American Tower Corporation (AMT) vs Equinix, Inc. (EQIX)
A side-by-side comparison of American Tower Corporation and Equinix, 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
$171.50Real EstateDelayed quote: Jul 28, 2026, 4:00 PM EDT
EQIX
Equinix, Inc.
$1,034.86Real EstateDelayed quote: Jul 28, 2026, 4:00 PM EDT
Total return — AMT vs EQIX
growth of $100 · dividends reinvested · last 26yAMT +455.4%EQIX +224.7%AMT compounded faster
AMT EQIX
AMT vs EQIX: by the numbers
- •EQIX is the larger company ($102.06B vs $79.90B market cap).
- •AMT trades at the lower trailing earnings multiple (26.94 vs 72.44 P/E), one valuation lens rather than an overall verdict.
- •AMT converts more revenue to profit (30.88% vs 15.03% net margin).
- •EQIX grew revenue faster over the past five years (8.99% vs 4.95% CAGR).
- •AMT pays the higher dividend yield (4.19% vs 1.88%).
Metrics side by side
Valuation
| Metric | AMT | EQIX |
|---|---|---|
| P/E ratio | 26.94 | 72.44 |
| Forward P/E | 25.29 | 60.62 |
| P/S ratio | 7.19 | 10.93 |
| P/B ratio | 21.31 | 7.23 |
| PEG ratio | 2.76 | 0.90 |
| EV / EBITDA | 17.68 | 30.57 |
Profitability
| Metric | AMT | EQIX |
|---|---|---|
| Gross margin | 73.19% | 51.26% |
| Operating margin | 44.40% | 20.80% |
| Net margin | 30.88% | 15.03% |
| ROE | 90.83% | 9.95% |
| ROIC | 9.25% | 4.86% |
Dividends
| Metric | AMT | EQIX |
|---|---|---|
| Dividend yield | 4.19% | 1.88% |
| Payout ratio | 129.26% | 142.86% |
Growth (annualized)
| Metric | AMT | EQIX |
|---|---|---|
| Revenue CAGR (5Y) | 4.95% | 8.99% |
| EPS CAGR (5Y) | 7.23% | 26.73% |
| Total return CAGR (5Y) | -6.22% | 6.61% |
Frequently asked
- Which has the lower trailing P/E, AMT or EQIX?
- AMT has the lower trailing P/E: AMT trades at 26.94 and EQIX at 72.44. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, AMT or EQIX?
- Over the past five years, EQIX grew revenue faster — AMT at a 4.95% CAGR versus EQIX at 8.99%.
- Does AMT or EQIX pay a bigger dividend?
- AMT yields 4.19% and EQIX yields 1.88% based on trailing dividends and the latest price.
- Is AMT or EQIX more profitable?
- AMT runs the higher net margin — AMT at 30.88% versus EQIX at 15.03%.
- How have AMT and EQIX total returns compared?
- Over the past 10 years, AMT delivered 6.93% and EQIX delivered 12.79% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
American Tower P/E ratioEquinix P/E ratioAmerican Tower dividend yieldEquinix dividend yieldAmerican Tower ROEEquinix ROEAmerican Tower operating marginEquinix operating marginAmerican Tower revenue growthEquinix revenue growthAmerican Tower free cash flowEquinix free cash flow
American Tower & Equinix 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 July 28, 2026.