American Tower Corp Free Cash Flow Generation Index

Latest as of March 2026: 0.68x

American Tower Corp free cash flow generation index. American Tower Corp (AMT) has a Free Cash Flow Generation Index of 0.68x as of March 2026. Free cash flow of $951.10 Million represents 1% of operating cash flow ($1.40 Billion).

FCF Generation Index

0.68x
Free Cash Flow / Operating CF

Free Cash Flow

$951.10 Million
USD

Operating Cash Flow

$1.40 Billion
USD

Capital Expenditures

$449.50 Million
USD

Free Cash Flow Generation Index of American Tower Corp (1997–2025)

Free cash flow generation index of American Tower Corp from 1997 to 2025. Historical FCF Generation Index trend for American Tower Corp across 28 annual periods. See how financially flexible is American Tower Corp to measure the company's free cash flow as a share of total liabilities.

American Tower Corp Free Cash Flow Generation Index by Year (1997–2025)

American Tower Corp free cash flow generation index by year from 1997 to 2025. Year-by-year Free Cash Flow Generation Index for American Tower Corp. For the full cash flow conversion analysis, see AMT cash flow metrics.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 0.69x $3.78 Billion $5.46 Billion $1.68 Billion ▼ -1.0%
2024 0.70x $3.70 Billion $5.29 Billion $1.59 Billion ▲ +13.0%
2023 0.62x $2.92 Billion $4.72 Billion $1.80 Billion ▲ +25.6%
2022 0.49x $1.82 Billion $3.70 Billion $1.87 Billion ▼ -31.0%
2021 0.71x $3.44 Billion $4.82 Billion $1.38 Billion ▼ -2.7%
2020 0.73x $2.85 Billion $3.88 Billion $1.03 Billion ▼ -0.2%
2019 0.74x $2.76 Billion $3.75 Billion $991.30 Million ▼ -2.7%
2018 0.76x $2.84 Billion $3.75 Billion $913.20 Million ▲ +4.3%
2017 0.73x $2.12 Billion $2.93 Billion $803.60 Million ▼ -3.0%
2016 0.75x $2.02 Billion $2.70 Billion $682.50 Million ▲ +12.2%
2015 0.67x $1.45 Billion $2.18 Billion $728.75 Million ▲ +22.6%
2014 0.54x $1.16 Billion $2.13 Billion $974.40 Million ▼ -0.6%
2013 0.55x $874.51 Million $1.60 Billion $724.53 Million ▼ -8.6%
2012 0.60x $846.34 Million $1.41 Billion $568.05 Million ▲ +8.5%
2011 0.55x $642.93 Million $1.17 Billion $523.01 Million ▼ -16.5%
2010 0.66x $674.31 Million $1.02 Billion $346.66 Million ▼ -6.0%
2009 0.70x $591.86 Million $842.13 Million $250.26 Million ▲ +2.6%
2008 0.69x $529.77 Million $773.26 Million $243.48 Million ▼ -11.8%
2007 0.78x $538.30 Million $692.68 Million $154.38 Million ▼ -2.3%
2006 0.80x $493.64 Million $620.74 Million $127.10 Million ▲ +2.4%
2005 0.78x $308.57 Million $397.20 Million $88.64 Million ▼ -3.5%
2004 0.81x $174.52 Million $216.70 Million $42.18 Million ▲ +32.9%
2003 0.61x $94.78 Million $156.39 Million $61.61 Million ▲ +184.6%
2002 -0.72x $-75.35 Million $105.15 Million $180.50 Million ▲ +96.6%
2001 -20.79x $-542.09 Million $26.07 Million $568.16 Million ▼ -922.8%
1999 -2.03x $-197.23 Million $97.01 Million $294.24 Million ▲ +65.3%
1998 -5.86x $-108.03 Million $18.43 Million $126.45 Million ▼ -442.9%
1997 -1.08x $-10.70 Million $9.91 Million $20.61 Million —
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).