Growth Metrics

American Well (AMWL) Invested Capital (2018 - 2026)

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

  • For Q4 2025, Invested Capital fell 18.7% year-over-year to $247.8 million; the TTM value through Dec 2025 reached $247.8 million, down 18.7%, while the annual FY2025 figure was $247.8 million, 18.7% down from the prior year.
  • Invested Capital for Q4 2025 was $247.8 million at American Well, down from $254.9 million in the prior quarter.
  • Over five years, Invested Capital peaked at $1.3 billion in Q3 2021 and troughed at $247.8 million in Q4 2025.
  • A 5-year average of $723.4 million and a median of $581.7 million in 2023 define the central range for Invested Capital.
  • Biggest five-year swings in Invested Capital: skyrocketed 502.77% in 2021 and later plummeted 55.7% in 2023.
  • Year by year, Invested Capital stood at $1.3 billion in 2021, then decreased by 14.04% to $1.1 billion in 2022, then plummeted by 55.7% to $480.2 million in 2023, then tumbled by 36.53% to $304.8 million in 2024, then decreased by 18.7% to $247.8 million in 2025.
  • Business Quant data shows Invested Capital for AMWL at $247.8 million in Q4 2025, $254.9 million in Q3 2025, and $294.6 million in Q2 2025.