Company / Capital Expenditures
American Tower Capital Expenditures History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Capital Expenditures
$1.7B
FY2025
5-year range
$1.4B / $1.9B
FY2021-FY2025
Trend
+5.7%
vs FY2024
Sector context
#4 of 41
Real Estate
What the data says
Among 41 Real Estate companies, American Tower is in the top 10% for capital expenditures. Improved from $1.4B to $1.7B over the past 2 years.
Based on SEC 10-K filings.
$1.7B in FY2025 with a 5-year CAGR of +10.2%. Top quartile in the Real Estate sector.
Improved from $1.4B to $1.7B over the past 2 years.
Real Estate sector context is included.
Capital Expenditures over time
Growth rates
- 3-Year CAGR
- -3.6%
- 5-Year CAGR
- +10.2%
- 10-Year CAGR
- -
Sector benchmark
Top 10% in Real EstateTop 10% of 41This company $1.7B Sector average $453.7M
▼
+270.4% above sector average
Key checks
Key Insights
- 5-year CAGR of +10.2%, indicating consistent growth.
- In FY2025, capital expenditures increased 5.7% year-over-year.
- Ranks #4 out of 41 companies in the Real Estate sector.
- Peak capital expenditures was recorded in FY2022.
Company context
Key Data Points
- Altman Z-Score 0.32 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Capital ExpendituresValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $1.7B | +5.7% |
| FY2024 | $1.6B | +15.5% |
| FY2023 | $1.4B | -26.5% |
| FY2022 | $1.9B | +36.1% |
| FY2021 | $1.4B | +33.4% |
| FY2020 | $1.0B | +4.1% |
| FY2019 | $991.3M | +8.6% |
| FY2018 | $913.2M | +13.6% |
| FY2017 | $803.6M | +17.7% |
| FY2016 | $682.5M | -6.3% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026