Is AMT or WELL cheaper?

On trailing earnings, AMT is cheaper: AMT trades at a 30.24 P/E and WELL at 106.58.

Which has grown faster, AMT or WELL?

Over the past five years, WELL grew revenue faster — AMT at a 5.68% CAGR versus WELL at 21.49%.

Does AMT or WELL pay a bigger dividend?

AMT yields 2.77% and WELL yields 1.38% based on trailing dividends and the latest price.

Is AMT or WELL more profitable?

AMT runs the higher net margin — AMT at 26.60% versus WELL at 12.15%.

Which has been the better investment, AMT or WELL?

Over the past 10-year, WELL delivered the higher annualized total return — AMT at 8.24% versus WELL at 15.57%. Past performance doesn't predict future results.

American Tower Corporation (AMT) vs Welltower Inc. (WELL)

AMT leads on 12 of 16 compared metrics.

A side-by-side comparison of American Tower Corporation and Welltower Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

AMT

American Tower Corporation

Not enough overlapping price history to compare AMT and WELL.

AMT vs WELL: by the numbers

•WELL is the larger company ($151.23B vs $87.21B market cap).
•AMT trades at the lower earnings multiple (30.24 vs 106.58 P/E).
•AMT converts more revenue to profit (26.60% vs 12.15% net margin).
•WELL grew revenue faster over the past five years (21.49% vs 5.68% CAGR).
•AMT pays the higher dividend yield (2.77% vs 1.38%).

Which is better, AMT or WELL?

Metric tally: AMT 12 · WELL 4

It depends on what you're optimizing for:

ValueAMT(lower P/E)

GrowthWELL(faster 5Y revenue CAGR)

IncomeAMT(higher dividend yield)

QualityAMT(higher ROIC)

Valuation

Metric	AMT	WELL
P/E ratio	30.24●	106.58
Forward P/E	27.63●	73.96
P/S ratio	8.08●	13.43
P/B ratio	23.92	3.55●
PEG ratio	2.76	—
EV / EBITDA	19.11●	64.79
FCF yield	4.32%●	1.63%

Profitability

Metric	AMT	WELL
Gross margin	73.37%●	38.87%
Operating margin	44.24%●	4.62%
Net margin	26.60%●	12.15%
ROE	78.79%●	3.21%
ROIC	6.67%●	0.54%

Dividends

Metric	AMT	WELL
Dividend yield	2.77%●	1.38%
Payout ratio	96.11%	209.93%

Growth (annualized)

Metric	AMT	WELL
Revenue CAGR (5Y)	5.68%	21.49%●
EPS CAGR (5Y)	7.23%●	-9.79%
FCF CAGR (5Y)	4.46%	15.45%●
Total return CAGR (5Y)	-4.09%	24.90%●

Frequently asked

Which is better, AMT or WELL?: It depends on your goal. value: AMT (lower P/E); growth: WELL (faster 5Y revenue CAGR); income: AMT (higher dividend yield); quality: AMT (higher ROIC). Across all compared metrics, AMT leads 12 to 4.
Is AMT or WELL cheaper?: On trailing earnings, AMT is cheaper: AMT trades at a 30.24 P/E and WELL at 106.58.
Which has grown faster, AMT or WELL?: Over the past five years, WELL grew revenue faster — AMT at a 5.68% CAGR versus WELL at 21.49%.
Does AMT or WELL pay a bigger dividend?: AMT yields 2.77% and WELL yields 1.38% based on trailing dividends and the latest price.
Is AMT or WELL more profitable?: AMT runs the higher net margin — AMT at 26.60% versus WELL at 12.15%.
Which has been the better investment, AMT or WELL?: Over the past 10-year, WELL delivered the higher annualized total return — AMT at 8.24% versus WELL at 15.57%. Past performance doesn't predict future results.

Go deeper

Full AMT analysis Full WELL analysis Interactive comparison tool

Dig into the metrics

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

American Tower & Welltower appear in these rankings

Highest Dividend Yield Stocks Fastest Revenue Growth Stocks Highest ROE Stocks Highest Operating Margin 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 13, 2026.