Free Cash Flow for American Tower (AMT)
Free Cash Flow for American Tower (AMT): headline value $3.77B · YoY +2.2%. Annual and quarterly series, chart, and tables are below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Currently viewingFree Cash FlowSwitch metric
Latest period
$3.77B
YoY change
+2.2%
5Y CAGR
+5.8%
Peak year (2025)
$3.78B
Latest annual
$3.78B
Free Cash Flow history chart for American Tower (AMT) from 1997 to 2025
Free Cash Flow history table for American Tower (AMT) from 1997 to 2025
| Fiscal year | Period ended | Reported | Free Cash Flow | YoY |
|---|---|---|---|---|
| 2025 | $3.78B | +2.2% | ||
| 2024 | $3.70B | +26.5% | ||
| 2023 | $2.92B | +60.4% | ||
| 2022 | $1.82B | -47.1% | ||
| 2021 | $3.44B | +20.8% | ||
| 2020 | $2.85B | +3.2% | ||
| 2019 | $2.76B | -2.6% | ||
| 2018 | $2.84B | +33.6% | ||
| 2017 | $2.12B | +5.0% | ||
| 2016 | $2.02B | +39.0% | ||
| 2015 | $1.45B | +25.4% | ||
| 2014 | $1.16B | +32.7% | ||
| 2013 | $874.51M | +3.3% | ||
| 2012 | $846.34M | +31.6% | ||
| 2011 | $642.93M | -4.7% | ||
| 2010 | $674.31M | +13.9% | ||
| 2009 | $591.86M | +11.7% | ||
| 2008 | $529.77M | -1.6% | ||
| 2007 | $538.30M | +9.0% | ||
| 2006 | $493.64M | +60.0% | ||
| 2005 | $308.57M | +76.8% | ||
| 2004 | $174.52M | +84.1% | ||
| 2003 | $94.78M | -225.8% | ||
| 2002 | -$75.35M | -86.1% | ||
| 2001 | -$542.09M | -5.6% | ||
| 2000 | -$574.03M | +191.0% | ||
| 1999 | -$197.23M | +82.6% | ||
| 1998 | -$108.03M | +909.4% | ||
| 1997 | -$10.70M | — |
Free Cash Flow values are taken from American Tower's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
2025's annual free cash flow for American Tower (AMT) came in at $3.78B – edged up 2.2% year-over-year.
American Tower free cash flow has grown for 3 consecutive years, with a +5.8% compound annual growth rate over 2020–2025 (5 years).
Across the available history, free cash flow reached its high of $3.78B in 2025 and its low of -$574.03M in 2000.
American Tower (AMT) sits 3rd of 8 Real Estate peers we track on this metric, against a peer median of $2.87B.
American Tower Free Cash Flow by Year
American Tower Free Cash Flow 2025: $3.78B
American Tower free cash flow in 2025 was $3.78B, edged up 2.2% from 2024. This figure represents the highest annual value in the available history.
American Tower Free Cash Flow 2024: $3.70B
American Tower free cash flow in 2024 was $3.70B, grew 26.5% from 2023.
American Tower Free Cash Flow 2023: $2.92B
American Tower free cash flow in 2023 was $2.92B, surged 60.4% from 2022.
American Tower Free Cash Flow 2022: $1.82B
American Tower free cash flow in 2022 was $1.82B, plunged 47.1% below 2021.
American Tower Free Cash Flow 2021: $3.44B
American Tower free cash flow in 2021 was $3.44B.
See more financial history for American Tower (AMT).
Sector peers — Free Cash Flow
Companies in the same sector as American Tower, ranked by their latest free cash flow.
| Company | Free Cash Flow | Sector |
|---|---|---|
| Prologis, Inc. (PLD) | $5.01B | Real Estate |
| Realty Income Corporation (O) | $3.86B | Real Estate |
| Simon Property Group, Inc. (SPG) | $3.57B | Real Estate |
| Public Storage (PSA) | $2.90B | Real Estate |
| Welltower Inc. (WELL) | $2.85B | Real Estate |
| Digital Realty Trust, Inc. (DLR) | $2.41B | Real Estate |
| CBRE Group, Inc. (CBRE) | $1.19B | Real Estate |
| Equinix, Inc. (EQIX) | -$400.00M | Real Estate |
Frequently asked questions
What is American Tower's free cash flow?
Latest reported free cash flow for American Tower (AMT) is $3.77B (period ending March 31, 2026).
How has American Tower free cash flow changed year-over-year?
American Tower (AMT) free cash flow changed +2.2% year-over-year on the latest annual filing.
What is the long-term growth rate of American Tower free cash flow?
American Tower (AMT) free cash flow compound annual growth rate is +5.8% over the most recent 5 years available.
When did American Tower free cash flow hit its highest annual value?
American Tower free cash flow reached its highest annual value of $3.78B in 2025.
What was American Tower free cash flow in 2024?
American Tower (AMT) free cash flow in 2024 was $3.70B.
What was American Tower free cash flow in 2025?
American Tower (AMT) free cash flow in 2025 was $3.78B.
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