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

American Tower has disclosed Operating Leases across 8 years of filings, most recently posting $7.2 billion for Q1 2026.

• Operating Leases for Q1 2026 came in at $7.2 billion, up 3.45% year-over-year; the trailing twelve-month figure through Mar 2026 was $7.2 billion (up 3.45% YoY), and the FY2025 annual result 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.
• The 5-year median for Operating Leases is $7.6 billion (2023), against an average of $6.5 billion.
• Across the five-year window, Operating Leases plunged 93.86% in 2024 and jumped 1400.72% in 2025, its largest moves.
• American Tower's Operating Leases stood at $8.4 billion in 2022, then slipped by 10.44% to $7.5 billion in 2023, then slipped by 8.39% to $6.9 billion in 2024, then climbed by 12.62% to $7.7 billion in 2025, then dropped by 7.44% to $7.2 billion in 2026.
• The last three Operating Leases figures came in at $7.2 billion (Q1 2026), $7.7 billion (Q4 2025), and $7.2 billion (Q3 2025), per Business Quant data.