Friday 6 November 2026 Export AMT’s income statement to Excel — free account

American Tower Corporation

American Tower Corporation’s revenue for fiscal 2025 (year ended December 2025) was $10.6 billion, up 5.11% from fiscal 2024.

Revenue: +2.50%
EPS: −7.80%
Free cash flow: +0.09%
Total debt: +0.91%

Quarter to September 2026, against a year earlier

193.67 0.32 −0.16%

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Market cap: $90.0B
P/E: 27.1×
Fwd P/E: 27.0×
Dividend yield: 3.65%
F-score: 5/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

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American Tower Corporation (AMT) Price to free cash flow

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As of 5 November 2026, American Tower Corporation (AMT) trades at a price to free cash flow of 22.8×. Over the past ten years it has ranged from 18.9× (October 2026) to 68.7× (December 2022); the current reading is higher than 8% of that period. That is above the Reit Specialty industry median of 19.5× and above the Real Estate sector median of 12.3×.

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<iframe src="https://stockrow.com/embed/AMT/price-to-free-cash-flow" width="100%" height="360" style="border:0" loading="lazy" title="American Tower Corporation price to free cash flow, 10 years"></iframe>
<p style="font-size:12px">Source: <a href="https://stockrow.com/AMT/metrics/price-to-free-cash-flow">American Tower Corporation (AMT) price to free cash flow — stockrow.com</a></p>

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%)

Period	Price to free cash flow	Change
Sep 2026	19.2×	(0.08%)
Jun 2026	19.2×	(9.80%)
Mar 2026	21.3×	(1.73%)
Dec 2025	21.7×	(11.02%)
43 more quarters	Free account

Against its own ten years

Low 18.9× High 68.7×

Ten-year median 30.2×

Current reading's percentile 8

Company	Price to free cash flow
IRM Iron Mountain Incorporated compare	n/m
EQIX Equinix, Inc. compare	n/m
SBAC SBA Communications Corporation compare	15.0×
DLR Digital Realty Trust, Inc. compare	19.6×
LAMR Lamar Advertising Company compare	19.8×
CCI Crown Castle Inc. compare	20.7×
GLPI Gaming and Leisure Properties, Inc. compare	21.8×
AMT American Tower Corporation	22.8×
WY Weyerhaeuser Company compare	53.2×
Reit Specialty industry median	19.5×
Real Estate sector median	12.3×
Market median	14.1×

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 →

American Tower Corporation (AMT) Price to free cash flow

Price to free cash flow, daily

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Against its own ten years

Price to free cash flow against peers

What Price to free cash flow is

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Price to free cash flow, daily

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Against its own ten years

Price to free cash flow against peers

What Price to free cash flow is

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