American Tower Corp (AMT) - 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. See American Tower Corp (AMT) net asset quality to measure how much of total assets are equity-financed.
American Tower Corp - Cash Flow Conversion Efficiency Trend (1997–2025)
This chart illustrates how American Tower Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check American Tower Corp cash earnings quality to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Moodys Corporation
NYSE:MCO
|
0.299x |
|
ICICI Bank Limited
F:ICBA
|
0.050x |
|
Intercontinental Exchange Inc
NYSE:ICE
|
0.045x |
|
Illinois Tool Works Inc
NYSE:ITW
|
0.299x |
|
Glencore PLC
JSE:GLN
|
0.089x |
|
IND.+COMM.BK CHINA ADR/20
F:ICKB
|
0.325x |
|
AXA SA
F:AXAA
|
0.049x |
|
ESSILORLUXOTTICA 1/2/O.N.
F:ESLC
|
N/A |
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. For the full company profile with market capitalisation and key ratios, see American Tower Corp stock valuation.
| 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