American Tower Corp Capital Reinvestment Ratio

Latest as of March 2026: 0.32x

American Tower Corp capital reinvestment ratio. American Tower Corp (AMT) has a Capital Reinvestment Ratio of 0.32x as of March 2026, meaning it reinvests 0% of its operating cash flow ($1.40 Billion) in capital expenditures ($449.50 Million). Check cash flow reinvestment rate of American Tower Corp to assess the company's total reinvestment commitment from operating cash flow.

Capital Reinvestment Ratio

0.32x
Capex / Operating Cash Flow

Operating Cash Flow

$1.40 Billion
USD

Capital Expenditures

$449.50 Million
USD

Data as of

Mar 2026
Most recent filing

Capital Reinvestment Ratio of American Tower Corp (1997–2025)

Capital reinvestment ratio of American Tower Corp from 1997 to 2025. This chart tracks American Tower Corp's Capital Reinvestment Ratio across 28 annual periods. Also explore net asset growth rate of American Tower Corp to track the company's year-over-year net asset growth rate.

American Tower Corp Capital Reinvestment Ratio by Year (1997–2025)

American Tower Corp capital reinvestment ratio by year from 1997 to 2025. For the full cash flow conversion analysis, see American Tower Corp operating cash flow efficiency.

Year Reinvestment Ratio Operating CF (USD) Capital Expenditures YoY Change
2025 0.31x $5.46 Billion $1.68 Billion ▲ +2.3%
2024 0.30x $5.29 Billion $1.59 Billion ▼ -21.1%
2023 0.38x $4.72 Billion $1.80 Billion ▼ -24.9%
2022 0.51x $3.70 Billion $1.87 Billion ▲ +77.5%
2021 0.29x $4.82 Billion $1.38 Billion ▲ +7.5%
2020 0.27x $3.88 Billion $1.03 Billion ▲ +0.6%
2019 0.26x $3.75 Billion $991.30 Million ▲ +8.4%
2018 0.24x $3.75 Billion $913.20 Million ▼ -11.3%
2017 0.27x $2.93 Billion $803.60 Million ▲ +8.8%
2016 0.25x $2.70 Billion $682.50 Million ▼ -24.4%
2015 0.33x $2.18 Billion $728.75 Million ▼ -26.9%
2014 0.46x $2.13 Billion $974.40 Million ▲ +0.7%
2013 0.45x $1.60 Billion $724.53 Million ▲ +12.8%
2012 0.40x $1.41 Billion $568.05 Million ▼ -10.5%
2011 0.45x $1.17 Billion $523.01 Million ▲ +32.1%
2010 0.34x $1.02 Billion $346.66 Million ▲ +14.3%
2009 0.30x $842.13 Million $250.26 Million ▼ -5.6%
2008 0.31x $773.26 Million $243.48 Million ▲ +41.3%
2007 0.22x $692.68 Million $154.38 Million ▲ +8.9%
2006 0.20x $620.74 Million $127.10 Million ▼ -8.2%
2005 0.22x $397.20 Million $88.64 Million ▲ +14.6%
2004 0.19x $216.70 Million $42.18 Million ▼ -50.6%
2003 0.39x $156.39 Million $61.61 Million ▼ -77.1%
2002 1.72x $105.15 Million $180.50 Million ▼ -92.1%
2001 21.79x $26.07 Million $568.16 Million ▲ +618.5%
1999 3.03x $97.01 Million $294.24 Million ▼ -55.8%
1998 6.86x $18.43 Million $126.45 Million ▲ +230.0%
1997 2.08x $9.91 Million $20.61 Million —
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow