Operating CF
$5.57B
Capex
−$1.80B
Free Cash Flow
$3.77B
FCF Margin
+67.7%
Cash flow waterfall for American Tower (AMT) — TTM through Q1 2026
Free cash flow: $3.77B
Cash flow breakdown for American Tower (AMT) — TTM through Q1 2026
| Line item | Amount | Running total |
|---|---|---|
| Operating Cash Flow | $5.57B | $5.57B |
| Capital Expenditure | −$1.80B | $3.77B |
| Free Cash Flow | $3.77B | $3.77B |
| Acquisitions | −$215.30M | $3.56B |
| Other Investing | $141.20M | $3.70B |
| Share Buybacks | −$540.80M | $3.16B |
| Dividends Paid | −$2.39B | $767.20M |
| Net Debt Change | −$146.80M | $620.40M |
| Other Financing | −$1.23B | −$609.50M |
| Forex Effect | $108.20M | −$501.30M |
| Net Cash Decrease | −$501.30M | −$501.30M |
- Operating Cash Flow$5.57B
- Capital Expenditure−$1.80B
- Free Cash Flow$3.77B
- Acquisitions−$215.30M
- Other Investing$141.20M
- Share Buybacks−$540.80M
- Dividends Paid−$2.39B
- Net Debt Change−$146.80M
- Other Financing−$1.23B
- Forex Effect$108.20M
- Net Cash Decrease−$501.30M
Want to see what drove the FCF change?Free Cash Flow Bridge
Frequently asked questions
Data & methodology
American Tower (AMT) Key Financials
Charts, filings, and peer comparison for every metric
Income Statement
Balance Sheet
Profitability
Cash Flow
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation
Overview
Income Statement