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

SPG has the lower trailing P/E: AMT trades at 26.94 and SPG at 16.14. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, AMT or SPG?

Over the past five years, SPG grew revenue faster — AMT at a 4.95% CAGR versus SPG at 8.15%.

Does AMT or SPG pay a bigger dividend?

AMT yields 4.19% and SPG yields 3.80% based on trailing dividends and the latest price.

Is AMT or SPG more profitable?

SPG runs the higher net margin — AMT at 30.88% versus SPG at 70.40%.

How have AMT and SPG total returns compared?

Over the past 10 years, AMT delivered 6.93% and SPG delivered 5.85% annualized total return. Past performance doesn't predict future results.

American Tower Corporation (AMT) vs Simon Property Group, Inc. (SPG)

A side-by-side comparison of American Tower Corporation and Simon Property Group, 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

$79.90B

$171.50Real EstateDelayed quote: Jul 28, 2026, 4:00 PM EDT

SPG

Simon Property Group, Inc.

$76.76B

$236.70Real EstateDelayed quote: Jul 28, 2026, 4:00 PM EDT

Total return — AMT vs SPG

growth of $100 · dividends reinvested · last 28y

AMT +1318.2%SPG +3027.0%SPG compounded faster

AMT SPG

AMT vs SPG: by the numbers

•AMT is the larger company ($79.90B vs $76.76B market cap).
•SPG trades at the lower trailing earnings multiple (16.14 vs 26.94 P/E), one valuation lens rather than an overall verdict.
•SPG converts more revenue to profit (70.40% vs 30.88% net margin).
•SPG grew revenue faster over the past five years (8.15% vs 4.95% CAGR).
•AMT pays the higher dividend yield (4.19% vs 3.80%).

Metrics side by side

Valuation

Metric	AMT	SPG
P/E ratio	26.94	16.14
Forward P/E	25.29	34.57
P/S ratio	7.19	11.29
P/B ratio	21.31	15.45
PEG ratio	2.76	0.14
EV / EBITDA	17.68	21.58

Profitability

Metric	AMT	SPG
Gross margin	73.19%	85.24%
Operating margin	44.40%	48.28%
Net margin	30.88%	70.40%
ROE	90.83%	96.34%
ROIC	9.25%	9.60%

Dividends

Metric	AMT	SPG
Dividend yield	4.19%	3.80%
Payout ratio	129.26%	62.23%

Growth (annualized)

Metric	AMT	SPG
Revenue CAGR (5Y)	4.95%	8.15%
EPS CAGR (5Y)	7.23%	31.55%
Total return CAGR (5Y)	-6.22%	19.74%

Frequently asked

Which has the lower trailing P/E, AMT or SPG?: SPG has the lower trailing P/E: AMT trades at 26.94 and SPG at 16.14. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, AMT or SPG?: Over the past five years, SPG grew revenue faster — AMT at a 4.95% CAGR versus SPG at 8.15%.
Does AMT or SPG pay a bigger dividend?: AMT yields 4.19% and SPG yields 3.80% based on trailing dividends and the latest price.
Is AMT or SPG more profitable?: SPG runs the higher net margin — AMT at 30.88% versus SPG at 70.40%.
How have AMT and SPG total returns compared?: Over the past 10 years, AMT delivered 6.93% and SPG delivered 5.85% annualized total return. Past performance doesn't predict future results.

Go deeper

Full AMT analysis Full SPG analysis Interactive comparison tool

Dig into the metrics

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

American Tower & Simon Property 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 28, 2026.