Which has the lower trailing P/E, AMT or PSA?

AMT has the lower trailing P/E: AMT trades at 24.00 and PSA at 30.29. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, AMT or PSA?

Over the past five years, PSA grew revenue faster — AMT at a 4.95% CAGR versus PSA at 9.62%.

Does AMT or PSA pay a bigger dividend?

AMT yields 4.00% and PSA yields 3.78% based on trailing dividends and the latest price.

Is AMT or PSA more profitable?

PSA runs the higher net margin — AMT at 30.88% versus PSA at 41.86%.

How have AMT and PSA total returns compared?

Over the past 10 years, AMT delivered 6.87% and PSA delivered 6.66% annualized total return. Past performance doesn't predict future results.

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

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 July 31, 2026. Differences are shown without an overall score or investment verdict.

AMT

American Tower Corporation

$80.01B

$171.70Real EstateDelayed quote: Jul 31, 2026, 2:00 PM EDT

PSA

Public Storage

$60.46B

$324.23Real EstateDelayed quote: Jul 31, 2026, 2:00 PM EDT

Total return — AMT vs PSA

growth of $100 · dividends reinvested · last 28y

AMT +1299.8%PSA +2875.7%PSA compounded faster

AMT PSA

AMT vs PSA: by the numbers

•AMT is the larger company ($80.01B vs $60.46B market cap).
•AMT trades at the lower trailing earnings multiple (24.00 vs 30.29 P/E), one valuation lens rather than an overall verdict.
•PSA converts more revenue to profit (41.86% vs 30.88% net margin).
•PSA grew revenue faster over the past five years (9.62% vs 4.95% CAGR).
•AMT pays the higher dividend yield (4.00% vs 3.78%).

Metrics side by side

Valuation

Metric	AMT	PSA
P/E ratio	24.00	30.29
Forward P/E	25.57	31.55
P/S ratio	7.44	11.46
P/B ratio	21.88	6.10
PEG ratio	2.76	4.03
EV / EBITDA	17.94	18.70

Profitability

Metric	AMT	PSA
Gross margin	73.19%	24.96%
Operating margin	44.40%	48.30%
Net margin	30.88%	41.86%
ROE	90.83%	22.28%
ROIC	9.25%	12.36%

Dividends

Metric	AMT	PSA
Dividend yield	4.00%	3.78%
Payout ratio	129.26%	132.74%

Growth (annualized)

Metric	AMT	PSA
Revenue CAGR (5Y)	4.95%	9.62%
EPS CAGR (5Y)	7.23%	7.52%
Total return CAGR (5Y)	-6.32%	3.99%

Frequently asked

Which has the lower trailing P/E, AMT or PSA?: AMT has the lower trailing P/E: AMT trades at 24.00 and PSA at 30.29. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, AMT or PSA?: Over the past five years, PSA grew revenue faster — AMT at a 4.95% CAGR versus PSA at 9.62%.
Does AMT or PSA pay a bigger dividend?: AMT yields 4.00% and PSA yields 3.78% based on trailing dividends and the latest price.
Is AMT or PSA more profitable?: PSA runs the higher net margin — AMT at 30.88% versus PSA at 41.86%.
How have AMT and PSA total returns compared?: Over the past 10 years, AMT delivered 6.87% and PSA delivered 6.66% annualized total return. 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 July 31, 2026.