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

American Tower has disclosed Invested Capital across 18 years of filings, most recently posting $4.3 billion for Q1 2026.

• Invested Capital for Q1 2026 came in at $4.3 billion, down 60.07% year-over-year; the trailing twelve-month figure through Mar 2026 was $4.3 billion (down 60.07% YoY), and the FY2025 annual result 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.
• The 5-year median for Invested Capital is $11.0 billion (2024), against an average of $10.7 billion.
• Across the five-year window, Invested Capital jumped 106.32% in 2022 and sank 60.07% in 2026, its largest moves.
• American Tower's Invested Capital stood at $13.1 billion in 2022, then decreased by 12.93% to $11.4 billion in 2023, then slipped by 6.09% to $10.7 billion in 2024, then increased by 2.49% to $10.9 billion in 2025, then plunged by 61.0% to $4.3 billion in 2026.
• The last three Invested Capital figures came in at $4.3 billion (Q1 2026), $10.9 billion (Q4 2025), and $4.8 billion (Q3 2025), per Business Quant data.