American Tower (AMT) Stock Buyback History
TTM buyback yield 0.67% · Shareholder yield (TTM) 0.67%.
TTM buyback yield
0.67%
Shareholder yield (TTM)
0.67%
5Y share count change
5.2%
TTM buyback spend
$540.80M
SBC coverage (TTM)
3.02x
YoY change in spend
N/A
5Y CAGR of spend
+45.5%
Peak year (2007)
$1.64B
Cumulative spend
$5.84B
TTM metrics calculated from the four most recent reported quarters, ending (reported ).
Key takeaways
- American Tower (AMT) repurchased about $540.80M of stock over the trailing twelve months.
- Diluted share count is up 5.2% over the last ~5 fiscal years — equity issuance and stock-based compensation are outpacing repurchases.
- TTM buyback ÷ stock-based-comp ratio of 3.02× — repurchases more than cover SBC dilution.
- Cash buyback spend has compounded at +45.5% per year over the latest 5-year window.
- TTM repurchases used about 39% of free cash flow remaining after dividends.
Buyback context per fiscal year
Annual repurchases alongside stock-based compensation, diluted share count and the year-over-year change — useful for SBC-coverage and dilution-offset reading at a glance.
| Year | Buybacks | SBC | Net | Shares (dil.) | YoY shares | Buyback yield |
|---|---|---|---|---|---|---|
| 2025 | $364.60M | $174.20M | $190.40M | 0.47B | 0.2% | 0.44% |
| 2024 | $0.00 | $203.60M | −$203.60M | 0.47B | 0.2% | — |
| 2023 | $0.00 | $195.70M | −$195.70M | 0.47B | 1.0% | — |
| 2022 | $18.80M | $169.30M | −$150.50M | 0.46B | 2.1% | 0.02% |
| 2021 | $0.00 | $119.50M | −$119.50M | 0.45B | 1.6% | — |
| 2020 | $56.00M | $120.80M | −$64.80M | 0.45B | 0.1% | 0.06% |
| 2019 | $19.60M | $111.40M | −$91.80M | 0.45B | 0.6% | 0.02% |
| 2018 | $232.80M | $137.50M | $95.30M | 0.44B | 2.6% | 0.33% |
| 2017 | $766.30M | $108.50M | $657.80M | 0.43B | 0.6% | 1.25% |
| 2016 | $0.00 | $89.90M | −$89.90M | 0.43B | 1.5% | — |
| 2015 | $0.00 | $90.54M | −$90.54M | 0.42B | 5.7% | — |
| 2014 | $59.11M | $80.15M | −$21.04M | 0.40B | 0.2% | 0.15% |
| 2013 | $145.01M | $68.14M | $76.87M | 0.40B | -0.0% | 0.46% |
| 2012 | $62.73M | $51.98M | $10.74M | 0.40B | -0.2% | 0.21% |
| 2011 | $437.40M | $47.44M | $389.96M | 0.40B | -1.0% | 1.85% |
| 2010 | $430.62M | $52.55M | $378.06M | 0.40B | -0.7% | 2.10% |
| 2009 | $213.29M | $60.67M | $152.62M | 0.41B | -2.7% | 1.23% |
| 2008 | $714.65M | $54.81M | $659.85M | 0.42B | -1.8% | 6.14% |
| 2007 | $1.64B | $54.60M | $1.59B | 0.43B | -2.3% | 9.71% |
| 2006 | $306.86M | $15.93M | $290.93M | 0.44B | 44.2% | 1.95% |
| 2005 | $68.93M | $2.36M | $66.56M | 0.30B | 34.8% | 0.61% |
| 2004 | $0.00 | $0.00 | $0.00 | 0.22B | 7.8% | — |
| 2003 | $0.00 | $0.00 | $0.00 | 0.21B | 6.5% | — |
| 2002 | $0.00 | $0.00 | $0.00 | 0.20B | 2.0% | — |
| 2001 | $0.00 | $0.00 | $0.00 | 0.19B | 13.6% | — |
| 2000 | $0.00 | $0.00 | $0.00 | 0.17B | 12.7% | — |
| 1999 | $0.00 | $0.00 | $0.00 | 0.15B | 87.7% | — |
| 1998 | $303.12M | $0.00 | $303.12M | 0.08B | -71.0% | — |
| 1997 | $0.00 | $0.00 | $0.00 | 0.28B | — | — |
Cash buyback spend (USD) — annual & quarterly history
Trailing-twelve-month and per-period cash repurchases for American Tower (AMT) from the consolidated cash flow statement (line: common stock repurchased), in USD as filed.
Cash buyback spend over time for American Tower (AMT)
Per-period cash repurchases
Cash buyback spend annual + quarterly history for American Tower (AMT)
| Fiscal year | Period ended | Reported | Buyback Spend | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $364.60M | — | +$364.60M | ||
| 2024 | $0 | — | $0 | ||
| 2023 | $0 | -100.0% | -$18.80M | ||
| 2022 | $18.80M | — | +$18.80M | ||
| 2021 | $0 | -100.0% | -$56.00M | ||
| 2020 | $56.00M | +185.7% | +$36.40M | ||
| 2019 | $19.60M | -91.6% | -$213.20M | ||
| 2018 | $232.80M | -69.6% | -$533.50M | ||
| 2017 | $766.30M | — | +$766.30M | ||
| 2016 | $0 | — | $0 | ||
| 2015 | $0 | -100.0% | -$59.11M | ||
| 2014 | $59.11M | -59.2% | -$85.90M | ||
| 2013 | $145.01M | +131.2% | +$82.28M | ||
| 2012 | $62.73M | -85.7% | -$374.67M | ||
| 2011 | $437.40M | +1.6% | +$6.78M | ||
| 2010 | $430.62M | +101.9% | +$217.33M | ||
| 2009 | $213.29M | -70.2% | -$501.37M | ||
| 2008 | $714.65M | -56.5% | -$928.17M | ||
| 2007 | $1.64B | +435.4% | +$1.34B | ||
| 2006 | $306.86M | +345.2% | +$237.93M | ||
| 2005 | $68.93M | — | +$68.93M | ||
| 2004 | $0 | — | $0 | ||
| 2003 | $0 | — | $0 | ||
| 2002 | $0 | — | $0 | ||
| 2001 | $0 | — | $0 | ||
| 2000 | $0 | — | $0 | ||
| 1999 | $0 | -100.0% | -$303.12M | ||
| 1998 | $303.12M | — | +$303.12M | ||
| 1997 | $0 | — | — |
2025's annual buyback spend for American Tower (AMT) came in at $364.60M.
Over 2020–2025 (5 years), American Tower buyback spend expanded at a +45.5% compound annual rate, with the latest reading among the more recent periods of the dataset.
Between 2007 and 2025, American Tower buyback spend plunged 77.8%, falling from $1.64B to $364.60M.
$1.64B stands as the all-time-high annual buyback spend, posted in 2007, against a low of $0 during 1997.
Among 8 Real Estate peers, American Tower (AMT) ranks 1st; the peer median for buyback spend is $0.
American Tower Buyback Spend 2025: $364.60M
American Tower buyback spend in 2025 was $364.60M.
American Tower Buyback Spend 2024: $0
American Tower buyback spend in 2024 was $0.
American Tower Buyback Spend 2023: $0
American Tower buyback spend in 2023 was $0, plunged 100.0% below 2022.
American Tower Buyback Spend 2022: $18.80M
American Tower buyback spend in 2022 was $18.80M.
American Tower Buyback Spend 2021: $0
American Tower buyback spend in 2021 was $0.
See more financial history for American Tower (AMT).
Sector peers by buyback spend
Companies in the same sector as American Tower, ranked by their latest buyback spend.
| Company | Buyback Spend | Sector |
|---|---|---|
| Simon Property Group (SPG) | $227.15M | Real Estate |
| Welltower (WELL) | $0 | Real Estate |
| Prologis (PLD) | $0 | Real Estate |
| Equinix (EQIX) | $0 | Real Estate |
| Digital Realty Trust (DLR) | $0 | Real Estate |
| Realty Income (O) | $0 | Real Estate |
| Public Storage (PSA) | $0 | Real Estate |
| Ventas (VTR) | $0 | Real Estate |
Share count history
Diluted weighted-average shares drive the EPS denominator and per-share capital-return maths. A falling diluted share count means buybacks are outpacing dilution from stock-based compensation and option exercises.
Diluted vs basic shares (annual)
Year-over-year change in diluted shares
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Dividend & buyback yield over time
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Buybacks vs stock-based compensation
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 3.02×.
Capital allocation mix
How American Tower splits cash returned to shareholders between dividends and buybacks, plus the headroom on free cash flow that's still available for additional repurchases.
Buybacks vs dividends (share of cash returned)
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $1.38B (TTM FCF − TTM dividends, clamped at zero).
Data & methodology
Where do buyback, dividend and compensation figures come from?
Cash buyback spend (common stock repurchased), dividends paid and stock-based compensation come from American Tower's consolidated cash flow statements — quarterly 10-Q and annual 10-K SEC filings, in USD as reported.
How are diluted shares and yields calculated?
Diluted weighted-average share counts come from the income statement (EPS denominator). Trailing twelve-month (TTM) aggregates sum the four most recent reported quarters. Buyback and dividend yields divide TTM cash flows by market capitalisation at the latest quarter-end.
How is buyback capacity defined?
Capacity compares TTM repurchases to free cash flow after dividends: operating cash flow minus capital expenditure, minus dividends paid, versus actual buybacks over the same trailing window.
Is this investment advice?
No. Figures are for informational and educational use only. Past buybacks and dividends do not predict future returns.
Frequently asked questions
Does American Tower buy back its own stock?
Yes, American Tower (AMT) has repurchased shares in recent periods. See the history table and charts on this page for amounts and trends.
How much does American Tower spend on share buybacks?
Trailing twelve months (TTM) buyback spend is about $540.80M (sum of the last four quarterly cash-flow periods in our data). Figures are illustrative; verify in filings.
What is American Tower's buyback yield?
TTM buyback yield is about 0.67% (TTM buyback spend divided by market cap at the latest quarter-end in our data).
What is American Tower's shareholder yield?
Shareholder yield combines dividend yield and buyback yield. For the latest period we show approximately 0.67% combined (TTM-based where available).
Is American Tower diluting shareholders?
Compare stock-based compensation (SBC) to buybacks in the chart above. Net effect varies by year; see annual buyback vs SBC bars and the history table.
How has American Tower's share count changed?
Diluted weighted average shares changed by about 5.2% over roughly five fiscal years (annual income statement data).
What is American Tower's buyback spend?
Latest reported buyback spend for American Tower (AMT) is $540.80M (period ending March 31, 2026).
What is the long-term growth rate of American Tower buyback spend?
American Tower (AMT) buyback spend compound annual growth rate is +45.5% over the most recent 5 years available.
When did American Tower buyback spend hit its highest annual value?
American Tower buyback spend reached its highest annual value of $1.64B in 2007.
What was American Tower buyback spend in 2024?
American Tower (AMT) buyback spend in 2024 was $0.
What was American Tower buyback spend in 2025?
American Tower (AMT) buyback spend in 2025 was $364.60M.
Explore more
AMT Overview
Company profile, financial tools, and key metrics
AMT Revenue Counter
Earns $343.09 every second. See per minute, hour, and day.
AMT Earnings Counter
Earns $91.26 per second net profit. See per minute, hour, and day.
AMT Economic Scale
Exceeds Togo's GDP. Compare with world economies.
AMT What If Invested
What if you had invested $1,000? See historical returns from any date.
AMT How It Makes Money
Discover visual breakdown of $10.82B in revenue — where it comes from and where it goes.
AMT Stock Seasonality
Best and worst months to invest. Historical monthly returns heatmap.
AMT Price Target Scenarios
Model bear, base, and bull cases with EPS growth and exit P/E — pre-filled from analysts and history.
AMT Daily Price Character
Explosive · 50.9% historical win rate (green days). Streaks & record days.
AMT Dividend Profile
Yield: 3.74%. Safety: 4/8. See full history.
AMT Dividend Calculator
How much dividend income would $1,000 have earned? Calculate from any date.
AMT Dividend Forecast
Project future income with DRIP, growth assumptions, and optional monthly contributions.
AMT Dividend Capture
Historical pre-ex touch stats, gap distribution, after-tax calculator, and a backtest simulator (limit-order vs MOC exit).
AMT Financials
Revenue, EPS, EBITDA, market cap, debt and balance sheet history with annual and quarterly data.