Growth Metrics

American Well (AMWL) Invested Capital (2018 - 2025)

American Well has reported Invested Capital over the past 8 years, most recently at $247.8 million for Q4 2025.

  • Quarterly results put Invested Capital at $247.8 million for Q4 2025, down 18.7% from a year ago — trailing twelve months through Dec 2025 was $247.8 million (down 18.7% YoY), and the annual figure for FY2025 was $247.8 million, down 18.7%.
  • Invested Capital for Q4 2025 was $247.8 million at American Well, down from $254.9 million in the prior quarter.
  • Over the last five years, Invested Capital for AMWL hit a ceiling of $1.3 billion in Q3 2021 and a floor of $247.8 million in Q4 2025.
  • Median Invested Capital over the past 5 years was $581.7 million (2023), compared with a mean of $723.4 million.
  • Biggest five-year swings in Invested Capital: soared 502.77% in 2021 and later crashed 55.7% in 2023.
  • American Well's Invested Capital stood at $1.3 billion in 2021, then dropped by 14.04% to $1.1 billion in 2022, then crashed by 55.7% to $480.2 million in 2023, then plummeted by 36.53% to $304.8 million in 2024, then dropped by 18.7% to $247.8 million in 2025.
  • The last three reported values for Invested Capital were $247.8 million (Q4 2025), $254.9 million (Q3 2025), and $294.6 million (Q2 2025) per Business Quant data.