American Tower Corp (AMT) — Cash Flow Reinvestment Rate
American Tower Corp (AMT) has a Cash Flow Reinvestment Rate of 0.32x as of March 2026, reinvesting $449.50 Million (capex $449.50 Million ) from operating cash flow of $1.40 Billion. See American Tower Corp (AMT) free cash flow to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
American Tower Corp Cash Flow Reinvestment Rate (1997–2025)
Historical reinvestment intensity for American Tower Corp across 28 annual periods. For the full cash flow conversion analysis, see AMT cash flow conversion.
Annual Cash Flow Reinvestment Rate for American Tower Corp (1997–2025)
Year-by-year capital reinvestment analysis for American Tower Corp. See AMT FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.36x | $1.98 Billion | $5.46 Billion | $1.68 Billion | ▼ -4.4% |
| 2024 | 0.38x | $2.00 Billion | $5.29 Billion | $1.59 Billion | ▼ -53.2% |
| 2023 | 0.81x | $3.81 Billion | $4.72 Billion | $1.80 Billion | ▼ -29.4% |
| 2022 | 1.14x | $4.23 Billion | $3.70 Billion | $1.87 Billion | ▲ +297.5% |
| 2021 | 0.29x | $1.39 Billion | $4.82 Billion | $1.38 Billion | ▲ +6.3% |
| 2020 | 0.27x | $1.05 Billion | $3.88 Billion | $1.03 Billion | ▼ -0.2% |
| 2019 | 0.27x | $1.02 Billion | $3.75 Billion | $991.30 Million | ▲ +0.7% |
| 2018 | 0.27x | $1.01 Billion | $3.75 Billion | $913.20 Million | ▼ -3.6% |
| 2017 | 0.28x | $818.30 Million | $2.93 Billion | $803.60 Million | ▲ +8.8% |
| 2016 | 0.26x | $694.81 Million | $2.70 Billion | $682.50 Million | ▼ -24.0% |
| 2015 | 0.34x | $738.26 Million | $2.18 Billion | $728.75 Million | ▼ -28.8% |
| 2014 | 0.47x | $1.01 Billion | $2.13 Billion | $974.40 Million | ▲ +4.0% |
| 2013 | 0.46x | $730.09 Million | $1.60 Billion | $724.53 Million | ▲ +9.4% |
| 2012 | 0.42x | $590.42 Million | $1.41 Billion | $568.05 Million | ▼ -6.9% |
| 2011 | 0.45x | $523.01 Million | $1.17 Billion | $523.01 Million | ▲ +21.4% |
| 2010 | 0.37x | $377.14 Million | $1.02 Billion | $346.66 Million | ▲ +24.3% |
| 2009 | 0.30x | $250.26 Million | $842.13 Million | $250.26 Million | ▼ -5.6% |
| 2008 | 0.31x | $243.48 Million | $773.26 Million | $243.48 Million | ▲ +41.3% |
| 2007 | 0.22x | $154.38 Million | $692.68 Million | $154.38 Million | ▲ +8.9% |
| 2006 | 0.20x | $127.10 Million | $620.74 Million | $127.10 Million | ▼ -8.2% |
| 2005 | 0.22x | $88.64 Million | $397.20 Million | $88.64 Million | ▲ +14.6% |
| 2004 | 0.19x | $42.18 Million | $216.70 Million | $42.18 Million | ▼ -50.6% |
| 2003 | 0.39x | $61.61 Million | $156.39 Million | $61.61 Million | ▼ -77.1% |
| 2002 | 1.72x | $180.50 Million | $105.15 Million | $180.50 Million | ▼ -92.1% |
| 2001 | 21.79x | $568.16 Million | $26.07 Million | $568.16 Million | ▲ +618.5% |
| 1999 | 3.03x | $294.24 Million | $97.01 Million | $294.24 Million | ▼ -55.8% |
| 1998 | 6.86x | $126.45 Million | $18.43 Million | $126.45 Million | ▲ +230.0% |
| 1997 | 2.08x | $20.61 Million | $9.91 Million | $20.61 Million | — |