American Tower (AMT) FCF Payout Ratio (2012 - 2024)
American Tower's FCF Payout Ratio came in at 0.75 for Q2 2024, down 19.0% from 0.92 a year earlier and down 17.4% from the prior quarter.
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Analysis
American Tower (AMT) FCF Payout Ratio (2012 - 2024) Analysis & Trends
Over the trailing twelve months to Jun 30, 2024, American Tower reported FCF Payout Ratio of 0.89, down 24.2% year-over-year; for FY2023, it was 1.01, down 30.1% from FY2022.
- Going back by year, FCF Payout Ratio was 1.44 in FY2022 (+118.8%), 0.66 in FY2021 (-2.5%), 0.68 in FY2020 (+16.6%) and 0.58 in FY2019 (+24.4%).
- The Q2 2024 figure represents the lowest quarterly FCF Payout Ratio since Q3 2021.
- Year-over-year, FCF Payout Ratio has declined for seven consecutive quarters, with growth averaging 15.0% over the last eight quarters.
- The fastest year-over-year change in FCF Payout Ratio over five years came in Q3 2022 (growth of 334.0%), and the weakest in Q3 2021 (a decline of 52.4%).
- Business Quant data shows AMT's FCF Payout Ratio at 0.90 (Q1 2024), 1.22 (Q4 2023) and 0.80 (Q3 2023) in the three quarters before Q2 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | American Tower | 76.26 Bn | 75.99 Bn | 2.72 Bn | - |
| 2 | Digital Realty Trust | 64.98 Bn | 55.50 Bn | - | - |
| 3 | Crown Castle | 28.39 Bn | 27.14 Bn | 989.00 Mn | 0.97 |
| 4 | Sba Communications | 16.99 Bn | 17.07 Bn | 539.27 Mn | - |
| 5 | Lamar Advertising | 12.56 Bn | 12.38 Bn | 422.53 Mn | 0.78 |
| 6 | OUTFRONT Media | 4.89 Bn | 4.65 Bn | 276.40 Mn | - |
| 7 | Array Digital Infrastructure | 2.92 Bn | 1.81 Bn | 30.57 Mn | - |
| 8 | IHS Holding | 2.80 Bn | -57.74 Mn | 207.10 Mn | - |
| 9 | Fermi | 2.69 Bn | 1.82 Bn | - | - |
| 10 | Clear Channel Outdoor Holdings | 1.20 Bn | 488.27 Mn | 241.86 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 0.75 |
| Mar 31, 2024 | 0.90 |
| Dec 31, 2023 | 1.22 |
| Sep 30, 2023 | 0.80 |
| Jun 30, 2023 | 0.92 |
| Mar 31, 2023 | 1.21 |
| Dec 31, 2022 | 1.30 |
| Sep 30, 2022 | 1.41 |
| Jun 30, 2022 | 1.17 |
| Mar 31, 2022 | 2.31 |
| Dec 31, 2021 | 2.73 |
| Sep 30, 2021 | 0.32 |
| Jun 30, 2021 | 0.82 |
| Mar 31, 2021 | 0.71 |
| Dec 31, 2020 | 0.66 |
| Sep 30, 2020 | 0.68 |
| Jun 30, 2020 | 0.62 |
| Mar 31, 2020 | 0.78 |
| Dec 31, 2019 | 0.58 |
| Sep 30, 2019 | 0.60 |
API Access
American Tower FCF Payout Ratio 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-payout-ratio&ticker=AMT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-payout-ratio", "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-payout-ratio&ticker=AMT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();