American Tower Corp (AMT) — Cash Flow Quality Index
American Tower Corp (AMT) has a Cash Flow Quality Index of 1.63x as of March 2026. Operating cash flow of $1.40 Billion exceeds net income of $859.50 Million, indicating high earnings quality where cash backs reported profits. Explore American Tower Corp cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
American Tower Corp Cash Flow Quality Index (2006–2025)
Historical Cash Flow Quality Index for American Tower Corp across 20 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see AMT operating cash flow.
Annual Cash Flow Quality Index for American Tower Corp (2006–2025)
Year-by-year earnings quality comparison for American Tower Corp.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 2.08x | $5.46 Billion | $2.63 Billion | ▼ -10.4% |
| 2024 | 2.32x | $5.29 Billion | $2.28 Billion | ▼ -32.8% |
| 2023 | 3.45x | $4.72 Billion | $1.37 Billion | ▲ +58.6% |
| 2022 | 2.18x | $3.70 Billion | $1.70 Billion | ▲ +16.0% |
| 2021 | 1.88x | $4.82 Billion | $2.57 Billion | ▼ -18.2% |
| 2020 | 2.29x | $3.88 Billion | $1.69 Billion | ▲ +17.2% |
| 2019 | 1.96x | $3.75 Billion | $1.92 Billion | ▼ -33.9% |
| 2018 | 2.96x | $3.75 Billion | $1.26 Billion | ▲ +24.1% |
| 2017 | 2.39x | $2.93 Billion | $1.23 Billion | ▼ -14.3% |
| 2016 | 2.79x | $2.70 Billion | $970.36 Million | ▼ -14.2% |
| 2015 | 3.25x | $2.18 Billion | $672.01 Million | ▲ +22.2% |
| 2014 | 2.66x | $2.13 Billion | $803.20 Million | ▼ -19.9% |
| 2013 | 3.32x | $1.60 Billion | $482.21 Million | ▲ +39.3% |
| 2012 | 2.38x | $1.41 Billion | $594.02 Million | ▼ -22.0% |
| 2011 | 3.05x | $1.17 Billion | $381.84 Million | ▲ +11.7% |
| 2010 | 2.73x | $1.02 Billion | $373.61 Million | ▼ -19.8% |
| 2009 | 3.41x | $842.13 Million | $247.13 Million | ▲ +53.0% |
| 2008 | 2.23x | $773.26 Million | $347.25 Million | ▼ -81.9% |
| 2007 | 12.30x | $692.68 Million | $56.32 Million | ▼ -45.5% |
| 2006 | 22.59x | $620.74 Million | $27.48 Million | — |