KPIs & Operating Metrics(New)
Growth Metrics

American Tower (AMT) FCF Payout Ratio (2011 - 2026)

American Tower recorded quarterly FCF Payout Ratio of 0.03 in Q1 2026, down 79.5% quarter-over-quarter from 0.15 in Q4 2025, and up 4.49% year-over-year from 0.03 in Q1 2025.

American Tower's FCF Payout Ratio history runs 16 years deep, the most recent figure standing at 0.03 for Q1 2026.

  • In Q1 2026, FCF Payout Ratio rose 4.49% year-over-year to 0.03; the TTM figure through Mar 2026 stood at 0.07 (up 11.73% YoY), while the FY2025 annual figure was 0.07, down 32.23% from the prior year.
  • FCF Payout Ratio came in at 0.03 for Q1 2026 at American Tower, down from 0.15 in the prior quarter.
  • In the past five years, FCF Payout Ratio ranged from a high of 2.31 in Q1 2022 to a low of 3.67 in Q4 2022.
  • A 5-year average of 0.09 and a median of 0.03 in 2025 frame the typical range for FCF Payout Ratio.
  • On a YoY basis, FCF Payout Ratio climbed as much as 21805.35% in 2022 and fell as far as 5156.89% in 2022.
  • American Tower's FCF Payout Ratio stood at 3.67 in 2022, then surged by 100.53% to 0.02 in 2023, then jumped by 95.8% to 0.04 in 2024, then jumped by 299.6% to 0.15 in 2025, then slumped by 79.5% to 0.03 in 2026.
  • According to Business Quant data, FCF Payout Ratio over the past three periods registered 0.03, 0.15, and 0.03 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Equinix 106.10 Bn 103.07 Bn 2.20 Bn 0.87
2 American Tower 85.70 Bn 92.20 Bn 2.70 Bn 0.03
3 Digital Realty Trust 67.00 Bn 66.16 Bn - -2.58
4 Crown Castle 40.17 Bn 40.12 Bn 984.00 Mn 1.03
5 Iron Mountain 37.80 Bn 37.83 Bn 1.05 Bn 7.52
6 Sba Communications 21.99 Bn 22.08 Bn 532.10 Mn 0.65
7 Weyerhaeuser 16.98 Bn 16.68 Bn 318.00 Mn 5.21
8 Lamar Advertising 15.51 Bn 15.46 Bn 403.56 Mn 3.13
9 Gaming & Leisure Properties 13.46 Bn 13.86 Bn - 1.39
10 OUTFRONT Media 5.85 Bn 5.81 Bn 202.10 Mn 0.74

Historic Data

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DateValue
Mar 31, 2026 0.03
Dec 31, 2025 0.15
Sep 30, 2025 0.03
Jun 30, 2025 0.08
Mar 31, 2025 0.03
Dec 31, 2024 0.04
Sep 30, 2024 0.17
Jun 30, 2024 0.01
Mar 31, 2024 0.18
Dec 31, 2023 0.02
Sep 30, 2023 0.01
Jun 30, 2023 -0.90
Mar 31, 2023 1.21
Dec 31, 2022 -3.67
Jun 30, 2022 -1.18
Mar 31, 2022 2.31
Dec 31, 2021 0.07
Sep 30, 2021 -0.49
Jun 30, 2021 1.61
Mar 31, 2021 0.01
Dec 31, 2020 2.49
Sep 30, 2020 -1.28
Jun 30, 2020 0.62
Mar 31, 2020 0.78
Dec 31, 2019 0.58
Sep 30, 2019 0.60
Jun 30, 2019 0.50
Mar 31, 2019 0.67
Dec 31, 2018 -1.00
Sep 30, 2018 1.68
Mar 31, 2018 0.03
Dec 31, 2017 0.44
Sep 30, 2017 1.53
Jun 30, 2017 -0.33
Mar 31, 2017 0.49
Dec 31, 2016 -0.16
Sep 30, 2016 0.05
Jun 30, 2016 0.05
Mar 31, 2016 0.07
Dec 31, 2015 0.06
Sep 30, 2015 0.09
Jun 30, 2015 0.10
Mar 31, 2015 0.02
Dec 31, 2014 0.03
Sep 30, 2014 -0.50
Jun 30, 2014 0.37
Dec 31, 2013 0.64
Sep 30, 2013 0.57
Jun 30, 2013 0.46
Dec 31, 2012 -1.59
Sep 30, 2012 0.43
Jun 30, 2012 0.65
Mar 31, 2012 -0.30
Dec 31, 2011 0.73