American Tower Corporation AMT

169.03 1.77 1.06% as of 25 Sep
Market cap
$78.0B
P/E
23.2×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years,
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American Tower Corporation (AMT) Price to free cash flow

As of 25 September 2026, American Tower Corporation (AMT) trades at a price to free cash flow of 19.9×. Over the past ten years it has ranged from 19.1× (July 2026) to 68.7× (December 2022); the current reading is higher than 1% of that period. That is above the Reit Specialty industry median of 14.6× and above the Real Estate sector median of 12.1×.

Price to free cash flow, daily

Annual

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

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 19.1× High 68.7×
Ten-year median 30.2×
Current reading's percentile 1

Price to free cash flow against peers

Company Price to free cash flow
IRM Iron Mountain Incorporated compare n/m
EQIX Equinix, Inc. compare n/m
WY Weyerhaeuser Company compare n/m
CCI Crown Castle Inc. compare 12.2×
SBAC SBA Communications Corporation compare 13.1×
DLR Digital Realty Trust, Inc. compare 17.2×
GLPI Gaming and Leisure Properties, Inc. compare 17.6×
LAMR Lamar Advertising Company compare 19.8×
AMT American Tower Corporation 19.9×
Reit Specialty industry median 14.6×
Real Estate sector median 12.1×
Market median 14.0×

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 →

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