Operating CF
$5.57B
Capex
-$1.8B
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 | -$1.8B | $3.77B |
| Free Cash Flow | $3.77B | $3.77B |
| Acquisitions | -$215M | $3.56B |
| Other Investing | $141M | $3.7B |
| Share Buybacks | -$541M | $3.16B |
| Dividends Paid | -$3.2B | -$39.4M |
| Net Debt Change | -$147M | -$186M |
| Other Financing | -$423M | -$610M |
| Forex Effect | $108M | -$501M |
| Net Cash Decrease | -$501M | -$501M |
- Operating Cash Flow$5.57B
- Capital Expenditure-$1.8B
- Free Cash Flow$3.77B
- Acquisitions-$215M
- Other Investing$141M
- Share Buybacks-$541M
- Dividends Paid-$3.2B
- Net Debt Change-$147M
- Other Financing-$423M
- Forex Effect$108M
- Net Cash Decrease-$501M
Want to see what drove the FCF change?Free Cash Flow Bridge
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