American Tower (AMT) Operating Leases (2019 - 2026)

American Tower's Operating Leases history runs 8 years deep, the most recent figure standing at $7.2 billion for Q1 2026.

• In Q1 2026, Operating Leases rose 3.45% year-over-year to $7.2 billion; the TTM figure through Mar 2026 stood at $7.2 billion (up 3.45% YoY), while the FY2025 annual figure was $7.7 billion, up 12.62% from the prior year.
• Operating Leases came in at $7.2 billion for Q1 2026 at American Tower, down from $7.7 billion in the prior quarter.
• In the past five years, Operating Leases ranged from a high of $8.8 billion in Q1 2022 to a low of $515.0 million in Q1 2024.
• A 5-year average of $6.5 billion and a median of $7.6 billion in 2023 frame the typical range for Operating Leases.
• Across the five-year window, Operating Leases tumbled 93.86% in 2024 and surged 1400.72% in 2025, its largest moves.
• American Tower's Operating Leases stood at $8.4 billion in 2022, then dropped by 10.44% to $7.5 billion in 2023, then dropped by 8.39% to $6.9 billion in 2024, then grew by 12.62% to $7.7 billion in 2025, then declined by 7.44% to $7.2 billion in 2026.
• According to Business Quant data, Operating Leases over the past three periods registered $7.2 billion, $7.7 billion, and $7.2 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

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