American Tower (AMT) Free Cash Flow (2009 - 2026)
American Tower (AMT) reported Free Cash Flow of $1.3 billion for Q1 2026, up 33.98% on a YoY basis from $963.9 million in Q1 2025, and up 52.23% sequentially from $848.3 million in Q4 2025.
American Tower (AMT) Free Cash Flow (2009 - 2026) Analysis & Trends
American Tower (AMT) has 18 years of Free Cash Flow data on file, last reported at $1.3 billion in Q1 2026.
- For the quarter ending Q1 2026, Free Cash Flow rose 33.98% year-over-year to $1.3 billion; the trailing twelve-month figure through Mar 2026 stood at $4.1 billion (up 18.13% YoY), and the FY2025 full-year result was $3.8 billion, up 2.25% from the prior year.
- Free Cash Flow improved to $1.3 billion in Q1 2026, from $848.3 million in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of $1.9 billion in Q3 2023 to a low of -$388.1 million in Q4 2023.
- A 5-year average of $795.4 million and a median of $963.9 million in 2025 frame the typical range for Free Cash Flow.
- Across the five-year window, Free Cash Flow slumped 273.28% in 2022 and surged 425.39% in 2025, its largest moves.
- Tracing AMT's Free Cash Flow over 5 years: stood at -$379.3 million in 2022, then fell by 2.32% to -$388.1 million in 2023, then soared by 32.83% to -$260.7 million in 2024, then surged by 425.39% to $848.3 million in 2025, then soared by 52.23% to $1.3 billion in 2026.
- Business Quant data shows AMT's Free Cash Flow at $1.3 billion in Q1 2026, $848.3 million in Q4 2025, and $994.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 102.00 Bn | 98.94 Bn | 1.26 Bn | -539.00 Mn |
| 2 | American Tower | 76.76 Bn | 83.27 Bn | 2.70 Bn | 1.29 Bn |
| 3 | Digital Realty Trust | 61.91 Bn | 61.08 Bn | - | -337.62 Mn |
| 4 | Iron Mountain | 37.06 Bn | 37.09 Bn | 1.05 Bn | 36.65 Mn |
| 5 | Crown Castle | 32.50 Bn | 32.44 Bn | 23.00 Mn | 452.00 Mn |
| 6 | Sba Communications | 18.50 Bn | 18.59 Bn | 532.10 Mn | 206.69 Mn |
| 7 | Weyerhaeuser | 17.05 Bn | 16.75 Bn | 318.00 Mn | 29.00 Mn |
| 8 | Lamar Advertising | 15.99 Bn | 15.96 Bn | 344.69 Mn | 114.25 Mn |
| 9 | Gaming & Leisure Properties | 12.58 Bn | 12.98 Bn | - | 158.75 Mn |
| 10 | Rayonier | 6.43 Bn | 5.79 Bn | 46.45 Mn | 30.08 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.29 Bn |
| Mar 31, 2026 | 1.29 Bn |
| Dec 31, 2025 | 848.30 Mn |
| Dec 31, 2025 | 848.30 Mn |
| Sep 30, 2025 | 994.50 Mn |
| Sep 30, 2025 | 994.50 Mn |
| Jun 30, 2025 | 976.90 Mn |
| Jun 30, 2025 | 976.90 Mn |
| Mar 31, 2025 | 963.90 Mn |
| Mar 31, 2025 | 963.90 Mn |
| Dec 31, 2024 | -260.70 Mn |
| Dec 31, 2024 | -260.70 Mn |
| Sep 30, 2024 | 1.46 Bn |
| Sep 30, 2024 | 1.46 Bn |
| Jun 30, 2024 | 1.32 Bn |
| Jun 30, 2024 | 1.32 Bn |
| Mar 31, 2024 | 1.18 Bn |
| Mar 31, 2024 | 1.18 Bn |
| Dec 31, 2023 | -388.10 Mn |
| Dec 31, 2023 | -388.10 Mn |