American Tower Corporation (AMT) vs Crown Castle Inc. (CCI)
A side-by-side comparison of American Tower Corporation and Crown Castle Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 1, 2026. Differences are shown without an overall score or investment verdict.
AMT
American Tower Corporation
$173.36Real EstateAt close: Jul 31, 2026, 4:00 PM ET
CCI
Crown Castle Inc.
$76.30Real EstateAt close: Jul 31, 2026, 4:00 PM ET
Total return — AMT vs CCI
growth of $100 · dividends reinvested · last 28yAMT +951.1%CCI +870.6%AMT compounded faster
AMT CCI
AMT vs CCI: by the numbers
- •AMT is the larger company ($80.78B vs $33.34B market cap).
- •AMT trades at the lower trailing earnings multiple (23.85 vs 31.02 P/E), one valuation lens rather than an overall verdict.
- •AMT converts more revenue to profit (30.88% vs 25.83% net margin).
- •AMT grew revenue faster over the past five years (4.95% vs -7.20% CAGR).
- •CCI pays the higher dividend yield (5.57% vs 4.03%).
Metrics side by side
Valuation
| Metric | AMT | CCI |
|---|---|---|
| P/E ratio | 23.85 | 31.02 |
| Forward P/E | 25.24 | 38.60 |
| P/S ratio | 7.39 | 7.96 |
| P/B ratio | 21.75 | N/A |
| PEG ratio | 2.76 | N/A |
| EV / EBITDA | 17.87 | 20.80 |
Profitability
| Metric | AMT | CCI |
|---|---|---|
| Gross margin | 73.19% | 63.19% |
| Operating margin | 44.40% | 47.74% |
| Net margin | 30.88% | 25.83% |
| ROE | 90.83% | -27.16% |
| ROIC | 9.25% | 10.33% |
Dividends
| Metric | AMT | CCI |
|---|---|---|
| Dividend yield | 4.03% | 5.57% |
| Payout ratio | 129.26% | 416.67% |
Growth (annualized)
| Metric | AMT | CCI |
|---|---|---|
| Revenue CAGR (5Y) | 4.95% | -7.20% |
| EPS CAGR (5Y) | 7.23% | -15.45% |
| Total return CAGR (5Y) | -6.43% | -12.87% |
Frequently asked
- Which has the lower trailing P/E, AMT or CCI?
- AMT has the lower trailing P/E: AMT trades at 23.85 and CCI at 31.02. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, AMT or CCI?
- Over the past five years, AMT grew revenue faster — AMT at a 4.95% CAGR versus CCI at -7.20%.
- Does AMT or CCI pay a bigger dividend?
- AMT yields 4.03% and CCI yields 5.57% based on trailing dividends and the latest price.
- Is AMT or CCI more profitable?
- AMT runs the higher net margin — AMT at 30.88% versus CCI at 25.83%.
- How have AMT and CCI total returns compared?
- Over the past 10 years, AMT delivered 6.80% and CCI delivered 1.80% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
American Tower P/E ratioCrown Castle P/E ratioAmerican Tower dividend yieldCrown Castle dividend yieldAmerican Tower ROECrown Castle ROEAmerican Tower operating marginCrown Castle operating marginAmerican Tower revenue growthCrown Castle revenue growthAmerican Tower free cash flowCrown Castle free cash flow
American Tower & Crown Castle appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 1, 2026.