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

AMT has the lower trailing P/E: AMT trades at 26.94 and O at 53.69. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, AMT or O?

Over the past five years, O grew revenue faster — AMT at a 4.95% CAGR versus O at 28.65%.

Does AMT or O pay a bigger dividend?

AMT yields 4.19% and O yields 4.95% based on trailing dividends and the latest price.

Is AMT or O more profitable?

AMT runs the higher net margin — AMT at 30.88% versus O at 18.94%.

How have AMT and O total returns compared?

Over the past 10 years, AMT delivered 6.93% and O delivered 4.59% annualized total return. Past performance doesn't predict future results.

American Tower Corporation (AMT) vs Realty Income Corporation (O)

A side-by-side comparison of American Tower Corporation and Realty Income Corporation 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

Realty Income Corporation

$61.29B

$65.73Real EstateDelayed quote: Jul 28, 2026, 4:00 PM EDT

Total return — AMT vs O

growth of $100 · dividends reinvested · last 28y

AMT +1237.3%O +2551.6%O compounded faster

AMT O

AMT vs O: by the numbers

•AMT is the larger company ($79.90B vs $61.29B market cap).
•AMT trades at the lower trailing earnings multiple (26.94 vs 53.69 P/E), one valuation lens rather than an overall verdict.
•AMT converts more revenue to profit (30.88% vs 18.94% net margin).
•O grew revenue faster over the past five years (28.65% vs 4.95% CAGR).
•O pays the higher dividend yield (4.95% vs 4.19%).

Metrics side by side

Valuation

Metric	AMT	O
P/E ratio	26.94	53.69
Forward P/E	25.29	42.36
P/S ratio	7.19	10.01
P/B ratio	21.31	1.51
PEG ratio	2.76	2.49
EV / EBITDA	17.68	21.08

Profitability

Metric	AMT	O
Gross margin	73.19%	89.80%
Operating margin	44.40%	29.27%
Net margin	30.88%	18.94%
ROE	90.83%	2.86%
ROIC	9.25%	2.45%

Dividends

Metric	AMT	O
Dividend yield	4.19%	4.95%
Payout ratio	129.26%	276.84%

Growth (annualized)

Metric	AMT	O
Revenue CAGR (5Y)	4.95%	28.65%
EPS CAGR (5Y)	7.23%	0.35%
Total return CAGR (5Y)	-6.22%	4.31%

Frequently asked

Which has the lower trailing P/E, AMT or O?: AMT has the lower trailing P/E: AMT trades at 26.94 and O at 53.69. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, AMT or O?: Over the past five years, O grew revenue faster — AMT at a 4.95% CAGR versus O at 28.65%.
Does AMT or O pay a bigger dividend?: AMT yields 4.19% and O yields 4.95% based on trailing dividends and the latest price.
Is AMT or O more profitable?: AMT runs the higher net margin — AMT at 30.88% versus O at 18.94%.
How have AMT and O total returns compared?: Over the past 10 years, AMT delivered 6.93% and O delivered 4.59% annualized total return. Past performance doesn't predict future results.

Go deeper

Full AMT analysis Full O analysis Interactive comparison tool

Dig into the metrics

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

American Tower & Realty Income appear in these rankings

Highest Dividend Yield Stocks 25+ Year Dividend Growers Fastest Revenue Growth Stocks Highest ROE 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.