American Tower Corp
American Tower, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of over 149,000 communications sites and a highly interconnected footprint of U.S. data center facilities.
American Tower Corp (AMT) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.136x
Based on the latest financial reports, American Tower Corp (AMT) has a cash flow conversion efficiency ratio of 0.136x as of September 2025.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($1.46 Billion) by net assets ($10.77 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
American Tower Corp - Cash Flow Conversion Efficiency Trend (1997–2024)
This chart illustrates how American Tower Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
American Tower Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of American Tower Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Blackstone Group Inc
NYSE:BX
|
0.000x |
|
American Tower REIT
LSE:0HEU
|
0.136x |
|
Bank of Nova Scotia
NYSE:BNS
|
-0.070x |
|
ABB Ltd
PINK:ABBNY
|
0.117x |
|
Hermes International SCA
PINK:HESAF
|
0.163x |
|
Automatic Data Processing Inc
NASDAQ:ADP
|
0.177x |
|
Banco Bilbao Vizcaya Argentaria S.A
PINK:BBVXF
|
1.687x |
|
Synopsys Inc
NASDAQ:SNPS
|
0.028x |
Annual Cash Flow Conversion Efficiency for American Tower Corp (1997–2024)
The table below shows the annual cash flow conversion efficiency of American Tower Corp from 1997 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $9.65 Billion | $5.29 Billion | 0.548x | +26.16% |
| 2023-12-31 | $10.87 Billion | $4.72 Billion | 0.435x | +45.91% |
| 2022-12-31 | $12.41 Billion | $3.70 Billion | 0.298x | -43.95% |
| 2021-12-31 | $9.07 Billion | $4.82 Billion | 0.531x | -34.55% |
| 2020-12-31 | $4.78 Billion | $3.88 Billion | 0.812x | +42.52% |
| 2019-12-31 | $6.59 Billion | $3.75 Billion | 0.570x | +4.94% |
| 2018-12-31 | $6.90 Billion | $3.75 Billion | 0.543x | +47.60% |
| 2017-12-31 | $7.95 Billion | $2.93 Billion | 0.368x | +9.75% |
| 2016-12-31 | $8.07 Billion | $2.70 Billion | 0.335x | +3.05% |
| 2015-12-31 | $6.71 Billion | $2.18 Billion | 0.325x | -38.25% |
| 2014-12-31 | $4.05 Billion | $2.13 Billion | 0.527x | +18.23% |
| 2013-12-31 | $3.59 Billion | $1.60 Billion | 0.445x | +16.02% |
| 2012-12-31 | $3.68 Billion | $1.41 Billion | 0.384x | +12.29% |
| 2011-12-31 | $3.41 Billion | $1.17 Billion | 0.342x | +17.36% |
| 2010-12-31 | $3.50 Billion | $1.02 Billion | 0.291x | +14.79% |
| 2009-12-31 | $3.32 Billion | $842.13 Million | 0.254x | -1.61% |
| 2008-12-31 | $3.00 Billion | $773.26 Million | 0.258x | +12.67% |
| 2007-12-31 | $3.03 Billion | $692.68 Million | 0.229x | +61.86% |
| 2006-12-31 | $4.39 Billion | $620.74 Million | 0.141x | +61.54% |
| 2005-12-31 | $4.54 Billion | $397.20 Million | 0.088x | -40.32% |
| 2004-12-31 | $1.48 Billion | $216.70 Million | 0.147x | +62.31% |
| 2003-12-31 | $1.73 Billion | $156.39 Million | 0.090x | +50.94% |
| 2002-12-31 | $1.76 Billion | $105.15 Million | 0.060x | +562.26% |
| 2001-12-31 | $2.88 Billion | $26.07 Million | 0.009x | +204.48% |
| 2000-12-31 | $2.89 Billion | $-25.04 Million | -0.009x | -119.21% |
| 1999-12-31 | $2.15 Billion | $97.01 Million | 0.045x | +167.84% |
| 1998-12-31 | $1.10 Billion | $18.43 Million | 0.017x | -73.90% |
| 1997-12-31 | $153.83 Million | $9.91 Million | 0.064x | -- |