American Tower (AMT) Free Cash Flow (2009 - 2026)
American Tower (AMT) posted Free Cash Flow of $1.2 billion for Q2 2026, up 22.58% sequentially from $951.1 million in Q1 2026, and up 19.35% YoY from $976.9 million in Q2 2025.
American Tower (AMT) Free Cash Flow (2009 - 2026) Analysis & Trends
American Tower has reported Free Cash Flow for 18 years, with the latest figure at $1.2 billion in Q2 2026.
- Quarterly Free Cash Flow rose 19.35% year-over-year to $1.2 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $4.0 billion (up 5.85% YoY) and the FY2025 annual result came in at $3.8 billion, up 2.25% from the prior year.
- Free Cash Flow improved to $1.2 billion in Q2 2026 per AMT's latest filing, from $951.1 million in the prior quarter.
- Over five years, Free Cash Flow peaked at $1.2 billion in Q2 2026 and troughed at $277.5 million in Q1 2022.
- A 5-year average of $797.1 million and a median of $867.6 million in 2024 frame the typical range for Free Cash Flow.
- The widest YoY moves for Free Cash Flow: up 140.66% in 2022, down 73.46% in 2022.
- Over 5 years, Free Cash Flow stood at $526.8 million in 2022, then climbed by 17.18% to $617.3 million in 2023, then advanced by 22.4% to $755.6 million in 2024, then grew by 12.27% to $848.3 million in 2025, then jumped by 37.44% to $1.2 billion in 2026.
- According to Business Quant data, Free Cash Flow over the past three periods registered $1.2 billion, $951.1 million, and $848.3 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 105.14 Bn | 102.92 Bn | 1.40 Bn | -511.00 Mn |
| 2 | American Tower | 82.11 Bn | 80.34 Bn | 2.72 Bn | 1.17 Bn |
| 3 | Digital Realty Trust | 67.60 Bn | 65.74 Bn | - | 148.62 Mn |
| 4 | Iron Mountain | 36.35 Bn | 36.15 Bn | 1.07 Bn | -38.93 Mn |
| 5 | Crown Castle | 32.72 Bn | 31.68 Bn | 989.00 Mn | 472.00 Mn |
| 6 | Sba Communications | 19.39 Bn | 19.39 Bn | 539.27 Mn | 344.76 Mn |
| 7 | Weyerhaeuser | 17.58 Bn | 17.05 Bn | 311.00 Mn | 391.00 Mn |
| 8 | Lamar Advertising | 15.26 Bn | 15.19 Bn | 422.53 Mn | 209.70 Mn |
| 9 | Gaming & Leisure Properties | 12.42 Bn | 12.42 Bn | - | 164.85 Mn |
| 10 | Rayonier | 6.36 Bn | 5.93 Bn | 75.67 Mn | 105.56 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.17 Bn |
| Jun 30, 2026 | 1.17 Bn |
| Mar 31, 2026 | 951.10 Mn |
| Mar 31, 2026 | 951.10 Mn |
| 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 | 755.60 Mn |
| Dec 31, 2024 | 755.60 Mn |
| Sep 30, 2024 | 1.04 Bn |
| Sep 30, 2024 | 1.04 Bn |
| Jun 30, 2024 | 1.01 Bn |
| Jun 30, 2024 | 1.01 Bn |
| Mar 31, 2024 | 886.90 Mn |
| Mar 31, 2024 | 886.90 Mn |