KPIs & Operating Metrics(New)
Growth Metrics

American Tower (AMT) Return on Invested Capital (2016 - 2025)

American Tower's Return on Invested Capital history spans 17 years, with the latest figure at 0.52% for Q4 2025.

  • For Q4 2025, Return on Invested Capital rose 15.0% year-over-year to 0.52%; the TTM value through Dec 2025 reached 0.52%, up 15.0%, while the annual FY2025 figure was 0.39%, 1.0% up from the prior year.
  • Return on Invested Capital for Q4 2025 was 0.52% at American Tower, down from 0.56% in the prior quarter.
  • Across five years, Return on Invested Capital topped out at 0.56% in Q3 2025 and bottomed at 0.18% in Q3 2022.
  • The 5-year median for Return on Invested Capital is 0.32% (2021), against an average of 0.34%.
  • The largest annual shift saw Return on Invested Capital dropped -29bps in 2022 before it grew 25bps in 2025.
  • A 5-year view of Return on Invested Capital shows it stood at 0.34% in 2021, then tumbled by -42bps to 0.19% in 2022, then skyrocketed by 86bps to 0.36% in 2023, then increased by 4bps to 0.37% in 2024, then surged by 40bps to 0.52% in 2025.
  • Per Business Quant, the three most recent readings for AMT's Return on Invested Capital are 0.52% (Q4 2025), 0.56% (Q3 2025), and 0.38% (Q2 2025).