | 8.34 Bn |
| Mar 31, 2017 | 8.39 Bn |
| Dec 31, 2016 | 7.05 Bn |
| Sep 30, 2016 | 7.47 Bn |
| Jun 30, 2016 | 7.58 Bn |
| Mar 31, 2016 | 7.15 Bn |
| Dec 31, 2015 | 10.22 Bn |
| Sep 30, 2015 | 6.73 Bn |
| Jun 30, 2015 | 7.41 Bn |
| Mar 31, 2015 | 9.43 Bn |
| Dec 31, 2014 | 4.55 Bn |
| Sep 30, 2014 | 5.15 Bn |
| Jun 30, 2014 | 4.60 Bn |
| Mar 31, 2014 | 5.20 Bn |
| Dec 31, 2013 | 18.07 Bn |
| Sep 30, 2013 | 3.68 Bn |
| Jun 30, 2013 | 3.68 Bn |
| Mar 31, 2013 | 5.58 Bn |
| Dec 31, 2012 | 3.89 Bn |
| Sep 30, 2012 | 3.82 Bn |
| Jun 30, 2012 | 3.55 Bn |
| Mar 31, 2012 | 3.60 Bn |
| Dec 31, 2011 | 3.62 Bn |
| Sep 30, 2011 | 9.35 Bn |
| Jun 30, 2011 | 9.30 Bn |
| Mar 31, 2011 | 9.11 Bn |
| Dec 31, 2010 | 9.30 Bn |
| Sep 30, 2010 | 8.55 Bn |
| Jun 30, 2010 | 7.73 Bn |
| Mar 31, 2010 | 3.54 Bn |
| Dec 31, 2009 | 7.53 Bn |
| Sep 30, 2009 | 3.24 Bn |
| Jun 30, 2009 | 3.11 Bn |
| Mar 31, 2009 | 3.08 Bn |