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.

Compare

Total returnAMT vs PLD

growth of $100 · dividends reinvested · last 28y
AMT +1318.2%PLD +1828.7%PLD compounded faster
05001k2k2kStart $10020032008201320182023$1,418$1,929
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

MetricAMTPLD
P/E ratio26.9432.80
Forward P/E25.2940.42
P/S ratio7.1915.35
P/B ratio21.312.64
PEG ratio2.762.60
EV / EBITDA17.6827.65

Profitability

MetricAMTPLD
Gross margin73.19%59.60%
Operating margin44.40%38.43%
Net margin30.88%45.79%
ROE90.83%7.87%
ROIC9.25%3.80%

Dividends

MetricAMTPLD
Dividend yield4.19%2.82%
Payout ratio129.26%116.53%

Growth (annualized)

MetricAMTPLD
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.

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.