American Tower Corp /Ma/ (AMT) FCF Margin (2009 - 2026)
American Tower (AMT) reported FCF Margin of 42.41% for Q2 2026, up 5.22 percentage points from 37.19% a year earlier and up 7.67 percentage points from the prior quarter.
Powered by 
Analysis
American Tower Corp /Ma/ (AMT) FCF Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, American Tower's FCF Margin came in at 36.19%, down 0.27 percentage points year-over-year; for FY2025, it came in at 35.54%, down 1.00 percentage points from FY2024.
- FCF Margin has a five-year change of +0.11 percentage points (FY2020 to FY2025).
- By year, FCF Margin came in at 36.54% in FY2024 (+7.33 pp), 29.21% in FY2023 (+10.31 pp), 18.90% in FY2022 (-17.90 pp) and 36.80% in FY2021 (+1.36 pp).
- The Q2 2026 figure ranks as the highest quarterly FCF Margin since Q3 2021.
- Year over year, FCF Margin gained in five of the last eight quarters, with an average year-over-year change of +1.05 percentage points.
- The high point for year-over-year FCF Margin in five years was Q3 2021 (a gain of 37.03 percentage points); the low point was Q3 2022 (a drop of 54.91 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 34.74% (Q1 2026), 30.99% (Q4 2025) and 36.60% (Q3 2025).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 42.41% |
| Mar 31, 2026 | 34.74% |
| Dec 31, 2025 | 30.99% |
| Sep 30, 2025 | 36.60% |
| Jun 30, 2025 | 37.19% |
| Mar 31, 2025 | 37.61% |
| Dec 31, 2024 | 29.66% |
| Sep 30, 2024 | 41.42% |
| Jun 30, 2024 | 39.82% |
| Mar 31, 2024 | 35.30% |
| Dec 31, 2023 | 25.13% |
| Sep 30, 2023 | 36.09% |
| Jun 30, 2023 | 31.36% |
| Mar 31, 2023 | 24.15% |
| Dec 31, 2022 | 32.14% |
| Sep 30, 2022 | 17.71% |
| Jun 30, 2022 | 20.39% |
| Mar 31, 2022 | 10.43% |
| Dec 31, 2021 | 8.95% |
| Sep 30, 2021 | 72.62% |
API Access
American Tower Corp /Ma/ FCF Margin 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=fcf-margin&ticker=AMT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=AMT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();