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

American Tower has disclosed FCF Margin across 18 years of filings, most recently posting 34.74% for Q1 2026.

• FCF Margin for Q1 2026 came in at 34.74%, down 287.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 34.85% (down 226.0% YoY), and the FY2025 annual result was 35.54%, down 100.0% from the prior year.
• FCF Margin came in at 34.74% for Q1 2026 at American Tower, up from 30.99% in the prior quarter.
• In the past five years, FCF Margin ranged from a high of 41.42% in Q3 2024 to a low of 10.43% in Q1 2022.
• The 5-year median for FCF Margin is 32.14% (2022), against an average of 30.63%.
• Peak annual rise in FCF Margin reached 2318 bps in 2022, while the deepest fall reached 5491 bps in 2022.
• American Tower's 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 grew by 12 bps to 34.74% in 2026.
• The last three FCF Margin figures came in at 34.74% (Q1 2026), 30.99% (Q4 2025), and 36.6% (Q3 2025), per Business Quant data.