American Tower (AMT) Return on Capital Employed (2009 - 2026)

American Tower has disclosed Return on Capital Employed across 18 years of filings, most recently posting 9.03% for Q1 2026.

• Return on Capital Employed for Q1 2026 came in at 9.03%, up 65.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 9.03% (up 65.0% YoY), and the FY2025 annual result was 8.78%, up 78.0% from the prior year.
• Return on Capital Employed came in at 9.03% for Q1 2026 at American Tower, up from 8.56% in the prior quarter.
• In the past five years, Return on Capital Employed ranged from a high of 9.03% in Q1 2026 to a low of 4.59% in Q3 2022.
• The 5-year median for Return on Capital Employed is 5.9% (2024), against an average of 6.41%.
• Across the five-year window, Return on Capital Employed plunged 194 bps in 2022 and jumped 290 bps in 2024, its largest moves.
• American Tower's Return on Capital Employed stood at 4.68% in 2022, then advanced by 14 bps to 5.33% in 2023, then soared by 54 bps to 8.23% in 2024, then increased by 4 bps to 8.56% in 2025, then climbed by 6 bps to 9.03% in 2026.
• The last three Return on Capital Employed figures came in at 9.03% (Q1 2026), 8.56% (Q4 2025), and 8.24% (Q3 2025), per Business Quant data.