American Tower (AMT) Invested Capital (2009 - 2026)
American Tower (AMT) reported Invested Capital of $6.1 billion for Q1 2026, up 117.22% on a YoY basis from $2.8 billion in Q1 2025, and up 80.62% sequentially from $3.4 billion in Q4 2025.
American Tower (AMT) Invested Capital (2009 - 2026) Analysis & Trends
American Tower (AMT) has 18 years of Invested Capital data on file, last reported at $6.1 billion in Q1 2026.
- For the quarter ending Q1 2026, Invested Capital rose 117.22% year-over-year to $6.1 billion; the trailing twelve-month figure through Mar 2026 stood at $14.2 billion (up 4.54% YoY), and the FY2025 full-year result was $3.4 billion, down 8.26% from the prior year.
- Invested Capital improved to $6.1 billion in Q1 2026, from $3.4 billion in the prior quarter.
- In the past five years, Invested Capital ranged from a high of $6.1 billion in Q1 2026 to a low of $2.3 billion in Q2 2025.
- A 5-year average of $3.6 billion and a median of $3.3 billion in 2024 frame the typical range for Invested Capital.
- Across the five-year window, Invested Capital jumped 297.3% in 2022 and plunged 36.0% in 2025, its largest moves.
- Tracing AMT's Invested Capital over 5 years: stood at $4.5 billion in 2022, then tumbled by 32.05% to $3.1 billion in 2023, then increased by 20.4% to $3.7 billion in 2024, then declined by 8.26% to $3.4 billion in 2025, then jumped by 80.62% to $6.1 billion in 2026.
- Business Quant data shows AMT's Invested Capital at $6.1 billion in Q1 2026, $3.4 billion in Q4 2025, and $2.4 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 102.00 Bn | 98.94 Bn | 1.26 Bn | 2.30 Bn |
| 2 | American Tower | 76.76 Bn | 83.27 Bn | 2.70 Bn | 6.12 Bn |
| 3 | Digital Realty Trust | 61.91 Bn | 61.08 Bn | - | - |
| 4 | Iron Mountain | 37.06 Bn | 37.09 Bn | 1.05 Bn | 216.97 Mn |
| 5 | Crown Castle | 32.50 Bn | 32.44 Bn | 23.00 Mn | 24.68 Bn |
| 6 | Sba Communications | 18.50 Bn | 18.59 Bn | 532.10 Mn | 2.68 Bn |
| 7 | Weyerhaeuser | 17.05 Bn | 16.75 Bn | 318.00 Mn | - |
| 8 | Lamar Advertising | 15.99 Bn | 15.96 Bn | 344.69 Mn | 242.21 Mn |
| 9 | Gaming & Leisure Properties | 12.58 Bn | 12.98 Bn | - | 61.32 Mn |
| 10 | Rayonier | 6.43 Bn | 5.79 Bn | 46.45 Mn | 200.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.12 Bn |
| Dec 31, 2025 | 3.39 Bn |
| Sep 30, 2025 | 2.39 Bn |
| Jun 30, 2025 | 2.29 Bn |
| Mar 31, 2025 | 2.82 Bn |
| Dec 31, 2024 | 3.69 Bn |
| Sep 30, 2024 | 3.73 Bn |
| Jun 30, 2024 | 3.33 Bn |
| Mar 31, 2024 | 3.07 Bn |
| Dec 31, 2023 | 3.07 Bn |
| Sep 30, 2023 | 3.16 Bn |
| Jun 30, 2023 | 3.21 Bn |
| Mar 31, 2023 | 3.86 Bn |
| Dec 31, 2022 | 4.51 Bn |
| Sep 30, 2022 | 3.02 Bn |
| Jun 30, 2022 | 3.60 Bn |
| Mar 31, 2022 | 5.31 Bn |
| Dec 31, 2021 | 4.57 Bn |
| Sep 30, 2021 | 2.11 Bn |
| Jun 30, 2021 | 2.64 Bn |