American Tower (AMT) FCF Margin (2009 - 2026)

American Tower has disclosed FCF Margin across 18 years of filings, most recently posting 42.41% for Q2 2026.

• In Q2 2026, FCF Margin rose 522.0% year-over-year to 42.41%; the TTM figure through Jun 2026 stood at 36.19% (down 27.0% YoY), while the FY2025 annual figure was 35.54%, down 100.0% from the prior year.
• FCF Margin came in at 42.41% for Q2 2026 at American Tower, up from 34.74% in the prior quarter.
• In the past five years, FCF Margin ranged from a high of 42.41% in Q2 2026 to a low of 10.43% in Q1 2022.
• Average FCF Margin over 5 years is 31.28%, with a median of 33.44% recorded in 2022.
• The largest YoY upside for FCF Margin was 2318 bps in 2022 against a maximum downside of 5491 bps in 2022.
• Over 5 years, FCF Margin stood at 32.14% in 2022, then dropped by 22 bps to 25.13% in 2023, then increased by 18 bps to 29.66% in 2024, then climbed by 4 bps to 30.99% in 2025, then jumped by 37 bps to 42.41% in 2026.
• Per Business Quant data, the three most recent FCF Margin figures were 42.41% in Q2 2026, 34.74% in Q1 2026, and 30.99% in Q4 2025.