American Tower Corporation (AMT) vs Prologis, Inc. (PLD)
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 July 28, 2026. Differences are shown without an overall score or investment verdict.
AMT
American Tower Corporation
$171.50Real EstateDelayed quote: Jul 28, 2026, 4:00 PM EDT
PLD
Prologis, Inc.
$147.12Real EstateDelayed quote: Jul 28, 2026, 4:00 PM EDT
Total return — AMT vs PLD
growth of $100 · dividends reinvested · last 28yAMT +1318.2%PLD +1828.7%PLD compounded faster
AMT PLD
AMT vs PLD: by the numbers
- •PLD is the larger company ($137.17B vs $79.90B market cap).
- •AMT trades at the lower trailing earnings multiple (26.94 vs 32.80 P/E), one valuation lens rather than an overall verdict.
- •PLD converts more revenue to profit (45.79% vs 30.88% net margin).
- •PLD grew revenue faster over the past five years (15.39% vs 4.95% CAGR).
- •AMT pays the higher dividend yield (4.19% vs 2.82%).
Metrics side by side
Valuation
| Metric | AMT | PLD |
|---|---|---|
| P/E ratio | 26.94 | 32.80 |
| Forward P/E | 25.29 | 40.42 |
| P/S ratio | 7.19 | 15.35 |
| P/B ratio | 21.31 | 2.64 |
| PEG ratio | 2.76 | 2.60 |
| EV / EBITDA | 17.68 | 27.65 |
Profitability
| Metric | AMT | PLD |
|---|---|---|
| Gross margin | 73.19% | 59.60% |
| Operating margin | 44.40% | 38.43% |
| Net margin | 30.88% | 45.79% |
| ROE | 90.83% | 7.87% |
| ROIC | 9.25% | 3.80% |
Dividends
| Metric | AMT | PLD |
|---|---|---|
| Dividend yield | 4.19% | 2.82% |
| Payout ratio | 129.26% | 116.53% |
Growth (annualized)
| Metric | AMT | PLD |
|---|---|---|
| Revenue CAGR (5Y) | 4.95% | 15.39% |
| EPS CAGR (5Y) | 7.23% | 12.63% |
| Total return CAGR (5Y) | -6.22% | 6.10% |
Frequently asked
- Which has the lower trailing P/E, AMT or PLD?
- AMT has the lower trailing P/E: AMT trades at 26.94 and PLD at 32.80. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, AMT or PLD?
- Over the past five years, PLD grew revenue faster — AMT at a 4.95% CAGR versus PLD at 15.39%.
- Does AMT or PLD pay a bigger dividend?
- AMT yields 4.19% and PLD yields 2.82% based on trailing dividends and the latest price.
- Is AMT or PLD more profitable?
- PLD runs the higher net margin — AMT at 30.88% versus PLD at 45.79%.
- How have AMT and PLD total returns compared?
- Over the past 10 years, AMT delivered 6.93% and PLD delivered 13.90% annualized total return. 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 July 28, 2026.