Array Digital Infrastructure (AD) Price to FCF (2010 - 2026)
Array Digital Infrastructure's Price to FCF was 122.60 in Q1 2026, compared with 6.21 a year earlier and up 359.6% from the prior quarter.
Powered by 
Analysis
Array Digital Infrastructure (AD) Price to FCF (2010 - 2026) Analysis & Trends
For FY2025, Price to FCF at Array Digital Infrastructure came in at 26.67, up 332.3% from FY2024.
- In earlier years, Price to FCF was 6.17 in FY2024 (+44.4%), 4.27 in FY2023 (-44.5%), 7.71 in FY2022 (-77.8%) and 34.75 in FY2021 (+226.5%).
- The Q1 2026 figure marks the highest quarterly Price to FCF since Q4 2017.
- Compared with a year earlier, Price to FCF was higher in five of the last six quarters, with growth averaging 93.5%.
- The best year-over-year quarter for Price to FCF over five years was Q4 2025 (growth of 332.3%); the worst was Q4 2022 (a decline of 77.8%).
- Per Business Quant data, AD's Price to FCF in the three quarters before Q1 2026 was 26.67 (Q4 2025), 8.64 (Q3 2025) and 5.04 (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | American Tower | 75.07 Bn | 74.81 Bn | 2.72 Bn |
| 2 | Digital Realty Trust | 65.30 Bn | 55.82 Bn | - |
| 3 | Crown Castle | 28.16 Bn | 26.91 Bn | 989.00 Mn |
| 4 | Sba Communications | 16.76 Bn | 16.85 Bn | 539.27 Mn |
| 5 | Lamar Advertising | 12.49 Bn | 12.31 Bn | 422.53 Mn |
| 6 | OUTFRONT Media | 4.94 Bn | 4.70 Bn | 276.40 Mn |
| 7 | Array Digital Infrastructure | 2.95 Bn | 1.85 Bn | 30.57 Mn |
| 8 | IHS Holding | 2.80 Bn | -64.45 Mn | 207.10 Mn |
| 9 | Fermi | 2.58 Bn | 1.72 Bn | - |
| 10 | Clear Channel Outdoor Holdings | 1.22 Bn | 508.64 Mn | 241.86 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 122.60 |
| Dec 31, 2025 | 26.67 |
| Sep 30, 2025 | 8.64 |
| Jun 30, 2025 | 5.04 |
| Mar 31, 2025 | 6.21 |
| Dec 31, 2024 | 6.17 |
| Sep 30, 2024 | 3.59 |
| Jun 30, 2024 | 4.65 |
| Mar 31, 2024 | 2.95 |
| Dec 31, 2023 | 4.27 |
| Sep 30, 2023 | 14.49 |
| Dec 31, 2022 | 7.71 |
| Sep 30, 2022 | 20.11 |
| Jun 30, 2022 | 8.71 |
| Mar 31, 2022 | 10.48 |
| Dec 31, 2021 | 34.75 |
| Sep 30, 2021 | 13.78 |
| Jun 30, 2021 | 28.98 |
| Mar 31, 2021 | 14.80 |
| Dec 31, 2020 | 10.64 |
API Access
Array Digital Infrastructure Price to FCF API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-fcf&ticker=AD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-fcf", "ticker": "AD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-fcf&ticker=AD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();