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American Tower AMT Total  Property — 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%
Africa & APAC
$21.9M-51.8%
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 total  property — capex?
American Tower (AMT) reported total  property — capex of $326.2M in Q2 2026.
How has American Tower's total  property — capex changed year-over-year?
American Tower's total  property — capex increased by 5.1% year-over-year, from $310.3M to $326.2M.
What is the long-term trend for American Tower's total  property — capex?
Over 4 years (2021 to 2025), American Tower's total  property — capex has grown at a 5.2% compound annual growth rate (CAGR), from $1.4B to $1.71B.
What does total  property — capex mean?
This represents the cash outflows used to acquire, build, or upgrade the company's communication towers and data center facilities. It is a critical metric for understanding the company's investment in future growth and the maintenance of existing infrastructure. High capital expenditures are typical for companies in the infrastructure sector as they expand their network footprint.