American Tower (REIT) Quarterly Cash Flow Statement
NYSE: AMTReal EstateREIT - SpecialtyUSD
At close: Oct 12, 4:00 PM ET · Delayed 15 min
American Tower (REIT) free cash flow
In the quarter ended Jun 30, 2026, American Tower (REIT) generated $1.49 billion of operating cash flow and spent $320.9 million on capital expenditures. That left free cash flow of $1.17 billion, a free-cash-flow margin of 42.4% of revenue. Free cash flow was up 19.3% from the prior year's $976.9 million.
American Tower (REIT) returned $860.6 million to shareholders: $833.9 million in dividends and $26.7 million in share repurchases, equal to 74% of free cash flow. Free cash flow covered dividend payments 1.4 times.
Summary generated from market data by MetaCap's automated system. Methodology
American Tower (REIT) cash flow statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 887.50M | 878.50M | 836.80M | 912.60M | 380.50M | 498.60M | 1.23B | -780.40M | 908.40M | 921.70M | 13.30M | 577.30M |
| Net Income growth (YoY) | +133.25% | +76.19% | -32.00% | — | -58.11% | -45.90% | +9151.88% | -235.18% | +96.84% | +192.60% | — | -29.57% |
| Depreciation & Amortization | 514.40M | 518.20M | 515.90M | 522.90M | 510.30M | 492.50M | 500.90M | 498.50M | 520.60M | 508.80M | 724.90M | 723.20M |
| Stock-Based Compensation | 34.20M | 58.40M | 31.60M | 41.90M | 47.30M | 53.40M | 41.90M | 50.50M | 46.30M | 64.90M | 37.70M | 43.10M |
| Change in Working Capital | 53.40M | 14.10M | -112.60M | 40.10M | -53.40M | 56.50M | -135.40M | 168.70M | -114.10M | -41.10M | -43.40M | 5.80M |
| Operating Cash Flow | 1.49B | 1.40B | 1.43B | 1.46B | 1.28B | 1.29B | 1.20B | 1.47B | 1.34B | 1.28B | 1.14B | 1.30B |
| Capital Expenditures | -320.90M | -449.50M | -579.20M | -465.50M | -304.60M | -331.10M | -443.40M | -424.70M | -325.20M | -396.70M | -524.60M | -390.70M |
| Investing Cash Flow | -360.00M | -473.70M | -468.10M | -550.50M | -491.10M | -350.10M | -360.70M | 1.30B | -89.20M | -436.10M | -529.90M | -449.10M |
| Dividends Paid | -833.90M | -792.90M | -831.90M | -796.00M | -795.80M | -757.10M | -757.00M | -756.70M | -756.50M | -792.70M | -755.20M | -731.80M |
| Share Repurchases | -26.70M | -176.20M | — | — | 0 | 0 | — | — | — | — | — | — |
| Debt Issued | 872.20M | 0 | 847.30M | 593.30M | 562.00M | 998.00M | 1.19B | 0 | 1.08B | 1.29B | 0 | 1.50B |
| Debt Repaid | -3.05B | -1.23B | -1.65B | -2.48B | -3.48B | -1.84B | -1.99B | -3.25B | -3.62B | -3.57B | -793.20M | -2.03B |
| Financing Cash Flow | -971.70M | -831.00M | -1.44B | -1.01B | -906.70M | -843.80M | -908.50M | -3.13B | -1.03B | -390.20M | -815.90M | -707.70M |
| Net Change in Cash | 154.70M | 132.70M | -495.60M | -108.80M | -29.60M | 131.00M | -174.00M | -336.40M | 101.90M | 423.30M | -138.20M | 82.20M |
| Free Cash Flow | 1.17B | 951.10M | 848.30M | 994.50M | 976.90M | 963.90M | 755.60M | 1.04B | 1.01B | 886.90M | 617.30M | 909.90M |
This table shows 12 quarterly periods of American Tower (REIT)'s cash flow statement, from Q2 2026 back to Q3 2023, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow AMT's reporting calendar. What is a cash flow statement?