American Tower Corporation (AMT) vs Equinix, Inc. (EQIX)
AMT leads on 11 of 17 compared metrics.
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 June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
Total return — AMT vs EQIX
growth of $100 · last 26yAMT +346.9%EQIX +151.4%AMT compounded faster
AMT EQIX
AMT vs EQIX: by the numbers
- •EQIX is the larger company ($104.13B vs $87.21B market cap).
- •AMT trades at the lower earnings multiple (30.24 vs 73.07 P/E).
- •AMT converts more revenue to profit (26.60% vs 15.03% net margin).
- •EQIX grew revenue faster over the past five years (8.99% vs 5.68% CAGR).
- •AMT pays the higher dividend yield (2.77% vs 1.87%).
Which is better, AMT or EQIX?
Metric tally: AMT 11 · EQIX 6It depends on what you're optimizing for:
ValueAMT(lower P/E)
GrowthEQIX(faster 5Y revenue CAGR)
IncomeAMT(higher dividend yield)
QualityAMT(higher ROIC)
Valuation
| Metric | AMT | EQIX |
|---|---|---|
| P/E ratio | 30.24● | 73.07 |
| Forward P/E | 27.63● | 56.04 |
| P/S ratio | 8.08● | 11.02 |
| P/B ratio | 23.92 | 7.29● |
| PEG ratio | 2.76 | 0.90● |
| EV / EBITDA | 19.11● | 29.34 |
| FCF yield | 4.32%● | 0.85% |
Profitability
| Metric | AMT | EQIX |
|---|---|---|
| Gross margin | 73.37%● | 51.26% |
| Operating margin | 44.24%● | 20.80% |
| Net margin | 26.60%● | 15.03% |
| ROE | 78.79%● | 9.95% |
| ROIC | 6.67%● | 4.36% |
Dividends
| Metric | AMT | EQIX |
|---|---|---|
| Dividend yield | 2.77%● | 1.87% |
| Payout ratio | 96.11% | 142.86% |
Growth (annualized)
| Metric | AMT | EQIX |
|---|---|---|
| Revenue CAGR (5Y) | 5.68% | 8.99%● |
| EPS CAGR (5Y) | 7.23% | 26.73%● |
| FCF CAGR (5Y) | 4.46% | 94.19%● |
| Total return CAGR (5Y) | -4.09% | 7.37%● |
Frequently asked
- Which is better, AMT or EQIX?
- It depends on your goal. value: AMT (lower P/E); growth: EQIX (faster 5Y revenue CAGR); income: AMT (higher dividend yield); quality: AMT (higher ROIC). Across all compared metrics, AMT leads 11 to 6.
- Is AMT or EQIX cheaper?
- On trailing earnings, AMT is cheaper: AMT trades at a 30.24 P/E and EQIX at 73.07.
- Which has grown faster, AMT or EQIX?
- Over the past five years, EQIX grew revenue faster — AMT at a 5.68% CAGR versus EQIX at 8.99%.
- Does AMT or EQIX pay a bigger dividend?
- AMT yields 2.77% and EQIX yields 1.87% based on trailing dividends and the latest price.
- Is AMT or EQIX more profitable?
- AMT runs the higher net margin — AMT at 26.60% versus EQIX at 15.03%.
- Which has been the better investment, AMT or EQIX?
- Over the past 10-year, EQIX delivered the higher annualized total return — AMT at 8.24% versus EQIX at 13.20%. 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 June 13, 2026.