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 26y
AMT +346.9%EQIX +151.4%AMT compounded faster
0200400600Start $10020052010201520202025$447$251
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 6

It depends on what you're optimizing for:

ValueAMT(lower P/E)
GrowthEQIX(faster 5Y revenue CAGR)
IncomeAMT(higher dividend yield)
QualityAMT(higher ROIC)

Valuation

MetricAMTEQIX
P/E ratio30.2473.07
Forward P/E27.6356.04
P/S ratio8.0811.02
P/B ratio23.927.29
PEG ratio2.760.90
EV / EBITDA19.1129.34
FCF yield4.32%0.85%

Profitability

MetricAMTEQIX
Gross margin73.37%51.26%
Operating margin44.24%20.80%
Net margin26.60%15.03%
ROE78.79%9.95%
ROIC6.67%4.36%

Dividends

MetricAMTEQIX
Dividend yield2.77%1.87%
Payout ratio96.11%142.86%

Growth (annualized)

MetricAMTEQIX
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.

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.