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

American Tower (AMT) has disclosed Operating Leases for 7 consecutive years, with $7.7 billion as the latest value for Q4 2025.

  • Quarterly Operating Leases rose 3.91% to $7.7 billion in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $7.7 billion through Dec 2025, up 3.91% year-over-year, with the annual reading at $7.7 billion for FY2025, 3.91% up from the prior year.
  • Operating Leases hit $7.7 billion in Q4 2025 for American Tower, roughly flat from $7.8 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.
  • Historically, Operating Leases has averaged $6.6 billion across 5 years, with a median of $7.6 billion in 2022.
  • Biggest five-year swings in Operating Leases: tumbled 93.86% in 2024 and later skyrocketed 1409.18% in 2025.
  • Year by year, Operating Leases stood at $8.0 billion in 2021, then increased by 4.22% to $8.4 billion in 2022, then dropped by 18.68% to $6.8 billion in 2023, then increased by 9.35% to $7.5 billion in 2024, then rose by 3.91% to $7.7 billion in 2025.
  • Business Quant data shows Operating Leases for AMT at $7.7 billion in Q4 2025, $7.8 billion in Q3 2025, and $7.1 billion in Q2 2025.