American Tower Corporation (AMT) FCF Payout Ratio: 63.45%
Is American Tower Corporation’s FCF payout ratio high or low?
American Tower Corporation's FCF payout ratio of 63.45% is 30% below its 5-year average of 90.89%, near the low end of its 5-year range (65.96%–144.32%).
The FCF payout ratio for American Tower Corporation (AMT) is 63.45%. It is below its 12-month average by 23.80% (83.27%).
AMT FCF Payout Ratio Chart
AMT Average FCF Payout Ratio Chart
AMT Current vs Average FCF Payout Ratio Chart
AMT FCF Payout Ratio Metrics
FCF PAYOUT RATIO
63.45%
FCF PAYOUT RATIO AVG TTM
83.27%
FCF PAYOUT RATIO AVG 3Y
102.93%
FCF PAYOUT RATIO AVG 5Y
90.89%
FCF PAYOUT RATIO AVG 10Y
73.59%
FCF PAYOUT RATIO AVG 15Y
63.92%
FCF PAYOUT RATIO AVG 20Y
63.92%
CURRENT VS TTM AVG
-23.80%
CURRENT VS 3Y AVG
-38.36%
CURRENT VS 5Y AVG
-30.19%
CURRENT VS 10Y AVG
-13.77%
CURRENT VS 15Y AVG
-0.74%
CURRENT VS 20Y AVG
-0.74%
Payout Ratio Comparison
FCF Payout Ratio
63.5%
Earnings Payout Ratio
94.4%
Dividend Yield
2.67%
FCF Yield
4.23%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $3.78B | $3.16B | 83.4% |
| 2024 | $3.70B | $3.07B | 83.1% |
| 2023 | $2.92B | $2.95B | 100.9% |
| 2022 | $1.82B | $2.63B | 144.3% |
| 2021 | $3.44B | $2.27B | 66.0% |
| 2020 | $2.85B | $1.93B | 67.7% |
| 2019 | $2.76B | $1.60B | 58.1% |
| 2018 | $2.84B | $1.34B | 47.3% |
| 2017 | $2.12B | $1.16B | 54.9% |
| 2016 | $2.02B | $993.24M | 49.1% |
| 2015 | $1.45B | $795.50M | 54.7% |
| 2014 | $1.16B | $420.64M | 36.3% |
| 2013 | $874.51M | $434.69M | 49.7% |
| 2012 | $846.34M | $355.57M | 42.0% |
| 2011 | $642.93M | $137.76M | 21.4% |
| 2010 | $674.31M | $0 | 0.0% |
| 2009 | $591.86M | $0 | 0.0% |
| 2008 | $529.77M | $0 | 0.0% |
| 2007 | $538.30M | $0 | 0.0% |
| 2006 | $493.64M | $0 | 0.0% |
| 2005 | $308.57M | $0 | 0.0% |
| 2004 | $174.52M | $0 | 0.0% |
| 2003 | $94.78M | $0 | 0.0% |
| 2002 | ($75.35M) | $0 | N/A (Loss) |
| 2001 | ($542.09M) | $0 | N/A (Loss) |
| 2000 | ($574.03M) | $667,000 | N/A (Loss) |
| 1999 | ($197.23M) | $396,000 | N/A (Loss) |
| 1998 | ($108.03M) | $0 | N/A (Loss) |
| 1997 | ($10.70M) | $0 | N/A (Loss) |
Formula: FCF Payout Ratio = Dividends Paid / Free Cash Flow × 100
FCF payout and earnings payout:
- FCF represents operating cash flow after capital expenditures
- FCF payout compares dividends paid with free cash flow
- FCF payout above 100% means dividends paid exceeded free cash flow for the period
- Earnings payout compares dividends paid with net income
Reading the series: Use the chart and table to compare dividend payments with cash generation over time.
American Tower Corporation FCF Payout Ratio Formula & Definition
FCF Payout Ratio measures what percentage of free cash flow is paid out as dividends. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
American Tower Corporation FCF Payout Ratio FAQ
- What is the FCF payout ratio for American Tower Corporation (AMT)?
- The FCF payout ratio for AMT stock is 63.45%.
- Is American Tower Corporation's FCF payout ratio high or low?
- American Tower Corporation's FCF payout ratio of 63.45% is 30% below its 5-year average of 90.89%, near the low end of its 5-year range (65.96%–144.32%).
- What is the TTM average FCF payout ratio for American Tower Corporation (AMT)?
- The TTM average FCF payout ratio for AMT stock is 83.27%.
- What is the 3Y average FCF payout ratio for American Tower Corporation (AMT)?
- The 3Y average FCF payout ratio for AMT stock is 102.93%.
- What is the 5Y average FCF payout ratio for American Tower Corporation (AMT)?
- The 5Y average FCF payout ratio for AMT stock is 90.89%.
- What is the 10Y average FCF payout ratio for American Tower Corporation (AMT)?
- The 10Y average FCF payout ratio for AMT stock is 73.59%.
- What is the 15Y average FCF payout ratio for American Tower Corporation (AMT)?
- The 15Y average FCF payout ratio for AMT stock is 63.92%.
- What is the 20Y average FCF payout ratio for American Tower Corporation (AMT)?
- The 20Y average FCF payout ratio for AMT stock is 63.92%.
American Tower Corporation FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2025-12-31 | 83.44% |
| 2024-12-31 | 83.09% |
| 2023-12-31 | 100.85% |
| 2022-12-31 | 144.32% |
| 2021-12-31 | 65.96% |
| 2020-12-31 | 67.66% |
| 2019-12-31 | 58.05% |
| 2018-12-31 | 47.35% |
| 2017-12-31 | 54.87% |
| 2016-12-31 | 49.14% |
| 2015-12-31 | 54.70% |
| 2014-12-31 | 36.26% |
| 2013-12-31 | 49.71% |
| 2012-12-31 | 42.01% |
| 2011-12-31 | 21.43% |
About American Tower Corporation
American Tower Corporation, a prominent global Real Estate Investment Trust (REIT), stands as a premier independent entity specializing in the ownership, operation, and development of shared telecommunications infrastructure. The company manages an extensive portfolio of approximately 219,000 communication sites worldwide. For additional details, including earnings materials and investor presentations, please visit their investor relations website at www.americantower.com.
- Sector
- Real Estate
- Industry
- REIT - Specialty
- CEO
- Steven O. Vondran