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. Check American Tower Corp cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
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. Explore AMT long-term asset investment ratio to see how much of total assets are deployed in long-term investments.
Annual Cash Flow Reinvestment Rate for American Tower Corp (1997–2025)
Year-by-year capital reinvestment analysis for American Tower Corp. For live market cap and broader valuation context, see AMT stock market capitalisation.
| 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 | — |