American Tower (AMT) EV to FCF (2009 - 2026)
American Tower's (AMT) quarterly EV to FCF came in at 69.46 in Q2 2026, down 37.27% year-over-year from 110.73 in Q2 2025, and down 22.68% quarter-over-quarter from 89.83 in Q1 2026.
Analysis
American Tower (AMT) EV to FCF (2009 - 2026) Analysis & Trends
American Tower has disclosed EV to FCF across 18 years of filings, most recently posting 69.46 for Q2 2026.
- In Q2 2026, EV to FCF fell 37.27% year-over-year to 69.46; the TTM figure through Jun 2026 stood at 20.45 (down 29.27% YoY), while the FY2025 annual figure was 23.02, down 5.34% from the prior year.
- EV to FCF came in at 69.46 for Q2 2026 at American Tower, down from 89.83 in the prior quarter.
- In the past five years, EV to FCF ranged from a high of 420.08 in Q1 2022 to a low of 69.46 in Q2 2026.
- Average EV to FCF over 5 years is 145.16, with a median of 110.44 recorded in 2025.
- The largest YoY upside for EV to FCF was 221.69% in 2022 against a maximum downside of 68.09% in 2022.
- Over 5 years, EV to FCF stood at 197.29 in 2022, then decreased by 13.31% to 171.03 in 2023, then sank by 30.37% to 119.1 in 2024, then decreased by 13.79% to 102.68 in 2025, then slumped by 32.35% to 69.46 in 2026.
- Per Business Quant data, the three most recent EV to FCF figures were 69.46 in Q2 2026, 89.83 in Q1 2026, and 102.68 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | American Tower | 81.13 Bn | 79.37 Bn | 2.72 Bn |
| 2 | Crown Castle | 32.34 Bn | 31.29 Bn | 989.00 Mn |
| 3 | Sba Communications | 19.50 Bn | 19.50 Bn | 539.27 Mn |
| 4 | Array Digital Infrastructure | 3.31 Bn | 2.89 Bn | 30.57 Mn |
| 5 | IHS Holding | 2.84 Bn | 1.76 Bn | 207.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 69.46 |
| Mar 31, 2026 | 89.83 |
| Dec 31, 2025 | 102.68 |
| Sep 30, 2025 | 95.45 |
| Jun 30, 2025 | 110.73 |
| Mar 31, 2025 | 110.14 |
| Dec 31, 2024 | 119.10 |
| Sep 30, 2024 | 108.23 |
| Jun 30, 2024 | 93.95 |
| Mar 31, 2024 | 108.99 |
| Dec 31, 2023 | 171.03 |
| Sep 30, 2023 | 89.43 |
| Jun 30, 2023 | 120.77 |
| Mar 31, 2023 | 164.76 |
| Dec 31, 2022 | 197.29 |
| Sep 30, 2022 | 219.57 |
| Jun 30, 2022 | 221.39 |
| Mar 31, 2022 | 420.08 |
| Dec 31, 2021 | 618.33 |
| Sep 30, 2021 | 68.26 |