Pricing Log in Create free account
Saturday 17 October 2026 Export AMT’s income statement to Excel — free account

American Tower Corporation

AMT Real Estate Reit Specialty

American Tower Corporation’s revenue for fiscal 2025 (year ended December 2025) was $10.6 billion, up 5.11% from fiscal 2024. In the quarter to June 2026, revenue grew 4.65%, EPS grew 138.5%, free cash flow grew 19.4% and total debt was flat, each against the same quarter a year earlier. Member of the S&P 500; revenue growth for ten consecutive years, operating cash flow growth for three; insiders bought in the last twelve months.

185.44 4.08 +2.25%
Market cap
$84.5B
P/E
25.5×
Fwd P/E
29.7×
Dividend yield
3.81%
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

American Tower Corporation (AMT) Price to free cash flow

Alert me on Price to free cash flow

As of 16 October 2026, American Tower Corporation (AMT) trades at a price to free cash flow of 21.8×. Over the past ten years it has ranged from 19.0× (October 2026) to 68.7× (December 2022); the current reading is higher than 4% of that period. That is above the Reit Specialty industry median of 14.8× and above the Real Estate sector median of 11.0×.

Price to free cash flow, daily

Embed this chart

Annual newest first

Period Price to free cash flow Change
FY2025 21.7× (6.19%)
FY2024 23.1× (33.63%)
FY2023 34.9× (35.85%)
FY2022 54.4× 41.73%
FY2021 38.4× 9.76%
FY2020 34.9× (5.08%)
FY2019 36.8× 50.08%
FY2018 24.5× (13.87%)
FY2017 28.5× 27.42%
FY2016 22.3× (20.86%)

Quarterly newest first

Period Price to free cash flow Change
Jun 2026 19.2× (9.80%)
Mar 2026 21.3× (1.73%)
Dec 2025 21.7× (11.02%)
Sep 2025 24.4× (11.78%)
42 more quarters

Against its own ten years

Low 19.0× High 68.7×
Ten-year median 30.2×
Current reading's percentile 4

Price to free cash flow against peers

Company Price to free cash flow
IRM Iron Mountain Incorporated compare n/m
WY Weyerhaeuser Company compare n/m
EQIX Equinix, Inc. compare n/m
SBAC SBA Communications Corporation compare 14.7×
CCI Crown Castle Inc. compare 14.8×
DLR Digital Realty Trust, Inc. compare 16.9×
GLPI Gaming and Leisure Properties, Inc. compare 17.9×
LAMR Lamar Advertising Company compare 20.6×
AMT American Tower Corporation 21.8×
Reit Specialty industry median 14.8×
Real Estate sector median 11.0×
Market median 14.2×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

More on AMT