Which has the lower trailing P/E, AMT or DLR?

AMT has the lower trailing P/E: AMT trades at 26.94 and DLR at 227.63. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, AMT or DLR?

Over the past five years, DLR grew revenue faster — AMT at a 4.95% CAGR versus DLR at 4.95%.

Does AMT or DLR pay a bigger dividend?

AMT yields 4.19% and DLR yields 2.49% based on trailing dividends and the latest price.

Is AMT or DLR more profitable?

AMT runs the higher net margin — AMT at 30.88% versus DLR at 6.72%.

How have AMT and DLR total returns compared?

Over the past 10 years, AMT delivered 6.93% and DLR delivered 9.90% annualized total return. Past performance doesn't predict future results.

American Tower Corporation (AMT) vs Digital Realty Trust, Inc. (DLR)

A side-by-side comparison of American Tower Corporation and Digital Realty Trust, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 28, 2026. Differences are shown without an overall score or investment verdict.

AMT

American Tower Corporation

$79.90B

$171.50Real EstateDelayed quote: Jul 28, 2026, 4:00 PM EDT

DLR

Digital Realty Trust, Inc.

$71.47B

$193.18Real EstateDelayed quote: Jul 28, 2026, 4:00 PM EDT

Total return — AMT vs DLR

growth of $100 · dividends reinvested · last 22y

AMT +1403.0%DLR +3753.5%DLR compounded faster

AMT DLR

AMT vs DLR: by the numbers

•AMT is the larger company ($79.90B vs $71.47B market cap).
•AMT trades at the lower trailing earnings multiple (26.94 vs 227.63 P/E), one valuation lens rather than an overall verdict.
•AMT converts more revenue to profit (30.88% vs 6.72% net margin).
•AMT pays the higher dividend yield (4.19% vs 2.49%).

Metrics side by side

Valuation

Metric	AMT	DLR
P/E ratio	26.94	227.63
Forward P/E	25.29	77.24
P/S ratio	7.19	9.82
P/B ratio	21.31	2.70
PEG ratio	2.76	0.36
EV / EBITDA	17.68	27.63

Profitability

Metric	AMT	DLR
Gross margin	73.19%	55.39%
Operating margin	44.40%	10.77%
Net margin	30.88%	6.72%
ROE	90.83%	5.71%
ROIC	9.25%	N/A

Dividends

Metric	AMT	DLR
Dividend yield	4.19%	2.49%
Payout ratio	129.26%	130.83%

Growth (annualized)

Metric	AMT	DLR
Revenue CAGR (5Y)	4.95%	4.95%
EPS CAGR (5Y)	7.23%	29.87%
Total return CAGR (5Y)	-6.22%	8.61%

Frequently asked

Which has the lower trailing P/E, AMT or DLR?: AMT has the lower trailing P/E: AMT trades at 26.94 and DLR at 227.63. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, AMT or DLR?: Over the past five years, DLR grew revenue faster — AMT at a 4.95% CAGR versus DLR at 4.95%.
Does AMT or DLR pay a bigger dividend?: AMT yields 4.19% and DLR yields 2.49% based on trailing dividends and the latest price.
Is AMT or DLR more profitable?: AMT runs the higher net margin — AMT at 30.88% versus DLR at 6.72%.
How have AMT and DLR total returns compared?: Over the past 10 years, AMT delivered 6.93% and DLR delivered 9.90% annualized total return. Past performance doesn't predict future results.

Go deeper

Full AMT analysis Full DLR analysis Interactive comparison tool

Dig into the metrics

American Tower P/E ratio Digital Realty Trust P/E ratio American Tower dividend yield Digital Realty Trust dividend yield American Tower ROE Digital Realty Trust ROE American Tower operating margin Digital Realty Trust operating margin American Tower revenue growth Digital Realty Trust revenue growth American Tower free cash flow Digital Realty Trust free cash flow

American Tower & Digital Realty Trust appear in these rankings

Highest Dividend Yield Stocks Highest ROE Stocks Highest Operating Margin Stocks Highest FCF Yield Stocks

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 July 28, 2026.