American Tower Corp (AMT) — Cash Flow Reinvestment Rate

Latest as of March 2026: 0.32x

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. Explore American Tower Corp capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.

Reinvestment Rate

0.32x
(Capex + Investments) / Operating CF

Total Reinvested

$449.50 Million
Capex + Investments

Operating Cash Flow

$1.40 Billion
USD

Capital Expenditures

$449.50 Million
USD

American Tower Corp Cash Flow Reinvestment Rate (1997–2025)

Historical reinvestment intensity for American Tower Corp across 28 annual periods. Also explore AMT total asset value for the complete picture of this company's asset base.

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 market cap overview.

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
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow