American Tower (AMT) FCF Margin (2009 - 2026)
American Tower (AMT) reported FCF Margin of 47.17% for Q1 2026, up 956.0% on a YoY basis from 4.47% in Q1 2025, and up 52.23% sequentially from 30.99% in Q4 2025.
American Tower (AMT) FCF Margin (2009 - 2026) Analysis & Trends
American Tower (AMT) has 18 years of FCF Margin data on file, last reported at 47.17% in Q1 2026.
- For the quarter ending Q1 2026, FCF Margin rose 956.0% year-over-year to 47.17%; the trailing twelve-month figure through Mar 2026 stood at 38.0% (up 380.0% YoY), and the FY2025 full-year result was 35.54%, down 100.0% from the prior year.
- FCF Margin improved to 47.17% in Q1 2026, from 30.99% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 75.97% in Q3 2023 to a low of 23.14% in Q4 2022.
- A 5-year average of 30.07% and a median of 36.6% in 2025 frame the typical range for FCF Margin.
- Across the five-year window, FCF Margin plunged 3362 bps in 2022 and jumped 4122 bps in 2025, its largest moves.
- Tracing AMT's FCF Margin over 5 years: stood at 23.14% in 2022, then soared by 32 bps to 15.8% in 2023, then surged by 35 bps to 10.23% in 2024, then jumped by 403 bps to 30.99% in 2025, then soared by 52 bps to 47.17% in 2026.
- Business Quant data shows AMT's FCF Margin at 47.17% in Q1 2026, 30.99% in Q4 2025, and 36.6% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 102.00 Bn | 98.94 Bn | 1.26 Bn | -22.05% |
| 2 | American Tower | 76.76 Bn | 83.27 Bn | 2.70 Bn | 47.17% |
| 3 | Digital Realty Trust | 61.91 Bn | 61.08 Bn | - | -20.65% |
| 4 | Iron Mountain | 37.06 Bn | 37.09 Bn | 1.05 Bn | 1.89% |
| 5 | Crown Castle | 32.50 Bn | 32.44 Bn | 23.00 Mn | 922.45% |
| 6 | Sba Communications | 18.50 Bn | 18.59 Bn | 532.10 Mn | 29.38% |
| 7 | Weyerhaeuser | 17.05 Bn | 16.75 Bn | 318.00 Mn | 1.68% |
| 8 | Lamar Advertising | 15.99 Bn | 15.96 Bn | 344.69 Mn | 21.64% |
| 9 | Gaming & Leisure Properties | 12.58 Bn | 12.98 Bn | - | 37.80% |
| 10 | Rayonier | 6.43 Bn | 5.79 Bn | 46.45 Mn | 10.87% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 47.17% |
| Dec 31, 2025 | 30.99% |
| Sep 30, 2025 | 36.60% |
| Jun 30, 2025 | 37.19% |
| Mar 31, 2025 | 37.61% |
| Dec 31, 2024 | -10.23% |
| Sep 30, 2024 | 57.82% |
| Jun 30, 2024 | 51.82% |
| Mar 31, 2024 | 47.13% |
| Dec 31, 2023 | -15.80% |
| Sep 30, 2023 | 75.97% |
| Jun 30, 2023 | 31.36% |
| Mar 31, 2023 | 24.15% |
| Dec 31, 2022 | -23.14% |
| Sep 30, 2022 | 51.63% |
| Jun 30, 2022 | 12.36% |
| Mar 31, 2022 | 18.50% |
| Dec 31, 2021 | 8.95% |
| Sep 30, 2021 | 57.01% |
| Jun 30, 2021 | 45.98% |