Is AMT or PSA cheaper?

On trailing earnings, AMT is cheaper: AMT trades at a 30.24 P/E and PSA at 33.64.

Which has grown faster, AMT or PSA?

Over the past five years, PSA grew revenue faster — AMT at a 5.68% CAGR versus PSA at 10.32%.

Does AMT or PSA pay a bigger dividend?

AMT yields 2.77% and PSA yields 2.76% based on trailing dividends and the latest price.

Is AMT or PSA more profitable?

PSA runs the higher net margin — AMT at 26.60% versus PSA at 39.16%.

Which has been the better investment, AMT or PSA?

Over the past 10-year, AMT delivered the higher annualized total return — AMT at 8.24% versus PSA at 6.79%. Past performance doesn't predict future results.

American Tower Corporation (AMT) vs Public Storage (PSA)

AMT and PSA are evenly matched — 7 metrics each of 14.

A side-by-side comparison of American Tower Corporation and Public Storage across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 14, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

AMT

American Tower Corporation

Total return — AMT vs PSA

growth of $100 · last 28y

AMT +977.0%PSA +957.9%AMT compounded faster

AMT PSA

AMT vs PSA: by the numbers

•AMT is the larger company ($87.21B vs $57.22B market cap).
•AMT trades at the lower earnings multiple (30.24 vs 33.64 P/E).
•PSA converts more revenue to profit (39.16% vs 26.60% net margin).
•PSA grew revenue faster over the past five years (10.32% vs 5.68% CAGR).
•AMT pays the higher dividend yield (2.77% vs 2.76%).

Which is better, AMT or PSA?

Metric tally: AMT 7 · PSA 7

It depends on what you're optimizing for:

ValueAMT(lower P/E)

GrowthPSA(faster 5Y revenue CAGR)

QualityPSA(higher ROIC)

Valuation

Metric	AMT	PSA
P/E ratio	30.24●	33.64
Forward P/E	27.63●	33.01
P/S ratio	8.08●	11.80
P/B ratio	23.92	6.22●
PEG ratio	2.76●	4.47
EV / EBITDA	19.11●	20.76

Profitability

Metric	AMT	PSA
Gross margin	73.37%●	60.63%
Operating margin	44.24%	50.85%●
Net margin	26.60%	39.16%●
ROE	78.79%●	20.63%
ROIC	6.67%	11.50%●

Dividends

Metric	AMT	PSA
Dividend yield	2.77%	2.76%
Payout ratio	96.11%	99.56%

Growth (annualized)

Metric	AMT	PSA
Revenue CAGR (5Y)	5.68%	10.32%●
EPS CAGR (5Y)	7.23%	7.52%●
Total return CAGR (5Y)	-4.09%	5.63%●

Frequently asked

Which is better, AMT or PSA?: It depends on your goal. value: AMT (lower P/E); growth: PSA (faster 5Y revenue CAGR); quality: PSA (higher ROIC). Across all compared metrics, they are evenly matched.
Is AMT or PSA cheaper?: On trailing earnings, AMT is cheaper: AMT trades at a 30.24 P/E and PSA at 33.64.
Which has grown faster, AMT or PSA?: Over the past five years, PSA grew revenue faster — AMT at a 5.68% CAGR versus PSA at 10.32%.
Does AMT or PSA pay a bigger dividend?: AMT yields 2.77% and PSA yields 2.76% based on trailing dividends and the latest price.
Is AMT or PSA more profitable?: PSA runs the higher net margin — AMT at 26.60% versus PSA at 39.16%.
Which has been the better investment, AMT or PSA?: Over the past 10-year, AMT delivered the higher annualized total return — AMT at 8.24% versus PSA at 6.79%. Past performance doesn't predict future results.

Go deeper

Full AMT analysis Full PSA analysis Interactive comparison tool

Dig into the metrics

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

American Tower & Public Storage appear in these rankings

Highest Dividend Yield Stocks Highest ROE Stocks Highest Operating Margin Stocks Highest FCF Yield 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 June 14, 2026.