American Tower (AMT) Price to FCF (2009 - 2026)
American Tower's (AMT) Price to FCF was 19.25 for Q2 2026, down 30.4% from 27.66 a year earlier and down 9.8% from the prior quarter.
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Analysis
American Tower (AMT) Price to FCF (2009 - 2026) Analysis & Trends
For FY2025, Price to FCF at American Tower was 21.64, down 6.6% from FY2024.
- Price to FCF has declined for three consecutive years.
- By year, Price to FCF came in at 23.17 in FY2024 (-32.7%), 34.42 in FY2023 (-36.4%), 54.12 in FY2022 (+39.8%) and 38.72 in FY2021 (+10.6%).
- The Q2 2026 figure ranks as the lowest quarterly Price to FCF in data going back to Q2 2009.
- Year over year, Price to FCF has now declined in each of the last four quarters, with an average decline of 12.5% over the last eight quarters.
- The high point for year-over-year Price to FCF in five years was Q3 2022 (growth of 118.1%); the low point was Q3 2023 (a decline of 59.0%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 21.33 (Q1 2026), 21.64 (Q4 2025) and 24.40 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | American Tower | 75.57 Bn | 75.31 Bn | 2.72 Bn |
| 2 | Digital Realty Trust | 66.06 Bn | 56.59 Bn | - |
| 3 | Crown Castle | 28.31 Bn | 27.05 Bn | 989.00 Mn |
| 4 | Sba Communications | 16.81 Bn | 16.90 Bn | 539.27 Mn |
| 5 | Lamar Advertising | 12.56 Bn | 12.38 Bn | 422.53 Mn |
| 6 | OUTFRONT Media | 5.05 Bn | 4.82 Bn | 276.40 Mn |
| 7 | Array Digital Infrastructure | 2.97 Bn | 1.87 Bn | 30.57 Mn |
| 8 | IHS Holding | 2.79 Bn | -67.81 Mn | 207.10 Mn |
| 9 | Fermi | 2.57 Bn | 1.71 Bn | - |
| 10 | Clear Channel Outdoor Holdings | 1.22 Bn | 503.54 Mn | 241.86 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.25 |
| Mar 31, 2026 | 21.33 |
| Dec 31, 2025 | 21.64 |
| Sep 30, 2025 | 24.40 |
| Jun 30, 2025 | 27.66 |
| Mar 31, 2025 | 26.97 |
| Dec 31, 2024 | 23.17 |
| Sep 30, 2024 | 30.51 |
| Jun 30, 2024 | 26.49 |
| Mar 31, 2024 | 28.81 |
| Dec 31, 2023 | 34.42 |
| Sep 30, 2023 | 27.05 |
| Jun 30, 2023 | 37.71 |
| Mar 31, 2023 | 44.22 |
| Dec 31, 2022 | 54.12 |
| Sep 30, 2022 | 66.00 |
| Jun 30, 2022 | 42.14 |
| Mar 31, 2022 | 38.82 |
| Dec 31, 2021 | 38.72 |
| Sep 30, 2021 | 30.27 |
API Access
American Tower Price to FCF 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=price-to-fcf&ticker=AMT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-fcf", "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=price-to-fcf&ticker=AMT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();