• American Tower average price to free cash flow ratio for 2024 was 26.39, a 21.15% increase from 2023.
• American Tower average price to free cash flow ratio for 2023 was 33.47, a 25.79% decline from 2022.
• American Tower average price to free cash flow ratio for 2022 was 45.1, a 39.54% decline from 2021.

Price to free cash flow ratio can be defined as