American Tower (AMT) Cash from Operations (2009 - 2026)
American Tower (AMT) reported Cash from Operations of $1.49 billion for Q2 2026, up 16.0% from $1.28 billion a year earlier and up 6.2% from the prior quarter.
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Analysis
American Tower (AMT) Cash from Operations (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, American Tower's Cash from Operations came in at $5.77 billion, up 10.1% year-over-year; for FY2025, it came in at $5.46 billion, up 3.3% from FY2024.
- Cash from Operations has increased for three consecutive years, with a five-year compound annual growth rate of 7.1% (FY2020 to FY2025).
- By year, Cash from Operations came in at $5.29 billion in FY2024 (+12.0%), $4.72 billion in FY2023 (+27.8%), $3.7 billion in FY2022 (-23.3%) and $4.82 billion in FY2021 (+24.2%).
- The Q2 2026 figure ranks as the highest quarterly Cash from Operations since Q3 2021.
- Year over year, Cash from Operations has now increased in each of the last three quarters, with growth averaging 7.2% over the last eight quarters.
- The high point for year-over-year Cash from Operations in five years was Q3 2021 (growth of 118.3%); the low point was Q3 2022 (a decline of 55.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $1.4 billion (Q1 2026), $1.43 billion (Q4 2025) and $1.46 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | American Tower | 76.26 Bn | 75.99 Bn | 2.72 Bn | 1.49 Bn |
| 2 | Digital Realty Trust | 64.98 Bn | 55.50 Bn | - | 1.06 Bn |
| 3 | Crown Castle | 28.39 Bn | 27.14 Bn | 989.00 Mn | 531.00 Mn |
| 4 | Sba Communications | 16.99 Bn | 17.07 Bn | 539.27 Mn | 407.18 Mn |
| 5 | Lamar Advertising | 12.56 Bn | 12.38 Bn | 422.53 Mn | 252.42 Mn |
| 6 | OUTFRONT Media | 4.89 Bn | 4.65 Bn | 276.40 Mn | 108.40 Mn |
| 7 | Array Digital Infrastructure | 2.92 Bn | 1.81 Bn | 30.57 Mn | -43.47 Mn |
| 8 | IHS Holding | 2.80 Bn | -57.74 Mn | 207.10 Mn | 150.00 Mn |
| 9 | Fermi | 2.69 Bn | 1.82 Bn | - | -48.67 Mn |
| 10 | Clear Channel Outdoor Holdings | 1.20 Bn | 488.27 Mn | 241.86 Mn | 44.61 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.49 Bn |
| Mar 31, 2026 | 1.40 Bn |
| Dec 31, 2025 | 1.43 Bn |
| Sep 30, 2025 | 1.46 Bn |
| Jun 30, 2025 | 1.28 Bn |
| Mar 31, 2025 | 1.30 Bn |
| Dec 31, 2024 | 1.20 Bn |
| Sep 30, 2024 | 1.47 Bn |
| Jun 30, 2024 | 1.34 Bn |
| Mar 31, 2024 | 1.28 Bn |
| Dec 31, 2023 | 1.14 Bn |
| Sep 30, 2023 | 1.30 Bn |
| Jun 30, 2023 | 1.21 Bn |
| Mar 31, 2023 | 1.07 Bn |
| Dec 31, 2022 | 1.19 Bn |
| Sep 30, 2022 | 932.30 Mn |
| Jun 30, 2022 | 915.30 Mn |
| Mar 31, 2022 | 663.60 Mn |
| Dec 31, 2021 | 678.90 Mn |
| Sep 30, 2021 | 2.10 Bn |
API Access
American Tower Cash from Operations 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=cash-from-operations&ticker=AMT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "AMT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=AMT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();