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American Tower AMT U.S. & Canada — CapEx

Other segment segments

Data Centers
$115.3M+21.4%
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 U.S. & canada — capex?
American Tower (AMT) reported U.S. & canada — capex of $80.2M in Q2 2026.
How has American Tower's U.S. & canada — capex changed year-over-year?
American Tower's U.S. & canada — capex increased by 4.7% year-over-year, from $76.6M to $80.2M.
What is the long-term trend for American Tower's U.S. & canada — capex?
Over 4 years (2021 to 2025), American Tower's U.S. & canada — capex has grown at a -2.6% compound annual growth rate (CAGR), from $440.1M to $395.5M.
What does U.S. & canada — capex mean?
This measures the cash spent on acquiring, building, or upgrading tower sites and data centers within the U.S. and Canada. It is a key indicator of the company's investment in future growth and infrastructure maintenance.