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

American Tower (AMT) Invested Capital (2009 - 2026)

American Tower (AMT) posted Invested Capital of $5.2 billion for Q2 2026, down 14.59% sequentially from $6.1 billion in Q1 2026, and up 128.15% YoY from $2.3 billion in Q2 2025.

American Tower (AMT) Invested Capital (2009 - 2026) Analysis & Trends

American Tower has reported Invested Capital for 18 years, with the latest figure at $5.2 billion in Q2 2026.

  • Quarterly Invested Capital rose 128.15% year-over-year to $5.2 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $17.1 billion (up 36.63% YoY) and the FY2025 annual result came in at $3.4 billion, down 8.26% from the prior year.
  • Invested Capital declined to $5.2 billion in Q2 2026 per AMT's latest filing, from $6.1 billion in the prior quarter.
  • Over five years, Invested Capital peaked at $6.1 billion in Q1 2026 and troughed at $2.3 billion in Q2 2025.
  • A 5-year average of $3.7 billion and a median of $3.4 billion in 2024 frame the typical range for Invested Capital.
  • The sharpest annual moves came in 2022 and 2025: Invested Capital soared 297.3% in 2022, then slumped 36.0% in 2025.
  • Over 5 years, Invested Capital stood at $4.5 billion in 2022, then slumped by 32.05% to $3.1 billion in 2023, then advanced by 20.4% to $3.7 billion in 2024, then decreased by 8.26% to $3.4 billion in 2025, then surged by 54.27% to $5.2 billion in 2026.
  • According to Business Quant data, Invested Capital over the past three periods registered $5.2 billion, $6.1 billion, and $3.4 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Equinix 105.14 Bn 102.92 Bn 1.40 Bn 2.28 Bn
2 American Tower 82.11 Bn 80.34 Bn 2.72 Bn 5.23 Bn
3 Digital Realty Trust 67.60 Bn 65.74 Bn - -
4 Iron Mountain 36.35 Bn 36.15 Bn 1.07 Bn 220.81 Mn
5 Crown Castle 32.72 Bn 31.68 Bn 989.00 Mn 18.24 Bn
6 Sba Communications 19.39 Bn 19.39 Bn 539.27 Mn 3.58 Bn
7 Weyerhaeuser 17.58 Bn 17.05 Bn 311.00 Mn 122.00 Mn
8 Lamar Advertising 15.26 Bn 15.19 Bn 422.53 Mn 250.17 Mn
9 Gaming & Leisure Properties 12.42 Bn 12.42 Bn - 61.42 Mn
10 Rayonier 6.36 Bn 5.93 Bn 75.67 Mn -

Historic Data

Download Data
DateValue
Jun 30, 2026 5.23 Bn
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