A multilayer capacitor includes a capacitor body including first and second internal electrodes disposed alternately in a width direction; first and second external electrodes spaced apart from each other on a mounting surface; and a first insulating layer disposed between the first and second external electrodes, in which the first and second internal electrodes each include a body portion, a first lead portion extending from the body portion toward the mounting surface and electrically connected to the first and second external electrodes, and a second lead portion extending from the body portion toward a surface of the capacitor body opposing the mounting surface, and the first and second lead portions extend from each body portion in a diagonal direction relative to each other.