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Business Segments · CapEx

Europe — CapEx

American Tower Europe — CapEx decreased by 39.1% to $53.1M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 16.2%, from $45.7M to $53.1M. Over 4 years (FY 2021 to FY 2025), Europe — CapEx shows an upward trend with a 48.1% CAGR.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2018
Last reportedQ1 2026Apr 28, 2026

How to read this metric

High capital expenditure indicates active growth and network expansion, whereas low expenditure may signal a focus on cash flow generation over growth.

Detailed definition

This measures the cash spent on acquiring, building, or upgrading tower sites and infrastructure within the European seg...

Peer comparison

Comparable to CAPEX intensity metrics used by analysts to evaluate growth investment across the tower industry.

Metric ID: amt_segment_europe_capital_expenditures

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$14.73M$14.73M$14.73M$41.43M$41.43M$41.43M$41.43M$54.5M$54.5M$54.5M$54.5M$50.1M$59.2M$60.4M$79.9M$45.7M$60.8M$89.9M$87.2M$53.1M
QoQ Change+0.0%+0.0%+181.3%+0.0%+0.0%+0.0%+31.6%+0.0%+0.0%+0.0%-8.1%+18.2%+2.0%+32.3%-42.8%+33.0%+47.9%-3.0%-39.1%
YoY Change+181.3%+181.3%+181.3%+31.6%+31.6%+31.6%+31.6%-8.1%+8.6%+10.8%+46.6%-8.8%+2.7%+48.8%+9.1%+16.2%
Range$14.73M$89.9M
CAGR+31.0%
Avg YoY Growth+49.8%
Median YoY Growth+31.6%
Current Streak2 quarters decline

Frequently Asked Questions

What is American Tower's europe — capex?
American Tower (AMT) reported europe — capex of $53.1M in Q1 2026.
How has American Tower's europe — capex changed year-over-year?
American Tower's europe — capex increased by 16.2% year-over-year, from $45.7M to $53.1M.
What is the long-term trend for American Tower's europe — capex?
Over 4 years (2021 to 2025), American Tower's europe — capex has grown at a 48.1% compound annual growth rate (CAGR), from $58.9M to $283.6M.
What does europe — capex mean?
Cash invested in European infrastructure and tower assets.