American Tower Corp (AMT) — Capital Reinvestment Ratio
Latest as of March 2026:
0.32x
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). See cash generation quality of American Tower Corp to measure how efficiently the company converts operating cash flow to free cash.
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
American Tower Corp Capital Reinvestment Ratio (1997–2025)
This chart tracks American Tower Corp's Capital Reinvestment Ratio across 28 annual periods.
Annual Capital Reinvestment Ratio for American Tower Corp (1997–2025)
Year-by-year Capital Reinvestment Ratio for American Tower Corp from 1997 to 2025. For live market cap and broader valuation context, see American Tower Corp market capitalisation.
| 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