American Tower Corp (AMT) — 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). See how liquid is American Tower Corp's working capital to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
American Tower Corp Free Cash Flow Generation Index (1997–2025)
Historical FCF Generation Index trend for American Tower Corp across 28 annual periods. Explore debt repayment capacity of American Tower Corp to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for American Tower Corp (1997–2025)
Year-by-year Free Cash Flow Generation Index for American Tower Corp. For the full company profile including market capitalisation, see American Tower Corp (AMT) total market value.
| 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 | — |