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
DateValue
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