American Tower Corp (AMT) — 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). See AMT net asset quality index to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
American Tower Corp Capital Reinvestment Ratio (1997–2025)
This chart tracks American Tower Corp's Capital Reinvestment Ratio across 28 annual periods. Check AMT total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
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 AMT market cap overview.
| 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 | — |