American Tower Corp Financial Flexibility Index

Latest as of March 2026: 0.04x

American Tower Corp financial flexibility index. American Tower Corp (AMT) has a Financial Flexibility Index of 0.04x as of March 2026. Free cash flow of $1.85 Billion (operating CF $1.40 Billion minus capex $449.50 Million) represents 0% of total liabilities ($52.84 Billion). See American Tower Corp free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.

Financial Flexibility Index

0.04x
Free Cash Flow / Total Liabilities

Free Cash Flow

$1.85 Billion
Operating CF − Capex

Total Liabilities

$52.84 Billion
USD

Capital Expenditures

$449.50 Million
USD

Financial Flexibility Index of American Tower Corp (1997–2025)

Financial flexibility index of American Tower Corp from 1997 to 2025. Historical Financial Flexibility Index trend for American Tower Corp across 29 annual periods. Check earnings quality score of American Tower Corp to evaluate the quality of earnings relative to operating cash generation.

American Tower Corp Financial Flexibility Index by Year (1997–2025)

American Tower Corp financial flexibility index by year from 1997 to 2025. Year-by-year free cash flow to debt coverage for American Tower Corp. For the full cash flow conversion analysis, see AMT cash flow conversion.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 0.14x $7.14 Billion $5.46 Billion $52.84 Billion ▲ +1.1%
2024 0.13x $6.88 Billion $5.29 Billion $51.43 Billion ▲ +13.2%
2023 0.12x $6.52 Billion $4.72 Billion $55.16 Billion ▲ +16.3%
2022 0.10x $5.57 Billion $3.70 Billion $54.79 Billion ▼ -0.2%
2021 0.10x $6.20 Billion $4.82 Billion $60.82 Billion ▼ -12.0%
2020 0.12x $4.91 Billion $3.88 Billion $42.45 Billion ▼ -11.7%
2019 0.13x $4.74 Billion $3.75 Billion $36.21 Billion ▼ -26.6%
2018 0.18x $4.66 Billion $3.75 Billion $26.11 Billion ▲ +20.9%
2017 0.15x $3.73 Billion $2.93 Billion $25.26 Billion ▼ -0.5%
2016 0.15x $3.39 Billion $2.70 Billion $22.81 Billion ▲ +2.9%
2015 0.14x $2.91 Billion $2.18 Billion $20.19 Billion ▼ -19.9%
2014 0.18x $3.11 Billion $2.13 Billion $17.28 Billion ▲ +29.2%
2013 0.14x $2.32 Billion $1.60 Billion $16.68 Billion ▼ -26.9%
2012 0.19x $1.98 Billion $1.41 Billion $10.40 Billion ▼ -0.5%
2011 0.19x $1.69 Billion $1.17 Billion $8.82 Billion ▼ -3.9%
2010 0.20x $1.37 Billion $1.02 Billion $6.86 Billion ▼ -5.2%
2009 0.21x $1.09 Billion $842.13 Million $5.19 Billion ▲ +7.8%
2008 0.20x $1.02 Billion $773.26 Million $5.21 Billion ▲ +17.5%
2007 0.17x $847.06 Million $692.68 Million $5.11 Billion ▼ -6.3%
2006 0.18x $747.84 Million $620.74 Million $4.22 Billion ▲ +54.2%
2005 0.11x $485.84 Million $397.20 Million $4.23 Billion ▲ +60.0%
2004 0.07x $258.88 Million $216.70 Million $3.61 Billion ▲ +18.5%
2003 0.06x $217.99 Million $156.39 Million $3.60 Billion ▼ -17.2%
2002 0.07x $285.65 Million $105.15 Million $3.91 Billion ▼ -51.4%
2001 0.15x $594.23 Million $26.07 Million $3.95 Billion ▼ -20.5%
2000 0.19x $523.95 Million $-25.04 Million $2.77 Billion ▼ -58.1%
1999 0.45x $391.25 Million $97.01 Million $865.13 Million ▲ +26.9%
1998 0.36x $144.88 Million $18.43 Million $406.48 Million ▲ +18.5%
1997 0.30x $30.53 Million $9.91 Million $101.52 Million —
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities