American Tower Corporation (AMT) vs Prologis, Inc. (PLD)
AMT leads on 10 of 16 compared metrics.
A side-by-side comparison of American Tower Corporation and Prologis, 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).
Not enough overlapping price history to compare AMT and PLD.
AMT vs PLD: by the numbers
- •PLD is the larger company ($138.68B vs $87.21B market cap).
- •AMT trades at the lower earnings multiple (30.24 vs 37.56 P/E).
- •PLD converts more revenue to profit (41.54% vs 26.60% net margin).
- •PLD grew revenue faster over the past five years (14.19% vs 5.68% CAGR).
- •AMT pays the higher dividend yield (2.77% vs 2.76%).
Which is better, AMT or PLD?
Metric tally: AMT 10 · PLD 6It depends on what you're optimizing for:
ValueAMT(lower P/E)
GrowthPLD(faster 5Y revenue CAGR)
QualityAMT(higher ROIC)
Valuation
| Metric | AMT | PLD |
|---|---|---|
| P/E ratio | 30.24● | 37.56 |
| Forward P/E | 27.63● | 40.57 |
| P/S ratio | 8.08● | 15.92 |
| P/B ratio | 23.92 | 2.66● |
| PEG ratio | 2.76● | 2.97 |
| EV / EBITDA | 19.11● | 22.86 |
| FCF yield | 4.32%● | 3.50% |
Profitability
| Metric | AMT | PLD |
|---|---|---|
| Gross margin | 73.37%● | 43.37% |
| Operating margin | 44.24%● | 38.94% |
| Net margin | 26.60% | 41.54%● |
| ROE | 78.79%● | 6.95% |
| ROIC | 6.67%● | 3.60% |
Dividends
| Metric | AMT | PLD |
|---|---|---|
| Dividend yield | 2.77% | 2.76% |
| Payout ratio | 96.11% | 114.85% |
Growth (annualized)
| Metric | AMT | PLD |
|---|---|---|
| Revenue CAGR (5Y) | 5.68% | 14.19%● |
| EPS CAGR (5Y) | 7.23% | 12.63%● |
| FCF CAGR (5Y) | 4.46% | 10.15%● |
| Total return CAGR (5Y) | -4.09% | 6.58%● |
Frequently asked
- Which is better, AMT or PLD?
- It depends on your goal. value: AMT (lower P/E); growth: PLD (faster 5Y revenue CAGR); quality: AMT (higher ROIC). Across all compared metrics, AMT leads 10 to 6.
- Is AMT or PLD cheaper?
- On trailing earnings, AMT is cheaper: AMT trades at a 30.24 P/E and PLD at 37.56.
- Which has grown faster, AMT or PLD?
- Over the past five years, PLD grew revenue faster — AMT at a 5.68% CAGR versus PLD at 14.19%.
- Does AMT or PLD pay a bigger dividend?
- AMT yields 2.77% and PLD yields 2.76% based on trailing dividends and the latest price.
- Is AMT or PLD more profitable?
- PLD runs the higher net margin — AMT at 26.60% versus PLD at 41.54%.
- Which has been the better investment, AMT or PLD?
- Over the past 10-year, PLD delivered the higher annualized total return — AMT at 8.24% versus PLD at 14.65%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
American Tower P/E ratioPrologis P/E ratioAmerican Tower dividend yieldPrologis dividend yieldAmerican Tower ROEPrologis ROEAmerican Tower operating marginPrologis operating marginAmerican Tower revenue growthPrologis revenue growthAmerican Tower free cash flowPrologis free cash flow
American Tower & Prologis 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.