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 6

It depends on what you're optimizing for:

ValueAMT(lower P/E)
GrowthPLD(faster 5Y revenue CAGR)
QualityAMT(higher ROIC)

Valuation

MetricAMTPLD
P/E ratio30.2437.56
Forward P/E27.6340.57
P/S ratio8.0815.92
P/B ratio23.922.66
PEG ratio2.762.97
EV / EBITDA19.1122.86
FCF yield4.32%3.50%

Profitability

MetricAMTPLD
Gross margin73.37%43.37%
Operating margin44.24%38.94%
Net margin26.60%41.54%
ROE78.79%6.95%
ROIC6.67%3.60%

Dividends

MetricAMTPLD
Dividend yield2.77%2.76%
Payout ratio96.11%114.85%

Growth (annualized)

MetricAMTPLD
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.

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.