American Tower Corp Cash Flow Conversion Efficiency
American Tower Corp cash flow conversion efficiency. Based on the latest financial reports, American Tower Corp (AMT) has a cash flow conversion efficiency ratio of 0.135x as of March 2026. 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 ($1.40 Billion) by net assets ($10.36 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of American Tower Corp (1997–2025)
Cash flow conversion efficiency of American Tower Corp from 1997 to 2025. This chart illustrates how American Tower Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. View American Tower Corp stock quote for real-time trading data and today's change.
American Tower Corp Cash Flow Conversion Ratio Explained
American Tower Corp cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see American Tower Corp market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Corning Incorporated
NYSE:GLW
|
0.029x |
|
Westpac Banking Corporation
AU:WBC
|
0.157x |
|
Marsh & McLennan Companies Inc
NYSE:MMC
|
0.152x |
|
CSX Corporation
NASDAQ:CSX
|
0.094x |
|
Comcast Corp
NASDAQ:CMCSA
|
0.078x |
|
Zijin Mining Group Co Ltd Class A
SHG:601899
|
0.106x |
|
Emerson Electric Company
NYSE:EMR
|
0.142x |
|
KKR & Co. Inc.
NYSE:KKR
|
0.024x |
Annual Cash Flow Conversion Efficiency for American Tower Corp (1997–2025)
The table below shows the annual cash flow conversion efficiency of American Tower Corp from 1997 to 2025. Review AMT cash flow after capex ratio to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $10.36 Billion | $5.46 Billion | 0.528x | -3.77% |
| 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 | -- |
About American Tower Corp
American Tower Corporation is one of the largest global real estate investment trusts. It is a leading independent owner, operator and developer of multitenant communications real estate. The Company's primary business is the leasing of space on communications sites to wireless service providers, radio and television broadcast companies, wireless data providers, government agencies and municipali… Read more