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American Tower AMT Africa & APAC — CapEx

Other segment segments

Data Centers
$115.3M+21.4%
U.S. & Canada
$80.2M+4.7%
Europe
$75.7M+24.5%
Latin America
$33.1M+1.8%
Services
$0

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Other financials

Income statement

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Revenue$2.7B+4.7%
Operating income$1.3B+5.9%
Net income$887.5M+133%
EPS (diluted)$1.86+138%

Balance sheet

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Cash & equivalents$1.8B-15.1%
Total debt$45.0B+348%
Total equity$3.7B+0.2%
Total assets$63.3B-0.7%

Cash flow

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Operating cash flow$1.5B+16.0%
CapEx$320.9M+5.4%
Free cash flow$1.2B+19.3%

Valuation

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Market cap$81.29B-16.7%
Enterprise value$124.52B+18.0%
P/E23.1×-50.3×
P/S7.4×-2.1×

Profitability

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Gross margin99.5%
Operating margin44.8%-0.7pp
Net margin32.1%+19.2pp
FCF margin36.2%-0.3pp

Returns & leverage

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Return on equity94.6%+59.5pp
Debt / equity12.1×+9.4×
Current ratio0.4×-0.3×

Where this comes from

Reported directly by American Tower in its filing.

Tagged under the XBRL concept us-gaap:SegmentExpenditureAdditionToLongLivedAssets.

The official record: American Tower’s 10-Q, filed July 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is American Tower's africa & APAC — capex?
American Tower (AMT) reported africa & APAC — capex of $21.9M in Q2 2026.
How has American Tower's africa & APAC — capex changed year-over-year?
American Tower's africa & APAC — capex decreased by 51.8% year-over-year, from $45.4M to $21.9M.
What is the long-term trend for American Tower's africa & APAC — capex?
Over 2 years (2023 to 2025), American Tower's africa & APAC — capex has grown at a -27.7% compound annual growth rate (CAGR), from $435.7M to $227.8M.
What does africa & APAC — capex mean?
This captures the cash spent by the Africa and Asia-Pacific segment to acquire, build, or improve tower sites and other infrastructure. It reflects the company's commitment to expanding its network capacity or upgrading existing sites to meet customer demand. This is a leading indicator of future growth potential and the company's investment strategy in these markets.